Featured Articles Archive - Page 580

AIM's First in 15: AsianLogic

London's Alternative Investment Market has just seen its first I-gaming float since before America passed the UIGEA. The bold company behind the float -- Hong Kong-based AsianLogic Limited -- sold shares for 112p on Dec. 28 and raised a total of £40.7 million...read more

New body language book might help in business, social decisions

For poker, Mike Caro started it all with his studies of the body language of poker. Years later, Joe Navarro and Phil Hellmuth dug into the subject deeper. Gamblers, businessmen, police interrogators, job interviewers, lawyers and military intelligence have applied many of the same principles for years...read more

Offer made for MGM Mirage shares

In an effort to jump-start the company's sagging stock price, MGM Mirage and joint venture partner Dubai World said Wednesday they are offering to buy up to 10 million shares of the casino operator's stock for between $75 and $80 a share. Dubai World, the investment arm of the Persian Gulf state of Dubai, now owns more than 19.5 million shares of MGM Mirage, which is approximately 6.7 percent of the casino company...read more

Insights: The US-Antigua WTO Settlement

Nearly five years have passed since Antigua first complained to the World Trade Organization about America's interactive gambling policy. As the case ensued, the WTO ruled that the United States gives preferential treatment to domestic service providers in violation of an international trade agreement, and it advised the country to bring its policy into conformity with the agreement...read more

Paddypower caught drinking Obama Kool-Aid

It doesn't happen often, but Irish sportsbook Paddypower got caught with its pants down. The popular online betting site decided Senator Barack Obama was a lock to win the Democratic nomination after winning the Iowa Caucus last week and began paying off bets on him Monday -- the day before Senator Hillary Clinton won the New Hampshire primary. Paddypower sheepishly concedes on its election microsite that the decision to pay off Obama bets to win the Democratic nomination was "a little premature." But in an impressive piece of spin control, they're claiming credit for Clinton's victory. "Hillary Clinton must have taken the brash move to heart," Paddypower said on its Web site...read more

WMS Industries board adds new member

LAS VEGAS, Nevada -- Former Gaming Control Board member Bobby Siller was named on Monday to the board of directors of slot machine maker WMS Industries. Siller, 63, spent eight years on the Gaming Control Board, leaving Dec. 31, 2006, when his second four-year term expired...read more

Top-10 Phil Hellmuth moments on YouTube

10. "I was just praying." The young -- and still humble -- Phil Hellmuth said this after his pocket nines held up against Johnny Chan's Ace-7 in the final hand of the 1989 WSOP Main Event, making him the event's youngest champion at 24...read more

Heard it on the river: A look ahead to the New Year

Media world likes to focus on the events of the past year, but with the 2007 we had, who wants all that bad news rehashed. I, for one, have had enough of Iraq, daily bombings, Britney Spears, all celebs, steroids and HGH, global warming, Hillary and the rest of the wannabes, higher taxes and gas prices, food and toy recalls….when will all this insane stuff subside...read more

Pot-Limit Omaha; Collecting playing Cards new and cool

Those who have a need for a good book on pot-limit Omaha poker will be finding gold in Jeff Hwang's fresh work, Pot-Limit Omaha: The Big Play (332 pages, paperbound $14.95). Meanwhile those who wonder what that old deck of playing cards found in the attic or in an old cigar box is worth should enjoy Mark Pickvet's Collecting Playing Cards -- Identification and Value Guide (239 pages, paperbound, $24.95). Hwang, an investment analyst who writes about the gaming industry for the Motley Fool, is a semi-pro player who loves to play "action game" Omaha and has written this work to fill the information gap for smaller stakes pot-limit Omaha (PLO)...read more

California tribes clash over new slots

CALIFORNIA -- California voters are being asked to approve an expansion to the nation's largest Indian gaming market. But a pair of Indian tribes that own two of the state's largest gambling halls are among the opponents fighting the proposals that could add 17,000 slot machines to four existing Southern California casinos. The opposition to the proposals has left Nevada's slot machine manufacturing industry on the sidelines and in a quandary. Game makers would love to undertake efforts and help ensure passage of the four initiatives, which are part of the state's Feb...read more