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October 22, 2014

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Steve Green

Story Archive

Bank hits Las Vegas casino supplier with fraud lawsuit
Monday, Oct. 8, 2012
For at least the third time, Las Vegas-based casino supplier Galaxy Gaming Inc. or its CEO have been sued over allegations they hid assets to avoid paying debts owed to creditors.
Loose lips can result in litigation
Monday, Oct. 8, 2012
In virtually every industry, disclosing confidential information is a no-no. Still, disputes occasionally erupt when employees leave to work for a competitor.
‘When a position opens up, virtually everyone in town knows about it’
Monday, Oct. 8, 2012
Despite an ongoing tight national job market, casinos nationwide are hiring. Regional casinos also are hiring, but the most sought-after jobs are in corporate strategy, and most of those are in Las Vegas.
Why gaming executives regularly shuffle among companies
Monday, Oct. 8, 2012
Executive hiring in the gaming industry can resemble a game of musical chairs, though notable exceptions show there’s always room for newcomers. For the most part, executives seem to move seamlessly to new companies and casinos as situations arise where their knowledge of gaming’s unique practices and regulations can be tapped.
This week’s stock performers: The best and the worst locally
Friday, Oct. 5, 2012
The owner of airline Allegiant Air this week announced the formation of Allegiant Systems, a joint venture with AvIntel and Lixar IT focusing on airline industry automation.
Las Vegas Mob Experience developer hit with class-action investor lawsuit
Thursday, Oct. 4, 2012
Legal problems are growing for Jay Bloom, founder of the old Las Vegas Mob Experience tourist attraction at the Tropicana hotel-casino. On Thursday he was hit with two potential setbacks.
Cannery gets another boost from Wall Street
Thursday, Oct. 4, 2012
Las Vegas-based Cannery Casino Resorts LLC has received another boost from Wall Street after successfully refinancing its debt. Standard & Poor's Ratings Services boosted its corporate credit rating on the company from "B-" to "B" after Cannery closed on $590 million in new senior secured credit deals.
Missing Righthaven attorney surfaces, airs grievances about company
Wednesday, Oct. 3, 2012
A Righthaven LLC copyright lawsuit attorney who has been missing in action for seven months resurfaced Wednesday and publicly aired his grievances about his experience with the company.
3 casino operators get initial approval for online poker within Nevada
Wednesday, Oct. 3, 2012
Three more Nevada casino operators received initial approval today to offer online intrastate poker.
Gary Loveman: Fontainebleau will likely become Carl Icahn's 'scrap metal liquidation effort'
Wednesday, Oct. 3, 2012
A few years back, casino giant Caesars Entertainment Corp., or at least its investors, were rumored to be looking at buying the stalled and unfinished Fontainebleau casino-resort project on the Las Vegas Strip.
Caesars plans 'next great nightclub experience' atop Bill's Gamblin’ Hall
Property also to undergo room renovations, company says
Wednesday, Oct. 3, 2012
Caesars Entertainment Corp. is working on plans to refurbish its small Las Vegas Strip property Bill’s Gamblin’ Hall & Saloon, which an executive says will be the site of a high-profile nightclub.
Las Vegas Sands, Caesars singing different tunes at G2E
Wednesday, Oct. 3, 2012
Las Vegas-based casino operators Caesars Entertainment Corp. and Las Vegas Sands Corp. face remarkably different financial issues.
National Labor Relations Board sides with Culinary Union against Station Casinos
Tuesday, Oct. 2, 2012
The National Labor Relations Board today found Station Casinos of Las Vegas violated federal labor law in dozens of instances in its response to Culinary Union organizing efforts.
MGM exec named among top 100 in corporate America
Tuesday, Oct. 2, 2012
Uptown Professional Magazine has named MGM Resorts International executive Phyllis James to its 2012 list of the top 100 executives in corporate America.
Boyd Gaming emerging as a technological leader in social and online gaming
Tuesday, Oct. 2, 2012
As Boyd Gaming Corp. racks up awards for the online, mobile and social media features of its casino customer loyalty club, the Las Vegas company appears poised to be a force in the emerging social and online gaming sectors. It regularly beats out much bigger companies, both in and out of the gaming industry.
Religious, progressive groups join fight against Wynn tip-sharing mandate
Tuesday, Oct. 2, 2012
The legal battle over tip-sharing at Wynn Las Vegas is turning into a community free-for-all, with religious and progressive groups and another union weighing in against the policy.
New union website critical of Caesars Entertainment
Monday, Oct. 1, 2012
The union behind the old casinoleaks-Macau website has turned its attention to Caesars Entertainment Corp. of Las Vegas with a new site called Caesars-Insider.

