Featured Articles Archive - Page 448

Inventor gives roulette a new spin

LAS VEGAS, Nevada -- Summerlin resident Edward Launzel hopes to become the gaming industry's next John Breeding. First, he needs to pique the interest of a casino or a gaming vendor in Jackpot Bonus Roulette, a game invented by the 77-year-old retired New York trade-show executive. Launzel came up with the idea for a new version of roulette while living in Las Vegas for eight years...read more

Morgan Stanley to sell stake in A.C. casino project

ATLANTIC CITY, New Jersey -- Atlantic City's casino fortunes suffered another body blow on Good Friday. Late in the day, investment firm Morgan Stanley, the largest owner of the estimated $2 billion Revel Casino project, announced in a filing with the Securities and Exchange Commission that it would sell its stake in the development, which the company valued at $1.2 billion. No reason was given for the planned sale...read more

Why do so many players lose at the casino, and who gets the dough?

A common article of faith among civilians who scoff at casinos is that gambling victimizes or at least imposes a regressive de facto tax on the very solid citizens least able to afford the hits. The presumption is, since the operators have an edge in the games, players as a whole lose their lunch money to the fat cat owners...read more

Grand Prive leaves Microgaming platform

The Grand Prive group of casinos left Microgaming's software platform this week. In a move that was not publicly announced, Bella Vegas, Casino Grand Bay, Jupiter Club Casino, Lake Palace Casino and Road House Reels switched to BetOnSoft NV software...read more

Deal Me In: Pay no attention to that man behind the curtain

Dear Mark: If a player uses their club card while playing slots, does it have any effect on their results? Opposite that, can the casino reward a player who does use their card with jackpots you wouldn't otherwise get if you didn't use it? Mary Anne B. Using a player's club card has no effect on your results...read more

Top-10 reasons to March Madness at the Wynn

I've visited Las Vegas during the NCAA Tournament before. For several years, I (along with some friends) was a regular during Sweet 16 weekend. One year, we did a bachelor party during Final Four weekend. But I'd never been to Vegas during the first two rounds of the tournament -- until this year. And after experiencing the early parts of the tournament two weeks ago, I can definitively say that the best weekend to be in Vegas -- bar none -- is for the first weekend of the NCAA tournament...read more

Station players' points still safe

LAS VEGAS, Nevada -- These days, Louis Frederick and his fellow slot machine players at Santa Fe Station discuss one subject more frequently than how they plan to spend their Station Casinos players club points. They openly wonder if they will even have those points at all. Station Casinos has been operating under Chapter 11 bankruptcy protection since July...read more

Mississippi turns to casinos to fund gaming regulators

JACKSON, Mississippi -- Mississippi's gaming regulatory structure will be self-funded through fees paid by the gaming industry it oversees. The Mississippi Gaming Commission has filed a proposed fee structure with Secretary of State for a 30-day review. The gaming industry will pay to regulate itself through fees assessed for licensing, work permits, inspections and equipment, gaming commission executive director Larry Gregory told the Biloxi Sun-Herald. Commissioners are expected to vote on the fee structure sometime in May. The move to industry-driven funding was contained in a bill signed Wednesday by Gov...read more

iMEGA member identified in Kentucky motion

The Interactive Media Entertainment & Gaming Association (iMEGA) filed a motion Monday with the Kentucky Court of Appeals identifying the owner of TruePoker.com as an iMEGA member and an affected party in Kentucky's seizure of 141 online gambling domain names. The motion comes four days after the Kentucky Supreme Court ruled that iMEGA and the Interactive Gaming Council (IGC) had no standing to defend the owners of the affected domains case because neither party informed the court of their memberships. The Supreme Court requested that both parties file affidavits to prove that members were affected by the seizures of the domain names. iMEGA filed two affidavits with the Court of Appeals...read more

Deal Me In: Point chasing not permitted

Dear Mark: Returning from a stay in Florida, I had a balance of points left on my slot club card at the Seminole Hard Rock Casino. Can I give the card to a friend who lives in Florida so she can continue using my card? What would happen if she wins a jackpot on the slots? Delores P. The player's club card is probably the most successful marketing tool casinos use worldwide to make sure that gamblers return to yank them handles time and time again...read more