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July 24, 2014

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Gaming

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...
Joe McColgan of Wescott Electric Co. in Aston, Pa., shows a roll of bare copper wire like the ones his former employee James Bryan used to steal to sell to scrap dealers to fund a gambling addiction.
With gambling’s rise, the story of one man’s downfall
June 22, 2014
The casino industry argues that the vast majority of people who gamble do so for fun. For every 100 people, gambling experts report, 97 will win some or lose some at the casino without incident. And then there are players like James Bryan ...
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?
Vehicles marked "Tribal Police" and uniformed personnel post themselves at the parking lot entrances of the Rolling Hills Casino in an attempt to shut down its operations in Corning, Calif., Monday, June 9, 2014. The Northern California Native American casino is at the center of a tense tribal dispute.
Tribal dispute prompts judge to ban casino guns
June 20, 2014
A federal judge has banned guns from a Native American casino in Northern California that is at the center of an escalating tribal dispute, citing a potential threat to ...
An exterior view of the Harmon Hotel tower, center, in CityCenter as seen from the Cosmopolitan on Friday, Dec. 20, 2013, in Las Vegas.
MGM Resorts begins yearlong dismantling of flawed hotel tower
June 20, 2014
Crews have started dismantling the structurally flawed Harmon casino tower on the Las Vegas Strip, a process that's been delayed for years as the owner and builder remain locked in a legal battle over the half-finished building. Officials at MGM...
Las Vegas Sands CEO and Chairman Sheldon Adelson speaks during a media briefing with the backdrop of Singapore's Marina Bay Sands on Dec. 21, 2009 in Singapore.
Sheldon Adelson hates email, doesn’t text and wants to stop you from betting online
June 20, 2014
In February, an attack ad titled "Don’t Let the Games Begin" started popping up in online gambling forums. The ad opens on two shadows shaking hands in...
The Revel casino is seen Thursday, Feb. 14, 2013, in Atlantic City.
Lawyer: Revel casino ‘a melting ice cube’ that needs help
June 20, 2014
Atlantic City's Revel Casino Hotel is "a melting ice cube" that needs immediate help to stay open until a buyer can be found, its lawyer told a bankruptcy court judge Friday. The $2.4 billion casino is back in bankruptcy court for...
A computer screen in Atlantic City displays the home page of the PokerStars website, Dec. 11, 2013.
Licensing talks for PokerStars buyer may signal online gaming giant's return
June 18, 2014
A Canadian company buying the PokerStars website will begin licensing talks with New Jersey casino regulators aimed at letting the world's largest Internet poker site operate ...
Valet lanes are empty at Harrah's Tunica casino in Robinsonville, Miss. On June 2, Caesars Entertainment Corp., owners of the gaming facility, closed the doors on Harrah's Tunica. The closure affects a work force of about 1,300 and involves several hotels, a golf course, a convention center and the casino.
With Harrah’s folding, increased competition, ‘Tunica Miracle’ goes bust
June 18, 2014
It was 3:30 p.m. on a Monday in May at Harrah's Tunica Hotel & Casino in northwestern Mississippi. Gamblers were few in number, and dealers stood ready at idle card tables. It was easy to see why Caesars Entertainment Corp. was giving up on the …
A view of the Caesars Palace sports book, March 13, 2012.
World Cup bettors hammering Las Vegas sports books
June 17, 2014
http://linemakers.sportingnews.com/soccer/2014-06-17/world-cup-2014-betting-las-vegas-usa-ghana-result-odds-john-brooks-goal

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Boyd Gaming coverage

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 …
Parking no longer free at these downtown Las Vegas properties
Drivers who enjoyed free parking downtown at Main Street Station or the California now have to reach for their wallets. Boyd Gaming Corp. is charging ...
Boyd Gaming, IGT team on progressive jackpot network in Nevada, New Jersey
Las Vegas-based slot maker IGT this afternoon announced it was rolling out the nation’s first multistate progressive jackpot network. Powerbucks is being released at Boyd ...

Harrah's Entertainment coverage

Clint Holmes sweeps through L.A.: The man is not done yet
Clint Holmes was invited to “Jazz at the Bowl,” as he is very much a jazz singer these days, his continuing evolution as a singer ...
Clint Holmes’ ray of sunshine is a Charles tribute at the Venetian
In his first residency on the Strip since leaving Harrah’s in 2006, Clint Holmes is part of the artistically robust lineup delivering “Georgia On My ...
Strip Scribbles: Miss USA Nia Sanchez of Nevada returns to town July 17-20
For the first time since winning the 2014 Miss USA Pageant in Baton Rouge, La., in June, hometown beauty Nia Sanchez is returning to Las ...

Las Vegas Sands coverage

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 ...
Casino magnate Sheldon Adelson leads charge against online gambling
Suddenly, the curtain of privacy dropped away, and there was billionaire Sheldon Adelson, one of the planet's most reclusive business magnates, taking a decidedly public ...

MGM Mirage coverage

Lady Gaga proves that she’s the ultimate showgirl at MGM Grand
Lady Gaga was the very center of attention during every moment of the first of two Las Vegas shows in her “ArtRave: The ArtPop Ball” ...
Celebrity preview: Lady Gaga, NIN, Soundgarden, Brody Jenner, Miss USA, Jesse McCartney
“Don’t be a drag, just be a queen.” “Head like a hole, black as your soul, I’d rather die than give you control.” “Black hole ...
Weekend best bets: Monty Python, ‘Lipshtick,’ Lady Gaga and Nine Inch Nails
Need cheering up? This weekend’s entertainment options will give you plenty to smile — and laugh — about with an array of comedic theater and ...

Stations Casinos coverage

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 ...
Mercadito offers Mexican cuisine; Chicago hot dog spot arrives without the attitude
The Wiener’s Circle and Mercadito arrive at Red Rock. Henderson awaits opening of the health-conscious Lyfe Kitchen, and Conn brings its appliances, furnishings and electronics ...
Station Casinos ends year strong but still loses $104 million in 2013
Station Casinos, a Las Vegas-based operator of 15 locals casinos in Southern Nevada, reported its fourth-quarter and year-end earnings today.

Wynn Resorts coverage

Celebrity preview: Lady Gaga, NIN, Soundgarden, Brody Jenner, Miss USA, Jesse McCartney
“Don’t be a drag, just be a queen.” “Head like a hole, black as your soul, I’d rather die than give you control.” “Black hole ...
Strip Scribbles: International Beer Day, National Tequila Day, Alibi, Matthew Koma, AVN Novelty Expo
Drink up! On Friday, Aug. 1, partygoers can raise a pint to International Beer Day with an #InstaGuinness party at Ri Ra Las Vegas in ...
Boston mayor: ‘No-win’ situation with Wynn; will boycott arbitration
State gambling regulators are weighing how to respond to Boston Mayor Marty Walsh's refusal to participate in arbitration with Wynn Resorts for a ...

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