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Signs of trouble from slot giant

Twelve months ago, Wall Street analysts never imagined having concerns about International Game Technology. The Reno-based company, which has a large corporate presence in Las Vegas, controls the lion's share of the worldwide slot machine market.

What, him worry? Not Trump

Finalizing the sale of more than 250 condominium units on the Strip since April would seem sufficient, especially during these daunting economic times. When the condos are inside Donald Trump's $1.2 billion Trump International Hotel & Tower and...

Bid for Boyd no more than a rumor

For several days last month, investors thought billionaire takeover artist Carl Icahn was making a run at Boyd Gaming Corp. The reports seemed to make sense. Icahn was flush with cash after selling the Stratosphere and his Nevada casino holdings in...

LV link to Miami going high tech

The reopening this fall of the historic Fontainebleau Hotel in Miami Beach may set the stage for the late 2009 unveiling of the $2.9 billion Fontainebleau Las Vegas. Fontainebleau officials are focused on opening the South Florida resort, which has...

Blackjack win dip? Don't look at us

Maybe those crazy kids from the Massachusetts Institute of Technology held a class reunion. Gaming analysts had trouble explaining why blackjack revenues on the Strip fell almost 18 percent during March. Gamblers wagered $746.6 million on the game,...

MGM Mirage may say 'take two'

MGM Mirage investors may soon be able to double down. Chairman and Chief Executive Officer Terry Lanni said last week the company might consider splitting its nongaming hotel subsidiary into a separate publicly traded operation. The idea may sound...

Sparkle seems off neon for Street

Wall Street has soured on Las Vegas. Gaming analysts are challenged to find nice things to say about the casino industry in light of poor financial performances in numerous markets, including the Strip, where gaming revenues fell more than 3 percent...