Featured Articles Archive - Page 599

Sports books 'play lucky' for casinos

NEVADA -- September's slew of major college football upsets gave casino operators something to smile about. Helped along by a 106 percent increase in revenues generated by sports books, Nevada casinos won $1.058 billion in September, a 7.45 percent increase compared with $984.9 million won in September 2006...read more

Back from London...Minus a Camera and Wallet

Teppanyaki dinner. It is all Michael Caselli's fault. Every time I am out socializing with Caselli, something mysteriously disappears from my bag- first it's my cell phone, next it's my camera and wallet. I never do this in Boston! Ask anyone! Therefore, it is not my fault, it is Caselli's...read more

Top-10 Golf Gambling Games

10.) Quota Points This is the perfect game to play when you have a number of different groups competing, with each player, or team, tossing a set amount of money into the pot. Before the match, each player subtracts his handicap from 36. That number becomes the player's "quota." For example, if your handicap is a 12, then your "quota" would be a 24...read more

Heard it on The River: The Fat Man beats the house

Every gambler wants to beat the house but the FAT MAN may have found a way to do it without going to jail for not making good on his marker. Big-time gambler FOUAD al-ZAYAT, known to croupiers as the Fat Man, won a court battle with London's ASPINALLS'S CLUB to the tune of 2 million pounds he lost in one night there...read more

Smoking ban fuels quarterly loss for Herbst Gaming

LAS VEGAS, Nevada -- The acquisition last spring of three casinos in Primm helped Herbst Gaming significantly grow its overall net revenues. Nevada's 10-month-old ban on smoking in bars, restaurants and taverns, however, continued to eat away at the company's profits. Herbst Gaming reported a net loss of $28.9 million for the quarter ended Sept...read more

27th edition Of Blue Ribbon College Book must reading

It's hard to believe it's been 27 years since the first Blue Ribbon College Basketball Yearbook was published. Chris Wallace started it all at his home in Buckhannon, W.VA., and now it's being published in Tennessee and edited by Chris Dortch...read more

Skill game genre continues to gain ground

The market is maturing and the number of games available is expanding. Toss in the fact that it's both legal and safe for U.S. players to participate and is there really any surprise that the skill game genre is one of the hottest trends in online gaming? Certainly not to Ian Ross, the founder and director of Doolallys.com who added the skill game option to his portal Web site last week. "It's just a natural progression for the site," explains Ross, the 35-year-old Scotland native who started his company in 2003...read more

An image of M for Henderson

LAS VEGAS, Nevada -- At 80 acres, the site of the $1 billion M Resort is larger than MGM Mirage's 76-acre CityCenter development, which has a $7.8 billion budget. But unlike MGM Mirage, M Resort developer Anthony Marnell III isn't ready to build out the entire site at the far southern end of Las Vegas Boulevard quite yet...read more

MGM Mirage plans Muslim world resort

LAS VEGAS, Nevada -- MGM Mirage announced Wednesday it will take its first stab at developing a luxury nongambling resort inside the Muslim world. The Las Vegas-based casino operator said it would build a $3 billion hotel and entertainment complex on Abu Dhabi Island in the Persian Gulf in conjunction with the Mubadala Development Co., the investment arm of the Abu Dhabi government...read more

Pinnacle Entertainment reports dip in earnings

LAS VEGAS, Nevada -- Pinnacle Entertainment suffered a drop in third-quarter earnings, but executives and gaming analysts wanted to look ahead rather than backward. The Las Vegas-based casino operator used Tuesday's earnings release to announce a Dec...read more