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Howard Stutz Gaming Guru - Page 61New Jersey gaming chief says Vegas shows the way11 September 2014
ATLANTIC CITY, N.J. -- (PRESS RELEASE) -- Struggling U.S. gaming markets must broaden their appeal or prepare to for the same fate as this troubled seaside community, New Jersey’s top gaming regular said Tuesday. David Rebuck, director of the New Jersey Division of Gaming Enforcement, said Atlantic City in ... (read more)
Claridge finds way to survive in struggling Atlantic City10 September 2014
ATLANTIC CITY, N.J. -- (PRESS RELEASE) -- The Claridge is the past and the future of the Boardwalk. The 1920s-era hotel was once the toast of Atlantic City, sitting at the famous intersection of Boardwalk and Park Place. It earned the market’s fourth gaming license, back when developer Del Webb owned the building. ... (read more)
Talks focus on fixing Atlantic City, with a Vegas assist9 September 2014
ATLANTIC CITY, N.J. -- (PRESS RELEASE) -- New Jersey Gov. Chris Christie said Monday the much-predicted obituary of the Boardwalk’s gaming market is far from accurate, despite the closing of one-quarter of the city’s casinos this year. Christie, following a two-hour, 15-minute meeting with more than 30 ... (read more)
Global Cash Access to acquire Multimedia Games9 September 2014
LAS VEGAS -- Slot machine maker Multimedia Games, Inc. is being acquired by Global Cash Access Holdings Inc., for $1.2 billion, the companies announced Monday. The deal, which requires regulatory and shareholder approval, is the most recent buyout in a wave of slot machine industry mergers and consolidations in the past 18 months. ... (read more)
SLS, and visionary behind it, get warm Strip welcome8 September 2014
LAS VEGAS -- In the days leading up to last month’s opening of the SLS Las Vegas, Sam Nazarian’s phone was ringing off the hook. Nazarian, 39, the visionary behind the Strip’s first major hotel-casino unveiling in four years, quickly learned he had support from the competition for the $415 million renovation of the Rat Pack-era Sahara. ... (read more)
Golden Gaming adds brand, buys Irish pub-themed sites5 September 2014
LAS VEGAS -- Golden Gaming, Inc. will add a fifth brand to its Nevada tavern business by purchasing four Irish pub-themed locations in Southern Nevada. The Las Vegas-based company, the state’s largest tavern owner with 50 locations in Las Vegas and Reno, plans to reopen the four taverns under the Sean Patrick’s brand Oct. ... (read more)
Searchlight Casino operator to surrender license5 September 2014
LAS VEGAS -- The 90-year-old owner of the Searchlight Nugget Casino has agreed to give up her license for the small casino after state gaming agents found numerous irregularities in the operation and accounting for the property’s 50 slot machines. A seven-count complaint filed by the Gaming Control Board ... (read more)
Memories still adrift, but Showboat name is gone3 September 2014
The opening of the Showboat Atlantic City 27 years ago carried the hoopla of a Las Vegas celebration. Legendary entertainer Bob Hope broke a champagne bottle at building’s base to christen the resort, which was designed to resemble a cruise ship. Jazz trumpeter Al Hirt performed in the Mardi Gras-themed lounge on opening night. ... (read more)
Fresh start for PokerStars may revitalize N.J. gambling2 September 2014
The online gaming community believes PokerStars’ planned entrance into New Jersey’s Internet wagering market in October is the fuel needed to kick-start the state’s stagnant gambling activity into overdrive. The tainted European betting giant — which was bought this summer in a staggering $4.9 billion transaction by Amaya Gaming Group, Inc. ... (read more)
Delano Las Vegas: Where South Beach meets Mojave Desert2 September 2014
LAS VEGAS -- The Delano Las Vegas is best described as South Beach meets the Mojave Desert. MGM Resorts International completed the summer-long $80 million renovation of The Hotel, an 1,100-room nongaming property on the south Strip attached to Mandalay Bay Resort & Casino. The remake resulted in redesigned entry and lobby areas with new restaurants and public spaces. ... (read more)
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