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Howard Stutz Gaming Guru - Page 97

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Golden Gaming subsidiary agrees to pay $20,000 fine to settle complaint

11 November 2013
LAS VEGAS -- The slot machine route operation subsidiary of tavern and casino owner Golden Gaming, Inc. agreed to pay a $20,000 fine to settle a three-count complaint with the Gaming Control Board for failing to notify regulators that it was operating 10 games at a Las Vegas tavern. The complaint was filed ... (read more)
 

Culinary's futile push against Cosmo

11 November 2013
LAS VEGAS -- The only Sin City video getting more hits on the Internet than the Culinary union’s recent taunting and name-calling of people entering The Cosmopolitan of Las Vegas was the 2011 clip of Batman getting body-slammed on the Strip by a drunken tourist. Then again, Culinary workers aren’t costumed ... (read more)
 

Caesars exec cited by Mass. regulators says he has nothing to hide

8 November 2013
Caesars Interactive Entertainment CEO Mitch Garber said he has never hidden his past employment as the chief executive of two foreign-based Internet gaming operations that took wagers from U.S. customers almost a decade ago. So Garber, 49, was more surprised than anyone that his background was one of four ... (read more)
 

IGT reports fourth-quarter drop in net income, but profits increase for fiscal 2013

8 November 2013
Slot machine maker IGT - International Game Technology said Thursday that its net income fell 27.9 percent in the company’s fourth quarter, but profits for all of fiscal 2013 increased by 9 percent. The company, which is considered the casino industry’s largest gaming equipment manufacturer, said its net income for the three months ended Sept. ... (read more)
 

Gaming regulators suggest OK for Cavs owner, also question ex-UNLV standout's showing

7 November 2013
LAS VEGAS -- State gaming regulators on Wednesday peppered Rock Gaming, LLC founder Dan Gilbert, who also owns the NBA’s Cleveland Cavaliers, with questions about former UNLV standout Anthony Bennett, in addition to his ownership acquisition of Caesars Interactive Entertainment. This year’s No. 1 overall ... (read more)
 

Gaming insiders welcome New York's approval of Las Vegas-style casinos

7 November 2013
The gaming industry’s batting order may have landed a new clean-up hitter. The overwhelming approval by New York voters of a referendum on Tuesday that will add seven Las Vegas-style casinos to the Empire State was welcomed by gaming insiders and observers less than 24 hours after the votes were counted. ... (read more)
 

Gaming Control Board gives preliminary OK to sale of John Ascuaga's Nugget

7 November 2013
LAS VEGAS -- State gaming regulators granted preliminary approval Wednesday for the sale of John Ascuaga’s Nugget in Sparks to a private investment group. The Gaming Control Board didn’t have any issues with Global Gaming & Hospitality, which will operate the resort. Michael Kim and Carlton Geer, partners ... (read more)
 

Pinnacle's loss in third-quarter earnings related to Ameristar merger

7 November 2013
LAS VEGAS -- Let’s just say it was a busy third quarter. During the three months that ended Sept. 30, Pinnacle Entertainment, Inc. sold a vacant Atlantic City land parcel, moved forward on rebranding and expanding a Cincinnati-area racetrack casino and progressed with the planned sales of St. Louis casino and western Louisiana development site. ... (read more)
 

Station Casinos, tribal owners open casino near San Francisco

6 November 2013
Station Casinos, Inc. and the tribal owners of an $800 million Northern California casino decided a 13-year wait was long enough. So, with crowds building for Tuesday’s planned 10 a.m. public opening of the Graton Resort &Casino, the property was opened an hour early. The Graton Resort, owned by the ... (read more)
 

Bay State blunders: Massachusetts now an embarrassment on gaming scene

4 November 2013
Two years ago, Massachusetts was considered a potentially lucrative gaming opportunity. The past two weeks, however, have called into question the viability of the Bay State’s incubating casino market. Massachusetts is moving ahead with a single Las Vegas-style casino in each of three geographically separate regions: Boston, the southeast corridor and the western half of the state. ... (read more)

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