Featured Articles Archive - Page 309

MGM gets approval to build Cotai hotel

MGM Resorts International was approved by the Macau government Thursday to build a $2.5 billion hotel-casino on the Coati Strip region.The company, through its 51 percent-owned MGM China subsidiary, paid $56 million for the land, and government officials will arrange for publication of the land concession contract in the Official Gazette of Macau.A 36-month construction effort will begin as soon as the contract is published."This destination resort represents a significant growth opportunity for MGM China," MGM Resorts Chairman Jim Murren said in a statement...read more

Boyd Gaming planning to decorate Echelon site

LAS VEGAS -- A Boyd Gaming Corporation executive told the Nevada Gaming Commission Thursday there has not been any catalyst on the Strip that would allow the company to complete the halted Echelon development.During questioning over a request for an interactive gaming license in Nevada, Boyd Gaming Executive Vice President Bob Boughner said the company expects to complete a landscaping project to hide the unfinished Strip resort by the end of December.Boughner said Boyd hopes to complete a "decorative" wrap of site's the steel and concrete structures by the first part of January."We believe the landscaping and wrap will take away from the temporary nature of the site," Boughner said...read more

Penn chief: Fighting Maryland casino expansion worth the effort

Penn National Gaming, Inc. Chairman Peter Carlino said Thursday the company's multimillion dollar gamble to defeat a casino expansion issue in Maryland has been worth the effort.The regional casino operator, which owns the M Resort, has been the funding force behind the defeat of Maryland's Question 7, which would allow a Las Vegas-style casino to be built in suburban Prince George's County.Carlino reiterated on a conference call with analysts that Penn is not opposed to the casino...read more

Nevada gaming regulators grant interactive poker licenses to three companies

LAS VEGAS -- Three companies were granted interactive gaming licenses by the Nevada Gaming Commission and Control Board Thursday as the lineup for the state's potential online poker market grew more crowded.Commissioners licensed Boyd Gaming Corporation, the Golden Nugget ownership and Fertitta Interactive - which includes the owners of Station Casinos, Inc...read more

UNITE HERE president resigning, will nominate local Culinary leader as successor

LAS VEGAS -- Culinary Local 226 leader D. Taylor, who has been at the forefront of the Strip's labor movement for more than 25 years, will be nominated at the end of November to become the national president of Washington, D.C.-based UNITE HERE.John Wilhelm, the current UNITE HERE president, announced in an e-mail message Wednesday he is stepping down, effective Nov...read more

Las Vegas attorney Frank Schreck's law firm expands gaming practice to Atlantic City

LAS VEGAS -- Brownstein Hyatt Farber Schreck has expanded its gaming law practice to Atlantic City.The national law firm, which is headquartered in Denver but centers its gaming law practice in Las Vegas, announced the hiring of three New Jersey-based gaming attorneys, Paul O'Gara, Pacifico "Pat" Agnellini and Dennis Daly.The expansion allows Brownstein to position itself as the largest national gaming practice with offices in both Las Vegas and Atlantic City...read more

Full Tilt Poker affiliates won't get paid

Full Tilt Poker affiliates were dealt a body blow this week when The Rational Group, parent company of PokerStars and FTP, announced it wouldn't pay past affiliate commissions due and it was removing previous payments made through player accounts."Other than the non-U.S...read more

Top-10 game props for the NFL season

The NFL is the most popular sport to bet on in the United States. And betting on football games isn't just popular in Nevada sportsbooks. There are a number of online sportsbooks that accept bets from all over the world, and as the availability of televised games has expanded outside the United States, European-facing sportsbooks have expanded their offerings beyond the standard point spread, money line and over/under bets.bet365 Sportsbook & Racebook offers one of the widest selections of non-standard bets on every game in the NFL slate...read more

Illinois residents don't favor statewide gaming expansion, including a Chicago casino

Prospects for a casino in downtown Chicago took a hit over the weekend.A poll conducted by the Chicago Tribune and WGN-TV found that 47 percent of Illinois residents oppose gambling expansion. The numbers have turned around since February when a survey showed 50 percent of voters statewide approved of gambling expansion.The survey results show growing opposition to new casinos and video slot machines at horse racing tracks...read more

Full Tilt Poker website will relaunch in Europe

FullTiltPoker.com will relaunch in Europe on November 6 after the company was licensed Tuesday by the Isle of Man Gambling Supervision Commission.A statement released by the Rational Group said Full Tilt Poker will reimburse $184 million to former Full Tilt Poker players who lost their money when the previous owners ceased operating the site in June 2011.Rational Group, which also operates PokerStars.eu, acquired Full Tilt Poker's assets in July following settlement of its criminal case with the U.S...read more