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Howard Stutz Gaming Guru - Page 48Inside Gaming: California emerging as the next online poker battleground10 December 2014
California’s latest effort to legalize online poker would sideline PokerStars, shut out the racetrack industry, and offer a twist that makes traditional casinos and card rooms part of the game. Of course, the whole idea could be tossed out with yesterday’s garbage if billionaire casino owner Sheldon ... (read more)
Unwin leaving CEO post at Cosmopolitan of Las Vegas10 December 2014
Cosmopolitan of Las Vegas CEO John Unwin, who has headed the Strip resort leading up to the property’s 2010 opening, announced Tuesday he will leave his post at the end of the year. No replacement was named for Unwin, who will help in a consulting capacity to assist with a transition. The 2,995-room ... (read more)
Study shows (big surprise) gaming is No. 1 in Nevada10 December 2014
Here’s one area where Nevada ranks first in the nation — and it’s a good thing. When looking at the cumulative financial benefits of the nation’s gaming industry, the Silver State is No. 1 in economic impact, No. 1 in jobs supported and No. 1 tax revenue to state and local governments. Yeah, big surprise coming from a state when gaming is the top industry. ... (read more)
Online gaming ban omitted from government spending bill10 December 2014
WASHINGTON — Congress in its final major bill of the year unveiled Tuesday declined to support a call by billionaire casino owner Sheldon Adelson for a ban on legalized Internet gambling. The $1.1 trillion measure would fund most government operations through September of next year, making it a must-pass measure. ... (read more)
Here's why Ultimate Gaming failed so soon9 December 2014
LAS VEGAS -- The demise of Ultimate Gaming just five months short of the company’s second birthday was attributable to several factors that make online poker in Nevada a challenging business model. Until Nevada is able to find a populous state to be an online gaming partner — the pending agreement with ... (read more)
Congress may stand pat on Internet gambling9 December 2014
WAHSINGTON, D.C. -- An all-out bid by billionaire casino owner Sheldon Adelson to kill gambling over the Internet is coming up empty in the final days of Congress, sources said on Monday. Lawmakers were on the verge of unveiling a $1.1 trillion spending bill to keep the government running through next September. ... (read more)
Laxalt taps Lionel Sawyer attorney to head gaming division9 December 2014
LAS VEGAS -- Nevada’s new attorney general has reached into the private sector for a chief deputy to head up the gaming division. Attorney General-elect Adam Laxalt on Monday named J. Brin Gibson to oversee the division, which advises the Nevada State Gaming Control Board and Nevada State Gaming Commission and regulatory matters. ... (read more)
Global Cash Access edges closer to buyout of Multimedia Games8 December 2014
LAS VEGAS -- Global Cash Access on Thursday moved a step closer to completing its $1.2 billion buyout of slot machine maker Multimedia Games, Inc. The Nevada State Gaming Control Board unanimously recommended approval of the deal following a hearing in Carson City. The Nevada State Gaming Commission will rule on the matter on Dec. ... (read more)
Isaacs can thank Perelman for his exodus from exile8 December 2014
LAS VEGAS -- The irony was not lost on Gavin Isaacs. On Nov. 21, 2013, Isaacs sat in the audience of the Nevada State Gaming Commission hearing in the Sawyer Building. He watched as SHFL entertainment, where he was CEO for 32 months, was sold to slot machine giant Bally Technologies, Inc. — his former employer — for $1.3 billion. ... (read more)
Social gaming factor in Ultimate Gaming's demise8 December 2014
LAS VEGAS -- The demise of Ultimate Gaming just five months short of the company’s second birthday was attributable to several factors that make online poker in Nevada a challenging business model. Until Nevada is able to find a populous state to be an online gaming partner — the pending agreement with ... (read more)
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