BJ21.com Newsletter
February 10, 2006
0606
Compiled by Al
Rogers
Al@bj21.com
Casinos
told to mind nightclubs
Nevada gaming regulators have reminded the Strip's major casino
operators that responsibility for any illegal activity at their popular
late-night clubs and entertainment venues falls onto their shoulders
regardless of ownership.
Gaming
Board to consider carding all casino visitors
Even old, silver-haired gamblers should prepare to feel like they're in
their 20s again . . . at least when it comes to entering casinos in
Illinois.
Carson
Nugget agrees to fine
The Carson Nugget has agreed to pay a $20,000 fine and file monthly
reports on its slot machine winnings to settle a complaint by the
Nevada Gaming Control Board.
Divided Nevada high court rules against whistle-blowers in tax disputes
A divided Nevada Supreme Court ruled Thursday against a whistle-blower
who claimed that slot machine giant International Game Technology filed
false tax returns and owed $30 million to $50 million in back state
taxes.
Too
big, too quick -- Four-casino purchase constricts Resorts International
The four additions to Colony Capital's empire -- the Hilton in Atlantic
City, two casinos in Tunica, Miss., and a fourth in Indiana -- lost
their footing. In just a few months, those businesses, owned by an arm
of Colony called Resorts International Holdings, started performing so
poorly the company twice missed its financial targets, violating bank
covenants, according to Moody's and others familiar with its
performance. Resorts International is more than $1 billion in debt.
Poker icon's
employee subpoenaed
The Fort Worth office of the Securities and Exchange Commission isn't
bluffing when it says it wants to talk to several parties related to
the agency's investigation of poker legend Doyle Brunson's July buyout
offer for the company that produces television's popular World Poker
Tour.
Strategy
to shift staff of Stardust
Boyd Gaming Corp. has developed a plan to retain all 1,899 of its
Stardust workers even after it demolishes the resort to make way for
its $4 billion Echelon Place project.
Jeff
Simpson notes that not all Stardust workers will retain Boyd Gaming jobs
Pity the poor Stardust workers who woke up Friday and read the
Review-Journal business story that incorrectly said Boyd Gaming Corp.
has developed a plan to retain all 1,899 workers after the property is
demolished to make way for the $4 billion Echelon Place.
Ex-Pechanga
Official Pleads Guilty to Theft
A former financial officer for the Pechanga Resort & Casino pleaded
guilty Thursday to 26 felony counts stemming from the theft of nearly
$500,000.
Harrah's, MGM Mirage throw their chips on the table in competing poker
tournament tours
It's a long way from the Las Vegas Strip, but an emerging battle
between the world's biggest casino superpowers just had its first
public skirmish on the felt poker tables of Tunica, Miss.
Company folds hand, ends casino flights
Casino Express, a charter flight program that has brought thousands of
gamblers to the small Nevada casino town of Elko for years, is marking
an end of an era this week.
Lawyer pleads guilty to casino money laundering
A former fugitive charged with laundering money through an Atlantic
City casino has pleaded guilty and faces up to four years in prison.
Critic
Attacks Casinos
As a state police lieutenant, Bradley Beecher supervised some of the
most sensitive investigations into Connecticut's casinos before going
to work for the Mohegan Tribe.
Family
footsteps formed career path for Boyd exec
Tevye, the paterfamilias in "Fiddler on the Roof," and Mike Gaughan
Jr., the opening general manager for Boyd Gaming Corp.'s new
hotel-casino, South Coast, have something in common. Both follow
tradition.
Red Rock Station's big ad campaign makes neighbors brace for Strip
headaches
The woman in the ad stands naked before the glory of Red Rock, hugging
herself in a transport of pleasure. A naughty pleasure, perhaps: After
all, the Red Rock Casino, Resort and Spa is, the ad says, "The Garden
of Eden Meets Sin City." You know, a magical place of primal innocence
-- but with slot machines.
More
scrutiny of Indian casino plans
The scandal involving high-powered lobbyist Jack Abramoff and members
of Congress is likely to slow the spread of Indian casinos that have
rapidly become a $19 billion industry.
Alliance
set to switch name, ticker
Alliance Gaming hopes a trip down memory lane will give the slot
machine manufacturer a fresh start.
Shuffle Master moves to be first to offer wireless hand-held gambling
devices
Shuffle Master Gaming is looking to get a jump on the competition once
Nevada gaming authorities approve the rules and regulations governing
the use of wireless hand-held gambling devices.
Have the
Tables Turned for Online Gambling?
Although online gambling is illegal in the United States, you'd never
know it by looking at the numbers. Last year alone 7.8 million
Americans logged on to Internet gambling sites.
Reporting
gambling winnings, deducting losses
Here's a look at the federal tax forms you'll need to share your good
fortune with the Internal Revenue Service. And if you lost a few rounds
before your numbers came up, there's a way you can turn those losses to
your tax advantage.
Pedestrian Persistence: Go ahead and press the button, but it won't
matter downtown, where devices were disabled in '03
The buttons affixed to traffic signal poles are like little beacons of
hope, offering a bit of empowerment to the beleaguered Las Vegas
pedestrian confronting the city's treacherous traffic. But pressing
those buttons in downtown Las Vegas doesn't do anything.
Talk of possible new city in Tunica
A Tunica County supervisor is proposing that
the community of Robinsonville incorporate.
Riley,
AG propose anti-gaming amendment
Gov. Bob Riley and Attorney General Troy King said Tuesday they want a
constitutional amendment to abolish the Las Vegas-like electronic
gaming machines beeping at Alabama dog tracks.
Thanks for Green Chip member drumz1
for pointing out this article.
N.H.L.
Hires a Prosecutor in Betting Inquiry
The National Hockey League commissioner, Gary Bettman, granted an
indefinite leave of absence last night to Rick Tocchet, a former N.H.L.
player and a Phoenix Coyotes assistant coach accused of financing a
multimillion-dollar, New Jersey-based sports gambling ring.
Reno
reinvents itself
For those who wonder what might happen to Atlantic City after
slot-machine gambling starts in Pennsylvania later this year, Reno may
offer some clues.
Gaming board official's background not thoroughly checked
On a cold, rainy day in March almost six years ago, Ronald Taylor
rampaged through Wilkinsburg and shot five people, killing three,
before holing up in an office building as police swarmed to the scene.
Tonkawa Casino closed by federal regulators
The Tonkawa Tribe's casino in Tonkawa, Okla., was closed by federal
regulators on Tuesday, citing "substantial" violations of the Indian
Gaming Regulatory Act, potentially clouding the tribe's efforts to open
the Native Lights Casino in Newkirk, Okla.
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The Bear Growls: Gaming Control Board comedy
Las Vegas blackjack player, casino critic, and frequent BJ21.com
contributor LVBear offers his opinions on things that sometimes go
wrong in the world of casinos.
By LVBear
LVBear584@cox.net
In a new
level of silliness, the Nevada Gaming Control Board continues to waste
taxpayer money worrying about nightclubs, while casino employee crimes
against skilled patrons go unchecked and unpunished by the Board --
business as usual. Absurdity:
Control
Board Chairman Dennis Neilander said there wasn't any particular
incident of late that caused the board to send the memorandum, but it
was to serve as a reminder that gaming licensees need to be
vigilant in preventing illegal activity.
What
a
ridiculous statement by the head of the agency that refuses to do its
job and punish casinos for wrongdoing. I can't decide if Neilander is
really as stupid as he sounds, or if he has a really good act.
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