Featured Articles Archive - Page 161

Sandoval signs bills seen boosting sports-betting handle in Nevada

Two bills backed by the Nevada sports betting industry that could lead to an increase in the $3.9 billion already wagered annually in the state’s sports books were signed into law by Gov. Brian Sandoval.Senate Bill 443 authorizes the formation of business entities to place race and sports pool wagers...read more

Garcia wins WSOP Colossus title, $638,880

LAS VEGAS — Cord Garcia defeated Brad McFarland heads-up to win the World Series of Poker's $565 Colossus event -- the largest tournament in poker history. Garcia won $638,880 and his first World Series of Poker bracelet for finishing first.Garcia is a professional poker player who started playing in underground games in Houston when he was 15 years old.Garcia stares down McFarland during the final hand...read more

Last amateur standing ends Colossal WSOP run in ninth

LAS VEGAS — Anthony Blanda is the epitome of the recreational poker player. A 52-year-old father of two teenagers, Blanda grew up in Brooklyn and has lived in Las Vegas for more than 20 years. He works at Home Depot as a kitchen designer.Blanda plays in a home poker game with friends, might play in a small buy-in tournament every couple of months, and jumps into a lower-priced World Series of Poker event once a year.He's had some success in tournaments with huge fields, finishing 381st in the 2009 "Stimulus Special," a $1,000 tournament that drew 6,021 players, the largest non-Main Event field in poker history at the time...read more

Caesars shares punished after judge's ruling favors creditors

Investors hammered the stock price of Caesars Entertainment Corp. over the past two days after a federal judge handed a small victory to creditors seeking to collect $750 million from the casino company’s bankrupt operating division.Shares of Caesars, traded on the Nasdaq, fell 3.31 percent, or 26 cents, to close at $7.60, the company’s lowest closing price since February 2013...read more

Inside Gaming: Macau in a free-fall and taking Wynn Resorts with it

“If you were to ask me, since we’re making forward-looking statements, what will the second quarter look like in Las Vegas? Weak. Do you hear me? Weak. So I’m trying to lower expectations here. This notion of a big recovery is a complete dream...read more

WSOP Colossus down to final table

Aditya Prestyo has a huge chip lead heading into Day 4 of the Colossus. LAS VEGAS — The field of the World Series of Poker's Colossus tournament has been whittled down from 22,374 entries to a final table of nine players. Those nine players will return to the Rio All-Suite Hotel & Casino on Wednesday at noon to play down to a winner...read more

Byrnes graduates from WSOP Circuit to Colossus

LAS VEGAS — Bill Byrnes isn't a professional poker player, but if you took a quick glance at his career poker tournament results, you might assume that he is.A 43-year-old attorney from Wentzville, Missouri, Byrnes owns two World Series of Poker Circuit rings and had $143,610 in career tournament earnings when he came to Las Vegas to play in the WSOP's $565 Colossus event, which drew a record 22,374 entries...read more

SLS Las Vegas valets work to end Teamsters protests

Valet employees at the SLS Las Vegas Hotel & Casino said a majority of the parking staff don’t want to be represented by the Teamsters Union and are seeking advice on how to end demonstrations at the north Strip resort.Workers drafted a petition asking Teamsters Local 986 to end the organizing effort...read more

Macau experiences 12th straight month of gaming revenue decline

Macau’s casino industry has now experienced 12 straight monthly gaming revenue declines — and more are on the way.Casinos in the Chinese gambling enclave collected $2.5 billion from gamblers in May, a drop of 37 percent compared to the same month a year ago, the Macao Gaming Inspection and Coordination Bureau said Monday.The dip was the eighth straight double-digit decrease and the fourth straight month the market had declines of 30 percent or higher...read more

WSOP: Third day narrows Colossus field to 39

LAS VEGAS — After 10 hours of play in the World Series of Poker's $565 Colossus event on Monday, 506 players were whittled down to just 39 on Day 3 of the largest live tournament in poker history.The tournament was originally scheduled to play down to a winner on Tuesday, but with a record-setting 22,374 entries at the start of the tournament, the winner likely won't be decided until Wednesday...read more