Featured Articles Archive - Page 393

Adelson envisions a "mini Las Vegas Strip" in Spain

SINGAPORE -- Las Vegas Sands Corp. Chairman Sheldon Adelson said Thursday he wants to create a $20 billion "mini Las Vegas Strip" in Spain.Adelson, in Singapore for the opening of a new entertainment feature at the $5.5 billion Marina Bay Sands, told news organizations the casino company is eyeing Spain as its next foreign gaming destination.Adelson said the company was looking at a "$20 billion project" in either Madrid or Barcelona...read more

Nevada company awarded Louisiana gaming license

LAS VEGAS, Nevada -- The former chief executive officer of Pinnacle Entertainment will have the chance to develop the hotel-casino project that his ex-employer canceled.Louisiana gaming authorities on Thursday awarded the state's final gaming license to Creative Casinos, a Las Vegas-based company headed by Dan Lee, who plans to build Mojito Pointe, a $400 million hotel-casino in Lake Charles on land adjacent to Pinnacle's flagship L'Auberge du Lac resort.Lee, a former executive with Steve Wynn's Mirage Resorts who built Pinnacle into a regional gaming powerhouse, won the license over competing bids from Penn National Gaming, which wanted to bring the gaming license to New Orleans, and a Louisiana developer, who proposed a Hard Rock Hotel and Casino in Lake Charles.The commission's decision means Lee can take his project to Lake Charles voters for their approval."We're going to build a beautiful resort for that property," Lee told the Associated Press after the hearing...read more

CityCenter condos bring in $490 million

LAS VEGAS, Nevada -- CityCenter condominium sales, once anticipated to be a $2.7 billion business venture, brought in $490 million in revenues in 2010, according to figures supplied by MGM Resorts International in the company's year-end financial release.The 67-acre Strip development has three high-rise residential developments -- Mandarin Oriental, Vdara and Veer Towers -- encompassing 2,400 condominiums...read more

Heard it on the River: Horseshoe Casino hosting $7 million blackjack lottery

It's not a tournament as such, more of a high dollar promotional lottery of sorts but the numbers are compelling. HORSESHOE, which has always been a leader in high dollar tournaments has launched the ULTIMATE $7 MILLION GIVEAWAY which turns out to be a blackjack lottery, if such a thing exists.Here is my take on making it understandable so anybody who has ever played any blackjack, or not, will want to get into this event with has a staggering payoff, Horseshoe style.On Feb...read more

MGM founder donates $200 million to UCLA

LAS VEGAS, Nevada -- MGM Resorts International founder Kirk Kerkorian is transferring his $200 million charitable foundation to UCLA. Kerkorian, 93, is a Los Angeles-based financier who founded the Strip casino giant and still remains the company's largest stockholder...read more

Penn National continues to stay busy

LAS VEGAS, Nevada -- Penn National Gaming has proved itself to be a casino operator that doesn't like to wait.The regional gaming company began preliminary site work in January on a potential location in New Orleans for a $145 million casino, even though Louisiana won't award the gaming license until later this month.Wyomissing, Pa.-based Penn National has taken a similar attitude with M Resort.The company, which acquired the debt covering the nearly 2-year-old, 390-room hotel-casino last fall, has begun marketing M Resort to its customer database.In January, Penn National mailed more than 100,000 marketing and promotional pieces on M Resort to customers of the company, which owns more than a dozen casinos and racetrack casinos in the south, Midwest and Northeast.Many of Penn's casinos operate under the Hollywood Casino brand."We began sending offers to stay at the M to some of our highest value players," Penn National Chairman and Chief Executive Officer Peter Carlino said...read more

Top-10 gambling couples

It's Valentine's Day, the day on the calendar when we acknowledge the loves of our lives. And even though we spend most of our time writing about the gambling industry, we at Casino City enjoy a good love story as much as the next person. So to celebrate, we've devoted this week's top-10 list to our favorite gambling couples.10...read more

Top-10 gambling couples

It's Valentine's Day, the day on the calendar when we acknowledge the loves of our lives. And even though we spend most of our time writing about the gambling industry, we at Casino City enjoy a good love story as much as the next person. So to celebrate, we've devoted this week's top-10 list to our favorite gambling couples.10...read more

Top-10 gambling couples

It's Valentine's Day, the day on the calendar when we acknowledge the loves of our lives. And even though we spend most of our time writing about the gambling industry, we at Casino City enjoy a good love story as much as the next person. So to celebrate, we've devoted this week's top-10 list to our favorite gambling couples.10...read more

Top-10 gambling couples

It's Valentine's Day, the day on the calendar when we acknowledge the loves of our lives. And even though we spend most of our time writing about the gambling industry, we at Casino City enjoy a good love story as much as the next person. So to celebrate, we've devoted this week's top-10 list to our favorite gambling couples.10...read more

Top-10 gambling couples

It's Valentine's Day, the day on the calendar when we acknowledge the loves of our lives. And even though we spend most of our time writing about the gambling industry, we at Casino City enjoy a good love story as much as the next person. So to celebrate, we've devoted this week's top-10 list to our favorite gambling couples.10...read more

Top-10 gambling couples

It's Valentine's Day, the day on the calendar when we acknowledge the loves of our lives. And even though we spend most of our time writing about the gambling industry, we at Casino City enjoy a good love story as much as the next person. So to celebrate, we've devoted this week's top-10 list to our favorite gambling couples.10...read more

Top-10 gambling couples

It's Valentine's Day, the day on the calendar when we acknowledge the loves of our lives. And even though we spend most of our time writing about the gambling industry, we at Casino City enjoy a good love story as much as the next person. So to celebrate, we've devoted this week's top-10 list to our favorite gambling couples.10...read more

Top-10 gambling couples

It's Valentine's Day, the day on the calendar when we acknowledge the loves of our lives. And even though we spend most of our time writing about the gambling industry, we at Casino City enjoy a good love story as much as the next person. So to celebrate, we've devoted this week's top-10 list to our favorite gambling couples.10...read more

Top-10 gambling couples

It's Valentine's Day, the day on the calendar when we acknowledge the loves of our lives. And even though we spend most of our time writing about the gambling industry, we at Casino City enjoy a good love story as much as the next person. So to celebrate, we've devoted this week's top-10 list to our favorite gambling couples.10...read more

Folk hero Soi Nguyen to remain busy in 2010

MASHANTUCKET, Connecticut -- Every year at the World Series of Poker Main Event, one player emerges as the folk hero. Dennis Phillips was the 2008 folk hero. Darvin Moon earned that distinction in 2009. And in 2010 it was Soi Nguyen.The California-native was the elder statesman of the final table at the age of 37...read more