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Jeff Simpson Gaming Guru - Page 16Bybee, Noted Gaming Authority, Dies at 6522 September 2003
and Rod Smith
Shannon Bybee, executive director of the University of Nevada, Las Vegas' International Gaming Institute and a former top casino executive, gaming regulator and gaming lawyer, died Thursday at age 65.
One of the first casino executives to take a stand in support of problem gambling ... (read more)
Binion Elated About Sale12 September 2003
LAS VEGAS -- Lucky and proud.
That's how Jack Binion said he felt Thursday after he and Harrah's Entertainment executives signed a $1.45 billion deal for Harrah's to buy his Horseshoe Gaming Holding Corp. and its three riverboat casinos.
Binion started the company in July 1994, and in less than a decade built a company Harrah's was willing to pay almost one-and-a-half billion dollars for. ... (read more)
Nevada Economy: Gaming Win Up in July10 September 2003
Fueled by strong July performances on the Strip and in North Las Vegas, Nevada casinos won $825.5 million from gamblers, 2.6 percent more than in July 2002, the Nevada Gaming Control Board reported Tuesday.
Strip casinos recorded the market's best July on record, with the $397.7 million won topping the ... (read more)
Greenspun Corp., Hughes Corp. Cut Funding After Clash Over Tax Differences9 September 2003
LAS VEGAS -- The two biggest real estate development companies in Las Vegas, the Greenspun Corp. and Hughes Corp., have cut their financial support for the Las Vegas Chamber of Commerce.
The moves are the latest fallout from the position the chamber took during Nevada's recent legislative session, ... (read more)
Older Gamblers Bet More, Survey Finds8 September 2003
LAS VEGAS -- Middle-aged tourists' have bigger gambling budgets than do senior citizens and visitors in their 20s and 30s, Las Vegas Convention and Visitors Authority statistics show.
The results, culled from the 2002 Las Vegas Visitor Profile Study, reflect the relative wealth of each age group, ... (read more)
Gambling Operators Say Economy's Long Struggles Have Slowed Postattack Rebound8 September 2003
Almost two years after the Sept. 11, 2001, terrorist attacks jolted Las Vegas' tourist based-economy, the city's casinos have yet to fully recover, industry insiders said.
Strip casinos only in the past few months began generating gambling revenue numbers equal to or better than pre-9-11 results, ... (read more)
Casinos and Football: The Power of Pigskin2 September 2003
It's game time.
It's first and 10. Time for sports books to get busy and coffers to get full. Locals casino operators are ready for some football, and, the bosses say, so are Las Vegans.
After teasing football fanatics with preseason pro games and a few dozen college games the past two Saturdays, the ... (read more)
Wynn Waiting for Macau Regulatory Reforms28 August 2003
LAS VEGAS --It's time to put up or shut up for Macau government officials, Strip developer Steve Wynn said.
The semiautonomous Chinese enclave is working to finalize details for casino reforms intended to remove underworld influence over its $3 billion-plus casino market.
The changes would allow casinos to grant credit and reduce taxable gaming revenues by the amount of bad marker debt. ... (read more)
Wynn Las Vegas Ahead of Schedule28 August 2003
LAS VEGAS --Wynn Las Vegas, at $2 billion the second most expensive construction project in the world, is on budget and ahead of schedule for its planned April 2005 opening, Wynn Las Vegas Chairman Steve Wynn said.
"The hotel tower is about one week ahead of schedule and the showroom is about a month ahead," Wynn said Tuesday. ... (read more)
Palms Pulls Football Ad21 August 2003
LAS VEGAS --The Palms plans to pull a radio spot advertising its football contest after a top Nevada gaming regulator said he planned to investigate a claim made in the ad.
"At the Palms your chances are better than anywhere else," the man who won last year's contest says in the commercial advertising ... (read more)
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