Featured Articles Archive - Page 248

Deal Me In: Talk about a snowball's chance in hell

Dear Mark: I am sure you saw the news. Quicken Loans are offering to pay anyone filling out a perfect bracket for March Madness a billion dollars. Do you think anybody will ever fill out a perfect bracket? Jimmy K.Nada chance, Jimmy! Zippo, zero, zilch!The $1 billion prize is safe; and believe me, Quicken Loans knows the math of such a feat...read more

Poker Player Tweets of the Week: Working on your game

The poker community is still reeling from the "counterfeit chip" scandal at the Borgata Hotel Casino and Spa Winter Open $2 million guarantee event. In short, the massive tournament was suspended with 27 players left when a slew of fake chips were found in play...read more

January 2014 Featured Game report

As I wrote at the beginning of the year, I've decided to "spice up" my Featured Game responsibilities for Casino City. I am now keeping track of my results for each week, and will provide monthly, quarterly and a final annual report at the end of the year.As noted in my introductory story, my plan is to bet $1 of play money per line per spin, or as close to it as possible, until triggering the bonus round...read more

Caesars employees approve five-year contract with Culinary union

LAS VEGAS -- About 13,000 Caesars Entertainment Corporation employees covered by Culinary Local 226 on Tuesday overwhelmingly approved a five-year contract between the union and casino company.A Caesars spokesman said 97 percent of the employees approved the agreement, which covers wages and benefits for many nongaming positions at the company’s Strip resorts, including food and beverage workers, guest room attendants, bell department, porters and others.Only the now-closed Bill’s and The Quad were not covered by the new deal.Caesars is the second major Strip resort company to agree to a new contract with the Culinary, the state’s largest labor union...read more

Revenue juggernaut: Las Vegas Sands' figures top Nevada, Atlantic City combined

LAS VEGAS -- Las Vegas Sands Corp. produced more revenue in 2013 than Nevada and Atlantic City combined.Buoyed by a 28 percent increase in revenue from its Macau subsidiary during the fourth quarter, the casino operator grew profits by 32.8 percent companywide for the three-month period ended Dec...read more

Caesars casino in Philadelphia under scrutiny after authorities close adjoining racetrack

A casino in suburban Philadelphia operated by Caesars Entertainment Corporation could face closure by Pennsylvania gaming regulators after its adjoining harness racing track was shut down by state authorities.Harrah’s Philadelphia, which is located in Chester, Pa., roughly 20 miles south of downtown Philadelphia, operates as one of five state-licensed racetrack casinos.Last week, the Pennsylvania Harness Racing Commission suspended activity at Harrah’s Philadelphia, saying it had failed to resolve problems with the track’s surface...read more

Top-10 2014 Super Bowl prop bets

Super Bowl Sunday is fast approaching, and in addition to filling out grids and helping buoy Pepsico stock through purchases of Tostitos chips and salsa, many football fans have been paying close attention to the betting line.The Seattle Seahawks opened as the favorites, but money poured in on Denver and the Broncos are now 2-point favorites at most sportsbooks...read more

National Finals Rodeo to stay in Las Vegas for 10 years

LAS VEGAS -- The National Finals Rodeo will remain in Las Vegas through 2024 after Las Vegas Events and the Professional Rodeo Cowboys Association reached agreement on a new 10-year contract Friday.The agreement ends a flirtation by the PRCA, the sanctioning body that oversees the NFR, with Orlando, Fla., and Dallas.Both cities had been looking to grab the 10-day event — considered the Super Bowl of rodeos — away from Las Vegas, where it has been for 29 years.In December, commissioners in Osceola County, near Orlando in central Florida, at a rare Sunday meeting approved an NFR bid that offered about $10 million more in prize money than what Las Vegas Events had offered.In Dallas, Mark Cuban, owner of NBA’s Dallas Mavericks, and Texas Gov...read more

Gallup CEO warns of future woes, calls job creation key

LAS VEGAS -- Gallup CEO Jim Clifton didn’t try to put a positive spin on America’s future during his keynote address Friday at Preview Las Vegas 2014.Clifton, who has been the consulting and public opinion research group’s CEO since 1988, said political and business leaders need to change their thinking if the U.S...read more

DoubleDown Casino founders leave IGT

The founders of the social gaming product DoubleDown Casino have left the company, two years after it was purchased by IGT - International Game Technology.The news follows IGT’s first-quarter earnings release, in which the slot machine giant said it could see a profit decline this year because of several “acquisition-related expenses” surrounding DoubleDown.Trade magazine Venturebeat.com first reported the departures of DoubleDown founders Greg Enell and Cooper DuBois from IGT...read more