Detroit casino revenues down 6 percent through April
DETROIT, MI – Revenues at Detroit’s three casinos were down 6.0 percent on an annual basis in the first four months of this year, according to the Michigan Gaming Control Board. In just the month of April, aggregate revenues at…
Full House Resorts drops plans to buy Fitzgerald's Casino Tunica
Full House Resorts, parent company of Silver Slipper Casino in Hancock County, said in its first quarter report Wednesday that the company wants out of an agreement to buy Fitzgerald’s Casino in Tunica. On May 7, Full House informed Majestic…
Las Vegas among nation’s cheapest cities for renting a car, survey finds
y John Taylor (contact) John Taylor Tuesday, May 13, 2014 | 10 a.m. Renting a car in Las Vegas is cheaper than just about any other top destination in the nation, according to a survey from CheapCarRental.net. The website, in…
Think you’re a Vegas expert? Can you match the carpet to the right casino?
Found this interesting post in the Las Vegas Sun Can you guess which hotel it is just by looking at the carpet? Please click on the link to go to Las Vegas Sun. http://lasvegassun.com/news/2014/may/13/think-youre-vegas-expert-can-you-match-carpet-righ/?_ga=1.265672399.1590069652.1395848930 I got 7 out of 10…
So…You want to be a poker player? How should you start?
Listen to this podcast from Bob Dancer.com from his show on May 8th. He interviewed Ed Miller, who calls him self a low and mid stakes player and has written several great books on how to start playing. There is…
CROWN SUES HIGH ROLLER OVER UNPAID DEBT AMOUNTING TO $8 MILLION
Melbourne’s Crown Casino is taking a Chinese high-roller to task over unpaid debts amounting to almost AUD$8 million. The casino has taken legal action against Zhao Li over the latter’s astronomical debt that reached seven figures after an incredible gambling…
Stratosphere parent reverses loss, sees revenue rise
Howard Stutz, Las Vegas Review-Journal · Stratosphere owner American Casino & Entertainment Properties reversed a first quarter net loss and grew revenue 3 percent, due in part to nongaming spending by customers at the property at the edge of downtown…
Caesars Makes ‘And’ Four-Letter Word to Lenders: Distressed Debt
Charles Mead and Sridhar Natarajan, Bloomberg May 12 (Bloomberg) — An innocuous three-letter conjunction in an 80,000-word legal document helped enable more than $450 million of losses for bondholders at a Caesars Entertainment Corp. unit. The casino operator, taken private…
Why China loves Las Vegas
Far East investors and visitors are changing the valley, Strip to suburbs By Ed Komenda (contact) They’re buying into Las Vegas like never before. They’re pumping cash into major resort projects and big stage productions on the Strip and they’re…
Gaming innovation course helps students create new ways to throw the bones
UNLV Gaming Innovation students, from left, Hien Nguyen, He Lin, and Aron Kock pose for a portrait in the Konami Gaming Lab in the Stan Fulton Building on the UNLV campus in Las Vegas on Friday, May 9, 2014. (Jason…