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Richard N. Velotta Gaming Guru - Page 30IGT Consolidating into One Building31 August 2004
The world's largest slot machine manufacturer plans to consolidate its Southern Nevada operation under one roof.
Reno-based International Game Technology confirmed Monday that it plans to build a 600,000-square-foot building to consolidate operations in nine buildings scattered throughout ... (read more)
Changes Afoot as MAGIC Show Begins30 August 2004
LAS VEGAS -- When the apparel industry rings in the new year in 2005, a new era of competition begins.
Jan. 1 is the date when a World Trade Organization quota system for apparel and textiles is eliminated by 146 member nations, changing several competitive aspects of clothing ... (read more)
Small Properties May Gain From Proposed Mergers25 August 2004
The two pending casino company megamergers destined to change the landscape of the gaming industry have raised the profile -- and the value -- of some of the small, non-corporate properties, some casino executives say.
Executives of some of the independent companies say while they may have a ... (read more)
Aladdin Turns Profit as Licensing Hearing Nears25 August 2004
LAS VEGAS -- The Aladdin hotel-casino, nearing the end of a marathon run in bankruptcy, reported a profit of $3 million in July, according to a filing in U.S. Bankruptcy Court.
Executives for the company planning to take over the 2,567-room Strip hotel will appear before the Nevada Gaming ... (read more)
Aladdin Deal Clears FTC Review18 August 2004
LAS VEGAS -- The acquisition of the Las Vegas Strip's Aladdin hotel-casino by a group headed by Planet Hollywood co-founder Robert Earl has cleared another regulatory hurdle.
A spokesman for the Federal Trade Commission said Tuesday that the acquisition of Aladdin Gaming LLC by BH/RE LLC, an Earl subsidiary, posed no antitrust concerns for the FTC or the U.S. ... (read more)
Vegas Organizations Earn National Marketing Honors17 August 2004
Two Las Vegas tourism entities -- the Las Vegas Convention and Visitors Authority and VEGAS.com -- won prestigious national marketing awards Monday.
The Washington, D.C.-based Travel Industry Association announced its 2004 Odyssey Awards to 11 travel operations, including VEGAS.com for its ... (read more)
Tax Incentive for Konami Gaming Raises Questions13 August 2004
LAS VEGAS -- A company that manufactures and distributes slot machines has won tax incentives to expand its operation in Las Vegas through the state program designed to promote diversity in the economy -- prompting questions as to whether more slot manufacturing is really economic diversification. ... (read more)
Planet Hollywood Restaurant at Issue as Aladdin Takeover Application is Heard11 August 2004
One of the many unresolved questions regarding a partnership's bid to take control of the Aladdin hotel-casino in a few weeks involves the Planet Hollywood restaurant up the street.
A group led by Robert Earl, one of the co-founders of Planet Hollywood Inc., is due to appear before Nevada gaming ... (read more)
Shuffle Master Files Lawsuits Over Patents4 August 2004
Saying the company intends to aggressively defend patent rights on its products, Shuffle Master Inc. filed a pair of lawsuits in U.S. District Court in Las Vegas, including one against a subsidiary of rival Las Vegas gaming equipment manufacturer Alliance Gaming Corp.
The suits were filed July 15 ... (read more)
Ellis Island Sues Over Failed Tuscany Suites Merger3 August 2004
LAS VEGAS -- The merger between the Ellis Island Casino & Brewery and the Tuscany Suites and Casino Resort has been scrapped and Ellis Island's owner has filed suit in Clark County District Court over the abandonment of the deal.
Gary Ellis of Gary Ellis Enterprises Inc. and Fame Operating Co. ... (read more)
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