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July 25, 2008 6:23:12 PM CDT

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Stories related to: casino

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  • July 2008

    • In Gloomy Economy, Even Vegas Is Down on Its Luck

      newser  |  Wall Street Journal  |  Jul 1, 08 11:14 AM CDT

      In Gloomy Economy, Even Vegas Is Down on Its Luck

      The economic downturn is hitting Las Vegas casinos with a one-two punch: Gamblers have less money to spare, and investors are less willing to shell out for glamorous new projects. Several casino companies have recently filed for bankruptcy protection, the Wall Street Journal reports. "This is the toughest environment we've faced," says one gaming exec. More »

      Tags

      recession  • Las Vegas  • casino

  • June 2008

    • Harrah's Rolls Dice on Surface

      newser  |  Associated Press  |  Jun 12, 08 12:27 PM CDT

      Harrah's Rolls Dice on Surface

      A Las Vegas casino has become the first to roll the dice with the much-touted Microsoft Surface, a touch-screen table that lets gamblers order drinks, watch YouTube videos, and even flirt. Harrah’s Rio hotel yesterday installed 6 of the tables, which start at $10,000, the AP reports. “Of all the goodies up our sleeves lately, this is one of the most dramatic,” said a Harrah’s spokesman. More »

      Tags

      Microsoft  • Las Vegas  • software  • casino  • touch-screen technology  • Microsoft Surface  • Harrah's

  • May 2008

    • US Casinos Dotting Macau Can't Cash In

      newser  |  Wall Street Journal  |  May 22, 08 5:51 PM CDT

      US Casinos Dotting Macau Can't Cash In

      Casinos on the Chinese island of Macau create more gambling revenue than the ones in Las Vegas and Atlantic City combined, but US operators—permitted to set up shop there since 2004—are decidedly not rolling in the money. The Wall Street Journal looks at the bumps in the road for MGM Mirage, Wynn and Sands, and finds that local middlemen exert untold control over VIP players—and rake in huge commissions in the process. More »

      Tags

      China  • casino  • Macau  • MGM Mirage  • Steve Wynn

    • Even Vegas Is Down on Its Luck

      newser  |  New York Times  |  May 6, 08 8:46 AM CDT

      Even Vegas Is Down on Its Luck

      Tougher times are starting hit the Sunset Strip, the New York Times reports. Las Vegas has been mostly immune to downturns in decades past, but this time the gambling mecca is feeling the pinch as consumers tighten their belts. Hundreds of casino workers have already been laid off, and a long downturn could mean a glut of hotel rooms as boom-time projects are completed. More »

      Tags

      recession  • Las Vegas  • gambling  • casino  • downturn

  • April 2008

    • Macau Casinos Double Vegas' Take

      newser  |  MarketWatch  |  Apr 21, 08 1:19 PM CDT

      Macau Casinos Double Vegas' Take

      If you thought Las Vegas was gambling’s capital city, think again. Casinos in Macau didn’t just beat Nevada’s finest this quarter, they lapped them. Macau’s gambling revenues jumped 62% from a year ago, doubling Vegas’ take over that stretch—though the casinos, which can't lend money directly to gamblers, have to split some of the take with middlemen, MarketWatch reports. More »

      Tags

      China  • gambling  • casino  • Steve Wynn  • Macao

  • March 2008

    • Gambler Sues Casinos for $20M

      newser  |  Associated Press  |  Mar 9, 08 5:30 AM CDT

      Gambler Sues Casinos for $20M

      A former New York attorney is suing seven casinos for $20 million, claiming they helped woo her to the tables, and let her continue to play and lose despite an obvious gambling addiction. Workers at Atlantic City and Las Vegas gambling dens should have stopped her from blowing $1 million and destroying her career, she argues. "They knew I was going for days without eating or sleeping," she told AP. "I would pass out at the tables. They had a duty of care." More »

      Tags

      lawsuit  • New York City  • Las Vegas  • Minnesota  • casino  • IRS  • racketeering  • Atlantic City  • gambling addiction

