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August 1, 2014

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Billionaire James Packer seeking return to Las Vegas

James Packer, executive chairman of Publishing and Broadcasting Limited and Australia's richest person, answers questions after a speech at the Astra Conference on subscription television in Sydney, Australia, on March 15, 2007.

(via Bloomberg)

Comment Bloomberg reports that Australian billionaire James Packer is plotting his return to Las Vegas after losing almost $2 billion during the 2008 credit crisis from ill-timed North America casino investments. Packer, chairman of Australia’s Crown Resorts Ltd., is in talks to develop a Las Vegas Strip resort on land once occupied by the New Frontier after buying a piece of a loan backed by the property, according to people with ...

Could this be the worst beat in poker history?

(via For The Win)

Comment The stakes: $1 million. The hand: Pocket aces. Longtime ESPN poker commentator Lon McEachern called it “the worst beat in the history of tournament poker.” You decide. To see the full story, click here.

Report: White Castle coming to Las Vegas

This June 21, 2004, file photo shows a White Castle restaurant in Columbus, Ohio.

(via Eater)

Comment The foodie website Eater reports that White Castle is coming to Las Vegas and will be located at Casino Royale. Notoriously tight-lipped and privately owned, White Castle had no reaction to Eater Vegas' initial reveal of their Vegas plans. To see the full story, click here.

‘Gestapo’ BLM officers decried in House hearing

(via By Thomas Burr, The Salt Lake Tribune)

Comment The armed standoff between Cliven Bundy supporters and the Bureau of Land Management grew out of continued concern about heavy-handed actions by the federal agency’s law enforcement officials, a Utah county commissioner told a House committee on Thursday. "You may not be aware that much of the support for the rancher by everyday citizens may have resulted from a growing ...

Tyson to present Holyfield for induction into Nevada Boxing Hall of Fame

(via espn.com)

Comment Former heavyweight champions Mike Tyson and Evander Holyfield have come a long way since 1997, when Tyson bit off a piece of Holyfield's ear in the third round and was disqualified in their infamous championship rematch. Over the years, they have put their ill feelings for each other to bed and even appeared in a recent television commercial spoofing the ...

Nationals, UNLV’s Fedde sign deal

(via Washington Post)

Comment The Nationals signed first-round pick Erick Fedde with a bonus worth just over $2.5 million, a deal that softened the blow from the Nationals’ inability to sign their second round pick. To see the full story, click here.

Fearing California condom law, Kink porn studio opens facilities in Las Vegas

(via LA Weekly)

Comment California porn studio Kink.com, which last year came under scrutiny for a condom-free production in which a woman who afterward turned up HIV-positive had performed, said this week that it's opening facilities in Las Vegas. The company, which was investigated by the California Division of Occupational Safety and Health following the August HIV scare, says it's preparing for the possibility ...

Las Vegas’ gamble with dance music

(via The Guardian)

Comment The desert city has always been famous for its casinos. But now there's a new show in town — dance music, with star DJs and superclubs making millions. But will their luck last? To see the full story, click here.

With movement slow, Nats and UNLV’s Fedde will go to deadline

(via cbssports.com)

Comment There's no evidence of movement in talks involving Nationals first-round pick Erick Fedde in recent days, and with the sides having begun pretty far apart, there's some chance Washington won't sign its top pick. This looks like one that will go right down to the deadline Friday, at the very least, and even that's something of a surprise considering the ...

Las Vegas-based gold dealer launches first digital currency backed by bullion

(via Reuters)

Comment U.S. precious metals dealer Anthem Vault Inc said on Wednesday it has launched the first digital currency backed by physical gold, with an aim to increase the use of bullion as an accepted form of electronic money. Las Vegas-based Anthem said it will launch 10 million "INNCoins" backed by 100 grams (3.5 ounces) of gold, with all coins expected to ...

Floyd Mayweather on Ronda Rousey: Who is ‘he’?

(via espn.com)

Comment Whether offensively sincere or simply uninformed, Floyd Mayweather Jr. doesn't think much of the UFC's Ronda Rousey. Mayweather, speaking Tuesday during a stop on his media tour to promote a September rematch with Marcos Maidana, said he "didn't know who he is" when asked about Rousey, repeating it when a reporter sought to clarify what Mayweather had said. To see ...

Canelo Alvarez’s split decision prompts cries for investigation by Erislandy Lara’s camp

(via By Kevin Iole, Yahoo Sports)

Comment Canelo Alvarez hardly covered himself with glory in his split-decision victory Saturday over Erislandy Lara in their non-title super welterweight bout. But Alvarez won the bout, and in boxing, nothing is more important than that. Memories will fade and in a few months, those who weren't impressed with what they saw will forget it. Alvarez will move on to a ...

Sheldon Adelson, Warren Buffett and Bill Gates call for immigration reform

(via The New York Times)

Comment The three of us vary in our politics and would differ also in our preferences about the details of an immigration reform bill. But we could without doubt come together to draft a bill acceptable to each of us. We hope that fact holds a lesson: You don’t have to agree on everything in order to cooperate on matters about ...

Caesars unit said to tap Kirkland & Ellis to lead restructuring talks

(via Bloomberg)

Comment Caesars Entertainment Corp. (CZR)’s largest unit hired law firm Kirkland & Ellis LLP to advise the casino operator on how to reorganize its $17.4 billion of debt, according to a person with knowledge of the appointment. Caesars Entertainment Operating Co. selected the New York-based company after taking pitches from restructuring firms this week, said the person, who asked not to ...

Macau graft agency probes Wynn land deal

The watery entrance of Wynn Macau.

(via Reuters)

Comment Macau's corruption agency said on Friday it is examining a land deal relating to Las Vegas mogul Steve Wynn's upcoming $4 billion casino in the world's biggest gambling hub. The anti-graft body is investigating after the U.S.-based International Union of Operating Engineers asked the Macau government to provide more details on how a little-known company secured rights to land before ...