https://www.lasvegassun.com/community/press-releases/273/
http://www.caesars-insider.com/
http://www.macaudailytimes.com.mo/macau/38335-sudden-shut-down-of-casinoleaks-macau-com.html
Woman involved in casino cheating ring sentenced to three years in prison
Friday, Sept. 28, 2012
The woman behind the notorious Tran Organization casino cheating ring was sentenced to three years in prison on Friday.
This week’s stock performers: The best and the worst locally
Friday, Sept. 28, 2012
Even as the broader stock market fell this week, most big Las Vegas casino and gaming supply company stocks rose. The biggest gainer locally was Bally Technologies Inc.
Bankruptcy judge says Lynyrd Skynyrd restaurant to stay closed
Friday, Sept. 28, 2012
The Lynyrd Skynyrd BBQ and Beer and American Burger Works restaurants at the Excalibur hotel-casino in Las Vegas will remain closed after a court hearing Friday.
Lynyrd Skynyrd restaurant group sues Excalibur to reverse eviction
Friday, Sept. 28, 2012
The bankrupt and closed Lynyrd Skynyrd BBQ & Beer and American Burger Works restaurants are suing the Excalibur hotel-casino on the Las Vegas Strip in a bid to reopen. A lawsuit filed in U.S. Bankruptcy Court in Las Vegas on Thursday says the jointly-managed restaurants were effectively evicted Wednesday.
Lynyrd Skynyrd BBQ, sister restaurant out at Excalibur
Thursday, Sept. 27, 2012
The Lynyrd Skynyrd BBQ & Beer restaurant and its sister establishment, American Burger Works, both at the Excalibur, closed Wednesday and their owners filed for bankruptcy protection.
Deal for 4,000 gaming devices boosts Bally profit forecast
Tuesday, Sept. 25, 2012
Analysts hiked their profit forecasts Tuesday for Bally Technologies Inc. of Las Vegas after the company said it signed contracts to sell or lease more than 4,000 video gaming terminals in Illinois over the next two years.
Bally to provide online poker system for Stratosphere, sister casinos
Monday, Sept. 24, 2012
Las Vegas-based casino supplier Bally Technologies Inc. today said it signed a deal to provide its online gaming platform to the Stratosphere and its sister properties in Southern Nevada.
Righthaven foe says cases are key to free speech
Monday, Sept. 24, 2012
Las Vegas attorney Marc John Randazza likes a good fight — particularly if it involves free speech and the First Amendment.
Las Vegas lawyer’s clients include porn sellers and Chinese news service
Monday, Sept. 24, 2012
Las Vegas attorney Marc John Randazza sues copyright infringers one day and defends them the next. “There’s nothing wrong with doing both sides of copyright cases,” Randazza said.
Judge dismisses Dotty's slot parlor lawsuit against Clark County
Friday, Sept. 21, 2012
A federal judge on Friday threw out the Dotty’s tavern and slot parlor chain lawsuit against Clark County, ruling county commissioners have broad powers to regulate such locals’ gaming establishments.
Wynn Resorts disputes regulatory claim of dissident board member
Friday, Sept. 21, 2012
Wynn Resorts Ltd. is disputing a key argument by dissident Wynn board member Kazuo Okada as Okada presses to be reinstated as the company’s largest shareholder. As he heads toward an October court showdown with Wynn Resorts, Okada has challenged the company’s move in February to redeem his shares and replace them at a 30 percent discount with a $1.9 billion note.
This week’s stock performers: The best and the worst locally
Friday, Sept. 21, 2012
Full House Resorts saw its stock jump 17 percent this week to close at $3.70, while Caesars Entertainment Corp.'s fell 9.2 percent to $6.87. Four of the largest casino operators saw their stock prices fall this week.
Wynn Resorts makes Fortune's list of fastest-growing U.S. companies
Thursday, Sept. 20, 2012
Even as its key board members jockey for position with multiple lawsuits, Wynn Resorts Ltd. is the only Nevada firm on Fortune magazine's new list of the nation's 100 fastest-growing companies.
Three more Nevada online poker licenses approved
Thursday, Sept. 20, 2012
The Nevada Gaming Commission today approved licenses for three more companies to participate in the state’s new online intrastate poker industry. Licenses were issued for slot machine maker WMS Industries Inc. and casino operator American Casino & Entertainment Properties LLC.
Adelson among five Nevadans on Forbes list of 400 richest Americans
Thursday, Sept. 20, 2012
Five Nevadans appear on the new Forbes 400 list of the richest people in America, though some of the local gaming titans saw their fortunes decline because of reductions in their companies' stock prices.
Judge revives action in forgotten Righthaven case
Wednesday, Sept. 19, 2012
A federal judge is refusing to let Righthaven LLC off the hook, reviving action in one of its cases Tuesday after saying it "fell through the cracks."
Wynn returns fire on Okada over shareholder letter
Tuesday, Sept. 18, 2012
