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Howard Stutz Gaming Guru - Page 350

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Attorney for Caesars Tapped as Gaming Regulator

9 February 2005
NEVADA -- Gov. Kenny Guinn reached into the casino industry ranks Tuesday for the newest member of the Gaming Control Board, naming Caesars Entertainment attorney Mark Clayton to the three-member regulatory body. Clayton, 39, has been vice president of corporate law for Caesars since 2001, with ... (read more)
 

Landry's Offers to Buy Golden Nugget

7 February 2005
A little more than a year after their purchase of the Golden Nugget landed Tim Poster and Tom Breitling on the front pages of national publications and in their own reality TV series, the dot-com millionaires agreed to part ways with the historic downtown casino Friday, accepting $295 million in cash ... (read more)
 

Property Tax Debate Biggest Concern For Gaming Industry

7 February 2005
Gaming's largely unsuccessful lobbying efforts in the contentious 2003 legislative session led to some fractures within the industry. But as state lawmakers prepare to meet once again in Carson City on Monday, most believe casino leaders are united in one concept -- to closely monitor the expected debate ... (read more)
 

Casino Revenue: Gaming Stocks Start '05 Strong

1 February 2005
As gaming companies, including giants MGM Mirage and Harrah's, ready their quarterly earnings reports this week, stock prices for the major operators in January reflected investors' optimism that results will surpass Wall Street estimates. Two pieces of news during the month -- Caesars Entertainment ... (read more)
 

Analysts Get Preview Tour of Wynn Las Vegas

31 January 2005
Appearances are not all they seem. And gaming analysts, offered a behind-the-scenes preview this week of the $2.5 billion Wynn Las Vegas, said that despite a significant amount of construction remaining to be completed in the next 90 days, the 2,700-room resort will be ready when guests begin arriving April 28. ... (read more)
 

Nevadan At Work: Stacy Allsbrook; Executive Director, Las Vegas Centennial Celebration

31 January 2005
More than a decade ago, her classmates at Chaparral High School voted her the campus's biggest party girl. So it seems fitting that Stacy Allsbrook is in charge of throwing Las Vegas' largest-ever celebration. Allsbrook, a life-long Southern Nevadan and a 13-year city of Las Vegas employee, is serving ... (read more)
 

Venetian Pays $10,000 Fine

28 January 2005
LAS VEGAS -- The Venetian agreed Thursday to pay a $10,000 fine to Nevada gaming regulators in conjunction with a 2004 episode where a 19-year-old patron gambled and was served alcohol at the Strip resort. A cashiers' cage employee caught the gambler when he tried to exchange casino chips for currency. ... (read more)
 

Nevada Lottery Faces Usual Obstacles

27 January 2005
NEVADA -- In states offering both lotteries and casinos, the two forms of gaming have learned to coexist. Nevada may be a different matter. While Democratic legislative leaders prepare a lottery proposal in which proceeds would help fund the state's public education system, casino leaders ... (read more)
 

Las Vegas Airport Shatters Annual Mark

27 January 2005
LAS VEGAS -- Local aviation officials may have celebrated a bit prematurely last month when it was touted that McCarran International Airport would welcome 40 million passengers in 2004, an accomplishment claimed by a handful of other airports. In reality, McCarran hosted more than 41.4 million ... (read more)
 

Declined Option Clears Way for Casino Sale

24 January 2005
Park Cattle Co., the company that owns the land housing Caesars Tahoe, said Friday it wouldn't exercise an option to purchase the casino's 27.2-acre site, which is across from the shore from South Lake Tahoe. The decision paves the way for the property to be sold to Kentucky-based Columbia Sussex Corp. ... (read more)

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