Las
Vegas Hard Rock Hotel considers addition of 2,000 rooms
As reported by The
Knight Ridder
Las
Vegas, Nevada --
Times weren't so hard for the Hard
Rock Hotel during this year's second quarter, a period
when business bounced back with such vigor executives
there are reportedly eyeing significant growth opportunities
both new and old.
The
parent company of the trendy Las Vegas boutique hotel-casino
reported solid earnings late Tuesday, and a source said
Wednesday that Hard Rock might soon move to add more than
2,000 hotel rooms and amenities to its resort at the northwest
corner of Paradise Road and Harmon Avenue.
In
addition, Hard
Rock executives hope Harrah's Entertainment's proposed
acquisition of Caesars Entertainment could reopen last
year's missed opportunity to develop a rock 'n' roll-themed
casino on tribal land near San Diego.
Hard
Rock late Tuesday reported quarterly earnings of $650,000
during the three-month period ended June 30. That figure
was substantially better than a year ago, when a $4.2
million refinancing charge pushed the company to lose
more than $2.9 million, Hard Rock Vice President and Chief
Financial Officer Jim Bowen said.
Quarterly
revenue improved to $41.2 million, up 18 percent from
last year's $34.9 million. Cash flow jumped to more than
$11 million compared with $8.9 million a year ago.
"It
was just overall a great quarter, very busy," Bowen
said.
Mikohn
Launches New
Poker Table Game
Las
Vegas, Nevada - Mikohn Gaming Corporation, a leading
provider of diversified products and services used in
the gaming industry worldwide, has launched a new proprietary
table game -- Texas Hold 'Em Bonus(TM) Poker.
Based
on the "live" poker game Texas Hold 'Em, Mikohn's
newest table game with patented side bets will bring a
new level of excitement to the table game pit or poker
room.
Mikohn's
Executive Vice President of Sales Bob Parente stated:
"The resurgence of interest in the game of poker
as a result of the multitude of tournaments and televised
events makes the introduction of Texas Hold 'Em Bonus(TM)
Poker a natural. With its similarities to regular Hold
'Em, we expect Texas Hold 'Em Bonus(TM) Poker to attract
both poker and table game newcomers, as well as cater
to regular poker players waiting for a seat in the poker
room."
An
enticing "kicker" to the game is that Texas
Hold 'Em Bonus(TM) Poker permits the player to make a
Bonus Jackpot side bet, that will add a new dimension
of excitement for the players.