Featured Articles Archive - Page 638

D'Amato to participate in PPA Webcast

Former Senator Alfonse D'Amato will participate in a video Webcast with the Poker Players Alliance next Thursday. D'Amato, who signed on as chairman of the PPA a month ago, will update members on what the PPA is doing to fight for online poker players' rights...read more

Four Great Poker Classics You Should Have Read By Now

More than you'd imagine, one generation of poker players has a lot to do with creating a new wave of participants. Sometimes it's by word of mouth, that powerful form of what's called "verbal promotion." An example is a Broadway show given lukewarm reviews or a movie which doesn't get the attention it needs to succeed...read more

Will the WTO ruling will affect U.S. Internet gambling policy?

Last week, the World Trade Organization ruled that the United States was violating the General Agreement on Trade and Services (GATS) by allowing Americans to make interstate bets on horse races over the phone or on the Internet with American racebooks while denying qualified foreign entities access to the U.S...read more

MARKETPLACE: Big plunges and small gains

LAS VEGAS, Nevada – For the second straight month, the stock performances of two gaming operators threw a blanket over the sector. During March, Wynn Resorts Ltd. and Las Vegas Sands Corp. had the highest decreases in their average daily stock prices of any of the nine companies tracked by Las Vegas-based financial consultant Applied Analysis when comparing the results from February. The 8 percent decrease by Las Vegas Sands and the 10 percent drop by Wynn Resorts, coupled with a nearly 8 percent dip by slot maker International Game Technology, sent Applied Analysis' monthly index to its biggest drop ever, 29.1 points...read more

MARKETPLACE: Bally, rhymes with rally

LAS VEGAS, Nevada – Poor earnings, decreased slot machine sales and a plunging stock price made Bally Technologies the gaming equipment sector's version of Rodney Dangerfield for the past three years. No matter what it tried, the Las Vegas-based slot machine manufacturer got "no respect" from Wall Street. Now, Bally Technologies is once again the industry's darling, viewed by gaming analysts and investors as a company that has returned from the doldrums financially and is ready to grab some of the worldwide slot machine market share -- estimated to be in the high 60 percent range -- now controlled by industry giant International Game Technology. An annual survey of the slot machine industry, conducted recently by the Goldman Sachs investment firm, found that casino slot floor managers universally regard Bally's new gaming machines as some of the better products coming into the market...read more

AGA releases "Facts at Your Fingertips"

Recently, the American Gaming Association (AGA) released a new publication entitled "Facts at Your Fingertips", a must read publication for anyone involved in the gaming industry. In a comprehensive fashion, the publication dispels many of the common misperceptions about the industry, and provides readers with an overall perspective on the various forms of gaming conducted in the United States. Facts at Your Fingertips begins with an overview on the five different types of legalized gaming in the U.S...read more

Rebecca's Recommendations - March 30, 2007

San Francisco has got to be one of my all time favorite cities in the world. Where else can you go for a five mile run and pass through a Spanish neighborhood, a very, very, very gay neighborhood and a hippie dreadlock neighborhood? Nowhere! Incredible...read more

Diary of a female poker player

A typical Sunday for me and missus involves her trying to get me to do something productive and me sleeping until 2 p.m. It's a lame little existence, but it's mine. Not this Sunday. The hairdryer was blaring at 6:45 a.m. with Chrissy primed to play in the $300 ladies-only event at Foxwoods...read more

BetonSports.com founder arrested

BetonSports.com founder Gary Kaplan was arrested on Wednesday in the Dominican Republic. Kaplan, who was indicted by a federal grand jury in the Eastern District of Missouri on June 1, 2006, faces 20 felony charges, including violating the Wire Act, racketeering, interstate transportation of gambling paraphernalia, interference with the administration of the IRS and tax evasion. "This was a worldwide search, and thanks to the assistance of many law enforcement agencies this fugitive will soon be back in St...read more

CFO of Station Casinos retires

LAS VEGAS, Nevada – Glenn Christenson, Station Casinos' longtime chief financial officer, will retire today from the gaming company. Christenson, 57, said late Thursday that the timing to leave his position after 17 years seemed logical; Station Casinos is in the process of converting from a publicly traded casino operator to a privately held business through a $5.5 billion private equity buyout by its founding family and a unit of real estate firm Colony Capital LLC. The deal, which awaits shareholder and regulatory approval, is expected to close this year. "From the standpoint of a chief financial officer, there really isn't much left to do," Christenson said...read more