Gaming

Caesars CEO Gary Loveman: Poker indictments present opportunity

Federal indictments targeting the three largest online poker companies present an opportunity for the United States to fully legalize and regulate the $6 billion industry, the chief executive of the world's largest casino company said Tuesday.

16 months later, CityCenter has yet to hit its stride

CityCenter

Many had expected CityCenter to be the crowning achievement on the Vegas Strip that would reset the center of one of the most famous streets in the world. It was called a sign of what’s to come and the cherry on top of Las Vegas’ sundae in a community that thought the good times would never end.

Casino giants’ problem gambling efforts are shoddy

The responsible gaming page on the Luxor website.

A few years ago during Responsible Gaming Education Week, every MGM Resorts employee was required to wear an orange wristband that read: “Keep It Fun.” At lunch with an MGM executive, I needled him about how ridiculous the gesture was.

Las Vegas Sands steps up counterattack against former executive

Litigation between Sands and its fired China CEO is heating up, with Sands filing a counterclaim accusing Steven Jacobs of extortion and of being slow to sever ties between Sands’ Macau casinos and an organized crime figure.

Gambler hits $10.6 million Megabucks jackpot at Aria

One gambler is going home a lot richer after hitting the Megabucks jackpot for $10.6 million at Aria on Friday evening. A spokesperson for MGM Resorts International confirmed the win but said the gambler has asked to remain anonymous.

Slot maker IGT sees big jump in 2Q earnings

Slot machine maker International Game Technology posted a big jump in net income in its fiscal second quarter as it did not repeat an impairment charge that marred the same period a year earlier.

Penn National Gaming raises 2011 profit forecast with M Resort

Penn National Gaming Inc., the operator of 25 casinos and racetracks, raised its 2011 profit and revenue forecasts, and said it expects to take ownership of the M Resort in Las Vegas in June. See the full story from Bloomberg.

Gunman tries to rob Stratosphere, but leaves empty-handed

An armed man who tried to rob a change counter early this morning at the Stratosphere fled without chips or money, Metro Police said. The man, who was carrying a gun, fled the casino "when he realized there wasn't anything to take."

Henderson council OKs license for Casino MonteLago operator

Looking down at the MonteLago Village Resort and the shuttered Casino MonteLago from Grand Mediterra Boulevard at Lake Las Vegas.

The Henderson City Council approved a temporary business license Tuesday night for Intrepid Gaming LLC to operate the shuttered Casino MonteLago at Lake Las Vegas.

Palms faces $6.6 million judgment over patron's sports book injuries

A customer injured when a sports book patron dived for a water bottle thrown into the crowd by a cheerleader won $6.6 million in his lawsuit against the Palms in Las Vegas.

ESPN removing poker programming after gambling websites charged

ESPN will remove poker advertising and programming after the U.S. indicted gambling websites that sponsor televised tournaments and froze their bank accounts.

Las Vegas Sands, IGT directors face new shareholder lawsuits

A performer at the Venetian in Las Vegas is shown in this Sept. 17, 2010, file photo. Directors of Las Vegas Sands, which owns the Venetian and Palazzo resorts on the Strip, were hit with another shareholder lawsuit on April 18, 2011.

Securities lawsuit attorneys appear to be in pile-on mode, hitting the directors of Las Vegas Sands Corp. and International Game Technology with new lawsuits alleging mismanagement and negligence.

Activists wield Disabilities Act in fight for smoke-free casinos

The latest skirmish in the battle to ban smoking in Nevada casinos is emerging around a little-discussed area of law more commonly associated with wheelchair ramps and handicap-accessible restrooms.

3 online poker houses face fraud charges

A woman who wants to remain anonymous plays poker online.

Federal authorities busted the three largest online poker websites in the United States on Friday with charges of bank fraud and illegal gambling against 11 people, accusing them of manipulating banks to process billions of dollars in illegal revenue.

Nevada politicians key to U.S. push for Internet gaming

Nevada politicians key to U.S. push for Internet gaming

Silver Staters watched helplessly last December as legislation to legalize Internet poker, billed as a job-maker and a cash cow for casinos and communities nationwide, suffered a defeat in what some called its last stand. But lobbyists aren’t ready to call their bets and cut their losses. In fact, they’re quietly gearing up to push for a federal overhaul of the online gaming industry, and they’re banking on new momentum from two sources.