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Howard Stutz Gaming Guru - Page 98Nevadan at work: Veteran game designer is always creating4 November 2013
LAS VEGAS -- One thing you can say about Joe Kaminkow is that he’s always creating. Since the 1980s, Kaminkow has designed more than 100 pinball machines and amusement games, some of which reside in Las Vegas’ Pinball Hall of Fame. He’s played in a role in creating more than 1,000 different slot machines ... (read more)
Macau casinos produce record-breaking $4.6 billion in October4 November 2013
Macau’s casino industry shattered its single-month gaming revenue record in October when the market produced an eye-popping $4.6 billion in pre-tax winnings. The total exceeded the previous record of $3.92 billion set in March of this year. The Macau Gaming Inspection and Coordination Bureau said Friday the results were a 31.7 percent increase over the October 2012 total. ... (read more)
Baccarat drives Strip gaming revenues to second straight double-digit gain1 November 2013
LAS VEGAS -- Baccarat helped boost Strip gaming revenues to a second-straight monthly double-digit increase during September, but analysts told investors not to read too much into the results. The house again played lucky. Fueled by a larger-than-average hold percentage in baccarat, casinos throughout ... (read more)
MGM Resorts narrows losses, gains revenues in third quarter1 November 2013
LAS VEGAS -- MGM Resorts International reduced its net loss in the third quarter as the casino giant was helped by increased results from its Strip gaming operations, which officials said are seeing the benefits of hotel room renovations and amenity enhancements. During a conference call with analysts and ... (read more)
Analysts press Loveman on exit from Boston-area casino project30 October 2013
A $761.4 million quarterly loss by Caesars Entertainment Corp. wasn’t on Wall Street’s mind Tuesday. Analysts wanted insight from Chairman Gary Loveman on Caesars’ highly public exit 10 days ago from a proposed $1 billion Boston-area casino development. A Massachusetts investigative report cited several ... (read more)
Caesars Entertainment's terrible, horrible, no good and very bad weekend28 October 2013
LAS VEGAS -- Has there ever been a gaming company that suffered through a worse 72-hour period than Caesars Entertainment Inc.? On a Friday evening, Caesars was punted from a proposed $1 billion project in Boston. Then the company was forced to dump its licensing partner in a $185 million Strip casino renovation. ... (read more)
Sands-sponsored survey finds most opposed to Internet gaming28 October 2013
LAS VEGAS -- A national survey conducted on behalf of Las Vegas Sands Corp. found that 67 percent of those questioned are opposed to legalizing Internet gaming. Among the findings from the poll directed by The Tarrance Group earlier this month was that 62 percent of those surveyed approved of having various forms of gambling in their respective states as a way of generating tax revenues. ... (read more)
Boom time in Macau continues to buoy Las Vegas Sands28 October 2013
LAS VEGAS -- The Venetian and Palazzo on the Strip provided Las Vegas Sands Corp. with somewhat lackluster revenues in the third quarter. Wall Street didn’t give the results much attention. Macau is what drives Las Vegas Sands. In the three months ended Sept. 30, the company’s four major Macau gaming ... (read more)
Gaming regulators to study changes in Web rules, but new games not a consideration24 October 2013
LAS VEGAS -- The Nevada Gaming Commission and Control Board will discuss several changes to the state’s Internet gaming regulations at its regular meeting monthly meeting Thursday in Las Vegas. Adding other casino games, such as blackjack and slot machines to Nevada’s current poker-only status, however, is not under consideration. ... (read more)
Indian casino development near Fresno gets Interior department approval24 October 2013
A central California Native American tribe won approval from the U.S. Department of the Interior late Tuesday to proceed on a casino development near Fresno that will be built and managed by Station Casinos, Inc. A 20-year compact between the state and the North Fork Rancheria of Mono Indians was approved ... (read more)
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