Featured Articles Archive - Page 522

Deal Me In: Rigging your payday?

Dear Mark: Do casinos set multi-play video poker machines so that a more powerful hand doesn't appear on the initial deal, so they can avoid a very large payday for the player playing multiple hands? Alex G. Multi-play video poker games are offered in "Triple Play," "Five Play," "Ten Play," "Fifty Play" and even "One Hundred Play" versions. With multi-play machines, once you chose the number of hands you wish to play, you hit the deal/draw button...read more

IGT reports decline in profit and earnings

LAS VEGAS, Nevada -- International Game Technology missed its first-quarter earnings estimates and saw profits decline 42 percent from a year ago -- but things could have been worse. The Reno-based slot machine giant said Thursday it earned $65.7 million, or 22 cents a share, in the three-month period ended Dec...read more

Yo! -- It's getting close to tax time -- know the rules if you gamble

It's that time of the year, the time most Americans start thinking about gathering all their receipts, W2s and 1099s for that April tax date known as The Deadline. If you won some money in 2008 at video poker, on the slots or at the track, for example, and you wonder if the Internal Revenue Service knows or needs to know...read more

Obama brings hope, but the UIGEA is here to stay for now

In the opening days of the Obama administration, there has been a flurry of activity, including a halt on all pending regulations. But one thing that is not likely to be reopened for debate is the UIGEA regulations. While President Barack Obama can easily halt all pending regulations from being implemented, which he did on Tuesday, reversing rules that went into effect prior to his inauguration -- like the UIGEA -- is much more difficult. Once a rule (which is essentially a set of regulations) is announced and in the books for 60 days, it becomes law...read more

Doyle's Room leaves Microgaming for Cake Poker

While there has been no official announcement, it appears that Doyle's Room has indeed made the move from Microgaming to the Cake Poker Network. The popular online poker room endorsed by the legendary Doyle Brunson sent out an e-mail to its clients last week announcing that "sweeping changes were on the way." On Thursday, the poker room, which was previously powered by Microgaming, had a disclaimer on the bottom of its home page that said "Cake Poker Network Partner." The disclaimer at the bottom of the home page at Doyle's Casino stills says it is "powered by Microgaming." It appears that the move by Doyle's Room is in response to the decision Microgaming made in November to begin denying U.S...read more

GPWA Conference in Las Vegas provides intimate networking opportunity

LAS VEGAS – Josh Gray sat high above the Las Vegas Strip last Wednesday night in the Stratosphere Hotel and Casino tower with a cocktail in one hand and his Blackberry in the other. The senior media executive for the social networking site PerfSpot had just spent the last eight-plus hours at the GPWA Conference when he was asked what he enjoyed most about the day that was full of affiliate marketing sessions...read more

IGT acquires Progressive Gaming assets

LAS VEGAS, Nevada -- Slot machine giant International Game Technology announced Tuesday it acquired "substantially all of the assets" of Progressive Gaming International Corp., which was foreclosed and liquidated last week by one of its lenders. No price was given. Ed Rogich, a spokesman for the Reno-based slot machine manufacturer, said the company was still evaluating if the out-of-business technology provider's 300 employees would be hired by IGT as part of the transaction...read more

Kentucky appeals court blocks seizure of online gambling domains

In a 2-1 decision, the Kentucky Court of Appeals ruled Tuesday that the state could not seize 141 online gambling domains because domain names are not gambling devices under Kentucky law. The ruling overturns an October decision made by Franklin County Circuit Judge Thomas Wingate that asserted online gambling domains could be seized by the state because online gambling domains constituted illegal gambling devices that were prohibited by Kentucky law. Among the sites targeted by Kentucky were PokerStars, Full Tilt Poker, Absolute Poker, Bodog and Slotocash. Late Wednesday, J...read more

Top-10 free attractions in Las Vegas

LAS VEGAS – When you're on vacation, it's a foregone conclusion that you are going to do things differently than you would while you're at home – especially if your place of choice is Las Vegas. Sin City presents a visitor plenty of options to spend their time...read more

INSIDE GAMING: Taiwan beaches ready for action

LAS VEGAS, Nevada -- The prospects for a beachfront casino resort in Taiwan that would be managed by Las Vegas casino veteran Larry Woolf received a boost. Taiwan's Parliament voted last week to legalize gambling on the island nation's offshore islands of Kinmen, Matsu and Penghu...read more