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Liz Benston Gaming Guru - Page 15Seminoles turn down Las Vegas offer28 February 2008
LAS VEGAS, Nevada -- The Seminole Tribe, which operates seven casinos in Florida and purchased the Hard Rock restaurant chain in 2006 for nearly $1 billion, has become the envy of Las Vegas casino operators.
While Vegas slots generally turn a daily profit of about $100, Florida slots, which actually are electronic bingo devices, make from $400 to $500 a day. ... (read more)
Looking in on: Gaming27 February 2008
LAS VEGAS, Nevada -- Wynn Las Vegas recently posted a notice acknowledging it can't threaten workers with discharge if they go on strike, it can't discipline workers for engaging in legal union organizing activities and it may not threaten employees by saying it is futile to join a union.
This ... (read more)
Regulators revisits cell phone ban19 February 2008
LAS VEGAS, Nevada -- If you ever watch the end of a basketball game in a casino sports book and want to call your buddy with the result, don't.
"At least not yet. State law has for a decade prohibited the use of cell phone and other electronic devices inside sports books. The purpose is to prevent ... (read more)
How many new rooms? Let's just say, a lot18 February 2008
LAS VEGAS, Nevada -- Before the financial markets sputtered and the economy soured, the folks paid to promote Las Vegas boasted that within a few years, more than 40,000 new hotel rooms would sprout on the horizon.
A Strip executive now doubts even half that many will be built, with the result that tens of thousands of expected new jobs won't be created. ... (read more)
Up for rethinking: Ban on cell phones in sports books18 February 2008
LAS VEGAS, Nevada -- If you ever watch the end of a basketball game in a casino sports book and want to call your buddy with the result, don't.
At least not yet. State law has for a decade prohibited the use of cell phone and other electronic devices inside sports books. The purpose is to prevent ... (read more)
Wynn shares plummet after boss's warning15 February 2008
LAS VEGAS, Nevada -- Wynn Las Vegas has lost a billion dollars of its market worth since Tuesday afternoon, when casino boss Steve Wynn, in spite of fairly upbeat earnings at his company, warned investors that the Strip won't be immune from an economic slowdown.
Wynn Resorts shares lost more than 7 ... (read more)
40,000 new rooms in Las Vegas? Maybe not15 February 2008
LAS VEGAS, Nevada -- No doubt you've heard of the more than 40,000 new hotel rooms on the Strip — the biggest development boom in Las Vegas history?
This magic number has been repeated ad nauseum by casino executives, real estate brokers and others who stand to benefit by the Strip's continued ... (read more)
'Green' building brings hotshot firm to Vegas8 February 2008
LAS VEGAS, Nevada -- A high-profile Los Angeles law firm to movie studios, record companies and Kirk Kerkorian is opening a Las Vegas practice specializing in real estate, corporate law — and shepherding clients through the cumbersome but ultimately lucrative process of being declared environmentally ... (read more)
Las Vegas retail renaissance7 February 2008
LAS VEGAS, Nevada -- Once upon a time, casinos lined sidewalk entrances with slot machines to capture passing gamblers as quickly — and as often — as possible. Or, they created sweeping entrances and grand features — statues, volcanos, pools and gardens — to suggest what opulence awaited inside.
But ... (read more)
Union targets Tropicana4 February 2008
LAS VEGAS, Nevada -- The Culinary Union has raised the stakes in its contract dispute with the Tropicana, asking state regulators to investigate whether cuts in security staff led to an increase in crime at the casino.
In a series of allegations submitted to the State Gaming Control Board last month, ... (read more)
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