Featured Articles Archive - Page 653

Sayre to get spot on Nevada control board

and Sean Whaley LAS VEGAS, Nevada -- After nearly a week of uncertainty, the Gaming Control Board finally got its third member Thursday. Randy Sayre, who was named to the panel by Gov. Jim Gibbons on Jan. 4, will get the seat after Keith Munro, who was appointed to the position by former Gov...read more

Nevada casinos post second-biggest win

NEVADA – In November, Nevada's casino operators truly gave thanks. Buoyed by robust table game play on the Strip and a skyrocketing locals market in Las Vegas, Nevada casinos won more than $1.4 billion in November, according to a report released Thursday by the Gaming Control Board...read more

News sends Sands surging

LAS VEGAS, Nevada -- Shares of Las Vegas Sands Corp. reached an all-time high Wednesday, climbing 11 percent after a gaming analyst said the company won approval from the Chinese government to develop a nongaming resort complex on Hengqin Island near its expanding casino operations in Macau. The company announced plans for Hengqin in October 2005, saying it would spend $1 billion to construct nongaming attractions on the 1,300-acre parcel, such as resort villas, golf courses and a marina. At the time, company officials said the concept was to offer other attractions to customers at Las Vegas Sands-operated casinos in Macau and on the Cotai Strip...read more

MGM Mirage compliance heads in new direction

LAS VEGAS, Nevada -- When the seemingly routine suitability hearing by the Gaming Control Board on Wednesday for an MGM Mirage director attracted 12 company representatives, including Chairman and Chief Executive Officer Terry Lanni, it was clear that something was brewing. MGM Mirage used the meeting to announce the company's new direction for its compliance committee, creating a three-member panel in which its members are completely independent from the casino company...read more

Nevada panel of two gets to work

NEVADA -- While just two members of the Gaming Control Board conducted the panel's monthly meeting Wednesday, the controversy as to which one of two appointees rightfully held the third seat was moving toward a resolution. Control Board Chairman Dennis Neilander and board member Mark Clayton handled Wednesday's agenda items while the third position sat vacant...read more

Golden Gaming gets ready to Rock

LAS VEGAS -- Golden Gaming took its initial steps Wednesday to increase its presence in the Las Vegas casino market, winning preliminary approval from Nevada gaming regulators to operate the Hard Rock Hotel's casino once the property is sold to the Morgans Hotel Group. Las Vegas-based Golden Gaming, best recognized as the operator of the PT's taverns and restaurants in Las Vegas, will manage the casino for Morgans while the company seeks its own gaming license, which could take more than a year to obtain. Morgans, which is purchasing the Hard Rock for $770 million, will operate the property's 647 hotel rooms, restaurants, The Joint nightclub and other public areas once the transaction closes...read more

Pinnacle Sports stops accepting U.S. bets

The world's largest online sportsbook just got a lot smaller. Pinnacle Sports, which was founded in 1998, announced this morning that it is no longer accepting bets from customers located in the United States. Approximately 60-65 percent of Pinnacle's business has come from the U.S., according to Eye On Gambling. The decision comes three months after President Bush signed the Unlawful Internet Gambling Enforcement Act. "If (Internet gambling sites) have any kind of exposure in the United States, or if any of their executives are traveling in the United States, certainly they risk arrest and prosecution for violating the law," said David G...read more

Poker After Dark: Jury still out, but worth a shot

If nothing else, I was looking forward to Shana Hiatt's return when Poker After Dark debuted on NBC last week. Poker After Dark is a daily one-hour poker show. Six players compete for $120,000 in a winner takes all No Limit Texas Hold'em tournament over five episodes...read more

Caribbean Adventure final table set

Robert Mizrachi will be a big fish in a small pond of amateurs at the final table of the PokerStars Caribbean Adventure as he squares off against a group of relative unknowns. But one of those amateurs has a mountain of chips. Tournament newcomer Issac Haxton rode a wave of good cards to turn his Day Three chip lead into a dominating chip stack...read more

Harrah's announces 2007 WSOP Schedule

After unprecedented success in 2006, Harrah's has added nine events to the 2007 World Series of Poker schedule. The WSOP will award 55 bracelets, including 13 "World Championships" in a wide variety of games. The WSOP will begin on June 1 with the $5,000 World Championship Mixed Hold'em and $500 Casino Employees events...read more