Gaming

Owner of Treasure Island casino loses $3 million on sale of mansion

Phil Ruffin, owner of Treasure Island, in his office on Wednesday, May 18, 2011.

Treasure Island owner Phil Ruffin has sold a Summerlin mansion at a steep discount, causing him to take a nearly $3 million loss.

Should state take $350 million gamble to settle casinos' comped meals lawsuit?

Dealers train at the Margaritaville casino inside the Flamingo on Friday, Sept. 30, 2011.

For decades, Nevada casinos paid a tax on the meals they “comped” patrons and employees. Gaming is pushing for an agreement with Gov. Brian Sandoval and lawmakers to exempt complimentary casino meals from taxes in future years.

New Mirage president to oversee property improvements

New president for Mirage on Las Vegas Strip brings 25 years of casino industry experience

Judge won't halt attempt to oust Wynn board member

Las Vegas casino mogul Steve Wynn, right, talks with Kazuo Okada during a Gaming Commission hearing Thursday, June 17, 2004, in Carson City, where Okada received approval for a license for his Japanese Aruze Corporation to manufacture and sell slot machines in Nevada.

A Japanese billionaire lost his bid Friday to halt a move by Wynn Resorts Ltd. to oust him from its board.

Ex-San Diego mayor's gambling losses top $1 billion

Former San Diego Mayor Maureen O'Connor acknowledged Thursday in federal court that she misappropriated $2 million from her late husband's charitable foundation due to a gambling addiction in which she won more than $1 billion but lost even more over nearly a decade.

Construction begins at shuttered Sahara

A preview of the SLS Las Vegas resort that will be replacing the iconic Sahara, Tuesday May 1, 2012.

The owners of the shuttered Sahara casino on an aging stretch of the Las Vegas Strip say they're breaking ground on a redevelopment project that will revitalize the resort. Los Angeles-based SBE Entertainment announced Wednesday that it's beginning construction after securing the $400 million needed for the project. The development company says it will reopen the iconic resort that once hosted the likes of Frank Sinatra and Elvis Presley by fall of 2014.

Pinnacle Entertainment reports record revenue in 2012

Las Vegas-based Pinnacle Entertainment reported record revenue in 2012 and will continue plans to close on its deal to acquire Ameristar Casinos this year, a move that would give the company its first Nevada properties.

Trade points for pork: Revamped grocery store casinos offer new games, new promotions

Tina Gonzalez of Las Vegas plays the slots at the Golden Gaming area inside a Vons Supermarket in Las Vegas on Friday, February  1, 2013.

Grocery store gambling is undergoing a major overhaul in the Las Vegas Valley as Golden Gaming prepares to spend millions of dollars renovating all of the region’s supermarket casinos. The company is upgrading 10 gaming parlors this year – a casino at a Vons at South Durango Drive and West Warm Springs Road already is complete – and plans to revamp 70 more locations over the next two years.

Owner of Stratosphere launches free online poker site

The owner of the Stratosphere and Arizona Charlie’s casinos in Las Vegas have become the latest Nevada gaming company to offer free-to-play online poker. American Casino & Entertainment Properties today launched acePLAYpoker.com.

New Jersey casino 1st to have betting via hotel room TV sets

John Forelli, a vice president at the Borgata Hotel Casino & Spa in Atlantic City, demonstrates a new in-room gambling system Monday Feb. 11, 2013. The system will be available to guests starting Feb. 18. The casino says it is the first in the nation to offer this technology, which is says can be expanded to encompass hand-held gambling devices and even Internet betting once it is legalized.

Guests at one New Jersey casino won't even have to get out of bed in order to place a bet. The Borgata Hotel Casino & Spa in Atlantic City said it will become the first casino in the United States to let guests gamble over hotel room TV sets, starting Feb. 18.

Nevada casino revenue hits $10.8 billion in 2012

Nevada casinos collected revenue of $10.8 billion in 2012, up 1.5 percent from the previous year, the state Gaming Control Board reported.

Slot maker WMS reports dip in revenues, earnings

Chicago slot machine maker WMS reported a dip in revenues and stockholder earnings resulting from increased expenses for research and development of interactive gaming products.

Gaming Control recommends extensions for testing online poker software

The state Gaming Control Board conducted its monthly meeting today in Carson City.

Nevada governor urges state lawmakers to clear way for online poker

Gov. Brian Sandoval has asked the state Legislature to act within 30 days on an Assembly bill to allow Nevada to join with other states to offer online poker games.

Gamblers wagered a record-shattering $98.9 million on Super Bowl statewide

Baltimore Ravens quarterback Joe Flacco celebrates with linebacker Ray Lewis after defeating the San Francisco 49ers 34-31 in Super Bowl XLVII at Mercedes-Benz Superdome in New Orleans on Sunday, Feb. 3, 2013.

The crowds that turned out to bet on the Super Bowl yesterday in Las Vegas awed legendary oddsmaker Jimmy Vaccaro. Vaccaro, who’s spent nearly 40 years in the betting industry, had never seen a turnout quite like Sunday’s.