Featured Articles Archive - Page 611

Rebecca and Kate do Costa Rica: Mission Accomplished.

I love Kate from Wager Profits Never have I laughed, smiled, enjoyed good company and enjoyed life as much as I did this past weekend in Costa Rica. I am officially in love with this country and with my friends that live there. I am even more in love with Wager Profits, one of the friendliest, most sincere and most promising affiliate programs in the industry...read more

Boyd chairman to alter his role

LAS VEGAS, Nevada -- In the 1970s, it was easy for Boyd Gaming Corp. Chairman Bill Boyd and his father, Sam, to visit their company's casinos in one day. Starting at the Eldorado in Henderson, the Boyds could stop by Sam's Town on the Boulder Highway and finish up the day at the California on Fremont Street. As the company grew, adding the Stardust in the 1980s, going public in 1993, and expanding outside of Nevada to six different states over the past decade, the concept of visiting every casino became virtually impossible. In announcing Friday that he would relinquish his role overseeing the day-to-day-operations of the casino company at the end of the year, Boyd, 75, explained the move was a way to get back to the old days, where he could have direct contact with customers. Boyd Gaming President Keith Smith will add the title of chief executive officer starting Jan...read more

Navegante gets OK to take over Sahara

LAS VEGAS, Nevada -- Nevada gaming regulators on Thursday gave the Navegante casino management group final approval to take over operations of the Sahara possibly as early as next week. Las Vegas-based Navegante, which is headed by former MGM Grand executive Larry Woolf, was not planning any changes in the operation of the 85,000-square-foot Sahara casino, which includes retaining the properties casino employees and most of the gaming management. The Strip property is being sold to a partnership between Los Angeles-based SBE Entertainment Group and San Francisco-based Stockbridge Real Estate Funds for between $300 million and $400 million...read more

Gimme a t, gimme an r...

LAS VEGAS, Nevada -- New York developer Donald Trump has seen his name affixed to skyscrapers and buildings in some 50 cities in the United States and abroad. However, the billionaire real estate magnate got a little sentimental knowing his name was finally going to fly above the Strip. The $1.2 billion Trump International Hotel & Tower reached a construction milestone Tuesday when a 20-foot-tall T was lifted 640-feet by a crane and attached to the top of the building...read more

International players swarm 2007 WSOP

The flags said it all. The standards for the U.S., England, South Africa, Canada and Denmark were waved proudly in the stands as fans stood in solidarity with their players at the final table of the 2007 World Series of Poker Main Event...read more

Expert says Antigua unlikely to gain entire $3.4 billion in WTO dispute

Antigua & Barbuda, which has requested $3.4 billion in compensation from the U.S. after winning a WTO dispute over Internet gambling, most likely will have to settle for a much smaller amount according to John Jackson, an international economics law expert and professor at Georgetown University Law Center. The U.S...read more

NETeller revenue drops 54%

NETeller revenue has declined 54% as a result of its withdrawal from the North American market, the company announced today. The popular payment processor took in $32.7 million in the first quarter of 2007 compared to $71.8 million in the final quarter of 2006...read more

NETeller halts Israeli online gambling transfers

NETeller will no longer process online gambling related transactions for Israeli customers, according to a press release issued last week. "Recent legal developments have increased the uncertainty regarding the legality around certain activities related to online gambling in the Israeli market," the release stated. The halt took effect on July 19. NETeller will continue to process non-gambling related transactions for Israeli customers...read more

Pre Costa Rica: The Anticipation and The Price

Kate from Wager Profits: my partner in crime Newport, Rhode Island, a fun little beach town located less than 1.5 hours drive from my apartment in Boston, MA. How many times have I been? Once. This past weekend. San Jose, Costa Rica, a vibrant, online gaming filled city located in Central America...read more

Suppliers urged to understand needs

LAS VEGAS, Nevada -- Major casino companies based in Las Vegas have expanded their presence along the Strip and beyond Nevada's borders. But they still look to local businesses to supply some of their needs. The task for small businesses, however, has become a bit more challenging. Mark Stolarczyk, vice president of corporate purchasing for MGM Mirage, who has spent 17 years in the gaming industry, said the days of small suppliers knocking on opportunity's door have long since passed. Suppliers need to understand the varied needs of the different gaming operators, he said...read more