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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: casino

casino stories: 55 news summaries

21 - 40 of 55 Stories | << Prev 1 2 3 Next >>

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 What Downturn? Vegas 
 Gets New $2.3B Resort 

Mogul riding high while rivals, Vegas struggle

Dec 20, 08 4:15 PM CST
(Newser) - Recession has dimmed the glittering lights of Las Vegas, but it hasn’t stopped hotel and casino mogul Steve Wynn, AFP reports. Wynn is preparing to open the lavish $2.3 billion resort Encore on Monday as Sin City weathers its worst economic meltdown in decades. “I don't owe... More »

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Las Vegas • MGM Mirage • casino • Steve Wynn • Las Vegas Strip • Wynn Las Vegas

MGM Mirage Chief Quits
Amid Fake MBA Flap

Lanni denies sudden resignation related to degree fib

Nov 14, 08 2:04 AM CST
(Newser) - The CEO of MGM Mirage has announced his resignation, but denied it had anything to do with lying about having an MBA, reports the Wall Street Journal. J. Terence Lanni, one of the most powerful figures in the gambling world, has long claimed to have an MBA from the University... More »

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Kirk Kerkorian • gambling • Las Vegas • CEO • MGM Mirage • resignation • casino • University of Southern California • MBA

 In Slump, 
 Vegas Pushes Escapism 

Marketing gamble by casinos is coming back to haunt them

Nov 10, 08 11:27 AM CST
(Newser) - Las Vegas has enthusiastically promoted itself to travelers interested in pastimes other than gambling in recent years, but now that economic woes are tightening leisure budgets, Sin City is taking a hit, reports Advertising Age. With visitor volume and gaming revenue down, casinos are scrambling to respond. One has... More »

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advertising • gambling • Las Vegas • casino • economy • financial crisis

 Las Vegas Sands 
 Nears Bankruptcy 

Chips are down for gaming giant  

Nov 7, 08 4:11 AM CST
(Newser) - Casino giant Las Vegas Sands is on the verge of bankruptcy, reports the Las Vegas Sun. The company, which owns the Venetian and Palazzo casinos in Las Vegas and has several gambling resorts in development around the world, filed paperwork with the federal government yesterday declaring that the Sands’ ratio... More »

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SEC • casino • Las Vegas Sands Corp. • Venetian • financial crisis • Palazzo

MGM Delays New Casinos
for Vegas, Atlantic City

After credit downgrade, firm reports 67% decline in quarterly net income

Oct 29, 08 3:03 PM CDT
(Newser) - MGM Mirage will suspend work on new casinos in Las Vegas and Atlantic City due to the dismal credit climate, the Wall Street Journal reports. The firm reported a 67% drop in third-quarter net income as the slumping economy quells consumers’ desire to gamble or spend at casino restaurants and... More »

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Atlantic City • gambling • Las Vegas • MGM Mirage • profits • casino • credit crisis • net income

 Casinos Staked Fortunes
 on Friendly Gambler Mac
 

Industry blossomed with help from legislation by life-time gamer

Sep 28, 08 7:10 AM CDT
(Newser) - Life-time gambler John McCain is behind more casino legislation than any other lawmaker, and has helped Indian gambling become a $26 billion industry, reports the New York Times. Though the Arizona senator has called lobbyists “birds of prey,” he has enjoyed close links to casino lobbyists. He once... More »

MORE ABOUT:
John McCain • Jack Abramoff • gambling • casino • lobbyist • Election 2008

 Casinos Choke on Smoke Bans 

Industry sees revenues drop as state laws makes gamblers gamble less

Sep 19, 08 2:20 PM CDT
(Newser) - Taking deep breaths of clean air won’t stave off panic for casinos confronted with smoking bans in an increasing number of states, the Wall Street Journal reports. In Illinois, casinos have posted double-digit revenue drops since a ban took effect in January. “Gamblers like to smoke and drink... More »

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gambling • casino • smoking ban • anti-smoking

 School Offers
 Slot Machine
 Repair Course

Envisions bright future for graduates

Aug 25, 08 8:08 PM CDT
(Newser) - A Florida vocational school is helping students hit the jackpot in the lucrative world of slot machine repair. The Sheridan Technical Center recently became the first school to offer a state-approved slot repair course, the Miami Herald reports. The inaugural class of 25 students is already underway. “We... More »

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casino • adult education • slot machines

 Casino Ejects Man Over B.O.

Smelly man wants an apology

Jul 31, 08 4:06 PM CDT
(Newser) - A gambler deemed too smelly to play is demanding an apology from New Jersey’s Borgata casino, Fox Philadelphia reports. Michael Wax, 54, had spent 17 hours gambling in the casino when an official approached him and said he had to leave because other patrons were complaining of his body... More »

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hygiene • gambling • casino • smell • body odor

In Gloomy Economy, Even Vegas Is Down on Its Luck

Investors dry up as gambler demand drops

Jul 1, 08 11:14 AM CDT
(Newser) - 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... More »

MORE ABOUT:
Las Vegas • recession • casino

 Harrah's Rolls Dice on Surface 

Microsoft's touch-screen tables debut at Rio

Jun 12, 08 12:27 PM CDT
(Newser) - 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. “... More »

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

US Casinos
Dotting Macau
Can't Cash In

Gambling's red hot,
but local middlemen take a huge cut

May 22, 08 5:51 PM CDT
(Newser) - 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... More »

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China • Macau • Las Vegas • MGM Mirage • casino • Steve Wynn

 Even Vegas Is Down on Its Luck 

Downturn starts to hit formerly recession-proof city

May 6, 08 8:46 AM CDT
(Newser) - 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... More »

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gambling • Las Vegas • recession • casino • downturn

 Macau Casinos 
 Double Vegas' Take 

Chinese high rollers power Asia hot spot to record profits

Apr 21, 08 1:19 PM CDT
(Newser) - 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... More »

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China • gambling • casino • Macao • Steve Wynn • Sheldon Adelson

Gambler Sues Casinos for $20M

Gambling 'addict' says dens failed to stop her from blowing $1 million

Mar 9, 08 5:30 AM CDT
(Newser) - 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... More »

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

'Dilbert' Mocks Comic Strip Firing

Posted cartoon called bosses 'drunken lemurs'

Feb 23, 08 8:54 AM CST
(Newser) - 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... More »

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

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

Janet Huckabee long planned to root for boxing fellow Arkansan; hotel plans changed

Feb 21, 08 1:21 PM CST
(Newser) - 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... More »

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boxing • Las Vegas • Arkansas • Mike Huckabee • casino • Hooters • Janet Huckabee • Jermain Taylor • Hooters Casino Hotel • prizefight

Airbus Talks Mile-High Casinos

Super jumbo A380s could soon be outfitted for gambling

Feb 18, 08 2:55 AM CST
(Newser) - 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... More »

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

Fire Closes Las Vegas Casino

Monte Carlo evacuated as firefighters contain 3-alarm blaze on roof

Jan 25, 08 3:16 PM CST
(Newser) - 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... More »

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fires • casino • Las Vegas Strip

Judge OKs Vegas Casino Caucuses

Clinton supporters' suit dismissed; Obama seen as beneficiary

Jan 17, 08 1:42 PM CST
(Newser) - 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,... More »

MORE ABOUT:
Barack Obama • Hillary Clinton • Bill Clinton • casino • lawsuit • Nevada caucus • Culinary Workers Union • Las Vegas Strip • Hillary Clinton supporters

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