August 14, 2009

Gambling Revenue Down Across U.S. - Las Vegas Down 15 Percent in June

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Yep - it's not looking like a very HOT summer in Las Vegas or other casinos across the US. Things should rebound once we have jobs, money, a home to stay in - etc. :-)

Gambling revenue is no longer a sure thing for many states.

In yet another sign of the recession's toll on the U.S. economy, eight of the 12 states that allow commercial gambling, including Nevada, experienced declines in revenue, the Wall Street Journal reports.

In 2008, states' take from casinos was down 2.2 percent to $5.7 billion, according to the American Gaming Association, and casinos as a whole earned roughly $33 billion, down 5 percent from the previous year's total.

At Gambling Revenue Down Across U.S. - Gambling Casinos Profits Down - WKRG.com

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July 24, 2009

Sprint Offering 4G Network to Las Vegas Residents

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How cool is that? If you live in Vegas you'll be able to tap into the new Spring 4G Network at speeds of 3 to 6 mbps. WOOT! I can imagine doing some video calls and other cool phone things while taking a break from a winning streak in Black Jack.

Sprint customers in Vegas might be claiming "Jackpot!" right now, as they will be among the first in the U.S. to experience Sprint's 4G network starting this August. Sprint claims the 4G speeds are three to five times faster than 3G, with a peak downlink speed of more than 10Mbps and an average of 3 to 6Mbps. Sprint's 4G services are running on Clearwire's WiMax network, which is no surprise considering Sprint's 51 percent stake in the WiMax company.

Via CNET

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July 17, 2009

Vegas Restaurants in Trouble - Recession Woes

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The New York Times has posted an amazing article detailing the woes of Vegas restaurants in the recession. The big woes really belong to all the displaced and out of work waiters and staff.

IN the late, lamented boom, waiters at luxury restaurants here could make $150,000 a year and more thanks to the electrifying arrival of high rollers renowned as “the whales.”

Robert Martinez, a 33-year-old waiter at Rao’s in Caesars Palace, said these heavyweights “had wads of $100 bills and gave them to everyone on the staff, and tipped generously on $12,000 to $15,000 checks.”

But now, said Kevin Carter, a 49-year-old waiter at Craftsteak in the MGM Grand Hotel and Casino, “the whales have migrated.”

At For Chefs in Las Vegas, the Odds Grow Longer - NYTimes.com

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May 29, 2009

Luck running low in Las Vegas - Will it Turn Around?

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There's a really interesting article over at CNN. Seems like luck and money is running out in Las Vegas, and this means more than just cheap rooms.

A search online turns up rooms at Fitzgeralds Casino and Hotel for as low as $26 -- a sure sign the recession is taking a toll on Las Vegas and rates are being slashed to attract visitors.

Judy Bagley, a casino cashier who traded chips for cash and vice versa, found out about recession's toll another way.

"My supervisor came and said I had to close the booth and she was going to count me out and I was to go and meet with the manager and director," Bagley told CNN. "When I went up there they said my services were no longer needed and my job was being eliminated."

So three months ago, after more than 28 years at Fitzgeralds, she was out of work.

"It felt like I was more or less stabbed in the back after all the years I had been there," Bagley said. "I'd been very loyal to the company and never called in sick and I have very little discipline [issues] and it felt like betrayal."

At King: Luck running low in Las Vegas - CNN.com

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May 15, 2009

New Bill May Make Online Gambling Legal in the US

Let's hope this passes - come on Mr. Frank!

In a move that shows the US Congress aren’t all misguided and shooting in the dark, a new bill that would overturn the 3-yr old ban on Internet gambling was introduced last Wed.

The new bill, titled “Internet Gambling Regulation Consumer Protection & Enforcement Act” would allow the US Treasury to regulate the industry instead of the current practice.

As representative Frank puts it “The government should not interfere with people’s liberties.” Well said.

For those that disagree, consider this - if we’re going to ban online gambling, shouldn’t we ban other forms of gambling as well?

Via Gizmos for Geeks

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April 3, 2009

Carlos Santana Goes to Vegas

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Yep - Carlos Santana is getting his own Vegas show. Finally something a bit less revolting than Celine Dion.

Perpetually mustachioed guitar god Carlos Santana has signed a multi-year deal to launch a Las Vegas residency on May 27 -- and that the show, entitled Supernatural Santana: A Trip Through the Hits, will make him the "first rock and roll resident" to come to the Strip (suck it, Celine Dion!).

At Carlos Santana: Oye Como Vegas!

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March 6, 2009

Unemployed Place Their Bets On Casino Jobs - But Are they Even Safe Bet?

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Looks like Colorado has some casino jobs, but are they even a safe bet in these tough economic times. Let's hope so. The big thing with any downturn is being flexible in the work you can find and going for it. Let's hope some of these unemployed get these jobs, and find them interesting.

Sometimes the best way to roll with the punches is to roll the dice.

That's Jerry Goldsmith's attitude. The Colorado man lost his engineering job of 29 years -- and the six-figure salary that went with it -- and is now applying for a casino job dealing craps, blackjack, roulette and poker.

Full Read at Unemployed place their bets on casino jobs - CNN.com

Jay Brewer at Permalink | Comments (1) | social bookmarking

February 27, 2009

NASCAR Cafe in Vegas Selling Giant Burrito

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How about a 2 foot - 6lb burrito? Wowser.

Even in a recession, bigger is still apparently better. Either that or someone at the Sahara Hotel and Casino in Las Vegas just really likes burritos. The hotel's NASCAR Cafe has begun selling a two-foot, six-pound burrito called "The Bomb." The reward for finishing the monstrous meal? "Free unlimited rides on a roller coaster that runs in both forward and reverse." Oh and a t-shirt saying, they "Conquered the Bomb."

Say what? How about letting the winner recuperate from a near-death food coma in a penthouse suite? Roller-coaster rides. Jeez.

Read at NASCAR Cafe in Vegas Selling 2-foot, 6-pound Burrito

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January 29, 2009

Revenue Tumbles at Arizona Casinos

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Are you going to eat tonight, or got the Casino? Answer. Eat. Revenue plunged at Arizona's 22 Indian casinos during the fourth quarter, as the worsening recession kept gamblers away from the tribes' gaming tables and slot machines. Based on fees paid to the state, the casinos' combined revenue was down 16 percent, marking the biggest quarterly drop since Arizona Indian gaming was legalized in 1993.

Read more at Revenue tumbles at Arizona casinos

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January 15, 2009

Ex-Fry's Executive Loses 120 Million Dollars in Vegas

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Not only did he lose $120 million dollars, he also had a very specific list of demands at the hotels he stayed at when losing all that dough.

Fiji water, grouped in bottles of three. Golden raisins and warmed mixed nuts. Aramis cologne and badger hair shaving brush. Lint-free towels. Dom Perignon Rose champagne and Kurosawa Sake in the fridge. And never, under any circumstances, approach him from behind...

Siddiqui also was quite particular about his body. Hotel employees had a long shopping list at Saks Fifth Avenue, Nordstrom, Macy's, and, yes, Target and Wal-Mart, if need be, to purchase a Philips Norelco Bodygroom shaver with a fog-free shaving mirror, a Sonicare Elite 7500 Series toothbrush, Clinique facial scrub for men, knuckle Band-Aids, original ChapStick, Crest mint gel toothpaste with tartar protection and Trojan Magnum condoms..."Porn" had to be available in the bedroom...

Via Gizmodo and full read at Mercury News

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