Featured Articles Archive - Page 409

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

Probability and order in gambling

In many casino games, it's relatively simple to enumerate all possible outcomes of a coup and identify their associated probabilities. Such listings yield statistically-correct theoretical "cycles." Double-zero roulette offers a readily-visualized illustration...read more

Raymer offers advice to next WSOP champ

LAS VEGAS, Nev. -- The players at the final table of the 2010 World Series of Poker Main Event – even Michael "The Grinder" Mizrachi – were playing for a prize that dwarfs anything they've ever won before. Mizrachi's largest payday prior to the 2010 Main Event was $1.86 million, while the eight other players had never won as much money as they were guaranteed to win by making this year's final table.So they might be wise to listen to the advice offered by Greg Raymer, who won $5 million when he won the Main Event in 2004."Don't spend any real money anytime soon," said Raymer...read more

Cheong's aggression giveth and taketh away at WSOP Main Event

Right from the first level of play in Saturday's World Series of Poker Main Event, Joseph Cheong displayed fearless aggression. He raised and reraised nearly half of the pots. He took down pots preflop. He made huge, cleverly disguised value bets on the river when he held the nuts...read more

Candio becomes Italy's all-time leader with fourth-place WSOP finish

Filippo Candio was the first Italian player to reach a World Series of Poker Main Event final table, and by finishing fourth, he put himself in the history books once again as the leading Italian player on poker's all-time money list. Candio's finish earned him nearly $3.1 million."It's an honor, but I would prefer to win this tournament," said Candio...read more