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Howard Stutz Gaming Guru - Page 302Despite speculation, analyst can't see Bally-Aristocrat deal26 February 2007
LAS VEGAS, Nevada -- Speculation that slot maker Bally Technologies might be acquired by Australian rival Aristocrat Technologies has sent the Las Vegas-based company's stock soaring in recent days. But one gaming analyst said Friday that even though there would be some synergies from a deal, he doesn't see ... (read more)
Gambling industry: Three-ring circus of a weekend21 February 2007
LAS VEGAS, Nevada -- Last weekend's triple whammy on the Strip -- the National Basketball Association's All-Star Game, Chinese New Year and Presidents Day Weekend -- brought large crowds but may not have translated into the overflowing casino cash boxes that operators had expected.
Several gaming ... (read more)
Boyd profits exceed forecast21 February 2007
LAS VEGAS, Nevada -- Gaming analysts didn't have high expectations going into Boyd Gaming Corp.'s fourth-quarter earnings announcement Tuesday. Most thought business at the company's casinos catering toward Las Vegas locals had been hurt by new competition.
But with a little help from a $36 million ... (read more)
Home court advantage19 February 2007
LAS VEGAS, Nevada -- George Maloof expects large crowds of basketball fans to pack the Palms this weekend in conjunction with the NBA All-Star Game festivities. So much so that Maloof had staff temporarily remove about 60 slot machines from the casino's lobby to give fans more room to ... (read more)
Report critical of rules, agency19 February 2007
NEVADA -- A new report that suggests Gov. Jim Gibbons radically change how gaming regulators and the convention authority operate may not get much support -- even from the people who prepared it.
Last week, Gibbons' transition team working group that explored gaming and tourism issues suggested some of ... (read more)
Nevadan at work: Arizona Charlie's executive aims to boost client count with warm welcomes19 February 2007
LAS VEGAS, Nevada -- Ron Lurie went from being the mayor of Las Vegas to the mayor of Arizona Charlie's.
After 14 years on the Las Vegas City Council and a four-year term as mayor, Lurie exited politics for the gaming industry. He had worked in slot machine sales while serving in the part-time ... (read more)
The Strip: Help wanted, a lot of it19 February 2007
LAS VEGAS, Nevada -- Casino operators believe they will have no problem filling hotel rooms with guests and packing casinos with free-spending gamblers during the current building boom, which is expected to bring at least four new resorts to the Strip and an estimated 45,000 more hotel rooms to the Las Vegas ... (read more)
MGM Mirage's profits surge15 February 2007
LAS VEGAS, Nevada -- MGM Mirage said Wednesday that condo sales, revenues generated by some of its 10 Strip resorts and a full quarter of results from its reopened casino in Biloxi, Miss., gave it solid earnings for both the fourth quarter and all of 2006.
The company said earnings per share in the ... (read more)
Gambling beyond Nevada: Company expanding in Macau14 February 2007
LAS VEGAS, Nevada -- MGM Mirage, which is still awaiting regulatory approval of its Chinese business partner, announced Tuesday it was proceeding with plans for a second casino in Macau under its joint venture agreement.
The Las Vegas-based casino operator said discussions with Macau government officials ... (read more)
Nevada economy: Casinos post record win12 February 2007
NEVADA -- Nevada casinos roared to an all-time record gaming win of $12.6 billion in 2006, fueled by free-spending gamblers frequenting the Strip's glitzy gambling halls.
The revenues, reported Friday by the Gaming Control Board, marked an overall increase of 8.3 percent compared with the $11.6 billion won by casinos in 2005.
... (read more)
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