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In brief: Gaming

9 Oct 2008

IGT settles lawsuit, enters agreement

LAS VEGAS, Nevada -- Slot machine maker International Game Technology settled a pending lawsuit with a gaming equipment rival and then entered a business deal with the company.

IGT will make an $11.5 million investment in Las Vegas Gaming, which will create applications for IGT's server-based gaming systems.

In a joint statement, Las Vegas Gaming committed to introduce all of its future software applications on IGT's server-based software delivery vehicles before, or with, the launch of those applications on its own software delivery system.

Las Vegas Gaming is best-known for operating the linked progressive keno game, Nevada Numbers.

World Market Center shifts event for 2009

Managers of the World Market Center in downtown Las Vegas will shift their annual summer market event to the fall beginning in 2009.

On Wednesday they announced the change of dates and also plans to trim the duration of their twice-annual, industry-only furniture markets from five to four days.

The inaugural fall market will be Sept. 14-17. Future fall markets will run Monday through Thursday and will be timed so they don't conflict with Jewish holidays.

The upcoming winter market hasn't changed. It is scheduled to take place Feb. 9-13.

Circus Circus in Reno to lay off 40 workers

Circus Circus Resort & Casino says it will lay off 40 more employees because of the economic downturn, bringing the total to 60 layoffs this year at the Reno resort.

Circus Circus officials say no more layoffs are planned now. The resort, owned by MGM Mirage Inc., now has a work force of 1,410.

Last week, Fitzgeralds Casino-Hotel in Reno announced it is closing and laying off 475 workers as part of a plan to reopen in two to three years as a boutique nongambling hotel.

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