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Howard Stutz Gaming Guru - Page 299Nevada Landing shuts down early30 March 2007
LAS VEGAS, Nevada -- MGM Mirage closed the Nevada Landing in Jean almost a month earlier than it originally planned.
Company spokesman Gordon Absher said Thursday the small casino ceased operations on March 20 because the vast majority of the property's 300 employees had found new jobs with ... (read more)
CFO of Station Casinos retires30 March 2007
LAS VEGAS, Nevada – Glenn Christenson, Station Casinos' longtime chief financial officer, will retire today from the gaming company.
Christenson, 57, said late Thursday that the timing to leave his position after 17 years seemed logical; Station Casinos is in the process of converting from a ... (read more)
Riviera Holdings Corp. rejects latest buyout offer29 March 2007
LAS VEGAS, Nevada -- Riviera Holdings Corp. late Wednesday rejected a $336.4 million buyout offer from a high-profile investment group that is the company's largest shareholder.
The rejection marked the second time in 12 months the consortium has lost out on acquiring the 52-year-old Riviera and its ... (read more)
Investment group launches second run at Riviera27 March 2007
LAS VEGAS, Nevada – For the second time in 12 months, a high-profile private investment group, which includes the founder of Starwood hotels and a Las Vegas real estate developer, is trying to acquire the parent company that owns the Riviera.
Riv Acquisition Holdings, which controls about 20 percent ... (read more)
INSIDE GAMING: Flashier, fresher look for Four Queens26 March 2007
, Benjamin Spillman and Arnold M. Knightly
LAS VEGAS, Nevada – The owner of one of Fremont Street's glitziest facades said a $20 million plan to spiff up the inside of the casino is 'substantially complete.'
The owner of one of Fremont Street's glitziest facades said a $20 million plan to spiff up ... (read more)
Nevada commission finds MGM Mirage venture suitable26 March 2007
LAS VEGAS, Nevada – (PRESS RELEASE) -- Nevada gaming commissioners said they had questions and concerns going into Friday's suitability hearing on the relationship between MGM Mirage and its Chinese business partner in a $1.1 billion casino under construction in Macau.
By the end of the four-hour ... (read more)
Herbst Gaming says casinos will be upgraded23 March 2007
LAS VEGAS, Nevada -- Interstate 15 travelers may soon be greeted by a giant cowboy.
Once Herbst Gaming completes its $400 million acquisition of the three Primm casinos on the Nevada-California border next month from MGM Mirage, the company plans on installing a giant replica of its Terrible Herbst ... (read more)
Former governor expected to join MGM Mirage23 March 2007
and Molly Ball
LAS VEGAS, Nevada -- Former Nevada Gov. Kenny Guinn is expected to join the board of directors of MGM Mirage after a vote at the casino company's annual shareholder meeting in May.
Guinn received preliminary approval from the New Jersey Casino Commission on Wednesday to serve as a board member for the company. ... (read more)
Progressive Gaming says annual report will be tardy21 March 2007
LAS VEGAS, Nevada – (PRESS RELEASE) -- Casino equipment provider Progressive Gaming International Corp., besieged in the past month by a multimillion-dollar lawsuit judgment and a sagging stock price, said it would delay filing its annual report for 2006.
The Las Vegas-based company, which announced ... (read more)
New Frontier owner rebuts web report of sale21 March 2007
LAS VEGAS, Nevada – A report on a Web site claiming the New Frontier is being sold for more than $1.5 billion was rebutted Tuesday by owner Phil Ruffin.
The rumor that El Ad Properties may pay as much as $40 million an acre for the property sent shares of Boyd Gaming Corp. and MGM Mirage higher, ... (read more)
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