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John L Smith Gaming Guru - Page 3

John L Smith
 
 

Wynn has much to gain by a weakened anti-SLAPP law

23 April 2015
If you’ve watched casino king Steve Wynn for long, you know he’s not easily deterred. He’s turned high risk into higher reward by building gaming resorts in Las Vegas and far-off Macau and has billions to show for it. Wynn has also gained a reputation as a thin-skinned bully. He’s particularly sensitive ... (read more)
 

McCain, others change their tune on sports wagering

14 February 2015
The odds are good even the most perceptive bookmaker didn’t see this turnaround coming: U.S. Sen. John McCain speaking out in favor of expanding legalized sports betting in America. “We need a debate in Congress,” the Arizona Republican said recently. “We need to have a talk with the American people, and we ... (read more)
 

Pulled plug on Haze at Aria overdue

3 October 2014
LAS VEGAS -- The only surprise is that it has taken MGM Resorts International officials this long to pull the plug on the notorious Haze Nightclub at Aria Resort & Casino. The company acknowledged this week that it will close the club at the end of the month. Haze gained a reputation as a safe haven for pimps and prostitutes. ... (read more)
 

Before Hsieh, Binion defined downtown Las Vegas

18 August 2014
LAS VEGAS -- The image of downtown Las Vegas has shifted so dramatically in recent months that it might be hard for newcomers to imagine a time before the spreading influence of Tony Hsieh and his friends. Before downtown became the canvas for Hsieh’s creative business marketing and real estate vision, Benny Binion defined the Fremont Street experience. ... (read more)
 

Is the Macau party over for Wynn and Adelson?

11 August 2014
For casino titans Steve Wynn and Sheldon Adelson, the roaring Macau casino market has been a seemingly endless party of rapid expansion and record-setting profit. Stock in Wynn Resorts International and Las Vegas Sands Corp. has rocketed, and the personal wealth of the mercurial multi-billionaire CEOs has climbed into the upper stratosphere. ... (read more)
 

Nevada gaming regulator admits Macau is out of reach

5 August 2013
LAS VEGAS -- Give Nevada Gaming Control Board Chairman A.G. Burnett credit for candor. Nevada’s history is festooned with gaming officials who have bragged like small-town mayors about the state’s unique and amazing ability to regulate its casino industry. It’s been awfully good for business. For decades ... (read more)
 

Wynn - Okada showdown could leave both wounded

19 February 2013
LAS VEGAS -- If the desert dust-up between billionaire gambling men Steve Wynn and Kazuo Okada were one of those old black-and-white Westerns, this would be the time to clear the street and put the women and children in the cellar. The metaphorical gunfight between these former back-slapping partners in ... (read more)
 

Scandal just part of the deal at WSOP

8 July 2012
For a game supposedly mired in its own version of the Black Sox Scandal, the world of poker isn't losing much sleep these days. That's the only possible conclusion you can reach after visiting the World Series of Poker at the Rio Convention Center. That a poker tournament must be held at a convention ... (read more)
 

John L. Smith: Macau's reputation doesn't seem to bother Nevada gaming licensees

5 April 2012
If the state Gaming Control Board doesn't subscribe to The New Yorker, it might be a good time to start. Check that. Times are tight. Given state government's current budget restraints, a full subscription might be too much to ask. Perhaps it's best that a dedicated agent takes up a collection around the office and purchases a single copy. ... (read more)

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