Gaming

Dirty money: A look at notable casino scams

A view of the casino floor at The Riviera, May 16, 2012.

As the old saying goes, “Where there’s a will, there’s a way.” In Las Vegas and other gambling hubs, that certainly holds true when it comes to cheating. Some swindles have been successful; others failed miserably. But it doesn’t keep people from trying.

Naming of Borgata president frees up Boyd executive for new assignments

Boyd Gaming said today that longtime executive Bob Boughner will expand his role with the company now that a new president has been named for the Borgata Resort in Atlantic City.

Financial outlook improves for MGM Resorts International

Wall Street analysts at Fitch Ratings today shifted their debt rating outlook on MGM Resorts International from stable to positive, signaling their confidence in continued financial improvements at the company and the rebound of tourism on the Las Vegas Strip.

Wynn, Adelson spread influence to state-level races

Sheldon and Miriam Adelson attends a special "sundown" caucus at the Adelson Educational Campus that capped off the Nevada GOP presidential caucuses on Saturday, Feb. 4, 2012.

Las Vegas casino moguls have won both acclaim and derision for their roles in financing national political campaigns this year. But they’ve also spent considerable money to influence Nevada legislative races.

How to design a casino table game that's a worldwide hit

The "Ultimate Texas Hold ‘Em" poker tables at the Cosmopolitan.

Roger Snow's career as a table game designer started when he opened a casino invoice. Now executive vice president and chief product officer for SHFL entertainment (formerly Shuffle Master), Snow at the time worked at the Mirage and saw a bill from Shuffle Master for $2,000 for a game named "Let it Ride." He was shocked, both that a company owned the game and that the casino paid for it. When Snow learned that the Mirage and other casinos payed $2,000 per "Let it Ride" table, he vowed to capitalize on the set up.

Tuscany to pay nearly $50,000 to settle worker-bias suit

The Tuscany hotel-casino in Las Vegas has agreed to pay a $49,000 fine to settle a discrimination lawsuit filed by the U.S. Justice Department involving the employment eligibility verification and re-verification process for noncitizen employees and applicants.

Wynn shareholder lawsuits reinstated

Four federal shareholder lawsuits against the Wynn Resorts Ltd. board members were reinstated on Wednesday after they were apparently dismissed in error on Tuesday.

Nevada gaming revenue off 3.1 percent in August

Gaming revenue in Nevada was down 3.1 percent in August compared to the same month a year ago, with Las Vegas Strip revenue down 1.1 percent, the state Gaming Control Board reports.

In the digital world, casino chips still are a big business

Gregory Gronau, CEO of Gaming Partners International, Friday Sept. 28, 2012.

Greg Gronau is one of the few gaming CEOs in Las Vegas who isn't jumping on the social gaming and Internet poker bandwagon. That’s because his company, Gaming Partners International Corp., is focused instead on the brick-and-mortar side of casinos.

S&P sees risks and opportunities with Bill's renovation

Bill's Gamblin' Hall & Saloon.

Standard & Poor's Ratings Services has issued a "B-'' corporate credit rating with a negative rating outlook to the Caesars Entertainment Corp. subsidiary planning to renovate Bill's Gamblin' Hall & Saloon on the Strip.

Bank hits Las Vegas casino supplier with fraud lawsuit

For at least the third time, Las Vegas-based casino supplier Galaxy Gaming Inc. or its CEO have been sued over allegations they hid assets to avoid paying debts owed to creditors.

Loose lips can result in litigation

In virtually every industry, disclosing confidential information is a no-no. Still, disputes occasionally erupt when employees leave to work for a competitor.

‘When a position opens up, virtually everyone in town knows about it’

Headhunter Marc Weiswasser

Despite an ongoing tight national job market, casinos nationwide are hiring. Regional casinos also are hiring, but the most sought-after jobs are in corporate strategy, and most of those are in Las Vegas.

Why gaming executives regularly shuffle among companies

Executive hiring in the gaming industry can resemble a game of musical chairs, though notable exceptions show there’s always room for newcomers. For the most part, executives seem to move seamlessly to new companies and casinos as situations arise where their knowledge of gaming’s unique practices and regulations can be tapped.

Goodbye, slot machines; Hello, iPad slots

A video slot machine game is displayed on an Apple iPad in the Casinfo booth during the first day of the Global Gaming Expo (G2E) convention at the Sands Expo Center Tuesday, Oct. 4, 2011.

The slot machines you see in casinos today could soon be things of the past. Not in 20 years, but in five. Experts predict that the games themselves aren't likely to change. They'll just get more portable.