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TheStreet sees MGM pressing a point

Was there an issue underlying the timing of MGM Mirage's announcement last week that it would build a $5 billion resort in Atlantic City? TheStreet.com reported the company was using the announcement to pressure New Jersey gaming regulators to speed...

Executives exiting Black Gaming

Two executives from Black Gaming resigned recently as Mesquite casino magnate Randy Black Sr. is taking back tighter day-to-day control of the casino company. Chief Operating Officer Jonathan Lowenhar and Vice President of Marketing and Sales Scott...

Olympia Gaming turns eye to Kansas

Las Vegas-based Olympia Gaming is a partner with the Mohegan Indian Tribe of Connecticut and another developer to bid on a potential casino project in Kansas. The group, which calls its project Legends Sun, will compete against Las Vegas Sands Corp...

New title, same Street sensibility

You can take Jim Murren out of Wall Street, but can you take Wall Street out of Jim Murren? Perhaps not. The president of MGM Mirage added a title to his business card last week -- chief operating officer. In the process he relinquished his duties...

No second for Strip, executive says

If it's not the Strip, it doesn't interest MGM Mirage President and Chief Financial Officer Jim Murren. Murren's company owns some 760 acres along the Strip, encompassing 10 casinos and the 76-acre, $7.4 billion CityCenter development. Roughly 200...

Poker, prayer perfect partners

We now know what Jesus thinks. New World Series of Poker champion Jerry Yang, a 39-year-old psychologist from Temecula, Calif., proclaimed his faith in God when he won $8.25 million and the Texas hold'em world championship event at 4 a.m. Wednesday...

W died, but Edge may have new plan

Edge Group's dreams of building a large resort along Harmon Avenue may have new life, a Reuters report from Israel suggests. Israeli-based investment group Africa Israel Investments is heading a joint-venture partnership, which includes a "...

Binion's showing house often loses

The new owner of Binion's would be wise to start enforcing the oldest rule in gambling -- the house always wins. In recent years Binion's, once known for taking any bet, hasn't done much winning. The casino lost $3.3 million in 2006. Terry Caudill,...

What would Sam Boyd think?

Boyd Gaming Corp. Chairman Bill Boyd was asked what his father would think about the company today. Last week, Boyd Gaming broke ground on the $4.8 billion Echelon project on the Strip at the site of the imploded Stardust. Sam Boyd, who died in 1993...

A view to more rooms

The demise of the New Frontier will wipe 984 rooms from Las Vegas' room inventory, the world's largest. Once the Elad Group completes the Frontier's replacement, the result will be a net gain of more than 2,500 rooms on the site. The hotel, along...

Mall developer opens wallet

One of the nation's largest shopping mall companies is doing a little spending of its own in Las Vegas. General Growth Properties of Chicago, considered the nation's No. 2 mall operator, will spend about $600 million when it buys the retail space...