 | The Gang discusses the most interesting real-money skill games on the Internet, whether it's ever okay to remove the guarantee from a poker tournament and the IRS looking to lower the threshold for taxing casino winnings.
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The IRS's suggestion to reduce the tax threshold from $1,200 to $600 on jackpots for slot machines, keno and table games could cost individual casinos roughly $530,000 per year, according to one Wall Street gaming analyst.
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Less than a week after being removed from consideration for another term as a member Wynn Resorts board, Elaine Wynn announced she was undertaking a costly and potentially nasty proxy fight to retain her seat.
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The company recently named George Markantonis as president and chief operation officer of The Venetian, Palazzo and Sands Expo & Convention Center.
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Orange Capital, which owns 5.9 percent of Pinnacle, said the offer from Gaming and Leisure Properties to acquire the real estate associated with Pinnacle's 15 regional casinos "dramatically undervalues" the company.
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The company is "looking seriously" at the issue surrounding retired company employees who lost their pension checks because of Caesars' Chapter 11 bankruptcy filing.
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The casino will hold a ceremony to celebrate its newly renovated convention space, which includes new flooring, lighting and wall coverings along with upgraded technology.
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The hotel-casino was recently sold to the Las Vegas Convention and Visitors Authority for $191 million.
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Renée West, president of the Luxur and Excalibur and the first woman ever named president of a Strip resort, will retire in April.
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John Grochowski: 
