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Howard Stutz Gaming Guru - Page 303Problem gambling panel hopes to gain renewal of funding12 February 2007
LAS VEGAS, Nevada -- After allocating almost $2.5 million for programs dealing with the research, prevention and treatment of compulsive gambling in Nevada, a state advisory panel hopes to do it all over again.
The Nevada Department of Health and Human Services is asking the Nevada Legislature to restock ... (read more)
Different times, new contract talks7 February 2007
LAS VEGAS, Nevada -- The corporate landscape has changed dramatically in the five years since representatives of Culinary Workers Local 226 and Las Vegas' hotel-casino industry sat down to reach collective bargaining agreements in 2002.
With contracts covering some 50,000 Strip and downtown hotel and ... (read more)
Las Vegas Sands surges ahead in quarter6 February 2007
LAS VEGAS, Nevada -- Las Vegas Sands Corp. executives and Wall Street continue to view the company as a future earnings giant.
Las Vegas Sands Corp. executives and Wall Street continue to view the company as a future earnings giant.
With approximately $17 billion in planned casino and nongaming ... (read more)
Touch of Asia in palatial Palazzo5 February 2007
LAS VEGAS, Nevada -- The $1.8 billion Palazzo has not been the average Strip construction project.
When the 3,025-room hotel-casino is completed -- executives from Las Vegas Sands Corp. have set a target date for the end of this year -- the development will include design aspects learned while ... (read more)
New Ameristar executives say company not for sale2 February 2007
LAS VEGAS, Nevada -- Executives from Las Vegas-based Ameristar Casinos wanted to make it perfectly clear to gaming analysts and investors Thursday that the company isn't on the auction block.
In fact, Ameristar has loftier goals.
Ameristar, which operates seven casinos in five states, reported ... (read more)
Macau partnership subject of hearing2 February 2007
LAS VEGAS, Nevada -- Nevada gaming regulators have tentatively set Feb. 27 for a public hearing in Las Vegas to determine the suitability of MGM Mirage's partnership in an under-construction $1 billion hotel-casino in Macau.
Last year, MGM Mirage asked regulators to approve its 50-50 joint venture ... (read more)
Gambling stocks start '07 with January jolt1 February 2007
LAS VEGAS -- January was a good month to own stocks in the gaming industry's major companies.
Expectations of profits internationally, primarily in the Chinese gaming enclave of Macau, and investor speculation that additional gaming operators would turn to private equity financing sent the ... (read more)
Manchester picked to get Britain's first LV-style casino31 January 2007
MANCHESTER, England -- American gaming analysts were surprised Tuesday that Britain's first Las Vegas-style casino will be built in the city of Manchester, beating out London and the seaside community of Blackpool.
The independent Casino Advisory Panel recommended Manchester, located 195 miles northwest ... (read more)
Stepping up to the bettor's box31 January 2007
NEVADA -- Leroy's, which began its sports and racing wagering life as a small and smoky stand-alone downtown betting parlor, has gone high-tech.
Leroy's, which is now a sports book operator with more than 60 locations in casinos stretching throughout all geographic regions of Nevada, has been rolling out ... (read more)
Harrah's Entertainment cuts 200 jobs in corporate office29 January 2007
LAS VEGAS, Nevada -- Harrah's Entertainment eliminated some 200 jobs in its Las Vegas corporate office Friday, saying the layoffs have nothing to do with the planned $27.8 billion leveraged buyout of the casino operating giant by two private equity groups.
The company notified employees in a memo early ... (read more)
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