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Howard Stutz Gaming Guru - Page 25Casinos filing more suspicious activity reports, prosecutor says19 June 2015
Casinos are increasingly reporting customers’ suspicious activity but more can be accomplished through a “culture of compliance,” a federal prosecutor charged with enforcing anti-money laws told a Las Vegas audience on Thursday. The address marked the second year in a row a top official from the Department ... (read more)
Boyd Gaming pledges $2.5 million for new building at UNLV19 June 2015
Boyd Gaming Corp. has pledged a $2.5 million donation to support construction of a new building for William F. Harrah College of Hotel Administration at the University of Nevada, Las Vegas. The donation comes a week after Gov. Brian Sandoval signed an appropriations bill that included $24.4 million in funding for the building. ... (read more)
Scientific Games signs deal with Oregon Lottery18 June 2015
Gaming equipment provider Scientific Games Corp. said Wednesday it signed a deal to sell some 2,000 slot machine-like video lottery terminals to the Oregon Lottery. The transaction is taking place through the Las Vegas-based company’s Bally Gaming subsidiary. Financial details were not disclosed. Bally ... (read more)
UNLV law school to create center for gaming regulators18 June 2015
A one-of-a-kind center, where gaming regulators worldwide can meet to exchange ideas and discuss emerging issues, will be created at the University of Nevada Las Vegas Boyd School of Law after state lawmakers designated $1 million for the program. The Nevada System of Higher Education Board of Regents still needs to sign off on the International Center for Excellence in Gaming Regulation. ... (read more)
Inside Gaming: In memory of Kirk Kerkorian, Las Vegas' most reclusive billionaire17 June 2015
Kirk Kerkorian was never comfortable in the spotlight. Despite his status as one of America’s most successful billionaires, having owned a Hollywood movie studio and some of the Strip’s glitziest resorts, Kerkorian was reserved, unpretentious and media-shy. That seems almost foreign today. Twitter, ... (read more)
Kirk Kerkorian, founding father of modern Las Vegas, passes away17 June 2015
Billionaire financier Kirk Kerkorian, one of the founders of modern Las Vegas, whose name is synonymous with some of the Strip’s best-known hotel-casinos, died Monday night in Los Angeles after a brief illness. Kerkorian, who turned 98 on June 6, was the largest shareholder in MGM Resorts International, which he founded in the early 1990s. ... (read more)
G2E producers to integrate the 'integrated resort' into trade show16 June 2015
Producers of the Global Gaming Expo will build an integrated resort as part of this fall’s casino industry trade show. Sort of. As more worldwide gaming jurisdictions explore the idea of the integrated resort concept, the American Gaming Association decided to show G2E attendees the nongaming elements that are part of the modern hotel-casino besides gaming equipment. ... (read more)
Boyd Gaming optimistic about Las Vegas locals market15 June 2015
In April, Boyd Gaming Corp. CEO Keith Smith said customer spending in Southern Nevada was on an upswing, which bodes well for the company’s three Coast Casinos properties and Sam’s Town Hotel & Gambling Halls. “There is still considerable room for improvement with the consumer and we need to see more durability,” Smith said during Boyd’s first quarter earnings conference call. ... (read more)
Inside Gaming: Aristocrat No. 3 in slot industry, but CEO striving to move up15 June 2015
Australia-based Aristocrat Leisure Ltd. wasn’t left behind by the tsunami that engulfed the slot machine industry over the past 20 months. You just might not have noticed. Aristocrat, which operates its Las Vegas-based U.S. division as Aristocrat Technologies, spent $1.3 billion to buy Video Gaming ... (read more)
MGM CEO: 'Not my expectation' to build another casino-resort in Las Vegas15 June 2015
It might seem like an odd statement coming from Jim Murren, chairman and CEO of the Strip’s largest casino company. For now, MGM Resorts International — which operates Bellagio, MGM Grand Las Vegas, Mandalay Bay Resort & Casino, The Mirage, CityCenter and others — is done building hotel-casinos on the Strip. ... (read more)
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