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Howard Stutz Gaming Guru - Page 305Nevada casinos post second-biggest win12 January 2007
NEVADA – In November, Nevada's casino operators truly gave thanks.
Buoyed by robust table game play on the Strip and a skyrocketing locals market in Las Vegas, Nevada casinos won more than $1.4 billion in November, according to a report released Thursday by the Gaming Control Board. Statewide, the ... (read more)
Sayre to get spot on Nevada control board12 January 2007
and Sean Whaley
LAS VEGAS, Nevada -- After nearly a week of uncertainty, the Gaming Control Board finally got its third member Thursday.
Randy Sayre, who was named to the panel by Gov. Jim Gibbons on Jan. 4, will get the seat after Keith Munro, who was appointed to the position by former Gov. ... (read more)
Golden Gaming gets ready to Rock11 January 2007
LAS VEGAS -- Golden Gaming took its initial steps Wednesday to increase its presence in the Las Vegas casino market, winning preliminary approval from Nevada gaming regulators to operate the Hard Rock Hotel's casino once the property is sold to the Morgans Hotel Group.
Las Vegas-based Golden ... (read more)
Nevada panel of two gets to work11 January 2007
NEVADA -- While just two members of the Gaming Control Board conducted the panel's monthly meeting Wednesday, the controversy as to which one of two appointees rightfully held the third seat was moving toward a resolution.
Control Board Chairman Dennis Neilander and board member Mark Clayton handled Wednesday's agenda items while the third position sat vacant. ... (read more)
MGM Mirage compliance heads in new direction11 January 2007
LAS VEGAS, Nevada -- When the seemingly routine suitability hearing by the Gaming Control Board on Wednesday for an MGM Mirage director attracted 12 company representatives, including Chairman and Chief Executive Officer Terry Lanni, it was clear that something was brewing.
MGM Mirage used the meeting ... (read more)
News sends Sands surging11 January 2007
LAS VEGAS, Nevada -- Shares of Las Vegas Sands Corp. reached an all-time high Wednesday, climbing 11 percent after a gaming analyst said the company won approval from the Chinese government to develop a nongaming resort complex on Hengqin Island near its expanding casino operations in Macau.
The ... (read more)
Dispute won't disrupt meeting8 January 2007
LAS VEGAS, Nevada -- A day after Gov. Jim Gibbons substituted his predecessor's choice for a seat on the Gaming Control Board with a selection of his own, the chairman of the regulatory panel said Friday he was making plans for neither appointee to participate in next week's monthly meeting.
Gaming ... (read more)
Casino Stocks: Pinnacle plans offering of 10 million shares8 January 2007
LAS VEGAS, Nevada -- Las Vegas-based Pinnacle Entertainment said Friday it wants to help finance several of its casino development projects through a stock offering of 10 million shares. The company registered with U.S. Securities and Exchange Commission to sell the shares.
Pinnacle expects to have 58.2 ... (read more)
Kerkorian stock buy falls short8 January 2007
LAS VEGAS, Nevada -- A move by billionaire investor Kirk Kerkorian to significantly increase his majority ownership in MGM Mirage fell short of its goal Friday.
Through Tracinda Corp., the 88-year-old Kerkorian's wholly owned investment vehicle, the Los Angeles-based investor said he had acquired just less than 445,000 shares of MGM Mirage stock for $55 per share. ... (read more)
Chrysler's ex-boss in casino bid8 January 2007
LAS VEGAS, Nevada -- A small casino company with former auto industry icon Lee Iacocca as one of its primary investors will take its first steps toward obtaining a Nevada gaming license next week.
Full House Resorts, which is headquartered in Las Vegas, is asking Nevada gaming regulators to approve its ... (read more)
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