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Howard Stutz Gaming Guru - Page 320Proliferation Of Poker: Really Big Deal27 June 2006
LAS VEGAS, Nevada -- Soon after Joseph Hachem capped the 2005 World Series of Poker last summer by winning a nearly 14-hour marathon at the final table, officials from Harrah's Entertainment began looking at ways to capitalize on the event's popularity.
With other national poker tournaments seeking ... (read more)
2006 Event Should Top Last Year's Poker Series26 June 2006
LAS VEGAS, Nevada -- The 2005 World Series of Poker was the event's most successful run in its history -- almost 30,000 players participated in 45 events, competing for a record prize pool of more than $103 million.
In the $10,000 buy-in World Championship No-limit Texas Hold'em event, a record 5,619 ... (read more)
Tribal Gaming Revenue Soars21 June 2006
CALIFORNIA -- American Indian casinos enjoyed a 15.6 percent increase in gaming revenue nationally during 2005, fueled by the ever-booming gambling market in California, according to a report authored by a Los Angeles-based economist that will be released today.
Indian gaming facilities generated almost ... (read more)
Voters Signal Support for Casino Plan13 June 2006
CALIFORNIA -- Tribal casinos in Barstow, Calif., have taken another step toward gaining a footing about 120 miles west of the Nevada border.
Voters in the high desert community last week rejected a referendum that would have stopped two Indian tribes from building side-by-side casinos in Barstow, near the ... (read more)
Gaming Revenue: Casinos Have Best-Ever April12 June 2006
NEVADA -- For the first time in 2006 Nevada casinos didn't win more than $1 billion from gamblers in a given month.
But don't think for one minute that casinos suffered during April.
Nevada gaming regulators said Friday the state's gambling halls had their largest gaming win ever for the month of April, collecting $989.8 million from customers. ... (read more)
Shuffle Master Posts Quarterly Loss9 June 2006
LAS VEGAS -- Costs associated with the purchase of an Australian slot maker in February affected second-quarter earnings of gambling equipment supplier Shuffle Master.
The company Thursday announced a loss per share of 37 cents for the quarter ended April 30, despite a 60 percent jump in overall ... (read more)
Lady Luck Gets $66 Million Loan9 June 2006
LAS VEGAS -- A California investment firm has loaned the owners of the shuttered Lady Luck $66 million to be used in renovating the downtown hotel-casino.
The financing package is the first tangible development on the Lady Luck since the newly named Downtown Resorts LLC, formerly known as Henry Brent Co., closed the 700-room hotel-casino Feb. ... (read more)
Gaming in Nevada: New North Strip Hotel Planned6 June 2006
LAS VEGAS, Nevada -- The north end of the Strip has picked up another potential tenant.
Maxim magazine and Southern California-based real estate developer Concord Wilshire Partners announced plans Monday for an estimated $1.2 billion hotel-casino themed on the best-selling men's lifestyle ... (read more)
Aristocrat President to Leave6 June 2006
AUSTRALIA -- Aristocrat Technologies President Gavin Isaacs, who is credited with helping turn around the American fortunes of the Australian-based slot machine company, resigned over the weekend.
In a statement released from company headquarters in Sidney, Australia, Isaacs said he will remain at the company's American headquarters in Las Vegas until Aug. ... (read more)
Nevadan At Work: Despite Many Changes, Bally's Long-Time Exec Stayed5 June 2006
In the last 20 years, Bally's Las Vegas has had one name change, almost a half-dozen corporate overlords, a dozen property presidents and countless internal and external renovations and enhancements.
Rick Zeller, however, has remained a constant.
In 1986, when he was age 33, Zeller was asked ... (read more)
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