Featured Articles Archive - Page 591

MGM Mirage attention turns to Atlantic City's boardwalk

LAS VEGAS, Nevada -- With its development plans on the Strip well in hand, MGM Mirage focused attention Wednesday on Atlantic City. The Las Vegas-based casino developer and operator announced plans for MGM Grand Atlantic City, a $4.5 billion to $5 billion resort development that would be the New Jersey gaming community's largest hotel-casino complex. MGM Mirage President and Chief Operating Officer Jim Murren didn't dissuade comparisons to the company's $7.4 billion CityCenter project on the Strip, but stopped short of giving the development the CityCenter moniker. "There is a lot of commonality in the development, such as cutting-edge design and architecture," Murren said...read more

Gaming revenue dips in Nevada during August

LAS VEGAS, Nevada -- Two days after the state teachers union floated a ballot initiative proposal calling for a 3 percent increase in Nevada's gaming tax, casino regulators said revenues earned by the state's gambling halls in August took a significant tumble. The Gaming Control Board on Wednesday said Nevada casinos reported a gaming win of $1.016 billion in August, a 4.4 percent decrease compared with $1.063 billion a year ago...read more

Dates are set for 2008 World Series of Poker

Just three months after Jerry Yang was crowned the 2007 World Series of Poker Main Event champion, Harrah's announced the 2008 event will be held from May 30 to July 17, 2008 at the Rio All-Suite Hotel & Casino in Las Vegas. "There's just so much interest in the World Series of Poker, and in poker in general, we felt it was necessary to at least announce the dates of the event as soon as possible," said WSOP spokesperson Gary Thompson...read more

Run-up in MGM stock stalls Dubai plan

LAS VEGAS, Nevada -- The recent run-up in the stock price of MGM Mirage all but doomed an attempt by the investment arm of the Persian Gulf state of Dubai to acquire almost 10 percent of the Las Vegas casino operator. Infinity World investments, a wholly owned subsidiary of Dubai World, said Tuesday it was only able to acquire a tiny fraction of the 14.2 million shares of MGM Mirage the company had planned to purchase. The tender offer ended Friday and Infinity World said it acquired 348,903 shares of MGM Mirage for $84 a share, about 0.1 percent of what it hoped to attract...read more

Unique book focuses solely on Texas Hold'Em starting hands

Just when you wonder if any new poker book will focus on what key area of Hold'em for the first time or better than any other work, it happens. Robert and William McCauley of Kirkland, WA, two serious players with more than a century of poker experience between them, have produced one of the beautifully-designed books ever, titled Texas Hold'em -- A Starting Hand Strategy for Internet & Live Play (259 pages, paperbound, $36.) Although it demands a somewhat hefty price, you'll see why when you discover it's loaded with color-coded charts covering virtually every possible situation a player might find himself in, and packed with tables, rationale and explanations in eight chunky chapters in 9x10 format...read more

The Reel Life

The Reel Life isn't sure how its supposed to refer to the Bodog slots anymore. Are they Bodog slots or Bodog Life slots? Either way, it was a busy weekend for this set of winners, according to Bodog Beat: Sarah J. won $27,175 while playing Joker Poker, an online video poker game...read more

Food Fight!

Vegas Casino Online's Food Fight is a five-reel nine-line online slot that actually allows players the ability to throw pies for money if they activate the bonus game feature. Score all three "pie icons" in one spin and they combine to activate the bonus game where players throw pies until they miss for a chance to win more than 3,900 coins...read more

Shiny new fixture for the future

LAS VEGAS, Nevada -- After operating the MGM Grand Detroit for several years in a refurbished downtown building that once housed the Internal Revenue Service, MGM Mirage executives tired of calling the casino a temporary property. "We started referring to it as our 'interim facility,' " MGM Mirage President Jim Murren said Monday...read more

Heard it on the river: Proposed Myriad Botanical Resort still in question

Wish I had some news on the progress of the hoped for birth of MYRIAD BOTANICAL RESORT that has been proposed for Tunica but the project has been scaled back. According to a report in the Memphis Commercial by David Flaum, who is an excellent business reporter, the owners say the former plans are not realistic...read more

McKenna's Beyond Traps; Stann's Hollywood Blackjack provoke thought

If you enjoyed James McKenna's Beyond Tells you'll appreciate his focus in Beyond Traps -- The Anatomy of Poker Success (234 pages, paperbound, $15.95). Too, if you want an offbeat approach to beating 21, Hollywood Dave Stann's Hollywood Blackjack (179 pages, paperbound, $19.99) makes for some fast-paced, colorful reading. Since poker is a hotter game right now than 21, let's look at McKenna's book first. The author, a practicing individual and group therapist for more than 30 years, lives in Missouri and has found yet another area where some books barely tickle the surface on the subject of traps...read more