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Howard Stutz Gaming Guru - Page 323Sands Profits Now, Plans for Future5 May 2006
LAS VEGAS -- The future of Las Vegas Sands Corp. is coming out of the ground on the corner of the Strip and halfway around the world on a parcel of reclaimed land in southern China.
But the owner of The Venetian said Thursday the company is not ignoring today.
In reporting its first-quarter ... (read more)
Ameristar Ends Chase of Aztar4 May 2006
LAS VEGAS -- While one combatant dropped out of the bidding war for Aztar Corp., another suitor may have turned its attention toward a different prize.
Ameristar Casinos officially ended its quest to buy the Tropicana's parent corporation Wednesday, leaving at least three companies still seeking to ... (read more)
Handheld Gambling Device Receives Nevada Approval4 May 2006
LAS VEGAS -- Nevada gaming regulators said Wednesday it was appropriate that Cantor G&W receive preliminary approval as the state's first licensee to manufacture and distribute hand-held gambling devices.
Cantor G&W, an affiliate of New York-based financial services firm Cantor Fitzgerald, spent two years pushing hand-held gaming legislation through the Nevada Legislature. ... (read more)
Pinnacle Wows Street, Finds Aztar Bid Topped3 May 2006
LAS VEGAS, NEVADA -- Regional casino operator Pinnacle Entertainment impressed Wall Street on Tuesday with double-digit financial results in the first quarter of 2006.
But the Las Vegas-based company's real prize may be slipping away.
Before its quarterly earnings announcement, Pinnacle found out that its quest to buy Tropicana parent Aztar Corp. ... (read more)
Strip Tourists, Casino Officials Have a Mostly Quiet Day2 May 2006
LAS VEGAS, Nevada -- Imrich Kusnir, an immigrant from Czechoslovakia, didn't see what all the hubbub was all about.
Kusnir, now a resident of Nashville, Tenn., and three friends came out of The Mirage on Monday morning, unaware that some immigrant Strip casino workers stayed home to take part in the ... (read more)
IGT Sues Rival Slot Builder2 May 2006
RENO and LAS VEGAS, Nevada -- For the fourth time since 2004, slot machine giant International Game Technology has sued rival equipment maker Bally Technologies accusing patent infringement.
In a lawsuit filed Monday in U.S. District Court, Reno-based IGT said Las Vegas-based Bally Technologies' "Bally ... (read more)
Deals on the Strip: Bidding for Aztar Heads Higher1 May 2006
LAS VEGAS, Nevada -- Pinnacle Entertainment's last-ditch effort Friday to acquire the Tropicana and its parent company paid off, but only for a few minutes.
Aztar Corp. announced late Friday that it agreed to amend its merger agreement with Las Vegas-based Pinnacle, increasing the proposed purchase price ... (read more)
Nevadan At Work: Hear Him, Read Him, See Him: Hilton Executive Loves to Talk About Las Vegas1 May 2006
LAS VEGAS, Nevada -- Ira David Sternberg says he has revived the old Las Vegas radio talk show format of the Strip's heyday and enhanced it with 21st century technology.
Sternberg, the Las Vegas Hilton's vice president of communications and community relations, hosts "Lunchtime With Ira," a weekly ... (read more)
Workers Unsure About Protest28 April 2006
and Jennifer Robison
LAS VEGAS -- A day after local labor leaders and casino executives said workers could do more for immigration reform by going to work, rumors were circulating that any workers staying away would be fired.
Whether gaming and hospitality employees will stay away from their jobs to ... (read more)
Harrah's Focuses on Expansion28 April 2006
LAS VEGAS -- Las Vegas-based Harrah's Entertainment said Thursday that with hotel-casinos that were once part of Caesars Entertainment now under its corporate banner, the company can turn its attention toward expanding its presence as a casino industry giant.
Driven largely by contributions from the ... (read more)
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