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Howard Stutz Gaming Guru - Page 289Gambling technology: Casting an i to the future20 August 2007
Bally Technologies CEO Richard Haddrill isn't waiting around for the much-anticipated slot machine replacement cycle to kick in or the expected influx of server-based games to invade casino floors.
His company, a Las Vegas-based gaming equipment provider, is instead using its systems division as a step ... (read more)
LV Sands executive touts Venetian Macau17 August 2007
LAS VEGAS, Nevada -- The opening of the $2.4 billion Venetian Macau this month will encapsulate a 10-year period in the history of the Strip in one swoop, Las Vegas Sands Corp. President Bill Weidner said Thursday.
The 3,000-room hotel-casino opens Aug. 28, bringing to the booming Chinese casino ... (read more)
Herbst revenue jump goes up in smoke16 August 2007
LAS VEGAS, Nevada -- Herbst Gaming boosted its revenue during the second quarter, thanks largely to the addition of three casinos in Primm.
However, tough anti-smoking laws covering grocery stores, convenience stores, restaurants and taverns continued to hurt revenue from the company's slot machine ... (read more)
Nevadan at work: Author tells readers what to do when they 'do lunch' on business13 August 2007
An interview with Robin Jay took place, naturally, over lunch.
Knowledge of how to conduct business during the noontime meal launched Jay on her second career as a writer and motivational speaker.
Jay gave up a successful 18-year run as a radio and magazine advertising executive in November 2003 to ... (read more)
Casino revenue: Casinos not raking it in as readily13 August 2007
NEVADA -- If the first half of the year is any indication, the revenue growth by Nevada's major casinos in 2007 won't match the increase in gaming win recorded in previous years.
Nevada casinos won $6.385 billion from gamblers through June, 2.1 percent more than they won during the first half of 2006, according to a report released Friday by the Gaming Control Board. ... (read more)
Progressive Gaming profits slump9 August 2007
LAS VEGAS, Nevada -- Progressive Gaming International has experienced a few road bumps while moving from a gambling device provider to a pure casino technology company.
Second-quarter earnings, reported Wednesday, were one of those challenges.
Las Vegas-based Progressive said its net loss for ... (read more)
Pinnacle posts lower profits, but company observers shrug8 August 2007
LAS VEGAS, Nevada -- Pinnacle Entertainment's second-quarter earnings didn't match up with the company's numbers from a year ago, but executives and analysts weren't too concerned Tuesday.
Wall Street was more impressed as the Las Vegas-based casino operator reported increased financial results at its ... (read more)
Profits surge for WMS Industries8 August 2007
CHICAGO -- Chicago-based slot machine maker WMS Industries continued its financial comeback Tuesday, saying its earnings jumped 67 percent in the fourth quarter 47 percent for the fiscal year.
The company said it had a 35 percent year-over-year boost in new slot machine shipments, which fueled an increase ... (read more)
Wynn plans new projects7 August 2007
LAS VEGAS, Nevada -- When Wynn Resorts gets set to redevelop the Wynn Golf Club, the first project to take shape is slated for the corner of Desert Inn Road and Paradise Road.
Company Chairman Steve Wynn said Monday he isn't ready the tear up the 137-acre golf course that commands greens fees of $500 a round. ... (read more)
Wynn Resorts reverses quarterly loss7 August 2007
LAS VEGAS, Nevada -- A year ago, executives from Wynn Resorts Ltd. tried to justify a net loss in quarterly earnings, saying the negative number was due to preopening expenses at the company's under-construction casino in Macau and challenges in Las Vegas.
No such explanations were needed ... (read more)
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