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Howard Stutz Gaming Guru - Page 337Casino Acquisition: Golden Nugget Sale OK'd28 September 2005
As chairman of the Nevada Gaming Commission and a longtime Las Vegas attorney, Pete Bernhard has heard many a promise from a prospective casino operator possessing large-scale plans to revive downtown Las Vegas.
Most never came to fruition.
Houston-based Landry's Restaurants, which closed its $325 ... (read more)
Gulf Casinos Again Brace for Storm26 September 2005
Las Vegas-based gaming companies, already picking up the remains of their Gulf Coast casinos in Mississippi and New Orleans, are again bracing for a bout with a hurricane.
Pinnacle Entertainment, Boyd Gaming Corp. and Harrah's Entertainment closed their casinos in Lake Charles, La., as Hurricane Rita approached the area. ... (read more)
Sands Starts Own Big Dig for Palazzo21 September 2005
Las Vegas Sands Corp. is taking its Palazzo underground.
As development in Las Vegas goes vertical stacking story on story, Sands Corp. has gone downward, below the earth, to begin construction of its $1.8 billion Strip resort.
When completed in 2007, the Palazzo will rise 50 stories above the Strip. ... (read more)
G2E Eases Some Fears16 September 2005
LAS VEGAS -- A few months ago, Mississippi Gaming Commission Executive Director Larry Gregory mapped out his plans for this week's Global Gaming Expo, arranging his week around his scheduled participation in a Wednesday morning panel discussion on communication between regulators, casinos and suppliers. ... (read more)
Major Casino Company Leaders Find Accord15 September 2005
LAS VEGAS -- The leaders of the gaming industry's two largest companies, who between them control more than 60 casinos, employ more than 170,000 workers and have combined annual revenue of more than $16 billion, found themselves agreeing Wednesday on many of the key issues facing the casino ... (read more)
Looking Ahead With One Eye on Gulf15 September 2005
LAS VEGAS -- With attendance up almost 14 percent from a year ago and the trade show floor space at a record 290,000 square feet, the fifth annual Global Gaming Expo is being dubbed a success by its sponsors from the American Gaming Association.
But one dark cloud hangs over the gaming industry's ... (read more)
Global Gaming Expo: What Washed Up Acts?14 September 2005
Las Vegas is no longer the city where entertainers go to die, a panel of Strip headliners told the keynote session of the Global Gaming Expo on Tuesday.
In fact, they said collectively, the spread of legalized gaming across the world is opening new doors for the entertainment industry.
During an ... (read more)
Global Gaming Expo: Slot Market Looks Dim Within U.S.13 September 2005
While gaming expansion into new North American markets may be slow to develop over the next 18 months, opportunities internationally could arise more quickly, panelists told an audience at the opening session of the annual Global Gaming Expo on Monday.
Pennsylvania, where gaming regulators are ... (read more)
Las Vegas Sands Launches Problem-Gambling Program13 September 2005
The Venetian's parent company is working with the Harvard University Medical School Division on Addictions to start a program that trains all employees, from senior management on down, to recognize customers and co-workers who show signs of problem gambling.
The program's goal is to enable all Las Vegas Sands Corp. ... (read more)
Company Exits Deal to Build Cotai Strip Resort Site with Sands13 September 2005
Las Vegas Sands Corp. said an international hotel company that pulled out of a deal to jointly develop one of eight resort sites on the Cotai Strip near Macau will need the Chinese government's approval to go off on its own.
Las Vegas Sands Corp., operator of The Venetian, has submitted plans for ... (read more)
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