Archive for September, 2016

MIT Students Develops Wire Technology Which Could Change How Poker Is Played

MIT Students Develops Wire Technology Which Could Change How Poker Is Played

Written by Steve Larson | Wednesday, September 28th, 2016

A group of students at the Massachusetts Institute of Technology are developing a EQ-Radio which uses wireless technology to understand human emotions. If successful, the MIT project could have an impact on the healthcare system and the entertainment industry. Technologists speculate the EQ-Radio could impact other facets of human life, including the gambling industry. Professor […]

Early Results in the NFL’s Regular Season Cause Major Shift in Las Vegas’s Super Bowl Betting Odds

Early Results in the NFL’s Regular Season Cause Major Shift in Las Vegas’s Super Bowl Betting Odds

Written by Steve Larson | Tuesday, September 27th, 2016

The Las Vegas sportsbooks were talking Monday about the shifting odds provided by only three weeks of NFL football. No other sports changes as quickly as the National Football League, due to age, injuries, coaching changes, and free agency. For that reason, the early season in the NFL sees the biggest shift in betting odds […]

Rep. John Payne Wants to Create Another Class II Gaming License for Pennsylvania

Rep. John Payne Wants to Create Another Class II Gaming License for Pennsylvania

Written by Steve Larson | Monday, September 26th, 2016

State Representative John Payne has another plan to facilitate gambling in Pennsylvania, this time with a Class II gaming license. Late late month, the Pennsylvania State Legislature ended its 2016 session without passing Payne’s online gambling bill. The legislative defeat came despite a line-item in the Pennsylvania state budget for 2016-17 which called for financing […]

Caesars Entertainment Offers an Additional $1.6 Billion to Creditors in the CEOC Lawsuit

Caesars Entertainment Offers an Additional $1.6 Billion to Creditors in the CEOC Lawsuit

Written by Steve Larson | Wednesday, September 21st, 2016

Caesars Entertainment has offered an additional $1.6 billion to its junior creditors in order to get the CEOC bankruptcy lawsuit out of the way. The new figure pushes the compensation for the litigants from nearly $4 billion to over $5.5 billion. The offer has one major stipulation: the creditors have until Friday to accept, or […]

The Sands Casino in Bethlehem Is Planning an Expansion with a Dedicated Poker Room

The Sands Casino in Bethlehem Is Planning an Expansion with a Dedicated Poker Room

Written by Steve Larson | Tuesday, September 20th, 2016

The Sands Casino in Bethlehem, Pennsylvania is planning a $40 million expansion. The Sands Bethlehem is one of the nation’s most lucrative table game operators. The casino is the most profitable in Pennsylvania, which now raises more money from gambling than any other state, besides Nevada. The planned expansion would give Sands Bethlehem the largest […]

Southern Nevada Tourism Infrastructure Committee Approves $750 Million Plan for NFL Stadium

Southern Nevada Tourism Infrastructure Committee Approves $750 Million Plan for NFL Stadium

Written by Steve Larson | Monday, September 19th, 2016

The Southern Nevada Tourism Infrastructure Committee approved a $750 million public funding plan put forward by the Oakland Raiders and its financial backers on Thursday. The proposal calls for a $1.9 billion NFL-ready stadium in an undetermined location in the Las Vegas area. The Tourism Infrastructure Committee’s proposal is the first step in a plan […]

Two UK YouTubers Arrested for Advertising Unlawful Gambling on Video Games

Two UK YouTubers Arrested for Advertising Unlawful Gambling on Video Games

Written by Steve Larson | Friday, September 16th, 2016

Two British YouTubers are the first to be cited for advertising unlawful gambling on video games by regulators in the United Kingdom this week. The case had been brought by the UK Gambling Commission, who allege vloggers Dylan Rigby and Craig Douglas are promoting unlawful gambling through their YouTube accounts. Rigby and Douglas are accused […]

Bellagio Installs IGT Electronic Gaming Tables on Its Gaming Floor

Bellagio Installs IGT Electronic Gaming Tables on Its Gaming Floor

Written by Steve Larson | Wednesday, September 14th, 2016

The Bellagio Resort & Casino has installed new electronic baccarat and electronic roulette games near their live dealer tables. The “electronic gaming tables” or ETGs were purchased from International Game Technology’s Dynasty line of gaming cabinets. The Bellagio, one of the prestigious Las Vegas Strip casinos owned by MGM Resorts, said in a statement the […]

Former CEO Exec Paul Fireman Is Planning a $4.6 Billion Casino for Jersey City

Former CEO Exec Paul Fireman Is Planning a $4.6 Billion Casino for Jersey City

Written by Steve Larson | Tuesday, September 13th, 2016

Paul Fireman, the former CEO of Reebok International, wants to build a $4.6 billion casino in Jersey City. To make his ambitions possible, Fireman has begun a public relations campaign to get the voters of New Jersey to approve a November referendum for an expansion of casino gambling to North Jersey. Last week, Fireman bankrolled […]

Global Gaming Expo 2016 Schedule Focuses on Technology, Sports Betting, and Tribal Gaming

Global Gaming Expo 2016 Schedule Focuses on Technology, Sports Betting, and Tribal Gaming

Written by Steve Larson | Monday, September 12th, 2016

The full schedule has been announced for the upcoming Global Gaming Expo, which takes place from September 27 to September 29 at the Sands Expo in Las Vegas. The key note speakers each day include David Jr. Stern, former NBA Commissioner; Scott Klososky, tech expert and author; and Frances Townsend, an Executive VP for Government, […]