Featured Articles Archive - Page 475

How pretty are blackjack players sitting with totals of 20 or 21?

Most blackjack buffs believe they're in the catbird seat with totals of 20 or 21. Yes, these hands can lose to blackjacks. But solid citizens learn this particular bad news before the round starts to be played out. So, if the dealer shows a 10 or ace and the hole card check proves benign, or the upcard is anything from two through nine, the payoff is practically headed to the bank. Right? Maybe...read more

Galaxy Gaming raises $600,000 through private placement

LAS VEGAS, Nevada -- Las Vegas-based table game vendor Galaxy Gaming, which is traded on the over-the-counter bulletin board, hoped to raise $400,000 through a private placement. The company told Wall Street this week it raised $600,000. "As evidenced by the over-subscription of our recent offering, our investors seemed to be pleased with the progress our company is making," Galaxy Gaming Chief Executive Officer Robert Saucier said in a statement...read more

Ivey falls short in quest for WSOP Main Event title

LAS VEGAS -- The World Series of Poker Main Event final table is down to its final two, and it does not include Phil Ivey. Instead 21-year-old Joe Cada and the logger from Maryland, Darvin Moon, survived the nearly 17-hour day and will face off late Monday night for poker's most coveted title...read more

Instant final table analysis: Cada, Moon somehow outlast the rest

LAS VEGAS -- The best way to look at Saturday's action at the World Series of Poker Main Event final table is that Darvin Moon finished with 58.8 million chips, essentially the same amount that he started with. And Joe Cada took everyone else's chips and now has 135.9 million chips. Saturday's action – which spilled into Sunday morning and didn't end until 5:55 Vegas time -- had an odd ebb and flow...read more

Ivey's media snub after Main Event exit was not "the best thing for poker"

LAS VEGAS – Throughout the four-month delay before the World Series of Poker Main Event final table, there was a lot of debate about what player winning would be "best for poker." Most observers felt that a Phil Ivey victory was the answer to that question since it would be ideal if "the greatest player in the world won the greatest tournament in the world." Those exact words almost became a cliché among the many talking heads and podcast hosts in the poker media during the last three months. Well, for all of you out there who were of this mindset, it turns out that while you may have been correct, it didn't matter...read more

Emotional Sexton officially inducted into Poker Hall of Fame

LAS VEGAS -- In a ceremony that was heartfelt, emotional and sometimes humorous, Mike Sexton -- aka The Ambassador of Poker -- was officially inducted into the Poker Hall of Fame Saturday night at the Rio in Las Vegas. Sexton became the 38th member of the Hall of Fame, but was the lone inductee in this year's class...read more

Spirited crowd base makes WSOP final table a true 'Vegas' event

LAS VEGAS -- Ever since the November Nine concept was introduced last year, the new dynamic of a live crowd watching the action has been created at the World Series of Poker Main Event final table. The final table is now a true Las Vegas "event," comparable to a heavyweight prizefight...read more

Deal Me In: Michigan gamblers out of luck on info

Dear Mark: Is it my imagination, or have the casinos in Detroit tightened up the percentages won by them? Before building the new casinos, my husband and I seemed to have more luck than we do in their newer ones. Not only that, but they didn't bring over some of our favorite quarter machines...read more

MGM Mirage reports $750.4 million quarterly loss

LAS VEGAS, Nevada -- For the moment, forget about MGM Mirage's $750.4 million quarterly net loss, $1.17 billion in noncash impairment charges and a revenue decline of 9 percent. To the Strip casino giant and its investors, the company's third-quarter earnings announcement Thursday was all about CityCenter. The first component in the $8.5 billion, 67-acre Strip development, the 1,500-room nongaming Vdara, opens in 26 days...read more

Vote paves way for Vegas-style casinos in Ohio

LAS VEGAS, Nevada -- Ohio voters Tuesday said they want to see four Las Vegas-style casinos built in the Buckeye State, but residents are still a long way from the first slot machine pull. Investors in Penn National Gaming and Nevada's slot machines makers, however, are already stacking their chips. Tuesday night's vote in Ohio reversed two decades of opposition to gambling in a state where residents rejected casino measures on four different occasions. However, with the state facing a budget deficit and 10 percent unemployment, Ohio voters approved a referendum by a 53 percent to 47 percent margin that will allow one casino in each of the state's four largest cities...read more