gaming
Gaming win up in Nevada, down at Stateline
Submitted by Anonymous on Wed, 01/11/2012 - 2:48pmOn the South Shore, the Gaming Control Board on Wednesday, said the win dropped 7 percent to $14 million. – Lake Tahoe News staff report. Facebook Twitter ...www.laketahoenews.net/.../gaming-win-up-in...
Gaming win up in Nevada, down at Stateline
Submitted by Anonymous on Wed, 01/11/2012 - 1:18pmDespite a drop in Stateline casino gaming revenue in November, the state posted gains. Throughout Nevada revenues jumped 7 percent from November 2010 to November 2011. Casinos brought in $880 million....
Revenues Increase But Major Nevada Casinos Lost $4 Billion In FY2011
Submitted by Editor on Fri, 01/06/2012 - 3:22pmCARSON CITY – Nevada’s major casinos saw total revenues increase to $22 billion last fiscal year, but the 256 properties reported a net loss of just under $4 billion, the Gaming Control Board reported today.
It was the third year of losses in a row. The only other loss since records have been kept came in 2002.
The report, called the Nevada Gaming Abstract, analyzes those casino properties grossing $1 million or more in gaming revenue for the year ending June 30, 2011.
Nevada casinos see their profits, revenue rise in 2011
Submitted by admin on Fri, 01/06/2012 - 11:37amThe Nevada Gaming Control Board released its Nevada Gaming Abstract for 2011 today, which shows profits for Nevada casinos rose 16.4 percent. But for South Shore casinos, profits dropped 72 percent.
Read the report below:
DOJ opinion 'important day' in efforts to legalize
Submitted by Anonymous on Fri, 12/30/2011 - 10:46amBy Karoun Demirjian, Las Vegas Sun. WASHINGTON — A Department of Justice opinion released last week declares that Internet gaming transactions are legal ...www.laketahoenews.net/.../doj-opinion-import...
Nevada approves regulations for Internet poker
Submitted by Anonymous on Sat, 12/24/2011 - 3:44amBy Richard N. Velotta, Las Vegas Sun. The Nevada Gaming Commission approved the nation's first regulations for Internet poker play Thursday, opening the ...www.laketahoenews.net/.../nevada-approve...
Nevada Job Creation Efforts Move Forward With New Economic Development Office
Submitted by Editor on Thu, 12/15/2011 - 7:15pmBy Sean Whaley / Nevada News Bureau
CARSON CITY – Efforts by Gov. Brian Sandoval and state lawmakers to encourage new business creation, relocation and expansion in Nevada took a major step forward today when the Legislature’s Interim Finance Committee approved nearly $3.5 million to fund a new economic development office.
Stateline casino win up in October
Submitted by Anonymous on Fri, 12/09/2011 - 12:25pmTahoe in the fall, the tourists keep coming. The Las Vegas Strip was up 13.3 percent, downtown Vegas up 8.1 percent, and Reno down 12.3 percent, according to the Nevada Gaming Control Board on Friday....
Nevada Tax Collections Remain On Track Despite Gaming Volatility
Submitted by Editor on Thu, 12/01/2011 - 5:46pm
By Sean Whaley / Nevada News Bureau
CARSON CITY – Despite ongoing volatility in Nevada’s gaming industry, strong consumer buying is helping to keep the state’s tax revenues on an even keel four months into the new two-year budget, state officials say.
Nevada Improves Data Collection To Measure Student Achievement, Still Faces Access Challenges
Submitted by Editor on Thu, 12/01/2011 - 5:33pmBy Sean Whaley / Nevada News Bureau
CARSON CITY – Nevada has made significant progress in the collection of the data needed to measure and help improve student achievement, but still has work to do in putting the information to work for parents, educators and policy makers, a national report released today says.
Gaming decline offset by key industries
Submitted by Anonymous on Sun, 11/27/2011 - 6:00amMINDEN, Nev. - A report on the dire state of gaming in Northern Nevada was countered by two areas of positive growth during a business meeting at the Carson Valley Inn in Minden.The annual joint me...
Nevada Governor Orders Transmission Line Construction Assessment For Renewable Energy
Submitted by Editor on Mon, 11/21/2011 - 8:41pmBy Sean Whaley / Nevada News Bureau
CARSON CITY — Gov. Brian Sandoval issued an executive order on Monday directing a state agency and task force to assess the regional market for Nevada’s renewable energy resources.
Economic Diversification Report Provides Roadmap For Nevada Job Creation
Submitted by Editor on Tue, 11/15/2011 - 3:22pm
By Sean Whaley / Nevada News Bureau
CARSON CITY – A report outlining how Nevada can grow and diversify its economy says much more could be done now in the areas of health and medical services, and that clean energy and aerospace/defense are emerging sectors that could bring skilled jobs to the state.
South Shore casinos back to downward slide
Submitted by Anonymous on Fri, 11/11/2011 - 1:51pmSOUTH LAKE TAHOE, Calif. - After two positive months, the casinos at Stateline posted a 14.37 percent loss for September.The main source of Douglas County's gaming revenue, the casinos won $17.1 mi...
Stateline gaming results bring down entire state
Submitted by Anonymous on Thu, 11/10/2011 - 8:58pmThe Carson Valley-Carson City area fared better, but still fell 2.5 percent. Reno, though, came through with 2.6 percent increase. – Lake Tahoe News staff report ...www.laketahoenews.net/.../stateline...
September casino revenue declines
Submitted by Editor on Wed, 11/09/2011 - 8:27amNevada casino winnings declined nearly 6 percent in September over 2010 figures, with South Shore Lake Tahoe down 14 percent, the Nevada Gaming Control Board reports. Carson Valley casinos, which include Carson City, saw a slight decline at 2.54 percent.
