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Chris Sieroty Gaming Guru - Page 32Regulators warn day-pool, club operators13 April 2012
LAS VEGAS -- The Gaming Control Board has issued a warning to Las Vegas hotel-casinos regarding pool parties and nightclubs allowing underage guests, misquoting entrance fees, drugs, prostitution and other problems.
"Anticipating the approach of a new pool season, we believe it is necessary and ... (read more)
Money shrinks for problem gamblers13 April 2012
LAS VEGAS -- Treatment programs for gambling addicts in the nation's casino capital were dramatically reduced last year as Nevada lawmakers looked for ways to cut funds and close a historic budget deficit. As a result, Nevada in 2012 will spend about 25 cents per capita to treat problem gambling, a byproduct of the state's largest industry. ... (read more)
WSOP $1 million charity tournament will produce richest prize ever13 April 2012
LAS VEGAS, Nevada -- The World Series of Poker's never-before-seen $1 million buy-in tournament is expected to generate the richest prize in poker history with the winner claiming more than $12 million. Series officials announced Thursday that 30 players have committed to participate in the Big One for One Drop starting July 1 at the Rio. ... (read more)
Gaming stocks gain as Sands Cotai opens12 April 2012
Gaming stocks posted modest gains Wednesday as the Las Vegas Sands Corp. celebrated the opening of its $4.4 billion Sands Cotai Central casino resort in Macau. Shares of Las Vegas Sands gained $2.09, or 3.58 percent, to close at $60.49. Wynn Resorts Ltd. posted a $2.18, or 1.78 percent, increase to $124.28, and MGM Resorts International gained 53 cents, or 4.06 percent, to $13.60. ... (read more)
Major gaming conference returning to Las Vegas in 201310 April 2012
LAS VEGAS -- For veteran economist Bill Eadington, it was an easy decision to partner with the University of Nevada, Las Vegas to bring one of the gaming industry's most important conferences to Las Vegas next year.
Eadington had hoped to hold the 15th International Conference on Gambling and Risk ... (read more)
Nevada reports gaming revenues of $932 million for February10 April 2012
State gaming officials said Nevada gambling revenues increased 5.7 percent in February to $932 million, a figure analysts said showed "solid progress" despite a weaker convention calendar and Chinese New Year falling in January.
The modest increase last month was preceded by an 18.4 percent increase in ... (read more)
Cantor Gaming to operate Palms' poker room5 April 2012
LAS VEGAS -- The Palms has a long-term agreement with Cantor Gaming to operate a poker room within its sports book, which is currently under construction, officials said Wednesday. Terms of the deal were not disclosed. Cantor Gaming's sports book at the Palms, which state regulators approved in January, is scheduled to open May 3, in time for bets on the Kentucky Derby. ... (read more)
Leroy's releases sports betting app for iPad30 March 2012
American Wagering's iPad application that lets state residents and visitors to Las Vegas place sports wagers from their tablet computer has been approved by Nevada gaming regulators and Apple Inc., a company executive said Wednesday.
The approval makes American Wagering, which operates Leroy's Horse and ... (read more)
Station posts quarterly loss despite increase in revenues30 March 2012
Station Casinos said Thursday that its revenues were higher and operations at its casinos in Southern Nevada continue to improve, but not enough for the locals gaming company to turn a profit for the fourth quarter or for 2011.
The company reported a $4.2 million loss for the fourth quarter, compared with earnings of $74.1 million for the same period year earlier. ... (read more)
McCarran sees strong growth in February passenger volume30 March 2012
LAS VEGAS - Passenger counts at McCarran International Airport increased for the second straight month in February while Las Vegas-based Allegiant Air continued its double-digit growth in passenger traffic.
According to figures released Thursday by the Clark County Department of Aviation, 3,108,106 ... (read more)
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