Featured Articles Archive - Page 407

Duhamel relishes newfound celebrity in Canada

LAS VEGAS, Nevada -- Hours after winning the World Series of Poker's Main Event, Jonathan Duhamel was more popular in Canada than hockey superstar Wayne Gretzky.Newspaper headlines north of the border -- including his hometown Montreal Gazette, Vancouver Sun, and Toronto Star -- proclaimed Duhamel, 23, the country's and the game's newest celebrity.His victory Monday night in the $10,000 buy-in No-limit Hold 'em World Championship was worth $8.9 million...read more

The other shoe drops: Full Tilt bans Washington residents

Internet poker players in the state of Washington were dealt another blow Friday when Full Tilt Poker announced players from the state will no longer be able to play real-money games on the site.Seven weeks ago, the state's Supreme Court ruled that a state law making Internet gambling a Class C felony was constitutional...read more

Kerkorian sells off shares in MGM Resorts

LAS VEGAS, Nevada -- Los Angeles-based billionaire Kirk Kerkorian now owns just 27 percent of MGM Resorts International, the company he founded, but remains the casino operator's largest shareholder. Kerkorian, 93, sold 10.3 million shares of MGM Resorts through Tracinda Corp., his privately hel...read more

IGT reverses loss, but sees revenues slide

LAS VEGAS, Nevada -- Slot machine giant International Game Technology reversed a fourth-quarter net loss from a year ago, but diminished sales because of casinos' continued disinterest in new purchases caused quarterly revenues to slide 3 percent. The Reno-based company, which controls about 60 percent of the North American slot machine market, said Tuesday its net income was $19.9 million during the quarter that ended Sept...read more

Nevada gaming revenues jump once again

LAS VEGAS, Nevada -- Two months certainly do not make a trend. But analysts expressed cautious optimism that a pattern was taking hold after state gaming revenues showed a modest increase in September, the first time since the fall of 2007 that Nevada casinos have recorded two straight monthly revenue bumps. The increase of less than 1 percent wasn't the double-digit jump Nevada casinos and the Strip experienced in August...read more

Deal Me In: Think outside the bun

Dear Mark: I have a glass jar full of chips that I bring home from each casino visit. It's becoming quite a collection and was wondering if they have any value. Donna S.Honestly, Donna, they probably have far less value than what you forked over for them...read more

Harrah's changing name to Caesars Entertainment

LAS VEGAS, Nevada -- Harrah's Entertainment is planning to raise $610.9 million in an initial public offering this month and will change its corporate name to Caesars Entertainment. In a filing with the U.S. Securities and Exchange Commission on Friday, the casino operator said it would offer 31.3 million shares of common stock priced between $15 and $17 a share on the Nasdaq National Market under the symbol CZR. An additional 4.7 million to underwriters will cover overallotments, the Las Vegas-based company said. Harrah's was taken private in a $29 billion private equity buyout in January 2008...read more

Top-10 hands to November Nine hands watch for on ESPN

When ESPN airs its final table coverage of the World Series of Poker Main Event on Tuesday night, poker fans will only see about 10 percent of the roughly 250 hands that were played. There were some real made-for-TV moments at the final table, so here are our nominations for the top-10 hands to watch for on Tuesday night.10...read more

Duhamel beats Racener to win World Series of Poker Main Event

LAS VEGAS -- Jonathan Duhamel beat John Racener Monday night to win the World Series of Poker Main Event and $8,944,310. Racener won $5,545,955 for finishing second.After his win, Duhamel went body surfing in the arms of his supporters."It's a dream come true for me," Duhamel said after winning poker's most prestigious tournament...read more

It's not the Stanley Cup, but the WSOP bracelet will have to do

LAS VEGAS -- Jonathan Duhamel has been watching the Montreal Canadiens since he was two years old. And like many Canadians, he grew up dreaming of lifting the Stanley Cup for his hometown team.While Duhamel knows that those dreams are out of reach, on Monday night he did get his hands on a piece of hardware that ranks second on his fantasy hierarchy: the World Series of Poker Main Event bracelet."This is like the NHL of poker right now for me," said Duhamel...read more