 Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! Rod Smith Archives
More Strategy Experts
|
Rod Smith Gaming Guru - Page 38Gaming Industry Bonds Notch Yields of 15 Percent20 January 2004
Gaming industry bonds posted yields approaching 15 percent in 2003, even better than their yields the year before but seriously lower than returns from similarly rated bond offerings, analysts said Monday.
Wall Street analysts attributed the softer returns to a mid-course correction in the gaming sector ... (read more)
Downtown Casino: Binion's Deal Still Unsigned19 January 2004
and Jeff Simpson
LAS VEGAS -- Becky Binion Behnen and Harrah's Entertainment Friday were "making substantial progress" in negotiating a final agreement to sell the landmark downtown hotel-casino, a lawyer for Behnen said Friday.
Harrah's spokesman Gary Thompson confirmed that at least one company ... (read more)
Nevadan At Work: Dennis Neilander -- Chairman, Nevada Gaming Control Board19 January 2004
NEVADA -- If you're sitting on the beach at Lake Tahoe this spring and see a small motorboat fly by with a water skier in tow, look again. That might just be Gaming Control Board chairman Dennis Neilander at the wheel or on the skis.
There's nothing he and his wife, Melinda, would rather do during ... (read more)
Binion Deal Unsigned16 January 2004
LAS VEGAS -- Binion's Horseshoe owner Becky Binion Behnen resolved one question Thursday evening
when she issued paychecks to about 425 Culinary Local 226 workers.
Larger questions surfaced, however, with reports from informed sources that she has
failed to sign or discuss a definitive sales ... (read more)
Las Vegas Worker Productivity Up15 January 2004
LAS VEGAS -- Productivity in Las Vegas hotel-casinos surged more than 6 percent immediately after
the Sept. 11, 2001, terrorist attacks and has continued its upward creep for two
years, a local analysis released Wednesday showed.
"Post-Sept. 11, people tightened their belts and now (the gaming ... (read more)
Sale of Horseshoe May Cost Downtown14 January 2004
LAS VEGAS -- The sale of Binion's Horseshoe could prove pivotal to positioning Harrah's Entertainment as the biggest operator in gaming but end up costing downtown Las Vegas a world famous brand and the hallmark World Series of Poker.
Three days after federal marshals forced the Horseshoe's closure by ... (read more)
Online Gambling Ads Draw Scrutiny13 January 2004
The U.S. Department of Justice has been issuing subpoenas in Las Vegas and nationwide to intimidate and discourage publishers and broadcasters from accepting advertising for online gaming sites, media and legal officials said Monday.
"This goes well beyond casinos. It's going to set substantial and important media law. ... (read more)
Big Six Endure Stagnant Cash Flow12 January 2004
LAS VEGAS -- Major Las Vegas gaming operators, faced with wage increases, higher taxes and the war in Iraq, finished 2003 with cash flow virtually unchanged from the year before.
"Generally, the first quarter was the toughest of the four quarters because of the anticipation of the war in Iraq. (The gaming ... (read more)
Schwarzenegger's Gaming Plan Criticized9 January 2004
LAS VEGAS -- California Gov. Arnold Schwarzenegger's plans to expand tribal gaming could further
hurt already struggling smaller markets in Nevada and drive up costs in Las Vegas,
industry experts said Thursday.
The new governor on Wednesday addressed tribal gaming issues for the first time ... (read more)
Sources: FBI Gathered Visitor Information Only in Las Vegas7 January 2004
LAS VEGAS -- Only in Las Vegas did the FBI require all hotel operators to surrender guest lists and airlines to turn over arriving passenger manifests, sources at the U.S. Department of Justice said Tuesday.
The program, which started Dec. 22, a day after Department of Homeland Security Secretary Tom ... (read more)
< Previous 10 Articles | Next 10 Articles > |