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Howard Stutz Gaming Guru - Page 246Ex-dealer sues Caesars Palace over smoke exposure24 July 2009
LAS VEGAS, Nevada –- A dealer who spent two decades at Caesars Palace has sued the Strip resort and parent company Harrah's Entertainment in federal court claiming that exposure to secondhand smoke forced her to quit her casino job.
In a lawsuit that attorneys are seeking to have certified as ... (read more)
Investors bet on IGT despite down quarter24 July 2009
LAS VEGAS, Nevada –- Investors are looking toward the future and not the past when it concerns International Game Technology.
The Reno-based slot machine giant said Thursday its profits declined 39 percent in the quarter that ended June 30. Revenues fell 23 percent and the number of slot machines shipped ... (read more)
Nevada casino work card system now online22 July 2009
LAS VEGAS, Nevada –- More than five years after taking over the casino employee registration program from local law enforcement, state gaming regulators have moved the process online in an effort to cut costs and streamline the work card system.
The Gaming Control Board Technology Division, using internal ... (read more)
Jim Cramer changes gaming stances22 July 2009
LAS VEGAS, Nevada –- Stock prognosticator Jim Cramer, the host of CNBC's "Mad Money," has not been a fan of the gaming industry. For the past year, he has warned investors to stay away from casino stocks because of falling revenues in Las Vegas, Atlantic City and other gambling markets.
But Tuesday, he ... (read more)
Wynn planning IPO in Hong Kong21 July 2009
LAS VEGAS, Nevada –- Las Vegas-based Wynn Resorts plans to spin off shares in its Wynn Macau casino into a separate initial public offering that will be traded on the Hong Kong Stock Exchange, several wire services reported late Monday.
According to un-named sources quoted by Dow Jones News Service, the ... (read more)
Good news for slots in Ohio and Illinois20 July 2009
LAS VEGAS, Nevada –- The slot machine industry is celebrating some good news coming from two of the most unlikely places, Ohio and Illinois.
Governors in the two states approved legislation that will add an estimated 40,000 to 75,000 new slot machines in the combined markets. Analysts said the events may ... (read more)
Analyst: Sands Bethlehem needs more to compete17 July 2009
BETHLEHEM, Pennsylvania –- Stifel Nicolaus gaming analyst Steven Wieczynski visited the Sands Bethlehem in Pennsylvania recently and said business has slowed considerably since the resort's crowded Memorial Day weekend opening.
The Wall Street researcher was impressed with the property's magnitude – Las Vegas Sands owns the entire Bethlehem Steel complex on the Lehigh River. ... (read more)
LV Sands promotes Rob Goldstein15 July 2009
LAS VEGAS, Nevada –- Long-time Las Vegas Sands Corp. executive Rob Goldstein was promoted to executive vice president and saw his employment agreement extended by two-and-a-half years, the company announced Tuesday.
The move comes several months after two other long-time Las Vegas Sands executives, former ... (read more)
Penn National applies for Nevada gaming license14 July 2009
LAS VEGAS, Nevada –- Casino operator Penn National Gaming, one of the Strip's most widely rumored suitors, has applied for a Nevada gaming license after acquiring 1 percent of a small slot machine distributor.
The move allows Penn National, which operates 19 casinos and racetracks in regional markets, to gain Nevada licensing approval before buying a Strip casino. ... (read more)
Mandarin adds swank to Strip13 July 2009
LAS VEGAS, Nevada -- Guests checking into the Mandarin Oriental at CityCenter will actually go down to their rooms.
The check-in lobby inside the boutique-size nongaming hotel is on the building's 23rd floor, offering customers a panoramic view of the Strip and the rest of the $8.5 billion ... (read more)
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