  • February 2008

    • 'Dilbert' Mocks Comic Strip Firing

      newser  |  Des Moines Register  |  Feb 23, 08 8:54 AM CST

      'Dilbert' Mocks Comic Strip Firing

      What came first: the comic strip mocking the office, or the office emulating the comic? Both, in the case of one Iowa casino that fired a man for posting a "Dilbert" cartoon comparing management to "drunken lemurs," the Des Moines Register reports. This week, cartoonist Scott Adams is featuring the saga, including the legal battle over unemployment benefits, in his comic. More »

      Tags

      Iowa  • casino  • civil lawsuits  • unemployment benefits  • Dilbert  • Scott Adams  • comic strips

    • Huck's Wife Defends Jaunt to Vegas for Fight, Hooters

      newser  |  San Francisco Chronicle  |  Feb 21, 08 1:21 PM CST

      Huck's Wife Defends Jaunt to Vegas for Fight, Hooters

      Janet Huckabee put on her least social conservative-friendly face last weekend, going to Las Vegas for a middleweight prizefight—and staying at the Hooters Casino Hotel. The spouse of GOP candidate Mike has fine excuses—boxer Jermain Taylor is an Arkansas favorite; the risqué lodging was an eleventh-hour booking—but the San Francisco Chronicle wonders if the wild weekend might shock her husband’s evangelical base. More »

      Tags

      Mike Huckabee  • Las Vegas  • casino  • Arkansas  • boxing  • Hooters

    • Airbus Talks Mile-High Casinos

      newser  |  Breitbart  |  Feb 18, 08 2:55 AM CST

      Airbus Talks Mile-High Casinos

      A plane flight could soon be a big gamble. Airbus is considering turning some of its super-jumbo jets into airborne casinos, Breitbart reports. The hulking A380 passenger plane is the world's largest, boasting 50% more floor space than Boeing's 747. That's the kind of space that's needed for a mile-high casino, which Airbus says could premiere as soon as 2012. More »

      Tags

      China  • Las Vegas  • Boeing  • Airbus  • gambling  • Hong Kong  • casino  • Airbus A380  • Singapore Airlines  • Boeing 747

  • January 2008

    • Fire Closes Las Vegas Casino

      newser  |  Las Vegas Sun  |  Jan 25, 08 3:16 PM CST

      Fire Closes Las Vegas Casino

      A three-alarm blaze at the Monte Carlo hotel-casino has been contained, the Las Vegas Sun reports, and the 3,200-room property on the Strip has been evacuated. Authorities told the AP no major injuries were reported. Smoke and flame erupted from the casino roof at 11 this morning, with debris raining down on the lower floors. More »

      Tags

      casino  • fires  • Las Vegas Strip

    • Judge OKs Vegas Casino Caucuses

      newser  |  Associated Press  |  Jan 17, 08 1:42 PM CST

      Judge OKs Vegas Casino Caucuses

      A federal judge today dismissed an effort by Hillary Clinton supporters to block Saturday caucuses for Las Vegas Strip shift workers, reports the AP. The lawsuit claimed the at-large precincts created for the workplace caucuses gave those voters too many delegates. The decision is expected to benefit Barack Obama, who was endorsed by the union representing many of the shift workers.  More »

    • No Dice for Smoking Gamblers

      newser  |  Chicago Tribune  |  Jan 1, 08 9:12 AM CST

      No Dice for Smoking Gamblers

      The brand-new ban on indoor smoking in Illinois is expected to hit the state's nine casinos hard, the Chicago Tribune reports. Plenty of gamblers like a smoke, and along the Mississippi River, all they'll need to do is cross into Missouri or Iowa to enjoy one. "No smoking and I'm gone elsewhere," said one gambler.  "Gambling and smoking—they just go together." More »

