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August 30, 2014

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Gaming

A photo of the River Palms Resort & Casino in Laughlin.
Dotty’s company buys River Palms casino in Laughlin for $6.75M
July 7, 2014
The owners of the Dotty's tavern chain are buying the River Palms casino in Laughlin for $6.75 million in cash. Tropicana Entertainment announced last week that it plans to...
Lottery mystery yields clues to $7.5 million prize
July 3, 2014
Ever notice that instant lottery tickets are consecutively numbered? Ever wonder if those numbers could help in a hunt for riches? They theoretically can, at least in Texas. They helped...
Phil Ivey takes part in the $111,111 One Drop High Rollers No-Limit Hold'em event during the World Series of Poker on Wednesday, June 26, 2013, at the Rio.
Ivey: Atlantic City win was result of skill, not cheating
July 2, 2014
World-famous poker player Phil Ivey says his disputed $9.6 million baccarat win at Atlantic City's Borgata casino was all skill, and is seeking the dismissal of a lawsuit in which the casino accuses him of ...
Caesars turnaround odds hobbled by default-swap volumes
July 2, 2014
http://www.bloomberg.com/news/2014-07-01/caesars-turnaround-odds-hobbled-by-default-swap-volumes.html
How lottery legend from Las Vegas likely used odds, Uncle Sam to win millions
July 2, 2014
http://www.philly.com/philly/news/nation_world/How_lottery_legend_Joan_Ginther_used_odds_Uncle_Sam_to_win_millions.html
This Feb. 15, 2011, file photo shows a promotional screen with the Chinese characters for MGM displayed at the MGM Grand Macau casino resort, in Macau. MGM Resorts reported quarterly earnings on Tuesday, April 29, 2014.
Worst of Macau’s gambling slowdown is seen as over
July 1, 2014
http://news.investors.com/business/070114-706975-las-vegas-sands-other-macau-casinos-see-revenue-drop.htm
Lottery’s ‘luckiest woman’ bet flabbergasting sums on scratch-offs
July 1, 2014
http://www.philly.com/philly/news/nation_world/Lotterys_luckiest_woman_Joan_Ginther_bet_flabbergasting_sums_on_scratch-offs.html
A tram passes in front of Aria during a tour of MGM Mirage's CityCenter project Wednesday, Nov. 18, 2009. Properties in the $8.5 billion project will open next month.
Aria agrees to $100,000 fine for preventing viewing of roulette game
June 30, 2014
The Aria on the Las Vegas Strip has agreed to pay a $100,000 fine for preventing a pair of state gaming agents from observing a high-stakes roulette game that, under state law, must remain open to the public. The law states that...
A nightfall view of Venetian Macau from a Crown Towers suite
Hedge funder says massive heist may have been Macau’s ‘Lehman’ moment
June 27, 2014
http://www.businessinsider.com/macaus-lehman-brothers-moment-2014-6
In this 2010 photo, a baccarat game is shown in the high-limit room at Hard Rock Hotel.
Nevada gaming revenue up 8.1 percent on strong baccarat winnings
June 27, 2014
Nevada gaming revenue was up 8.1 percent from the same month a year ago, propelled largely by big winnings at the baccarat tables, according to the Nevada Gaming Control Board. Casinos won $970.2 million in May, including...
This Oct. 26, 2011, photo shows the Showboat Casino Hotel and its House of Blues nightclub in Atlantic City, N.J.
Caesars says it will close Showboat in Atlantic City
June 27, 2014
Casino contraction hit Atlantic City for the second time this year, as the parent company of the Showboat Casino Hotel announced Friday it will close the Mardi Gras-themed casino on Aug. 31. Caesars Entertainment told The Associated Press on Friday morning the company will shutter the poorest-performing of its...
Atlantic City’s Showboat Casino to announce closing Friday
June 26, 2014
http://www.pressofatlanticcity.com/news/breaking/showboat-casino-to-announce-closing-friday/article_cdec732a-fd88-11e3-a1f8-0019bb2963f4.html
Gary Loveman, chairman and CEO of Caesars Entertainment, attends the official remaining of PH Live to The Axis at Planet Hollywood on Thursday, Dec. 19, 2013, at Planet Hollywood in Las Vegas.
Caesars ready to invest $5 billion in Japan casino
June 26, 2014
Caesars Entertainment Corp., the largest operator of U.S. casinos, said a Japan resort would require at least a $5 billion investment and that it would have no problem financing such a project. “You can typically finance a very substantial portion of...
Joseph Brennen of Ventnor, N.J., logs on to a Harrah's online casino on his laptop from a highway rest area in Egg Harbor Township, N.J. on Thursday, Nov. 21, 2013, the first day of a test of Internet gambling in New Jersey.
Online gambling off to slow start as revenues trickle in
June 26, 2014
State lawmakers who dream of dollar signs from legalized online gambling might want to pause for a moment to consider Delaware, Nevada and New Jersey. As New Jersey Treasurer Andrew Sidamon-Eristoff told state lawmakers this year: "Clearly, the results so far have not met our ...
A computer screen in Atlantic City displays the home page of the PokerStars website, Dec. 11, 2013.
New Jersey starts review of PokerStars buyer
June 24, 2014
New Jersey casino regulators have begun their review of a Canadian company that's buying the PokerStars online gambling website and hoping to get it licensed in ...
Johnny Avello, executive director race & sports operations, poses in the Wynn/Encore sports book Monday, March 26 2012.
With news on LeBron, Las Vegas sportsbooks pull future odds on 2015 NBA titlist
June 24, 2014
http://espn.go.com/nba/truehoop/miamiheat/story/_/id/11128294/las-vegas-sports-books-pull-nba-title-odds-due-lebron-james-opt-decision
A sample poker game is played on the Ultimate Gaming website, in Las Vegas, April 29, 2013. Ultimate Gaming began offering Internet gambling in Nevada in early 2013.
Peppermill-owned casinos join with Ultimate Poker for online games
June 24, 2014
A chain of casinos in northern Nevada is getting into the online gambling business. Peppermill Resorts launched the new online poker partnership on Tuesday with...
Is gambling being spread too far?
June 22, 2014
New opportunities to gamble create new gamblers — and, in turn, new problem gamblers. So is it wise to unleash gambling on every state in the nation rather than contain it to just a few places where it can be controlled?

