Category: Gambling Feature Stories
Australian slot machine manufacturer aims for U.S. market
Las Vegas Review Journal – Mike Dreitzer credits his success to the mentors he has had in 20 years as an attorney and gaming executive in Nevada. Folks such as former Nevada Assembly Speaker Barbara Buckley, ex-Gaming Control Board Chairman Bill Bible, former Gov. Mike O’Callaghan and gaming executive and gaming lawyer Shannon Bybee helped Dreitzer early in his career. So it was natural that Dreitzer had an interest when he was contacted more than a year ago by the CEO of an Australian-based slot machine developer that bears the name of a gaming industry pioneer. Dreitzer, 42, joined Ainsworth…
Known ‘card cheat’ admits using invisible ink to mark cards at Mohegan Sun
The Day – A man flagged by casino security officials as a “known card cheat” pleaded guilty Wednesday in New London Superior Court to using invisible ink to mark cards at Mohegan Sun on Sept. 15, 2013. Bruce Koloshi, 55, of Summit, N.J., who is also known as Jeffrey William Elliot, pleaded guilty to attempted cheating at gambling and received a 10-month prison sentence followed by three years conditional discharge. As a condition of the plea bargain, Koloshi is banned from Mohegan Sun and Foxwoods Resort casinos. “You are not welcome at any casinos in Connecticut,” Judge Hillary B. Strackbein…
Progressive Slots Link Nevada, New Jersey Casinos
A long-planned initiative to create bigger jackpots by linking Nevada slots to those in New Jersey is up and running. The New Jersey Gaming Enforcement Division says the progressive slots system links 100 machines in Atlantic City with 600 in Nevada. The progressive jackpots grow in size as more gamblers play them. “The division is pleased to have been at the forefront of passing regulations and reaching out to other jurisdictions to enable this expanded gaming opportunity for Atlantic City,” said director David Rebuck. “Much like multi-state lotteries, this new technology and cooperative regulatory agreements will allow combined progressive jackpots…
New Poker Movie “Gutshot Straight” with Steven Seagal
Poker News – Last year, 20th Century Fox released Runner Runner, a poker-themed movie starring Ben Affleck and Justin Timberlake. The film earned $19.3 million at the U.S. box office, well below the estimated $30 million budget. Now, a new poker indie film is slated to be released on September 1. Gutshot Straight by Jay-X Entertainment stars George Eads, who played Nick Stokes on CSI: Crime Scene Investigation, as well as Steven Seagal (Under Siege, Marked for Death), Vinnie Jones (Snatch, X-Men: The Last Stand), and Tia Carrere (Wayne’s World, True Lies). The film was written by Jerry Rapp and…
Macau Gaming Crackdown Drives Bettors To Las Vegas
Analysts have been warning for months about the Macau gaming crackdown and a summer slowdown in VIP gaming after officials arrested several local lenders on charges of illegal money laundering. MGM Resorts International, Sands, Wynn Resorts and others with casinos in Macau have been impacted by weakness there. Naturally, revenue for Las Vegas Sands and other Macau-centric casinos collectively fell 3.6% in July to $3.5 billion, Macau officials said recently, led by a slide in high-roller VIP segment gaming. Telsey Advisory Group analyst Chris Jones said Monday that the mass market segment in Macau — tourists and casual middle-class visitors…
Caesars happy with High Roller observation wheel
Las Vegas Review Journal – Caesars Entertainment Corp. officials were happy to discuss the company’s second quarter results Monday, including improvements in the Las Vegas market credited to the opening of The Linq and its centerpiece High Roller observation wheel. But don’t ask about Caesars’ ongoing restructuring plans to address its gaming industry-high $24.2 billion in long term debt. At the outset of the question-and-answer session with analysts and investors, Caesars Chairman Gary Loveman said the company wouldn’t provide any additional disclosures related to its capital structure. The first question concerned funding one of the company’s new affiliate divisions. “Unfortunately,…

















