Featured Articles Archive - Page 264

Bottom line in Web poker: Nevada needs compacts with other states

LAS VEGAS -- Nevada’s second online poker website launched Thursday.So now the market is over-saturated.Time will tell if Ultimate Poker, which has been accepting wagers since April 30, and WSOP.com can generate enough players within the confines of Nevada’s borders to co-exist...read more

Caesars giving Gansevoort $185 million transformation

LAS VEGAS -- When the folks at Caesars Entertainment Inc. and W.A. Richardson Builders are done turning the former Barbary Coast/Bill’s Gamblin’ Hall and saloon into the Gansevoort Las Vegas next year, the Strip’s old- timers won’t recognize the building.You can include Michael Gaughan in that group.The owner of the South Point built and opened the Barbary Coast in March 1979 on 1.7 acres at the northeast corner of the Strip and Flamingo Road...read more

If you don't want to double down at blackjack, can you let someone else do it for you?

Question: At blackjack, I had an 11 against a dealer's nine. I asked for a hit. Another player inquired "Can I take your double?" The dealer said it was up to me. What was this about?Answer: Most casinos let you "double down" on any two cards...read more

Poker Player Tweets of the Week: Expressing our feelings

It's been an exciting week for the online poker community. On Wednesday, 887 days after Black Friday, American players were finally able to submit claims for their Full Tilt Poker balances. A day later, the World Series of Poker launched a real-money online poker room in Nevada. Meanwhile, poker players have been busy doing what they do best -- playing in big tournaments and cash games...read more

Caesars announces debt plan to retire more than $4 billion in obligations

LAS VEGAS -- Caesars Entertainment Inc. announced a debt restructuring plan Wednesday that will retire more than $4 billion of the casino operator’s financial obligations that are coming due later this year.If the company is success­ful through the public markets, analysts said the new debt, with a new and longer maturity date, would remove an obligation that was causing some in the investment community to speculate that Caesars might have to file a bankruptcy reorganization.Caesars is backing the new loans with the 668-room Octavius Tower at Caesars Palace, which opened in January 2012, and the $550 million Linq development on the Strip, which is expected to open in February...read more

American Full Tilt Poker players can now make claims

On Wednesday, 887 days after Black Friday, American players were finally able to submit a claim for their Full Tilt Poker balances.The wait has been a long one for many players, some of whom had six-figure balances locked up by the government...read more

Scientific Games Corp. plans to retain many top WMS execs

Scientific Games Corporation said Tuesday that it will retain many of the top executives of slot machine manufacturer WMS Industries Incorporated after completion of the $1.5 billion buyout.In a statement, the New York-based lottery systems provider said it would create two industry groups, gaming and lottery, with much of WMS falling into the gaming division.Current WMS President Ken Lochiatto will head the seven-person management team for the gaming division along with Scott Schweinfurth, the current chief financial officer of Scientific Games.WMS Chairman and CEO Brian Gamache will continue with Scientific Games as a consultant to company CEO A...read more

World Series of Poker to launch real-money site in Nevada

Caesars Interactive Entertainment announced Monday it is launching real-money play on WSOP.com in Nevada Thursday morning.The World Series of Poker website will become the second real-money site in the state when it launches at 9:19 a.m. PST on Sept...read more

Top-10 lessons from studying my Full Tilt play

Today marks the beginning of the remission process for U.S.-based players who had money in their Full Tilt Poker accounts when the company stopped accepting real-money play from Americans. It's been nearly two and a half years, and a lot of folks are understandably excited – and nervous – about the prospects of receiving their account balances, whether they be six or seven figures or a measly couple of bucks.An updated FAQ page from the Garden City Group answers most questions players might have about the remission process, most importantly that they should expect to receive an e-mail in by September 17 with instructions on how to make their claim.One of the tricky things about figuring out just how much you're owed is remembering your balance...read more

Reservations put rebranding of The Hotel on hold

LAS VEGAS -- A planned transformation of The Hotel at Mandalay Bay Resort & Casino into the Delano Las Vegas may be on hold for a good reason.MGM Resorts International needs the rooms.Increased convention and meeting business at the adjacent Mandalay Bay conference center is a sign the casino operator, which owns The Hotel and Mandalay Bay, has visitation requirements booked that would fill the 1,100 suites at The Hotel...read more