Tag: 2014
Las Vegas Visitors Breaks Record at 3.7 Million
Las Vegas visitors rose in March more than in any other month in its history, thanks to college basketball tournaments, car races and conventions. The Las Vegas Convention and Visitors Authority reported that 3.7 million people came to town last month, up 4.3 percent from March 2013. Tourism officials say convention attendance was up 21 percent, mainly because the CONEXPO-CON/AGG construction convention. The event happens every three years and drew nearly 130,000 people. Room rates shot up for the month of March. The average daily rate hit $134, up 21 percent from the same time a year ago. Gambling revenues…
More Full Tilt Poker Payments Coming by End of May
Gambling 911 – Another 1000 US-based customers are set to receive payments from Full Tilt Poker by the end of May. A claims administrator appointed by the US Government approved refunding of $82 million to some 30,000 players back in January and another $5 million was sent out to some 2200 claimants this month, however, that was only a small portion of monies that have been owed since Full Tilt Poker was forced to flee the US market in April 2011 following an indictment. The US Department of Justice placed the Garden City Group in charge of paying out those…
NBA Playoffs betting odds
Fansided – The 2014 NBA Playoffs begin on Saturday, which means it’s time to crunch the numbers and take a look at the betting odds. The folks in Las Vegas have slapped down their odds for the most likely team to bring home the Larry O’Brien Championship trophy, and it is none other than the two-time defending champion Miami Heat who are listed as the favorites. The San Antonio Spurs and Oklahoma City Thunder are next in line, with the Indiana Pacers serving as the only other team to have odds under +1000. How does Vegas view your favorite team’s…
Massachusetts Will Not Legalize iGaming in 2014
US Poker – Those looking forward to legalized iGaming in Massachusetts will have to wait until next year. Bluff Magazine reported earlier today that plans for online gambling expansion have been put on hold for now but the matter is drawing serious attention. James McHugh, one of the Commissioners from the Massachusetts Gaming Commission spoke recently at the USA Online Gambling Forum in Atlantic City. It was there that he revealed the state of current online gambling legislation. IGaming Player shared his revelation via Twitter. This recent admission is a stark contrast of his opinions just one moth ago during…
Caesars Loses $1.7 Billion in Q4 of 2014
Card Player – Caesars Entertainment Corp. said this week that it lost $1.756 billion in the fourth quarter of last year, the Las Vegas Review-Journal reported. Atlantic City was largely to blame, according to the report. The massive loss was posted after the company saw more than $2 billion in revenue during the period, which ended on Dec. 31. The fourth quarter of 2012 had the company lose $435.8 million. Caesars has debt of $20.9 billion, tops in the gaming industry. It has been making moves for quite some time to reduce that figure. Progress has been made. The World…
California: Still a Chance for Online Poker in 2014
Poker News – California Assemblyman Isadore Hall told Tribal leaders and gaming interests at Thursday’s iGaming Legislative Symposium in Sacramento that he believes there is still a chance for Internet poker legislation to pass in the Golden State during 2014. He also indicated that the Assembly would be holding an informational hearing on the issue in the next few weeks. Hall, who was the keynote speaker to open the event, serves as chair of the Assembly Governmental Organization Committee, which includes gambling-related concerns. Two poker-only bills were introduced in the California legislature last week at the deadline to submit new…