Author: Jason Johnson
Steve Wynn, the builder of the Mirage Resorts empire and owner of the Desert Inn hotel-casino on the Strip, today filed for an initial public stock offering with the Securities and Exchange Commission to partially fund Le Reve, a $2.5 billion luxury resort he hopes to open in March 2005 at the Desert Inn site.
The IPO, filed this morning by Wynn Resorts Ltd., Las Vegas, is underwritten by Deutsche Bank Securities (formerly Deutsche Banc Alex. Brown), New York, Bear Stearns & Co., New York, and Banc of America Securities, San Francisco, and Dresdner Kleinwort Wasserstein, New York.
The timing of the initial stock sale and the initial stock price were not listed. The filing projects proceeds of $355 million from the offering.
In addition, Wynn Resorts and its subsidiaries, Wynn Las Vegas LLC and Wynn Las Vegas Capital Corp., will jointly offer $350 million in second mortgage notes.
Curacao – Jackpot Madness (www.jackpotmadness.com), the world’s #1 cash jackpot destination, has paid out the first jackpot on its all-new Progressive CyberStud Poker: an incredible $357,089.04. Last month’s extraordinarily successful launch of 3 unique new progressive games throughout the 60 casino Jackpot Madness network has elevated the current payout total to a record breaking $62,000,000. The recent unveiling of Major Millions, the web’s first true Million Dollar Cash Progressive, promises to keep Jackpot Madness breaking all online gaming records.
The first Progressive CyberStud winner is Lasse S, a European car dealership supervisor who won his jackpot on April 15th on Jackpot City. Since launching a month ago, players all over the world, from over 60 online casinos, have been busy dealing their cards on the unique and exciting new CyberStud Progressive. Hoping to follow in Lasse’s footsteps, thousands of players continued to go back and try again, escalating the jackpot …
Defending Daytona champ merits top spot, Station Casinos’ Roberts says
Even though Dale Earnhardt Jr. was not the dominant driver on the NASCAR Nextel Cup circuit last year, his popularity remains unsurpassed. So it’s no surprise he is the Daytona 500 betting favorite.
The odds are 3-1 on Earnhardt to win Sunday’s season-opening race, with Jeff Gordon on his tail at 4-1.
Station Casinos sports book director Micah Roberts said Earnhardt earned the top spot on the betting board by winning last year at Daytona.
“Dale Jr. has had some really poor qualifying and practice times, and hasn’t looked good, but it’s respectful of what he has done in the past,” Roberts said. “Gordon was smoking in the preseason Daytona testing.”
Dale Jarrett, the polesitter in the 43-car lineup, is an 8-1 choice. Jimmie Johnson, who won last weekend’s Budweiser Shootout to claim the other front-row spot, is 6-1.
The heat appears to be on Manchester United tonight, or more specifically Jose Mourinho.
The club is bigger and richer than Ajax and demands success so winning the Qiu Qiu Terpercaya Europa League against a lesser side is expected at boardroom level.
Louis Van Gaal was given two years and did not deliver so was sacked, Mourinho is well aware.
But the so-called special one has so far failed to apply his Midas touch to the Red Devils since arriving last summer and has even managed to finish lower than Louis Van Gaal did during his two-year reign at Old Trafford.
Mourinho has jettisoned any humour or wit in the past few weeks for earnest seriousness as he has homed in on the Stockholm final for his make-or-break 90 minutes this season.
Fielding below-strength sides should in a perfect world incur a penalty but sympathy for the logic of the …
It was a year ago when the news started to break. Reporters from Korean internet company Newsis traveled to Jakarta to visit a ‘room salon’ and chat with the female staff. The story soon unfolded of how, during the 2007 Asian Cup held that July, four South Korean national team players visited the establishment on two occasions and drank until dawn – once before a vital game against Bahrain and then once after, following the shock 2-1 defeat.
Goalkeeper Lee Woon-jae, defender Kim Sang-sik and Qq Poker Online strikers Lee Dong-guk and Woo Sung-young were the senior members of the squad and the anger and disappointment at home was widespread. The Korean FA acted quickly and banned the quartet from national team duty for a year.
Weeks before the ban ended, a debate started. It asked whether there should be a recall for the foursome for …
Three days, two wins, two days of ridiculous results. Forest took full points from their Easter schedule and complimented it with two more days of fantastic results from elsewhere in League 1, to take sixth place and keep the promotion aspirations very much alive.
This unbeaten run is almost a throwback to the years BC. Dear Brian may he rest in peace… Not that I want to bang on about going ten games without a loss being a amazing turnaround of fortunes (oh yes I do…) but Forests rapid rise into the playoff positions has also had a lot to do with other teams faltering form.
Around the start of the month our task was to claw back seven points in as many games. Discussing this with my Brother, as pessimistic and superstitious as any Forest fan your likely to meet, we thought it to be …
Most, if not all new online poker players are taking advantage of incentives offered by online poker rooms.
Playing online poker is fast becoming the most popular pastime on the internet. Online Poker is an enjoyable and efficient method to test and develop your poker skills against other poker players from around the world. And, if you are talented enough, there is tremendous earning potential in the real money poker games.
Partypoker.com, the undisputed leader in online poker rooms offers new real money players an incentive (anywhere from $25.00 to $100.00 Extra added to the initial deposit) to open new real money accounts. Existing “Play Money” accounts are also eligible for a bonus. One of the premier portals for these incentives and the associated “Bonus Codes” is www.gotbonus.com.
Since launching in 2001, Party Poker quickly became, and remains the fastest growing online poker site in …
As with any profession, there are going to be potential drawbacks. Working in the gaming industry with its typical go-go, party atmosphere is certainly not for everyone. Shy and reserved types should stay away from the larger, chaotic casinos. Prefer peace and quiet? Look elsewhere altogether. So, before you quit your old job and start packing the car, be sure you have a realistic view of all sides of this business, and you are fully aware of what it takes to go the distance.
THE CASINO COMP SYSTEM
Complimentaries, or “comps” as they are called in the business, include free drinks, overnight accommodations and meals, reduced or free airfare, and
other “freebies” given out by the casino. It’s estimated that over $700,000 worth of comps are given away everyday in Las Vegas alone. The bulk of these perks typically goes to those who are betting an …
The outlook for Mexican casino gaming is not good, at least in the near term, meaning the prospect of competition for Las Vegas from south of the border is just about dead.
A congressional committee in the Mexican lower house Wednesday approved a federal gaming and lottery law, but stripped out language legalizing casinos – in effect leaving land-based casino gambling illegal.
That means there won’t be any competition for Nevada from Mexico anytime in the foreseeable future, said Bear, Stearns & Co. analyst Michael Tew.
Wall Street analysts and industry insiders had said Mexican casinos would not represent a competitive threat to Las Vegas’ gaming industry, but lodging industry analysts had said such visitor attractions and the deflection of airline seat capacity to Mexico could affect Nevada.
The committee action also could mean the end to plans by Nevada operators to develop operations in …
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