Featured Articles Archive - Page 398

Pennsylvania helps lift Las Vegas Sands

LAS VEGAS, Nevada -- Investors and Wall Street have taken notice of the results coming from the casino in Bethlehem, Pa., owned by Las Vegas Sands Corp.The addition of table games in July fueled Sands Bethlehem to a 101 percent increase in gaming revenue in 2010...read more

How long must you play to hit your blackjack win goal or loss limit?

You can start a casino game and grab or drop a bundle in blink of an eye. This isn't the usual situation, however. More often, if you size your bets to your bankroll, you'll neither quickly soar to riches nor plunge to insolvency. Instead, you'll enjoy or endure an appropriately long session with the ups and downs that make casino gambling exciting. The average duration – measured in number of hands – solid citizens experience in a session depends on their exit strategies, bet sizes, and playing tactics...read more

Your mom is a game of skill

Earlier this week, the regulars in my home poker game had planned on getting together to play some cards. We get together two or three times a month to play a couple hours of dealer call games, followed by a $20 sit-and-go.Unfortunately, this week Mother Nature intervened...read more

Las Vegas Sands has largest market cap in industry

LAS VEGAS, Nevada -- Las Vegas Sands Corp. has topped a list of the world's leading gaming companies based on market capitalization. But the company's Hong Kong-based subsidiary, Sands China, which covers the company's holdings in Macau, ranked third on the list...read more

Ten reasons Christie should sign the N.J. online gambling bill

The New Jersey legislature sent a bill that would regulate intrastate Internet gambling to Governor Chris Christie's desk last week, and the only obstacle keeping it from becoming law is the possibility of the governor's veto. Last week, Casino City Managing Editor Vin Narayanan laid out all the reasons Christie might choose to veto the bill — which passed by veto-proof margins in both the Assembly and the Senate...read more

eWalletXpress admits funds were seized by U.S.

Since last November, U.S. customers of eWalletXpress, an online e-wallet that had become a popular way to transfer funds to and from Internet casinos, poker rooms and sportsbooks, have been unable to use the service. Rumors abounded that federal authorities had seized the funds, but inquiries to customer service agents led to vague responses that funds were not available due to a "technical issue." On Monday, eWalletXpress finally admitted to its customers that the rumors were in fact true...read more

If the casino has an edge, why is video poker so popular?

Video poker games commonly give the house edges between roughly 2.5 and 5 percent – or, stated optimistically – offer players about 97.5 to 95 percent return. Euphemisms aside, the figures show that, on the average, funds flow freely from bettors' bankrolls to casinos' coffers. Some people won't gamble in casinos at all – and wouldn't, even if the joints had no advantage...read more

Shuffle Master Gaming suffers slight drop in earnings

LAS VEGAS, Nevada -- A one-time charge to settle a lawsuit kept table game manufacturer Shuffle Master Gaming from increasing its fourth-quarter earnings. The Las Vegas-based company said Thursday its net income for the quarter ended Oct...read more

Deal Me In: Share and share alike

Dear Mark: I need your help to clarify a hand of Texas Hold'em to settle a discussion. The Board: (4, 9, 9, jack, queen), Hand one: (8, 9) Hand two: (6, 9).Which cards are used to break the tie of trip 9s, the kicker in each hand, or is the hand a tie based on the common Jack and Queen? James S.Every player's final hand, James, is made up of five cards and five cards only...read more

Pinnacle Entertainment to acquire Ohio racetrack

CINCINNATI, Ohio -- The Ohio State Racing Commission approved plans Thursday by Pinnacle Entertainment to acquire the River Downs Racetrack in southeast Cincinnati by the end of this month.Las Vegas-based Pinnacle, a regional casino operator, said it would fund the $45 million acquisition through a...read more