Featured Articles Archive - Page 120

Affinity Gaming reverses third-quarter loss

Las Vegas-based Affinity Gaming reversed a net loss in the third quarter, due in part to increased cash flow at the company's Nevada properties.Affinity, which owns 11 casinos in four states, said Tuesday it had profits of $1.99 million in the quarter that ended Sept...read more

New York Attorney General tells daily fantasy sites to stop taking bets in state

New York's attorney general said Tuesday daily fantasy sports was illegal gambling and ordered the popular websites DraftKings and FanDuel to immediately stop accepting wagers in the state.The decision by Attorney General Eric Schneiderman dealt a significant blow the multi-billion dollar industry that has come under fire despite being defined as a game of skill by its operators...read more

Inside Gaming: North Strip needs a face lift

Recent events surrounding the Strip's troubled northern end are short-term fixes to a problem that can only be resolved with a pair of implosions and a construction effort not witnessed in more than a half-decade.The Strip's line of demarcation seems to be Encore Resort at Wynn Las Vegas...read more

WSOP November Nine Notebook: Blumenfield and Co. relish fan favorite role

LAS VEGAS -- Pascale Elsair stood and watched adoringly as her newfound-celebrity boyfriend Neil Blumenfield signed autographs and posed for pictures with poker fans from all over the world.Blumenfield had just been eliminated in third place of the World Series of Poker Main Event at the Rio All-Suite Hotel & Casino, behind runner-up Josh Beckley and eventual champ Joe McKeehen, but not before becoming a bit of a folk hero over the last few days...read more

McKeehen's proud parents paint different picture of their poker champion son

LAS VEGAS -- Minutes after taking down the 2015 World Series of Poker Main Event on Tuesday night, Joe McKeehen was asked by ESPN’s Kara Scott on live television if he was ready to take on the role as “Poker Ambassador.”His response was a tepid “We’ll see.”It wasn’t exactly the kind of enthusiastic answer the poker world — or WSOP suits — would have liked to have heard, and judging from the standoffish manner in which McKeehen acted from time to time during the last few days at the Rio All-Suite Hotel & Casino, it was also not surprising...read more

Neuville still lamenting WSOP Main Event final table exit

LAS VEGAS -- When Pierre Neuville was bounced from the World Series of Poker Main Event in seventh place on Sunday night, the way he handled his bustout interview was admirable. He spoke about how much he loves the game. He politely thanked the WSOP, the fans, the dealers and even the media (that’s gotta be a first).“I will remember these last two months as one of the best dreams of my life and I will forget the last hours and last two cards,” he said with resolve.But when we caught up with the 72-year-old Belgian at breakfast Tuesday morning at the Rio All-Suite Hotel & Casino, he conceded that putting his disheartening finish at the final table behind him has been more difficult than he expected.Pierre Neuville, shown here reacting to his WSOP Main Event exit, admitted he did not play his best poker at the final table this week...read more

DraftKings, FanDuel vow to stay in NY despite AG's cease and desist order

Hours after New York State Attorney General Eric Schneiderman ordered DraftKings and FanDuel to stop allowing Empire State residents to make daily fantasy sports (DFS) wagers on their sites, the two top DFS operators made it clear they would not abide by the cease and desist order."We are very disappointed that New York Attorney General Eric Schneiderman took such hasty action today, particularly since he did not take any time to understand our business or why daily fantasy sports are clearly a game of skill," said DraftKings in a statement...read more

Scientific Games not worried about quarterly loss

Scientific Games Corp. CEO Gavin Isaacs said Monday the Las Vegas-based company is in a stronger place within the gaming equipment sector than it was a year ago despite a third-quarter loss.The slot machine and lottery giant said its net loss for the quarter that ended Sept...read more

Caesars execs remain upbeat despite net loss

Caesars Entertainment Corp. took a net loss in the third quarter due to accumulation of nearly $1 billion in commitments from bond holders concerning its bankrupt operating division, but said overall revenue increased over the three month period.Caesars CEO Mark Frissora was upbeat Monday during a conference call with the investment community, saying marketing changes and a better operation efficiency have improved the bottom line for the casino giant, which operates nine resorts on or near the Strip and some 50 properties nationwide.The company's quarterly results are somewhat convoluted due to the bankruptcy restructuring of Caesars Entertainment Operating Co., Caesars largest division, which includes Caesars Palace, Caesars Atlantic City, Harrah's Reno and nearly two dozen regional properties.Caesars said its net revenue for the quarter that ended Sept...read more

Cannuli suffers tough-luck early departure at WSOP Main Event final table

LAS VEGAS -- Front row seats were suddenly empty. The beer line vanished. The energy inside the Penn & Teller Theater evaporated. And all it took was 11 minutes.Two hands into Day 2 of the 2015 November Nine, Tom Cannuli — the popular 23-year-old pro from New Jersey, who brought the most raucous rail to the Rio All-Suite Hotel & Casino — was unceremoniously ousted from the World Series of Poker Main Event final table when his aces were cracked by Max Steinberg's pocket 10s.As Cannuli walked off the set and exited the building, so did his large throng of vocal followers...read more