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September

21

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Las Vegas Strip casinos see boost in profits for 2011

02.10.2012     07:04 AM     Printer Friendly
Las Vegas Strip casinos saw a boost of 5.1% in revenue for 2011. Overall, they banked $6.07 billion; up from $5.78 billion in 2010.



Tags: Las Vegas




Las Vegas' South Point Casino does reality TV show on Travel Channel

02.08.2012     01:10 PM     Printer Friendly
SportsMemo.com blog entry.
The Travel Channel will premier its new reality show, Vegas Stripped, tonight at 10 pm PT. The show will cover the inner-workings of Las Vegas' South Point Casino.


“It’s an inside look at what it takes to run a casino,” said Tom Mikovits, South Point director of marketing. “You’re going to see what happens in the butcher shop or on the loading dock, lots of stuff people don’t normally see.”

“We were comfortable being a locals’ casino, but having a brand like southpointpoker.com, that’s something we want to get out nationally,” he said. “It lets people know who we are and that we can play with the big players in Vegas, while still keeping that down home feeling.”





Tags: Las Vegas




Super Bowl XLVI Gambling Recap: Sportsbooks hit hard by early safety

02.06.2012     07:06 AM     Printer Friendly
Las Vegas' MGM sportsbook started Super Bowl XLVI down $250K after Tom Brady's safety resulted in the first points on the game.


“Add that up and we started off a quarter-million in the hole,” said Jay Rood, sports book director of MGM Resorts International. “That wasn’t any good.”





Tags: NFL Las Vegas Super Bowl XLVI




Super Bowl XLVI Gambling: Public supports the Giants, big bets made on the Patriots

02.03.2012     07:48 AM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas gears up for Super Bowl XLVI weekend. According to LVH oddsmaker Jay Kornegay, 62% of the tickets have come in on the New York Giants but the bigger bets have been on the New England Patriots. 


“This creates so much traffic. It’s the biggest and most important week for Las Vegas in my eyes,” he said. “It’s about more than just the game anymore; it’s coming here to experience the whole weekend. From the Hoover Dam to the Strip, everybody benefits.”

“About 62 percent of our tickets are on the Giants so far. But the bigger plays have been on the Patriots,” Kornegay said. “This is the one event that the public, small money outweighs the sharp, big money.”






Tags: NFL New England Patriots New York Giants Super Bowl XLVI Las Vegas




NFL Handicapping: 77-year-old Vegas man wins Station Casinos' Football Contest

02.02.2012     06:00 AM     Printer Friendly
SportsMemo.com blog entry.
Article on Las Vegas resident Ernie Carey, who at 77 years old won this year's Station Casinos' NFL Contest. Carey finished 180-65, 73% straight up to claim the title. The grand prize was apparently a $225K house.


“In the first week, I had every team but the (New England) Patriots, who lost to the (Buffalo) Bills after being ahead at halftime,” Carey said. “That’s kind of the way the year went.”

“When we get that money, it will replenish my gambling fund,” Carey said. “My wife said she wants to buy new furniture, but I want to have a little extra to gamble.”

“I bet on the Patriots to win the Super Bowl at the beginning of the playoffs and I got 5-2 (odds). So if they win, I’ll get $183. Then, I put $90 on the Giants and am getting three points,” he said. “So, if they keep in close, I’ll win both sides.





Tags: NFL Las Vegas




Super Bowl XLVI Gambling: Sportsbook says 65% of action on New York Giants

02.01.2012     12:26 PM     Printer Friendly
SportsMemo.com blog entry.
Las Vegas' MGM sportsbooks are reporting that upwards of 65% of the money wagered on Super Bowl XLVI thus far has been on the underdog New York Giants. Perhaps not in play here, but consensus underdogs of above 60% have long been a betting fade no matter what the sport.


"At this point we are still getting some dog money, they are betting the Giants, and I think that will be the trend going into the weekend," Jay Rood, vice president of the race and sports book at MGM, told Reuters in a telephone interview.

"I am fairly certain that it's happening throughout the whole state (of Nevada) as well so I'm pretty sure the state is going to need a Patriots victory."






Tags: NFL Super Bowl XLVI New York Giants Las Vegas




British sportbook makes deal with Las Vegas gambling software firm

02.01.2012     11:14 AM     Printer Friendly
SportsMemo.com blog entry.
British sportsbook Ladbrokes joined the wave of foreign corporations eager to take advantage of the proposed legalization of online gambling in the United States. Ladbrokes spent $3 million for a 65% stake in Las Vegas-based gambling software designer Stadium Technology. Ladbrokes rival, William Hill, has spend upwards of $50 million in various US gambling related ventures.



