Affinity 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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, 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 general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 2 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Native American Gaming
Native American gaming comprises casinos, bingo halls, slots 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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Great Recession In The United States
In the United States, the Great Recession 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. 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 housing bubble, the housing market correction and subprime mortgage crisis. According to the Department of Labor, roughly 8.7 million jobs (about 7%) were shed from February 2008 to February 2010, and real GDP contracted by 4.2% between Q4 2007 and Q2 2009, making the Great Recession the worst economic downturn since the Great Depression. The GDP bottom, or trough, was reached in the second quarter of 2009 (marking the technical end of the recession that is defined by "a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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MGM Mirage
MGM Resorts International is an American multinational hospitality, sports and entertainment company. It operates resorts in Las Vegas, Massachusetts, Michigan, Mississippi, Maryland, Ohio, New Jersey, Macau, Shanghai, Chengdu, Hangzhou and Sanya, including the 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 es ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 were ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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. 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, received a gaming license suspension in 1989 for using counterfeit coins Coin counterfeiting of valuable antique coins is common; modern high-value coins are also counterfeited and circulated. [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sands Regency
J Resort, formerly the Sands Regency Casino Hotel, is a casino hotel in downtown Reno, Nevada. It is owned and operated by Jacobs Entertainment, Jacobs Entertainment, Inc. History The property that is now the J Resort was first opened in February 1965 as the Sands Motor Inn. It was an 80-room motel, developed by Pete Cladianos and his family. An addition was completed in 1970, adding a five-story hotel building with 24 rooms, and a casino with 40 slot machines. The Sands was not in the most prospective area of Reno at that time and even in some regards to this day, but nevertheless it grew. In 1979, the 15-story Regency Tower was added, with 300 hotel rooms and more casino space. In 1985, the property's name was changed to the Sands Regent to settle a United States trademark law, trademark complaint from the Sands Hotel and Casino in Las Vegas. The name was soon changed to the Sands Regency after another complaint was received from the Regent Hotels chain. By 1988, a third and ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 law of the United States, 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 ne ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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William M
William is a masculine given name of Germanic origin. It became popular in England after the Norman conquest 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 or Wil, Wills, Willy, Willie, Bill, Billie, and Billy. A common Irish form is Liam. Scottish diminutives include Wull, Willie or Wullie (as in Oor Wullie). Female forms include Willa, Willemina, Wilma and Wilhelmina. Etymology William is related to the German given name ''Wilhelm''. Both ultimately descend from Proto-Germanic ''*Wiljahelmaz'', with a direct cognate also in the Old Norse name ''Vilhjalmr'' and a West Germanic borrowing into Medieval Latin ''Willelmus''. The Proto-Germanic name is a compound of *''wiljô'' "will, wish, desire" and *''helmaz'' "helm, helmet".Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxfor ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 offices in Rome, Providence, Rhode Island, and Las Vegas. It is controlled, with a 42 percent stake, by De Agostini, which had acquired a majority stake in Lottomatica in 2002. The company began in Italy as Lottomatica. It acquired Gtech Corporation in 2006, with its long history of scandals, and then changed its own name to Gtech in 2013. In 2015, the company acquired American gambling company International Game Technology and again adopted the acquired company's name as its own. In 2025, the company is poised to spin-off its gaming division for a merger with Everi, with the new gaming entity to be majority-acquired by Apollo Global Management, while De Agostini Group retains a minority stake in the new company, which will also acquire the International ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |