Commentaries: It’s Time to Prohibit Smart Phones at the Baccarat Table
By Eliot Jacobson, Ph.D. For gaming revenue, worldwide, no casino game comes close to baccarat. As new casinos are built and new jurisdictions open, there is increasing competition for premium baccarat players. In a buyer’s market, these players have the…
Mohegan Sun, Wynn Resorts release two drastically different quarterly earnings reports
This composite shows artist renderings of the proposed Mohegan Sun casino at Suffolk Downs in Revere, Mass., top, and the proposed Wynn Resorts casino in Everett. Only one company will win the Eastern Massachusetts casino license to open one of…
Scientific Games to Buy Bally Technologies for $5.1 Billion
(Bloomberg) — Scientific Games Corp. agreed to buy Bally Technologies Inc. for about $5.1 billion, including debt, combining the two makers of slot machines and lottery games. Scientific Games will pay $83.30 in cash per Bally common shares, the companies…
Police: Bellagio robber used cash on hookers, clothes
After saying he found a black bag filled with cash, the man charged with robbing the Bellagio Friday night blew through $10,000 on a room at the Hard Rock resort, shopping at the Forum Shops at Caesars Palace and four…
Wynn Resorts 2nd quarter earnings fueled by Wynn Las Vegas, Encore
Wynn Resorts Ltd. grew second quarter profits and revenue, but attributed much of the results to the company’s two Strip resorts, not its lucrative Macau holdings. The company, which operates Wynn Las Vegas and Encore, said Tuesday its net income…
Malaysian businessman charged in betting scheme released
The wealthy Malaysian businessman authorities say led a World Cup betting scheme in Las Vegas and his son were released late Monday from the custody of federal immigration officials. The Las Vegas Review-Journal reported Sunday that Wei Seng “Paul” Phua…
Adelson's LVS being outspent over 5-1 in online gambling fight
Back in November of 2013 Sheldon Adelson vowed to spend "whatever it takes" to stop online gambling, but it appears the casino tycoon, who just happens to be one of the richest men on the planet has his limits, or…
Arizona: McCain, Flake introduce bill to block new casino
PHOENIX (AP) – Arizona’s two U.S. senators are proposing legislation to block construction of a Phoenix-area casino planned by a southern Arizona tribe. If enacted, the bill introduced Monday by Republicans John McCain and Jeff Flake would block the casino…
Colorado: Ballot measure to allow casino gambling at racetracks gets green light
A measure proposing to legalize casino gambling at the Arapahoe Park racetrack in Aurora received the green light Monday from Colorado Secretary of State Scott Gessler to appear on the November ballot. Based on a random sample of the 136,800…
SLS Las Vegas will tap Rat Pack-era memories
Howard Stutz, Las Vegas Review-Journal Other than the shell of the building, not much remains from the Rat Pack-era Sahara following the property’s $415 million transformation into the SLS Las Vegas. But operators of 1,600-room Strip hotel-casino, which opens Aug….