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Howard Stutz Gaming Guru - Page 336

Howard Stutz
 
 

Protectors of Poker

11 October 2005
As poker continues to entrench itself in mainstream American culture, accompanying organizations are springing up to ensure the game -- whether played online, in casinos or at home -- maintains a steady increase in popularity. The Poker Players Alliance, a Las Vegas-based nonprofit group, is ... (read more)
 

New Problem-Gambling Panel Not Ready to Decide on Funding

11 October 2005
Where and how to distribute some $2.5 million in slot tax dollars earmarked for programs to prevent and treat problem gambling was not going to be decided during the initial meeting of a new state advisory committee. The nine-member panel on problem gambling, which was created by the 2005 Legislature, ... (read more)
 

Harrah's Takes $10 Million Charge

7 October 2005
LAS VEGAS -- Harrah's Entertainment, which had four of its casinos in Mississippi and Louisiana knocked out of commission by Gulf Coast hurricanes, said Thursday it would take a $10 million charge against its third quarter earnings due to lost business. The company also announced that it believes ... (read more)
 

JCM American Targets Table Game Market

6 October 2005
LAS VEGAS -- Having conquered the slot machine world, JCM American Corp. is targeting the expanding table game market. The Japan-based manufacturer has placed its currency acceptors -- also known as bill validators -- into 85 percent of all North American slot machines. The company, which has U.S. ... (read more)
 

Union Thinks Bigger After Deals With Wynn Las Vegas, Aladdin

5 October 2005
Two new contracts with Strip hotels helped Nevada's largest labor union increase its membership by almost 6,000 workers in the past couple of months. Now, the leadership of Culinary Local 226 is setting its sights on additional growth. The Culinary, an affiliate of UNITE HERE and its partner ... (read more)
 

The Future of Gambling: Innovation is Served

4 October 2005
Game change may be just a click away for casino slot operators. Server-based gaming will make it so. At the recent Global Gaming Expo, slot makers previewed the technology that will let casino operators quickly and easily update content on banks of slot machines. But only a select few G2E attendees ... (read more)
 

Aladdin, Union Agree on Contract

4 October 2005
Nearly 10 months to the day after announcing that employees could be represented by Culinary Local 226, the Aladdin and the state's largest labor union have agreed to a new contract covering more than 1,600 workers, Culinary Secretary-Treasurer D Taylor said Monday evening. The agreement would ... (read more)
 

Gambling in Mississippi: Bill OK'd to Allow Casinos on Land

4 October 2005
Mississippi lawmakers voted Monday to allow coastal casinos destroyed by Hurricane Katrina to be rebuilt on dry land rather than atop barges floating on the Gulf of Mexico. The bill is expected to be signed by Gov. Haley Barbour, who called a special session of the state Legislature last week to address hurricane relief. ... (read more)
 

Pinnacle Reopens New Orleans Casino; Sets for Battle with Insurance Company

3 October 2005
Las Vegas-based Pinnacle Entertainment on Friday became the first gaming operator to reopen a hurricane damaged casino in New Orleans, but a dispute with its primary insurance carrier could affect redevelopment plans for the company's destroyed casino in Biloxi, Miss. Pinnacle, which had three of ... (read more)
 

Hurricane Damage, Fuel Costs Cause Gaming Stocks to Slide

3 October 2005
Two major hurricanes that shut down almost two dozen casinos in Louisiana and Mississippi, along with the subsequent increase in gasoline prices, worked to depress the value of gaming stocks during September. The average daily stock prices of the casino industry's major operators fell between 3 ... (read more)

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