Civil Forfeiture in Nevada is both Wrong and Bad for Business
By Bob Dancer. There has been an ongoing case involving a motorist stopped near Elko, Nevada. His motor home was searched, no drugs were found, but the vehicle and $167,000 was seized. The motorist wasn’t arrested or charged with any…
Some tips to take to the betting window this football season
By Tim Dahlberg, Associated Press 2 LAS VEGAS (AP) – No one loves football season more than the bookies in this city’s legal gambling houses. Last year they took in a staggering $1.8 billion in bets on NFL and college…
Casinos’ Stingier Slot Payouts Hurting Sales, Machine Makers Say
(Bloomberg) — U.S. casinos are making it tougher for players to win at the slot machines, and that’s led to less betting. The portion of slot wagers kept by casinos rose to 7.7 percent last year from 7.25 percent in…
Las Vegas Club closing begins Sunday, may finish Thursday
By John Katsilometes For five years, owners of The D Las Vegas talked to officials with the Tamares Group, expressly GM Jonathan Jossel, about buying the Las Vegas Club. That back-and-forth finally intensified about a month ago, and Friday it…
July betting and revenue up at Foxwoods, down at Mohegan Sun
Associated Press · HARTFORD, Conn. (AP) – Foxwoods Resort Casino has reported gains in betting and revenue, while its Connecticut neighbor, Mohegan Sun, reported a drop in its financial results. Foxwoods said Thursday that bets in July were $553.3 million,…
Man admits bringing counterfeit chips to poker tournament
ATLANTIC CITY, N.J. — A North Carolina man has admitted bringing millions of dollars in counterfeit poker chips to use in an Atlantic City casino’s poker tournament. The scheme was uncovered after the man clogged a pipe by flushing the…
Analysts say MGM may look at selling The Mirage
Howard Stutz, Las Vegas Review-Journal Two Wall Street analysts said in research notes Wednesday that MGM Resorts International may be considering selling The Mirage to focus on other development aspects for the Strip casino giant. The reports said MGM Resorts…
Blue Horizon halts day cruise casino trips until Labor Day
After operating for less than two weeks, Blue Horizon Casino Cruises is temporarily halting its day cruise trips from the Port of Palm Beach to fix maintenance issues on its boat, according to a company statement Wednesday. The 600-passenger Blue…
Billionaire Wynn ’Sanguine’ on Macau Casino Sets March Opening
Stephanie Wong, Bloomberg Billionaire Steve Wynn finally feels confident enough to set an opening date for his second casino in Macau, months after complaining that uncertainty plagued the Chinese city amid a gambling downturn. Wynn Palace resort will open March…
Top Vegas sports bettor, family to pay $4.2M forfeiture
Full story http://www.reviewjournal.com/news/las-v … forfeiture By Jeff German Las Vegas Review-Journal Leading Las Vegas sports bettor Glen Cobb was sentenced to one year of probation Tuesday for his role in what federal prosecutors alleged was a multimillion-dollar illegal gambling operation….