Featured Articles Archive - Page 692

Gaming in Nevada: New North Strip Hotel Planned

LAS VEGAS, Nevada -- The north end of the Strip has picked up another potential tenant. Maxim magazine and Southern California-based real estate developer Concord Wilshire Partners announced plans Monday for an estimated $1.2 billion hotel-casino themed on the best-selling men's lifestyle magazine. The magazine's publishing company said it hoped to open a 2,300-room hotel with a 60,000-square-foot casino just north of Circus Circus and Riviera in 2010. "It's not a themed place along the lines of New York-New York or The Venetian, but it's what we would describe as a fun, stylish and modern resort with a four-star hotel that is accessible with great service and great amenities," said Barry Pincus, director of brand development for Dennis Publishing. Concord Wilshire spent $90.25 million last year to acquire four parcels totaling 7.65 acres, according to the Clark County Assessors Office. The largest parcel, 5.12 acres, has an entrance off Circus Circus Drive...read more

Positively Fifth Street Positively Outstanding

When James McManus first proposed his trip to Las Vegas to cover the World Series of Poker (WSOP) to Harper's Magazine in 2000, he expected his own experience to merely be a footnote in the story. Instead, he ended up being one of the main characters in the story, which he expanded on in his book Positively Fifth Street...read more

Nevadan At Work: Despite Many Changes, Bally's Long-Time Exec Stayed

In the last 20 years, Bally's Las Vegas has had one name change, almost a half-dozen corporate overlords, a dozen property presidents and countless internal and external renovations and enhancements. Rick Zeller, however, has remained a constant. In 1986, when he was age 33, Zeller was asked to move to Las Vegas from Bally's Atlantic City casinos to help Bally's when the company bought the original MGM Grand and renamed the property Bally's Las Vegas...read more

Latest from UK Gambling Commission: 'Licensing, Compliance and Enforcement'

A new consultation document from the U.K. Gambling Commission proposes ways the Commission could use its power under new gambling laws to monitor and regulate British gambling operators and suggests courses of action dealing with operators who are not in compliance...read more

Rebecca's Recommendations - June 2, 2006

I have a very exciting announcement. Thanks to Gambling911.com, I have a new nickname: Rebecca "Liquorero" Liggero. You like that? My parents are so proud. No, really- they are. If you want to know what it takes to earn a nickname of this caliber, please read CAP Miami Beach: Another drunk and disorderly person's view...read more

Maximum coins, maximum jingle

Dear Mark, What is the benefit of playing the full coin amount in either video poker or slots? Emily K. Next time you’re front and center of a one-armed bandit, give the pay table a once-over and you’ll note that when five coins are wagered, all winning hands, except for the royal flush, are paid out multiplied by a factor of 5...read more

Las Vegas Sands Gets Loan for Macau

LAS VEGAS -- Las Vegas Sands Corp. has secured a $2.5 billion financing package to fund its gaming projects in Macau. Analysts consider the loan, which comes from six different banks, to be the largest single credit facility ever given to a nongovernment entity in China. The loaned money will be used to fund an expansion of the casino at the existing Sands Macau and for construction of the $3 billion Venetian Macau, now under construction on Cotai, which is just minutes south of Macau by car...read more

Las Vegas Sands Shares Get Boost

LAS VEGAS --Shares in Las Vegas Sands Corp. got a boost in value following last week's announcement the company was awarded the right to build a $3.6 billion casino and entertainment complex in Singapore. The news also gave a bump to a local financial consulting firm's gaming industry stock index. Most of the major gaming companies tracked by Applied Analysis saw their average daily stock prices decrease during May, victims of profit-taking by investors worried that rising fuel costs might impact the spending habits of some casino patrons. The index closed up almost seven points, but without Las Vegas Sands, the index would have posted a 10-point decline. Brian Gordon, a partner in Applied Analysis which tracks nine gaming companies for the index, said Wednesday that economic assuredness nationally dropped in May, which impacted the gaming sector. "The market as a whole took a dive during May," Gordon said...read more

Boyd Plans 1,500 Slots for Florida Casino

LAS VEGAS -- Las Vegas-based Boyd Gaming Corp. jumped into the middle of the Florida gambling debate, agreeing Wednesday to buy a privately owned Fort Lauderdale jai alai fronton and its adjacent 50 acres for $152.5 million. The jai alai fronton, which offers poker and pari-mutuel wagering on dog racing and horse racing, is one of four locations Broward County voters approved to operate up to 1,500 slot machines each in a ballot referendum more than a year ago. Gov...read more

Final Chance to Play in the Lavalife Party Poker Challenge

Players looking to win a trip for two to the Turks & Caicos Islands, earn a 50-inch plasma screen TV, or find their soul mate have one more chance tonight - Thursday, June 1. The Lavalife Party Poker Challenge, a series of 12 tournaments designed to give single poker players a chance to meet, will hold its final qualifying tournament on that date, giving 20 more players a chance to play in the $25,000 final on June 8...read more