Featured Articles Archive - Page 111

Hyde Lounge nightclub will have branch in Las Vegas Arena

Nightclub and restaurant operator SBE Entertainment said Monday it will place a branch of its Hyde Lounge nightclub inside the $350 million Las Vegas Arena, which opens in April.In a statement, Los Angeles-based SBE said the 18,000-square-foot space will include two platforms that extend over the arena seating for viewing, as well as lounge experience with a bar and restaurant.SBE has placed the Hyde Lounge in two other sports and entertainment arenas: the Staples Center in Los Angeles and the American Airlines Arena in Miami...read more

Illinois attorney general says DFS constitutes gambling

Two weeks after a New York Supreme Court judge ruled that fantasy sports were against the law, the hammer came down again last week, this time in the fourth-largest market, when the Illinois attorney general said DFS constituted illegal gambling under the state's law.In a written opinion released two days before Christmas, Illinois attorney general Lisa Madigan explained that it does not matter if DFS involves "luck or skill" since state law prohibits both."Absent legislation specifically exempting daily fantasy sports contests from the gambling provisions, it is my opinion that daily fantasy sports contests constitute illegal gambling under Illinois law," she wrote.Madigan, a Democrat, also sent letters to the two industry giants – DraftKings and FanDuel – saying she expected both sites to cease operations in Illinois.Both companies responded with statements condemning Madigan's opinion."Chicago may be the best sports town in the country," FanDuel said in a statement posted on its website...read more

Top 10 poker stories of 2015

The landscape of the poker world changed for the better – and the worse – in several ways this year, but overall, 2015 was an exciting year for poker players and fans alike.Poker picked up momentum in the U.S. in 2015, as the World Series of Poker hosted the largest live tournament of all time in May and some states moved closer to regulating the game online...read more

Dan's DFS picks for NFL Week 16

It's a Christmas miracle . . . we cashed!After a four-week losing streak, my Week 15 lineup broke through and made the money in the final DraftKings Millionaire Maker of 2015. And it was a big win, too, because I spent the last $20 in my account to buy in to the tournament.Still, I'm having a pretty terrible daily fantasy football season...read more

Casino Openings & Expansions: Bicycle Casino realizes 'decade-long vision' with luxury boutique hotel

As the first guests entered The Bicycle Hotel & Casino earlier this month, Robert H. Carter experienced a keen sense of satisfaction. For nearly three decades, The Bicycle Casino – or "The Bike," as it's often called – has been an iconic figure in the poker world...read more

Top 10 things I learned at Casino City this year

I knew very little about the gaming industry when I took this job as Casino City's copy editor earlier this year. I wasn't even especially familiar with it from a user perspective — entering the workforce with a degree in creative writing was enough of a gamble for me, thanks!Fortunately for me, the way this whole copy editing gig works is that I bring the grammar nerdery and a copy of the AP Stylebook, then I get to learn the content stuff on the job...read more

Kerkorian investment arm moving headquarters to Las Vegas

Tracinda Corp., the investment arm of late billionaire Kirk Kerkorian, is moving its corporate headquarters to Las Vegas from Los Angeles to be closer to the company's largest holdings, MGM Resorts International.The company owns 16.19% of the Strip gaming giant...read more

Inside Gaming: Wire Act hearing a disaster for online gambling opponents

The recent congressional hearing into legislation that would ban online gaming couldn't have gone worse for backers of the bill even if they attempted to sabotage the three-hour meeting themselves.Maybe they did.Three witnesses who testified in support of a measure that would roll back the Interstate Federal Wire Act to its pre-2011 interpretation came off as uninformed and unprepared.Republican congressmen trashed the legislation, which has been endorsed by billionaire casino owner Sheldon Adelson, a prolific GOP campaign contributor who has made wiping out Internet gaming a pet project.Rep...read more

Sands opens Cotai Central final piece as Adelson predicts Macau turnaround

Las Vegas Sands Corp. opened the last piece of the Sands Cotai Central development in Macau on Friday, and the company's top executive — despite 18 straight months of the market's declining gaming revenue — said the region has nearly bottomed out.During a celebration surrounding the opening of the $450 million, 400-room St...read more

Sheldon Adelson's newspaper buy has Nevadans talking, and some fretting

As a Republican mega-donor who pours millions into campaigns and political action committees, Las Vegas billionaire Sheldon Adelson is already courted by elected officials.Add to that his new status as owner of Nevada's largest newspaper.There is much yet to learn about the group that bought the Las Vegas Review-Journal last week...read more