Gaming

MGM Resorts employees volunteer more than 113,000 hours

Students line up for free books following a celebration, sponsored by MGM Resorts International, recognizing the achievements of about 500 high school students at MGM Grand Thursday, May 31, 2012. The event highlighted the impact of the Reclaim Your Future initiatives implemented by CCSD through the support of community partners, volunteers and staff. The initiatives assist students whose attendance, credits or proficiency exam results put them at risk not to graduate.

Gov. Brian Sandoval recognized MGM Resorts International for contributing more than 113,000 volunteer hours to Las Vegas last year. The effort was worth more than $2.1 million, according to Independent Sector, an organization that calculates the value of volunteer work.

What happens when a gambler thinks he wins and the casino says he didn't

Dan Healy and his wife Margaret Healy try their hand at winning Megabucks at Sunset Station. Megabucks is a progressive dollar slot machine, which means that the more money people put in, the bigger the jackpot gets. Jackpots hit have ranged from $7 million to $39 million.

Most people who spend time playing slot machines have stories about the jackpot that got away. The symbols on the reels line up, then at the last second, one moves. Or the symbols line up but the necessary number of credits weren’t played — even though the player has been betting the maximum all day. Or the catch-all: There must have been some kind of glitch with the machine.

Wheel of Fortune, Michael Jackson, Megabucks take top slot spot

Gene Gabaldon puts a few dollars on a Megabucks machine at the South Point Casino on Friday, Feb. 13, 2009.

Wheel of Fortune, Michael Jackson and Megabucks ended last year as the top performing slot machines, a quarterly survey of casino operators showed.

Pennsylvania cements spot as nation's No. 2 gambling market

Beverage server Christa Evanko delivers drinks at the Mohegan Sun at Pocono Downs casino in Wilkes-Barre, Pa.

Gross revenue from Pennsylvania's 11 casinos rose 4.4 percent last year to more than $3.1 billion, further cementing the state's status as the second-largest U.S. gambling market as the Atlantic City market saw another decline.

PokerStars parent firm wants to buy N.J. casino

In this March 13, 2012, file photo, Michael Frawley, chief operating officer of the Atlantic Club, poses in front of the Atlantic City casino. The parent company of PokerStars, the online gambling site, wants to buy the Atlantic Club, and has asked New Jersey casino regulators for permission.

An Internet gambling company wants to buy Atlantic City, N.J.'s Atlantic Club casino and says it's ready to pump money into it to help prop up the seaside gambling resort.

Pessimistic about poker

Casino industry representatives and exhibitors watch an online poker game during industry's G2E conference, Tuesday, Oct. 4, 2011, in Las Vegas.

It was clear as the “fiscal cliff” deadline closed in on federal lawmakers last month that there was no way an online poker bill would reach the floor of the Senate for a vote. It was a disappointing way to end the year for millions of poker players who believed there was a slim chance for Congress to act on legislation that most Nevadans believe is a no-brainer to legalize an activity that already occurs and could provide badly needed revenue for federal coffers.

Nevada casino revenue down 11 percent in November

Nevada casinos suffered their worst month of 2012 in November with gross winnings plunging 11 percent compared to the same month the previous year. Revenue on the Las Vegas Strip fell 12.8 percent with big declines in baccarat, slot machines and sports betting.

Riding high, MGM Resorts eager to devote some TLC to its Las Vegas properties

The Bellagio on the Strip.

MGM Resorts International is off to a flying start in 2013, filling all its hotel rooms for the International Consumer Electronics Show, anticipating a big burst of activity for the Year of the Snake and nailing down plans to put a half-billion dollars in improvements into its Las Vegas properties. And, on top of that, executives learned early Wednesday that they had cleared another hurdle in the process to build a second resort in the world’s most lucrative gaming market, Macau.

Sale of 3 Northern Nevada casinos recommended for approval

The state Gaming Control Board conducted its monthly meeting in Las Vegas today.

MGM Resorts offering free Wi-Fi at Las Vegas casinos

The Bellagio is among eight MGM Resorts International casinos on the Las Vegas Strip that will be offering free Wi-Fi

MGM Resorts International will be offering free Wi-Fi at eight of its resorts on the Las Vegas Strip, the company announced today.

Fahrenkopf stepping down as head of American Gaming Association

American Gaming Association President and chief executive Frank Fahrenkopf speaks during the Global Gaming Expo (G2E) at the Las Vegas Convention Center on Wednesday, Nov. 17, 2010.

The president and CEO of the American Gaming Association, Frank Fahrenkopf, is leaving his position at the end of June, the gaming industry lobbying group announced Monday.

Panelists warn lawmakers about the challenges of online gambling

As the prospect of passage of federal legislation legalizing online poker play continues to dim, several states are looking to move independently to offer various forms of Internet gambling. But panelists in Sunday’s closing session of the National Council of Legislators from Gaming States had cautionary advice for lawmakers.

Legalized sports wagering elsewhere might not affect Nevada much

Race and sports book director Johnny Avello checks the screens at the sports book at Wynn Las Vegas on Wednesday, May 4, 2011.

Lawmakers from across the country are contemplating whether it’s worthwhile to move into a domain that’s been almost exclusively Nevada’s since 1949 — legalized sports wagering.

How Las Vegas can re-emerge as world's top gaming locale

A dark rain cloud hangs over the Las Vegas Strip, April 8, 2009.

Las Vegas, hammered by the Great Recession much the way Houston was devastated by the oil bust after several boom years, can retain its position as the center of the gaming industry if the state’s policymakers invest in intellectual capital.

Caesars' eastern boss Rockin' Don stepping down

Don Marrandino, left, and Rick Mazer talk with Las Vegas Sun columnist John Katsilometes during an interview at the Flamingo. Marrandino will be leaving his post as president of five Harrah's hotels on the Strip and heading to an expanded role for Harrah's in Atlantic City. Rick Mazer, currently Indiana regional president and general manager of Horseshoe Hammond and Horseshoe Indiana, will succeed Marrandino as regional president of Harrah's Las Vegas, Flamingo, Imperial Palace, Bill's Gamblin' Hall and O'Sheas.

A Caesars Entertainment casino executive known as Rockin' Don is stepping down after more than three years as president of the company's eastern division.