Posts Tagged ‘Las Vegas Casinos’

Harry Reid Holds Senate Seat

Saturday, November 20th, 2010

With the recent election results taking place in the beginning of the month of November, many different operators and players of online casinos are trying to determine just what the future will be for Internet gambling in America. Senate majority leader Harry Reid definitely had a lot on the line for his home state of Nevada. He was up for reelection and could have potentially lost his seat as the Majority Leader of the Senate in addition to just his Senate seat in general within Washington DC.

When all the votes were in, however, it seems that everything was fine and dandy for the long serving senator. For all the people who reside in Nevada, one of the top destinations for online and land-based gambling opportunities, everyone who was invested in this particular online casino and land-based gambling pursuits was pushing for Reid to win. Is tea party opponent candidate Sharon angle definitely gave him a run for the money, but in the end, he was able to score a victory.

For many people within the realm of online casinos, fact that Harry Reid managed to score a victory came as a major surprise. Many political insiders had indicated that Reid would probably end up losing table, but this did not take place. Many people have indicated that the senator has not continued to receive the same level of support that he has in the past from Internet casino gambling company executives in the state of Nevada. His approval rating among residents within the state of Nevada has definitely been slipping. But, luckily for Reid, it did not sleep enough to cost him his position.

Harrahs To Change Corporate Name

Thursday, November 11th, 2010

One of the major powerhouse operation in the industry devoted to land based casino gambling, Harrah’s Entertainment has definitely made a lasting impression. Well-known among Las Vegas tourist groups and online casino industry insiders, this powerhouse company has managed to achieve a remarkable level of success despite the dreaded and seemingly endless economic recession. The staff from Harris had actually gone so far as to branch out into the online casino gambling well. They have up to the ante and push the envelope and entered into the United Kingdom market of online gambling sites.

Their goal is point in time is to raise $610.9 million worth of public funding for this month. At that point in time, they will change t of heir corporate name to Caesars Entertainment. Perhaps they want to maintain a closer tie to their Las Vegas roots? Who knows for sure? After filing with the US Securities and Exchange Commission this week, this information was released to the general public.

It seems that the staff from this gambling operation has decided to offer 31.3 million shares of common stock that is priced between 15 and $17 per share on the market. It’ll be interesting to see how these changes affect the company’s revenue in the future. Will they succeed in transitioning into a huge and dominating force in the market of online casinos? Only time will tell for now. I’m sure many people who consider themselves to be industry insiders are watching closely this American land-based gambling enterprise forge a path that is relatively unprecedented in this increasingly competitive business.

Station Casinos Inc. Begins Lawsuit

Thursday, October 21st, 2010

It seems that there is finally some direct conflict taking place between online casinos and land based casinos within the heart of Las Vegas. Although the reports are relatively new and the details are little worry, it seems that one of the powerhouse land based casino operators located in Las Vegas, Station Casinos Inc. has launched a very serious loss against two different online casino gambling websites. One of these gambling sites is based in Britain and the lawsuit was filed in the district court within the US located in the state of Nevada earlier this past week. The allegations involve the two sites using Station Casinos Inc. trademarks while at the same time directing customers away from their business.

With the dramatic rise in fall of land based casino operations throughout the United States and all around the world, it makes sense that they would try to fire back against online casinos for taking a huge chunk of their business. Even though we are still suffering through a blistering and seemingly endless economic recession, it cannot be discounted that Internet casino business is desperately pull the carpet out from under many formerly thriving land based casino businesses.

This most recent lawsuit involves S.L. Enterprises and Ryan Murphy. It’ll be interesting to see how this lawsuit develops as we move forward into the future. This could be a very important case for other issues or conflicts that develop in the ambling industry further on. Apparently some controversy involves how much these casino operations or payouts to the winners of their jackpot prizes. It will be interesting to see how the courts handle this particular scenario.

Bomb Threat In Vegas A Hoax

Tuesday, September 21st, 2010

Although many people tend to focus on the economic situations for online casinos and land based casinos such as those located within the heart of Las Vegas, there are definitely some other situations that arise from time to time in both the online Casino world and the land based casino world. For example, most recently at Arizona Charlie’s hotel and casino in Las Vegas, the entire operation had to be evacuated after a bomb threat. Hours after the incident happened, gambling activity was allowed to resume once the threat turned out to be one big old hoax.

