Gaming - VEGAS INC

For sake of jobs, time to legalize online poker

It is about jobs, jobs, jobs.

23 October 2011

By Brian Greenspun

How a sports book fares can turn on a single play

MGM Resorts Sports Book Director Jay Rood, left, monitors NFL games with Craig Schaffer and Donie Callahan while working in the back office at the Mirage Race & Sports Book on Sunday, Oct. 16, 2011.

Of all the football fans in the Mirage sports book watching the San Francisco 49ers-Detroit Lions game on Sunday, perhaps nobody was more glued to the screen than Jay Rood. He runs the book. It’s a tricky task, balancing the money bet on opposing teams so that, by the end of the day, the results for the casino are a wash. Operators constantly change a game’s betting line to achieve that goal.

21 October 2011

By Dave Berns

New owners approved for Aliante casino

CARSON CITY – The 880 employees will stay at the once-bankrupt Aliante Station Casino in North Las Vegas when the new owners take over.

20 October 2011

By Cy Ryan

Las Vegas Hilton granted time to fight receivership, foreclosure

A judge on Thursday gave the 2,950-room Las Vegas Hilton hotel-casino more time to fight efforts by its lender to foreclose on the property and install a receiver to displace the current management.

20 October 2011

By Steve Green

Stevens brothers get approval of Fitzgeralds purchase, say they're planning upgrades

Gambling in downtown Las Vegas has been in a slump but brothers Derek and Gregory Stevens are betting business will pick up. The state Gaming Commission Thursday gave final approval to the brothers to buy Fitzgeralds Hotel and Casino.

20 October 2011

By Cy Ryan

South Point 'looking ahead' with new poker website

The South Point poker room is shown in this 2010 file photo.

A Las Vegas casino has taken the foray into online poker for the first time. South Point launched a free-play online poker site, SouthPointPoker.com, earlier this month and opened it to the general public Monday. It was previously only available to members of the casino’s players club.

18 October 2011

By Case Keefer

Sands Expo boasts eclectic mix of shows before, after big debate

Mark Mondi takes a photo of his son John, 14, on the CNN debate stage in the Sands Expo Center on Monday, Oct. 17, 2011. CNN will host Republican presidential candidates in a televised debate at the Sands Expo today.

One day it houses thousands of slot machines. The next, hundreds of nurses. A week later, it’s filled with rows of guns, bullets and camouflage gear. Today, it’s a debate among Republican presidential candidates.

18 October 2011

By Delen Goldberg

Records against the spread unlock the doors to team performance

Chicago Bears linebacker Brian Urlacher puts on his helmet before an NFL preseason game between the Chicago Bears and the Tennessee Titans on Saturday, Aug. 27, 2011, in Nashville, Tenn.

When the San Francisco 49ers visit Detroit for Sunday’s matchup against the Lions, the game will be hyped as a clash between a pair of NFC division leaders. For bettors, it will have added significance: It’s a showdown between the only two teams in the NFL that are unbeaten against the point spread this season.

15 October 2011

By Jeff Haney

MGM Resorts' ratings boosted despite economic uncertainties

MGM Resorts International's CityCenter project is seen on the Strip on April 28, 2011.

Debt analysts at Fitch Ratings in New York today offered a good-news, bad-news scenario for Las Vegas Strip gambling resort operators.

14 October 2011

By Steve Green

Las Vegas Strip casino winnings drop 8.7 percent in August

After three consecutive months of gains, gambling win at Las Vegas Strip casinos dropped 8.7 percent in August. It was a poor month around the state with only the Boulder Strip and South Lake Tahoe posting increased winnings.

11 October 2011

By Cy Ryan

Adelson dropped from driver's overtime lawsuit

A federal judge dismissed billionaire Las Vegas casino executive Sheldon Adelson as a defendant in one of the two overtime lawsuits filed against him and his companies in June.

10 October 2011

By Steve Green

Timing, legal woes make legalizing online poker less attractive

A woman who wants to remain anonymous plays poker online.

It took years to get gaming lobbyists, poker enthusiasts and sympathetic lawmakers to join in an effort to legalize online poker in the United States. But just as they appear close to success, their union is fraying.

10 October 2011

By Karoun Demirjian

Nevada's tax income from gaming well below other markets

For decades, Nevada held a near monopoly on legalized gambling, other states put off by the social stigma and moral qualms surrounding the industry.

7 October 2011

By David McGrath Schwartz

Survey: Gaming industry pros optimistic about 2012

A survey of more than 1,150 gaming industry professionals at this week’s Global Gaming Expo finds most participants are optimistic that 2012 will be a good year for the industry.

6 October 2011

By Richard N. Velotta

Internet gaming spurs regulatory dilemmas, G2E panelists say

While the American Gaming Association is calling for regulatory reforms, rapidly changing technology and iGaming opportunities will present new issues for regulators to consider when they set policy and interpret legislative intent.