Featured Articles Archive - Page 493

Nevada Gaming Control board escapes cuts

LAS VEGAS, Nevada –- Nevada gaming regulators fared better than other state agencies at the Legislature. Faced with a possible 15 percent operating budget reduction that could have slowed state-mandated audits and curtailed law enforcement functions, the Gaming Control Board made successful arguments to Carson City lawmakers to keep much of the agency's proposed budget intact. The control board, which oversees Nevada's multibillion-dollar casino industry, saw its 2010-11 budget slashed by $6.1 million, as opposed to the $11.1 million reduction offered by Gov...read more

Playing It Smart: How does jackpot size affect slot machine performance?

You're cruising the aisles of your favorite den of iniquity. You see that some slots have huge jackpots while others have rather moderate high-end returns. Many solid citizens figure only suckers don't go for the gold. A jackpot is a longshot, anyway...read more

Pinnacle reports $4.7 million profit

LAS VEGAS, Nevada –- The sale of stock in a rival casino operator helped Las Vegas-based Pinnacle Entertainment reverse a second-quarter loss from a year ago. The regional casino operator reported a profit of $4.7 million, or 8 cents per share, for the quarter ended June 30...read more

Shulman throwing barbs at WSOP

LAS VEGAS, Nevada –- The nine players who qualified for the World Series of Poker's main event final table are using the four-month break between hands to sign sponsorship deals, relax, or better their game. Card Player magazine Editor Jeff Shulman is spending the time lobbing bombs at tournament owner Harrah's Entertainment. Shulman, 34, sparked a dustup when he told a poker blog he would toss the World Series of Poker champion bracelet "in the garbage" if he won the $10,000 buy-in no-limit hold 'em main event. He didn't backtrack after earning a seat at the final table...read more

Heard it on the river: Plenty to do at Tunica

How many times have your heard the tired refrain…"there's nothing to do outside of the casinos in Tunica." What a crock. Maybe we don't have naked dancing ladies, bar hustlers, fleece and release joints and overly expensive restaurants with celebrity chefs but if you stop and smell the roses you will find there's plenty do besides whacking away at a slot machine or hollering "all in." Like the TUNICA RIVER PARK for instance which just re-opened its Eco Trail after needed repairs from flooding and some updating for more viewing pleasure of the woods and wildlife that abound along the Mississippi River...read more

Gambling and the Law: Almost the Law

Law school classes are conducted using the case method. Students are given published court opinions and then questioned on what they deduce the law is. This produces lawyers with the mistaken belief that the first place to look when conducting legal research is reported cases. It is dangerous to forget that the final say on the law still usually means a bill that has been approved by a legislature and signed by the executive...read more

Investors bet on IGT despite down quarter

LAS VEGAS, Nevada –- Investors are looking toward the future and not the past when it concerns International Game Technology. The Reno-based slot machine giant said Thursday its profits declined 39 percent in the quarter that ended June 30...read more

Deal Me In: Yes, the casino wants an occasional winner

Dear Mark: Why is it that when losing, so long as I keep playing, casino management is polite and courteous, but once I start winning, and winning big, I feel a change in attitude? Fred F. Regrettably, Fred, there are some in casino management that sweat the money as if it were their own pirated loot...read more

Ex-dealer sues Caesars Palace over smoke exposure

LAS VEGAS, Nevada –- A dealer who spent two decades at Caesars Palace has sued the Strip resort and parent company Harrah's Entertainment in federal court claiming that exposure to secondhand smoke forced her to quit her casino job. In a lawsuit that attorneys are seeking to have certified as a class action case, former blackjack dealer Tomo Stephens claimed Caesars Palace isn't doing enough to protect its workers from the dangers of secondhand smoke. The lawsuit, filed Wednesday in U.S...read more

Bodog.com's journey towards global expansion: Bodog Europe's Keith McDonnell explains it all while enjoying some Antiguan sea, sun and a little rum punch

Antigua with Keith and Calvin As I learned during my recent visit to the Morris Mohawk Gaming Group in Kahnawake, Bodog.com is back and ready to step into the spotlight once again. To further my ongoing Bodog education, I was provided with the opportunity to join the BodogBrand.com licensing group and Bodog Europe executive team in Antigua to learn more about the Bodog Brand's global expansion and affiliate system plans...read more