Featured Articles Archive - Page 609

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

NETeller buys minority stake in Centricom

NETeller completed its acquisition of a minority stake in Australian payment processor Centricom this week. The $4 million deal gives NETeller a seat on the board and significant foothold in Australia and the Asian Pacific markets. Centricom operate the POLi e-wallet in Australia and New Zealand...read more

Quick-takes: The month's trends in a glance – July 2007

The raging battles make the news frequently. The stories usually come from Iraq, Afghanistan, Gaza or Lebanon and they are about the fierce fight for the hearts and minds of the citizens of the subject country. But those are not the only battles that make the evening news or affect the price of stock on Wall Street...read more

The Reel Life

Vernon owns Bodog Bodog made Veron S. of Maryland a rich man this week. First he grabbed a $31,670 prize on the Realms of Riches machine then hit the machine again two days later for another $31,417 payday! He topped it off with a $7,660 hit on the Crystal Waters offering...read more

Betfair sending players to WSOP Europe

Betfair Poker is sending players to the inaugural World Series of Poker Europe by offering online satellites to the London event for as little as $3.15. Guaranteed $23,000 WSOPE package tournaments are running every Wednesday, Friday and Sunday at Betfair...read more

U.K. advertising policy to effect 1,000 online gaming sites

More than 1,000 online gambling firms will not be allowed to advertise in the U.K. after the 2005 Gambling Act takes effect on Sept. 1, according to a statement released last week by the U.K.'s Department for Culture, Media and Sport. In addition, sites from jurisdictions approved by the U.K., also know as white-listed jurisdictions, will only be allowed to advertise after 9 p.m...read more

How to do Tel Aviv, Montreal and Washington DC in 2.5 Weeks

Yes, yes I know. Here we go again. This time I'm really in for a treat...1.5 weeks in Tel Aviv, straight to CAC Montreal, and finally, off to Washington DC for a wedding. This isn't just any wedding, mind you...I am responsible for this marriage and agreed to prepare a nice little speech for the rehearsal dinner...read more

PartyGaming stock nears all-time low

PartyGaming stock closed at 27 pence yesterday, its lowest close since one month after the American government signed the UIGEA into law and prompted the once mighty online gaming company to exit the lucrative U.S. market. After opening at 129 pence per share on June 27, 2005, the stock has been on a roller coaster that mimics the industry itself, reaching a high close of 176 pence on July 28, 2005 and a low of 26 pence per share in December of the 2006...read more