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Wynn dividend raises eyebrows

The timing of a special dividend to investors by Wynn Resorts Ltd. was called into question by a few stock market observers. A day after Barron's panned the stocks of casino companies operating in Macau, Wynn Resorts, which owns the Wynn Las Vegas...

Company's future grows cloudier

Is the death watch on for Progressive Gaming International Corp.? The Las Vegas-based gaming technology provider has to post a $20 million bond while it appeals a $39 million judgment in a federal antitrust case. Last week, Progressive said it had...

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...