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Howard Stutz Gaming Guru - Page 248LV Sands trial delayed amid settlement talks2 June 2009
LAS VEGAS, Nevada –- The start of a civil trial concerning how Las Vegas Sands Corp. earned a Macau gaming license has been delayed until Thursday amid reports the sides may be in settlement talks.
Three men are suing Las Vegas Sands, saying they helped connect the company with its eventual partner in the 2002 Macau licensing process. ... (read more)
WSOP giving the average Joe a chance1 June 2009
LAS VEGAS, Nevada -- With the economy suffering, event planners for the World Series of Poker devised the tournament's own version of a stimulus package.
Sunday was the second opening day of a $1,000 buy-in, no-limit hold'em event. Buy-ins for world championship events are set at $10,000. ... (read more)
Palms Place condo buyers offered financing29 May 2009
LAS VEGAS, Nevada –- In an effort to jump-start sales in the otherwise nonexistent high-rise condominium market, the Palms has begun offering seller-backed financing to some 150 potential purchasers in the 599-unit Palms Place development.
Palms President George Maloof said Thursday the ... (read more)
Vegas casino companies look to Massachusetts29 May 2009
LAS VEGAS, Nevada –- A few Las Vegas-based casino companies are poking around Massachusetts as the commonwealth's government prepares to take another look at legalized gambling, the Boston Globe reported this morning.
Steve Wynn and Boyd Gaming Corp., have hired lobbyists and sent representatives to ... (read more)
Sands Bethlehem impresses on opening weekend29 May 2009
BETHLEHEM, Pennsylvania –- A week after the $743 million Sands Bethlehem Casino opened, Wall Street decided to scope out the property.
After all, the casino is only a 90-minute drive from New York City.
Two gaming analysts came away impressed by the casino's initial performance.
Based on ... (read more)
Odds against a repeat WSOP Main Event champ28 May 2009
LAS VEGAS, Nevada –- Peter Eastgate did the math. The odds aren't in his favor.
In November, the Danish-born Eastgate became the World Series of Poker's youngest-ever champion, besting a field of 6,844 players to win $9.15 million in the tournament's No-limit Hold'em Main Event.
World Series of ... (read more)
New LV Sands president ready for action26 May 2009
LAS VEGAS, Nevada –- If he had done his job correctly, Michael Leven wouldn't be president of Las Vegas Sands Corp.
Leven, a member of the casino operator's board of directors since 2004 and a 20-year friend of company Chairman Sheldon Adelson, was asked to find a replacement for Bill Weidner, whose ... (read more)
Illinois moves to legalize slots in bars26 May 2009
SPRINGFIELD, Illinois –- Illinois lawmakers gave the slot machine industry hopes for a new source of potential revenue Thursday evening.
If Gov. Pat Quinn agrees, International Game Technology, Bally Technologies and Illinois-based WMS Industries could get a much-needed boost to their bottom ... (read more)
Companies may be hired to run sold-off properties26 May 2009
LAS VEGAS, Nevada –- Randall Fine is busy enough right now.
He knows, however, as the financially challenged casino industry weaves its way through restructuring over the next couple of years, his life may become a little more complicated.
Fine, managing director of The Fine Point Group, a Las ... (read more)
Sands high hopes for Bethlehem casino22 May 2009
LAS VEGAS, Nevada –- It seemed like a strange marriage.
In December 2006, Las Vegas Sands Corp. was awarded a gaming license to build a stand-alone casino on the site of the former Bethlehem Steel Mill in Pennsylvania's Lehigh Valley.
The mill, closed since November 1995, operated for ... (read more)
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