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Liz Benston Gaming Guru - Page 37Imperial Palace Purchase Is Strategic Move For Harrah's23 August 2005
Harrah's Entertainment Inc. has signed an agreement to purchase the Imperial Palace for $370 million, giving the company a larger foothold on the Strip and ownership of four adjacent casinos.
Harrah's said Imperial Palace management will continue to operate the 2,640-room property until the transaction closes, which is expected by the end of the year. ... (read more)
Regulators Side with Gamblers in Confiscated Chips Case19 August 2005
and Richard N. Velotta
LAS VEGAS -- Over the past few months, Nevada regulators have ordered the MGM Grand casino to pay two gamblers whose chips were confiscated by the city's biggest gambling hall after employees said they couldn't verify whether the players had won them.
The incidents, both settled ... (read more)
World's Largest Online Poker Tournament Gains Popularity17 August 2005
One of the world's largest poker tournaments will start next month, pitting players from around the world for a total prize pool of at least $8 million.
But don't look for it in Las Vegas or even in a casino, for that matter.
Run from its hub in San Jose, Costa Rica, online poker room ... (read more)
Caesars Upscale Tower Premieres12 August 2005
LAS VEGAS -- For nearly five years, Caesars Palace has operated amid construction walls inside and out as projects aimed at transforming the tired theme property into a premier, upscale resort took shape.
At 5 a.m. this morning, the last of those walls came down as Harrah's Entertainment Inc. ... (read more)
South Coast Resort Faces Staffing Challenges11 August 2005
LAS VEGAS -- With Clark County's unemployment rate hovering at around 4 percent, Kathy Caudell knows her company will face a tough job market when it begins searching for some 2,400 employees to staff the upcoming South Coast resort in southwest Las Vegas.
"But Caudell, human resources director for ... (read more)
'Ho Sale Dispute Spurs Suit8 August 2005
An investor attempting to purchase the Westward Ho hotel and casino is locked in a legal dispute with the property's owners, claiming they breached an agreement to sell the property and let it fall through.
Westward Ho owners are now in negotiations to sell the north-Strip casino to another ... (read more)
'Responsible Gaming' Pushed in AGA Ad4 August 2005
LAS VEGAS -- The American Gaming Association has created its first public service announcement about responsible gambling that will air during broadcasts of World Poker Tour tournaments as well as other gambling-related programming on the Travel Channel -- home to many shows about Las Vegas casinos. ... (read more)
Caesars Purchase Helps Lift Harrah's Quarterly Earnings4 August 2005
LAS VEGAS -- Profit at Harrah's Entertainment Inc. rose 17 percent in the second quarter, boosted by the first two-and-a-half weeks of owning Caesars Entertainment casinos in addition to higher gambling activity at the company's Harrah's-brand properties.
But shares of the world's largest casino ... (read more)
Radio Station Pulls Online Poker Ad4 August 2005
and Richard N. Velotta
LAS VEGAS -- Nevada's leading public radio station is no longer running an advertising spot for an Internet poker room that both the state and federal governments consider to be illegal.
PartyPoker.com, the largest poker room on the Internet, sponsored a traffic report that ran on KNPR in Las Vegas last month. ... (read more)
Mirage Hopes to Tap the Trendy Crowd with New Clubs, Eateries3 August 2005
The Mirage isn't a place where Sean Christie likes to hang out.
Christie, managing partner of an almost-open nightclub at Mirage called Jet, is a nightclub veteran and the marketing muscle behind Light, a Bellagio club that has become a magnet for the hip, beautiful and well-heeled crowd.
"There is ... (read more)
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