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Howard Stutz Gaming Guru - Page 304Casino industry: Rise of the machines29 January 2007
After a half decade-long slumber, the prospects for gaming equipment manufacturers appear to be awakening.
Emerging U.S. and international gaming markets, casino growth in existing jurisdictions and a rollout of the much-anticipated server-based slot machines give Wall Street analysts reasons to once ... (read more)
New benefit: Citizenship29 January 2007
LAS VEGAS, Nevada -- Teresa Cabrera and Antonio Valle have been legal residents of the United States for almost two decades since immigrating from Mexico. Full citizenship, however, always seemed to elude them.
Whether it was the cost of filing the application or the challenge of the citizenship exam, the ... (read more)
Iacocca group Fallon bound26 January 2007
LAS VEGAS, Nevada -- In time, Northern Nevada residents could see the face of auto industry icon Lee Iacocca on billboards telling them if they can find a better casino than Stockman's in Fallon, they should buy it.
Full House Resorts, a small casino company in which Iacocca is one of the primary ... (read more)
Group dislikes Station buyout bid26 January 2007
LAS VEGAS -- A Washington, D.C.-based investment group affiliated with organized labor said Thursday it believes the management-led proposed buyout of Station Casinos undervalues the company and should be rejected by its board of directors.
CtW Investment Group, which is affiliated with a federation ... (read more)
Gambling beyond Nevada: Macau's gaming win swells24 January 2007
MACAU -- Asian gaming analysts said Tuesday Macau's gambling win of $6.95 billion during 2006 means the Chinese enclave as surpassed the Strip as the world's largest gaming market.
But Las Vegas casino operators with an expanding presence in Macau don't believe the community's gaming revenue has exceeded the Strip's -- yet. ... (read more)
Preparations under way for Stardust implosion22 January 2007
LAS VEGAS, Nevada -- If it isn't steel or concrete, it's being removed from the shuttered Stardust hotel tower.
In preparation for the planned mid-March implosion of the 32-story building, construction crews have been busy the past few months removing everything from inside the tower that wasn't ... (read more)
Nevadan at work: From Strip to Singapore, real estate exec helps buyers find places on map22 January 2007
SINGAPORE AND LAS VEGAS, Nevada -- The Singapore government last year asked CB Richard Ellis Executive Vice President John Knott and his Las Vegas-based Global Gaming Group team to affix values to the two land parcels the city-state proposed as resort and casino destinations.
The process wasn't as simple ... (read more)
New markets bolster IGT19 January 2007
LAS VEGAS, Nevada -- Gaming analysts have predicted that 2007 will be a turnaround year for slot machine makers as lucrative new casino markets open for business.
Reno-based International Game Technology, in announcing its first-quarter earnings Thursday, gave hints that mirrored those ... (read more)
Bernhard remains chairman of panel16 January 2007
The reappointment of Las Vegas attorney Pete Bernhard as chairman of the Nevada Gaming Commission didn't carry all the political intrigue as the weeklong drama surrounding the recently open position on the Gaming Control Board.
Bernhard, who has headed the five-member panel since October 2001, found out he was receiving another four-year term late Friday afternoon in a phone call with Gov. ... (read more)
Sayre unfazed by delayed appointment15 January 2007
NEVADA -- New Gaming Control Board member Randy Sayre had to wait a week to officially claim his seat on the three-member regulatory panel.
But the process in which two governors made separate appointments for the same position that pays $125,112 per year didn't discourage him. Even as political pundits and gaming observers openly debated the matter, Sayre was resolute. ... (read more)
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