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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: casino

casino stories: 55 news summaries

41 - 55 of 55 Stories | << Prev 1 2 3

No Dice for Smoking Gamblers

Ill. casino bosses worry about losing business to tobacco-friendly rivals

(Newser) - 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... More »

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Grannie's
Slot Machines
Get Hip

Casinos make play for the young and active

(Newser) - 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... More »

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Rudy Partners
Served Some
Sketchy Clients

Singapore gambling venture linked to organized crime

(Newser) - 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.... More »

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Atlantic City Takes on
Las Vegas

Four companies to invest $9 billion, open luxe mega-casinos

(Newser) - 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... More »

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architecture Atlantic City gambling Las Vegas investments casino tallest buildings

Commish: Refs Violated Casino Ban, But Won't Be Punished

Draconian gambling rules under reform

(Newser) - Despite violating the NBA's stringent gambling rules, over half of the league's referees will not be punished, announced commissioner David Stern. The current rules forbid all gambling, an overly strict policy that has been improperly enforced, according to Stern; among other changes, he is likely to allow non-sports-related wagers in... More »

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NBA basketball gambling casino David Stern Tim Donaghy referees

Reno Thrives Although Most Bets Are Off

Tribal gambling hurts city, but Renoans
find ways to adapt

(Newser) - 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... More »

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Lottery's Luster Scratching Off

Experts say casinos offer better odds,
more fun

(Newser) - 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 »

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New Vegas Takes Root in Macao

But are there enough gamblers
to keep it going?

(Newser) - 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... More »

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Dubai Betting
$5B on Vegas Casino Giant

Deal with MGM Mirage gives Persian Gulf state stake in gaming Mecca

(Newser) - 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... More »

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Virtual Bank Collapse Causes Real Pain

$750K losses in Second Life prompt calls for federal regulation

(Newser) - Ginko Financial, an unregulated investment bank that promised returns of up to 60%, collapsed recently, costing its customers 200 million Lindens—the currency of online virtual universe Second Life, where the bank existed. While the bank, managed by a mysterious, anonymous owner, catered only to computer-generated avatars in its 3... More »

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Internet FBI gambling casino bank Second Life virtual investment bank Linden dollars Linden lab MMRPG

Man Opens Fire in Vegas Casino, Wounds Four

Gambling floor stays open during chaos

(Newser) - A man opened fire at random in Las Vegas's New York-New York casino early this morning, wounding four guests on the floor below him. None of the injuries were fatal, and officers and patrons managed to bring him down before he wreaked further havoc. Another woman was injured in the... More »

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Kerkorkian Hedges Bets on MGM

Billionaire investor withdraws offer for casino properties

(Newser) - Mega-investor Kirk Kerkorian has withdrawn his intended bid for two of MGM Mirage's showcase properties. Kerkorian, who owns a 56% stake in the company, pulled his preannounced offer on news of a multi-billion dollar development deal between MGM and South African casino giant Kerzner International to develop a new property... More »

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Gambling Firm Agrees to Buyout

Penn National Gaming changes hands for $8.9B

(Newser) - The casino-operator buyout spree continued today as Penn National Gaming agreed to be acquired by two private-equity firms for $8.9 billion. The deal, which allows the company to solicit bids for 45 days, includes $2.8 billion in debt. News of the $67-a-share offer, a 31% premium over yesterday's... More »

Lazy Gamblers Rent Scooters in Vegas

In the land of easy money,
tourists up the ante on indolence

(Newser) - In Las Vegas, motorized scooters offer access to expansive casino floors to the elderly, the disabled—and now the lazy. For 40 chips a day, a growing number of young, healthy tourists are renting the scooters so they can hop from the slot machine to the craps table at up... More »

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elderly gambling Las Vegas scooters laziness disabled handicapped casino

Atlantic City Trumps The Donald

After mogul fires himself as
CEO, casinos still in last place

(Newser) - Donald Trump's casinos are faltering in Atlantic City, the very seaboard Vegas the flamboyant developer helped build in the 80s and 90s.  The Taj Mahal is still flush, but Trump's two other hotels are last in revenues. And analysts aren't betting on them, thanks in part to the share... More »

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41 - 55 of 55 Stories | << Prev 1 2 3