Featured Articles Archive - Page 558

Shift at top fuels speculation about Ameristar ownership

LAS VEGAS, Nevada -- Speculation about the future ownership of Ameristar Casinos resurfaced Monday after the company replaced its CEO with executives who have longtime ties to the casino operator and its founder, the late Craig Neilsen. John Boushy, a former Harrah's Entertainment executive who spent almost two years as Ameristar's CEO and president, resigned both his day-to-day operational duties and his seat on the company's board of directors. Gordon Kanofsky, who has been an executive with the company since 1999, replaced Boushy as CEO...read more

UltimateBet Parent Co. in Second Cheating Scanda

UltimateBet has revealed that an individual or individuals who formerly worked for the site were able to cheat players for a period spanning 21 months. This admission is the second in less than a year that parent company Tokwiro Enterprises ENRG has had to make...read more

Heard it on the river

If casino visitations are down in Tunica County you would never know it at HARRAH'S which just finished its $45 million remodeling that centered not on more games but on the reputation of a grand ma cook. The company has spent some 18 months remodeling its property and changing the name from Grand Casino to Harrah's Tunica, a move that went very smoothly by the way, and gave the 140,000 square feet of gaming space a very new look but the ingredients that the public was looking for came from the hands and fertile mind of the QUEEN of SOUTHERN CUISINE, PAULA DEEN...read more

Top-10 players to watch at the 2008 WSOP

10. Doyle Brunson Brunson, who turns 75 in August, is one of the true legends in the game and he can still bring it. It will be fun to see if he can capture bracelet No. 11 and tie Phil Hellmuth for the record. 9. Gavin Griffin Griffin won a WSOP bracelet 2004, and has since won both a WPT event and an EPT event...read more

Around the WSOP: Laak funny in defeat; Sexton underappreciated

Around the WSOP: Laak funny in defeat; Sexton underappreciated The 2008 World Series of Poker rocketed out of the gates this weekend with a final table that must have had ESPN executives drooling. In the $10,000 Pot-Limit Hold'em World Championship (Event #1), heavyweights Nenad Medic, Andy Bloch, Kathy Liebert, Mike Sexton, Patrik Antonius and Phil Laak all reached the final table...read more

With few exceptions, gaming stocks sliding

LAS VEGAS, Nevada -- Wall Street investors do not expect a turnaround in the Las Vegas gaming market anytime soon. They also aren't impressed by the figures coming out of Macau. The beneficiaries of this attitude appear to be regional casino operators...read more

Inside gaming: Sands ruling may be seen as Wynn win

LAS VEGAS, Nevada –- For inside baseball fans, the score from the $43.8 million verdict against Las Vegas Sands Corp. could be characterized as Steve Wynn 1, Sheldon Adelson 0. The casino developers, who are oftentimes antagonists, were not adversaries in the lawsuit. However, the Las Vegas law firm that handles gaming matters for Wynn Resorts Ltd...read more

Poker champ sees duty to share

LAS VEGAS, Nevada -- Winning poker's ultimate championship and $8.25 million a year ago changed Jerry Yang's bank account but not his attitude toward life. His wife, Sue, now drives around their hometown of Temecula, Calif., in a new Cadillac Escalade...read more

WSOP to feature 55 events

LAS VEGAS, Nevada -- The 2008 World Series of Poker kicked off its 39th run Friday with the first of eight different $10,000 buy-in championship events. The tournament, which runs through July 14 at the Rio, will feature 55 different events. In addition to the $10,000 buy-in events, the tournament has eight $5,000 buy-in events. The tournament, which is operated by Harrah's Entertainment, set records in 2007 for the most entrants, 54,288, and the largest total prize pool, $159.8 million. The biggest change in the tournament will be with the main event, the $10,000 buy-in no-limit Texas Hold'em world championship...read more

Quick-takes: The month's trends in a glance - May 2008

It is no longer a secret that the economy is in a downturn. Whether we use the word recession or refuse to use it, it is clear that 2008 is not the best of times for business or consumers. Casinos and casino stocks are no exceptions: most jurisdictions are reporting lower gaming revenues, and casinos stocks are down even more than the revenues...read more