Nevada News - Page 393
Harrah's rumors in Macau called nonsense
3 February 2010
Melco Crown CEO Lawrence Ho said that rumors of Harrah's Entertainment's investment in his company are "total nonsense."
Wall Street finds IGT boss's outlook too conservative2 February 2010
Wall Street was happy that IGT has reduced its expenses, but the investment community believes the company is being too conservative in its projections for 2010.
New York ties helped Navegante win Aqueduct deal2 February 2010
New York Gov. David Paterson ended a bidding process and awarded the 30-year Aqueduct contract to Navegante Group over competing bids from four other groups.
Harrah's may be breaking into Macau2 February 2010
A gaming analyst said that the gaming giant is "acutely interested" in buying a 32.5 percent stake in Melco Crown Entertainment, which owns City of Dreams and the Altira Macau.
PokerStars gears up for February2 February 2010
PokerStars will be traveling around the world in February, with tournaments in England, Uruguay and the United States.
Reno area casinos' loyalty programs up ante to attract locals1 February 2010
Reno Sparks casinos are increasing customer loyalty programs and perks.
Harrah's ordered to hand over bettor's documents1 February 2010
A judge ordered Harrah's Entertainment to turn over documents related to a high-roller accused of bouncing checks totaling $14.75 million at two casinos.
Effel adds flair to flourishing tournament1 February 2010
Jack Effel became World Series of Poker's tournament director in 2007 and his role is expected to increase this year following the departure of commissioner Jeffrey Pollack.
Northern Nevada's woes likely to expand1 February 2010
Casino revenues in Reno and the Lake Tahoe area have been decimated for almost three years due to the recession and competition from Northern California.
Gaming stocks see a January jolt1 February 2010
Seven of the 10 publicly traded casino operators and slot machine manufacturers charted by Applied Analysis saw an increase in their average daily stock price.
Navegante Group wins Aqueduct bidding1 February 2010
A partnership that includes the Las Vegas-based Navegante Group was selected to build and operate a casino at the Aqueduct Race Track in New York City.
Brugnara pleads guilty to filing false tax returns29 January 2010
Luke Brugnara, the former owner of the Silver City Casino who emerged as a bidder for the bankrupt Fontainebleau, has pleaded guilty to filing false tax returns.
Vegas has plenty of props for Super Bowl29 January 2010
There are a variety of prop bets available for next Sunday's Super Bowl and the Las Vegas Hilton offers more than 330.
Judge rejects propsal between Station and lenders29 January 2010
A bankruptcy court judge denied a proposal to give independent lenders access to information about Station Casinos' restructuring negotiations.
MGM Mirage, chamber reconcile to battle budget29 January 2010
With a sagging ecomomy Nevada's revenue plummeting, MGM Mirage and the Las Vegas Chamber of Commerce have called an end to their seven-year separation.
Bankruptcy exit near for Herbst Gaming29 January 2010
Herbst Gaming will emerge from bankruptcy next week but it may take up to a year to determine the makeup of the casino company and slot machine route operator.
Icahn lands a Las Vegas bargain28 January 2010
Billionaire investor Carl Icahn's earned one of Las Vegas's best bargains when he was named the winner of the auction for the bankrupt Fontainebleau Las Vegas.
Bally earnings 'relatively flat' in latest quarter28 January 2010
The Las Vegas-based slot machine maker reported net income of $33.3 million in the last quarter compared with an income of $33.6 million a year earlier.
Elaine Wynn could land on Forbes 40027 January 2010
A report in Forbes Magazine says that Elaine Wynn’s divorce from Steve Wynn could land her a spot on the next Forbes 400 list.
Slot company WMS reports 11 percent increase in income27 January 2010
Slot machine manufacturer WMS Industries reported a nearly 11 percent increase in net income for the second quarter.
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