Featured Articles Archive - Page 639

Nevada Landing shuts down early

LAS VEGAS, Nevada -- MGM Mirage closed the Nevada Landing in Jean almost a month earlier than it originally planned. Company spokesman Gordon Absher said Thursday the small casino ceased operations on March 20 because the vast majority of the property's 300 employees had found new jobs with other MGM Mirage properties. Almost half of the workers moved across Interstate 15 to the company's Gold Strike casino. MGM Mirage announced in February it was closing the Nevada Landing as part of master-planning redevelopment of the 166 acres the company owns in Jean, which is 25 miles south of Las Vegas. MGM Mirage entered a joint venture partnership with two Las Vegas developers to turn the land into a community that features affordable housing, commercial businesses, shops and a new hotel-casino. The 303-room Nevada Landing, which had been scheduled to close on April 18, will be demolished as part of the undertaking...read more

Manufacturers keeping eyes fixed on Kansas

LAS VEGAS, Nevada -- Kansas is emerging as the next gaming battleground. Both houses of the state's Legislature this week approved a bill authorizing the Kansas to license four stand-alone casinos and three slot machine-only casinos at racetracks...read more

WTO rules against U.S. in Internet gambling case

The World Trade Organization ruled in favor of Antigua and Barbuda in its complaint against the United States in an Internet gambling case today. The ruling rejects a U.S. appeal of an earlier ruling in Antigua and Barbuda's favor. Antigua and Barbuda initiated the dispute in 2003, asserting the U.S...read more

Riviera Holdings Corp. rejects latest buyout offer

LAS VEGAS, Nevada -- Riviera Holdings Corp. late Wednesday rejected a $336.4 million buyout offer from a high-profile investment group that is the company's largest shareholder. The rejection marked the second time in 12 months the consortium has lost out on acquiring the 52-year-old Riviera and its prized 26-acre north Strip land parcel. In a statement, Riviera Holdings said it couldn't accept the offer of $27 a share, made by Riv Acquisition Holdings on Monday, because the group can't seek a deal under Nevada law...read more

Brunson's 'Memorable' book; Livingston's 'Wit' both good reads

How he remembers them I don't know, but the man is a legend, so why worry? My Most Memorable Hands by Doyle Brunson (161 pages, paperbound, $14.95) is colorful, historical and informative. For those who enjoy reading short, witty quotes and philosophical says from throughout history and from players everywhere, will find hundreds of them in A.D...read more

WSOP: No plans to punish Gold for rule infractions

Jamie Gold will not be punished retroactively for violating rules during the 2006 World Series of Poker Main Event, WSOP officials announced today. Gold told the New York Times in February that he violated WSOP tournament rules by exposing a hole card during one hand and informing an opponent on another hand that he had "top-pair, top-kicker" after his opponent had bet...read more

Adventures in depositing

American poker players looking to fund their online accounts should look no further than their local Walmart. MoneyGram, a money transfer service available worldwide and featured at the retail giant Walmart, can be used to fund PokerStars accounts...read more

Investment group launches second run at Riviera

LAS VEGAS, Nevada – For the second time in 12 months, a high-profile private investment group, which includes the founder of Starwood hotels and a Las Vegas real estate developer, is trying to acquire the parent company that owns the Riviera. Riv Acquisition Holdings, which controls about 20 percent of Riviera Holdings Corp., offered Monday to pay $27 a share for the outstanding shares of the company, which controls the 52-year-old Strip property and a slot machine casino outside Denver. In a letter to the Riviera board of directors, filed with the U.S...read more

Planet Poker suspends real-money play

Planetpoker.com, the Internet's first real-money card room, will suspend their cash game play beginning March 31. The company said it was closing because of payment processing issues related to the Unlawful Internet Gambling Enforcement Act, according to press release...read more

Nevada commission finds MGM Mirage venture suitable

LAS VEGAS, Nevada – (PRESS RELEASE) -- Nevada gaming commissioners said they had questions and concerns going into Friday's suitability hearing on the relationship between MGM Mirage and its Chinese business partner in a $1.1 billion casino under construction in Macau. By the end of the four-hour meeting, however, the complex legal issues were given enough debate so that the Nevada Gaming Commission was comfortable in approving the suitability of the business venture between the gaming industry's second-largest casino operator and the daughters of a controversial Chinese billionaire. The five-member commission unanimously approved Las Vegas-based MGM Mirage's involvement with Pansy Ho in the MGM Grand Macau, a 50-50 joint venture that is expected to open by the end of the year...read more