Featured Articles Archive - Page 607

Wild jokers add to video poker fun

Super Slots Casino's Multi-Hand Double Joker video poker game is easy to pick up and hard to stop playing. Game play is relatively easy. You can play up to four hands. There's one draw. Jokers are wild. And the pay table is easy to understand...read more

PPA names John Pappas new executive director

The Poker Player's Alliance (PPA) named John Pappas as its executive director Thursday. The move coincides with the PPA's decision to move its headquarters from San Francisco to Washington D.C. Pappas will replace PPA President Michael Bolcerek, who oversaw the organization's rise to more than 660,000 members...read more

MGM Mirage, union land deal

LAS VEGAS, Nevada -- Culinary Local 226 and the MGM Mirage reached a tentative agreement on a new five-year contract late Wednesday covering some 21,000 workers at 10 hotel-casinos. The deal was struck at 8 p.m. after a 10-hour bargaining session, the first time the two sides had met in almost two months...read more

Dubai buys into Las Vegas Strip

LAS VEGAS, Nevada -- MGM Mirage's $5.1 billion deal to sell half of its CityCenter development and a nearly 10 percent stake in the casino operator to Dubai World, a holding company for the Persian Gulf state, is more than just another joint venture investment. Company Chairman Terry Lanni believes the transaction, announced early Wednesday, may be the single-most significant event in MGM Mirage's history, eclipsing in importance the $6.4 billion buyout of Mirage Resorts in 2000 and the $7.9 billion purchase of Mandalay Resort Group in 2005. Lanni said the transaction, in which Dubai World will invest $2.7 billion into CityCenter and $2.4 billion to acquire more than 28 million shares of MGM Mirage stock, brings the company a long-term partner with an interest in enhancing the company. The deal also gives MGM Mirage access to the relatively untapped market of Dubai, which attracts wealthy visitors from Russia, India and Middle Eastern countries...read more

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