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Boyd Gaming coverage

Spending war over online gaming rages among Nevada casino companies
Online gaming remains a divisive issue for Nevada casino companies, which are pouring money into lobbying on the issue while they joust over a potential ...
Boyd Gaming sees slight dip in quarterly revenue
Las Vegas-based Boyd Gaming, whose local properties include Main Street Station, Gold Coast and the Orleans, announced its second quarter earnings ...
Boyd to get $88 million tax refund from Atlantic City for Borgata
The Borgata's parent company, Boyd Gaming, announced the settlement Tuesday in a filing with securities regulators. The settlement covers tax years 2011 …

Harrah's Entertainment coverage

Singing, joking and grooving to the end, Cook E. Jarr closes with a flourish at Harrah’s
What is to become of Cook E. Jarr, whose name brings to mind the heyday of Las Vegas lounge schmaltz? He arrived more than 30 ...
‘Defending the Caveman’ star Kevin Burke: My year away from Las Vegas
It’s been a year since Las Vegas and I broke up and I said goodbye to your sweet sexy neon and scenic vistas in infinite ...
‘Million Dollar Quartet’ star Martin Kaye: Nine attractions that I love in Las Vegas
Four years ago, I was plying my trade around the world on cruise ships dreaming of hitting a big stage like the one on which ...

Las Vegas Sands coverage

Spending war over online gaming rages among Nevada casino companies
Online gaming remains a divisive issue for Nevada casino companies, which are pouring money into lobbying on the issue while they joust over a potential ...
Nevada Supreme Court reverses Adelson defamation ruling
The Nevada Supreme Court, in a 4-3 decision, has ruled that casino mogul Sheldon Adelson can be sued for defamation for calling one of his ...
Sands president to retire at year's end; Adelson to remain as CEO
As Michael Leven, president and chief operating officer of Las Vegas Sands, prepares for retirement at the end of the year, CEO Sheldon Adelson says ...

MGM Mirage coverage

LDW celebrity preview: Keith Urban, Nico & Vinz, Jason Derulo, Ed Sheeran, Lil Jon, Puff Daddy
It’s a holiday weekend almost as big as New Year’s and certainly with as many big-name entertainers and star-DJ party people as you would expect ...
NHL says no credibility to report of Las Vegas expansion team
National Hockey League officials today denied a late Tuesday report suggesting Las Vegas is one of four teams in line for ...
N.H. couple hope $2.4 million ‘Lion’s Share’ slot machine will be shipped to them as gift
If Nevada and New Hampshire regulatory authorities permit it, the “Lion’s Share” one-armed bandit that finally paid out its $2.4 million jackpot after 20 years ...

Stations Casinos coverage

Three things we learned about Las Vegas and the gaming industry in the second quarter
Though casinos did mostly well in Las Vegas during the second quarter this year, it wasn’t because of any nationwide gambling surge. In fact, it ...
Station Casinos earnings rise dramatically
Station Casinos, a Las Vegas locals-oriented gaming company whose properties include Green Valley Ranch and Red Rock Resort, announced its second-quarter earnings today.
Ultimate Gaming to run online poker for the El Cortez
The historic El Cortez casino, a holdover from Las Vegas’ mob days, is now lockstep with 21st century gambling. Real-money poker website Ultimate Gaming has ...

Wynn Resorts coverage

LDW celebrity preview: Keith Urban, Nico & Vinz, Jason Derulo, Ed Sheeran, Lil Jon, Puff Daddy
It’s a holiday weekend almost as big as New Year’s and certainly with as many big-name entertainers and star-DJ party people as you would expect ...
New book ‘Remember the Time’ offers different take on Michael Jackson
The King of Pop would be celebrating his 55th birthday Friday if he were still alive and hadn’t died in June 2009. Books have been ...
Celebrity preview: Will.I.Am, Justin Timberlake, Jake Owen, Mario, Counting Crows, Lynyrd Skynyrd
If laughter is the best medicine, we’ll have a lot of very healthy people on and off the Strip this weekend. The kings and queens ...

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