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Herbst Gaming
Affinity Interactive, formerly known as Herbst Gaming and Affinity Gaming, is an American private casino and sports betting company based in Paradise, Nevada. It operates eight casinos in Nevada, Missouri, and Iowa, and publishes the ''Daily Racing Form''. History The company traces its roots to 1987, when its predecessor was formed to service the slot machines at the Terrible Herbst gas stations. It was operated by brothers Ed, Tim, and Troy Herbst, whose father, Jerry Herbst, owned the gas stations. Their company later became a slot route operator, maintaining slot machines at other businesses such as taverns and laundromats. The Herbsts opened their first casino, the Terrible's Town Casino in Pahrump, Nevada, in 1996. This was followed by Terrible's Town Casino and Bowl in Henderson, Nevada; Terrible's Lakeside Casino in Pahrump in 1999; and Terrible's Hotel and Casino (formerly the Continental Hotel and Casino) in 2000 near the Las Vegas Strip. In 2000, the Herbsts' slot ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Jackpot Enterprises
Jackpot Enterprises, Inc. was an American gambling machine route operator and casino operator from 1980 to the late 1990s, and had its common stock listed on the New York Stock Exchange (NYSE) with the one-letter ticker symbol "J" from 1987 to 2002. It changed its business focus to become a dot-com company as J Net Enterprises, Inc. during the dot-com bubble, and later became Epoch Holding Corporation, owning an investment management firm. History Gambling operations Jackpot Enterprises was incorporated in Nevada in June 1980 to take over two existing route operators, Cardivan Company and Corral United, Inc. From 1980 to 1995 it also came to acquire majority ownership of Corral Coin, Inc. and Corral Country Coin, Inc. SEC Accession No. 0000351903-95-000016. Jackpot acquired the Owl Club in Battle Mountain on July 1, 1990, and the Nugget in downtown Reno on June 30, 1995. It began its operation of the casino at Debbie Reynolds' Hollywood Hotel and Casino in Las Vegas on June ...
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Chapter 11 Bankruptcy Protection
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ...
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Native American Gaming
Native American gaming comprises casinos, bingo halls, and other gambling operations on Indian reservations or other tribal lands in the United States. Because these areas have tribal sovereignty, states have limited ability to forbid gambling there, as codified by the Indian Gaming Regulatory Act of 1988. As of 2011, there were 460 gambling operations run by 240 tribes, with a total annual revenue of $27 billion. History In the early 1970s, Russell and Helen Bryan, a married Chippewa couple living in a mobile home on Indian lands in northern Minnesota, received a property tax bill from the local county, Itasca County.Kevin K. Washburn"The Legacy of Bryan v. Itasca County: How an Erroneous $147 County Tax Notice Helped Bring Tribes $200 Billion in Indian Gaming Revenue"92 Minnesota Law Review 919 (2008). The Bryans had never received a property tax bill from the county before. Unwilling to pay it, they took the tax notice to local legal aid attorneys at Leech Lake Legal Ser ...
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Great Recession In The United States
The Great Recession in the United States was a severe financial crisis combined with a deep recession. While the recession officially lasted from December 2007 to June 2009, it took many years for the economy to recover to pre-crisis levels of employment and output Output may refer to: * The information produced by a computer, see Input/output * An output state of a system, see state (computer science) * Output (economics), the amount of goods and services produced ** Gross output in economics, the value of .... This slow recovery was due in part to households and financial institutions paying off debts accumulated in the years preceding the crisis along with restrained government spending following initial stimulus efforts. It followed the bursting of the United States housing bubble, housing bubble, the United States housing market correction, housing market correction and subprime mortgage crisis. According to the United States Department of Labor, Department of Labor, rou ...
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MGM Mirage
MGM Resorts International is an American global hospitality and entertainment company operating destination resorts in Las Vegas, Massachusetts, Detroit, Mississippi, Maryland, and New Jersey, including Bellagio, Mandalay Bay, MGM Grand, and Park MGM. The company began operations in 1987 as MGM Grand, Inc. and became MGM Mirage in 2000, after acquiring Mirage Resorts. In the mid-2000s, growth of its non-gaming (lodging, food, retail) revenue began to outpace gaming receipts and demand for high-rise condominiums was surging, with median property prices in Las Vegas twice the national average. The company shifted its focus from owning and operating resorts and casinos to developing and building real estate in the leisure and gaming industry—launching the massive CityCenter mixed-use project, which was at the time of its construction the world's largest construction site and ranks as one of the most expensive real estate projects in history. City Center's development coincided wit ...
