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Howard Stutz Gaming Guru - Page 86Inside Gaming: Sunshine State brings shrugs from Las Vegas casino interests3 March 2014
LAS VEGAS -- Florida is back in play, but no one really seems to care. Last month, legislation was unveiled that could bring Las Vegas-style casinos to South Florida — one each for Miami-Dade and Broward counties. Local voters in both communities would have to approve the resorts through referendums. ... (read more)
Customer data stolen from Las Vegas Sands casino in Pennsylvania3 March 2014
LAS VEGAS -- Las Vegas Sands Corp. said Friday “some legally protected data” was stolen from customers and employees of the company’s hotel-casino in Bethlehem, Pa., following last month’s sophisticated cyber attack on the casino operator’s internal computer operations. Legally protected data includes Social Security numbers, drivers license numbers and passport numbers. ... (read more)
Galaxy Gaming, Bank of America settle legal issues over business loan3 March 2014
LAS VEGAS -- Table game provider Galaxy Gaming said it settled its legal issues with Bank of America over a disputed business loan. In a filing with the Securities and Exchange Commission late Thursday, Las Vegas-based Galaxy said the company and the bank “reached a full settlement of all claims.” ... (read more)
Analysts shrug off decline in January gaming revenue3 March 2014
LAS VEGAS -- Analysts shrugged off a decline in January gaming revenue. They said the Strip and statewide raw figures for the month don’t really tell the whole story. Nevada gaming revenue declined 2.76 percent in January to $884.2 million while Strip gaming revenue fell 1.41 percent to $499.8 million. ... (read more)
Study panel stirs new debate over reliance of taverns on slot machines28 February 2014
LAS VEGAS -- A legislative committee tasked with looking at technology’s effect on the casino industry launched a debate Thursday on whether Nevada’s more than 2,000 restricted gaming locations rely too heavily on slot machines as a revenue source. The issue — whether funds gleaned from gaming in bars, ... (read more)
Nevada, Delaware sign online poker partnership26 February 2014
WILMINGTON, Del. -- Nevada and Delaware leaders signed a landmark agreement Tuesday that will join their states for online poker, potentially increasing payouts for residents who gamble while aiming to model how states might collaborate on an emerging economic opportunity. The Multi-State Internet Gaming Agreement signed in Wilmington by Gov. ... (read more)
The Cromwell on the Strip will open May 2125 February 2014
LAS VEGAS -- Caesars Entertainment Corp.’s $185 million renovation of a center Strip midmarket casino into The Cromwell, an upscale boutique hotel-casino, opens May 21, the gaming company announced Monday. The news follows the announcement last week that building’s central feature — a 65,000-square-foot ... (read more)
Inside Gaming: Lots of raving, but little revenue24 February 2014
LAS VEGAS -- Lost in the heated rhetoric over the expansion of Internet gaming is a harsh reality. Legal online wagering has not been the financial windfall many analysts predicted. Initial returns from the three states that enacted Internet gambling laws are not overflowing the balance sheet. New Jersey’s online revenue is a letdown. ... (read more)
Vegas slots soon will accept pre-paid debit cards24 February 2014
LAS VEGAS -- Prepaid debit cards — tied to a casino customer’s rewards account — have been approved for wagering on Nevada slot machines following changes in state gaming regulations. The Nevada State Gaming COntrol Board Gaming Commission voted 4-0 Thursday — Chairman Pete Bernhard was absent — to approve ... (read more)
Former Boyd Gaming executive Chuck Ruthe dies24 February 2014
LAS VEGAS -- Boyd Gaming Corporation founder Bill Boyd owned a five-acre parcel of land along the Boulder Highway in the late 1970s that he thought would be the perfect site for a motel. He contacted his friend, real estate broker Chuck Ruthe, who then suggested he purchase an adjacent 11-acre parcel on the corner of Nellis Boulevard and the Boulder Highway. ... (read more)
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