Featured Articles Archive - Page 459

Few condo sales at CityCenter, but analysts satisfied

LAS VEGAS, Nevada -- CityCenter has sold 25 of its 2,400 high-rise condominium units since sales began closing at the end of January. The figure represents just 1 percent of the $8.5 billion development's residences...read more

Top-10 ways Las Vegas Sands is going green

From gambling to fine dining and carousing, there is no shortage of entertainment options in Las Vegas. But a few weeks ago, I found myself in a place I had never envisioned visiting -- the waste recycling area for the Venetian and the Palazzo. Las Vegas Sands has become a global leader in sustainable development...read more

Cosmopolitan of Las Vegas sees high views as a draw

LAS VEGAS, Nevada -- The Cosmopolitan of Las Vegas is not for acrophobes. From a 40th-floor open-air balcony overlooking the Strip, Cosmopolitan hotel guests are seemingly at eye-level with the Eiffel Tower replica across the street at Paris Las Vegas. And the Cosmopolitan has 10 stories of hotel rooms above the 40th floor. Each unit of the 2,995-room hotel has its own terrace, which is unheard of in Las Vegas. The difference is also the experience. The Eiffel Tower viewing platform is fully enclosed by steel and mesh. At the Cosmopolitan, hotel guests can take in the Strip, gaze upon the Bellagio fountains, look down on the Planet Hollywood Resort swimming pool and oversee CityCenter from beyond their rooms outside on a patio-style setting. A steel-enforced railing bar keeps you about two feet from the terraces' edge...read more

Wynn pulls Philadelphia casino project

PHILADELPHIA, Pennsylvania -- Casino developer Steve Wynn spent more than an hour Monday meeting with the mayor of Philadelphia, touting his plan for what he had said would be the "cutest place we ever built" on a waterfront gaming site along the Delaware River. Wynn, chairman of Wynn Resorts Ltd., even delivered a package of color renderings of the proposed $600 million casino-only development to state gaming regulators, three weeks ahead of schedule. On Thursday, in a two-paragraph statement after the stock markets closed for trading, Wynn said he was canceling plans for the project. "We are fascinated by the legalization of full gaming in Pennsylvania and stimulated by the opportunity that it presents for Wynn Resorts, but this particular project did not, in the end, present an opportunity that was appropriate for our company," Wynn said in the statement. The state and city would take more than half of the new casino's slot revenues and 16 percent of its table game revenues. Wynn declined comment beyond the statement. The news surprised his partners in the project...read more

Nevada wants gaming industry to pay to regulate

LAS VEGAS, Nevada -- The idea of having the gaming industry pay the costs to regulate and enforce Nevada's gambling laws didn't die in the recent special session of the Legislature. But Nevada lawmakers want Gaming Control Board Chairman Dennis Neilander to analyze by this summer the concept of having casino operators and slot-machine manufacturers fund the agency's $32 million annual budget. During February's special legislative session to close a more than $800 million budget gap, casino lobbyists backed away from an effort by Democrats to have gaming pay the control board's costs...read more

Nevada gaming revenues jump big in February

LAS VEGAS, Nevada -- The Year of the Tiger had some teeth. Nevada recorded its first double-digit increase in gaming revenues in almost three years during February, buoyed by results from the customer-rich Chinese New Year holiday and Super Bowl weekend. Statewide, casinos reported total gaming revenues of $946.6 million during the month, a 13.9 percent increase compared with February 2009, when casinos collected $830.9 million, according to figures released Thursday by the Gaming Control Board. The last time Nevada gaming revenues grew by double-digits was in July 2007...read more

Playing the Field Has Merits, but not Necessarily at Craps

You don't hear the expression much nowadays. Once upon a time, though, single men or women who dated but didn't "go steady" were said to be "playing the field." Psychologists, social scientists, and many parents considered this generally prudent. At craps, playing the Field is almost universally regarded as foolish – certainly in terms of its adverse impact on bettors' bankrolls...read more

Old guard a force at NAPT Mohegan Sun

UNCASVILLE, Connecticut -- In a tournament sponsored by an online poker room, and in a field that was filled with baby-faced youngsters, it was ironic that three of the top five finishers in the PokerStars.net North American Poker Tour Mohegan Sun Main Event were in their teens and twenties before the Internet phenoms were even born. Mike Beasley said he didn't think the younger players in the field took him too seriously until it was too late...read more

Selbst cruises to NAPT Mohegan Sun title

UNCASVILLE, Connecticut -- Minutes before the final table began Sunday at the PokerStars.net North American Poker Tour Mohegan Sun Main Event, final tableist Alistar Melville asked me how long these final tables usually take. "It varies," I told him...read more

Selbst in familiar position after Day 4

UNCASVILLE, Connecticut -- Vanessa Selbst is in a familiar position heading into the final table at the PokerStars.net North American Poker Tour Mohegan Sun Main Event. For the third day in a row, the Yale Law School student ended play in the top three in chips...read more