Gaming

Gaming Control Board backs Aliante Station transfer to new owners

Aliante Station

CARSON CITY – The Nevada Gaming Control Board recommended approval Thursday of a takeover of Aliante Station in North Las Vegas that will allow it to emerge from bankruptcy.

6 October 2011
By Cy Ryan

MGM Resorts pinning growth on Asia, emerging technology

The MGM Grand Macau. MGM Resorts International CEO Jim Murren says a key part of the company's growth strategy is in the Asian market.

MGM Resorts International CEO Jim Murren brushed aside pessimism over the economy and shared pieces of his company’s growth strategy in a keynote address at the Global Gaming Expo.

6 October 2011
By Richard N. Velotta

Hooters casino wins victories in legal battle against creditor

Depending on who’s doing the talking, the bankrupt Hooters Las Vegas hotel-casino is either a financial basket case headed toward foreclosure or it’s a business worth saving that investors have already expressed interest in.

5 October 2011
By Steve Green

Supreme Court denies Las Vegas Sands effort to get documents from former exec

Las Vegas Sands Corp. has lost a round in its efforts to force a former president of its gambling operation in Macau to return scores of "sensitive" documents.

5 October 2011
By Cy Ryan

Element of surprise is key to gaming's success, panelists say

Sometimes, all it takes is an occasional surprise to generate enthusiasm in table games, panelists said Wednesday at the Global Gaming Expo. The point: Sometimes, all it takes is an occasional surprise to generate enthusiasm.

5 October 2011
By Richard N. Velotta

Women gaming executives say casino amenities are key

Martha Ramirez of San Diego stands with her Yorkie, Bella, in the lobby of the Flamingo on Thursday, Aug. 11, 2011. Caesars Entertainment has launched a PetStay program across its Las Vegas resorts that includes dog-friendly rooms, doggy treats and relief areas.

Shows, restaurants and even resort rooms were once just bait to lure gamblers into Las Vegas casinos. But with the economy flat-lining and competition for gamblers growing in other markets, top casino executives now consider gaming to be just one tool in their arsenal to attract tourists and their dollars to the Strip.

5 October 2011
By Delen Goldberg

G2E panelists tackle 6:5 blackjack payout

A blackjack table is shown at G2E Tuesday, Oct. 4, 2011.

Read a few casino player forum comments online and you’ll know that changing the blackjack payout from 3:2 to 6:5 — that is, paying $6 for every $5 wagered instead of $3 for every $2 bet on natural 21s — is heresy.

5 October 2011
By Richard N. Velotta

South Point plans free online poker website

A Las Vegas casino is launching a free online poker website tied to the program it uses to determine perks for frequent gamblers, with an eye toward launching a site to play for real money if it becomes explicitly legal in the United States.

5 October 2011
Associated Press

Companies laying groundwork for online poker

While the legalization of online poker isn’t a done deal, some companies have already gone to work developing business models for the eventuality.

5 October 2011
By Richard N. Velotta

Capital markets for casino projects starting to rebound

Just as the economy is slowly rebounding, so, too, are the capital markets casino companies seek out to finance their projects.

5 October 2011
By Richard N. Velotta

Debt agencies differ on Riviera deal to sell Colorado casino

A view of the Riviera on Thursday, Sept. 1, 2011.

Moody’s Investors Service today lowered its rating outlook on the debt of Riviera Holdings Corp. of Las Vegas because of the company’s plan to sell its Colorado casino for $76 million.

4 October 2011
By Steve Green

Gaming Association pitches for regulatory reform at G2E

Show attendees try out Grease-themed video slot machines at a Bally Technologies booth during the first day of the Global Gaming Expo (G2E) convention at the Sands Expo Center Tuesday, Oct. 4, 2011.

The American Gaming Association is seeking reforms in gaming regulations nationwide to help the industry keep pace with evolving technology. Frank Fahrenkopf, president and CEO of the association, said Tuesday the organization’s white paper, “Improving Gaming Regulation: 10 Recommendations for Streamlining Processes While Maintaining Integrity,” is designed to educate lawmakers and regulators nationwide about eliminating government red tape while keeping important restrictions in place.

4 October 2011
By Richard N. Velotta

If there's a way to cheat, it will be discovered

If there's a way to cheat, it will be discovered

For casino cheats, 2011 has been a banner year. Criminals have pulled off more successful scams this year than in the past.

4 October 2011
By Delen Goldberg

High-tech slots meet old-school themes at G2E

Show attendees play Clue-themed video slot machines in the WMS Gaming booth during the first day of the Global Gaming Expo (G2E) convention at the Sands Expo Center Tuesday, Oct. 4, 2011.

Slot machines unveiled Tuesday at the Global Gaming Expo combine 21st-century technologies with themes from eras long ago. Simply put, innovation is powering nostalgia on the casino floor.

4 October 2011
By Delen Goldberg

Internet gambling spurs chats at G2E's opening day

How online gaming — particularly Internet poker — should be regulated, how it would be taxed and how the industry would prevent the wrong people from playing were discussed today in a panel on online gaming’s legal landscape.

3 October 2011
By Richard N. Velotta
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