Featured Articles Archive - Page 578

World Poker Tour announces STATS deal; launches CLUBWPT.com

You've heard of RBI, but what about ROI? You know how a basketball player's free throw percentage is determined, but can you calculate a bluff percentage? Thanks to new a partnership with STATS LLC, the World Poker Tour (WPT) is hoping that statistics like the ones mentioned above and more will become part of the poker fan's every day vocabulary after unveiling a full section of new stats for all of its players...read more

Peter Dicks returns to Sportingbet

Sportingbet has reappointed Peter Dicks to its non-executive chairman position, the company announced Tuesday. James Wilkinson was also named finance director as part of a "significant restructuring," according to Sportingbet CEO Andrew McIver. Dicks was arrested at New York's John F...read more

Civic duty meets convenience on Strip

LAS VEGAS, Nevada -- Christine Sears, a front desk clerk at the Bellagio, wasn't registered to vote and had never shown much interest in the political process until Saturday. Sears joined almost 500 Bellagio and MGM Grand employees by coming into work on her off day to participate in Nevada's Democratic caucus...read more

The Palazzo makes its long-awaited grand debut in Las Vegas

Over the top, yet sophisticated. That's the phrase Rob Goldstein, president and chief operating officer of The Palazzo Resort-Hotel-Casino, used to describe his company's new $1.9 billion resort in Las Vegas and the same could be said for the pomp and pageantry that was on display for the property's grand opening last week...read more

Analyst: Progressive a takeover target

LAS VEGAS, Nevada -- A Wall Street analyst has suggested that Progressive Gaming International should be bought out by slot machine giant International Game Technology. In a report to investors, Todd Eilers of Roth Capital Partners said shares of Las Vegas-based Progressive Gaming, which fell to a 52-week low of $1.98 on Dec...read more

Behind the jackpots

"I Won the Jackpot" is the sound of dreams coming true. With the ever-increasing progressive jackpots offered by casinos, the Big Hits are what we seek. This series of reports details some of these winning stories from the lucky winners. Twice as Nice A 92-year-old man has accomplished the near impossible -- winning a Megabucks jackpot twice...read more

Casino de Genting tops list of casinos with most hotel rooms

10.) Caesars Palace – Las Vegas – 3,348 rooms The rooms are split between five towers: Augustus, Centurion, Forum, Palace and Roman. The Forum tower is made up exclusively of luxurious guest suites and is in the final stages of a complete refurbishment...read more

Insights: The US-Antigua WTO Settlement

Antigua has emerged as the victor in the books, but most professionals in the interactive gambling industry are disappointed with the outcome. Some once dreamed the case would open the United States to regulation, but the settlement seems too small to harm the States and the country appears to have found a cheap way to squirm out of its trade obligations. It's a very complex case, so we've asked our experts to tell us what they think about the decision and what it means -- particularly to the parties they represent...read more

Playing It Smart: Table games and slots may be more unlike than you think

The casinos' edge on bets booked is inevitable. Without it, the joints couldn't stay in business. Card counting at blackjack is an exception. But, even there, the bosses can minimize or eliminate the effect and few players do it right anyway...read more

IGT sees profit dip in first quarter

LAS VEGAS, Nevada -- Slot machine giant International Game Technology reported a 6 percent drop in its net income during the first quarter. Gaming analysts, however, had more of an interest Thursday in where the gambling equipment market is headed and where IGT fits into the long term picture. Reno-based IGT said its net income was $113.7 million, or 36 cents a share in the quarter that ended Dec...read more