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How casino scams actually work, according to a former Las Vegas cheat

Sat, 12/21/2024 - 12:01

Tech Insider : Business, Style

Richard Marcus was a casino cheat in Las Vegas for 25 years. He says he used a mixture of chip scams and social engineering to con casinos such as Caesars Palace, the MGM Grand, and the Riviera out of millions of dollars. Though he was tailed by private investigators, he was never caught.

Law, Video, Crime, Casinos, las-vegas, Gambling, caesars

I became a regular at my local casino when I was unemployed. I networked directly with people in power and landed my next gig.

Sun, 10/20/2024 - 09:47

Adam Sheinman standing in front of a sign that read black hawk colorado near the casinos — The author started to network in casinos.
Courtesy of Adam Sheinman

Careers, Essay, psychology-freelance, life-success, Careers, Casinos, career-advice

America's young men are blowing their money like never before

Tue, 04/16/2024 - 05:22

Tech Insider : Economy, Crypto

A young man in the center of a $100 bill — The boys-who-like-to-bet bank is open, and a slew of companies are making as many withdrawals as they can.
iStock; Rebecca Zisser/BI

economy, Discourse, Markets, Tech, sports-betting, meme-stocks, crypto

Las Vegas casino stocks are flirting with a bear market. That might be a sign an economic downturn is coming.

Sun, 10/08/2023 - 06:35

Tech Insider : Economy

The Hangover — Tumbling Las Vegas casino stocks could be a sign there's an economic downturn on the way.
Photo courtesy of Legendary Pictures

Markets, economy, mi-exclusive, Markets, Stocks, Casinos, stock-market-analysis

MGM Resorts is back online after a huge cyberattack. The hack might have cost the Vegas casino operator $80 million.

Thu, 09/21/2023 - 17:12

MGM Resorts — A cyberattack took out MGM Resorts electronic systems, which remained faulty for over a week.
Ethan Miller/Getty Images

Tech Insider, mgm-resorts, las-vegas, Casinos, cyberattack, Cybersecurity, Hacks

MGM Resorts is still suffering from a massive outage after a notorious group of young hackers apparently tricked workers into handing over access to the company's network

Thu, 09/14/2023 - 17:16

Caesars Palace MGM Resorts side-by-side — A hacking group with members as young as 19 breached MGM's digital systems, weeks after apparently forcing Caesars Entertainment to pay millions of dollars in ransom.
R: Photo by George Rose/Getty Images L: Photo by Ethan Miller/Getty Images)

Tech Insider, caesars-entertainment, Casinos, Hacks, data-breach, mgm-resorts, social-engineering

An indicator of Americans' willingness to gamble could suggest continued resilience in the US economy

Wed, 08/30/2023 - 15:57

Tech Insider : Economy, Economy

Gambling — Lionel Roubeyrie

economy, Markets, economy, Markets, finance, las-vegas, Casinos

Jay-Z wants New York City to let him open a casino in Times Square

Sat, 05/13/2023 - 06:15

Jay-Z in a tuxedo — Jay-Z's Roc Nation joined SL Green and Caesars Entertainment's bid in December.
John Phillips/Getty Images

Retail, News, Weekend BI UK News, Jay Z, Caesars Entertainment, New York City, Gambling

NYC's gaming fight heats up as Saks Fifth Avenue proposes casino at flagship, and developer pitches ferris wheel

Sat, 02/25/2023 - 11:07

A rendering of the casino at Saks Fifth Avenue — If Saks Fifth Avenue plays its cards right, it might soon operate a casino, as seen in this rendering.
Hudson's Bay Company

Retail, Saks Fifth Avenue, Casinos, New York, New York City, Department Stores, Luxury department stores

Trump wants back in the casino biz — as Bally's landlord in the Bronx. Many approvals would still be needed.

Mon, 02/13/2023 - 20:54

The New York City skyline looms over the former president's Trump Golf Links at Ferry Point in the borough of the Bronx. — The New York City skyline looms over the former president's Trump Golf Links at Ferry Point in the borough of the Bronx.
John Minchillo/AP

News, Donald Trump, Casinos, New York, golf courses, New York City

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