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Howard Stutz Gaming Guru - Page 354Strip Labor: Aladdin Workers OK Union6 December 2004
The ownership of the Aladdin agreed Friday to allow more than half of its work force to be represented by Culinary Local 226 after a significant portion of the Strip resort's employees signed union authorization cards seeking representation by the state's largest labor organization.
A contract, in ... (read more)
Few New Year's Eve Sellouts for Vegas Resorts2 December 2004
LAS VEGAS -- With New Year's Eve landing on a weekend, the average cost of a Las Vegas hotel room for the three-day holiday is up 25 percent from a year ago, a report from a Wall Street gaming analyst shows. And, because of the prices associated with the Friday through Sunday period, only two resorts are reporting sellouts. ... (read more)
Former Mirage Host Dies1 December 2004
LAS VEGAS -- Charlie Meyerson, the one-time Mirage "superhost" whose personal and professional relationship with casino developer Steve Wynn spanned more than four decades, died Monday at his home in Boca Raton, Fla., after a long battle with cancer.
Meyerson, who would have turned 89 on Dec. ... (read more)
Gaming Stocks Showing Strength1 December 2004
Gaming stocks continued to surge throughout November as investors responded to positive third-quarter earnings announcements and the news of potential new casino development along the Strip, giving shares of several companies double-digit increases in their average daily prices.
Analysts said the ... (read more)
IGT Says Chairman Will Step Down22 November 2004
Tom Baker, who oversaw the transformation of International Game Technology into the industry's dominant slot machine manufacturer and supplier, will step down as chairman of the board, effective March 1, IGT announced Friday.
No replacement was named but IGT said a successor would be announced "at ... (read more)
Union, Mandalay to Meet After Thanksgiving19 November 2004
LAS VEGAS -- A third meeting between a federal mediator and representatives of the Mandalay Resort Group and the International Union of Operating Engineers Local 501 is expected to take place after Thanksgiving in an effort to resolve a months-long contract dispute. The two sides met 12 hours Friday and Nov. ... (read more)
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