{"id":10546,"date":"2013-03-05T13:44:55","date_gmt":"2013-03-05T21:44:55","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=10546"},"modified":"2013-03-05T13:44:55","modified_gmt":"2013-03-05T21:44:55","slug":"ader-vs-igt-hart-wins-adelson-loses","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/ader-vs-igt-hart-wins-adelson-loses\/","title":{"rendered":"Ader vs. IGT: Hart wins, Adelson loses"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignleft size-full wp-image-8697\" title=\"Hart\" src=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2012\/03\/Hart.jpg\" alt=\"\" width=\"211\" height=\"317\" srcset=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2012\/03\/Hart.jpg 250w, https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2012\/03\/Hart-100x150.jpg 100w, https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-content\/uploads\/2012\/03\/Hart-200x300.jpg 200w\" sizes=\"(max-width: 211px) 100vw, 211px\" \/>This just in &#8230; the long-awaited showdown at the <strong>International Game Technology<\/strong> shareholder meeting has taken place and <a href=\"http:\/\/cdcgamingreports.com\/igt-stockholders-re-elect-seven-board-members-choose-one-backed-by-dissidents\/?doing_wp_cron=1362509560.0769391059875488281250\" target=\"_blank\" class=\"broken_link\">seven of the eight incumbents were re-elected<\/a>, including two heavyweight allies of beleaguered CEO <strong>Patti Hart<\/strong>: former <strong>Harrah&#8217;s Entertainment<\/strong> CEO <strong>Phil Satre<\/strong> and former Nevada governor <strong>Bob Miller<\/strong>. Only director <strong>David Roberson<\/strong> got the boot, with <strong>Ader Investment Management<\/strong> President <strong>Daniel Silvers<\/strong> being elected in his place. Two other <strong>Jason Ader<\/strong>-backed candidates lost. Hart is safe to continue pursuing her innovative or erratic (depending on your perspective) strategies for growing IGT. Ader continues to hold a small position (3%) in IGT stock and now has a foothold in the boardroom, so he&#8217;s not done making mischief by any means. Neither is <strong>Sheldon Adelson<\/strong>, for whose <em>derriere-garde<\/em> efforts to thwart <strong>Internet<\/strong> gambling Ader has acted as a catspaw. In that respect, both men are on the losing side of the war. Adelson is accustomed to being on the wrong end of history by now but Ader still has a chance to salvage his reputation, as opposed to joining the Mossbacked Anachronism Brigade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This just in &#8230; the long-awaited showdown at the International Game Technology shareholder meeting has taken place and seven of the eight incumbents were re-elected, including two heavyweight allies of beleaguered CEO Patti Hart: former Harrah&#8217;s Entertainment CEO Phil Satre &hellip; <a href=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/ader-vs-igt-hart-wins-adelson-loses\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[28,29,37,12,8,38],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/10546"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=10546"}],"version-history":[{"count":1,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/10546\/revisions"}],"predecessor-version":[{"id":10547,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/10546\/revisions\/10547"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=10546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=10546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=10546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}