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Featured Articles Archive - Page 252
Poker Player Tweets of the Week: Forgetting "Runner Runner"11 October 2013 Last week, I promised that this week's column would be devoted to poker players' reactions to Runner Runner, the first mainstream film about the online gambling industry.
Change of plans. As I covered in my review and senior editor Aaron Todd covered in his weekly top-10 column, Runner Runner was a collapse of epic proportion...read moreArticles by Howard Stutz
![]() One-day temporary casino known as Trailer Station to make return11 October 2013 LAS VEGAS -- Trailer Station will return after a two-year hiatus.Gaming regulators gave Station Casinos, Inc. and United Coin Machine Company preliminary approval to operate a one-day temporary casino at the 26-acre site of the since-imploded Showboat/Castaways property on the edge of downtown near the Boulder Highway.State regulations require the company to operate a casino on the land every two years in order to retain the gaming rights for the site...read moreArticles by Howard Stutz
![]() MGM Resorts, Penn National win suitability ruling from Maryland regulators11 October 2013 Maryland gaming regulators ruled Thursday that three casino companies, including MGM Resorts International and Penn National Gaming, Inc., were suitable applicants to compete for a single gaming license that could place a multimillion-dollar casino complex near the nation’s capital.The Maryland Lottery and Gaming Control Commission unanimously made the decision at a meeting in Baltimore...read moreArticles by Howard Stutz
![]() John Ascuaga's Nugget sold to private investment group11 October 2013 John Ascuaga’s Nugget in Sparks has been sold to a private investment group, which will end more than 50 years of family ownership in the Northern Nevada hotel-casino.A sale price was not disclosed. The transaction requires approval of state gaming regulators.Husky Finance, a middle-market lender, is financing the deal...read moreArticles by Howard Stutz
![]() Penn National to begin spinoff of real estate holdings9 October 2013 LAS VEGAS -- Penn National Gaming, Inc. will begin to spin off its real estate holdings into a separate public company this month, the casino operator and owner of M Resort told investors this past week.Under a plan approved by the company’s board of directors, Penn National shareholders will receive one share of common stock in the real estate investment trust equal to each share of common stock held in the casino operator as of Oct...read moreArticles by Howard Stutz
![]() Randy Black out as COO of Mesquite Gaming9 October 2013 Randy Black, the face of Mesquite’s casino industry since the 1990s, is no longer associated with the casino company that he founded.Black, who appeared in numerous local television commercials touting the small-town atmosphere of Mesquite, has retired as chief operating officer of Mesquite Gaming, LLC, according to a memo sent to employees of the Casablanca and Virgin River casinos late Monday.Mesquite Gaming was created in 2011 following the bankruptcy reorganization of Black Gaming...read more"Runner Runner" could have been a parody7 October 2013 When Brian Koppelman and David Levien wrote Rounders in 1998, they did something no one had ever done before: They made poker interesting to a mainstream audience.If Chris Moneymaker was the spark that created the poker boom in 2003, Rounders was the match that lit the fuse...read moreTop-10 questions after seeing Runner Runner7 October 2013 Runner Runner opened over the weekend and managed to pull in a disappointing $7.7 million, but I'll be honest, I thought it would be less. The plot of the Ben Affleck/Justin Timberlake film revolves around an offshore online gambling operation run by Ivan Block (Affleck)...read moreArticles by Howard Stutz
![]() Terms of Caesars restructuring, spinoff company set7 October 2013 LAS VEGAS -- Caesars Entertainment Corp. told shareholders they have until Oct. 17 to participate in a stock sale that will raise $1.18 billion and place ownership of Planet Hollywood, the company’s interactive division and a new Baltimore casino into a new holding company.Caesars announced the restructuring effort in April...read moreArticles by Howard Stutz
![]() Gibraltar firm rocks online gambling7 October 2013 Gibraltar-based 888 Holdings Plc has quietly carved out an extra-large share of the neophyte U.S. online gaming market.The company, one of the largest operators in legal European Internet gaming jurisdictions, has deals to operate interactive gaming platforms — the technology to house the online gambling websites — in all three states where the activity is legal: Nevada, New Jersey and Delaware.As other states move to adopt Internet wagering regulations, 888 Holdings will buy into the game.“We’re building a U.S.-based poker network,” 888 Chief Operating Officer Itai Frieberger said in an interview during last month’s Global Gaming Expo in Las Vegas...read more |
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