Featured Articles Archive - Page 505

Prive nightclub hearing delayed

LAS VEGAS, Nevada –- A hearing on an appeal of Clark County's decision to pull the liquor licenses for two Strip nightclubs was delayed Tuesday for at least two weeks. Jay Brown, an attorney for Privé and the Living Room, which operated at Planet Hollywood Resort and closed when their liquor licenses were denied, said he needed more time for the clubs' owners to prepare for the hearing. Brown said there were new developments, including a continuing reorganization of the nightclubs' management. Clark County spokesman Erik Pappa said the clubs' owners were working with the county's Department of Business License and the Metropolitan Police Department during the closure. A new hearing has been set for Aug...read more

The latest addition to the Bodog brand family: Interview with Ian Dunning of Haydock Entertainment, BodogBrand.com's Asia-facing licensee

To finish off my Bodog brand founder and licensee story writing extravaganza, I completed an interview with Ian Dunning, Managing Director of Haydock, BodogBrand.com's Asia-facing brand licensee (www.Bodog88.com). Haydock, the most recent addition to the "Bodog" brand licensee family, is licensed in the Philippines and based in Manila, a city that Ian loves and a city that I am dying to visit...read more

Cal Neva will go up for sale at Lake Tahoe

LAKE TAHOE, Nevada –- The private equity group that controls the Cal Neva resort at Lake Tahoe has put the property once owned by entertainer Frank Sinatra on the market. Canyon Capital Realty Advisors has hired the Global Gaming Group of Las Vegas-based CB Richard Ellis to market and sell the 83-year-old hotel-casino. The 219-room Cal Neva is on almost 14 acres on Lake Tahoe's North Shore...read more

Jay Daniel Company to manage Harlow's Casino

The changing landscape in the gaming industry has had a significant effect on casino operations as various properties seek to reverse revenue deterioration caused by a weakened economy, heavy debt loads and massive industry restructurings...read more

MGM's CityCenter upstages earnings report

LAS VEGAS, Nevada –- With the opening of the $8.5 billion CityCenter roughly four months away, MGM Mirage quickly found out that Wall Street had more interest in the prospects for the massive Strip development than the company's $212.6 million operating loss in the second quarter. And MGM Mirage was happy to oblige. The Strip's largest casino operator spent much of its quarterly earnings conference call Monday discussing CityCenter, the 76-acre complex that includes the 4,004-room Aria hotel-casino, boutique nongaming hotels, high-rise residential condominiums, and a 500,000-square-foot retail, dining and entertainment complex. The project will open in phases starting Dec...read more

Playing It Smart: How flexible are the return schedules for various games?

Many casino games have return schedules with payoffs contingent on the result of a round. Video poker and other slot machines are classic cases. Some table games now also have this feature integral to the primary action as well as on bonus side-bets. On window-type slots, designers are free to select chances of particular outcomes as well as their associated payoffs to achieve desired performance...read more

New TV show 'Face The Ace' makes its debut on NBC

NBC's "Face the Ace," which debuted Saturday night, has the potential to be a pretty good, and possibly mainstream, poker show. But it needs some tweaking before it gets there. The show, hosted by Steve Schirripa, has a nice game show feel to it...read more

Top-10 tips to hosting a successful home poker game

In an age where poker on TV and the term "poker celebrity" are the norm, it's easy to forget how we got to where we are today when it comes to the game. While there is actually an entire generation out there that got its start in poker via the Internet, there are even more people that learned how to play the game the old fashioned way – at a home game...read more

Casinos watch power shift in Macau

LAS VEGAS, Nevada –- Fernando Chui holds the future of Macau's once burgeoning casino industry. But will the 52-year-old former Macau legislator and cultural minister let the gambling enclave return to its boomtown days? That's the question on American casino operators' minds. Chui was overwhelmingly appointed Macau's new chief executive last week by the Special Administrative Region's 300-member election committee. He takes over Dec...read more

Lawsuit plays factor in LV Sands net loss

LAS VEGAS, Nevada –- Las Vegas Sands Corp. paid three men $42.5 million to settle a lawsuit in June, according to the operator's second-quarter earnings release Thursday. The figure contributed to the company's net loss of $222.2 million in the quarter ended June 30...read more