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Howard Stutz Gaming Guru - Page 279

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Room tax debate: Groups contest ballot initiatives

25 March 2008
LAS VEGAS, Nevada -- The Las Vegas Convention and Visitors Authority and every municipality in Clark County filed a lawsuit late Thursday to disqualify two potential November ballot initiatives that would divert room tax dollars away from tourism support and into either public education or public ... (read more)
 

Monte Carlo puts fire in rearview

25 March 2008
LAS VEGAS, Nevada -- Two three-ring binders in the office of Monte Carlo President Anton Nikodemus are his most telling reminder of the rooftop fire two months ago that shut down the Strip casino for three weeks and continues to sideline roughly 16 percent of the hotel's 3,000-room ... (read more)
 

Inside gaming: After guiding success in Macau, exec moved up

25 March 2008
LAS VEGAS, Nevada -- Wynn Resorts Ltd.'s new chief financial officer was a big supporter of Macau long before the financial markets knew it even existed. Matt Maddox, 32, has held finance and investor relations positions with Wynn Resorts since its startup in 2002. Last week, he was named the casino ... (read more)
 

Room tax initiative backers dismiss resistance

25 March 2008
LAS VEGAS, Nevada -- Proponents of two ballot initiatives that ask voters to reallocate hotel room tax dollars away from the Las Vegas Convention and Visitors Authority might not be finding much support. The convention authority and every municipality in Clark County filed a lawsuit late Thursday to stop the ballot questions. ... (read more)
 

Wynn loses company president

19 March 2008
LAS VEGAS, Nevada -- Wynn Resorts President Ron Kramer, who helped take Steve Wynn's startup casino company public in 2002, will leave the gaming operator March 31 to become CEO of a New York-based building-products maker. No replacement for Kramer, 49, was named. However, a source at Wynn Resorts said Monday the company is expected to name Matt Maddox chief financial officer today. ... (read more)
 

Shuffle Master posts first-quarter loss

19 March 2008
LAS VEGAS, Nevada -- Gaming equipment provider Shuffle Master said Monday it suffered a net loss in the recently completed first quarter primarily because of increased expenses and infrastructure costs. Las Vegas-based Shuffle Master said its net loss was $1.8 million, 5 cents per share, for the three-month period ended Jan. ... (read more)
 

Two nongaming attractions now at Tropicana will be displayed at Luxor

19 March 2008
LAS VEGAS, Nevada -- Luxor is picking up two nongaming attractions from the Tropicana. Atlanta-based Premier Exhibitions announced Tuesday it signed a 10-year agreement with the Luxor to covert 50,000 square feet of the resort's atrium level into exhibition space for "Bodies ... The Exhibition" and "Titanic: The Artifact Exhibition." Both shows are now on display at the Tropicana. ... (read more)
 

Herbst COO named company president

17 March 2008
LAS VEGAS, Nevada -- Herbst Gaming said Thursday that Ferenc Szony has been named the gaming company's new president in addition to his current role as COO. Herbst Chairman Ed Herbst, who had been the company's president, will continue to be chairman and CEO. Szony joined Herbst Gaming in January 2007 ... (read more)
 

Nevadan at work: Exec travels globe, helps companies widen their worlds

17 March 2008
LAS VEGAS, Nevada -- This profile should be renamed "Nevadan at Work Who Doesn't Work in Nevada." Jonathan Galaviz isn't spending much time in Las Vegas. He estimates his work-related travels have taken him some 300,000 miles by air -- roughly 12 times around the world. Galaviz is a partner in ... (read more)
 

Nevada Gaming Commission: Doctor tapped for gaming post

14 March 2008
LAS VEGAS, Nevada -- A Las Vegas physician whose father was a longtime casino executive was chosen Wednesday to replace a former state legislator on the Nevada Gaming Commission. Gov. Jim Gibbons appointed Dr. Tony Alamo Jr. to a four-year term on the regulatory and policymaking panel. He replaces former state Sen. ... (read more)

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