Featured Articles Archive - Page 422

Cosmopolitan gets final licensing approval

LAS VEGAS, Nevada -- Nevada gaming regulators on Thursday granted operators of the Cosmopolitan of Las Vegas final licensing approval, setting the stage for the hotel-casino's opening in December.The Nevada Gaming Commission, meeting in Carson City, took about an hour to approve the oft-delayed $3.9 billion development, which will open about 2,000 of its 2,995 hotel rooms on Dec...read more

A running diary of Aaron Todd's "Perfect Play"

The concept was simple. Play in 10 multi-table tournaments on UB.com and see how I shape up in their Perfect Play promotion.The results? Well, I learned a lot.The first lesson I learned was this: Know the scoring system. UB.com's Perfect Play promotion gives players points for every player they finish ahead of in a tournament, plus one (e.g., finish 50th in a 100-person tournament, you earn 51 points)...read more

Going for a Perfect Play on UB.com

As I begin writing this, it's 12:35 ET, and in 55 minutes, I'm about to begin an experiment in micro-stakes professional poker.UB.com is running a promotion called The Perfect Play for the month of October. There are several ways players can take advantage of the promotion, and the path I've chosen is the $3+0.30 tournament route.In this tournament series (as well as a $10+1 version), UB.com offers 10 multi-table tournaments a day...read more

Harrington, Seidel are newest Poker Hall of Fame inductees

LAS VEGAS, Nevada -- Former world poker champion Dan Harrington and eight-time World Series of Poker bracelet winner Erik Seidel will become the newest inductees into the Poker Hall of Fame.The pair, the 39th and 40th members of the Poker Hall of Fame, will be inducted on Nov...read more

Harrah's Entertainment files for IPO

LAS VEGAS, Nevada -- Harrah's Entertainment, which went private nearly three years ago in one of the largest private equity buyouts on record, filed documents Monday for a return to the public markets to raise more than $500 million to pay for several development projects, including completion of a hotel tower at Caesars Palace. In documents filed with U.S...read more

Why blackjacks are more significant than most bettors realize

Blackjack buffs all know the joy attending an ace-10 duo showing at their spot on the table. Ask bettors why blackjacks are important, though. You're almost sure to hear it's mainly because they can't lose -- they win, or they push against dealers' blackjacks unless you buy insurance and "take even money." Secondarily, it's because they pay a nice little bonus. Few gamblers realize how much the no-lose and bonus features pull the house edge in the game down as low as it is...read more

Top-10 lowest house edge casino bets

Savvy gamblers know that the best way to preserve a bankroll is to make bets with the lowest house edge. If you're looking to get the most bang for your buck at the casino, look for any of our top-10 low house-edge bets. (All data provided by wizardofodds.com)10...read more

Childhood friends finally see slot design on casino floors

LAS VEGAS, Nevada -- As teenagers, Terry Gold and Jeremy Zarowitz would sneak into local convenience stores to play video poker.Fast-forward two decades and the childhood friends now watch as Strip slot machine customers are playing 2nd Chance Royal, the video poker game they designed.Getting the game onto casino floors was a much more formidable challenge than the pair ever dreamed.Patenting took four years...read more

Casinos selling for bargains in Nevada, Atlantic City

LAS VEGAS, Nevada -- Let's recap recent headlines.M Resort, which cost $1 billion, was essentially acquired by Penn National Gaming, which picked up the property's $860 million debt load for $230.5 million.MGM Resorts International's 50 percent stake in Atlantic City's Borgata was sold to a yet-to-be-named buyer for just above $250 million -- almost half the figure analysts expected.CityCenter, which had an $8.5 billion budget, has an equity value of $2.65 billion...read more

Deal Me In: Putting a pal in the sand trap

Dear Mark: I was going to Las Vegas and a friend gave me $265 (the cost of a driving range season pass for golf he wanted to win) for a pass line bet on the crap table. Since I was playing blackjack previous to making his bet, I used my own chips instead of his cash money...read more