news about gambling

Everything about casinos, lotteries, racetracks, and other gambling businesses: news, design, and corporate intrigue.

Will Expansion Mean Contraction? | Global Gaming Business Magazine

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In this month’s Global Gaming Business, I take a look at what impact the expansion of casino gaming has had on mature jurisdictions: But since then, further expansion has put pressure on “mature” gaming markets like Atlantic City, Mississippi and Delaware, which have seen revenues decline. This raises the question of whether further expansion will […]

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Prohibition not the right answer for online gaming in Las Vegas Review-Journal

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This morning, the Las Vegas Review-Journal published an op-ed piece I wrote about the ultimate futility of online gaming prohibition: The nation faces a dangerously seductive form of gambling, as cross-border, high tech telecommunications networks threaten to siphon money out of homes across the country. The problem is getting worse, and the states, with the

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Me @ G2E: Social media insights

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A little while ago I received an invitation to participate in G2E‘s conference track. Here are the details: 9:15AM – 10:15AM (Wednesday, October 05, 2011) Social Media Insights, Part III: ROI Although it officially costs nothing to tweet, the hard costs associated with staffing and content development are undeniable. This session will examine how casinos

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Wynn & China on Two Way Hard Three

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In case you missed it, I posted a piece yesterday on Two Way Hard Three talking about Wynn Resorts and China: In today’s flurry of email headlines (which continue whether I’m in the office or not) I read a blurb saying that Wynn Resorts “has become”; a Chinese company. Certainly this is no surprise to

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Updated 2004-2011 poker study up

Center for Gaming Research, news about gambling, Two Way Hard Three • • • , , ,

While answering questions about the impact of the Black Friday indictments on Nevada poker, I thought I’d take a look at what impact previous interdiction attempts (the passage of UIGEA, the implementation of UIGEA) had on Nevada poker. So I compiled a month-by-month summary of Nevada’s poker results for the past seven years. Because I

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Center for Gaming Research, news about gambling, Two Way Hard Three

Six-month NV gaming analysis

Center for Gaming Research, news about gambling • • • ,

Each month, there’s a lot of sound and fury about what the results released by the Gaming Control Board really mean. And each month, when asked what I thought, I used to look at the numbers, compare them with the previous year’s, and speak. Last year I decided to shift perspective a little by adding

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Center for Gaming Research, news about gambling

Feb. Nevada number comparison

Center for Gaming Research, news about gambling • • • , ,

I’ve got the Nevada gaming revenue comparison and analysis for February up. Here’s the executive summary: For Nevada’s gaming revenues, February 2011 had little to celebrate, though in some ways the numbers aren’t as dire as they seem at first glance. Comparatively, the Strip continues to outperform much of the state, but it is still

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Center for Gaming Research, news about gambling

More about the “Friday Effect”

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In my analysis of the January Nevada gaming numbers, I made reference to slot win from December being rolled over into January, something I dubbed the “Friday Effect” because I couldn’t think of a better description. I got a few emails asking for more details about it, so here’s the explanation that GCB Senior Research

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Nevada January gaming revenues: not encouraging

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The January numbers are out, and while they appear to be merely ho-hum (a 0.67% Statewide revenue decrease), they are actually quite troubling. Here’s the executive summary of the report: January 2011 continued what has been a trend: a persistent, moderate decline in the state’s gaming revenues. This is the third consecutive month in which

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Details about the Cosmopolitan’s new sports book

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Like I admitted on Twitter, I take lousy photos, so I promised that I’d share some of the PR stills of the Cosmopolitan’s new sports book. I’m also throwing in the press release–if you read any media accounts that sounds suspiciously like this, it just means someone’s taking it easy on the word-smithing front: Las

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Casino crime in the LVBP

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In this week’s Las Vegas Business Press, I look a little more closely at what the two-incident “epidemic” of strong-arm casino chip robberies means” Strong-arm robberies aren’t exactly rare in the United States. According to Federal Bureau of Investigation statistics, there were almost 409,000 robberies in 2009, the last year for which data is available.

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Marilyn Spiegel interview

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About 2 weeks ago, I interviewed Marilyn Spiegel for a profile piece in Vegas Seven. There are always space constraints, so I thought it would be a good idea to record the interview and post at at UNLV Gaming Podcasts, mostly so she can share her story in her own words. I”m having some issues

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Frank Riolo’s leap of faith in Vegas 7

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Finally, another Green Felt Journal in Vegas Seven. And this is a good one, too: It’s not often that a CEO becomes a hero by jumping off a building, but most CEOs aren’t like Frank Riolo. And most companies don’t operate observation towers attached to a Las Vegas casino. Since May 2008—just about the start

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Podcast w/ Lee Amaitis is up

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At the opening of the Tropicana’s new Cantor Gaming-run sports book, I had a very interesting conversation with Cantor Gaming President and CEO Lee Amaitis. It was so interesting that I thought I should share it with everyone. So we made an appointment for a sit-down interview, and here it is. UNLV Gaming Podcast #27

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Thoughts on 2010 in Las Vegas Business Press

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This week in the Las Vegas Business Press, I take a look back at a year that raises more questions than it answered: From the start of last year, Nevadans had no illusions. The recession showed no concrete signs of letting up, and within the gaming industry hope, particularly about the newly opened CityCenter, was

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NV regulation’s just changed

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Anyone else catch this Notice to Licensees from the Nevada Gaming Control Board last week? DATE: February 8, 2011 TO: All Gaming Licensees and Other Interested Persons FROM: Mark A. Lipparelli, Chairman SUBJECT: Merging of the Board’s Investigations and Corporate Securities Divisions Effective Monday, February 14, 2011, the Investigations and Corporate Securities Divisions of the

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Atlantic City changes

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Looks like change is in the air in Atlantic City. First off, Trump Marina is apparently going to change hands. As the Atlantic City Press reports, Landry’s Inc., which owns Golden Nuggets in Downtown Las Vegas and Laughlin, is planning to buy the property for $38 million and give it a through facelift, both inside

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December NV gaming revenue analysis

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The Gaming Control Board released the December 2010 Gaming Revenue Report today, and I’ve gotten my historical comparison/analysis up. Here’s the executive summary, but you should really click through to see all of the numbers: As in November, December saw a decline from the previous year’s results, but there were bright spots. Statewide and in

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El Cortez suite competition winner in Vegas Seven

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It’s Thursday, so I’ve got a Green Felt Journal column in Vegas Seven. This week, I dig a little deeper into the significance of the El Cortez’s Design-a-Suite Downtown competition: When the El Cortez announced the winner of its Design-a-Suite Downtown competition recently, the downtown stalwart did more than decide the look for its suites;

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