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Column – A Bad Beat in the Sunday Million

Halfway through last Sunday’s Party Poker Million Guaranteed tournament I had visions of forever putting down the pen to live a life of luxury and leisure. The phone call to my boss Larry would have gone something like this.”Hello Larry, yeah this is Ryan.” “Good morning Mr. Best Poker Reporter ever.” (That’s my official title […]

EnglishHarbour.com Launches Bonus Slot Game

EnglishHarbour.com launches the exclusive $100,000 Mermaid’s Quest bonus slot game and has added two new slots called Dr. Love and Eastern Dragon to the Vegas Technology casino platform. Mermaid’s Quest is the 8th unique exclusive bonus slot game offered by online casino EnglishHarbour.com and features a $100,000 jackpot, free-spins, scatter symbols and a 3-stage bonus […]

Las Vegas Gears Up for NBA Event

Representatives of some of the world’s best-known brands will huddle here next month to discuss ways to link their products with February’s NBA All-Star events in Las Vegas. The National Basketball Association’s 21 official marketing partners are a who’s who of commercial giants, from the Coca-Cola Co. and Nike to Toyota Motor Corp., McDonald’s Corp. […]

Macau Boosts LV Sands

Results at The Venetian hit a road bump during the spring, but Las Vegas Sands Corp. had China to fall back on. Booming revenue at the company’s casino in Macau helped rescue the second-quarter earnings for Las Vegas Sands Corp. “One quarter or one month does not concern us,” Las Vegas Sands Chairman Sheldon Adelson […]

Culinary Union Petition Comes Up Short

As reported by the Reno Gazette-Journal: “The Culinary Union failed to gather enough valid signatures of Reno voters for a ballot question that, if successful, would have required a public vote on new casinos outside traditional gaming areas, targeting in particular the Station casino recently approved in the South Meadows. “While petitioners turned in more […]

Online Gambling Defendants Plead Not Guilty

As reported by the Associated Press: “Seven defendants named in a federal indictment of one of the world’s largest online gambling companies, BetOnSports, pleaded not guilty Monday to federal racketeering and mail and wire fraud charges. “Neil Kaplan and Lori Kaplan Multz, the brother and sister of BetOnSports founder Gary Kaplan, were among those pleading […]

Trooper Charged in Gambling Case Heading to Court

As reported by the Canadian Press: “A state trooper charged with running a massive gambling ring with retired hockey star Rick Tocchet and another man is due in court tomorrow, his lawyer says. “Craig Mitnick would not say yesterday why his client, James Harney, will be in New Jersey Superior Court, only that he is […]

Brain’s ‘Gambling Circuitry’ Identified

From gamblers playing blackjack to investors picking stocks, humans make a wide range of decisions that require gauging risk versus reward. However, laboratory studies have not been able to unequivocally determine how the very basic information-processing “subcortical” regions of the brain function in processing risk and reward. Now, Steven Quartz and colleagues at the California […]

B.C. Casino Off to Strong Start

As reported by the Langley Times: “A look at Cascades Casino shows that the downtown Langley City facility has been a huge success in its first year. “The casino’s revenues were almost $90 million – an astonishing amount of money for a first-year business. This demonstrates the pent-up demand for gambling that existed in Langley […]

Study: Washington Tribal Casinos Have Great Impact

As reported by the Seattle Times: “A study of Indian tribal economies in Washington state indicates tribes are investing casino income in new businesses and their own government services and, as a result, raising the economic prospects of their members and the surrounding communities. “The Tulalip Tribes’ economy was one of four Indian economies profiled […]

Gaming Stocks Showing Decline

Gaming industry investors found themselves snorkeling in July, as casino company stocks closed down for the third month in a row. The Dow Jones U.S. Gambling Index, a Dow Jones & Co. industry index of 64 publicly traded casino companies, closed at 525 Monday, down 6.25 percent from 560 at the end of June. Analysts […]

Harrah’s Names New Vice Chairman

Harrah’s Entertainment, Inc. today announced that Charles L. Atwood has been appointed vice chairman of the board of directors. Atwood, Harrah’s chief financial officer for the last five years, will be succeeded by Jonathan S. Halkyard, who will add CFO duties to his current role as senior vice president and treasurer. Both appointments are subject […]

GWIN Restructures Debt for Equity Transaction

GWIN announced today the company has completed the first step in a comprehensive restructuring plan to strengthen the company’s balance sheet, and to retain the continued services of its key employee and founder, Wayne Allyn Root. Jeff Johnson, CFO of GWIN, stated, “Our chairman, Wayne Allyn Root, agreed to convert a six-figure liability of the […]