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Joe Weinert Gaming Guru - Page 2

Joe Weinert
 
 

Atlantic City Roundup

8 March 2004
A longtime craps player who evidently knows the game very well claims that most Atlantic City casinos are making illegal payoffs on certain bets used as tips for dealers. Brandishing a copy of state gaming regulations, William Gumper, a retired New York City police officer from Toms River, N.J., told the Casino Control Commission that place bets on 4 or 10 are supposed pay off 9:5. ... (read more)
 

Atlantic City Roundup

8 March 2004
A longtime craps player who evidently knows the game very well claims that most Atlantic City casinos are making illegal payoffs on certain bets used as tips for dealers. Brandishing a copy of state gaming regulations, William Gumper, a retired New York City police officer from Toms River, N.J., told the Casino Control Commission that place bets on 4 or 10 are supposed pay off 9:5. ... (read more)
 

Atlantic City Roundup

17 February 2004
ATLANTIC CITY -- Donald Trump agreed to give up majority ownership of his gaming company in exchange for a $400 million cash infusion that would lead to a recapitalization of the struggling firm. DLJ Merchant Banking Partners III, a unit of Credit Suisse First Boston, would become two-thirds owner of Trump Hotels & Casino Resorts. ... (read more)
 

Atlantic City Roundup

26 January 2004
ATLANTIC CITY -- Don King's days of promoting fights in Atlantic City might be done. Forever. The New Jersey Division of Gaming Enforcement, clearly fed up with King's licensing manipulations and refusal to answer questions about shady business deals, has asked the Casino Control Commission to bar ... (read more)
 

Atlantic City Roundup

20 January 2004
ATLANTIC CITY -- For two years now, Wall Street gaming analysts have picked apart proposals from New Jersey Gov. James McGreevey, characterizing his policies as hurtful to the Atlantic City casino industry. Now the governor wants to know what they really think of him: McGreevey has invited a dozen ... (read more)
 

Atlantic City Roundup

13 January 2004
ATLANTIC CITY -- Atlantic City casinos finished the year with a disappointing December, during which gross gambling revenue grew only 2.8 percent despite the addition of Borgata Hotel Casino & Spa. Their revenue take was $320.4 million. Analysts and executives pointed to snowstorms in early December ... (read more)
 

Atlantic City Roundup

6 January 2004
ATLANTIC CITY -- Atlantic City casinos dodged another competitive bullet when Pennsylvania legislators failed to agree on a gambling-expansion plan in their year-end budget negotiations. The issue was not whether to legalize casinos and racetrack slots, but to what extent. Legislators appeared to ... (read more)
 

Atlantic City Roundup

15 December 2003
ATLANTIC CITY -- New Jersey gaming regulators are examining MGM Mirage's decision to restart a New York City slot-machine casino even though its partner there is under federal indictment. U.S. attorneys announced the indictment against the New York Racing Association, which has an agreement with MGM ... (read more)
 

Atlantic City Roundup

9 December 2003
ATLANTIC CITY -- Donald Trump realigned management at his Atlantic City casinos in a bid to put a miserable 2003 behind. Mark Brown resumed his job of chief operating officer at the flagship Trump Taj Mahal, in addition to his duties as corporate chief operating officer of Trump Hotels & Casino Resorts ... (read more)
 

Atlantic City Roundup

1 December 2003
ATLANTIC CITY -- When it comes to the possibility of legalizing racetrack slots in New Jersey, Atlantic City casinos are taking the position of, If you can't beat 'em, pay 'em off. Casino executives are working with Gov. James McGreevey, legislators and a state agency that owns two tracks on a casino-funded plan to boost racing purses. ... (read more)

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