Featured Articles Archive - Page 445

Oil spill will hurt Gulf casinos

LAS VEGAS, Nevada -- Moody's Investors Service gave the U.S. gaming industry a boost Tuesday when it revised its Industry Sector Outlook from negative to stable. But not all areas of gaming are viewed as healthy. Moody's Senior Vice President Keith Foley said in an interview he has concerns about casino operations in Louisiana and Mississippi in the wake of nearly two-month-old BP oil spill in the Gulf of Mexico. There is no question that tourism to the region is going to be negatively impacted as summer tourists avoid oil-stained beaches. "It's pretty clear that the region is going to face some challenges," Foley said. Morgan Joseph gaming analyst Justin Sebastiano recently visited the Gulf Coast to ascertain potential financial impact the BP oil spill could have on the gaming markets. "The tone from most of the Louisiana and Mississippi gaming personnel was cautious but far from what we would call alarmed," Sebastiano told investors...read more

Ivey wins eighth WSOP gold bracelet

LAS VEGAS, Nevada -- Poker standout Phil Ivey isn't going to be satisfied with just a few more World Series of Poker championship bracelets.After winning his eighth bracelet early Tuesday morning at the Rio by capturing the $3,000 buy-in H.O.R.S.E...read more

Moody's upgrades gaming industry outlook

LAS VEGAS, Nevada -- Moody's Investors Service upgraded its view of the American gaming industry this morning, saying the overall credit conditions for the casino market will neither erode nor improve materially during over the next 12 to 18 months. New York-based Moody's revised its Industry Sector Outlook for the U.S...read more

California Indian tribe rejects online gaming legislation

The Morongo Band of Mission Indians, who have been outspoken in their support of online poker legislation in California, surprisingly rejected a proposal by state Sen. Roderick Wright that would legalize the practice in the state, according to the Desert Sun. The Morongo signed a letter drafted by the Tribal Alliance of Sovereign Indian Nations (TASIN) that opposed Senate Bill 1485, which would establish a framework to authorize intrastate Internet gambling. "We've always supported the concept of intrastate poker in California because of consumer protections, revenue to the state and the fact it would bring the game out of the shadows," Morongo spokesman Patrick Dorinson told the Desert Sun...read more

The appeal of skill games

The definition of a game of skill is a game where the result is determined generally by mental and/or physical skill, as opposed to pure chance or luck. The appeal of these games lies in the fact that not only do players revel in the challenge and the wide variety of game choices/types, but also the mention of checkers, dominoes, hangman and jigsaw puzzles brings on fond childhood memories...read more

Variety in the poker world

The universal appeal of Texas Holdem poker online and on TV has been enormous, but I discovered that there is much more to the game called poker.I was doing research into other poker versions in order to add some lessons to our Learn Poker Program and I concluded that as players, we have a lot to learn.It reminded me of the quote from Michael Pertwee, "How long does it take to learn poker, Dad?" The reply, "All your life, son."Besides the poker versions that are familiar--Omaha, 7-card stud, Caribbean stud, baccarat, 3-Card Poker, Let it Ride and Pai Gow Poker, there are several other versions to explore.Let's take a look at a few...read more

YouTube to allow gambling advertisements

YouTube will allow "licensed entities located in England, Scotland, Wales, Italy, France or Spain" to run online gambling advertisements on YouTube videos, according to new ad guidelines posted to its site. The content on the popular video sharing Web site will only be accessible once a viewer has verified they are at least 18-years-old, reports New Media Age...read more

Red Rock Resort going Yard

LAS VEGAS, Nevada -- Yard House founder Steele Platt always thought his restaurant brand would be popular inside a casino.After the first few weeks of operation of the Southern California company's newest location inside Red Rock Resort, Platt hasn't changed his opinion.He said the restaurant was on pace for $14 million in annual revenues, a clip he attributes to the familiarity of the popular brand, known for its massive selection of beers on tap, casual-to-upscale menu and eclectic atmosphere."I thought this location, when we laid it out, perfectly fit our demographic," Platt said of the nearly 13,000-square-foot space that replaced The Salt Lick Bar B-Que...read more

Top-10 stories from the first half of the WSOP

Technically, about 60 percent of bracelet events at the 2010 World Series of Poker have been completed. But regardless, we're just two weeks away from the start of the Main Event, and it's as good a time as any to look back at the top stories of this year's WSOP.10...read more

Law student tops 'the Master' to win WSOP bracelet

LAS VEGAS, Nevada -- Men "the Master" Nguyen was denied his eighth World Series of Poker championship bracelet by a 25-year-old law school student from New York.Jeffrey Papola was the winner of the $5,000 buy-in Six-Handed No-Limit Hold'em championship at the 2010 World Series of Poker over the weekend at the Rio.It was his first career gold bracelet victory and came three days after he finished second in the $2,500 buy-in Six-Handed No-Limit Hold'em championship.Papola, a resident of White Plains, N.Y., who is in his third year of law school at Pace University, earned $667,433 for winning the event.He topped Nguyen in heads-up play...read more