As Reported by the Inquirer :”The gambling subsidiary of Morgan Stanley has acquired 20 acres on the Boardwalk to develop what will be Atlantic City’s 13th casino. “The Wall Street firm confirmed it paid about $74 million for the land, which had been controlled by a group of developers and the Atlantic City Housing Authority. […]
As reported by the Tribune-Review (Pennsylvania): “The former kingpin of Western Pennsylvania’s largest video poker empire was sent back to federal prison Wednesday for returning to his old ways — running an illegal gambling operation and associating with known felons. “John Francis ‘Duffy’ Conley, 43, of the South Side, was sentenced to four years by […]
After last night’s elimination of Elliott Yamin, the fifth edition of American Idol has reached the grand finale with two remaining contestants vying for a major recording contract and the adoration of millions. While the hit reality series has drawn nearly 30 million viewers each week it’s also become the most popular entertainment event for […]
Las Vegas-based Herbst Gaming pushed into Northern Nevada’s casino market Wednesday, agreeing to a $148 million purchase of Sands Regent, which operates four casinos including the Sands Regency in Reno. The transaction, in which privately held Herbst Gaming would buy the outstanding shares of publicly-traded Sands Regent for $15 a share, is subject to approval […]
Hollywood studios are lining up to cash in on the anticipated popularity of summer films featuring comic book heroes such as the X-Men mutants and Superman. Far away from Krypton, local travel leaders are counting on a few lesser-known heroes to steer some big bucks in Las Vegas’ direction. The Las Vegas Convention and Visitors […]
Michael Casseli, editor of Bluff magazine and I-Gaming Review remained under care at the psychological ward of the Montreal General Hospital after being apprehended at the ACME Velcro Co. in Montreal for trespassing and minor property damage. “The damage was minimal,” said a spokesperson from Acme. “It turns out the guy had broken in and […]
Fuel prices are nearing a ‘tipping point’ that could deter Americans from taking summer vacations, the head of one of the nation’s largest travel trade groups said Thursday. “I am concerned about a number of economic indicators with gasoline prices and the pocket-book impact they’re having,” said Suzanne Cook, senior vice president of research for […]
As reported by Indianz.com: “Tribes will have to certify every year that their casinos are operating within the law as part of a new rule developed by the National Indian Gaming Commission. “Last Friday, NIGC Chairman Phil Hogen released a working draft of the proposed facility licensing regulations. He said tribes have until June 30 […]
Networked gaming specialist Octavian has expanded its team with the appointment of Helen Hedgeland as Head of Marketing. Hedgeland joins Octavian’s corporate team having already worked for Octavian for three years in a senior role at Octavian’s lead marketing agency. Prior to this she was an account director at Nettec (now LB Icon), where she […]
The Flamingo Laughlin was expected to change ownership this morning after the gaming arm of the Carl Icahn-controlled American Real Estate Partners received Nevada regulators’ approval to operate the Colorado River community’s largest casino. The Nevada Gaming Commission took only 20 minutes Thursday to approve American Real Estate Partners’ $170 million purchase of the Flamingo […]
As reported by the Press of Atlantic City : ” “… Two of the country’s most notorious slot cheaters will not be welcome in Atlantic City’s casinos. “Following similar action two years ago by their Nevada counterparts, New Jersey gaming regulators voted Wednesday to bar the swindlers from ever stepping foot inside the 12 casino […]
As reported by the Reno Gazette Journal: “A Las Vegas ‘bad guy’ is taking over The Sands Regent in Reno, but casino officials say it’s a good thing. “Las Vegas-based Herbst Gaming Inc. announced Wednesday a $148 million deal to buy Sands, pending approval from shareholders who will get $15 per share. “Herbst is known […]
As reported by the Associated Press: “What Estelle Busch lost at the slot machines, she won with tax collectors. “The Minneapolis woman with a 60-hour-a-week gambling regimen – she labeled it a business – convinced the Minnesota Supreme Court that she should be able to deduct $200,000 in gambling losses over three years from her […]
Betting on football is by no means new – quite the opposite. It’s one of the oldest sports betting forms across Europe. But when 3BWin (www.3bwin.com) opens for business, it’s coming with a fresh approach and a promise to completely transform sports betting. 3BWin has been receptive to betting trends, and has understood that fewer […]