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October

20

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Cantor Gaming now taking credit and debit cards

03.21.2012     07:45 AM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas' Cantor Gaming announced that bettors will be allowed to use most major credit and debit cards to place wagers.



Tags: Las Vegas




March Madness just as big as Super Bowl for Las Vegas bettors

03.21.2012     07:40 AM     Printer Friendly
SportsMemo.com blog entry.
Article from Sports Illustrated on how Las Vegas' oddsmakers view March Madness.


“Four days together,” says Todd Fuhrman, senior race and sports book analyst at Caesar’s Palace, “it’s as big as the Super Bowl for Las Vegas.”

“Yeah, I would say as big as the Super Bowl,” says Jay Kornegay, vice president, race & sports operations at the Las Vegas Hotel & Casino — LVH, as it is now known.

“It’s hard to compare, but it’s probably as big as the Super Bowl,” says Ed Malinowski, director of race & sports book at Stratosphere Casino.

“Bigger than the Super Bowl,” says Johnny Avello, executive director, race & sports operations at the Wynn.





Tags: College Basketball Las Vegas




The guys who help shape the Las Vegas sports betting scene

03.17.2012     06:56 AM     Printer Friendly
Article from the Las Vegas Sun on some of Sin City's legendary sportbook figures.



Tags: Las Vegas




Cantor Gaming creates new fantasy-like betting option for the NBA

03.14.2012     07:37 AM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas' Cantor Gaming is set to unveil a new wagering option for bettors, The Cantor Five.


Cantor will choose a team of five NBA players every day and allow bettors to do the same.

Based on a scoring system similar to fantasy basketball, Cantor’s computer will then formulate a line on the matchup. Bettors can wager on either Cantor’s team or their own against the spread.

“I think it’s a revolutionary product that’s going to blow people away,” Cantor Race and Sports Book Director Mike Colbert said. “It’s fantasy with real money.”

“We shot for March Madness because we knew that’s when everybody was going to be in town,” Colbert said. “There’s no better time to debut this stuff than right now.”





Tags: NBA Las Vegas




Your options for watching and betting the NCAA Tournament in Las Vegas

03.13.2012     09:24 AM     Printer Friendly
SportsMemo.com blog entry.
The Las Vegas Sun provided details on your options for viewing this year's NCAA Tournament. Of note, the $2 shots of Jameson at Stations Casino – a must after UNLV blows a 15-point lead against Colorado.



Tags: College Basketball Las Vegas




Oddsmakers say that Kentucky to win it all is a bad bet

03.12.2012     06:37 AM     Printer Friendly
SportsMemo.com blog entry.
Local Las Vegas oddsmakers weigh in on this year's NCAA Tournament. A few noted that there is little to no value in supporting tournament favorite Kentucky. The Wynn has the Wildcats at 9-to-5. Offshore, The Greek has +185 and Pinnacle +240.


“It’s an awful price,” said Johnny Avello, director of Wynn’s race and sports book. “I want to raise it, but we’ve taken money on this team the entire year. They bet them at the beginning, they bet them in the middle and they bet them at the end.”

“They are definitely deserving as the top team,” said Jay Rood, sports book director for MGM Resorts. “(Kentucky coach) Calipari has mastered the system of getting top young talent and getting them to buy in by playing impactful and meaningful games right off of the bat. This is one of his best teams yet.”





Tags: College Basketball Kentucky Wildcats Las Vegas




March Madness means big profits for Las vegas casinos

03.07.2012     11:57 AM     Printer Friendly
Some facts and figures associated with sports betting, March Madness and Las Vegas.

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Tags: Las Vegas




Generous marine takes home $2.8 million from Las Vegas slot machine

02.27.2012     07:40 AM     Printer Friendly
SportsMemo.com blog entry.
A marine who was stationed at Las Vegas' Nellis Air Force Base decided to kill a few hours at the Bellagio on Sunday and walked away with $2.8 million on a penny slot. Three days earlier, he was accepted as a bone marrow donor. Reports indicate that bone marrow donations having skyrocketed 350% nationwide following news of the win. He will receive roughly $100K a year for the next 20 years.


“They asked me if I was sure I wanted to go through with it, because it’s kind of painful, but what’s a little pain if it will save someone’s life?” the U.S. Marine said Friday. “I look at this as kind of good karma for that.”

“Dude, what just happened?” Degenhardt remembers asking his friend.

“You just won,” the buddy told him.

“Cool,” Degenhardt said.






Tags: Las Vegas




Mike Tyson hosts stand-up show at MGM Grand Theater

02.27.2012     07:23 AM     Printer Friendly
SportsMemo.com blog entry.
The Las Vegas Strip is about to get a new act in the form of Mike Tyson. Iron Mike is starring in his own one-man show, Mike Tyson: Undisputed Truth - Live on Stage, starting in April at the MGM Grand's Hollywood Theater.


“The cops pulled me over one day. I was on coke; I was all drunk and high on cocaine, and I told the cops I was lost and couldn’t find my way around, and the cops drove me to the party,” he says. “Are you crazy? It was just before I went clean and sober. The cop who pulled me over, he says, ‘You were great in “Hangover,” ' and he drove me to the dope house, to a party.”

This isn’t to say all of those subjects will be broached every night. The show’s format is still in its infancy (Tyson doesn’t even start rehearsing until March 5). He might sing, as a pianist and a vocalist might well be in the final version of the show. He might take questions from the audience, too, opening up delicious possibilities of the boxing icon facing Read more



Tags: Las Vegas




Grantland goes behind the scenes at LVH sportsbook

02.23.2012     06:49 AM     Printer Friendly
The Grantland Blog did a behind-the-scenes look at Las Vegas' LVH Sportsbook. Here are some of the highlights:


1. Nobody's bet on the Charlotte Bobcats. Nobody

2. A lot of people are betting on the Los Angeles Angels.

3. The book made a small profit on the Super Bowl, even though the combination of a Giants win with the under was its worst possible outcome.

4. Every sportsbook director in Vegas hated that safety.

5. The LVH can't win a coin-toss bet.





Tags: Las Vegas



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