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Rod Smith Gaming Guru - Page 17CityCenter at Center Stage for Strip15 November 2004
LAS VEGAS -- With its announcement last week of an 8,000-room "urban village" in the heart of the Strip, MGM Mirage is moving boldly where no casino company has gone before to define the future for Las Vegas and the gaming industry, industry insiders and analysts said Friday.
MGM Mirage Chairman ... (read more)
Mixed Results for Gaming Stocks1 November 2004
Gaming stocks went their separate ways in October, with Boyd Gaming Corp. shares up 21 percent, closing at $33.49 Friday, to lead the pack and Alliance Gaming Corp. down 37 percent, closing at $9.25, to trail the market segment.
On average, however, gaming stocks continued recovering from their ... (read more)
Striking Atlantic City Workers Taking Fight Overseas1 November 2004
A delegation of striking casino workers from Atlantic City will meet with major service unions in London next week to warn them that major American gaming companies are hostile to worker benefits and unions, union officials said Friday.
The trip is also a sign that union workers striking seven ... (read more)
Wynn Las Vegas: Let The Hiring Begin1 November 2004
Curtains up. It's showtime at Wynn Las Vegas.
With design work done, financing complete and shell construction wrapping up, the $2.5 billion project becomes operational Monday when it starts hiring an expected 9,000 line employees, developer Steve Wynn said.
"We've passed the tipping point," he said. ... (read more)
Job Center Ready for Slew of Applicants1 November 2004
Wynn Las Vegas goes operational Monday with the opening of its employment center and what is thought to be the largest Internet recruiting program ever, anywhere.
"The employment center is the heart and soul of the whole project," developer Steve Wynn said. "It's about hiring the right people and ... (read more)
Casinos Accused of Labor Offenses29 October 2004
ATLANTIC CITY, New Jersey -- With 10,000 casino workers going into the fifth week of their walkout in Atlantic
City, union officials escalated hostilities Thursday by filing about 200 unfair labor
practices complaints against the four affected companies with the National Labor
Relations Board. ... (read more)
Exterior Work on Caesars Tower Complete27 October 2004
Caesars Palace wrapped up core construction Tuesday on its new $289 million luxury hotel tower, hoping to lure enough added guests to boost casino play and profit margins to historic levels.
Part of a $376 million expansion, the resort's 26-story, 949-room Augustus tower is expected to generate ... (read more)
Nevadan At Work: Lorenzo Creighton; President, Flamingo Las Vegas25 October 2004
Lorenzo Creighton, president of the Flamingo Las Vegas, is the king of the hill at the joint Bugsy Siegel started half a century ago, a casino he wouldn't even have been allowed to enter back when the mob was still in charge.
Creighton points out that Lena Horne sang in the Flamingo's show room but couldn't stay in the hotel as a guest. ... (read more)
Satre Regarded as Top Exec21 October 2004
LAS VEGAS -- The announcement Phil Satre will retire as chairman of Harrah's Entertainment closes
out a distinguished and colorful career in the gaming industry.
Gary Loveman, Harrah's president and Satre's successor as chairman, joked Wednesday
that the retirement will leave Satre free to pursue fish, fowl and small species of
all kinds. ... (read more)
Harrah's Las Vegas, Atlantic City Union Issues May Intensify21 October 2004
LAS VEGAS -- The simmering confrontation between Culinary Local 226 and Harrah's Entertainment's
more than 10,000 striking casino workers in Atlantic City is far more likely to
intensify than end any time soon, union and company executives said Wednesday.
The striking union bartenders, cocktail servers, housekeepers, porters, food servers
and counter servers walked off their jobs Oct. ... (read more)
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