Adjusting to New Market Realities
By Ken Adams On June 1st, Harrah’s Casino Tunica closed its doors for good. Harrah’s shocked the Mississippi Gaming Commission and many others with the announcement it would close its Harrah’s Tunica. The company said there are too many casinos…
China Gambling Frenzy in Overdrive During World Cup
By Adam Minter, Bloomberg View Pity the parents of Xiao Cai, a young woman from Wuxi, China, who lost the equivalent of $161 betting on World Cup matches. When her folks refused to cover the losses, she fled to Shanghai…
Poker Jargon Makes Reading Dictionaries Useless
C. Thompson, Bloomberg James McManus is a big deal in the poker world. He wrote “Positively Fifth Street,” a book about the murder of a casino executive and the 2000 World Series of Poker, and “Cowboys Full: The Full Story…
Macau Allure Threatened as Chinese Travel Farther, Pansy Ho Says
Vinicy Chan, Bloomberg Macau is facing threats to its growth from China’s slowing economy and greater foreign competition, escalating the need for the world’s largest gambling hub to diversify from its casino gaming roots. “I’d say the slowdown in the…
Veteran With Concealed Carry Permit Shoots Back At Chicago Gunman
One of the spate of shootings that took place in Chicago, Ill. over the July 4th holiday weekend involved a veteran with a concealed carry permit who was forced to a shoot a man who began firing on him and…
Caesers to spend $223 million to re-brand Quad as Linq Hotel.
Rooms at the Linq will have a new look as Caesars Entertainment transitions from the Quad Resort & Casino. The company is spending $223 million on the project. (Photo courtesy of Caesars Entertainment) By RICHARD N. VELOTTA LAS VEGAS REVIEW-JOURNAL…
For a Gaughan, buying a hotel-casino is child’s play
Hotel Nevada in Ely as seen Monday, July 22, 2013. Las Vegas based Gaughan Gaming, which is operated by John Gaughan, bought 50 percent of Hotel Nevada in Ely and will operate it. The hotel Nevada was once considered the…
Daniel Colman wins One Drop for $15 million
Daniel Negreanu finishes second, now all-time tournament earnings leader LAS VEGAS — Daniel Colman let his poker play speak for itself. Colman, a 23-year-old professional online poker player from Holden, Mass. (though he has lived in Montreal and Rio de…
Lake Las Vegas casino delays opening
The exterior of the closed Casino MonteLago at Lake Las Vegas is shown at 30 Strada di Villaggio in Henderson on Thursday, July 3, 2014. (Bill Hughes/Las Vegas Review-Journal) By ARNOLD M. KNIGHTLY LAS VEGAS REVIEW-JOURNAL The lone and historically…
About 330,000 Las Vegas visitors expected for Fourth of July weekend
Tourism experts are saying the three-day Fourth of July weekend that begins Friday is going to be hot and it has nothing to do with the weather. Local industry leaders are anticipating one of the busiest midsummer holidays on record,…