Tags: Las Vegas




Las Vegas oddsmakers offer opinions on Super Bowl XLVI

01.31.2012     06:52 AM     Printer Friendly
SportsMemo.com blog entry.
Gaming Today got the opinions of some Las Vegas oddsmakers and local media members on Super Bowl XLVI. Nine of the 11 picked New England to win. LVH's Jay Kornegay was on board with the Giants and MGM's Jay Rood hinted that the game will go under.


Jay Rood, MGM Resorts – Patriots 24-23: I see a low scoring game with Brady executing a last minute drive to seal the game and his hall of fame credentials.

Mike Colbert, Cantor Gaming – Patriots 27-20: Brady and Belichick will be too much for the Giants in a double-revenge game.

Jay Kornegay, LVH Super Book – Giants 27-24: I think the Giants defensive momentum carries over into this game and frustrates Brady.

Bert Osborne, South Point – Patriots 31-20: I’ve seen the Giants look bad a lot more times this season than I have with the Patriots.

Bob Scucci, Coast Resorts – Patriots 27-24: I think this will be a closely fought game with no team getting too far ahead, just like their last Super Bowl and week 9 this year.

Read more


Tags: NFL New England Patriots New York Giants Super Bowl XLVI Las Vegas




Cantor Gaming takes over Palms Casino Resort sportsbook

01.27.2012     07:48 AM     Printer Friendly
SportsMemo.com blog entry.
Cantor Gaming received approval to take over the sportsbook at Las Vegas' Palms Casino Resort. Cantor is slated to begin operations by early February.


"We are delighted to have received regulatory approval quickly, enabling us to operate at Palms in time for March Madness, which is an exciting period for sports betting patrons," said Lee M. Amaitis, President and Chief Executive Officer of Cantor Gaming.  He continued: "We look forward to working with Palms and unveiling a spectacular new sports book later this year which offers sports betting fans a luxury, first class betting experience."





Tags: Las Vegas




Baccarat has become Las Vegas' big moneymaker

01.27.2012     07:26 AM     Printer Friendly
SportsMemo.com blog entry.
In terms of table games, Baccarat reigns supreme in Las Vegas. During the recent Chinese New Year celebration, it was reported that a few gamblers were playing $100K-$200K a hand at the MGM Grand. Baccarat accounts for nearly 60 percent of MGM's table game revenue. In Atlantic City, where there aren't as many high rollers, blackjack remains the most popular option.


“For us to make money in gaming today without baccarat is almost impossible,” said Debra Nutton, senior vice president of casino operations at the MGM Grand hotel-casino. “We need the big whales to make money.”

“Baccarat represents a small percentage of total table win at the Atlantic City casinos,” said Daniel Heneghan, a spokesman for the New Jersey Casino Control Commission. “Casinos here have never attracted the kind of big players, or whales, that Las Vegas has.”





Tags: Las Vegas



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"Las Vegas'"

September

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Copyright © 2007 SPORTSMEMO, INC, 1-800-575-3069. Sportsmemo.com is the nation’s premier resource for sports betting and handicapping information. Get free football picks, free NFL picks, free college football picks, free baseball picks, free NBA picks, free college basketball picks, free hockey picks, free golf picks, and free soccer picks from the nation’s top handicappers. Sportsmemo's sports betting insight and analysis comes from some of the most respected sports handicappers in the sports gambling industry including Ted Sevransky (Teddy Covers), Brent Crow of Alatex Sports, Rob Veno, Erin Rynning, Otto Sports, Andrew Lange, Sammy P Sports, Ian Cameron, and Paul Stone. Listen to these handicapping experts daily on the Sportsmemo Radio Show from Noon-2 pm PST on Fox Sports 920AM in Las Vegas and the web at Sportsmemo.com.  Missed the Sportsmemo Radio Show?  Past shows are available on Sportsmemo.com's radio archive page. Looking for daily sports betting tips and sports betting advice on the MLB, NBA, NCAA, NFL, NHL, AFL, and PGA? Check out the interactive sports betting posting forum, matchup statistics, power ratings, expert handicapping blogs, and original sports betting articles from the Sportsmemo team that specializes in sports information from a pointspread perspective at Sportsmemo.com.   Sep 21, 2014 03:03 AM.