North America News - Page 706

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Aussie outfit makes U.S. inroads

4 August 2014

Aristocrat sent a rumble through the slot machine community on July 7 with its $1.3 billion acquisition of Video Gaming Technologies.

Australian billionaire buys New Frontier site

4 August 2014

The long dormant site was subject of the Strip’s most expensive real estate transaction.

Borgata online gambling operation post Q2 loss

1 August 2014

The Borgata's online gambling operation lost money during Q2 to the tune of $1.8 million.

Revel execs could see bonus if property sells

1 August 2014

Deadline for bids on the Revel is August 4, 2014.

Billionaire Packer linked to key Strip parcel

1 August 2014

Bloomberg News Service reported Thursday that Australian billionaire James Packer had acquired a portion of the loan covering the 34.5-acre site and would consider building a hotel-casino on the land.

Boyd Gaming Corp. profits, revenues decline

1 August 2014

The Las Vegas-based company said Thursday its net income for the quarter that ended June 30 was $700,000, or earnings of 1 cent per share.

Caesars installs separate management in operating entity

31 July 2014

The effort is part of an overall restructuring plan announced in May that eliminated more than $1 billion in debt that was due next year while providing a different ownership structure to pieces of the company.

Bellagio robbery suspect appears in court

30 July 2014

Man who allegedly held up the Bellagio has to be restrained during his first court appearance in Las Vegas.

Nevada 150: The World according to Stupak

30 July 2014

Casino ownership in Las Vegas has attracted its share of characters, from the mob-backed era of the 1960s and 1970s to reclusive billionaire Howard Hughes to the publicly traded corporate titans of today. Then there was Bob Stupak.

Ask the Slot Expert: Why do I lose on slots one day and win the next?

30 July 2014

When is the result of a bonus spin determined? Why is it that you play slots one day and never get ahead but come back the next day and win on every machine you play? Betting advice for a penny slot.

Malaysian businessman charged in betting scheme released

29 July 2014

The wealthy Malaysian businessman authorities say led a World Cup betting scheme in Las Vegas and his son were released late Monday from the custody of federal immigration officials.

Police: Bellagio robber used cash on hookers, clothes

29 July 2014

The man was arrested Saturday night after a valley-wide manhunt and is being held at the Clark County Detention Center without bail.

Affinity Gaming to restructure board of directors

29 July 2014

In a statement Monday, Affinity said the company reached agreement with its lenders over a possible default on a portion of its $382.7 million in long-term debt.

Officials will tap Rat Pack-era memories to market SLS Las Vegas

28 July 2014

Operators of 1,600-room Strip hotel-casino, which opens Aug. 23, aren’t letting memories of the Sahara fade away.

Strip’s gaming revenue robust while regional markets struggle

28 July 2014

Moody’s Investors Service recently downgraded its view of the U.S. gaming market from “stable” to “negative,” putting all the blame on regional gaming destinations where weak results have investors sweating.

Las Vegas police arrest Bellagio robbery suspect

28 July 2014

A man was booked Sunday morning into the Clark County jail as a John Doe after being arrested by police at a resort late Saturday.

Dotty's taverns are simply complex

28 July 2014

Everything making up a Dotty’s — think a grandmother’s house with gambling devices — sits in the warehouse.

Person of interest sought in Bellagio robbery

28 July 2014

Metro’s robbery detectives identified 32-year-old Jesse Jones as a “person of interest” in the incident.

Las Vegas tourism on record pace in June

28 July 2014

The Las Vegas Convention and Visitors Authority on Friday reported 3.46 million visitors to Southern Nevada for the month, a 3.1 percent increase from a year earlier.

Tough sell: Official markets Atlantic City

28 July 2014

Almost daily, headlines concerning the market’s demise appear in the nation’s top media outlets, including The New York Times, Wall Street Journal and Los Angeles Times.

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