Featured Articles Archive - Page 601

The War of the Blogs: Can you handle the truth?

ICE London, 2006: Calvin and I met for the first time. It is amazing what people will believe in the media. In our little online gaming world, it is even more amazing what people will believe when they read gossip on forums, blogs, and of course, Gambling 911...read more

Ameristar shares jump amid speculation

LAS VEGAS, Nevada -- A filing with the Securities and Exchange commission by the majority shareholder of Ameristar fueled speculation on Wall Street Monday that the Las Vegas-based casino operator is up for sale. The estate of company founder Craig Neilsen, who died in November 2006, said Monday it might pursue one or more strategic alternatives for its nearly 55 percent stake in the casino operator. Neilsen's estate owns 31.5 million shares of Ameristar, which is traded on the Nasdaq National Market...read more

HEARD IT ON THE RIVER: Casino City's Gaming Almanac is an essential tool for gambling enthusiasts

MICHAEL CORFMAN, a gentleman from Newton, Mass., just outside Boston, who has been a big help to me and the GOODTIMES RADIO SHOW, has a hugely popular internet site called CASINO CITY TIMES and another called CASINO CITY PRESS. One of the off-shoots of these enterprises is Casino City's NORTH AMERICAN GAMING ALMANAC and CD, which contains almost 600 pages on the North American gaming market, including profiles for each state and Canadian province. If you are in the casino industry or do business with it, it is a must buy...read more

Absolute Poker responds to charges of insider cheating

With charges of insider cheating and security breaches still swirling around Absolute Poker, Absolute's owner attempted to set the record straight Sunday by releasing a statement addressed to its players. "The integrity of our poker system was compromised by a high-ranking trusted consultant employed by AP whose position gave him extraordinary access to certain security systems," said Joe Norton, the former Grand Chief of the Mohawk Territory of Kahnawake and the owner of Tokwiro Enterprises ENRG, which holds a 100% interest in Absolute Poker. "Like you, I have not been happy that during the initial stage of our investigation, AP has not been more forthcoming in providing a timely or comprehensive explanation on this matter, giving rise to anger, suspicion, and concern on the part of our valued customers," the statement read...read more

Government wants its slice of the action

LAS VEGAS, Nevada -- The Internal Revenue Service said Friday it will now require casinos and sponsors of poker tournaments to file paperwork when a player wins $5,000 or more. Several Las Vegas casinos operators said they already handle business in the way the IRS is requiring. Putting the rule into writing, however, ensures that all casinos, including riverboat and regional gambling halls, will report poker winnings uniformly. "It streamlines the process so that everybody across the board does things in the same way," said Las Vegas Sands Corp...read more

Top-10 Gambling Books

10.) Roll the Bones: The History of Gambling By David Schwartz This is the definitive tome on the gambling's lost history. It traces gambling roots from its ancient beginnings in Africa and Asia to its current incarnations on the Internet, and details everything in vivid and captivating prose. 9.) Dead Man's Bluff By James Swain The lone fiction book to make our list is a classic mystery novel that focuses on a blind poker player named Skip DeMarco, who attempts to scam the world's largest poker tournament in Las Vegas. 8.) The Greatest Gambling Stories Ever Told: Thirty-One Unforgettable Tales of Risk and Reward By Paul Lyons This is a compilation of 31 gambling stories that end in both success and failure...read more

Dubai World arm closes stock placement

DUBAI AND LAS VEGAS, Nevada -- The investment arm of the Persian Gulf state of Dubai now controls 4.8 percent of MGM Mirage. A previously announced private placement of 14.2 million shares of MGM Mirage was completed Friday by a subsidiary of Dubai World...read more

Playing it Smart: Why rational people may be irrational gamblers

Lots of people are rational lots of the time. They can and do weigh available information, distinguish fact from fancy and opinion, find flaws in specious logic, and infer whether serial phenomena are linked by cause and effect, correlated in other ways, or just coincidental...read more

Angles, habits, facts focus of three new horse bet books

Savvy horseplayers continuously prowl the universe for new ideas, an angle, fact, a statistics that can make them smarter or more confident in their research and at the betting windows. Sadly, though, it's getting quite rare to see anything new on betting thoroughbreds...read more

The Reel Life

Imperial Casino player comes up aces Imperial Casino announced this week that a single player had won a jackpot of $21,344.90 while playing Space Ace. The player, who wishes to remain anonymous, won while playing the 25-cent variation of the game...read more