Archive for the ‘casino’ category – MGM Mirage Hit by Slowdown In Hotel, Casino Revenue

August 5, 2008

MGM Mirage’s net income tumbled 69% amid year-earlier gains and a drop in revenue as guests continued to visit the casino operator’s resorts in high numbers, but at lower room rates and with lower spending. Casino revenue decreased 4%.

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No Chance to Win, $Millions of Lottery Tickets Sold Anyway

July 7, 2008

Through a request filed under the Freedom of Information Act, Fishwick’s firm was able to obtain records that showed the Virginia State Lottery sold $85 million in tickets for which no top prize was available. Fishwick says the state should pay $85 million in damages.

read more | digg story – Debt-Laden Casinos Squeezed by Slowdown

July 1, 2008

The gambling slowdown that began early this year is taking a serious toll on Las Vegas. Casinos are being pinched by less access to cash as they grapple with predownturn expansion plans and billions of dollars of debt.

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Illinois Gaming Board fines casino $800,000

May 20, 2008

Hollywood Casino, gets fined for marketing to the equivalent of the do not call list for gamblers.

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Slot Machines for the Young and Active

December 11, 2007

A new class of slot machines, aimed at attracting younger players who grew up with video games, is demanding something more than the ability to pull a lever — skill.

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October 25, 2007

For about an hour last August, Gary Hoffman was a very lucky man.

Hoffman was playing the nickel slot machines at the Sandia Resort and Casino on an Indian reservation in New Mexico when he appeared to hit the jackpot: the machine said he won nearly $1.6 million.

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