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Las Vegas Condo Market Discussed

Nobody really knows the depth of the high-rise condominium market in Las Vegas, though nearly 1,000 have been built and sold and another 5,800 are under construction, a local economist said Tuesday. John Restrepo, principal of Restrepo Consulting Group, predicted that 10,000 to 14,000 new units will come onto the market over the next five […]

NCAA Teams Up with Vegas Bookmakers

As reported by the Kansas City Star: “As March Madness and the inevitable gambling it inspires approaches, the NCAA is looking for help from an unlikely, if entirely logical, ally ? Las Vegas casino bookmakers. “A longtime foe of college sports wagering, the NCAA is sending an observer to Las Vegas over the next two […]

Missouri Gaming Commission Director Resigns

As reported by the St. Louis Post-Dispatch: “The state’s top gambling regulator is stepping down. “Kevin Mullally, executive director of the Missouri Gaming Commission for the last five years, will leave next month to become general counsel and government affairs director for Gaming Laboratories International Inc. “?Mullally, 42, announced his resignation at the commission’s meeting […]

Gulfside Casino Partnership, Harrah’s Close Property Deal

As reported by the Biloxi Sun Herald: “Rick Carter and Terry Green now own the Grand Casino Gulfport property. “Their company, Gulfside Casino Partnership, closed on the purchase of the property from Harrah’s Entertainment this morning in a ceremony on the seventh floor of the old Hancock Bank building. They plan to open a casino […]

Kansas Bill Heads to Senate

As reported by the Kansas City Star: “A bill authorizing two casinos and slot machines at dog and horse tracks, including the Woodlands, could be debated in the Senate as early as Thursday. “The bill earmarks 75 percent of the state’s share of gambling revenue for schools and 25 percent for local property tax relief. […]

Anti-Online Gaming Bill Pass in House

As reported by the Westfall Weekly News: “A U.S. House committee on Wednesday approved a bill aimed at stamping out the $12 billion Internet gambling industry by stopping businesses from accepting credit cards and other forms of payment. “The bill, cleared by voice vote in the House Financial Services Committee, would prohibit a gambling business […]

Arye Shrugs Off Raid

As reported by the CBC News: “Saskatchewan-born billionaire whose Costa Rican mansion was raided by police on the weekend is calling the raid a ‘golden opportunity’ to promote his internet gambling business. “Calvin Ayre was on the cover of Forbes’ ‘world’s wealthiest people’ issue last week and the business magazine says he’s worth in excess […]

Report: Falling Demand Brings Drop in Room Rates

Rapidly rising room rates took a rest in the first three months of 2006 following nearly two years of steady gains, gaming analysts said this week. Rates for rooms on the Strip booked three weeks in advance fell an average 3 percent in the 2006 first quarter to $204, data from Bear Stearns showed. Midweek […]

Iowa Casinos Expand

As reported by the Des Moines Register: “Iowa’s casino industry is in the midst of a $742 million expansion boom. “Four new riverboat casinos will open over the next 14 months, and 10 existing casinos are undergoing major face-lifts or expansions to add more gambling space, fancy restaurants, plush hotels and parking garages. “About 18 […]

Lucky Woman Drives Home in Style

Four lucky tickets were drawn last night during the “Go Man Go, Car-A-Week” Give- Away Promotion at Pechanga Resort & Casino. Excitement grew as the crowd waited in anticipation to see if each player called was indeed present. All four were on the stage in a matter of minutes, and each anxiously awaited their chance […]