Featured Articles Archive - Page 634

MGM Mirage to invest $160 million in M Resort

LAS VEGAS, Nevada -- MGM Mirage announced Thursday it was investing in the proposed $700 million M Resort that is being developed on the far southern end of Las Vegas Boulevard by Anthony Marnell III, the son of casino building pioneer Tony Marnell. The casino giant, which operates 10 Strip resorts and is building the $7.4 billion Project CityCenter, will finance $160 million of the M Resort through a subordinated convertible note...read more

Boyd sluggish without Strip presence

LAS VEGAS, Nevada -- While it spends much of the next three years building the $4.4 billion Echelon on the former Stardust site, Boyd Gaming Corp. will rely on its Las Vegas locals properties and the Borgata in Atlantic City to carry the bulk of the company's revenue stream. The announcement of the casino operator's first-quarter earnings Thursday highlighted that. Boyd Gaming said net income during the quarter ended March 31 was $33.5 million, or 38 cents per share...read more

Dow rise no help for gaming firms

and Matthew Crowley LAS VEGAS, Nevada -- Nevada's publicly traded gaming companies didn't experience much of an impact Wednesday when the Dow Jones industrial average cracked the 13,000-point barrier, analysts said. Results show that noncasino companies based in Las Vegas were also mostly static. The stock prices of the major casino operators and gaming equipment manufacturers rise and fall based on other factors, said Brian Gordon, a partner in Applied Analysis, a Las Vegas-based financial consultant. "There is already a broad interest in the sector," Gordon said...read more

Shuffle Master's hand looks better

LAS VEGAS, Nevada – Two months after taking it on the chin from Wall Street, gaming equipment provider Shuffle Master has regained a bit of its luster. The Las Vegas-based company, which manufactures table game management products and distributes table games such as Three Card Poker and Let It Ride, completed a restatement of its first-quarter earnings on Monday in a filing with the U.S...read more

YAHOO! enters online poker market

YAHOO! entered the real-money poker market today, launching an Internet card room in conjunction with St Minver, one of Europe's largest gaming operators. See the Web site here . The YAHOO! UK & Ireland Games Web site also supports real money Bingo. Both gambling sites are fully operational and is powered Boss Media AB software...read more

Internet gambling still illegal in Washington

Reports that the Washington State legislative branches have passed a bill amending the state's anti-online gaming laws are false, the Governor's office said today. "It didn't pass through the legislature," said John Lane, the Executive Policy Advisor for Washington Governor Christine Gregoire...read more

I-play signs Negreanu for poker projects

UK-based mobile entertainment company I-play signed Daniel Negreanu as the front man for its upcoming cellular-phone poker game and series of streaming training video clips available for download. The cell-phone game, available later this year, features a "realistic feel," according to Negreanu, and "state of the art artificial intelligence that will allow any beginner a chance to become a great player." The artificial intelligence was tested against bots, particularly AI bots designed from other mobile game programs, Negreanu said...read more

Frank introduces bill to regulate Internet gambling in U.S.

U.S. Rep. Barney Frank (D-Mass.) introduced a bill on Thursday morning that would license Internet gambling companies and regulate the industry, allowing Americans to place bets online. The Internet Gambling Regulation and Enforcement Act would establish a regulatory and enforcement framework to license companies and accept bets from people in the U.S., so long as they follow state regulations. The Unlawful Internet Gambling Enforcement Act, which was signed in October last year, prohibits financial institutions from allowing U.S...read more

Lucky grandma wins big at slotland

One lucky grandmother, mired in bills and debt, put aside her financial woes aside for one evening and decided to test her luck in slotland.com's triple video poker game "Wild Hearts." Three hands into her session, the grandmother joyfully watched two wild cards pop up with her trip Kings, giving her five-of-a-kind and a jackpot totaling $775...read more

Rebecca's Recommendations - April 26, 2007

Surprise! What do you think of the new Online Casino City Times newsletter? Do you like? It is a pretty hectic time over here between the launch of our new and improved newsletter, the launch of our GPWA Times magazine, and preparation for the big Casino Affiliate Convention in Amsterdam next week...read more