Gaming

Las Vegas-based IGT sold in deal valued at $6.4 billion

People try out a Bridesmaids video slot machine by International Game Technology (IGT) during the G2E convention at the Sands Expo Center Tuesday, Sept. 24, 2013.

Italian lottery operator Gtech is purchasing Las Vegas-based slot maker International Game Technology for $6.4 billion, the companies announced early Wednesday. The cash and stock deal also includes ...

Boston mayor: ‘No-win’ situation with Wynn; will boycott arbitration

This artist's rendering released Wednesday, March 27, 2013, by Wynn Resorts shows a proposed resort casino on the banks of the Mystic River in Everett, Mass.

State gambling regulators are weighing how to respond to Boston Mayor Marty Walsh's refusal to participate in arbitration with Wynn Resorts for a ...

Ultimate Gaming to run online poker for the El Cortez

The El Cortez in downtown Las Vegas Monday, June 10, 2013. STEVE MARCUS

The historic El Cortez casino, a holdover from Las Vegas’ mob days, is now lockstep with 21st century gambling. Real-money poker website Ultimate Gaming has reached a deal to run the downtown resort’s...

Online gaming hasn’t lived up to its hype

Initial projections were optimistic, but the reality has been that the revenue produced by Internet poker sites has been basically negligible, though some remain bullish on the prospects ...

Macau graft agency probes Wynn land deal

The watery entrance of Wynn Macau.

Macau's corruption agency said on Friday it is examining a land deal relating to Las Vegas mogul Steve Wynn's upcoming $4 billion casino in the world's biggest gambling hub.

Casino operator Affinity Gaming warns of default on part of debt

The neon sign at Silver Sevens Hotel & Casino is ceremonially lit in Las Vegas on Monday, July 1, 2013. Silver Sevens Hotel & Casino was formerly known as Terrible's Hotel and Casino.

A casino operator with 11 properties in Nevada, Colorado, Missouri and Iowa is warning investors that it expects to default on a portion of nearly $383 million in long-term debt but …

With talk of LeBron’s return, Cavaliers appeal to Vegas bettors

Miami Heat forward LeBron James responds to a question during a media availability for the NBA basketball finals on Saturday, June 14, 2014, in San Antonio.

http://espn.go.com/nba/story/_/id/11187651/cleveland-cavaliers-attracting-bets-vegas-books

Dotty’s company buys River Palms casino in Laughlin for $6.75M

A photo of the River Palms Resort & Casino in Laughlin.

The owners of the Dotty's tavern chain are buying the River Palms casino in Laughlin for $6.75 million in cash. Tropicana Entertainment announced last week that it plans to...

Lottery mystery yields clues to $7.5 million prize

Ever notice that instant lottery tickets are consecutively numbered? Ever wonder if those numbers could help in a hunt for riches? They theoretically can, at least in Texas. They helped...

Ivey: Atlantic City win was result of skill, not cheating

Phil Ivey takes part in the $111,111 One Drop High Rollers No-Limit Hold'em event during the World Series of Poker on Wednesday, June 26, 2013, at the Rio.

World-famous poker player Phil Ivey says his disputed $9.6 million baccarat win at Atlantic City's Borgata casino was all skill, and is seeking the dismissal of a lawsuit in which the casino accuses him of ...

Caesars turnaround odds hobbled by default-swap volumes

http://www.bloomberg.com/news/2014-07-01/caesars-turnaround-odds-hobbled-by-default-swap-volumes.html

How lottery legend from Las Vegas likely used odds, Uncle Sam to win millions

http://www.philly.com/philly/news/nation_world/How_lottery_legend_Joan_Ginther_used_odds_Uncle_Sam_to_win_millions.html

Worst of Macau’s gambling slowdown is seen as over

This Feb. 15, 2011, file photo shows a promotional screen with the Chinese characters for MGM displayed at the MGM Grand Macau casino resort, in Macau. MGM Resorts reported quarterly earnings on Tuesday, April 29, 2014.

http://news.investors.com/business/070114-706975-las-vegas-sands-other-macau-casinos-see-revenue-drop.htm

Aria agrees to $100,000 fine for preventing viewing of roulette game

A tram passes in front of Aria during a tour of MGM Mirage's CityCenter project Wednesday, Nov. 18, 2009. Properties in the $8.5 billion project will open next month.

The Aria on the Las Vegas Strip has agreed to pay a $100,000 fine for preventing a pair of state gaming agents from observing a high-stakes roulette game that, under state law, must remain open to the public. The law states that...

Hedge funder says massive heist may have been Macau’s ‘Lehman’ moment

A nightfall view of Venetian Macau from a Crown Towers suite

http://www.businessinsider.com/macaus-lehman-brothers-moment-2014-6