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Featured Articles Archive - Page 204

  • Latest Articles     2031 - 2040

 
Articles by Vin  Narayanan
Articles by Vin Narayanan

Attorney: California real-money online poker site legal

23 July 2014
When the Iipay Nation of Santa Ysabel announced last week that it was launching an online poker room that would take real-money play from California residents, shockwaves rolled through the online gaming industry.California is online poker’s “whale.” With a population of more than 38.3 million, the state has almost as many people the Netherlands, Belgium and Greece combined...read more
 
Articles by Howard Stutz

Four tapped for induction to Gaming Hall of Fame

23 July 2014
LAS VEGAS -- The casino industry’s first female gaming regulator, a former Las Vegas mayor turned gaming executive, an American Indian gaming pioneer and a late gaming law expert will be inducted into the Gaming Hall of Fame in September.The American Gaming Association (AGA) announced the 2014 inductees Monday.The class includes Patricia Becker, who served on the Nevada State Gaming Control Board in the 1980s, Caesars Entertainment Corporation Executive Vice President Jan Jones Blackhurst, NIGA - National Indian Gaming Association Chairman Ernie Stevens, and longtime gaming attorney Bob Faiss.They will be honored at a ceremony on Sept...read more
 
Articles by Howard Stutz

Board not wavering on medical pot stance

23 July 2014
LAS VEGAS -- A regulatory mandate that Nevada gaming license holders stay away from the state’s neophyte medical marijuana business could be challenged again Thursday at the Nevada Gaming Commission and Control Board.But the outcome is inevitable.The Gaming Control Board’s May 6 industry notice to gaming license holders — saying they must choose between medicinal pot and gambling — won’t be altered.Possession and distribution of marijuana is a felony...read more
 
Articles by Aaron  Todd
Articles by Aaron Todd

Top-10 observations from Poker Night in America

21 July 2014
In case you haven't heard, there's a new poker show in town. If you haven't had a chance to tune in to Poker Night in America yet, I highly encourage it.At the beginning of the first episode, host Chris Hanson promised that the show wouldn't be a typical poker show, and in the first eight episodes, the show has made good on that promise...read more
 
Articles by Howard Stutz

Ashes to ashes: Strip smoking could end

21 July 2014
LAS VEGAS -- The idea of a full-scale smoking ban in Nevada casinos seems out of place.The “No Smoking” concept doesn’t fit the Strip’s “do anything” reputation.Of the 23 states with commercial casinos, 18 outlaw smoking in casinos.In Nevada, a voter referendum in 2006 banned smoking in all public places — excluding casino floors.One gaming analyst, however, has warned investors that a Strip smoking ban could become reality in the next 24 months — or sooner.Deutsche Bank gaming analyst Andrew Zarnett, who follows the industry’s high-yield bond markets, said the idea is likelier to happen now that Macau plans to ban smoking on gaming floors in October.What happens in Macau may not stay in Macau.But is a smoking ban in Nevada imminent?Gaming regulators, lawmakers and lobbyists said they haven’t heard any groundswell of support to change the state’s smoking laws.Wynn Resorts Ltd., Las Vegas Sands Corp...read more
 
Articles by Mark  Pilarski
Articles by Mark Pilarski

Deal Me In: Winning will come at a steep price

18 July 2014
Dear Mark: I love your column in the Biloxi Sun Herald. It is the No. 1 reason I get the paper. Keep up the great work. Anyway, I was curious, when you hit a mega-jackpot, are you paid the full amount all at once, or does it come in yearly installments...read more
 
Articles by Howard Stutz

Las Vegas Sands: Strong growth in Q2 profit

17 July 2014
LAS VEGAS -- Maybe the investment community is expecting too much from Las Vegas Sands Corp.The casino operator Wednesday credited another strong quarter from the company’s casinos in Macau with producing double-digit increases in both revenues and earnings.But the figures didn’t meet analyst projections.Las Vegas Sands said its net income for the second quarter increased 26.7 percent, to $671.4 million...read more
 
Articles by Howard Stutz

IGT-GTECH deal called plus for industry

17 July 2014
LAS VEGAS -- IGT - International Game Technology’s $6.4 billion buyout at the hands of lottery giant GTECH Corporation was all about timing.After years without consolidation of the manufacturing side of the gaming industry, the deal between Italy-based GTECH and Nevada-based IGT marked the fourth major transaction in the sector since late last year.It also creates the largest supplier and manufacturer to service both casino and lottery industries.IGT CEO Patti Hart viewed the transaction, announced late Tuesday night, as part of the natural cycle of fragmentation and consolidation experienced by all industries.She said consolidation on the manufacturing side will spur heightened innovation in the gaming industry, which is lacking when there are too many players in the market.“This opportunity comes along once in a CEO’s lifetime,” Hart said in an interview Wednesday...read more
 
Articles by Howard Stutz

IGT sold in $6.4 billion deal with lottery giant GTECH

16 July 2014
Slot machine manufacturer IGT - International Game Technology has been sold for $6.4 billion to lottery giant GTECH Corporation in a merger that will create the world’s largest gaming equipment provider.Under terms of the agreement, IGT and GTECH will combine under a newly formed holding company organized in the United Kingdom...read more
 
Articles by Howard Stutz

Inside Gaming: Prospects growing bleaker for Boardwalk

16 July 2014
The damage to Atlantic City associated with Superstorm Sandy in 2012 amounted to a few broken windows compared to the economic tornado tearing through the Boardwalk this year.Four casinos could be closed by fall, displacing more than 8,000 workers — 25 percent of the city’s workforce — and leaving the famous seaside resort looking more like a boarded-up slum.Since 2006, Atlantic City’s annual gaming revenue has tumbled roughly 55 percent, a reflection of the sour U.S...read more

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