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Casinos & Gaming

Settlement talks in CityCenter case bear fruit – maybe

Settlement talks have started to bear fruit in the high-stakes litigation over the construction of CityCenter, including an insurance company offer to pay $55 million to cover defects at the unfinished Harmon hotel.

DoubleDown Casino founders leave IGT

The founders of the social gaming product DoubleDown Casino have departed the company, two years after it was purchased by International Game Technology.

Nevada Gaming Commission OKs record $5.5 million fine against CG Technology

The race and sports book subsidiary of Cantor Fitzgerald L.P. accused of inadequate supervision of its employees that led to one of its top executives accepting illegal bets will pay a record $5.5 million fine under a settlement unanimously approved Thursday by the Nevada Gaming Commission.

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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.

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.

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