      Tags

      smoking  • Illinois  • gambling  • casino  • smoking ban

  • December 2007

    • Grannie's Slot Machines Get Hip

      newser  |  New York Times  |  Dec 10, 07 8:47 PM CST

      Grannie's Slot Machines Get Hip

      After years of catering to the little old lady crowd, slot machine manufacturers are reaching out to the video game generation with a line of skill-based games, the New York Times reports. “We need to appeal to new buckets of players, or we’ll die,” said one slot exec. New machines will sport joysticks, multiplayer modes, and advanced graphics. More »

      Tags

      Las Vegas  • gambling  • casino

  • November 2007

    • Rudy Partners Served Some Sketchy Clients

      newser  |  Chicago Tribune  |  Nov 24, 07 8:32 AM CST

      Rudy Partners Served Some Sketchy Clients

      Rudy Giuliani's presidential bid has focused on his record as mayor of New York, while his highly lucrative run at Giuliani Partners has received little scrutiny. The company declines to reveal all the clients in its far-flung portfolio, but the Chicago Tribune did some digging on one, a proposed $3.5-billion gambling casino in Singapore, and turned up a partner tied to organized crime, Kim Jong Il, and Saddam Hussein. More »

      Tags

      Rudy Giuliani  • casino  • Singapore  • consulting

    • Atlantic City Takes on Las Vegas

      newser  |  Associated Press  |  Nov 20, 07 4:11 PM CST

      Atlantic City Takes on Las Vegas

      Atlantic City is about to get a $9 billion makeover, with four companies slated to build  as many new mega-casinos by 2012. The luxury resorts constitute the biggest burst of investment in the city since the start of casino gambling in 1978, the AP reports. As Atlantic City bids to compete with Las Vegas as a luxury travel destination, many older casinos are planning expansions to keep pace. More »

      Tags

      gambling  • architecture  • casino  • investments  • Atlantic City

  • October 2007
  • September 2007

    • Reno Thrives Although Most Bets Are Off

      newser  |  Economist  |  Sep 29, 07 3:44 PM CDT

      Reno Thrives Although Most Bets Are Off

      Reno's lost billions to Native American casinos, yet the Nevada town is growing again, even thriving. How did Renoans react when Tribal casinos lured away their business? They put up shop as gambling consultants and sold even more slot machines. Now downtown is growing: Developers are free to build without powerful casinos blocking their path, the Economist reports. More »

      Tags

      Wal-Mart  • Nevada  • gambling  • casino  • Native American  • Reno  • red tape

  • August 2007

    • Lottery's Luster Scratching Off

      newser  |  Union-Tribune (San Diego)  |  Aug 29, 07 3:43 PM CDT

      Lottery's Luster Scratching Off

      The fever over big lottery jackpots is cooling as huge payouts become more common, and lose their once-in-a-lifetime cachet. What's more, the growing casino scene is muscling in on the lotto's territory -- casinos offer a better chance of winning, in a more electric atmosphere than your local 7-Eleven. More »

      Tags

      California  • Arnold Schwarzenegger  • gambling  • casino  • lottery  • Mega Millions

    • New Vegas Takes Root in Macao

      newser  |  New York Times  |  Aug 28, 07 10:31 AM CDT

      New Vegas Takes Root in Macao

      Casino developers are sinking staggering amounts of money into making Macao the new Las Vegas. Economic unrest be damned—the immense $2.4 billion Venetian hotel and casino complex that opened today is only the first of dozens to come. But some worry that there aren't enough Chinese high rollers to sustain the boom, the Times reports. More »

      Tags

      China  • Las Vegas  • gambling  • casino  • Macao

    • Dubai Betting $5B on Vegas Casino Giant

      newser  |  Bloomberg  |  Aug 22, 07 2:01 PM CDT

      Dubai Betting $5B on Vegas Casino Giant

      Dubai World—a company owned by the government of the oil-rich Persian Gulf state—plans to invest up to $5.1 billion in MGM Mirage, the world's second-largest casino company, Bloomberg reports. The move would give Dubai a presence in booming Las Vegas and free up assets for MGM Mirage to diversify its holdings. More »

      Tags

      Las Vegas  • gambling  • casino  • Dubai  • Persian Gulf  • Kirk Kerkorian  • MGM Mirage

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