 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Howard Stutz Archives
More Strategy Experts
|
Howard Stutz Gaming Guru - Page 84Revenue from Macau casinos enriches industry billionaire19 March 2014
LAS VEGAS -- It’s been eight years since Macau surpassed the Strip in annual gaming revenue. So it makes sense that the region — the only location in China with casinos — is creating more gaming industry billionaires than Las Vegas. The recently released Forbes 2014 List of the World’s Billionaires shows a ... (read more)
Inside Gaming: Boyd deal sparks torrent of speculation17 March 2014
LAS VEGAS -- A New York-based hedge fund acquired a 5 percent ownership stake in Boyd Gaming Corporation last week and immediately fueled rampant speculation in the investment community. Scenarios ranged from a corporate takeover to moving the company’s casinos into a real estate investment trust. Don’t expect a quick resolution. ... (read more)
Services scheduled Monday for Jackie Gaughan14 March 2014
LAS VEGAS -- Funeral services for Las Vegas casino pioneer Jackie Gaughan will be held at 11 a.m. Monday at St. Viator Catholic Church at the corner of Flamingo Road and Eastern Avenue. The viewing for Gaughan, who died Wednesday at age 93, will be from 4 p.m. to 7 p.m. Sunday at Palm Mortuary on Main Street. ... (read more)
MGM, Pinnacle team up on marketing efforts14 March 2014
LAS VEGAS -- MGM Resorts International and Pinnacle Entertainment, Inc. announced a partnership Thursday between the casino companies’ customer loyalty programs. Beginning April 1, select members of Pinnacle’s “mychoice” will be offered hotel stays, show tickets and other benefits at MGM Resorts’ properties in Las Vegas. ... (read more)
Station Casinos grew revenue more than 8 percent in fourth-quarter 201313 March 2014
LAS VEGAS -- Station Casinos, Inc. grew revenue 8.3 percent in the fourth quarter, helped by the opening of its $800 million Indian casino in Northern California. The casino operator hopes its online gaming component, through its 57 percent ownership in Ultimate Gaming, will soon contribute to the bottom line as well. ... (read more)
Las Vegas casino pioneer Jackie Gaughan dies at 9313 March 2014
LAS VEGAS -- Legendary casino pioneer Jackie Gaughan never wanted to leave downtown Las Vegas. His son, South Point owner Michael Gaughan, even offered to build his father a penthouse apartment atop one of the south-Strip resort’s hotel towers. He wouldn’t budge. The elder Gaughan, who once controlled 25 ... (read more)
Caesars Entertainment reports $1.756 billion in quarterly loss on Atlantic City weakness12 March 2014
LAS VEGAS -- Caesars Entertainment Corporation said Tuesday it lost $1.756 billion in the fourth quarter because of a deteriorating market in Atlantic City, which resulted in nearly $2 billion of noncash impairment charges to the casino company’s balance sheet. Las Vegas-based Caesars said in a statement the company’s net revenue for the period ended Dec. ... (read more)
Riviera, Treasure Island reach contract agreements with Culinary Union11 March 2014
LAS VEGAS -- Culinary Workers Local 226 and Bartenders Local 165 reached agreement over the weekend on new five-year contracts with the Riviera Hotel and Casino and the Treasure Island, the second and third independent casinos to settle with the unions. The contract, which would replace an agreement that expired last June, still must be ratified by workers at the two Strip casinos. ... (read more)
Slot machine keys available online — but who can use them?10 March 2014
LAS VEGAS -- Common slot machine reset keys — identical to one that caused a Reno casino to be hit with a $1 million gaming fine — are easily found for sale on various Internet sites. How simple? The Las Vegas Review-Journal purchased two of the keys — often referred to as the 2341 slot machine ... (read more)
Moves by Caesars fail to ease debt worries on the Street10 March 2014
LAS VEGAS -- Nothing is simple when it comes to Caesars Entertainment Corporation. Take last week’s announcement that the company is selling four casinos to its Caesars Growth Partners subsidiary for $2.2 billion. Some analysts worried the deal would diminish the parent company’s results. Caesars is giving ... (read more)
< Previous 10 Articles | Next 10 Articles > |