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Featured Articles Archive - Page 606
Highlights from Tel Aviv, August 2007: I want to marry a Jew4 September 2007 I have a new favorite city. Forget Costa Rica. Forget the Swedes. Enough with the French Canadians. I want to marry a Jew. Tel Aviv is the most incredible place I have visited in my entire life. Sure, I might have more friends in Tel Aviv than in all other cities combined, but I still believe Tel Aviv is a very, very special place and absolutely one of a kind...read moreArticles by Howard Stutz
Sands, Wynn get boost from Macau4 September 2007
LAS VEGAS, Nevada -- Interest in the growing Macau casino market fueled investors' actions regarding shares of two gaming operators during August. The stock prices of other companies weren't so lucky.
Las Vegas Sands Corp., which opened the $2.4 billion Venetian Macau on Tuesday, and Wynn Resorts Ltd., which reported better-than-expected earnings in early August, recorded double-digit increases in their average daily share prices during the month.
The jump by the two companies was enough to move an index that tracks the average daily price of six casino operators and three slot machine makers upward when comparing August with July.
The average daily stock price of gambling equipment maker Bally Technologies was the only other gaming company tracked in the index to record an increase in its average daily August stock price.
Shares of Las Vegas Sands averaged $97.77 on the New York Stock Exchange during August, 20 percent higher than in July...read morePokerStars offers instant deposit method30 August 2007 PokerStars, the largest online poker room still accepting U.S. players, recently unveiled its newest depositing option – Instant eChecks – to a limited number of American players.
Instant eChecks represents the first instant depositing option since NETeller stopped offering its popular INSTAcash service and pulled out of the U.S...read moreArticles by Howard Stutz
Reno casino workers to hold labor votes30 August 2007
RENO, Nevada -- Reno casino workers represented by Culinary Local 226 are holding two separate votes today, one to ratify a new contract at Circus Circus in Reno and another to authorize a strike at the Grand Sierra Resort.
About 700 workers at Circus Circus reached a tentative agreement with management on a new five-year contract...read moreThe Reel Life30 August 2007 The week of Susan
Last week in The Reel Life, we followed Bodog online slot player Susan G. as she tore up the machines for more than $30,839 in winnings. The day that article was published she continued her amazing run, capturing another $124,000 in online slot victories...read moreBodog loses domain names in patent infringement suit29 August 2007 Calvin Ayre was forced to launch a new gambling Web site Wednesday after losing most of his Bodog.com domain names to 1st Technology LLC in a patent infringement dispute.
Last September, 1st Technology sued Bodog in a federal court in Nevada, alleging the online gaming company was illegally using a "method and system for interactively transmitting multimedia information over a network which requires a reduced bandwidth," according to court documents obtained by Casino City...read moreArticles by Howard Stutz
Venetian expected to alter gaming in Macao28 August 2007
MACAO -- On the eve of opening a $2.4 billion resort in Macau that will double the casino and hotel capacity of the Chinese gaming enclave, executives from Las Vegas Sands Corp. said there is room for more.
The company's 3,000-room Venetian Macau, an 11 million-square-foot complex, opens today in what Las Vegas Sands President Bill Weidner believes will be a market-transforming event...read moreArticles by Howard Stutz
Hurricane Katrina aftermath: Renewed, reborn27 August 2007 NEW ORLEANS, Louisiana -- The South has risen again.
Wednesday marks two years since Hurricane Katrina, packing 135 mph winds and an estimated 35-foot storm surge, roared across the Gulf of Mexico and demolished the vibrant casino industry that had flourished along Mississippi's Gulf Coast.
When the clouds dissipated, 12 casinos were left in ruins...read moreArticles by Howard Stutz
MGM Mirage workers: Unions approve contract27 August 2007 LAS VEGAS, Nevada -- MGM Mirage workers represented by the Culinary and Bartenders unions overwhelmingly approved a new five-year collective bargaining agreement Friday that not only secured employees higher wages and benefit increases but also ensured the possibility that the labor organizations' single largest bargaining group could grow even bigger.
Employees, meeting in morning and afternoon sessions at the Mandalay Bay Convention Center, ratified the collective bargaining agreement covering 21,000 members of Culinary Workers Local 226 and Bartenders Local 165 at 10 MGM Mirage Strip resorts...read moreWild jokers add to video poker fun23 August 2007 Super Slots Casino's Multi-Hand Double Joker video poker game is easy to pick up and hard to stop playing. Game play is relatively easy. You can play up to four hands. There's one draw. Jokers are wild. And the pay table is easy to understand...read more |
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