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Richard N. Velotta Gaming Guru - Page 33Adelson Plans Separate Macau Strip, IPO18 May 2004
As owners of the Venetian opened their $240 million casino in Macau today, another opening -- the opening of bids to begin site preparation work for another project at another Macau location known as the Cotai Strip -- holds even greater potential for the Las Vegas casino company.
Venetian parent company Las Vegas Sands Inc. ... (read more)
Binion's Probe Highlights Responsible Gaming Issue14 May 2004
LAS VEGAS -- Harrah's Entertainment Inc., which prides itself for its work on problem gambling issues, hasn't yet offered comprehensive responsible gaming training to some of the 930 employees at its Binion's Horseshoe property in downtown Las Vegas.
The lack of training was cited Thursday in discussions about an alleged incident under investigation by the state Gaming Control Board. ... (read more)
Alliance Stock Tumbles on Weak Profit Report21 April 2004
LAS VEGAS -- Alliance Gaming Corp., the No. 2 U.S. manufacturer of slot machines, today reported improved earnings for its fiscal third quarter, but fell short of analysts' expectations. Its stock slumped on the news.
The Las Vegas company reported net income from continuing operations of $12.2 million, or 24 cents a share, on revenue of $116.2 million. ... (read more)
Sands Signs U.K. Casino Deals25 March 2004
LAS VEGAS -- The company that built The Venetian in Las Vegas and is building a hotel-casino in Macau is now participating in two hotel-casino projects in deals with two soccer clubs in the United Kingdom.
Las Vegas Sands Inc. on Wednesday issued a statement confirming that it would assist the Glasgow ... (read more)
NCAA Again Checking Up on Las Vegas Sports Books22 March 2004
An executive with the NCAA who was a spectator in several Las Vegas sports books during the opening rounds of the NIT and NCAA basketball tournaments last week says his colleagues probably will be surprised to learn how many different ways there are to bet on a basketball game.
But Bill Saum, ... (read more)
Agency Analyzing Nevada Ad Results11 March 2004
LAS VEGAS -- The Nevada Commission on Tourism has begun seeing results from its first-ever national television advertising campaign -- more than 5,000 responses in less than a month.
Commissioners have begun analyzing early data from the campaign, but cautioned that it's too early to make judgments on ... (read more)
Paramount to Sponsor 'Star Trek' Train8 March 2004
Paramount Parks will extend its "Star Trek" franchise beyond the confines of the Las Vegas Hilton in the spring. Officials disclosed today that Paramount has agreed to sponsor a Las Vegas Monorail Co. train and the Hilton monorail station.
Paramount officials said that the company would ... (read more)
Slot Maker Lets Missouri License Lapse2 March 2004
LAS VEGAS -- A Las Vegas slot machine manufacturer has allowed its casino supplier license in Missouri to expire.
But a spokeswoman for Sigma Game Inc. said the company would soon announce an agreement with a third-party distribution company that already is licensed in Missouri to sell and service Sigma ... (read more)
Aladdin Bosses Pleased Despite $4.1 Million Loss27 January 2004
The Las Vegas Strip's Aladdin hotel-casino, in the midst of a U.S. Bankruptcy Court-approved sale, had a loss of $4.1 million in December, documents filed with the court said.
That compares with a loss of $12.8 million in December 2002, most of which was attributed to an $8.7 million interest ... (read more)
Adelson in Macau Lawsuit26 January 2004
LAS VEGAS -- The owner of The Venetian hotel-casino says an Israeli tourism entrepreneur wasn't the guiding force in the company's efforts to build casinos in Macau.
Sheldon Adelson filed a suit in District Labor Court in Tel Aviv against Moshe Hananel, who said in his own court filing that he helped ... (read more)
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