Featured Articles Archive - Page 596

The Reel Life

Summer slot players heat up at Bodog Several online gamblers walked away from their computer screens with fistfuls of Bodog Casino's money this week. Edward L. didn't win the most, but he did win twice in two days. First he took the Joker Poker slot machine for $11,636 then grabbed $5,700 from the Diamond Mine Deluxe...read more

Bally expecting to reverse 2006 losses

LAS VEGAS, Nevada -- Bally Technologies told Wall Street on Tuesday that it expects to reverse a net loss from 2006 when the company reports its fiscal year 2007 earnings. The Las Vegas-based slot machine maker has spent the past 24 months restating earnings dating back to 2005. The company plans to file its year-end report in September for the fiscal year that ended June 30...read more

Online gaming sites look to comply with U.K. ad rules

Online gaming sites looking to comply with the U.K.'s new advertising guidelines are taking two different routes – moving their bases of operation or trying to get their jurisdiction approved. More than 1,000 online gambling firms will not be allowed to advertise in the U.K...read more

NETeller ready to focus on Europe, Asia

NETeller announced Monday that it will be focusing on growth in Europe and Asia now that the investigation into its former U.S. operations has been settled. "The settlement represents a certain outcome that enables the company to refocus its efforts on building and strengthening the NETELLER business outside of North America into the growing markets of the European and Asia Pacific regions," said NETeller Chairman Dale Johnson at the payment processor's annual meeting...read more

WPT adds online casino offerings

The World Poker Tour expanded its online gambling offerings yesterday when it signed a software agreement with Cryptologic to provide Las Vegas-style casino action in addition to its themed online poker room. "It is important (to the WPT) to offer a superior casino experience with integrity and innovation," said Steven Lipscomb, WPT president and CEO...read more

Bodog's Random Number Generator certified

Bodog Poker's Random Number Generator (RNG) was certified by the U.K.'s Gaming Associates this week, ensuring that each hand dealt was completely random and virtually impossible to predict. "We've always prided ourselves on being the safest, most secure and customer service driven company in the industry," Bodog Entertainment Founder Calvin Ayre said...read more

Gambling technology: Casting an i to the future

Bally Technologies CEO Richard Haddrill isn't waiting around for the much-anticipated slot machine replacement cycle to kick in or the expected influx of server-based games to invade casino floors. His company, a Las Vegas-based gaming equipment provider, is instead using its systems division as a step toward improving revenue. Boosted by recent sales of the iView slot machine technology to individual casinos and gaming companies with multiple gambling halls, Bally Technologies is fortifying its corporate revenue stream. In July, Bally announced three agreements to place iView, a multiple-use slot machine enhancement product, at casinos from San Diego to Connecticut...read more

LV Sands executive touts Venetian Macau

LAS VEGAS, Nevada -- The opening of the $2.4 billion Venetian Macau this month will encapsulate a 10-year period in the history of the Strip in one swoop, Las Vegas Sands Corp. President Bill Weidner said Thursday. The 3,000-room hotel-casino opens Aug...read more

GoldenCasino.com's Aces & Faces

GoldenCasino.com's Aces & Faces is a fun and relatively straightforward video poker game. You need Jacks or better to win at the pair level. And it has separate payouts on the quads level for aces, faces and numbers. The best feature of this game, by far, is the double-up...read more

Herbst revenue jump goes up in smoke

LAS VEGAS, Nevada -- Herbst Gaming boosted its revenue during the second quarter, thanks largely to the addition of three casinos in Primm. However, tough anti-smoking laws covering grocery stores, convenience stores, restaurants and taverns continued to hurt revenue from the company's slot machine route operations. Herbst Gaming, one of Nevada's largest slot route operators with 7,200 slot machines in 700 locations, reported a net loss of $1.35 million in quarter ended June 30, as opposed to net income of $11.3 million a year ago. Overall, revenue generated by the company's 16 casinos in Nevada, Iowa and Missouri and its Nevada route operations was $231.6 million in the quarter, up 36.5 percent from $147 million in the same quarter a year ago. However, revenue from the route operations was $71.7 million in quarter, down 21.3 percent from $87 million a year ago...read more