Statewide Nevada casinos report a 5.8 percent decrease compared to September 2010.
Governor directs Gaming Policy Committee to focus on technology and web
Submitted by Anonymous on Tue, 11/08/2011 - 10:25amCARSON CITY - Gov. Brian Sandoval will be convening the Gaming Policy Committee to discuss issues related to technology and the modernization of the gaming industry.Speaking at the Gaming Law Confe...
Edgewood investment seen as South Shore Tahoe key to future
Submitted by Editor on Mon, 11/07/2011 - 10:49am
Edgewood Companies’ plan to erect a spacious lodge costing upwards of $100 million represents the most significant private investment at South Lake Tahoe in several decades — and the investment can’t come too soon, say private and government executives who work at South Lake Tahoe. Skimpy capital investment on both sides of the state line means many hotel properties and retail centers have fallen behind other gaming and destination markets, say concerned executives.
Eadington: Technology will continue to change
Submitted by Anonymous on Tue, 11/01/2011 - 4:33pmBy Bill O'Driscoll, Reno Gazette-Journal. Bill Eadington has taught economics for 42 years at UNR, and along the way he's become one of the world's leading authorities on commercial gaming...
MBA program makes Princeton Review’s 'Best' list for fourth time
Submitted by Editor on Mon, 10/24/2011 - 5:26am
By Claudene Wharton
For the fourth year in a row, The Princeton Review has recognized the excellence of the University of Nevada, Reno College of Business in its Best Business Schools guidebook, based on the quality of its MBA Program.
Business confab mixes marketing, gaming
Submitted by Anonymous on Thu, 10/20/2011 - 2:56amCarl Ribaudo, who runs Strategic Marketing Group in South Lake Tahoe and is executive director of Ski Lake Tahoe, will be one of two speakers at a Minden ...www.laketahoenews.net/.../business-confab-m...
Lake Tahoe casinos at Stateline continue winning streak
Submitted by Editor on Tue, 10/11/2011 - 10:30amLake Tahoe casinos at Stateline continued healthy gains this summer, taking in $27.3 million in August, a 16.2 percent increase over 2010 figures for the same month, the Nevada gaming control board reports today.
Nevada’s nonrestricted gaming licensees reported a total “gaming win” of $886,861,912 for the month of August 2011, 6.10 percent decrease compared to August 2010, when licensees reported a gaming win of $944,457,344. Gaming profits in Stateline in August 2010 were 23,518,599.
'The Art of FLIGHT' Screening at MontBleu
Submitted by Editor on Thu, 09/15/2011 - 5:30pm
A new breed of action sports film comes to life as Red Bull Media House, in association with Brain Farm Digital Cinema, present "The Art of Flight," a Curt Morgan film on Monday, Sept. 19 at MontBleu Resort Casino and Spa. Doors open at 6 p.m., with the show beginning at 8 p.m.
Sandoval, Legislative Leaders, Make Appointments To Economic Development Board
Submitted by Editor on Wed, 09/14/2011 - 6:25pmBy Sean Whaley / Nevada News Bureau
Gov. Brian Sandoval and legislative leaders today announced their appointments to the new Economic Development Board, which will focus on job creation and economic diversification.
Stateline casinos see 25 percent revenue increase in July
Submitted by Editor on Mon, 09/12/2011 - 7:27amGood news for South Shore Lake Tahoe casinos to report this morning. Stateline gaming establishments saw a 25.42 percent increase in revenue over July 2010 figures, according to figures released today from the Nevada Gaming Control Board.
Statewide casinos had an overall 3.66 percent increase in "gaming win" for the month.
'Casino Women' tells struggles and triumphs of women working in casinos
Submitted by Editor on Mon, 09/05/2011 - 12:23pm
By Claudene Wharton
A new book written by two University of Nevada, Reno social work professors, is a perfect Labor Day read, giving an in-depth look into the lives of women working in Nevada casinos and serving to remind why the national holiday exists.
New terrain, wider trails and a whole lot of South Lake Tahoe festivities ahead
Submitted by Editor on Thu, 09/01/2011 - 7:48pm
LAKE TAHOE — If another La Nina visits the Sierra this winter – all-time records were approached in 2010-11 with more than 700 inches of snow – Tahoe South ski resorts are ready to roll on another epic season.
Low-profile bus tours important to casinos
Submitted by Anonymous on Tue, 08/16/2011 - 12:03pmRENO, Nev. - Bus tours to regional casinos remain an important revenue stream for gaming properties, casino executives say, even though the number of visitors to northern Nevada who arrive via tour...
Northern Nevada business: Low-profile bus tours important to casinos
Submitted by Anonymous on Mon, 08/15/2011 - 10:10amRENO, Nev. - Bus tours to regional casinos remain an important revenue stream for gaming properties, casino executives say, even though the number of visitors to northern Nevada who arrive via tour...
Drug store, gaming and restaurant slated for former Bill's building
Submitted by Anonymous on Thu, 08/11/2011 - 4:54pmSOUTH LAKE TAHOE, Calif. - Good bye Bill. Hello Dotty.After more than a year and a half, new tenants have been confirmed for the building previously occupied by Bill's Casino.A CVS drug store, a...
Nevada gaming: Stateline casinos see loss as fiscal year ends
Submitted by Anonymous on Thu, 08/11/2011 - 1:00pmCARSON CITY, Nev. - Nevada casinos saw a nearly 16 percent jump in winnings for June, capping the fiscal year with signs that business is beginning to come back.Gaming Control Board Analyst Mike...
