Gaming

What have your slots done for you lately?

Attendees look over slot machines at the Bally booth during the Global Gaming Expo (G2E) at the Las Vegas Convention Center Tuesday, November 16, 2010.

Slot machine manufacturers, beaten up by gamblers who often complain about tight machines, have redirected their marketing campaign.

20 November 2010
By Liz Benston

Harrah's cancels plans for IPO

Harrah's Entertainment Inc. canceled its initial public offering Friday, folding its hand for now on a risky bet on returning to the stock market just three years after it went private. The casino operator was expected to price the offering on Thursday.

19 November 2010
Associated Press

Game developers unveil technology to keep slot players engaged

Melanie James of Bally Technologies shows a Playboy slot machine to Will Grubb, a business development manager for Avnet Electonics Marketing, during the Global Gaming Expo (G2E) at the Las Vegas Convention Center Tuesday, November 16, 2010.

It takes more than a three-reel slot game and bucket of quarters to hold the attention of today’s gamblers. The gaming industry knows it needs to play catch-up if it wants to keep its customers engaged. Gaming manufacturers answered the call at this week’s Global Gaming Expo at the Las Vegas Convention Center.

19 November 2010
By Amanda Finnegan

Former Pinnacle CEO claims right to compete with casino company

Former Pinnacle Entertainment Inc. CEO Dan Lee is disputing allegations he violated terms of his separation agreement with the Las Vegas-based casino company and says he has the right to compete with Pinnacle.

19 November 2010
By Steve Green

Former Pinnacle CEO claims right to compete with casino company

Former Pinnacle Entertainment Inc. CEO Dan Lee is disputing allegations he violated terms of his separation agreement with the Las Vegas-based casino company and says he has the right to compete with Pinnacle.

19 November 2010
By Steve Green

Court overturns $43.8 million judgment against Las Vegas Sands

Left: Plaintiff Richard Suen appears in District Court Thursday, April 17, 2008. Right: Las Vegas Sands Corp. Chairman Sheldon Adelson gives testimony during the a trial resulting from a lawsuit by Suen. (Photos by Leila Navidi/Las Vegas Sun)

The Nevada Supreme Court has overturned a $43.8 million judgment against Las Vegas Sands and its officers in a dispute over efforts to obtain a casino license in Macau.

18 November 2010
By Cy Ryan

Gaming commission adds 1, removes 1 from state’s ‘gray list’

The Nevada Gaming Commission on Thursday removed one man from the so-called “gray list” of denied applicants minutes after putting another man on it.

18 November 2010
By Richard N. Velotta

Harrah's boss says gaming industry gets a bad rap

Gary Loveman, president, CEO and chairman of Harrah's Entertainment, talks about bad press received by the gaming industry during the Global Gaming Expo (G2E) at the Las Vegas Convention Center Wednesday, November 17, 2010. Loveman's keynote was titled "The Stockholm Syndrome: Why Addressing the Misinformation that Plagues Gaming is our Top Priority."

Harrah’s Entertainment Chief Executive and President Gary Loveman said a major roadblock in the path of the growth of casino companies is misinformation about the industry. Rather than talk about the industry’s recovery, Loveman used his afternoon keynote address at the Global Gaming Expo Wednesday to campaign against the misconceptions that surround the casino industry.

17 November 2010
By Amanda Finnegan

Gaming execs: Competition could spur creativity in Las Vegas

American Gaming Association President and chief executive Frank Fahrenkopf speaks during the Global Gaming Expo (G2E) at the Las Vegas Convention Center on Wednesday, Nov. 17, 2010.

Gaming industry veterans during Wednesday’s discussion at the Global Gaming Expo said they don’t see markets like Macau or Singapore replacing Las Vegas.

17 November 2010
By Amanda Finnegan

Herbst Gaming reports profit increase amid cost-cutting efforts

Herbst Gaming, which owns Buffalo Bill's casino in Primm, has suffered from the slumping economy.

Thanks to cost cutting, casino and slot route operator Herbst Gaming Inc. of Las Vegas increased its profit in the third quarter even as business remained slow because of the recession.

17 November 2010
By Steve Green

Penn National exec on Fontainebleau bidding: 'We feared CityCenter more than we should have'

Penn National Gaming Chief Financial Officer Bill Clifford said Tuesday his company over-anticipated CityCenter’s effect on the Las Vegas market when it backed out of bidding for the stalled Fontainebleau project on the Strip.

16 November 2010
By Amanda Finnegan

Gaming executives say timing of industry's recovery still unclear

Steven Drewes and Cassie Mayfield, of the Downstream Casino Resort in Oklahoma, try out a IGT Ghostbusters-themed video slot machine during the Global Gaming Expo (G2E) at the Las Vegas Convention Center Tuesday, November 16, 2010.

Gaming professionals are unsure about the industry's recovery, according to a recent survey by the American Gaming Association. AGA President and Chief Executive Frank Fahrenkopf said today during the first day of the Global Gaming Expo that 47 percent of those polled believe it will take the gaming industry three or four years to return to pre-recession levels.

16 November 2010
By Amanda Finnegan

Hard Rock hotel fires back in trademark lawsuit, claims 'harassment'

Paris Hilton hosts the 2010 Rehab pool party opening at the Hard Rock Hotel on April 25, 2010.

The Las Vegas Hard Rock hotel-casino is hitting back in a trademark lawsuit filed by the owner of the Hard Rock brand, charging in a counterclaim that Hard Rock Cafe International is interfering with its business.

16 November 2010
By Steve Green

Baccarat defies recession by drawing gamblers willing to part with a fortune

In this 2010 photo, a baccarat game is shown in the high-limit room at Hard Rock Hotel.

No casino game may be more intimidating than baccarat, typically played at high limits in elegant, sequestered rooms with tuxedoed dealers, attentive casino managers and waitresses quick to appear with fine cocktails. It was played by European royalty in the 13th century and by James Bond in the 20th, memorialized in such stylish films as “Dr. No” and “Casino Royale.” And yet, for a game wrapped in mystique, baccarat is one of the simplest games in a casino.

16 November 2010
By Liz Benston

Gaming executives to join board of Station Casinos

Veteran gaming executives Stephen Greathouse and Robert Cashell Jr. will be joining Las Vegas locals gaming leader Station Casinos as Station emerges from bankruptcy.

15 November 2010
By Steve Green
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