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Richard N. Velotta Gaming Guru - Page 19Landry's Plans Golden Nugget Tower8 September 2005
LAS VEGAS -- The future owners of the Golden Nugget hotel and casino are planning a new hotel tower in downtown Las Vegas.
Tilman Fertitta, chief executive of Landry's Restaurants Inc., said the expansion also would include two high-end restaurants and a 1,200-seat showroom at downtown's largest hotel. ... (read more)
Company Roping in Plans for Rural Resort Developments6 September 2005
A Seattle investment company believes it will hit the jackpot with three rodeo and casino resorts in rural Nevada.
Triad Resorts LLC, whose managing member is a principal with the investment banking firm Capital Access LLC, is moving ahead with a plan to build three four-star resorts in the border towns ... (read more)
ATM Device will Spit Out Tickets Instead of Cash29 August 2005
A Las Vegas company that has cash access machines on the floors of more than 900 casinos is preparing to roll out devices that will print ticket in-ticket out coupons that can be used in slot machines.
Global Cash Access Inc.'s Electronic Debit Interactive Terminal Housing -- known as EDITH -- has been ... (read more)
July Sizzling for McCarran25 August 2005
LAS VEGAS -- McCarran International closed in on a new milestone -- 4 million passengers in a month -- as the city's airport recorded an all-time record in July.
McCarran officials said Wednesday that 3.99 million people used the airport that month, a 7.9 percent increase over a year ago and a total that surpassed the previous record in March of 3.93 million. ... (read more)
Ho, MGM Mirage Deal Should Pass Regulators19 August 2005
When Macau opened up its casino market to foreign investors, no one would have guessed that a Nevada casino operator would end up dealing with casino kingpin Stanley Ho, whose casinos were regarded as a snakepit teeming with violent Chinese organized crime figures and brazen loan sharks and prostitutes. ... (read more)
Las Vegas Room Rates Rise in June12 August 2005
LAS VEGAS -- The average daily room rate in Las Vegas continues to soar, statistics compiled by the Las Vegas Convention and Visitors Authority say.
The June ADR climbed to $92.58, a 15.7 percent increase over the same month a year ago. It was the fifth straight month of double-digit increases. ... (read more)
Macau Week Makes Splash in Las Vegas10 August 2005
Three Las Vegas resorts and the Fashion Show mall have rolled out the red carpet for a large contingent of artisans and government and business dignitaries from Macau hoping to show Southern Nevadans that the city isn't just Asia's premiere gaming destination.
Tuesday was the busiest day of Macau ... (read more)
Casino Memorabilia Showcased5 August 2005
LAS VEGAS -- Like irregular coins that somehow escape from the U.S. Mint, production mistakes garner a lot of the attention at a show like the Casino Chip and Gaming Token Collectors Club.
Just ask Kingman, Ariz., resident Bob Hayden. His collection is full of casino chip "errors," with at least one set that he considers to be priceless. ... (read more)
Gaming Commission OKs Rules for Slot Surveillance29 July 2005
The Nevada Gaming Commission unanimously approved a series of new gaming regulations that shorten the process for modifying surveillance systems, allow slot manufacturers to ship devices out of state to locations that allow gaming and allow slot machines in liquor stores.
There was little debate on the ... (read more)
Analysts: IGT Poised to Expand with Acquisition27 July 2005
International Game Technology will get a new foothold in online gaming without risking its licenses, analysts said today about the Reno company's $90 million acquisition of WagerWorks Inc.
IGT, the world's largest slot machine manufacturer, today announced that it expects to close on the deal by next ... (read more)
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