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Howard Stutz Gaming Guru - Page 317Gaming in the Gulf: Las Vegas Companies Stir Casino Revenue Rise16 August 2006
LAS VEGAS, Nevada -- Two Las Vegas-based gaming companies continue to spur a revival of Louisiana's casino market as the one-year anniversary of the devastation caused by Hurricane Katrina approaches.
Louisiana casinos reported statewide gaming revenue of $226.5 million in July, a 4.1 percent increase ... (read more)
Bally Technologies to Restate Earnings15 August 2006
LAS VEGAS, Nevada -- Las Vegas-based slot maker Bally Technologies announced Monday it has completed a lengthy review of its financial reporting from the past few years and will have to restate its fiscal earnings for 2003 through 2005.
The 16-month-process, in which Bally needed to adjust revenue and ... (read more)
Luck, Aggressiveness Turn World Series of Poker to Gold14 August 2006
LAS VEGAS, Nevada -- To the several thousand poker fans and observers who packed the Rio's convention area Thursday night and early Friday morning, Jamie Gold's World Series of Poker championship was a foregone conclusion.
Of the 236 hands played during almost 12 hours of poker, Gold, a 36-year-old ... (read more)
Nevada At Work: Up and Down the Strip, Architect Sees Reminders of His Work on Projects Past14 August 2006
Joel Bergman dislikes awards.
He doesn't enter competitions for them. He believes the application process can give away too much inside information about his company, one of the gaming industry's leading architectural design firms.
So when the Global Gaming Expo Institute awarded Bergman the 2006 Sarno ... (read more)
World Series of Poker: Players, Fans Eye Long Day10 August 2006
LAS VEGAS, Nevada -- Poker professional Mike Matusow has some advice for the nine players at today's final table of the World Series of Poker, as well as for the hundreds of fans making the trek over to the Rio to watch the action: Go heavy on the Red Bull and pop a few NoDoz pills, because you're in ... (read more)
Key Proxy Vote on Tap9 August 2006
Most stockholder proxy votes are relatively routine.
Tuesday's Riviera Holdings Corp. shareholder meeting, however, will be anything but ordinary.
Riviera Holdings, which operates the 51-year-old Riviera and a slot machine casino in Black Hawk, Colo., has asked company shareholders to approve a ... (read more)
World Series Of Poker: Gold Holds Glittering Lead9 August 2006
LAS VEGAS, Nevada -- Expecting a record field for the World Series of Poker championship event, Harrah's Entertainment ordered several thousand specially manufactured green $100,000 tournament poker chips for use in the $10,000 no-limit Texas hold 'em tournament.
As Tuesday's session drew to a close at ... (read more)
Gaming Companies: New Bid Puts Riviera Vote on Hold9 August 2006
LAS VEGAS, Nevada -- An unsolicited 11th-hour bid from a competing investment group scuttled Tuesday's planned buyout vote by Riviera Holdings Corp. shareholders, placing a $426.5 million offer for the two-casino company on hold at least until the end of the month.
Riviera management said it needs ... (read more)
Riviera Stock Purchases Expected to Proceed4 August 2006
LAS VEGAS -- An affiliate of the investment group seeking to buy the Riviera's parent company was expected to complete its purchase of the stock owned by Riviera Chairman Bill Westerman today.
Once the deal is completed, Riv Acquisition Holdings and its affiliates will control more than 2.1 million ... (read more)
Macau Boosts LV Sands3 August 2006
LAS VEGAS -- Results at The Venetian hit a road bump during the spring, but Las Vegas Sands Corp. had China to fall back on.
Booming revenue at the company's casino in Macau helped rescue the second-quarter earnings for Las Vegas Sands Corp.
"One quarter or one month does not concern us," Las ... (read more)
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