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Former Mashantucket Pequot Tribal Chairman, Michael Thomas, Found Guilty on Embezzlement Charges
July 24, 2013
July 24--NEW HAVEN -- A federal jury has found Michael Thomas, the former Mashantucket Pequot tribal chairman, guilty of charges he embezzled from the tribe that owns Foxwoods Resort Casino. The federal government had alleged that Thomas embezzled about $100,000 from the tribe through the misuse of a tribe-issued American Express card that was to be used strictly for business purposes. Thomas, 44, declined comment as he left the court room. "We're very disappointed," Thomas' federal public defender, Paul Thomas, who is not related to his client, said. U.S. District Judge Janet Bond Arterton set sentencing for Oct. 22. Thomas will remain
South Florida Hotels Post Strong June Results with Occupancy, ADR & RevPAR Increases
July 24, 2013
July 24--Hotels throughout South Florida posted strong results for June as occupancy and rates climbed compared to a year ago. In Miami-Dade, hotels were about 74 percent full in June, a year-over-year increase of 2 percentage points, according to data released this week by Smith Travel Research. Average rates increased almost 4 percent to nearly $141 a night, and per-room revenue reached $104.40, up 6 percent. Broward hotels reported 71 percent occupancy, an increase of 6.4 percentage points compared to June of 2012. Rates ticked up almost 3 percent to $100 a night and revenue per available room jumped 9.5 percent to $71.03. In the
Borgata Babes Lose Suit Over Weight Bias; Ruling Appearance Policies Don’t Constitute Discrimination
July 24, 2013
July 24--Strict appearance policies for Borgata Hotel Casino & Spa's cocktail servers known as the "Borgata Babes" do not constitute sexual discrimination, a New Jersey court has ruled. Superior Court Judge Nelson Johnson has granted summary judgment in favor of the casino in case brought by 22 cocktail servers who claimed Borgata created a culture of harassment with its dress code for the servers, according to a decision on file at the Atlantic County Civil Courts Building. The women involved in the claim disputed a weight policy prohibiting the servers from gaining more than 7 percent of their body weight after they were hired, am
Sebastopol, California Amends Zoning Laws for Planned 50-room Hotel at Site of Former Apple Cannery
July 24, 2013
July 24--Seeking to capitalize on wine tourism in west Sonoma County, Sebastopol on Tuesday cleared the way for a high-end boutique hotel that reflects the town's quirks and charms. The city council amended the zoning ordinance for The Barlow, a former apple cannery on the city's eastern edge that is being developed as a center for artisanal food makers. A hotel on the site would add much needed hotel rooms and revenue to the west Sonoma County hub. Some opposed the change because its location, next to Laguna de Santa Rosa, is within a flood plain, City Manager Larry McLaughlin said. San Rafael-based Palisades Hospitality, which owns se
Cybersecurity: What You Can do to Keep Your Email, Bank Account and Business Safe
July 24, 2013
July 24--When it comes to cyberspying and computer hacking, it might seem like only large companies and government agencies are at risk of attack. But as cybersecurity pro Chris Coleman sees it, small companies and everyday people should be worried, too. Coleman is president and CEO of Lookingglass Cyber Solutions, a software firm with offices in Arlington, Va., and Baltimore. Cybercriminals regularly go after big players in banking, government and telecommunications, but they also attack small service companies and individuals, who can serve as back-door entrances to their ultimate targets, Coleman said. Coleman recommends everyone rea
Missouri Gaming Regulators Approve Pinnacle’s Acquisition of Ameristar Casinos
July 24, 2013
July 24--Pinnacle Entertainment's acquisition of Ameristar Casinos took a big step forward today as the Missouri Gaming Commission approved the takeover. Commissioners voted 4-0 to approve the change of control to Pinnacle, in which the casino operator can take over the gambling operations of the Ameristar casinos in St. Charles and Kansas City. Missouri is the final state to approve measures required as part of Pinnacle's purchase of rival Ameristar. Pinnacle officials said today they hope to complete the $2.8 billion deal in early August. To satisfy federal antitrust regulators, Pinnacle agreed last month to sell its Lumiere Place cas
Las Vegas Sands Corp. Reports Revenue of $3.24 billion for Q2 2013, Up 25.6% from Q2 2012
July 24, 2013
July 24--Las Vegas Sands, operator of the Venetian and Palazzo resorts on the Strip and properties in Macau and Singapore, reported its second-quarter earnings Wednesday. Company: Las Vegas Sands Corp. (NYSE: LVS) Revenue: $3.24 billion (up 25.6 percent from the second quarter of 2012). Macau revenue was at an all-time record -- $2.07 billion for the Sands China division -- thanks to 14.6 million visitors, a 40 percent increase over last year's second quarter. Table-game win in Macau increased 61.1 percent to a record $929.6 million. Earnings: $540.6 million (up 48 percent from the second quarter of 2012). Gaming revenue was below expec
Hotels to Reimburse Customers in Settlement With State For Price Gouging Post-Hurricane Sandy
July 23, 2013
July 23--Two Atlantic County hotel operators have settled with the state to reimburse customers who were "excessively and unjustifiably" charged for lodging immediately after Hurricane Sandy. These are the first settlements to come from the state's investigation into claims of price gouging at hotels after the storm, according to a statement from the Attorney General's Office today. Infant King Management, LLC, which owns the Howard Johnson Inn, 8029 Black Horse Pike, in West Atlantic City, will reimburse 59 customers a total of $1,183, as well as make a settlement payment of $28,817. The settlement payment includes civil penalties, att