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Herbst takes a spin at new slot route

Feb 11, 2003 7:51 AM

Herbst Gaming’s E-T-T is adding 36 new slot outlets around the Las Vegas Valley with its acquisition of Anchor Coin.

Pending approval from the Nevada Gaming Commission, E-T-T will service 1,000 machines in Smiths grocery stores under the name Market Gaming Inc.

The Herbst family, owner of four Terrible’s casinos in Las Vegas, Henderson and Pahrump, will control routes to 8,200 slots statewide. That rivals Alliance Gaming for honors as Nevada’s No. 1 slot route operator.

Though terms of Herbst’s latest acquisition have not been divulged, IGT bought Anchor for a whopping $1.365 billion in July 2001 and then spun off the slot routes.

In other action, the Gaming Control Board:

”¡ Rejected a claim from Francesca Galea Martin that she won $2,889,422 on a Wheel of Fortune game at the Eldorado hotel-casino in Reno. But the board recommended a new hearing for another disgruntled Wheel of Fortune player, Stephanie Kremer. Kremer claims that she was improperly denied a $7,748,687 jackpot at Binion’s Horseshoe. The board recommended that a new hearing officer be appointed to adjudicate the dispute.

”¡ Received a report that Barley’s Casino in Henderson posted its highest revenues in 13 months. "We seem to have turned the corner,’’ said Brian Skagen of the property jointly owned by Station Casinos and the Greenspun family. Skagen credited Bally’s ticket-in, ticket-out system, a slot club and advertising for the turnaround.

”¡ Heard the smallest list of junket representatives in recent memory. Just three reps appeared on last week’s agenda, compared with an average of almost 30 over the past six months.