 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Howard Stutz Archives
More Strategy Experts
|
Howard Stutz Gaming Guru - Page 55Nevada gaming revenue declines for second straight month29 October 2014
LAS VEGAS -- Nevada’s casino industry suffered its second straight monthly gaming revenue decline in September with much of the blame leveled at an unlucky run by the Strip’s high-end baccarat rooms and a fortunate month for blackjack players. Statewide, gaming revenue fell almost 6 percent in the month. ... (read more)
Timing right for suitors to pursue Full House29 October 2014
LAS VEGAS -- In the grand scheme of things, the proxy fight over Full House Resorts, Inc. seems like small potatoes. But with regional markets on a downward trajectory, the company is ripe for the taking. Las Vegas-based Full House owns three regional casinos and has a management contract for a Lake Tahoe resort. ... (read more)
Two months after debut, SLS Las Vegas president jumps ship28 October 2014
LAS VEGAS -- The SLS Las Vegas Hotel & Casino has changed presidents just two months after the $415 million Strip resort opened. The hotel-casino’s owners said Monday that Scott Kreeger would take over for Rob Oseland, who had been with the property since 2012, before the 18-month construction transition from the shuttered Sahara into SLS Las Vegas. ... (read more)
Station Casinos makes the effort to help schools28 October 2014
LAS VEGAS -- What began as a way to financially help area schools in need has become a year-round effort for Station Casinos, Inc. The company hosted its annual Smart Start breakfast this month at Red Rock Resort Casino, Resort & Spa’s T-bones Chophouse and awarded $50,000 — $5,000 each — to 10 elementary ... (read more)
Full House Resorts bylaws change makes special meetings more difficult27 October 2014
LAS VEGAS -- A sudden bylaw revision by Full House Resorts, Inc. will make it difficult for shareholders seeking changes in the regional casino operator to call a special meeting before the end of the year. In a filing with the Securities and Exchange Commission, the Las Vegas-based company’s board voted ... (read more)
Penn National sees revenue, profits decline24 October 2014
Casino operator Penn National Gaming, Inc., which owns M Resort, said Thursday revenue and profits declined in the third quarter as regional gaming markets across the U.S. continued to under-perform. Penn said its net income for the quarter that ended Sept. 30 was $8.5 million, or 10 cents per share, down from $35.3 million or 34 cents per share a year ago. ... (read more)
Gaming regulators allow Real Gaming poker website to move ahead24 October 2014
LAS VEGAS -- State gaming regulators took the “soft launch” tag off the Real Gaming poker website Thursday, allowing the Internet presence for Michael Gaughan’s South Point Hotel Casino and Spa to move forward after a nearly eight-month testing period. RealGaming.com launched in February and joins UltimatePoker.com and WSOP.com in offering regulated online gaming to gamblers within Nevada. ... (read more)
Respect was earned for founding father of local casinos24 October 2014
LAS VEGAS -- It seemed out of place to refer to gaming industry pioneer Frank Fertitta Jr. by his first name. Other than close friends and business associates, the late founder of Station Casinos was known as “Mr. Fertitta.” It was out of respect. To employees, customers and admirers, he was “Mr. ... (read more)
Casinos in Japan: Not dead yet23 October 2014
To paraphrase Monty Python, gaming expansion in Japan is apparently not dead yet. That’s good news to some of the world’s biggest casino operators. They view the Land of the Rising Sun as the Holy Grail. Reuters news service reported this week that a Japanese casino expansion bill wouldn’t be voted on by the time country’s legislature (or Diet) adjourns Nov. ... (read more)
Caesars pursues $1 billion casino in Philippines23 October 2014
Caesars Entertainment Corp. is angling to build a $1 billion hotel-casino development in the Philippines in an effort to break into the Asian gaming market. The Las Vegas-based company operates more than 50 resorts across the U.S., including nine on or near the Strip. However, Caesars missed out on gaming opportunities in Macau and Singapore and has been actively exploring other areas of Asia. ... (read more)
< Previous 10 Articles | Next 10 Articles > |