Featured Articles Archive - Page 282

Penn National joining party in Indian gaming market

Penn National Gaming, Inc. is not the first commercial casino company to jump into the Indian gaming market.It probably won’t be the last.Tribal gaming operations and Nevada casino operators are finding coexistence.On April 5, Penn National said it would partner with the Jamul Indian Village of San Diego to build a $360 million hotel-casino on tribal land roughly 20 miles east of downtown San Diego...read more

What happens if a blackjack dealer doesn't give a player a card when a hit is requested?

Question: Something happened at blackjack last week. The dealer had a two-up. The first player had a 12 and the next person had an 11. The player with the 12 signaled for a hit but the dealer passed her. The person with the 11 had put out money to double down, and got the next card -- a five.The first player asked the dealer to stop and call the pit boss...read more

New Gaming Caucus formed in Congress

U.S. Rep. Joe Heck, R-Nev., and a House Democrat from Mississippi are trying to form a bipartisan Congressional Gaming Caucus to focus on gaming issues and policy.Heck and Rep. Bennie Thompson sent a letter to members of Congress earlier this month seeking caucus members...read more

Travel group executive is top choice to head American Gaming Association

A top executive from the U.S. Travel Association is the leading candidate to replace retiring American Gaming Association President Frank Fahrenkopf.The Washington, D.C., lobbying group’s board of directors will vote Wednesday on the hiring of Geoff Freeman, who is now the travel association’s chief operating officer.A search committee conducted by the American Gaming Association’s board and led by executive search firm Korn/Ferry International identified four candidates...read more

Ivey wins ninth WSOP bracelet

Phil Ivey won his ninth World Series of Poker (WSOP) bracelet Tuesday when he beat Brandon Wong heads up to win the $2,200 8-Game Mixed event at the World Series of Poker Asia Pacific (WSOP APAC).The tournament had 81 entrants and Ivey won $51,840 for finishing in first...read more

Caesars Entertainment partner Rock Gaming licensed to take over Detroit

LAS VEGAS -- The partner of Caesars Entertainment Inc. in two Ohio casinos and a planned project in downtown Baltimore soon will own a gaming hall in their hometown of Detroit.Rock Gaming, which is controlled by Detroit businessman Dan Gilbert, won approval this week from Michigan gaming regulators to take over ownership of the Greektown Casino...read more

Nevada February gaming revenues jump 15.1 percent; Strip casinos up 31.2 percent

LAS VEGAS -- A calendar shift that moved the lucrative Chinese New Year holiday into February sent Nevada gaming revenues soaring, contributing to the largest single-month total ever for the Strip.Nevada casinos collected $1.073 billion in gaming revenues during February, a 15.1 percent increase compared with the same month a year ago according to figures released Wednesday by the Gaming Control Board.The statewide gaming revenue total was the highest monthly amount produced by Nevada casinos since December 2007.On the Strip, gaming revenues hit a record $696.1 million, a 31.2 percent increase.“While February saw the timing benefit of a strong Chinese New Year, we think results still came in ahead of expectations,” Macquarie Securities gaming analyst Chard Beynon told investors,The record figures were the result of high-end baccarat play associated with the 10-day Chinese New Year holiday...read more

Former technology CEO named to MGM Resorts board

LAS VEGAS -- The former chief executive of a technology firm has joined the board of directors of MGM Resorts International.The casino operator announced Wednesday that Greg Spierkel was elected to his new post at Tuesday’s board meeting. He becomes the 12th member of the board.Spierkel, 56, spent ...read more

The legacy of Warren L. Mason

The official obituary from the funeral home in Gulfport stated that Warren L. Mason, 56, of Biloxi, MS died Easter Sunday after a long courageous battle with cancer. And that he was a devoted husband and survived by his beloved wife of thirty-three years, Sherrie, and was the proud father of three loving children, Nicole, Shane, and Laura, and Papa to his precious grandchildren, Mason, Maya, and Maddox.Obits stick to the facts like a legal notice in the newspaper, but there is a larger story to tell...read more

Analyst sees little enthusiasm for Texas casino push

A new push for gaming expansion in Texas drew muted commentary from analysts Tuesday.They have been down that road before.A Texas state senator said this week that he has support for legislation to bring 21 large and small casinos to Texas and create a state gaming commission.Casino expansion bills surface routinely in the state’s biannual legislative sessions, but the measures have universally failed.Union Gaming Group Managing Director Bill Lerner doesn’t see much difference with the latest proposal, which calls for a state constitutional amendment to expand gaming.“The issue of bringing casinos to Texas has been around for quite some time, but we haven’t heard much optimism around potential passage,” Lerner told investors...read more