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Casinos & Gaming

Fantasy Sports Trade Association hosts winter meeting in Las Vegas

The number of Americans paying to participate in fantasy sports has grown at a 7.8 percent rate annually over five years. That growth has transformed what was once a small group of devoted players into a multibillion-dollar business.

Gaming, Olympic officials on lookout for betting irregularities

The Gaming Control Board and the International Olympic Committee announced Tuesday they will cooperate in monitoring irregular bets related to the Sochi Winter Olympics in Russia to ensure the integrity of the competition.

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INSIDE GAMING: $5.5 million fine keeps CG alive

There is a reason officials from CG Technology (formerly Cantor Gaming) said they were “glad to have reached a resolution” with Nevada gaming regulators and will pay the largest fine ever leveled against a casino or affiliated company.

Legislative committee on technology plans to broaden scope

A legislative committee formed to study technology’s effects on gaming will go beyond its stated purpose and explore other issues surrounding Nevada’s largest industry.

Atlantic City cancels poker tournament over fake chips

Saying they have confirmed that one or more people used “a significant number of counterfeit chips” at an Atlantic City poker tournament, state casino regulators on Saturday canceled the tainted match and ordered all prize money frozen until an investigation is complete.

Several gaming companies expected to have a good year

With a new year comes new prognostications by Wall Street on which gaming companies will provide investors the best return in 2014.

Sports books hope to attract fantasy sports players

Sports betting is big business in Nevada with $3.45 billion wagered in the last reporting year. But Las Vegas casinos and sports books are still trying to figure out how to attract fantasy sports players to the Strip.

Anti-online gaming group circulates FBI letter warning of Web wagering

An anti-online gaming group funded by Las Vegas Sands Corp. Chairman Sheldon Adelson is distributing a letter from the Federal Bureau of Investigation that warns Internet wagering can be used by criminals to conduct money-laundering activities.

 
Cosmopolitan tries new effort to set itself apart

Over the last three years, the Cosmopolitan of Las Vegas has emerged as the luxury Strip resort known for its sexy and edgy advertising — a corporate philosophy that has set the property apart in a crowded gaming landscape.

Atlantic Club casino falls victim in tough market

At a minute past midnight, Debra Wagner was suddenly unemployed. A housekeeper for 23 years at the Atlantic Club, she was one of 1,600 workers who lost their jobs early Monday when the struggling casino shut down, the victim of a glut of casinos in the northeastern U.S.

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