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Liz Benston Gaming Guru - Page 54

Liz Benston
 
 

Survey: Casinos Shifting to Younger Designs

6 October 2004
Future casinos will be designed primarily with a younger audience in mind rather than for older, more affluent customers, according to an annual survey of design and construction professionals released Tuesday by the American Gaming Association. Customers can also expect to see fewer themes but ... (read more)
 

U.K. Experts Wary of Casino Boom Prediction

5 October 2004
nly a fraction of the 40 or so casino projects proposed so far by U.S. operators and others in the United Kingdom will likely get built if the gambling laws are rewritten as planned to allow more casinos, a group of British experts told casino managers at the Global Gaming Expo in Las Vegas. That's ... (read more)
 

Casinos Remain Cautious of Reality Shows

27 September 2004
LAS VEGAS -- From its June debut up to the final episode of the Fox network reality show "The Casino" last month, the Golden Nugget experienced an increase in business and the kind of publicity that can't be bought. But the display of excess has also served as a cautionary tale for other properties ... (read more)
 

Hard Rock CEO Planning $1 Billion Condo-Hotel

24 September 2004
LAS VEGAS -- The chief executive of the Hard Rock Hotel on Thursday announced plans to build four condo-hotel towers behind the resort at a cost of $1 billion, locking up a key parcel of land for future expansion. The towers would be built on a 24-acre site now occupied by the Paradise Bay Club apartments. ... (read more)
 

MGM Mirage Outlines Profit Potential of Merged Company

22 September 2004
MGM Mirage said a combined MGM Mirage-Mandalay Resort Group entity would have earned a profit of $1.83 per share for the six months ended June 30 compared with a profit of $1.36 per share for MGM Mirage alone -- a result that's better than one expert had predicted. MGM Mirage is expecting to close a ... (read more)
 

Casino Companies Phasing in 'Code of Conduct'

17 September 2004
LAS VEGAS -- Starting this month, many major Las Vegas casinos as well as their sister properties nationwide will post brochures for customers that would have been unthinkable in the early days of legalized gambling, when secrecy and shady business practices were the norm. The brochures list the ... (read more)
 

Terrorism Insurance OK'd for Las Vegas Convention Center

15 September 2004
LAS VEGAS -- The Las Vegas Convention and Visitors Authority on Tuesday authorized the purchase of the first-ever comprehensive policy for terrorism insurance coverage should the convention center be damaged by a terrorist attack. The agency's board of directors unanimously approved spending an ... (read more)
 

LVCVA Settles Employee Lawsuits

10 September 2004
LAS VEGAS -- The Las Vegas Convention and Visitors Authority has settled a pair of lawsuits filed by workers against the agency. One of the suits, filed by 154 workers including groundskeepers, plumbers, security guards, custodians and painters, alleged that the LVCVA failed to grant federally mandated overtime pay from March 2000 to the present. ... (read more)
 

Station Casinos Boosts Outlook for Quarter

8 September 2004
Station Casinos Inc. officials said they expect the company's third-quarter profit to be stronger than expected based on the strength of the Las Vegas economy and revenue growth trends. Performance in 2005 also should be better than anticipated, the company said. In a filing with the Securities ... (read more)
 

Properties Hope Wireless Access Connects With Their Customers

31 August 2004
The latest offering to spread across the Strip isn't as sexy as a nightclub or a swanky lounge but may become just as important to Las Vegas' image as an upscale resort destination. And it costs only about $15 per day. Several hotels in the past few months have begun introducing high-speed ... (read more)

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