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John L Smith Gaming Guru - Page 2

John L Smith
 
 

Haze of hypocrisy hangs in smoky casino air

30 September 2015
You're not allowed to smoke within 25 feet of the entrance to the Sands Expo and Convention Center, according to the sign. On Tuesday morning, smokers blurred the 25-foot rule to catch a few puffs between programs at the annual Global Gaming Expo. That irony, fogged in hypocrisy, wasn't lost on Stephanie Steinberg. ... (read more)
 

Nevada bookmakers skeptical about Trump's betting claims

28 September 2015
If you haven't heard Republican presidential candidate Donald Trump brag about the vastness of his wealth lately, wait five minutes and he'll remind you. "I'm proud of my net worth," he said in June. "I've done an amazing job ... The total is $8,737,540,000 U.S. I'm not doing that to brag, because you know what, I don't have to brag." No, but that doesn't stop him. ... (read more)
 

Time to rename street in Stupak's honor

6 August 2015
It's just a slash of asphalt in the shadow of the Stratosphere Tower, but humble Baltimore Avenue at last might have found itself in the perfect location. Unless you're a transplanted Orioles fan, the street name is unlikely to hold much sentimental value. To the east, it dead ends onto Las Vegas Boulevard South and the Holiday Motel. ... (read more)
 

Wynn threatens defamation suit against Boston mayor

17 July 2015
Embattled casino king Steve Wynn is once again threatening a defamation suit, this time against Boston Mayor Martin Walsh. Earlier this year, Wynn was embarrassed when a California judge dismissed a slander suit he filed against stock market short-seller James Chanos and ordered his casino company to pay $422,000 in court costs and legal fees. ... (read more)
 

Proposed Macau smoking ban threatens 2016 profits, Vegas-based licensees

8 July 2015
Where there’s smoke, there’s profit in the casino business. At least, that has been the tradition. For decades in Las Vegas you could tell if a joint was doing well just by looking at the indoor atmosphere. You didn’t need a meteorologist or an MBA. If it was mostly cloudy, business was good. If there was a ... (read more)
 

Some Las Vegas cabbies welcome competition from Uber

6 July 2015
Catch a ride with a Las Vegas cabdriver these days, and you might expect to hear a lament about the precarious future of the taxi racket now that Uber, Lyft and other ride-hailing operators are entering the game. Not so. There’s no shortage of hand-wringing if you go looking for it — especially if your witnesses are offered up by their beleaguered company supervisors. ... (read more)
 

Court slaps Wynn with $422,380 in fees over slander lawsuit

24 June 2015
Casino baron Steve Wynn is no stranger to self-inflicted wounds. He just suffered another one in his ill-advised slander lawsuit against stock market short-seller James Chanos. After having his litigation twice dismissed from U.S. District Court under California’s anti-SLAPP statute, Wynn has now been ordered to pay $422,380 in attorneys’ fees and court costs in association with the case. ... (read more)
 

Las Vegas, 1967: Kirk Kerkorian saves the Strip from itself

22 June 2015
You may not remember the time Kirk Kerkorian saved the Strip from its notorious self, but Lem Banker will never forget it. Kerkorian, who died Monday at age 98, is credited for building the world’s largest hotel three times in Las Vegas. That record is unmatched, but it wasn’t his only big contribution to the casino pantheon. ... (read more)
 

Vickers Reports could spell trouble for Sheldon Adelson

15 June 2015
Lately it seems everyone wants to get their hands on the Vickers Reports. Haven’t heard of them? They’re not on any best-seller list. In fact, they’re not even in circulation. But this past week Guardian News & Media, publisher of The Guardian newspaper, and an upstart nonprofit watchdog group with a ... (read more)
 

John L. Smith: Four days on stand grind on Adelson

13 May 2015
Steve Jacobs’ personal fight of the century is still in the preliminary stages at the Regional Justice Center, but casino titan Sheldon Adelson is already taking punches. With Clark County District Judge Elizabeth Gonzalez in the role of referee, Adelson recently spent four days on the witness stand in an evidentiary hearing to establish jurisdiction in former Sands China Ltd. ... (read more)

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