Category: Land Based Gaming and Casinos
Nevada Legislature to Consider Election Betting
Ever wanna try election betting? Well, Nevada is thinking about it, too. What are the odds of Hillary Clinton being elected as the next president? Folks in Nevada may just get a chance to place a wager on who will win federal elections under a plan that has resurfaced. A legislative committee will decide Tuesday whether to recommend if Nevada should allow election betting on federal races, making available here bets that can already be placed overseas. State Senator Tick Segerblom, D-Las Vegas, introduced a bill in the 2013 Legislature to permit wagering on federal elections. Senate Bill 418 passed…
Plastic Mobile links up with Ontario Lottery
iGaming Business – Canadian mobile agency Plastic Mobile has been selected to serve as the ‘vendor of record’ on the Ontario Lottery and Gaming Corporation’s (OLG) mobile roster. Under the agreement, which will run for three years, Plastic Mobile’s portfolio of gaming and transaction-based mobile applications will link up with OLG. “We’re very excited to work with OLG and to take part in mobilizing lottery and gaming across Ontario,” Plastic Mobile president and chief operating officer Melody Adhami said. “As mobile continues to flourish across industries, we’ll be working closely with OLG to bring mobile innovation to the forefront of…
There Will Be Fewer Atlantic City Casinos
Wall Street experts have seen the future of Atlantic City casinos — and there will be fewer places to play. A panel of analysts speaking at a regional gambling conference Tuesday in Atlantic City said a market that has already lost one casino this year still has too many. Adam Rosenberg, a managing director with Goldman Sachs, said “reducing capacity” is already underway, which he considers positive. Srihari Rajagopalan, a debt analyst with UBS, agreed. “You are seeing the market right-size, which is a positive,” Rajagopalan said. “There are unprofitable casinos shutting down.” Earlier this month, the CEO of Caesars…
Las Vegas amenities are attracting visitors
Las Vegas Review Journal – Just as the recession began to grip Las Vegas in 2008, gaming executive Terry Lanni made a prediction. During an interview at his offices in the Bellagio, Lanni said a Las Vegas market recovery was not going to be like any other time tourism and gaming businesses experienced a downturn. After the terrorist attacks of Sept. 11, 2001, it took 18 to 24 months for tourists to get comfortable with domestic travel. The recession of the 1980s took a bite out of the tour and travel trade nationwide. An aggressive marketing campaign by the Las…
Casino Cheating is as Old as Casino Gaming
Security in Vegas to detect casino cheating is now far more sophisticated that it used to be. But so are those looking to game the system. Three experts spoke Wednesday night at the Mob Museum about the decades-long arms race between cheaters and casinos. “As long as there has been casino gaming there have been people who have tried to cheat it,” said James Taylor, deputy chief of Special Investigations and Support Services for the Nevada State Gaming Control Board, to a crowd of about 100 people. Taylor has sent chips flying as he tackled tricksters to the floor and…
Las Vegas Sands May Be Hurt By Macau Slump
A second bank said that a Macau slump in gambling revenue that could affect earnings for Las Vegas Sands and other top casinos in the hot gambling destination on China’s southern coast. Nomura Securities on Thursday cut its earlier-raised 2014 revenue growth forecast for Macau from 17% to 14%. The Japanese bank joined Wells Fargo, which, as reported earlier, has been warning for some time that Macau casinos face headwinds in the short term. Sands separately said Thursday that President and Chief Operating Officer Michael Leven will retire at the end of this year. And CEO Sheldon Adelson tried to…



















