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Featured Articles Archive - Page 219
Articles by Howard Stutz
![]() Affinity Gaming reports second data breach7 May 2014 LAS VEGAS -- Casino operator Affinity Gaming reported a second breach into its system that processes customer credit and debit cards, but the Las Vegas-based company said it currently has “no evidence to indicate that information was stolen.”Affinity, which operates 11 casinos in four states including the off-Strip Silver Sevens and the three Primm resorts, reported the breach on its website April 28.In December, Affinity said the same system had been hacked between March 14 through Oct...read moreArticles by Howard Stutz
![]() Gaming board bans casino licensees from medical marijuana trade7 May 2014 LAS VEGAS -- The Nevada State Gaming Control Board told its license holders Tuesday they cannot participate in the state’s potential medical marijuana business.In an industry notice posted to the Control Board’s website, the agency, which is charged with licensing and regulating the state’s casinos and gambling equipment providers, said the federal government views distribution, possession and sale of marijuana as a crime.“Accordingly, unless the federal law is changed, the board does not believe investment or other involvement in a medical marijuana facility or establishment by a person who has received a gaming approval or applied for a gaming approval is consistent with the effective regulation of gaming,” Gaming Control Board member Terry Johnson wrote in the notice.“Further, the board believes that any such investment or involvement by gaming licensees or applicants would tend to reflect discredit upon gaming in the state of Nevada,” Johnson said.In an interview last month, Control Board Chairman A.G...read moreArticles by Howard Stutz
![]() What is the Russian for 'Sin City'?6 May 2014 Somehow, “What happens in Crimea, stays in Crimea,” doesn’t seem like an appropriate catchphrase.In April, a month after Russia forcibly annexed the Black Sea peninsula away from Ukraine, President Valdimir Putin said he wants to turn the territory into his own version of Las Vegas.He wasn’t talking about replacing “Thunder From Down Under” with the “Shirtless Putin Dancers.”Putin crusaded against gambling in 2006, leading to the closure of most Russian casinos and slot machine parlors...read moreBig summer ahead for Bally's new WSOP-themed poker room5 May 2014 ATLANTIC CITY, N.J. -- Early on a Thursday afternoon in late April, the new World Series of Poker room at Bally's Atlantic City's Wild Wild West casino felt a bit empty. The 42-table room, which also features a large section for tournaments and an additional, closed-off "high limit" area, had six live cash games running...read moreTop-10 ways online poker rooms can improve their "ecology"5 May 2014 Over the weekend, I learned that Party Poker has decided to begin offering "Casual Cash Games," which are only open to players who are playing one ring game at a time. I have to say it's a great idea. In fact, I thought it was a great idea over a year ago when I devoted an entire column to promoting it.Obviously this is an attempt to promote a better "poker ecology." In case you haven't heard the term, the poker ecology is a term that refers to the mixture of online poker pros, mid-stakes grinders, casual/recreational players and beginners that make up the universe of players at a given online poker room...read moreArticles by Howard Stutz
![]() Macau April gaming revenue enough to ease worries of a market slowdown5 May 2014 The Macau casino industry didn’t produce a third straight $4 billion gaming revenue month in April, but the final total and double-digit increase were enough to ease worries of a market slowdown.Macau’s Gaming Inspection and Coordination Bureau said Friday casinos collected $3.9 billion in gaming revenue during April, a 10.6 percent increase over April 2013.The figure might seem, paltry to investors after two straight $4 billion revenue months, including February’s all-time single month record of $4.8 billion...read moreArticles by Howard Stutz
![]() Sands ends speculation on Pennsylvania casino sale, plans investment, taps executive5 May 2014 LAS VEGAS -- Las Vegas Sands Corp. ended speculation Friday that it was looking to sell its Pennsylvania casino, saying the company plans further financial investment into the property, while naming a former Atlantic City casino executive to head the resort.In a statement, Las Vegas Sands named Mark Juliano as president of Sands Casino Resort Bethlehem, replacing the property’s original president who left the casino last month for a job with Wynn Resorts, Limited.Juliano, who had been the senior vice president of the Marina Bay Sands in Singapore, previously served as CEO of Trump Entertainment Resorts in Atlantic City and president of Caesars Atlantic City...read moreDeal Me In: Prosperous gaffes do happen2 May 2014 Dear Mark: I enjoy your column very much, mostly because you spent a lot of time on the inside. Here is my question. I was wondering if you have ever given away money to a player that did not deserve it. A dealer on a blackjack game once claimed it never happens, and yet, he overpaid me twice in two hours...read morePoker Player Tweets of the Week: Tell me what you really think about Donald Sterling2 May 2014 Now that I've felt the grind of covering my first poker tournament, I feel I have a greater appreciation for the daily struggles of the common professional poker player.It must be hard waking up every day at noon, throwing on a hoodie and taking the elevator downstairs to sit in a chair and play a game all day...read moreArticles by Howard Stutz
![]() Pinnacle Entertainment rebuffs investor proposal for REIT spinoff2 May 2014 LAS VEGAS -- Regional gaming operator Pinnacle Entertainment, Inc. on Wednesday dismissed an investor proposal to spin-off the company’s 14 casinos into a real estate investment trust.During a conference call to discuss the Las Vegas-based company’s first quarter earnings, Pinnacle officials said they are focused on consolidating the casinos the company acquired last year in its $2.8 billion buyout of rival Ameristar Casinos.Pinnacle CEO Anthony Sanfilippo said the company wants to reduce its $4.35 billion in debt, much of which was taken on because of the Ameristar transaction.However, Sanfilippo said the company might consider the idea in the future...read more |
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