Tag Archives: Las Vegas gaming

$5,000-a-spin Slot Machines in Las Vegas

High rollers are not just hanging around at the card tables in Las Vegas anymore. 

Aria in the new CityCenter complex in Las Vegas boasts $5,000 denomination slot machines with a max bet of 1 credit per spin. 

Dig deep and just maybe you too can have a thrill!

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The Venetian in Las Vegas Adds Aresenal of Pocketcasino Games

More than offering just pocketcasino sports wagering, which Cantor Gaming launched at The Venetian last September, Cantor Gaming, an affiliate of the global financial services firm Cantor Fitzgerald, has announced yesterday that their pocketcasino (only available on the Las Vegas Strip at The Venetian and The Palazzo), is now offering casino style games in addition to in-running sports wagering incuding traditional casino games such as blackjack, video poker and slots.  

Included in the new choice of casino games are innovative games including XtraOdds Blackjack and XtraOdds Baccarat. These games offer extra propositional bets that dynamically calculate odds based on the cards dealt, giving an extra opportunity to press or hedge your bets.  

Pocketcasino gaming promises a dramatic increase to business revenues while allowing casino patrons to multi-task and gamble like never before, including allowing patrons the ability to play casino style games while roaming throughout the high limit slot salon, Grazie gold lounge, race & sports book, and designated public areas currently including  bars, lounges and restaurants at The Venetian and The Palazzo in Las Vegas.

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Nevada Supreme Court to Hear Las Vegas Gambler’s Woes

The Nevada Supreme Court has ordered a new trial on punitive damages awarded to a Las Vegas gambler against the Imperial Palace, citing attorney misconduct. 

In an opinion issued last Thursday, the high court said James Grosjean’s trial lawyer, Robert Nersesian, improperly asked jurors to “send a message” to the casino and to put themselves in his client’s position. 

Grosjean, an expert gambler, was awarded $99,000 in compensatory damages and $150,000 in punitive damages after he was handcuffed, searched and detained by security guards in 2000 at the request of state Gaming Control Board agents. 

Court records say about halfway through the 45-minute incident, another Control Board agent said Grosjean should be released, but he was not immediately let go.

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Big Changes Coming to Tropicana in Las Vegas

The Tropicana’s new ownership group, headed up by former MGM Grand Inc. President and Chief Operating Officer Alex Yemenidjian, plans to spend more than $100 million in the next year to ‘”transform the Tropicana to pre-eminence,” says Yemenidjian. 

The new owners, Tropicana Las Vegas Inc., plan to remodel the hotel’s 1,876 rooms, the casino floor, two new restaurants and center bar, the showroom, convention center and the pool areas with a South Beach Miami theme.  

A new sports book, poker room, and replacing the casino’s slot machines and table games are other planned changes.  

Pedestrian bridges from Excalibur and MGM Grand to the Tropicana are also planning to be extended. 

The changes will be introduced with new marketing and entertainment programs. 

The new owners plant to take over the Tropicana’s nongaming opertions July 1, pending Armenco Holding’s approval by the Nevada Gaming Commission, which meets June 18.

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Malaysian Gaming Company Courting MGM Mirage in Las Vegas?

Is the pre-eminent Malaysian hotel and gaming company Genting Bhd working out a deal with the MGM Mirage in Las Vegas?  Reports out of Asia indicate that Genting’s Resorts World Bhd bought $100 million of MGM Mirage debt.  This debt had been sold as part of the MGM Mirage balance sheet restructuring. 

There are more questions than answers right now:  How will this impact the MGM Macau casino’s?  With the current MGM partner – Pansy Ho – being deemed unsuitable because of possible organized crime connections, is this move designed to bring in a party that the Nevada regulators would approve?  What would the direct effect be on the MGM Mirage’ Las Vegas business ventures including the MGM Hotel and Casino and City Center? 

Stay pointed to Las Vegas Backstage Access for the latest developments.

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Millionaire Fights Back Against Las Vegas Casinos

The former owner of Oriental Trading Company in Omaha, Nebraska is fighting back against two Las Vegas casinos. 

A grand jury has indicted millionaire Terrence “Terry” Watanabe, 52, on felony charges of owing more than $15 million in gambling debt.TerryWatnabe   He pleaded not guilty on May 29 in Las Vegas; his trial is scheduled for November 16.

Watanabe claims the management at Caesars Palace and The Rio casinos in Las Vegas kept him in a constant state of intoxication and gave him prescription drugs. He claims that those actions caused his losses to increase through no fault of his own. 

Las Vegas casino operating policies prohibit serving intoxicated patrons.

The properties are declining comment.

Watanabe could face probation or up to 16 years in prison if convicted of the two felony theft and two bad check charges.

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Legalizing Internet Gambling in Top 10 of President Obama’s Citizen Briefing Book

Poker players simply passively sit, blow wispy smoke designs in the air and look at their cards from behind their stealth disguise of dark sunglasses and ball caps all day long, hoping to just cash in on a good payday.Gambling

Wrong.

Rather, many members of the one-million strong Poker Players Alliance saw fit to actively make their voices heard on the issue of legalizing Internet gambling by flooding the Obama Web site, suggesting online gambling should be made legal.

Their efforts paid off. Poker playing made the top 10 list of subjects sent to the White House when President Barack Obama – a self-proclaimed poker player -asked Americans to send him their policy priorities. Poker playing also ranked as the No. 1 issue in the technology category.

The citizen requested priorities were unveiled last week in a Citizens Briefing Book, made public just days after legislation was introduced in Congress to repeal the 2006 ban on Internet gambling.

In all, more than 125,000 users suggested 44,000 ideas to help the administration properly prioritize their agenda. They cast 1.4 million votes for their favorite ideas, with each supportive vote earning 10 points.

Legalizing poker was suggested by an online player from Washington, D.C., under the heading: “Boost America’s Economy with Legal Online Poker.” It earned 46,890 points.

Poker players beat out a suggestion for increasing automotive fuel efficiency standards (46,120 points), but didn’t outscore “the permanent closure of all torture facilities” (61,250 points).

An American Gaming Association study released Monday shows that 2 percent of adult respondents gamble online. The Poker Players group estimates between 10 million and 15 million Americans regularly gamble on the Internet. They also estimate $3 billion annually could be generated from legitimizing the online gambling business.

This month, Rep. Barney Frank, D-Mass., introduced legislation that would essentially repeal the Internet gaming ban by instituting a framework for licensing and regulating online games.

Religious groups have vowed to maintain the online gambling ban, saying Internet gaming is a threat to home life and family finances.

This year Harrah’s Entertainment became the first major gaming bricks-and-mortar operations to back the online legislation. Nevada Democratic Rep. Shelley Berkley signed on as a co-sponsor.

Franks spokesman Steve Adamske said support for the bill depend on the extent to which backers contact their lawmakers, adding that actions like the briefing book onslaught are “hugely helpful.”

In some ways Obama’s briefing book reads like a to-do list he has already started – closing Guantanamo Bay detention facility, developing clean energy sources, supporting investment in high-speed rail.

In others it is purely the voice of the people.

The top 10 issues also include: “Revoke the George W. Bush tax cuts on the top 1 percent,” “Commit to becoming the ‘greenest’ country in the world,” “No more wars on abstract concepts” and “ending marijuana prohibition.”

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