 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Howard Stutz Archives
More Strategy Experts
|
Howard Stutz Gaming Guru - Page 280Gaming exec: Taiwan an untapped frontier11 March 2008
TAIWAN -- Taiwan's presidential campaign has revived discussion about legalizing casinos on the island, which is good news for Larry Woolf and his Las Vegas-based Navegante casino management team.
Woolf, a longtime Las Vegas gaming executive, spent the past three years piecing together a 27-acre ... (read more)
January report: State gaming win dips10 March 2008
NEVADA -- Wall Street was looking for a clear indication Friday into whether Nevada's casino industry is facing an economic slowdown in 2008. That picture is still a little cloudy.
Statewide, gaming revenues in January fell almost 5 percent in a year-over-year comparison. Casinos won $1.064 billion from gamblers in January, 4.75 percent below the $1.117 billion won in January 2007. ... (read more)
Jerry's Nugget exec moves closer to regaining license6 March 2008
LAS VEGAS, Nevada -- More than three decades after he lost his gaming license for taking part in a scam to cheat Caesars Palace, Jerry's Nugget Assistant General Manager Angelo Stamis on Wednesday moved one step closer to restoring his place in the casino industry.
The Gaming Control Board ... (read more)
Wall Street sees pluses in Cyberview-IGT deal6 March 2008
LAS VEGAS, Nevada -- A potential $70 million buyout of European rival Cyberview Technology by International Game Technology could give the Reno-based company a further head start over other slot machine makers in the race to bring potentially lucrative server-based gaming technology to casinos, gaming ... (read more)
Gaming sector caught in market skid3 March 2008
LAS VEGAS, Nevada -- Volatility continued to plague gaming industry stocks in February.
Just two of the seven casino operators tracked for an index compiled by Las Vegas financial consulting firm Applied Analysis reported month-over-month increases in their average daily stock prices. Two slot ... (read more)
Nevadan at work: Exec sees diversity as tool3 March 2008
LAS VEGAS, Nevada -- Debra Nelson was overseeing media relations for the University of Alabama System in the early 1990s when auto giant Mercedes-Benz set up a production plant in Tuscaloosa County. The German automaker lured her away from higher education to help the startup operation adjust to its ... (read more)
Herbst Gaming seeks debt fix29 February 2008
LAS VEGAS, Nevada -- Herbst Gaming, which has taken a financial hit in the past year after a statewide smoking ban cost the company customers in its slot machine route operation, has asked Goldman Sachs to assist in evaluating financial and strategic alternatives, including the sale of the ... (read more)
Quarterly loss widens for Pinnacle Entertainment28 February 2008
LAS VEGAS, Nevada -- Pinnacle Entertainment suffered its second straight fourth-quarter earnings loss as development costs for the company's pipeline of casino projects across the country cut into profits.
The Las Vegas-based casino operator said Tuesday it lost $19.2 million, or 32 cents a share, in the quarter ended Dec. ... (read more)
Raises won't deter union28 February 2008
LAS VEGAS, Nevada -- The New York-based union that is hoping to organize dealers at two MGM Mirage resorts said the company's decision to raise the base salaries of its Strip casino dealing staff won't affect the labor group's tactics.
Transport Workers Union of America officials also took credit ... (read more)
Boyd Gaming cautious on '08 outlook28 February 2008
LAS VEGAS, Nevada -- Wall Street analysts on Wednesday tried to push Boyd Gaming Corp. executives into making bold predictions on the prospects for the gaming industry in 2008.
Keith Smith, in his first quarterly earnings conference call with analysts and investors as company CEO, wasn't biting.
... (read more)
< Previous 10 Articles | Next 10 Articles > |