Gaming

Betting on Oscars and reality TV are no-nos, but what about on the end of the world?

Jackie Gaughan, the previous owner of the El Cortez, stands in front of a board featuring the odds of where pieces of the Skylab satellite would crash to earth. The photograph is on display on the El Cortez Casino floor.

Wynn Las Vegas made headlines for offering real-money odds on who would win the World Series of Poker. It's the first Nevada casino to take advantage of a change in state regulations allowing wagers on nonsporting events. The Wynn isn’t the first Nevada casino to take bets on offbeat events, however.

28 July 2011
By Liz Benston

Why an arrest record didn't deny identity theft suspect a work card

When Arthur Jones, aka Joseph Sandelli, was arrested in Las Vegas last week after living under a false identity for 32 years, many where shocked to learn he had been working as a sports book writer at the Rampart Casino in Summerlin, a job that some think requires a rigorous background check. And it does.

27 July 2011
By Aida Ahmed

Boyd narrows losses; CEO says company 'turning a corner'

Boyd Gaming Corp. CEO Keith Smith said today his company, driven by improving results in Las Vegas, the Midwest and South, is finally “turning a corner” after three difficult years.

27 July 2011
By Liz Benston

Peddlers, performers clogging the Strip are troubling to casinos

A man hands out cards advertising outcall "entertainers" on the Las Vegas Strip Sunday July 24, 2011.

Concerns have escalated in corner offices up and down the Strip about smut peddlers and the X-rated litter their leaflets create along Las Vegas Boulevard as well as the proliferation of homeless people, costumed performers and unlicensed vendors.

27 July 2011
By Liz Benston

Nevada casino must change name after losing trademark lawsuit

A small neighborhood casino in Southern Nevada has been infringing on the trademarked name of a big Indian casino in Minnesota, a federal judge has ruled.

26 July 2011
By Steve Green

Las Vegas Sands reports second-quarter profit, record revenue

The Marina Bay Sands resort and casino in Singapore. Las Vegas Sands opened the $5.5 billion resort in April 2010.

Las Vegas Sands swung to a profit during the second quarter of 2011, the casino operator reported today. The company reported net income of $367.6 million during the second quarter of 2011, or 45 cents per share, compared with a net loss of $4.7 million, or 1 cent per share, in the second quarter of 2010.

26 July 2011
By Amanda Finnegan

MGM: CityCenter sound, apart from Harmon hotel tower

The Harmon tower at CityCenter is shown while under construction in July 2009 on the Las Vegas Strip.

MGM Resorts International stopped work on the Strip’s Harmon hotel in January 2009 after disclosing that contractors had made significant structural errors, including the improper placement of steel used to hold up the tower.

23 July 2011
By Liz Benston

Cosmo's trucking along — to drum up interest

Cosmo's trucking along — to drum up interest

For all the sophisticated marketing tactics employed by the moneymaking geniuses along the Strip, now comes the ice cream truck. It’s the latest gimmick by the Cosmopolitan: a mobile platform to distribute promotional goodies as a way to drum up business among locals.

22 July 2011
By Amanda Finnegan

Vegas evolves with specialized minicasinos, party pits

The Toby Keith Party Pit inside of Harrah's Casino in Las Vegas Thursday, July 21, 2011.

In the old Las Vegas, casinos were generally unimaginative box-shaped rooms that could pass as warehouses, and gamblers were satisfied with a bucket of quarters and three-reel slots. But today’s customers are more sophisticated, have greater demands and higher expectations — including gambling in a party environment. Free drinks are passé; these gamblers are on the hunt for an entire nightclub experience alongside the casino table. And Las Vegas, of course, aims to please.

22 July 2011
By Amanda Finnegan

M Resort’s owners post strong second-quarter financials

A view of the M Resort in Henderson.

M Resort’s new owner Thursday reported double-digit increases in second-quarter earnings and revenue companywide that were driven by cost-cutting measures and a slowly improving economy.

21 July 2011
By Liz Benston

Station Casinos allowed to proceed with lawsuit against Henderson

A District Court judge today allowed Station Casinos to proceed with its lawsuit against Henderson over a land-use decision involving the Roadhouse, a defunct casino on Boulder Highway slated for redevelopment.

21 July 2011
By Liz Benston

Casinos cutting back on floor supervisors, whose jobs evolving

If you’re playing blackjack, roulette or craps in a Las Vegas casino, chances are you will see a lot fewer folks in suits standing around, watching you and the dealer to make sure there’s no monkey business.

20 July 2011
By Liz Benston

Court is urged to block Caesars' arena initiative

False and misleading information was used while gathering signatures in support of Caesars Entertainment’s plan to build a 20,000-seat arena on the Las Vegas Strip, arena opponents say.

18 July 2011
By Cy Ryan

Wynn Resorts sees boost in second quarter profit

The Encore is shown to the left of the Wynn Las Vegas on the Strip.

Wynn Resorts once again posted a profit increase in the second quarter, thanks to booming business in Macau and an uptick in Las Vegas. The Las Vegas-based casino operator reported profit of $200.8 million.

18 July 2011
By Amanda Finnegan

Sheldon Adelson to be inducted into Gaming Hall of Fame

The American Gaming Association announced today it will induct Las Vegas Sands CEO and Chairman Sheldon Adelson into the AGA Gaming Hall of Fame.

18 July 2011
By Amanda Finnegan
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