Gaming

IGT executive named to Yahoo board of directors

International Game Technology Chief Executive Patti Hart was elected to Yahoo's board of directors, the Internet company announced Thursday.

24 June 2010
By Amanda Finnegan

Contract dispute pits Wynn Las Vegas against IBM

Wynn Las Vegas LLC on Wednesday sued technology giant IBM Corp. over a $9.7 million contract dispute. Attorneys for Wynn charged in the suit that IBM has tried to overcharge Wynn for use of software.

24 June 2010
By Steve Green

Moody's upgrades gaming industry after 'marked improvement'

The U.S. casino industry may finally have bottomed out. Moody's Investors Service today revised its outlook for the U.S. gaming industry to stable from negative.

22 June 2010
By Steve Green

Gaming supplier Shuffle Master announces promotions

Las Vegas-based gaming supplier Shuffle Master announced today it has appointed longtime executive David Lopez as its chief operating officer.

21 June 2010
By Amanda Finnegan

Has the Rio lost its shine for buyers?

The Rio is the only Harrah's property in Las Vegas that doesn't face Las Vegas Boulevard.

When billionaire Phil Ruffin bought Treasure Island last year, speculation swirled about other Las Vegas hotels that could be sold by cash-strapped casino giants. The name game fizzled, however, as the big corporations chipped away at their massive debts.

21 June 2010
By Liz Benston

NDA now has prime spot to recruit companies to move to Southern Nevada

Matthew Schissler used to ponder moving his company to Las Vegas during his long drives from Southern California to the Las Vegas Convention Center, where he frequently attended trade shows.

18 June 2010
By Richard N. Velotta

Blackjack with poorer payouts making headway in Vegas

Harrah's Entertainment introduced 6-5 blackjack payouts at Harrrah's Las Vegas about five years ago, and the 6-5 games can be found at all of its properties in Southern Nevada.

The payoff for blackjack has dropped at more Las Vegas tables, but the trade-off is that minimum bets for those games are a little lower. In recent months, more than two dozen tables paying 6-5 for blackjacks have surfaced in Las Vegas.

18 June 2010
By Liz Benston

Penn National Gaming gets final approval in Nevada

CARSON CITY – Penn National Gaming has gained a small foot in the door in Nevada and is looking for opportunities to expand in the casino business.

17 June 2010
By Cy Ryan

Station Casinos, Herbst Gaming fight bondholders in bankruptcy cases

Two Las Vegas casino companies are resisting efforts by bondholders to have action in their bankruptcy cases delayed while bondholders appeal adverse rulings.

17 June 2010
By Steve Green

Wynn Resorts cuts 261 jobs, restores 40-hour work weeks

Wynn Resorts laid off 261 people at Wynn Las Vegas and Encore today, calling it an effort to reduce overstaffing. Wynn Resorts Chairman and Chief Executive Steve Wynn said the layoffs account for less than 3 percent of the company's workforce.

15 June 2010
By Amanda Finnegan

Regulators target Las Vegas store owner who sold drug Khat

CARSON CITY – The state Gaming Control Board wants disciplinary action imposed on the owner of a Las Vegas convenience store who sold Khat, an illegal drug, to customers.

15 June 2010
By Cy Ryan

MGM Mirage changes name, now MGM Resorts International

The new MGM Resorts International logo.

Shareholders of casino operator MGM Mirage have voted to change the company's name to MGM Resorts International in a move to emphasize the brand's scope.

15 June 2010
By Amanda Finnegan

Outlook for Las Vegas Sands upgraded to positive

Gaming giant Las Vegas Sands Corp. received a boost today when Standard & Poor's Ratings Services revised its outlook on the company from negative to positive.

15 June 2010
By Steve Green

Gaming exec John Gaughan sued over business loans

Las Vegas gaming executive John Gaughan and one of his companies, Gaughan Gaming LLC, have been sued after allegedly defaulting on loans totaling more than $5.8 million.

14 June 2010
By Steve Green

'Free cocktails?' a dying call at casinos

The quintessential Las Vegas or Atlantic City casino experience comes with card dealers in ties, feather-festooned showgirls and the most coveted amenity: the free drink.

14 June 2010
Julie Carr Smyth, Associated Press
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