Casino resort owner Wynn Resorts Ltd. fired back Tuesday at board member Kazuo Okada in their dispute over whether Okada can make nominations to the Wynn board. Okada issued an open letter to shareholders Monday as part of a regulatory filing in the dispute.
Imperial Palace getting new name: The Quad Resort & Casino
Monday, Sept. 17, 2012
After 33 years as the Imperial Palace, the Las Vegas Strip resort will become the Quad Resort & Casino, Caesars Entertainment announced today. The Quad will be the gateway to Caesars’ new Linq retail and entertainment district. As part of the resort’s transformation, improvements will be made in phases to the exterior façade, porte cochere, front desk, bell desk, hotel lobby, casino floor, retail promenade and dining levels. The resort will remain open during construction that will continue through next year.
Okada releases shareholder letter critical of Steve Wynn
Monday, Sept. 17, 2012
Heading toward a court showdown, Japanese billionaire Kazuo Okada today released a letter to Wynn Resorts Ltd. shareholders criticizing Chairman and CEO Steve Wynn. The Wynn board of directors has canceled Okada’s $2.9 billion stock position and replaced it at a 30 percent discount with a $1.9 billion note.
Attorneys use ruling from 1601 in fight about mob artifacts
Monday, Sept. 17, 2012
Attorneys for the opposition to Las Vegas Mob Experience developer Jay Bloom are using an English court ruling from centuries ago to try to disprove what they call nonsensical and fraudulent legal claims he has made in a case about mob artifacts.
This week’s stock performers: The best and the worst locally
Friday, Sept. 14, 2012
Boyd Gaming stock rose 14.5 percent for the week to close at $7, while Allegiant Travel stock fell close to 3 percent to close at $64.49.
Judge fines Las Vegas Sands $25,000 for failing to disclose information in lawsuit
Friday, Sept. 14, 2012
A state judge on Friday fined Las Vegas Sands Corp. $25,000 for failing to disclose that key information in a fired executive’s lawsuit had been transferred from China to the United States.
Builder says CityCenter spinning story of flawed Harmon tower to influence potential jurors
Friday, Sept. 14, 2012
The builder of the flawed Harmon on the Las Vegas Strip says hotel owner CityCenter has improperly engaged expert “spin doctors” to influence potential jurors in an upcoming trial over construction defects and unpaid bills there.
Mandalay Bay executive promoted to Monte Carlo position
Friday, Sept. 14, 2012
MGM Resorts International announced Friday that it promoted a Mandalay Bay executive to general manager of the Monte Carlo hotel-casino. Patrick Miller succeeds Anton Nikodemus, the former president of the Monte Carlo who was promoted to president of MGM Resorts casino marketing in August.
Analysts look favorably on MGM Resorts financing deal
Friday, Sept. 14, 2012
A new financing deal by MGM Resorts International is a positive for the casino-resort company, analyst said Friday.
Settlement OK'd in suit involving planned Elvis Presley resort
Thursday, Sept. 13, 2012
A settlement has been reached in a lawsuit over a failed real estate investment that would have included an Elvis Presley-themed casino resort on the Las Vegas Strip.
Derek Stevens: Five of my favorite things
Thursday, Sept. 13, 2012
Casino owner Derek Stevens is putting his stamp on downtown Las Vegas. Stevens is co-owner and CEO of the newly rebranded D Las Vegas (formerly Fitzgeralds) and has owned the Golden Gate Hotel & Casino since 2008.
Cannery Casino Resorts' financial outlook improves
Wednesday, Sept. 12, 2012
Moody's Investors Service has shifted its outlook to positive on Cannery Casino Resorts LLC of Las Vegas thanks to a new financing deal and expectations that Cannery will continue to be profitable on a cash flow basis.
Casino supply company exec countersues former employer
Wednesday, Sept. 12, 2012
A Las Vegas casino supply company executive accused of misappropriating trade secrets has countersued his former employer.
Tropicana closes its poker room
Tuesday, Sept. 11, 2012
The Tropicana closed its 17-month-old poker room Tuesday, apparently after facing tough competition from other casinos. The closure was reported by Anthony Curtis’ Las Vegas Advisor website, and it was confirmed late Tuesday by the Tropicana.
Las Vegas-based casino industry supplier sues former exec
Monday, Sept. 10, 2012
Las Vegas-based casino industry supplier Gaming Partners International has sued a former sales executive, accusing him of misappropriation of its trade secrets.
Financial analysts welcome Station Casinos' proposed debt deal
Monday, Sept. 10, 2012
Las Vegas locals gaming operator Station Casinos LLC received a thumbs-up Monday from Wall Street analysts for its latest financing deal.
Worldwide demand for Shuffle Master products boosts quarterly profit
Monday, Sept. 10, 2012
Gaming supplier Shuffle Master Inc. reported a higher quarterly profit Monday as casinos worldwide bought and leased more of its card shufflers and slot machines.

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