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Featured Articles Archive - Page 427

  • Latest Articles     4261 - 4270

 
Articles by Howard Stutz

Analyst worries Senate campaign tone will hurt Vegas

21 July 2010
LAS VEGAS, Nevada -- Could the toxic rhetoric of Nevada's U.S. Senate campaign be a detriment to how much Las Vegas residents might spend with local casino operators? Deutsche Bank gaming analyst Andrew Zarnett believes this to be true. He told investors Tuesday the negative tone from the campaigns of Senate Majority Leader Harry Reid and his Republican challenger, former Assemblywoman Sharron Angle, could hurt casino spending by Nevadans. On Monday, the campaigns traded heated comments over June's unemployment figures, 14.2 percent statewide and 14.5 percent in Las Vegas. Zarnett said the drumbeat of the election highlights the state's record unemployment and a worsening Nevada economy. "We see no upside to a harsh campaign that reinforces the poor condition of the local economy and aggressively reminds residents of the economic crisis that afflicts their economy," Zarnett wrote in a research note...read more
 
Articles by Howard Stutz

Lawsuit filed to prevent rentals at Vegas complex

20 July 2010
LAS VEGAS, Nevada -- A group of potential Cosmopolitan of Las Vegas condominium owners is suing to prevent the resort from renting their units to hotel guests when it opens in December, a law firm representing the plaintiffs announced Wednesday. The lawsuit was filed Wednesday in Clark County District Court on behalf of 220 individuals with nearly $20 million in deposits on units...read more
 
Articles by Howard Stutz

MGM Mirage closing sales at CityCenter's Veer Towers

20 July 2010
LAS VEGAS, Nevada -- When award-winning architect Helmet Jahn was handed a site within the 67-acre City Center complex that would house the project's only all-residential building, the designer decided a building should be created that would fit what he considered to be the heart of the development. The firm has designed office buildings, high-rises, airports, convention facilities and commercial centers throughout the United States, Europe, Asia and Africa...read more
 
Articles by Dan  Igo
Articles by Dan Igo

Top-10 November Nine tidbits

19 July 2010
It took eight days and 78 grueling hours of play, but we are finally down to this year's final table at the World Series of Poker Main Event. Who will be playing for poker's most coveted prize in four months? Chances are, you haven't heard of many of them, so here are the top-10 tidbits for this year's November Nine (with help from Nolan Dalla).10...read more
 
Articles by Howard Stutz

Penn National terminates agreement on Ohio casinos

19 July 2010
WYOMISSING, Pennsylvania -- Penn National Gaming announced this morning it terminated option agreements with rival Lakes Entertainment concerning two casino sites in Ohio. In a statement, Penn National said it would pay Lakes a $25 million cash payment in exchange for Lakes surrendering its interest in casino projects in Columbus and Toledo. Penn National Chief Executive Officer Peter Carlino said the company would break ground on the Toledo project next month and on the Columbus site early next year...read more
 
Articles by Howard Stutz

IGT elects new board member

19 July 2010
RENO, Nevada -- Slot machine maker International Game Technology said that Vincent Sadusky has been elected to the company's board of directors. Sadusky is president and chief executive officer of LIN TV Corp., a multimedia company based in Providence, R.I. "He brings a wealth of knowledge and experience in the media industry and adds a new and important dimension to our board," IGT CEO Patti Hart said in a statement...read more
 
Articles by Howard Stutz

Game makers take aim at Pennsylvania

19 July 2010
LAS VEGAS, Nevada -- This month's rollout of table games in Pennsylvania casinos is expected to be a boon for the state's tax coffers. It's also turning into a financial windfall for Nevada-based table game providers and gambling equipment vendors. Pennsylvania is one of three Eastern states -- along with West Virginia and Delaware -- that enacted legislative changes, allowing their once slot machine-only casinos to offer customers blackjack, craps, roulette and other table games. In exchange for gambling expansion, casino operators pay their respective states additional fees and increased gaming taxes...read more
 
Articles by Alan  Krigman
Articles by Alan Krigman

Should you "work" your craps bets on the come-out?

19 July 2010
Flat bets on Pass and Come at craps, those made when the shooter is coming-out, are contracts. After the come-out roll, when the points for such bets have been established, you can't temporarily call them off or permanently take them down. This, because you're favored 8-to-4 on these wagers during the come-out, in that they win eight ways – 1-6, 2-5, 3-4, 4-3, 5-2, 6-1, 5-6, and 6-5, and lose only four – 1-1, 1-2, 2-1, and 6-6...read more
 
Articles by Vin  Narayanan
Articles by Vin Narayanan

WSOP's November Nine determined after long day filled with bad beats

18 July 2010
LAS VEGAS -- The final table for the 2010 World Series of Poker Main Event is set. When play resumes at the Rio All-Suite Hotel & Casino in November, Jonathan Duhamel will be the chip leader with 65.975 million in chips. Joining him at the final table will be John Dolan (46.25 million), Joseph Cheong (23.525 million), John Racener (19.05 million), Matthew Jarvis (16.7 million), Filippo Candio (16.4 million), Michael Mizrachi (14.45 million), Soi Nguyen (9.65 million) and Jason Senti (7.625 million).Each of the final nine players is guaranteed $811,823 in prize money...read more
 
Articles by Vin  Narayanan
Articles by Vin Narayanan

WSOP Main Event down to 27 players -- and no Theo Jorgensen

17 July 2010
LAS VEGAS -- The World Series of Poker Main Event reached a surreal place Friday.A 100,000-chip wager was actually a "small" bet. If you had 1 million in chips, you were a short stack.If you had 4 million in chips, you needed to double up just to crack the top ten on the leaderboard.Poker moved from a solitary game to a communal game, with players sharing hand information and strategy with friends on the rail.Joseph Cheong is the chip leader with 27 players remaining (photo by Vin Narayanan)Pots could reach the 19-million mark...read more

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