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Liz Benston Gaming Guru - Page 1910 bucks and you're a 'star'10 October 2007
LAS VEGAS, Nevada -- This is one thing that happens here that won't stay here.
At least that's the hope of Jennifer Worthington, the creative force behind the Coyote Ugly bars who thinks Las Vegas is the perfect spot for the next big thing in "interactive entertainment" - one that, literally and figuratively, will put the party crowd in the spotlight. ... (read more)
Looking in on: Gaming10 October 2007
LAS VEGAS, Nevada -- Chinese customers at the newly-opened 3,000-room Venetian Macau are experiencing a taste of Las Vegas-style gambling, glitz and luxury on a massive scale.
If they were paying attention, customers also witnessed some behind-the-scenes Las Vegas-style service.
Las Vegas ... (read more)
IRS, casinos hammer out new tax process4 October 2007
LAS VEGAS, Nevada -- Imagine that you've just won $100,000 in a poker tournament. But before you can pocket the cash, the casino swoops in to collect $25,000 to pay Uncle Sam.
That was the worst-case scenario feared by casinos and players after the Internal Revenue Service issued a bulletin last month ... (read more)
Looking in on: Gaming3 October 2007
Nevada -- Last month the Nevada Gaming Commission approved another private equity stake in a casino.
But this deal, involving Reno's Silver Legacy, invited a brief lecture from Commission Chairman Pete Bernhard over the potential perils of allowing portfolio wizards to profit from Nevada's gaming riches. ... (read more)
Looking in on: Gaming1 October 2007
With a major boost from their Ultimate Fighting Championship franchise, the Fertitta brothers made the Forbes 400 list of richest Americans for the first time this year, with Frank and Lorenzo Fertitta each posting an estimated net worth of $1.3 billion.
The Station Casinos bosses, 45 and 38, ... (read more)
Too much gambling, even for Vegas1 October 2007
NEVADA -- As with so much else about the gaming industry, it comes down to perspective.
Last week, when the Nevada Gaming Commission blocked efforts to allow gamblers to insert debit cards into kiosks for cash-equivalent vouchers that then could be used in slots, regulators scored points with problem gambling advocates who feared the devices might enable compulsive gamblers. ... (read more)
Catching up to Las Vegas1 October 2007
When the Macau government opened its gambling market to foreign investment a few years ago, it sought companies that could help transform the Chinese seaport from a seedy outpost into a top luxury resort destination where gambling is but one of many popular attractions.
The former Portuguese ... (read more)
Not ATM in slot machine, but getting close24 September 2007
LAS VEGAS, Nevada -- Nevada regulators don't allow slot machines that accept gamblers' debit cards, for fear they could quickly drain their bank accounts.
But they are considering allowing the next-closest convenience - or danger: allowing gamblers to put their debit cards into nearby kiosks for cash-equivalent-vouchers that can then be inserted into slots. ... (read more)
More foreplay puts nightclubs in the mood24 September 2007
LAS VEGAS, Nevada -- Wynn Las Vegas opened less than three years ago with a small yet expensive lounge and nightclub steps from the main casino floor. Lure was decked out in mod furniture with white onyx floors and mood lighting. It had a quaint outdoor patio with lush greenery and a fire pit.
But it just wasn't good enough. ... (read more)
Looking in on: Gaming13 September 2007
LAS VEGAS, Nevada -- Harrah's Entertainment Chief Executive Gary Loveman, a former Harvard Business School professor and MIT grad who perfected the art of converting average folk into repeat gamblers, is keen on developing research that isn't slot machine or green felt-oriented.
Loveman's wish list for the proposed hotel research campus for UNLV's William F. ... (read more)
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