Henderson News - Page 18

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Penn National officially acquires M Resort

3 June 2011

Penn National Gaming officially acquired M Resort in Nevada on Wednesday after state gaming regulators approved the deal last month.

Station Casinos seeks control of Nevada casino

25 May 2011

Station Casinos asked a bankruptcy court judge in Reno to sign off on its plan to take control of Green Valley Ranch Resort.

Regulators OK new leadership for Casino MonteLago

20 May 2011

The Nevada Gaming Commission on Thursday approved a new management team and company for Casino MonteLago at Lake Las Vegas, which is on its third owner since it opened in 2003.

Station Casinos records narrower loss in first quarter

17 May 2011

Station Casinos Inc. on Monday reported a smaller first-quarter loss compared with last year as revenues generated at the company's 18 local casinos remained stable.

Motions fly in Station Casinos bankruptcy

16 May 2011

Attorneys for Green Valley Ranch Gaming LLC said low-ranking creditors who are challenging the $500 million sale of the Green Valley Ranch Resort in Henderson to affiliates of the Fertitta family should be removed from the case's unsecured creditors committee.

Penn National to take control over M Resort

6 May 2011

Penn National Gaming has been given preliminary approval by the Nevada Gaming Control Board to take over the M Resort.

Experts weigh in on Nevada gaming market recovery

19 April 2011

Despite the fact that regional markets like riverboat casinos in the South and Midwest are recovering, the Las Vegas market is still struggling.

Nevada bill would allow mobile gaming in hotel rooms

6 April 2011

Assembly Bill 294 would allow Nevada resorts to expand the reach of mobile gambling devices to go beyond public areas in casinos and into hotel rooms on the premises.

Fixed-odds wagering takes off, but not in Vegas

5 April 2011

Financial fixed-odds wagering, which was developed seven years ago by Las Vegas-based company Cantor Gaming and Wagering, is illegal in Nevada.

Station reaches deal to keep Nevada property

11 March 2011

Station Casinos has reached a deal with creditors to allow the company to keep the Green Valley Ranch Resort in Henderson.

Gaming Technology Summit Keynotes Announced

9 March 2011

Microsoft, Intel headline Gaming Technology Summit keynotes

Penn National continues to stay busy

15 February 2011

Penn National Gaming began preliminary site work in January on a potential location in New Orleans for a $145 million casino.

Penn National begins M Resort promotion

3 February 2011

Penn National Gaming told investors it has begun marketing the newly-acquired M Resort to its customer database.

Cantor Gaming leading mobile wagering trend

29 November 2010

Cantor Gaming's eDeck platform allows customers to play casino games within areas of a casino's property. The company also introduced in-game wagering at the M Resort in March 2009.

Penn National still pursuing Strip resort

25 October 2010

Despite acquiring the M Resort, Penn National Gaming executives said the company isn't done shopping for a casino on the Las Vegas Strip.

Casinos selling for bargains in Nevada, Atlantic City

18 October 2010

The recession and falling revenues have have devalued casinos. Penn National picked up M Resort's debt for 23 cents on the dollar and will wait out a Las Vegas recovery. Across the country Resorts Atlantic City was sold to gaming veteran Dennis Gomes for $35 million, the lowest price ever paid for a New Jersey casino.

Bank loses millions on Vegas casino

13 October 2010

Lloyds Banking Group take big hit on M Resort Spa Casino loan.

Penn National buys M Resort for $230.5 million

8 October 2010

Regional casino operator Penn National Gaming has acquired the 19-month-old M Resort for $230.5 million

Nevada resort might face sale

17 August 2010

The M Resort might be up for sale after the bank controlling $700 million of the hotel-casino's debt put its stake up for a private auction sale.

Hard Rock Hotel selects new president

26 May 2010

M Resort executive Joseph Magliarditi has been selected as president and CEO of the Hard Rock Hotel in Las Vegas.

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