Featured Articles Archive - Page 483

MGM banking on CityCenter high-rises

AS VEGAS, Nevada -- CityCenter residential officials believe last week's opening of the $8.5 billion project, coupled with a 30 percent price reduction implemented in October, will be enough of a catalyst to spur sales in the project's remaining high-rise condominiums. It may have already begun. Last week, 10 potential buyers laid claim to units inside the all-residential Veer Towers. The sales figure might appear small and it was just one of CityCenter's three residential choices...read more

Sinatra and master chef combine for dining excellence at Encore Las Vegas

Putting your ego aside for the greater good isn't always an easy thing to do. But as far as Chef Theo Schoenegger is concerned, there was simply no other way to handle the conversation he had with the Encore Las Vegas management last year, six months before his signature restaurant was set to open its doors. Schoenegger came to Steve Wynn's new casino from the highly acclaimed Patina in Los Angeles for the opportunity to unveil a restaurant with his name on it...read more

Penn National has no interest in Pinnacle

LAS VEGAS, Nevada -- A gaming analyst believes it makes sense for financially flush Penn National Gaming to acquire rival regional casino operator Pinnacle Entertainment, a company in transition and being run by members of its board of directors following its chief executive's resignation a month ago. One problem: Penn and Pinnacle officials shot down the idea. "We're focused on moving the company forward," Pinnacle interim Chairman Richard Goeglein said...read more

Can you make money converting the 12 at craps into a lay bet?

By the usual standard, house advantage, the 12 at craps is a sucker bet. It's a 35-to-1 shot paying only 30-to-1. The house edge is just under 14 percent. So the bosses figure every dollar dropped on boxcars puts almost $0.14 into their pockets. Can money be made on the 12 anyway? Can people get rich on the lottery? Big lottery wins are well publicized...read more

Harrah's launches long-awaited online casino

Harrah's Interactive Entertainment looks like it has "soft launched" its long-awaited online casino -- and it has a familiar face attached to it. The new casino is named Caesars Casino Online and bears the unique black and gold Caesars branding. Caesars Casino Online is powered by Dragonfish and appears to offer a variety of games, including roulette, craps, Caribbean Poker, three-card poker, video poker, video slots and blackjack...read more

Slot-maker IGT promotes two employees

LAS VEGAS, Nevada -- Slot machine giant International Game Technology has beefed up its corporate staff by promoting two employees to new positions. Robert Melendres has been named the Reno-based company's chief legal officer and corporate secretary...read more

Deal Me In: Thomas D. 1 — Mark P. 0

Dear Mark: In your answer to Jason S. about don't pass players being allowed to take down bets, you state correctly that a don't pass bettor has 3 ways of winning on the come out, but incorrectly show the winning numbers to be 2, 3, 12...read more

Mandarin Oriental brings unique amenities

LAS VEGAS, Nevada -- Size isn't everything. In any other city, a 392-room hotel would constitute a large resort. Not Las Vegas. On the Strip, the Mandarin Oriental is billing itself as a true boutique nongaming hotel that just happens to sit at the entrance to the 67-acre CityCenter campus and is surrounded by 3,000- and 4,000-room megaresorts. But what it lacks in size -- the Mandarin Oriental's hotel rooms would comprise about six floors of its CityCenter neighbor, the 4,004-room, 61-story Aria -- it makes up for in exclusivity. The Mandarin Oriental brand has built a reputation on providing guests a luxury setting and personalized service...read more

Buy a gambling-related book as a holiday gift, stocking stuffer

Depending on their taste or enthusiasm for a particular form of gambling, your friends and/or family members might appreciate a good book as the perfect holiday gift. Here are a few suggestions with a thumbnail description of each to help guide you:The Ultimate Video Poker Pocket Book by Chris Newman (177 pages, paperbound, $19.99)...read more

Frank makes his case for UIGEA repeal in Congressional hearing

Rep. Barney Frank (D-Mass.) made his case today for repealing the UIGEA and creating regulated online gambling environment in a House Financial Services Committee hearing in Washington, D.C. "The notion that this Congress should tell millions of adult Americans that we know better than they what they should with their own money on their own time on their own computer seems to me to be a very grave error," said Frank, who chairs the committee...read more