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Howard Stutz Gaming Guru - Page 300Vote buoys union officials20 March 2007
LAS VEGAS, Nevada -- A weekend vote by dealers at an Atlantic City casino supporting union representation encouraged officials hoping to organize dealers at Wynn Las Vegas.
Union representatives have been circulating a card-signing campaign at the Strip resort since the end of January hoping to ... (read more)
After restatement, Bally year-to-year loss surges16 March 2007
LAS VEGAS, Nevada -- Bally Technologies said Thursday it completed a 20-month review of the company's financial reporting for past few years and hoped to return to a normal schedule of releasing earnings.
The Las Vegas-based slot maker said its net loss for fiscal year 2006 more than doubled over 2005. ... (read more)
Union, MGM Mirage open talks15 March 2007
LAS VEGAS, Nevada -- Five weeks after Culinary Workers Local 226 called for early negotiations with hotel owners to discuss the expiring collective bargaining agreements covering Strip and downtown workers, the first face-to-face session took place Wednesday.
The contracts with 50,000 hotel and ... (read more)
A deluge of dust14 March 2007
LAS VEGAS, Nevada -- When Sherie and James Johnson heard the Stardust was scheduled for demolition, the Salt Lake City couple knew they had be in Las Vegas to bid farewell to an old friend.
Fourteen years ago, the couple honeymooned at the Stardust. Off and on for about seven years on their ... (read more)
Another blow for Shuffle Master14 March 2007
Two weeks after telling Wall Street its quarterly results would be below expectations, Shuffle Master Gaming hit investors with a second piece of bad news -- the company's 2006 earnings need to be restated because of an error.
Because of an accounting error that led to a $1.2 million overstatement of net ... (read more)
Las Vegas companies linked in $700 million deal13 March 2007
LAS VEGAS, Nevada -- One of the time share industry's largest acquisitions was unveiled Monday and involves two Southern Nevada companies.
Las Vegas-based Diamond Resorts announced it would purchase Sunterra Corp., which is headquartered in North Las Vegas, in a transaction valued at $700 million. ... (read more)
Heading on with Echelon13 March 2007
LAS VEGAS, Nevada -- Robert Boughner knows comparisons will be made between Boyd Gaming Corp.'s planned $4.4 billion Echelon Place development and the $7 billion Project CityCenter that MGM Mirage is constructing a few miles south on the Strip.
He only hopes the reviews are ... (read more)
The Strip: Growing north12 March 2007
LAS VEGAS, Nevada -- Almost two weeks after the Sahara was seemingly given a new lease on life, demolition crews are preparing to blast away the last remnant of the Stardust.
The separate events have gaming analysts and real estate speculators trumpeting current and potential redevelopment ... (read more)
Herbst acquistion approved8 March 2007
LAS VEGAS, Nevada – The growing Herbst Gaming operation received tentative approval Wednesday to acquire its largest assets yet, the three Primm casinos on the Nevada-California border now operated by MGM Mirage.
Herbst representatives told the Gaming Control Board that Whiskey Pete's, Buffalo Bill's ... (read more)
Mergers and acquisitions: Eye on past, hand in future7 March 2007
LAS VEGAS, Nevada -- As one of the Strip's last remaining icons, the Sahara savors its 55 years in operation.
The wall behind the hotel's front desk is adorned with old photos from the casino's heyday, when its star-studded showroom lineup included Johnny Carson, Tina Turner, George Burns, Jack Benny, Dean Martin and Jerry Lewis. ... (read more)
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