Featured Articles Archive - Page 284

Macau gaming revenues hit single-month record of $3.92 billion in March

Any predictions of a slowdown in Macau’s gaming market are long forgotten.The Chinese gaming enclave shattered the region’s monthly gaming revenue record in March, with casinos collecting more than $3.92 billion from gamblers during the month.The figure eclipsed the previous one-month record of $3.5 billion in gaming revenues, which was set in December...read more

Station Casinos-owned Ultimate Poker taps Esfandiari as brand ambassador

LAS VEGAS -- Station Casinos, Inc.-owned Ultimate Poker, which has yet to launch its pay-to-play website in Nevada, has a brand ambassador.The company, which has been licensed by state gaming regulators but is waiting for approval of its technology by testing laboratories, announced Tuesday that it has signed poker champion Antonio Esfandiari to promote the website.Esfandiari has made a name for himself behind the microphone as a commentator for ESPN’s coverage of the World Series of Poker and at the tables for his victories on the World Poker Tour.He made his biggest splash last summer when he won a record poker jackpot of $18.3 million in capturing the World Series of Poker’s $1 million buy-in “Big One for One Drop” at the Rio.In a statement, Ultimate Poker Chairman Tom Breitling said Esfandiari is the first professional poker player to represent a U.S.-licensed online poker company.“Antonio is the ultimate champion and modern poker player,” Breitling said...read more

Colorado casinos boost fourth-quarter revenues for Affinity Gaming

LAS VEGAS -- Casino operator Affinity Gaming grew revenues 4.6 percent in the fourth quarter, primarily through the company’s three casinos in Colorado that were purchased last year.The Las Vegas-based company said Monday that total revenues increased to $97.7 million in the quarter that ended Dec...read more

Caesars Entertainment leads gains in casino share prices

LAS VEGAS -- Shares of Caesars Entertainment Inc. posted strong gains in March, adding to increases in the previous month.The casino giant saw its average daily stock price increase more than 39 percent during the month, after February’s 46 percent jump.Brian Gordon — a principal with Las Vegas-based financial adviser Applied Analysis, which charts the monthly stock performance of eight publicly traded casino operators and four gaming equipment manufacturers for a gaming index — said Monday that Caesars continues to benefit from a hope that legalized Internet gaming could be on the horizon.Caesars, which operates 10 resorts on or near the Strip and four casinos in Atlantic City, owns the World Series of Poker brand...read more

Galaxy Gaming reverses losses in fourth quarter, full year 2012

LAS VEGAS -- Table game provider Galaxy Gaming on Monday said it reversed net losses in the fourth quarter and for all of 2012.Las Vegas-based Galaxy, which has shares traded over-the-counter, said its net income of $601,000 in the quarter ended Dec...read more

Top-10 Final Four bets

We're down to four teams in the NCAA men's basketball tournament. That means you have one weekend left to hedge your bets, dig yourself out of a hole or lock in massive profits from the past two weeks of betting.I scoured the Internet looking for interesting wagers to help that process along and didn't find much...read more

Key Largo Casino had just a small role in Las Vegas history

LAS VEGAS -- The now-burned-out and soon-to-be-demolished Key Largo Casino actually had a bit part in Las Vegas lore. It was one reason the casino became the Key Largo.The closed Flamingo Road casino, which caught fire Thursday, opened in 1973 as the Ambassador...read more

Q and A with M Resort President Anthony Marnell III

LAS VEGAS -- In baseball, it’s often said that catchers make the best managers.Catchers control the game on the field and are involved in many key decisions.M Resort President Anthony Marnell III understands the concept.A standout high school catcher at Bishop Gorman, Marnell went on to play collegiate baseball at the University of Arizona...read more

Are some wagers at double-zero roulette better than their single-zero counterparts?

Question: Most roulette tables have red and black numbers from 1 to 36, and two green positions labeled 0 and 00. Some tables in the high-limit pits have the numbers from 1 to 36 but only one green position, labeled 0. What's the difference?Answer: In "American" or "double-zero" roulette, the ball can land in one of 38 grooves...read more

When and why to double up

Dear Mark: With the double up feature on many video poker machines, is it a 50/50 proposition, and if so, how long would you recommend playing this option before quitting? Jenny S.Yes, Jenny, the house is offering you a 50-50 proposition on the double-up option after winning a hand of video poker.This double-up bet involves five cards being drawn face down, the machine drawing one card first, then you selecting one of the remaining four cards...read more