Featured Articles Archive - Page 480

Station Casinos files for reorganization extension

LAS VEGAS, Nevada -- Station Casinos has asked a federal bankruptcy judge for a four-month delay in proposing a reorganization plan for the company, a move attorneys for the Las Vegas-based casino operator hinted at last month. In a filing Friday with the U.S...read more

You can make money at craps when the shooter sevens-out

Most craps buffs favor Pass, Come, Place, and Buy bets as their primary wagers. If the shooter produces a plethora of numbers before sevening-out, these dice devotees can pile up profit, toss after toss. The catch is the eventual seven-out...read more

Top-10 things to watch for at the November Nine

10. Darvin Moon's early play Last year, Dennis Phillips was the chip leader entering final table action. But he fell behind early after losing some big pots. Phillips scrambled back into contention and managed to finish third, but his early stumbles proved too much to overcome. Darvin Moon faces a similar situation...read more

Father's Day gift fuels Schaffel's run to the Main Event final table

It was about a year ago at this time when Kevin Schaffel met Phil Ivey for the first time. Schaffel was in the clubhouse eating lunch at Shadow Creek, the renowned Las Vegas golf course, when he spotted Ivey sitting a few tables away. As Ivey got up to head to the practice range, Schaffel walked over to him and explained that he was a scratch golfer and a new player in the world of professional poker...read more

Chef Boulud leaving Wynn for Las Vegas Sands

LAS VEGAS, Nevada -- New York chef Daniel Boulud will open a restaurant at the $5.4 billion Marina Bay Sands, which is being built in Singapore by Las Vegas Sands Corp. and is expected to open next year. He will be one of six celebrity chefs opening eateries at the Marina Bay Sands, which will be the island nation's first casino. Boulud operated a restaurant at Wynn Las Vegas...read more

IGT board post adds to Satre's power

LAS VEGAS, Nevada -- Phil Satre is the most powerful businessman in Nevada. He can influence both your electricity costs and what slot machines you can play at the local casino. There might be some argument as to which role is more important. Satre, 60, joined the board of directors of NV Energy when he retired as chairman and chief executive officer of Harrah's Entertainment in 2005...read more

Ohio voters support casino measure

LAS VEGAS, Nevada -- Ohio voters support a statewide ballot measure that would allow four casinos to be built in the state's largest cities, a Columbus Dispatch/Ohio Newspaper Poll showed Sunday. The election will be held Nov. 3. Ohio voters currently favor Issue 3 by 57 percent to 39 percent, with 4 percent undecided...read more

Steve Wynn won't quiet criticism

LAS VEGAS, Nevada -- Wynn Resorts Ltd. Chairman Steve Wynn said Monday he plans to continue speaking out on what he calls the Obama administration's mishandling of the economy. And he believes others in the business community should be taking a similar approach. "I feel very strongly about this, and it needs to be discussed," said Wynn, founder and chief executive officer of the company that operates Wynn Las Vegas, Encore and a casino in Macau...read more

Deal Me In: Some dealers have strategy know-how, others don't

Dear Mark: I wanted to comment last week about dealer's giving blackjack advice. My experience is that all they have ever given is bad advice. The soft 18 you mention this week is the prime example. Not only do I have everyone at the table angry at me for hitting an 18, the dealer usually chimes in that I shouldn't have done that or trying to talk me out of it when I ask for the hit. Another dealer got angry at me for not drastically increasing my bets when I won seven hands in a row...read more

Casino execs support stimulus package

LAS VEGAS, Nevada -- Without several provisions in the federal stimulus bill, Nevada government might have shut down, jobs would have been lost and casino corporations wouldn't have been able to restructure some of their long-term debt, sending additional companies into bankruptcy. That was the message Thursday from executives with Harrah's Entertainment and Station Casinos, who sought to place a different spin on the current wave of critical commentary coming from rival casino operators about efforts by the Obama administration and Congress to prop up the sagging economy. Harrah's Senior Vice President Jan Jones and Station Casinos Executive Vice President Scott Nielson added that parts of the bill that helped Nevada's gaming industry wouldn't have happened without the work of Senate Majority Leader Harry Reid. "So many of the jobs existing today are the result of the vision and leadership of the government and our majority leader," said Jones, a former two-term mayor of Las Vegas who twice ran for Nevada governor. Jones and Nielson were so effusive in their support of Reid that a reporter from The Associated Press asked on the conference call if the briefing was an event for the Reid re-election campaign. In response, Jones said positive aspects of the federal stimulus package -- the American Recovery and Reinvestment Act -- had been overlooked in recent news accounts of the state's 13.3 percent unemployment rate and in comments made on cable television news programs by Wynn Resorts Chairman Steve Wynn, who was critical of President Obama and his handling of the economy. "There has been some very vocal criticism of the administration," Jones said...read more