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Howard Stutz Gaming Guru - Page 328Gaming Earnings: Shuffle Master Files Report for End of Year28 February 2006
Shuffle Master Gaming, after a several-month delay, filed its year-end report Monday with the Securities and Exchange Commission, saying two adjustments that forced the postponement were immaterial to the casino equipment provider's overall results.
In a statement, Las Vegas-based Shuffle Master said two ... (read more)
Nevadan At Work: Thirty Months on Sideline Was Long Enough for Gaming Executive27 February 2006
LAS VEGAS, Nevada -- Mike Rumbolz thought he'd retired from gambling companies.
The former gaming executive was enjoying life away from the casino business when a Minneapolis-based technology company looked to increase its small foothold in the casino industry. The company, Cash Systems, asked ... (read more)
Wynn Focuses on Macau During Call24 February 2006
LAS VEGAS -- Wynn Resorts Chairman Steve Wynn was more interested Thursday afternoon in discussing the casino company's prospects in Macau than the gambling operator's fourth-quarter earnings.
Returning from a weeklong inspection of the company's under-construction $1.1 billion hotel-casino, coupled ... (read more)
Nevada Casinos: Regulators Out of Line23 February 2006
LAS VEGAS -- Believing state gaming regulators have overstepped their authority in suggesting what musical acts are appropriate for Strip nightclubs, the American Civil Liberties Union of Nevada plans to voice its displeasure today in Carson City.
When the Nevada Gaming Commission opens its public ... (read more)
Hurricane Hurts Harrah's23 February 2006
LAS VEGAS -- The catastrophic hurricane-related damages suffered by Harrah's Entertainment's Gulf Coast casinos came home to roost in the final quarter of 2005.
The Las Vegas-based casino operator said Wednesday it took $273.3 million in write-downs -- an accounting procedure that does not involve ... (read more)
New Orleans Business Boosts Pinnacle's Results23 February 2006
LAS VEGAS -- Pinnacle Entertainment reversed a fourth-quarter loss from a year ago, benefiting from increased business at its New Orleans riverboat casino.
The Las Vegas-based casino operator Wednesday said it had earnings of $7.5 million, or 17 cents a share, in the quarter ended Dec. 31. A year ago, ... (read more)
Louisiana Casinos Still Thriving22 February 2006
Pinnacle Entertainment's suburban New Orleans riverboat casino became Louisiana's largest producer of gaming revenue during January, capitalizing on a lack of entertainment opportunities in the hurricane and flood-ravaged city.
Figures released Tuesday by the Louisiana Gaming Control Board showed Boomtown ... (read more)
MGM Mirage: Monitoring Indictment Case17 February 2006
LAS VEGAS -- MGM Mirage officials on Thursday praised a longtime board member who has been indicted by a federal grand jury but said they were monitoring the situation.
The second-largest casino operator released a brief statement on prominent Beverly Hills attorney Terry Christensen the day after ... (read more)
Harrah's Ready to March Back In16 February 2006
NEW ORLEANS -- Watching from the sidelines, Harrah's Entertainment executives could only look on during the past five months as its New Orleans competitors raked in gaming revenue from recreation-starved residents and hurricane recovery workers.
Early Friday morning, Louisiana's largest casino ... (read more)
Adelson Sells LV Sands Shares16 February 2006
LAS VEGAS -- Las Vegas Sands Corp. Chairman Sheldon Adelson could realize more than $2.2 billion once he sells almost 43 million shares of company stock by the end of March.
And, when completed, Adelson will still retain control of more than 63 percent of Las Vegas Sands.
The casino operator ... (read more)
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