2587 stories by Ed Silverstein
Caesars Entertainment Sells Rio for Millions Less Than 2017 Valuation
The Las Vegas Rio is expected to be sold by Caesars Entertainment Corp to a principal at New York-based Imperial Companies, a real estate investment firm, for $516.3 million. The sales price for the Rio All-Suite Hotel and Casino is much lower...
San Antonio, Texas Authorities Seize Eight-Liner Gambling Equipment During Raid
A recent search of a San Antonio Texas illicit gambling operation led police to eight-liner gambling equipment, weapons, cash, and suspected drugs, according to news reports. One suspect was arrested Friday night as a result of the search. Additional arrests and indictments...
Oklahoma Father-Daughter Duo Allegedly Operated Hidden Gaming Venue
Oklahoma investigators recently discovered an illicit gaming operation -- hidden inside a bar -- that was allegedly run by a father-daughter team, according to news reports. Authorities found slot machines and gaming tables in a secret room located in a South Oklahoma...
Florida Sees Slots, Illegal Gambling Equipment Seized In Multiple Raids
Escambia County Florida authorities seized some 100 slot machines and various online gaming equipment during court-ordered searches of three businesses on Thursday, according to news reports. As of Friday, no arrests had been made as a result of the illegal gambling. But...
Cambodia’s NagaWorld Casino Continues to Outperform Macau in VIP Gambling
NagaCorp -- led by the NagaWorld casino in Phnom Penh, Cambodia -- is projected to see 30 percent growth in VIP gaming during 2019, analysts CGS-CIMB reported in a recent note. That compares to Macau, the Chinese gambling hub, which is likely...
Washington State Crazy Moose Casino Patron Arrested for Alleged Repeated Card Cheating
Washington State Crazy Moose Casino lost over $38,000 to Frederick Nolan -- a card player who allegedly improperly switched cards at least 38 times over several weeks -- while playing high card flush. The Snohomish County Prosecutor’s Office recently charged Nolan with...
Resort Fees Growing In Las Vegas And Annoying Customers, But Experts Put Costs in Perspective
Mounting Resort fees and other extra hospitality sector charges are increasingly common in many US locations, including Las Vegas. But experts advise hotels and casinos need to be upfront about these add-on costs, so visitors are not angry or surprised. Already, venues...
Brockton Left Hanging after Massachusetts Regulators Will Not Reopen Casino Application
The recent Massachusetts Gaming Commission decision not to reopen a request for a casino in Brockton was called “disappointing,” and supporters say the city is a loser in the process that has extended over multiple years. Last Thursday, the commission, by a...
Fiesta Henderson Workers Narrowly Approve Nevada Union Affiliation
Fiesta Henderson Hotel & Casino is the latest Nevada Station Casinos-owned property where workers voted to affiliate with a union. By a tight margin, some 57 percent of the 295 Fiesta employees taking part in Friday’s tally approved the affiliation. With the...
Hengqin Island Family Attraction Launches Across from Macau Gambling Hub
A National Geographic child-focused entertainment site launched this week on Hengqin Island’s Novotown district, about five miles from Macau. US gaming experts disagree on whether the Chinese initiative will succeed, given the region's gambling focus. National Geographic Ultimate Explorer Hengqin is 14,764...
