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Rod Smith Gaming Guru - Page 20Atlantic City Casino Workers Temporarily Extend Pact20 September 2004
The 500-member contract committee of Local 54 of the Hotel Employees and Restaurant Employees union in Atlantic City agreed late Friday to extend its recently expired contract until Oct. 1 while negotiations with gaming companies continue.
In a statement late Friday, the contract committee said it ... (read more)
Nevadan At Work: Joe Brown; President, Jones Vargas20 September 2004
The Las Vegas law firm of Jones Vargas, by any normal measure, is a huge success: the second-largest law firm in the fastest-growing major city in the fastest-growing state in the country.
Ironically, the firm, which has 60 attorneys on its staff, is also a victim of its own success. In days gone ... (read more)
MGM Mirage Ducks IPO17 September 2004
LAS VEGAS -- Defying its own expectations and those of Wall Street, MGM Mirage now expects to
cover its $7.9 billion bet on Mandalay Resort Group entirely with bank borrowing,
saving the company tens of millions of dollars a year in the process.
MGM Mirage President Jim Murren told Wall Street ... (read more)
MGM Mirage Counts on 'Ka' to Boost Profit16 September 2004
LAS VEGAS -- MGM Mirage's new $165 million Cirque du Soleil "Ka" show is expected to boost
the company's profit margins and drive added visitor interest in Las Vegas, industry
insiders said Wednesday.
MGM Grand President Gamal Aziz said his company's total investment, which is more
than the $135 ... (read more)
Gambling Beyond Nevada: Sands Macau Off to Roaring Start15 September 2004
The first American-owned casino in Asia, the Sands Macau, exceeded all expectations with its first two months in operation and laid a foundation for the Las Vegas Sands Corp. to reach its goal of becoming the world's leading high-end casino resort operator, company documents filed with the Securities and Exchange Commission said. ... (read more)
The Strip: A Peek at the Palazzo14 September 2004
With no ground-breaking ceremony and no public fanfare, Las Vegas Sands Corp. has started laying the foundation for the $1.6 billion Palazzo casino resort, company documents filed with the Securities and Exchange Commission said.
In SEC documents filed for its planned $350 million stock offering, ... (read more)
New Owners Plan Hispanic Theme for Castaways13 September 2004
Three local casino operators are betting they can reflag the Castaways at the head of Boulder Highway as La Joya del Sol, complete renovations and reopen it in December, one of the new owners said Friday.
At least that's the goal of MGI Group, a partnership of Randy Miller, Rich Gonzales and Rich ... (read more)
Lessons in Sports Betting Put Some UNLV Officials at Odds13 September 2004
Training courses to bet on football games are really no different from classes in the fine art of Chinese cuisine, or at least that's the word out of the University of Nevada, Las Vegas.
Critics are concerned courses like that could compound addiction issues for problem gamblers and the community, ... (read more)
Nevadan At Work: Steve Bell; Executive Vice President of Human Relations and Administration, Caesars Entertainment13 September 2004
What's the difference between being an assistant men's basketball coach at the University of Connecticut and the chief of administration and human resources at Las Vegas-based gaming giant Caesars Entertainment?
Not much, said Steve Bell, executive vice president at Caesars Entertainment. ... (read more)
Venetian Gets Go-Ahead for Employee Lot9 September 2004
LAS VEGAS -- The Clark County Commission on Wednesday gave The Venetian the go-ahead to build a
temporary remote employee parking lot but extended its role in a long-simmering
dispute between Venetian owner Sheldon Adelson and Steve Wynn.
After a long debate between high-powered attorneys ... (read more)
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