As reported by the International Herald Tribune: “Singapore said Friday that it had selected Las Vegas Sands to build and run the first of two planned casino resorts here, choosing the company’s vision of a $3.2 billion convention-driven district over three other bids, including two backed by government-owned companies. “The company promised to open the […]
Tag Archives: casino
Americans are wagering more dollars in casinos, at racetracks and through state lotteries, but they’re not too happy about it, a survey released Tuesday by the Pew Research Center for the People and the Press suggests. The study found that seven out of 10 people questioned believe that legalized gambling encourages folks to spend more […]
As reported by the Associated Press: “‘Advantage’ gamblers, skilled bettors who are often ousted from Nevada resorts if spotted at blackjack tables, were welcomed Tuesday at an international conference on gambling — held at a Lake Tahoe casino. “One of them, James Grosjean, didn’t take any chances on getting tossed by hotel security guards. He […]
This week we move to Paris and serve up a Royale with Cheese while looking for a betting edge in the second Grand Slam event of the year at Roland Garros. The French Open is tactically very different from the other three Grand Slam events and is where tennis gets dirty (and I’m not talking […]
As reported by the Courier and Mail: “Publishing and Broadcasting is planning to float its Macau casino joint venture with Hong Kong billionaire Lawrence Ho on the US stock exchange, a newspaper report says. “The Australian Financial Review said PBL was working with three investment banks, believed to be Citigroup, Credit Suisse and UBS, on […]
As reported by Reuters: “U.S. casinos wish they had access to the growing universe of gamblers that seem intent on placing bets online, but companies claim they are not losing customers to the foreign operators that offer Web wagering. “‘It represents an enormous opportunity,’ said Alan Feldman, spokesman for U.S.-based MGM Mirage, the world’s second-largest […]
In last weeks article I discussed the importance of confidence and how it can lift a player to a higher level. The victories last week for two very talented players but ultimately players who simply do no have the mental ability to finish the job off enough once again highlighted this issue. For instance Tim […]
As reported by the (UK) Times: “The closure of Ireland’s fledgling casino sector would mean the loss of 500 jobs, cost the economy millions of euros a year in tax revenues and discourage tourism, an industry lobby group has warned the government. “The Gaming and Leisure Association of Ireland, which represents top casinos including Dermot […]
The biggest casino operators have achieved their status not by building new resorts but through mergers and acquisitions. Harrah’s Entertainment acquired the Rio, Horseshoe Gaming Holdings, Caesars Entertainment and the Imperial Palace on its way to becoming the industry’s biggest player. Kirk Kerkorian’s MGM Grand swallowed Primadonna Resorts, Mirage Resorts and Mandalay Resort Group on […]
As reported by the (Australian) Sunday Times: “Australia’s richest man, James Packer, walked out of Sydney’s Star City’s high-rollers’ room at the weekend in protest after the casino refused to provide credit to his friend. “Croupiers and other staff in the high-stakes Endeavour Room were amazed when management refused a $20,000 line of credit to […]
Record numbers of I-gaming industry members participated in the annual Global Interactive Gaming Summit and Expo (GIGSE) May 16-18 at the Palais de Congres in Montreal. A total of 1821 people from more than 42 countries registered for the conference and 127 businesses either had an exhibition booth or sponsored a proceeding. “I think a […]
The end of the bidding war for Aztar may finally have arrived. Kentucky-based Columbia Sussex Corp. topped its previous bid by $1 a share late Monday and Aztar Corp. declared the $54 a share offer superior to the company’s signed merger agreement with Pinnacle Entertainment. The $2.97 billion all-cash deal — which includes acquiring all […]
As reported by (Indiana) Eyewitness News: “Six months ago, French Lick Resort closed to begin a multi-million dollar restoration of the century old hotel. “This massive project is ahead of schedule, including the 84,000-square-foot casino and entertainment complex. ” ‘We will have 1,200.35 gaming tables.We have a fourteen-table poker room,’ said Eric Whitson, director of […]
With Mike Sexton and Vince Van Patten, the WORLD POKER TOUR (WPT) captured lightning in a bottle. The chemistry between these two personalities – one veteran poker pro and one Hollywood personality with a passion for poker – has been a major factor in the Travel Channel show’s success. Now WPT Enterprises, Inc. creator of […]