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Rod Smith Gaming Guru - Page 30Online Ad Service for Gaming Operators26 April 2004
LAS VEGAS -- Las Vegas-based Lund & Manasse Advertising recently launched a new Web site, designed
to give small gaming operators access to advertising agency-quality posters.
Lund & Manasse President Jennifer Lund said the Web site is a new online service that
allows clients select from more than ... (read more)
Ad Effects, Terrorism Fears Fade26 April 2004
LAS VEGAS -- Fears about terrorism and the city's "What happens here, stays here" ad
campaign are fading as issues in helping visitors decide whether or not to come to
Las Vegas, pollsters said Friday.
MRC Group Research Institute, the largest survey research firm in Nevada, and the Las
Vegas ... (read more)
Analysts Hail Caesars23 April 2004
NEW YORK -- Because of both an unusually high average table hold in its casinos and the strength
of the Las Vegas economy, Caesars Entertainment on Thursday posted record earnings
and beat all Wall Street performance projections.
Caesars reported 2004 first-quarter net income of $79 million, or 25 ... (read more)
Alliance Gaming Disappoints Wall Street22 April 2004
LAS VEGAS -- Alliance Gaming Corp. disappointed Wall Street Wednesday when it announced earnings
for the quarter ending March 31 well below its earlier guidance and analyst
projections.
Deutsche Bank analyst Marc Falcone called the performance a "tough miss"
caused by sluggish slot machine sales. ... (read more)
Station Smashes Profit Forecasts21 April 2004
LAS VEGAS -- Station Casinos on Tuesday posted record first-quarter adjusted earnings of 51 cents a share, an increase of 122 percent over the prior year's 23 cents a share on a comparable basis.
The "rock star" performance blew away Wall Street estimates of its first-quarter revenues, cash flow ... (read more)
MGM Mirage Puts Diversity in Spotlight21 April 2004
Diversity in the gaming industry was the focus of attention again Tuesday as MGM Mirage Chairman Terry Lanni released the company's 2003 diversity report.
Also Tuesday, Caesars Entertainment launched its new procurement Web site to make it easier for minority- and women-owned businesses to do business with the company. ... (read more)
High Times for Bottom Lines; Some Analysts Say Profits Could Spark Boom in Building20 April 2004
To build or not to build, that is a key question facing the gaming industry, analysts said Monday.
Analysts are divided on whether casino companies that are enjoying skyrocketing earnings and stock prices should be pouring more money into new construction.
Some analysts said casino companies ... (read more)
Caesars Entertainment: Working the Web for Diversity19 April 2004
Caesars Entertainment plans to launch a new procurement Web site today that should make it easier for minority- and women-owned businesses to do business with the company.
MGM Mirage, Station Casinos and The Venetian already operate similar Web sites.
Although Caesars Entertainment has previously ... (read more)
Nevadan At Work: Steven Horsford19 April 2004
"Stubbornly driven to serve" barely captures the spirit Steven Horsford brings to Nevada Partners and the Culinary Nevada Partners and the Culinary Training Academy, where he is both president and chief executive officer.
And it's not so hard to understand, given his tough life experience.
He is ... (read more)
Gaming Insiders Unload Stocks16 April 2004
NEW YORK -- Gaming industry insiders sold more than $500 million of stock in their own casino
companies in the first quarter of 2004, cashing in on bonus stock option programs and
peak stock prices, U.S. Securities and Exchange Commission filings show.
"We saw a significant increase in the number ... (read more)
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