As reported by the Seattle Post-Intelligencer: “. Morgans Hotel Group Co. has agreed to buy the Hard Rock Hotel & Casino in Las Vegas for $770 million in cash from the property’s founder and chairman .”. The sale of the 647-room hotel and 30,000 square-foot casino on 41 acres near the Las Vegas Strip will […]
As reported by the Times-Picayune: “. In 1991, he was an eager-eyed 24-year-old rookie on the PGA Tour, about to tee it up in the USF&G Classic at English Turn. “. Daly was on his way to a Rookie of the Year season. Five months later, he won the PGA Championship. “Now it’s 15 years, […]
“Ho-Chunk Nation leaders are considering a new casino somewhere in Wisconsin, a spokeswoman said Thursday, and a decision could be made public early next week. “The gaming compact negotiated between the Nation and Wisconsin allows the Ho-Chunk to build a fourth casino, said Katie Matha, spokeswoman for Ho-Chunk President George Lewis. “. The Nation has […]
The Hard Rock Hotel, a pop icon in Las Vegas with its signature neon guitar and concert venue, The Joint, has been sold to New York-based Morgans Hotel Group for $770 million, Hard Rock founder Peter Morton said Thursday. The sale, pending regulatory approval and other conditions, includes the 647-room hotel and 30,000-square-foot casino on […]
Indian gambling officials on Thursday told a House panel that tribal casino regulations should be controlled by agreements between tribes and states, not the federal government. Last month, the Senate Indian Affairs Committee passed a bill by Sen. John McCain, R-Ariz., that would authorize a federal agency — the National Indian Gaming Commission — to […]
Proponents of downtown redevelopment are counting on new hotel-casinos to spice up an entertainment district proposed for Las Vegas’ 61-acre Union Park site. But if local gaming companies’ tepid early responses are an accurate indicator, those hoping for Striplike gaming halls in the shadows of Fremont Street are in for a tough sell. As city […]
Investors and Wall Street analysts had a message Thursday for the management of Las Vegas-based Pinnacle Entertainment. Get out of the bidding for Aztar Corp. After rival gaming company Columbia Sussex Corp. raised the ante for ownership of the Tropicana casinos in Las Vegas and Atlantic City late Wednesday to $2.64 billion, most thought it […]
As reported by the Rocky Mountain News: “A casino bus hit a utility truck head-on Thursday afternoon on Colorado 119 near Black Hawk, triggering a second accident and injuring at least 10 people, two seriously. “Authorities said the drivers of the bus and truck were airlifted to St. Anthony Central Hospital in Denver with the […]
As reported by the QC Times: “Isle of Capri Casinos will expand its gaming offerings in southeast Florida with a $140 million slots parlor at Pompano Park Harness Track. “The project will add 1,500 slot machines to the Pompano Park Harness Track, the only track in the Isle of Capri Casinos’ family. The creation of […]
Mayor A.J. Holloway watched during his first 12 years in office as a booming Gulf Coast casino industry fueled his city’s economic prosperity. Holloway told the opening session of the Global Gaming Exposition Institute on Wednesday at Red Rock Resort that casinos will once again serve as the catalyst to revitalize the small community ravaged […]
Shareholders attending Pinnacle Entertainment’s annual meeting Wednesday didn’t have much to say about the company’s proposed $2.58 billion buyout of Aztar Corp. But company Chairman Dan Lee did. Lee told shareholders that Aztar’s advisers acted in a “sleazy” manner as the price for buying the Tropicana’s parent corporation rose significantly in the weeks after Pinnacle […]
Professional poker player Gavin Smith capped his strong year of play in Season IV of the World Poker Tour by being named the tour’s “Season IV Player of the Year.” Over the past year, Smith reached the final table in three separate $10,000 buy-in World Poker Tour events, including a first-place finish at the 2005 […]
Two of the most successful and established online casino and poker room groups in the online gaming industry have announced plans to create a new Internet super-group. Trident Entertainment Group out of Kahnawake in Canada is in discussions with regard to a proposed merger of its operations into Gibraltar-based Carmen Media Group. This would result […]
Despite accolades from business and community leaders, MGM Mirage executives conceded at their annual diversity program presentation Wednesday that they have a long way to go in building a company and industry that fully reflects American culture. The Rev. Jesse Jackson, speaking from the audience, said MGM Mirage and the audience of 1,500 suppliers, contractors […]