Apparently, a man walked into the casino and went straight to the security desk read hold an officer working there that he had a bomb on his person. He showed some sort of device to the security guard and then other security guards were alerted and came over. The man was forced to leave the casino but just to be on the safe side, the entire casino was evacuated.

This is one of the reasons why online casinos can hold so much appeal to so many people because this sort of thing would be relatively impossibility impossible to execute in somebody’s own private home. But this is exactly the sort of thing that could happen at a high-profile land based casino. This is the police learned that it was all a hoax, demand that they had taken into custody who claimed he had a bomb was arrested. Apparently, the authorities have indicated that this man wanted to do some sort of kamikaze episode in which he would get killed by a cop.

Las Vegas Visitors Gamble Less

Tuesday, July 6th, 2010

As the international gambling mecca, Las Vegas plays an important fan influential role in this particular industry. While the power and increasing popularity of online casinos has diminished what the power of Las Vegas in some ways, they continue to command a powerful presence overall. Online casino sites cannot begin to compete with the glamour and a lower of sin city.

Over the month of April, the tourism agency that controls promoting the sites and wonders of Las Vegas have indicated that there was a small increase in visitors compared with the same month back in 2009. This is incredibly heartening news sense the Las Vegas gambling business has seen some rather bleak days economically lately. The one bad thing involved in the increase of visitors is that although there were 3.2 million visitors, they ended up spending less money on gambling overall.

No one is able to correctly determine whether or not they chose to spend their money at online casinos as opposed to Atlanta-based casinos located in the heart of Las Vegas. His could be one explanation, but we all know that the blistering and seemingly endless economic recession has played a huge role in curbing the amount of tourism and the amount of revenue that is being brought into the Las Vegas community.

Overall in Clark County, gambling revenue was shown to drop 6.1% down to just under 6 feet $690 million. The strip in Las Vegas showed drop in gambling revenue of less than one cent down to 437 million. It’ll be interesting to see how Las Vegas casino revenue is a book fair in the coming months.

Bizarre Promo At Ultimate Bet

Wednesday, June 30th, 2010

As one of the top online casino operations and business, Ultimate Bet often makes the headlines in the industry for coming up with some amazingly unique promotional events. Most recently, the market of online casinos was quite surprised when the staff who work so hard to run the show behind the scenes at ultimate bet made the announcement that two of their players had one Craziest Last Longer Bet promotion. They now will be able to compete in the main event of the World Series of Poker that will be held Las Vegas.

The Craziest Last Longer Bet ask players to send in all their ideas for the wackiest side wager ever conceived. The winners could score 2 seats into one of the most highly anticipated poker competitions of the entire year. These tickets brought them into the at $1000 buy-in no limit hold them main event. In addition, they scored hotel accommodations and airfare. This may seem like it online casino gambling opportunity that was too good to be true, but this is the real deal.

The winning idea had the player getting knocked out first having the responsibility to get UltimateBet.com’s logo tattooed in addition to his losing hand somewhere on his body. This may seem rather unusual, but that was the whole idea for this Internet casino gambling competition. Also, the loser would have to meet and marry a woman in Las Vegas before returning home. Things just don’t get much wackier than this Internet casino promotion. This is why time and time again Ultimate Bet packs a powerful punch in terms of keeping things fun and interesting out there gambling site.

WSOP Action At Red Kings Casino

Tuesday, June 29th, 2010

If you have been craving an opportunity to get in on the magic and glory that revolve around the World Series of Poker that is taking place in Las Vegas right now, but haven’t figured out a way to do it successfully, head to RedKings.com. This online casino has created an awesome adventure in store for their faithful following of loyal customers by offering a terrific free $5000 World Series of Poker warm-up tournament that is scheduled to take place on July 5.

Licensed through Gibraltar, this site has definitely managed to carve out an impressive and powerful niche and set itself apart from other rival online casinos. Since the World Series of Poker in Las Vegas is one of the most highly anticipated poker competitions in the entire world of the year, there are number of different casino and poker gambling sites that are looking for opportunities to capitalize on the momentum and the hype surrounding these terrific contests.

