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Howard Stutz Gaming Guru - Page 324Casinos Push Petition, Not Protest27 April 2006
LAS VEGAS -- Top executives representing the Strip's major casinos and the gaming industry's largest labor union urged employees to come to work Monday, saying they could do more in the effort for comprehensive immigration reform by staying on their jobs, rather than participating in a national day of ... (read more)
Ameristar Matches Highest Bid for Aztar26 April 2006
LAS VEGAS, Nevada -- Las Vegas-based Ameristar Casinos on Tuesday matched the highest offer to date in the bidding war for takeover target Aztar Corp., saying the Tropicana's parent is worth more than $2.41 billion.
Ameristar, which operates casinos in Jackpot and also in Mississippi, Colorado and ... (read more)
Tribes That Worked to Bring Casinos to California Split Over New Compacts with State26 April 2006
SAN DIEGO, California -- When more than 50 of California's American Indian tribes banded together in 1999 to sign the state's original casino gaming compacts with then-Gov. Gray Davis, it was viewed as a joint effort in order to bring economic prosperity to their struggling memberships.
Politics, however, has a way of dividing.
... (read more)
Deals on the Strip: Bidding War for Aztar Flares Again25 April 2006
Wall Street analysts who follow the casino industry are growing weary of the bidding war for the Tropicana's parent corporation. But they also don't see an end to the hostilities.
The latest skirmish came Monday when Las Vegas-based Pinnacle Entertainment boosted its offer for Aztar Corp. by $2 a share, ... (read more)
Ameristar Raises Bid for Tropicana Parent24 April 2006
Another day, another offer for Aztar Corp.
The bidding war for the Phoenix-based operator of the Tropicana is starting to resemble an eBay auction.
Las Vegas-based Ameristar Casinos increased its bid to buy out Aztar for the second time this week Friday, telling the company it would pay $45 a share for ... (read more)
Calfornia Gaming: Tribes Fly High24 April 2006
SAN DIEGO, California -- Joe Welch Sr. has lived his whole life on the Barona Indian reservation, an 8,000-acre patch of ranch land nestled in a valley near the community of Lakeside.
For years, he watched the poverty-stricken tribe struggle. He thought bringing a small bingo hall would be a step toward ... (read more)
In California, Gambling is All About the Cards24 April 2006
SAN DIEGO, California -- California's Indian gaming regulations allowed tribal casinos to have live casino table games as long as the outcome is determined by cards.
While blackjack, baccarat, poker and poker's variations, such as Let It Ride and Three Card Poker, were offered from the outset, the casinos ... (read more)
Tribal Gambling: Leaving Las Vegas24 April 2006
SAN DIEGO, California -- After nearly five years working the slot floors at some of Las Vegas' most-recognized casinos, Mike Montenez took what he learned to Southern California. A slot host position at the 59,000-square-foot casino that Harrah's Entertainment manages for the Rincon San Luiseño Band of ... (read more)
IGT Gets in the Game21 April 2006
LAS VEGAS -- Industry giant International Game Technology, acknowledging that it is operating during a challenging time for slot makers, told Wall Street on Thursday it was able to beat all second-quarter expectations.
The Reno-based gaming equipment provider reported quarterly earnings of $124 ... (read more)
Pinnacle Boosts Bid for Aztar20 April 2006
LAS VEGAS – At the outset of the quarterly earnings conference call by Aztar Corp. Wednesday, analysts and investors were told company officials would not answer questions about the flurry of acquisition interest directed at the Phoenix-based owner of the aging Tropicana.
That decision shortened the ... (read more)
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