Featured Articles Archive - Page 561

2008 WSOP Main Event final table is set

LAS VEGAS -- And then there were nine. After 12 days of poker and 6,835 eliminations, the final table for the Main Event is set. Dennis Phillips (26.295 million in chips), Ivan Demidov (24.4 million), Scott Montgomery (19.69 million), Peter Eastgate (18.375 million), Ylon Schwartz (12.525 million), Darus Suharto (12.52 million), David "Chino" Rheem (10.23 million), Craig Marquis (10.21 million), and Kelly Kim (2.62 million) will now take a 117-day pause to allow ESPN to air its complete World Series of Poker coverage and allow drama surrounding the final table to build...read more

Playing It Smart: How big of a bankroll do you need to play blackjack?

The bankroll needed for reasonable confidence in lasting through a blackjack session of desired duration depends on many factors. The strategy followed in deciding to hit, stand, split, or double on each hand is a factor, but it has less impact than most think. More important are wagering tactics...read more

Inside gaming: For Penn, breaking up not so hard to do

LAS VEGAS, Nevada -- Wall Street is giving Penn National Gaming a fresh look after the casino operator's $6.1 billion private equity buyout collapsed July 3. The company, which operates 19 casinos and racetracks in regional markets, is flush with money thanks to a $225 million all-cash breakup fee and a $1.25 billion interest-free loan from its former suitors...read more

After wild ride, stocks of casino companies up

LAS VEGAS, Nevada -- Gaming stocks on Friday recovered some of their value that was lost the previous day when both Nevada and Atlantic City reported disappointing monthly gaming revenues, panicking an already jittery investment community. Wynn Resorts Ltd...read more

Stocks take hit

NEW YORK -- Wall Street did not react well to Thursday's news that Nevada's gaming win dropped by the largest percentage amount in 24 years. The 15.2 percent statewide slump in gaming revenues in May pummeled stock prices of the largest casino operators. Gaming analysts expected casino revenues to drop, but not by double digits. "Right now, the feeling out in the investment community is that things could get a lot worse," said Macquarie Group gaming analyst Joel Simkins. JPMorgan gaming analyst Joe Greff said Strip revenues were hurt by a reporting method where slot machine revenues from May 30 and May 31 will be reported in June because the month ended on a weekend. "We note that even after adjusting for this issue, results on the Strip were still pretty ugly," Greff said. Publicly traded gaming companies were hit with a second piece of bad news Thursday: Gaming revenues at Atlantic City casinos fell 11 percent in June. Shares of MGM Mirage fell nearly 22 percent, or $6.44 on the New York Stock Exchange, to close at $23.14, the casino operator's lowest price per share since 2005...read more

Top-10 moments of the WSOP Main Event

LAS VEGAS – Entering Monday's action, the Main Event at the 2008 World Series Poker was filled with special moments. Here's a look back at our 10 favorites. 10. Ante Up for Africa In a game where the primary goal is to make as much money for yourself as possible, it's nice to see that charity still has a place...read more

'Roothlus' finally conquers the WSOP

LAS VEGAS – A year ago at this time, Adam Levy was wrapping up a two-month stint as a youth camp counselor at a reform Jewish summer camp, deep in the woods of the Blue Ridge Mountains in northern Georgia. On Sunday, he was walking out of the Rio All Suite Hotel & Casino with $222,865 in his pocket after spending the last six weeks playing in the 2008 World Series of Poker...read more

'Get out of jail' card can't prevent Hellmuth elimination from WSOP

LAS VEGAS – On a day where Mike Matusow busted out of the World Series of Poker Main Event in 30th place, the WSOP's decision to rescind a one-round penalty levied against Phil Hellmuth late Saturday night dominated talk for much of the day. Hellmuth, who finished 45th after being eliminated late Sunday afternoon, blew up on the last hand of the night...read more

Ohio's Stein is proving he's a horse for the Main Event course

LAS VEGAS – For years, Drew Dakoski has been hounding his good friend Craig Stein to take a stab at playing in the World Series of Poker. Finally this spring, Stein reluctantly relented. He bought his way into a Mega Super Satellite event at the Mountaineer Casino Racetrack in West Virginia and went on to win a seat in the Main Event...read more

Sliwinski making a dream run at WSOP Main Event

Editor's note: Nicholas Sliwinski was eliminated from the Main Event Monday night. He finished 13th and won $463,201. LAS VEGAS -- The Main Event at the World Series of Poker began play Friday with 189 players remaining from an initial field of 6,844, including several popular professionals including Phil Hellmuth, Mike Matusow, Gus Hansen, Allen Cunningham and Victor Ramdin...read more