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Rod Smith Gaming Guru - Page 45Advantage Gambler Cleared of Charges8 September 2003
Despite three witnesses willing to swear an advantage gambler committed crimes at the Mandalay Bay resort, Justice of the Peace pro tem Melanie Tobiasson on Thursday dismissed the case midprosecution and found Richard Dougherty innocent.
Tobiasson interrupted testimony by Chris Tovia, a security officer at Mandalay Bay, to view a tape of the alleged incidents provided by the resort. ... (read more)
Inside Gaming Column: Mandalay Still Likes Idea of Illinois8 September 2003
LAS VEGAS -- Mandalay Resort Group's Glenn Schaeffer says his company is still interested in landing Illinois' 10th casino license despite avoiding the competition so far. Also, while other operators are cutting their Illinois operations to get their revenues below the $250 million cutoff qualifying ... (read more)
Casinos Bet on Performance Skills4 September 2003
LAS VEGAS -- Two Las Vegas casinos and their employees have discovered that joining the nationwide trend of merging customer service with performance art can come with considerable costs but intangible benefits. Bevertainers debuted May 18 at the Rio when Harrah's Entertainment replaced 90 longtime ... (read more)
Gaming Stocks Lukewarm in August2 September 2003
Despite surging leisure travel and steadily increasing room rates, gaming stocks put in a tepid August with Boyd Gaming Corp. shares trading down 14 percent.
Overall, gaming stocks lagged broader market trends. The Dow Jones casino index closed at 292.90 Friday, flat for the month, while the Standard & ... (read more)
Nevadan At Work: Richard Heller, President, Sands Expo and Convention Center, and Executive Vice President, The Venetian2 September 2003
A big grease board dominates Richard Heller's board room deep in the bowels of the Sands Expo and Convention Center.
There, handwritten in big, bold letters, is a message: "I love you Daddy," with a huge valentine and a bunch of doodles about geometry classes and other teenage ... (read more)
Casino Industry Technology: Open wide2 September 2003
LAS VEGAS -- Alliance Gaming Corp., live, from the stage of the Bolshoi Ballet in Moscow.
Well, not quite.
Bally Gaming and Systems, an Alliance subsidiary, went live Wednesday with a wide-area progressive system that brings a new gambling selection to Russian customers but lets operators in a control ... (read more)
Aristocrat Readies to Take on Slot Rivals26 August 2003
Aristocrat Technologies, the U.S. subsidiary of Australia-based Aristocrat Leisure Ltd., is positioning itself to compete head-to-head with slot manufacturing giant International Gaming Technology.
Deutsche Bank analyst Marc Falcone said casino slot managers, who have been looking for new and viable ... (read more)
Mexico May Be Opening to Casinos, Could Benefit Las Vegas19 August 2003
Developments in Mexico are improving the odds that the country's Congress will legalize casino gambling after it reconvenes early next month, former Nevada Gov. Bob Miller said Monday.
Most important to the changing political landscape, Mexico President Vincente Fox "received the resignation" of the ... (read more)
Money Laundering Rules Reviewed; Gaming Regulators Developing Reforms14 August 2003
LAS VEGAS -- The Gaming Control Board is developing new procedures for tracking anti-money laundering reports, board Chairman Dennis Neilander said Wednesday.
The internal review and process for developing regulation reforms comes in the wake of the discovery earlier this year that two Nevada casino ... (read more)
Column Inside Gaming: Nevada Becomes Poster Boy, Proliferation DOA9 June 2003
Nevada has become the poster boy for killing the proliferation of casinos. Gaming critic Tom Grey, executive director of the National Coalition Against Legalized Gambling, says the key for voters has been the argument that if gaming is an easy fix, Nevada should have a surplus instead of leading the nation in tax increases to balance the budget. ... (read more)
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