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Liz Benston Gaming Guru - Page 24Looking in on: Gaming21 February 2007
LAS VEGAS, Nevada -- You've just won a slot jackpot worth millions. Do you go for your 15 minutes of fame or anonymously slink off with your winnings? Is that even possible?
Two gamblers recently managed to do it, raising the question as to whether players are getting savvier to the drawbacks of being in the limelight. ... (read more)
Partnership plans housing for casino workers14 February 2007
LAS VEGAS, Nevada -- MGM Mirage, in partnership with developers American Nevada Company and Diamond Resorts, plans to build affordable housing for casino workers on about 160 acres the company owns in Jean.
The move comes somewhat as a surprise, given that MGM Mirage could have fetched a high price for selling its two Jean casinos about 25 miles from the Strip. ... (read more)
Looking in on: Gaming12 February 2007
LAS VEGAS, Nevada -- Harrah's Entertainment was exploring a deal to reshape the company as early as January 2006 and began discussions in August with private equity firms interested in buying out the company, according to proxy materials sent to shareholders considering the firms' $90 per share offer to take Harrah's private. ... (read more)
Hard Rock bets on a three-way deal9 February 2007
NEVADA -- Companies don't typically buy a Nevada casino until first obtaining a state gaming license necessary to own and operate the property.
An increasingly complex and competitive landscape is changing that by driving investors to consummate deals more quickly.
The most recent example is the ... (read more)
Hit me - with a snack7 February 2007
LAS VEGAS, Nevada -- It's one thing for a cocktail waitress to serve drinks to the guy at the quarter slots. But a cheeseburger and fries?
Starting in March, El Cortez gamblers will be able to eat as they play slot machines and table games.
Common sense says feeding hungry gamblers could keep them playing longer by preventing a trip to the buffet. ... (read more)
Looking in on: Gaming7 February 2007
LAS VEGAS, Nevada -- If Boyd Gaming Corp. had a dollar for every inquiry it received about when the venerable Stardust building will be torn down, it would have enough money for a significant down payment on the $4 billion luxury hotel complex it wants to build there.
Problem is, company officials don't want to tell the thronging masses when the property will return to dust. ... (read more)
Looking in on: Gaming29 January 2007
LAS VEGAS, Nevada -- Cooper Levenson has dominated the practice of gaming law on the East Coast, crafting legislation that enabled casinos to open in Atlantic City in the 1970s and representing most of the casino companies doing business in New Jersey.
Seeing opportunity to expand in Nevada, the ... (read more)
Hooters struggling with startup blues29 January 2007
LAS VEGAS, Nevada -- The glow from those notorious orange shorts at the year-old Hooters Casino Hotel is struggling to be seen against the bright lights of the Las Vegas Strip.
Founders of the Hooters restaurant chain, where busty "Hooters girls" wearing short-shorts and clingy tank tops serve ... (read more)
Sports betting on the go22 January 2007
LAS VEGAS, Nevada -- Like a brightly colored alien race descending for the Super Bowl, 8-foot-tall machines will be cropping up in casinos across Nevada, beckoning gamblers to make sports bets as quickly as withdrawing cash at an ATM or placing an order at a fast-food drive-through.
Called "iSports Stand," these sports betting kiosks are like ATMs on steroids. ... (read more)
Harrah's employees ill at ease15 January 2007
LAS VEGAS, Nevada -- The pending sale of Harrah's Entertainment is fueling great uncertainty among its employees. They are seeking reassurance that their jobs are safe, but as a look inside the company shows, that reassurance is impossible to give.
First, a little history.
A few years ago, ... (read more)
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