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Matthew Crowley Gaming Guru - Page 2SkyVue wheel developer aims to profit despite project not getting off the ground1 December 2015
The SkyVue observation wheel never turned on the south Strip. But Las Vegas developer Howard Bulloch hopes to turn a profit nevertheless. Signs at the site of the never-built wheel, across from Mandalay Bay Resort & Casino, advertise the 38.5-acre land parcel for sale. Las Vegas Stripfront land is rare and a space that size could accommodate a casino project. ... (read more)
Ameristar founder's estate will offer 4.56 million shares17 May 2011
Ameristar Casinos, a Las Vegas-based casino operator, on Monday said the estate of Craig Neilsen has agreed to sell 4.56 million shares of Ameristar common stock in an underwritten public offering.
The estate now owns about 15 percent of Ameristar's outstanding common stock; after the offering, it will own about 0.77 percent. ... (read more)
Company seeking license to operate closed Nevada casino8 April 2011
LAS VEGAS, Nevada -- Intrepid Gaming, a Las Vegas company, said Thursday that it has applied for licenses to operate Casino MonteLago at Lake Las Vegas, which has been closed for about 13 months. In a statement Thursday, Intrepid Gaming said it has started licensing for the property and casino management and that an opening date will come later. ... (read more)
Vegas air traffic finally up28 December 2009
LAS VEGAS, Nevada -- Well, hooray.
In November, for the first time in 21 months, Las Vegas counted a month of increased year-to-year air passenger counts. The month's 0.1 percent uptick in fliers at McCarran International Airport is small, yes. But slightly up is better than down, right?
In November 3,234,705 passengers arrived in Las Vegas, up from 3,232,985 a year earlier. ... (read more)
Macau profit, buyback plan lift Wynn11 July 2008
LAS VEGAS, Nevada -- Wynn Resorts Ltd. on Thursday announced preliminary second-quarter earnings and a stock buyback program. Gains in Macau offset declines in Las Vegas.
Meanwhile, a Chinese newspaper reported that Wynn Resorts may be considering a Hong Kong stock offering to raise up to $3 ... (read more)
Lottery deal gives IGT foothold with Chinese3 May 2007
Las Vegas, Nevada -- International Game Technology, the Reno-based slot giant, on Wednesday announced an alliance with China LotSynergy Holdings Ltd. that will let it gain a foothold in the China lottery market.
In a statement, IGT said it will invest $103 million in China Lot Synergy through shares and a convertible note. ... (read more)
Las Vegas Brand Shiny in '05, Poll Shows30 December 2005
What happens here in Las Vegas, stays here, and, it seems, in the minds of branding arbiters.
Las Vegas ranked among the nation's winningest brands in 2005 and will continue to rank high in the coming year, a survey by two marketing firms published Thursday suggests.
The second-annual Newsmaker Brands ... (read more)
Shuffle Master Earnings Up9 December 2005
LAS VEGAS -- Shuffle Master, a Las Vegas-based manufacturer of automatic card shufflers and other gambling devices, on Thursday said its fourth-quarter earnings rose 30.8 percent from a year earlier.
In a statement, the company said it had net income of $8.5 million, or 24 cents per share, for the three months ended Oct. ... (read more)
Hard Rock Reports Record Earnings9 November 2005
The third quarter burned bright for Hard Rock Hotel Inc. as the company operating the Hard Rock Hotel posted record earnings. But Alliance Gaming, a Las Vegas slot maker, posted a quarterly loss, reversing year-earlier income.
Hard Rock Hotel Inc. can say it loves the nightlife. A $900,000 increase in ... (read more)
Las Vegas Casino Companies Results Down4 November 2005
LAS VEGAS -- Ameristar Casinos, a Las Vegas-based casino operator, on Thursday said its third-quarter net income fell from a year earlier, hurt by construction delays at a casino in Colorado. Meanwhile. Alliance Gaming, a Las Vegas slot maker, said it foresees an operating loss for 2005 and will further ... (read more)
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