The staff from Red Kings online casino have definitely come up with a super savvy and inventive way to bring players in and get them playing their hearts out and going for the glory. They have often had many requests from their players who want to compete alongside regular team read Kings.com members. Now there is awesome opportunity to score 6 extra qualifier contests that will have a prize of a seat at the main event of the Las Vegas competition. This may sound too good to be true, but this is the real deal. For fans of online casinos and poker gambling, this is just about as good as it gets.

Big Promo At Caesars Bingo

Sunday, June 27th, 2010

The month of June is bonus time for fans of online casinos. In particular, many at Internet casino bingo sites have gone above and beyond the call of duty with the liver in some seriously a sensational and super generous promotional deals to their loyal legions of faithful customers. Over at Caesar’s Bingo, they have brought about a spectacular return of fan favorite promotion that offers some amazing opportunities to score weekly cash prizes. In addition, the main prize when everything is said and done and the dust has settled for this casino bingo promotion is a terrific and once-in-a-lifetime trip to Caesars Palace in the heart of Las Vegas. This is the sort of thing that online casino and bingo gamblers dream about happening to them and your chances are stronger if you simply had onto the Caesar’s Bingo site and through your hat into the ring.

Licensed through Gibraltar, Caesars bingo has been gaining a lot of ground in the realm of online casinos and bingo rooms. One of the main reasons why it has been able to leap ahead so far ahead of its competition is because of terrific and amazingly well organized promotional events such as this one that has been taking place during the month of June.

Owned by Harrah’s Entertainment, its tei to Las Vegas is very direct and they have capitalized on this specific relationship with their origins and are offering an exceptional range of slot, casino and, of course, bingo games for their players choose from. This promotion will be available for every player that comes onto the site and wagers a minimum of 5 pounds at any of the sites games. Once a player manages to do that, they will score 2 tickets into the special prize drawing that is scheduled to take place towards the end of the month.

Visitors To Las Vegas Rise In April

Friday, June 18th, 2010

It seems it seems that things within the heart of Las Vegas are not as bleak as many industry insiders had one speculated. Will the future for online casinos continues to claim a brightly, it has been a relatively rough year for the land based casino industry particularly in this gambling metropolis. Online casino gambling has surged ahead despite all the challenges faced through this seemingly endless economic recession.

The tourism agency that is in charge of promoting visits to Las Vegas has indicated that there was a small increase in visitors during the month of April compared to the same month for 2009. This is definitely some encouraging news. On the other hand, it is important to note that the tourism interest agency also indicated that Wal-Mart visitors came to sin city, they definitely spend less money on gambling activity.

At this point it is hard to determine just where that money is going instead. Are they using it to play from their own homes online casinos? Nearly 3.2 million visitors coming into Las Vegas during a month of April, gambling revenue for the county was down a full 6.1%. That number well off to just under $690 million. The decrease in gambling revenue was less than 1% down to $437 million. While the increase in visitors to Las Vegas shows a sign that we may be on the road to some sort of small but steady economic recovery, at this point it is too early. Everything that happens now is mere speculation. On a positive note, convention attendance was up 2.9%.

Casino Operators Prep For Changes

Tuesday, June 15th, 2010

Things are really heating up in the state of Nevada when it comes to laws governing online casinos and land based casinos. It seems that the Nevada gaming control Board is telling the people who hold state licenses to be cautious as they operate online casinos. If anyone who holds state licenses tries to dabble in online casino gambling projects, bad things could come their way. Many state license holders have been advised against getting into any sort of business that could tie them to Internet casino operations. So far there’ve been several instances of unlicensed online gambling sites forging relationships with state license holders and these actions are considered out of compliance with the Nevada gaming control act.

Although the industry of online casinos has made huge strides, weekly, within the United States things are definitely not so rosy and wonderful. While some land-based casino gambling powerhouses such as Harrah’s entertainment have crossed over into the realm of Internet casino gambling, they are ahead of the curve.

Apparently, many other land-based casino companies are thought to be in negotiations to partner up with some well-established Internet casino operations as soon as the market for Internet gambling within the United States gets opened up and legal. But that day is still not here. Many people are ready and waiting and merely anticipating the opening and liberalizing of a licensed, regulated and legal online gambling market in America but that day is not yet here. Consequences could be considerably rough for people and companies who choose to jump the gun and get ahead of the law in this regard.

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