Featured Articles Archive - Page 264

As gaming unfolded, Faiss was there

LAS VEGAS -- Bob Faiss is considered one of the world’s leading gaming attorneys. His 40-year career could serve as a documentary on the history of Nevada gaming law and the expansion of the casino industry.Yet, Faiss nearly took a pass on law school.Thankfully, his friend and mentor, former Nevada Gov...read more

Deal Me In: 100x odds are going, going ... gone!

Dear Mark: Do you know where in Las Vegas they still offer 100x odds in craps? Steve K.I recently tweeted (you can follow me at @markpilarski) that the Casino Royale and Hotel in Las Vegas was the last casino to offer 100x odds on its crap games...read more

Poker Player Tweets of the Week: Forgetting "Runner Runner"

Last week, I promised that this week's column would be devoted to poker players' reactions to Runner Runner, the first mainstream film about the online gambling industry. Change of plans. As I covered in my review and senior editor Aaron Todd covered in his weekly top-10 column, Runner Runner was a collapse of epic proportion...read more

One-day temporary casino known as Trailer Station to make return

LAS VEGAS -- Trailer Station will return after a two-year hiatus.Gaming regulators gave Station Casinos, Inc. and United Coin Machine Company preliminary approval to operate a one-day temporary casino at the 26-acre site of the since-imploded Showboat/Castaways property on the edge of downtown near the Boulder Highway.State regulations require the company to operate a casino on the land every two years in order to retain the gaming rights for the site...read more

MGM Resorts, Penn National win suitability ruling from Maryland regulators

Maryland gaming regulators ruled Thursday that three casino companies, including MGM Resorts International and Penn National Gaming, Inc., were suitable applicants to compete for a single gaming license that could place a multimillion-dollar casino complex near the nation’s capital.The Maryland Lottery and Gaming Control Commission unanimously made the decision at a meeting in Baltimore...read more

John Ascuaga's Nugget sold to private investment group

John Ascuaga’s Nugget in Sparks has been sold to a private investment group, which will end more than 50 years of family ownership in the Northern Nevada hotel-casino.A sale price was not disclosed. The transaction requires approval of state gaming regulators.Husky Finance, a middle-market lender, is financing the deal...read more

Penn National to begin spinoff of real estate holdings

LAS VEGAS -- Penn National Gaming, Inc. will begin to spin off its real estate holdings into a separate public company this month, the casino operator and owner of M Resort told investors this past week.Under a plan approved by the company’s board of directors, Penn National shareholders will receive one share of common stock in the real estate investment trust equal to each share of common stock held in the casino operator as of Oct...read more

Randy Black out as COO of Mesquite Gaming

Randy Black, the face of Mesquite’s casino industry since the 1990s, is no longer associated with the casino company that he founded.Black, who appeared in numerous local television commercials touting the small-town atmosphere of Mesquite, has retired as chief operating officer of Mesquite Gaming, LLC, according to a memo sent to employees of the Casablanca and Virgin River casinos late Monday.Mesquite Gaming was created in 2011 following the bankruptcy reorganization of Black Gaming...read more

"Runner Runner" could have been a parody

When Brian Koppelman and David Levien wrote Rounders in 1998, they did something no one had ever done before: They made poker interesting to a mainstream audience.If Chris Moneymaker was the spark that created the poker boom in 2003, Rounders was the match that lit the fuse...read more

Top-10 questions after seeing Runner Runner

Runner Runner opened over the weekend and managed to pull in a disappointing $7.7 million, but I'll be honest, I thought it would be less. The plot of the Ben Affleck/Justin Timberlake film revolves around an offshore online gambling operation run by Ivan Block (Affleck)...read more