Featured Articles Archive - Page 538

The Impact of a Depression on Gaming Laws

Buy when there is blood in the streets, even if the blood is your own. Baron Nathan Rothschild This is not just an economic recession -- it’s a worldwide depression. The distinction is important, like the difference between neurosis and psychosis...read more

LV Sands, Elad Group deny New Frontier land deal report

LAS VEGAS, Nevada -- What began as a Web site report in Israel on Tuesday morning spun into speculation that one of two casino operators were looking at taking the vacant New Frontier site off the hands of the Elad Group, which has stalled in its plans to build a $5 billion version of New York's Plaza Hotel on the Strip location. However, the news may be nothing more than Internet-fueled fodder. Reuters News Service in Jerusalem picked up a story from Israel's TheMarker financial news Web site that the owners of Elad Group wanted to see whether Las Vegas Sands Corp...read more

Recreational bettors staying away from Vegas

LAS VEGAS, Nevada -- My brother Craig has a business partner we'll call Uncle Steve. Uncle Steve has a love affair with Las Vegas. But lately, the romance has soured. The grim economy has played havoc with the Southern California real estate market, Uncle Steve's primary source of income...read more

Gaming regulator comes full circle

LAS VEGAS, Nevada -- In a way, Mark Lipparelli is going back to his roots. When he takes his seat next week on the three-member Gaming Control Board, Lipparelli will return to an agency where he began his career as a research and securities analyst. In the years between, Lipparelli, 43, held a multitude of positions within the gaming equipment manufacturing sector...read more

Gaming Control Board gets new member

LAS VEGAS, Nevada -- Technology company owner Mark Lipparelli was named late Wednesday to the three-member Gaming Control Board by Gov. Jim Gibbons. Lipparelli, 43, who lives in Las Vegas, spent four years as an executive vice president at Bally Technologies and two years as president and vice president of Shuffle Master...read more

Gambling companies look to turn the page in 2009

LAS VEGAS, Nevada -- Good riddance 2008. The average daily share prices of most of the major publicly traded casino operators and slot machine makers ended the year on a positive note. Companies such as MGM Mirage, Penn National Gaming and Pinnacle Entertainment showed upticks during December. However, on the whole, shares in the gaming sector lost anywhere from 23 percent to 95 percent of their value over the past 12 months...read more

Books on history of gambling may explain where we are now

How did Las Vegas get where it is today? Who were the people with insight, and what factors contributed to the city and the state's growth? Historians likely will continue to study Las Vegas decades from now, charting and analyzing economic and sociological trends, looking at the swings and changes, trying to understand what makes this strange city tick...read more

Casino City's Top-10 online gaming stories from 2008

10. Chips fly and records fall at Full Tilt The combination of big names playing for some big money at a dizzying pace certainly made for one of the biggest online stories of 2008. It was the last weekend in October when the likes of Phil Ivey, Tom "durrrr" Dwan and John Juanda were playing at Full Tilt when the record for the largest online No-Limit Hold'em pot was broken four times within 24 hours. Dwan got things started when he captured a pot worth $617,968...read more

Inside gaming: Sands turns page on miserable year

LAS VEGAS, Nevada -- No one on the Strip is happier to see 2008 end more than Sheldon Adelson. The past 12 months have not been the best of times for the 75-year-old billionaire chairman and CEO of Las Vegas Sands Corp. Let's recap 2008, in no particular order. Adelson began the year as America's third-richest person, according to Forbes magazine...read more

New tourney, Omaha split titles illuminate new ways to win

Tony Guerrera and Bill Boston, two well-known names in the world of poker books, have produced titles for those seeking new ideas and strategies for 2009.Guerrera's work, Tournament Killer Poker by the Numbers: The Keys to No-Limit Hold 'em Success (276 pages, paperbound, $14.95) puts forth an approach keyed to reading and adapting to opponents, plus why it's vital to understand the blind and payout structure...read more