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Featured Articles Archive - Page 388
Articles by Howard Stutz
![]() Nevada gaming revenues fall again11 April 2011 LAS VEGAS, Nevada -- February's gaming results never stood a chance.Statewide casino revenues dipped almost 7 percent during the month, which was Nevada's fourth straight monthly decline, according to figures released Friday by the Gaming Control Board.On the Strip, gaming revenues fell almost 9.6 percent in February, also the fourth month in a row the take from gamblers decreased.The reason?Making a comparison to the results in February 2010 was impossible.A year ago Strip gaming revenues soared almost 33 percent, the result of a record 255 percent increase in baccarat revenues that were fueled by the customer-rich Chinese New Year holiday and Super Bowl weekend...read moreArticles by Howard Stutz
![]() WSOP to relive three memorable Main Event matches11 April 2011 LAS VEGAS, Nevada -- A made-for-television event will allow World Series of Poker fans to relive some the tournament’s most memorable heads-up moments.The tournament will re-stage three famous two-player Main Event finals, which will be filmed by ESPN and aired as part of its World Series of Poker coverage this summer.The initial match will take place on June 2 at the Rio All-Suite Hotel & Casino when Chris Moneymaker takes on Sammy Farha in a rematch of the famous 2003 World Series of Poker Main Event moment.Moneymaker, an unknown amateur who earned his $10,000 seat in the Main Event after qualifying for $39 through an online poker tournament, defeated Farha, a veteran professional, to win $2.5 million and help start the worldwide explosion in poker.The match is the first time Moneymaker and Farha have faced off since 2003.“Winning the World Series of Poker Main Event was a life-altering moment,” Moneymaker said in a statement...read moreWhy are 12s Against 2- and 3-up at Blackjack so Perplexing?11 April 2011 Proficient blackjack buffs sometimes knowingly and rationally violate Basic Strategy. This might occur when the “correct” play is to double down or split a pair but the bettor doesn’t want or can’t afford to risk the extra money for these actions...read moreDeal Me In: You heard it right: Split 'em!8 April 2011 Dear Mark: A prime rule in blackjack is always split aces and 8s. I recently watched a player split aces against a dealer 7. He drew a 4 on one ace and a 3 on the other. The dealer showed 17, so both hands lost. Is one card all you get on each split card? If so, what is the advantage of splitting? Dave S...read moreArticles by Howard Stutz
![]() Bluff names Harry Reid to its "Power 20"5 April 2011 LAS VEGAS, Nevada -- Bluff Magazine named its “Power 20” for poker in 2011.Not surprisingly, decorated professional poker player Howard Lederer, a fan-favorite and consultant to Internet poker companies was at the top of the list. Lederer is a vocal advocate for legalizing online poker.The No...read moreTop-10 betting games for baseball4 April 2011 At some point, most guys learn that going on a date to a baseball game is much safer play than going on a date to basketball or football game (unless the girl really likes those sports). At basketball and football games, there's a significant risk that -- outside of buying beer and snacks -- we'll ignore our dates and focus strictly on the game...read moreDeal Me In: Many players believe the aisle-slot scuttlebutt4 April 2011 Dear Mark: Do slot machines that are placed on the end of an aisle pay better than those in the middle? Sandrine S.By and large, Sandrine, slot managers control the placement of their machines on the casino floor differently, each according to what they think will bring hungry players to the trough...read moreArticles by Howard Stutz
![]() Don't bet on Texas gambling expansion4 April 2011 AUSTIN, Texas -- The phrase, "all hat, no cattle" depicts someone who is big on talk but little on substance.The term also best describes the prospects for gaming expansion in Texas.Gambling proponents have put forward a multitude of ideas over the past decade...read moreArticles by Howard Stutz
![]() Macau sees historic March with $2.5 billion in revenue1 April 2011 MACAU -- Macau casinos shattered the Chinese gaming enclave's monthly gaming revenue records during March, collecting the equivalent of $2.5 billion from gamblers.
The Macau Gaming Inspection and Coordination Bureau said casinos in the Chinese Special Administrative reported revenues of 20.1 billion patacas during March, a 48 percent increase compared with revenues reported in March 2010.
The figure was a 1.1 percent increase from February, which held the previous monthly record of 19.86 billion patacas.
Analysts didn't believe Macau casinos would see any slowdown in the upcoming months...read moreArticles by Howard Stutz
![]() Casino stocks tumble in March1 April 2011 LAS VEGAS, Nevada -- Recessionary fears caused gaming stocks to tumble in March and skittish investors grew concerned that high gasoline costs could keep casino customers from traveling.
Only two gaming companies out of the 10 casino operators and slot machine manufacturers charted by Las Vegas-based financial consultant Applied Analysis saw an increase in their average daily stock prices during the month.
Boyd Gaming Corp., which operates regional casinos in the South and Midwest, along with resorts in Las Vegas and Atlantic City, took the largest tumble in the Gaming Index...read more |
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