Inside Gaming: Sands Hires New Blood, and News from Around the Locals Market

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News from around the country ….

Sands Hires New Head of Venetian and Palazzo

John Caparella, former CEO of Gaylord Hotels, was appointed president of The Venetian Resort-Hotel-Casino and The Palazzo Resort-Hotel-Casino by the Last Vegas Sands Corp. last week. Sands CEO Sheldon Adelson announced the appointment during the company’s first-quarter earnings conference call, during which he also discussed the Sands’ strong performance in Asia.

Caparella’s responsibilities will include overseeing the hotels’ combined 7,000 rooms and the Sands Expo and Convention Center. He replaces former president Rob Goldstein, who was promoted in January to president of global gaming operations.

Caparella most recently worked as a principal at Redmont Hospitality. He also served as an executive vice president and CEO of Gaylord Hotels, a senior executive at Planet Hollywood International, and was a long-time employee of ITT Sheraton.

"John is widely known as a knowledgeable hotel executive with years of experience in virtually every aspect of hotel management," Adelson said. "He is aptly suited to head our operations in Las Vegas and will be a tremendous asset to us int he years to come."

Read more about Caparella at VegasInc.com and Casino City Times.

Mohegan Sun and Accord to Partner on Catskills Project

The Mohegan Tribal Gaming Authority and Concord Associates will work together to build a $600 million casino and racetrack resort in the Catskills. The first phase of the development is scheduled to open in spring 2013, according to TheDay.com, a Connecticut news site. The plan includes 75,000 square feet of gaming floor, 258 hotel rooms, and a racetrack five-eighths of a mile long. The plan is touted as a major step in the revitalization of the Catskills.

Cincinnati Casino Opening Pushed Back to 2013

The Horseshoe Casino Cincinnati opening has been delayed from late 2012 to sometime in 2013, according to a recent announcement by its backers, Rock Gaming LLC and Caesars Entertainment Inc. They blamed Ohio’s regulatory structure for causing delays in financing and construction.

Read more in Cincinnati’s Business Courier.

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*Photo courtesy of Luxuo.com