Judge in Station Casinos case refuses creditors' request

Nov. 20, 2009

By Cy Ryan

RENO – A federal bankruptcy judge has refused, for the time being, a request by the unsecured creditors of Station Casinos to hire another firm to aid in seeing whether there was any fraud or unsavory dealings in the handling of its finances.

2

Fontainebleau contractors say sales process is flawed

Nov. 20, 2009

By Steve Green

Contractors that claim to be owed $424 million today objected to the Fontainebleau Las Vegas sales process in which Penn National Gaming could pick up the unfinished project for less than $102 million.

5

Two more CityCenter structures earn high green ratings

Nov. 20, 2009

By Amanda Finnegan

Mandarin Oriental and Veers have both reached the high environmental standard, bringing the total of LEED Gold certified facilities to six. Others include Crystals retail district, Vdara, ARIA’s hotel tower and separately, its convention center and theater.

2

Vegas company to pay $1 million to settle Arizona case

Nov. 20, 2009

By Steve Green

Global Cash Access Holdings Inc. of Las Vegas on Thursday disclosed details about its agreement with Arizona gaming regulators, saying it will pay $1 million to settle an investigation involving actions years ago involving the company's founders.

2

SEC sues former gaming exec for alleged insider trading

Nov. 20, 2009

By Steve Green

The Securities and Exchange Commission on Thursday sued former gaming executive R. Brooke Dunn, charging he and a friend were involved in illegal insider trading of the securities of Shuffle Master Inc. of Las Vegas.

5

Station Casinos, lenders agree to rent decrease at 4 properties

Nov. 20, 2009

By Steve Green

Station Casinos Inc. and key lenders have reached an agreement to temporarily slash the rent that Station pays to lease from itself four of its most valuable hotel-casinos.

7

Gaming regulators, manufacturers disagree on computer-code writers

Nov. 20, 2009

By Richard N. Velotta

State gaming regulators and slot machines manufacturers are at odds over how Nevada should monitor independent contractors hired to write computer codes for new or updated machines.

2

LV companies in denial about problem gambling

Nov. 20, 2009

By Richard N. Velotta

If a co-worker has a few too many drinks during an after-work get-together, it’s common for a colleague to take his car keys away. Maybe the colleague or a supervisor would keep an eye on him for other telltale signs of alcohol abuse.

20

Organizers declare Global Gaming Expo a success

Nov. 20, 2009

By Amanda Finnegan

Exhibitors and organizers feared the worst going into the 2009 Global Gaming Expo, but they changed their tone Thursday as the convention came to a close, calling it an overall success. The American Gaming Association reported a 7 percent increase in conference attendees for the first two days of the show compared to 2008, an increase that no one was expecting.

6

Hotels rein in risque advertising campaigns

Nov. 20, 2009

By Liz Benston

Before the recession, ads for Las Vegas resorts appealed to a desire for frivolity and conspicuous consumption with taglines such as, “Some fantasies just don’t work anywhere else,” “Everything in moderation? Yeah, right,” and “Parents gone wild.”

17

Regulators holding off to let court rule in Watanabe case

Nov. 20, 2009

By Jeff German

Back in May, a high roller went public with his allegations that Harrah’s Entertainment not only kept him drunk but provided him drugs to induce his massive gambling losses.

7

Officially, they want to be regulated, but ...

Nov. 20, 2009

By Jeff Haney

The state of the online poker business in America is ... still muddled.

4

Culinary Union statement critical of Station Casinos

Nov. 19, 2009

By Steve Green

The Culinary Union issued a statement Thursday critical of Station Casinos Inc. and called on creditors in its bankruptcy case to demand that Station insiders make a significant equity investment in the company.

15

Creditors want to expand probe of Station Casinos deal

Nov. 19, 2009

By Steve Green

One day before a key hearing in Station Casinos Inc.'s bankruptcy case, a creditors committee has signaled its intention to widen an investigation into the 2007 deal in which the Las Vegas company was taken private for $5.7 billion.

1

Boyd chief: Recession forcing Vegas back to roots

Nov. 19, 2009

By Amanda Finnegan

The recession is forcing Las Vegas to return to its roots as a more value-oriented destination, and that’s not a bad thing, Boyd Gaming President and Chief Executive Keith Smith said. “The town has now evolved back to its original roots,” Smith said Wednesday at the Global Gaming Expo. “I think the industry will continue to evolve and refine itself and eventually find a norm between value and high-end.”

34