Featured Articles Archive - Page 702

$2.6 Million Poker Room to Open at The Venetian

The Venetian's third attempt at operating a poker room might be the charm -- but also the most expensive. The Strip casino joins the realm of Las Vegas resorts adding space for poker players Sunday when it unveils an 11,000-square-foot poker room near the race and sports book. When The Venetian opened in 1999, the property operated a small poker room that quickly closed due to lack of interest...read more

Gaming Stocks Continue Up; Some Surpass All-Time Highs

LAS VEGAS, Nevada -- Gaming stocks continued their upward trend in March, with some companies surpassing or nearing all-time high price levels. Las Vegas-based Applied Analysis, a financial consulting firm that tracks nine major gaming companies for an industry index, said healthy fundamentals within the gaming sector have contributed to the upward swing. The company's gaming index finished the month at its highest level ever...read more

Offers For Aztar Just Not Enough

Gaming observers said Friday they believe Las Vegas-based Pinnacle Entertainment will have to increase its $2.1 billion offer to buy Aztar Corp., or settle for about $55 million in compensation to walk away from the deal and potential ownership of the Tropicana. Pinnacle's signed deal of $38 a share for Phoenix-based Aztar was apparently trumped by Colony Capital, a privately held real estate investment firm that owns six casinos through Resorts International, including the Las Vegas Hilton. The Wall Street Journal reported on its Web site Thursday that Colony Capital had offered $41 a share for Aztar, a deal worth $2.25 billion, sending shares of Aztar up nearly 9 percent. Nothing has been publicly disclosed about the proposal...read more

Poker Players Alliance Gives Poker Enthusiasts Voice to Oppose Congressional Legislation

Approximately 70 million Americans from every segment of the population play poker. Recent legislation introduced on Capitol Hill, however, could affect the ability of the American public to play poker online, and poker players are starting to flex their collective muscle, joining together to form the Poker Players Alliance (PPA). Formed less than a year ago, the PPA is already over 20,000 members strong...read more

ATR and UK Racing Settle Media Rights Case; Industries Look to Future

A High Court dispute between Britain's two dedicated horse racing television channels ended last week when At The Races agreed to accept £1 million to settle its complaint against Racing UK. At The Races had actually sought a sum of £55 million from the 30 race courses that now constitute Racing UK after the courses bailed out of the first failed At The Races venture, but the case had not proceeded as At the Races had planned and Racing UK had launched a counter-claim against At The Races for £200 million...read more

Rebecca's Recommendations - March 31, 2006

Welcome back. Happy Friday! I am very excited to deliver my news for the week because it involves a special inside scoop for Casino City players, FREE offers for everyone, and information about a very good cause that you can participate in...read more

Talking Poker With Mike Sexton

Growing up during the Baywatch years made meeting Carmen Electra an obvious highlight in the life of this 24-year old poker reporter, but chatting with Mike Sexton at the opening of Foxwoods Resort Casino's new World Poker Tour Poker Room was far and away the best part of my day...read more

Varkonyi "Runs Away" with Extreme Poker Title in Arctic Circle

KEMI, Finland - Robert Varkonyi, the 2002 World Series of Poker Main Event Champion, won InterPoker.com's latest Extreme Poker Challenge on Wednesday, beating Finland's Juha Helppi in a tournament played outside in sub-zero temperatures. Helppi, who won the first Extreme Poker title under water in the Caribbean Sea, chose the venue for the event, opting for a home ice advantage in his native country. Players who lost all of their chips early in the tournament could rebuy by trading in their coats, and Varkonyi used his rebuy just three hands into the tournament after going bust against online qualifier Daniel Stein...read more

Billions Urged for Casinos in Singapore

SINGAPORE -- Singapore's first casino could become one of the most expensive gaming projects ever constructed, based on statements released Thursday by two of the four companies competing to build a resort complex on a 50-acre waterfront location near the financial district. Las Vegas Sands Corp...read more

Slot Game Makers Bet on Technology

LAS VEGAS -- Slot machines based on "Wheel of Fortune" and "Men in Black" are apparently going to be around for awhile. A recent survey of slot floor managers by a Wall Street investment house shows casinos are reluctant to replace and update gaming machines that aren't more than a few years old. Still, enhanced gambling technology could turn around equipment manufacturers' slumping sales revenue -- but that isn't going to happen this year. Slot companies are developing downloadable gaming technology where slot supervisors would be able change the game content on a bank of machines with a few clicks of a computer mouse...read more