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…

Casinos should focus on younger demographic

Mississippi Business Journal – Forbes says Tilman Fertitta is worth $2.4 billion. He became a wealthy businessman by making smart decisions, being opportunistic and having a business-is-business attitude. But even when the owner and CEO of Fertitta Entertainment walks into one of his three Golden Nugget casinos, one thing scares him — the changing landscape of the customers. “One of my scariest things that is young people do not play slot machines,” said Fertitta, who was the keynote speaker kicking off last week’s Southern Gaming Summit in Biloxi. “I go to all these places, it’s not young people playing slot…

How to Play Roulette; Roulette Variations

This Week in Gambling ~ By Gayle Grant for GamblingPlex.com ~ Not quite sure how to play roulette? We will show you how in our quick guide. Before you begin, make sure you know this: Play for fun. You can’t guess the numbers to come, it’s a game of luck and skills, but mostly luck. There are various strategies that will help you increase the chance of winning, but don’t take the game too seriously. For beginners combo bets are the best option. This includes even/odd and red/black combinations. You will be better off betting on more than one number…

First In-Casino Bitcoin ATM Launches in Las Vegas

Tourists visiting Las Vegas can now get their cryptocurrency in Las Vegas at a Bitcoin ATM located at The D Casino. The site has partnered with Robocoin, a fellow Las Vegas-based company, to place a bitcoin ATM inside its casino. The machine allows users to both buy and sell the currency. Derek Stevens, CEO of the D Las Vegas Casino Hotel, said in a statement: “We’re proud to be the first casino property to accept bitcoin and we’re excited to offer our customers the convenience of a bitcoin ATM.” The D Casino Hotel is located downtown on Fremont Street, distanced from the…

Could New Jersey Allow Casino Outside Atlantic City?

Card Player – One lawmaker in New Jersey is still advocating for a casino outside of Atlantic City. According to the Associated Press, at a regional gambling conference Tuesday in Atlantic City, Assemblyman Ralph Caputo reiterated that a casino in the Meadowlands would greatly benefit the Garden State. Discussions of such a possibility have been “growing stronger.” “A casino in north Jersey, to be taxed at 50 or 60 percent, we could do a billion dollars a year in that location,” Caputo said. “We’ve got to be fighting for those customers. That’s what Pennsylvania is doing. That’s what New York…