 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Howard Stutz Archives
More Strategy Experts
|
Howard Stutz Gaming Guru - Page 298Kansas governor approves gambling13 April 2007
LAS VEGAS, Nevada -- Kansas' governor signed into law legislation to allow up to four state-owned casinos and three racetrack slot machine parlors. But don't expect the casino industry's major operators to make an immediate beeline for the Sunflower state.
Local referendums in the cities and counties where the casinos will operate are still required. ... (read more)
Survey: Casinos behind upturn12 April 2007
LAS VEGAS, Nevada -- Legalized gambling has returned as one of the few industries driving the economic recovery from disastrous hurricanes in Mississippi and Louisiana, a survey commissioned by the American Gaming Association found.
The survey, released Wednesday as part of the American Gaming ... (read more)
Back to a family fold in Primm11 April 2007
In a way, the three casinos in Primm have returned to their roots.
Herbst Gaming completed its $400 million acquisition Tuesday of Whiskey Pete's, Primm Valley hotel and Buffalo Bill's at the Nevada-California border from MGM Mirage, a deal originally announced in November. The ownership transfer took ... (read more)
Baccarat bails out Las Vegas11 April 2007
LAS VEGAS, Nevada -- February's hosting of the NBA All-Star Game brought to the Strip marquee athletes and big-name celebrities, as well as large crowds of visitors and volumes of national and international attention -- both good and bad.
What the festivities didn't bring was gamblers.
Nevada's gaming ... (read more)
Trump pitch goes prime time10 April 2007
LAS VEGAS, Nevada -- As sales were rapidly closing on the 1,282 units in the $500 million Trump International Hotel & Tower last summer, Jack Christie began thinking about the project's second phase.
Christie, vice president of sales and marketing for Trump International, was exploring ideas and a ... (read more)
Checking the books brings intrigue for casino auditor10 April 2007
LAS VEGAS, Nevada -- Armed with an accounting degree from Arizona State University, Gregg Gale wanted more than just a job as a numbers cruncher.
He found that intrigue and some glamour when he joined the Gaming Control Board as an auditor in 1979.
Two days into the job, Gale was checking over the casino books at Caesars Palace. ... (read more)
Ameristar's purchase scrutinized10 April 2007
LAS VEGAS, Nevada -- A $675 million deal by Ameristar Casinos to purchase a riverboat casino about 25 miles from downtown Chicago matched the prediction made last winter by new Chief Executive Officer John Boushy.
Some gaming analysts, however, are wondering if Ameristar is paying too much for the ... (read more)
MARKETPLACE: Bally, rhymes with rally2 April 2007
LAS VEGAS, Nevada – Poor earnings, decreased slot machine sales and a plunging stock price made Bally Technologies the gaming equipment sector's version of Rodney Dangerfield for the past three years.
No matter what it tried, the Las Vegas-based slot machine manufacturer got "no respect" from Wall ... (read more)
MARKETPLACE: Big plunges and small gains2 April 2007
LAS VEGAS, Nevada – For the second straight month, the stock performances of two gaming operators threw a blanket over the sector.
During March, Wynn Resorts Ltd. and Las Vegas Sands Corp. had the highest decreases in their average daily stock prices of any of the nine companies tracked by Las ... (read more)
Manufacturers keeping eyes fixed on Kansas30 March 2007
LAS VEGAS, Nevada -- Kansas is emerging as the next gaming battleground.
Both houses of the state's Legislature this week approved a bill authorizing the Kansas to license four stand-alone casinos and three slot machine-only casinos at racetracks. Gov. Kathleen Sebelius has suggested she would sign the measure into law. ... (read more)
< Previous 10 Articles | Next 10 Articles > |