Featured Articles Archive - Page 112

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

GLPI acquires Cannery's Pittsburgh racetrack

Gaming and Leisure Properties said Wednesday it settled its lawsuit with the owner of the Cannery casinos and acquired Las Vegas-based company's Pittsburgh-area racetrack for $440 million.The real estate investment trust and Cannery Casino Resorts said the transaction could be finalized next year...read more

Aria to get $154 million convention center expansion

MGM Resorts International will spend $154 million to expand the Aria Resort & Casino convention center by 200,000 square feet, which will include indoor/open-air spaces and a glass-enclosed venue offering views of The Park and the new Las Vegas Arena.The new convention space will take the space currently occupied by Cirque du Soleil's production of "Zarkana," which will close April 30.With completion of the expansion, Aria will offer more than 500,000 square feet of meeting space.Construction is scheduled to start in May — a month after the $350 million arena opens — with anticipated completion in February 2018.The Aria expansion will include technologically advanced, flexible meeting space across four stories."Convention business at Aria is booming, and demand is currently exceeding the space we have available," Aria President Bobby Baldwin said...read more

Adelson son-in-law orchestrated family's purchase of Las Vegas Review-Journal

The son-in-law of billionaire casino owner Sheldon Adelson arranged the $140 million purchase of the Las Vegas Review-Journal on Adelson's behalf, sources confirmed Wednesday.Patrick Dumont, who is listed on the website of Las Vegas Sands Corp...read more

Dan's DFS picks for NFL Week 15

Man, last week sucked.Not only was I knocked out of my season-long fantasy football league's playoffs, but I also had cashes stolen from me in two DraftKings GPPs. My Week 14 lineup entering Monday night was good enough to put me in the money in both the $3 buy-in Millionaire Maker and the $27 buy-in $1.5M Gridiron, but then Odell Beckham Jr.'s ridiculous performance against the Dolphins vaulted tens of thousands of entries ahead of me.So, if you've been following along with my picks this season and have been taking my advice, please tell your children I'm sorry that they won't be getting any Christmas presents this year...read more

Inside Gaming: GOP presidential candidates don't share Adelson's stance on online gambling

A handful of GOP presidential candidates debating Tuesday at The Venetian Las Vegas clearly missed the memo from their host about supporting his quest to ban Internet gaming.Las Vegas Sands Corp. Chairman Sheldon Adelson is pushing legislation in Congress to restore the Interstate Federal Wire Act to its pre-2011 interpretation...read more

Top 10 college football bowl game betting questions and answers

If you're a fervent college football fan like me, it's time to buckle up and brace yourself. Your upcoming calendar may be full of holiday parties and you most likely haven't even thought about starting your shopping (also like me), but those kind of discretionary details may very well have to take a back seat beginning Saturday, when the first of a record 40 college bowl games kicks off.Yes, we agree there are far too many bowl games (more on that below), but each and every one of the upcoming "postseason" games share one redeeming quality: a pointspread...read more

Inside Gaming: IGT remains part of Nevada even after merger with Italian lottery giant

Slot machine giant International Game Technology is as much a part of Nevada as the Battle Born motto, bristlecone pine trees, sagebrush and Lake Tahoe.The folks at the former GTECH Holdings understand this.That's one reason why the Italian-based lottery company didn't abandon the Silver State after spending $6.4 billion to acquire one of the casino industry's largest gambling equipment providers...read more

Plaza's re-emphasis on gaming leads to prosperity

Plaza Las Vegas CEO Jonathan Jossel often logs on to online message boards where downtown Las Vegas casino customers leave random comments about their experiences.What's even more surprising? Not only does Jossel read the comments and suggestions, but he often replies...read more

New York judge grants preliminary injunction against daily fantasy sites

DraftKings and FanDuel are "illegal gambling operations" that "subject the public to fraudulent perceptions." That's what a New York Supreme Justice Judge said today when he granted the New York State Attorney General's preliminary injunction against DFS operators, a devastating blow to the entire industry and its millions of customers in the Empire State. The decision comes as of a result of cease-and-desist orders sent to the two DFS industry giants on Nov...read more