Downtown Las Vegas was the perfect training ground for Phil Madow. Madow’s 24 years in Las Vegas, including 18 years in key executive positions with the Four Queens downtown, prepared him to oversee the Seminole Indian Tribe’s flagship resort.
Casinos & Gaming
Sitting in the lounge of NYY Steak in the newly remodeled Seminole Coconut Creek Casino, Tony Sanchez Jr., took a few moments to ponder a question about the nature of the Seminole Indian Tribe’s relationship with its home state of Florida.
ATLANTIC CITY — Atlantic City’s newest casino, Revel, is opening six weeks earlier than planned — on April 2 — and will be virtually smoke-free throughout the premises.
The Lady Luck’s fortunes may be changing at last. Fifth Street Gaming has big plans for the downtown Las Vegas hotel, shuttered since 2006. And earlier this week, those plans moved closer to reality as the Nevada Gaming Control Board recommended approval of a license for Fifth Street to operate the hotel-casino at Third Street and Ogden Avenue.
Indian tribes that have made billions of dollars from legalized gambling stand the most to lose as gaming migrates to the Internet, experts told Congress on Thursday.
Wynn Resorts Ltd. board member and largest stockholder Kazuo Okada will get his chance to examine normally confidential company documents, but his win comes with a large asterisk.
So, are we back? Nevada’s casino industry posted its second straight annual gaming revenue increase in 2011. Analysts were quick to point out another positive: The results were not totally reliant on high-end baccarat play, the game that has bolstered the industry’s overall performance during the recession.
In a presentation to potential lenders on Wednesday, Tropicana Entertainment Inc. outlined several changes company officials will make at its two Laughlin resorts, including possibly divesting one of them.
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