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Primm Valley Resorts
Primm Valley Casino Resorts (formerly known as Primadonna Casino Resorts) is a group of three hotel-casinos in Primm, Nevada, along Interstate 15 in Nevada, Interstate 15 at the California state line. They are owned and operated by Affinity Gaming. It is named after the Primm family, benefactors of the hotel and casino properties by Ernest and Gary Primm. The hotels are a popular stop on the drive between Las Vegas Valley, Las Vegas and California. The various hotels are connected across I-15 by both a monorail and a defunct amusement train line that was connected with Buffalo Bill's and Whiskey Pete's. History The hotels were built by Gary Primm and the Primm family at State Line, Nevada, the informal name for the area. The family's history in the area is the reason why it received the official name of Primm. Whiskey Pete's was the first of their hotels. The Primadonna Resort was the second hotel built, and it was later renamed as the Primm Valley Resort. These two hotels are c ...
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Rail City Casino
Rail City Casino (formerly Plantation Casino) is a casino in Sparks, Nevada. It is owned and operated by Affinity Gaming. It contains of gaming space, with 896 slot machines, 7 table games, a keno parlor, and a William Hill race and sports book In the United States, a sportsbook or a race and sports book (sometimes abbreviated as book) is a place where a gambler can wager on various sports competitions, including golf, football, basketball, baseball, ice hockey, soccer, horse racing, .... Dining amenities include the Rail City Ale House and The Buffet & Cafe at Rail City. History The Plantation Casino first sought to open in 1976 as a partnership between John P. Richards; his son, John Leo Richards; and William and Joan Schnack. The state Gaming Control Board initially recommended that the license be denied because of the elder Richards's alleged associations with underworld figures. The casino began operations in 1978. William Schnack, the casino's president, receive ...
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Sands Regency
Sands Regency is a hotel and casino located in Downtown Reno, Nevada. It is owned and operated by Jacobs Entertainment. History The Sands Regency opened in the early 1970s by the Cladianos family, with a small hotel and casino. The hotel tower stood 15 stories and was not in the most prospective area of Reno at that time and even in some regards to this day, but nevertheless it grew. By the late 1970s early 1980s a second tower and more casino space was added. By this time, the company was known as Sands Regent and the hotel's name became "Sands Regency" By the late 1988, a third and final tower had been constructed, giving the hotel a total of 800 rooms, and in the new tower came a parking garage. The new tower was detached from the main two towers but at the same time connected with a link between it and the original towers. The Sands Regency is popular among Reno locals, bowlers and cribbage players, whom they cater to in great numbers. In the mid-1995, Tony Roma's restauran ...
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List Of Smoking Bans In The United States
Smoking bans are public policies, including criminal laws and occupational safety and health regulations, that prohibit tobacco smoking in certain spaces. The United States Congress has not attempted to enact any type of nationwide federal smoking ban in workplaces and public places. Therefore, such policies are entirely a product of state and local laws. In 1995, California was the first state to enact a statewide smoking ban for restaurants. Throughout the early to mid-2000s, especially between 2004 and 2007, an increasing number of states enacted a statewide smoking ban of some kind. As of 2018, the most recent statewide smoking ban is Alaska's, which was signed into law on July 18 and went into effect on October 1. As further detailed in this list, smoking laws vary widely throughout the United States. Some places in the United States do not generally regulate smoking at all, some ban smoking in certain areas and not others, and some ban smoking nearly everywhere, even in ...
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William M
William is a male given name of Germanic origin.Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 276. It became very popular in the English language after the Norman conquest of England in 1066,All Things William"Meaning & Origin of the Name"/ref> and remained so throughout the Middle Ages and into the modern era. It is sometimes abbreviated "Wm." Shortened familiar versions in English include Will, Wills, Willy, Willie, Bill, and Billy. A common Irish form is Liam. Scottish diminutives include Wull, Willie or Wullie (as in Oor Wullie or the play ''Douglas''). Female forms are Willa, Willemina, Wilma and Wilhelmina. Etymology William is related to the given name ''Wilhelm'' (cf. Proto-Germanic ᚹᛁᛚᛃᚨᚺᛖᛚᛗᚨᛉ, ''*Wiljahelmaz'' > German ''Wilhelm'' and Old Norse ᚢᛁᛚᛋᛅᚼᛅᛚᛘᛅᛋ, ''Vilhjálmr''). By regular sound changes, the native, inherited English form of the name shoul ...
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International Game Technology (1975)
International Game Technology PLC (IGT), formerly Gtech S.p.A. and Lottomatica S.p.A., is a multinational gambling company that produces slot machines and other gambling technology. The company is headquartered in London, with major offices in Rome, Providence, Rhode Island, and Las Vegas. It is controlled, with a 51 percent stake, by De Agostini. Italian gambling company Lottomatica acquired Gtech Corporation, a US gambling company, in August 2006, and later changed its own name to Gtech. Gtech managed many state and provincial lotteries in the US and had contracts with local and national lotteries in Europe, Australia, Latin America, the Caribbean, and Asia. In 2015, the company acquired American gambling company International Game Technology and again adopted the acquired company's name as its own. Current holdings With the 2006 acquisition of Gtech, the company increased its global business activities due to a permanent presence of its employees in several countries throu ...
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