Featured Articles Archive - Page 732

Shuffle Master Hopes New Card Tourney Builds Cachet

If a national championship works for Texas hold'em, it could work for Three Card Poker, or so Shuffle Master Gaming hopes. Shuffle Master on Monday announced plans for a national Three Card Poker championship. The company hopes the tournament will attract a following the way the World Series of Poker and other televised Texas hold'em tournaments have. Through its subsidiary, Shuffle Up Productions, several regional qualifying events are planned, with the championship scheduled for Nov...read more

New Face of Gaming: Slots Gain Local Ace in Agassi

For professional tennis star Andre Agassi, image has been everything. Beginning today, the lifelong Las Vegas resident's image will be emblazoned on slot machines that will soon be in casinos throughout Nevada and eventually in other gaming jurisdictions...read more

Harrah's-Caesars Merger: Nevada Hearings Will Wait

Nevada's gaming regulators will have to wait a few extra days before deciding if Harrah's Entertainment can acquire Caesars Entertainment for $9.4 billion. The Federal Trade Commission won't make a decision on the antitrust matters surrounding the Harrah's-Caesars merger until Wednesday at the earliest...read more

Ameristar Produces Page-Turning Report

LAS VEGAS -- At first glance, it appears to be an issue of Rolling Stone magazine with a lead article about gambling. A cover photo of a half-dressed Marilyn Monroe look-alike, blanketed only in $500 and $100 casino chips and smiling seductively from a bright red bathtub, entices readers inside. Only in this publication, the editorial content is completely one-sided. Las Vegas-based Ameristar Casinos has gained a reputation for producing annual reports that are somewhat out of the ordinary, and the 2004 edition is no exception. While providing the necessary year-end corporate financial information and snippets about the company's seven regional casinos, Ameristar produced a 170-page glossy magazine-style periodical that in appearance mimics pop culture icon Rolling Stone. But company officials also hope the report gives readers an understanding of the company's philosophy. "In general, most companies take a conservative approach to their annual report," said Paul Eagleton, Ameristar's chief marketing officer...read more

Failed Laughlin Casino Deal Sparks Complaints

LAS VEGAS -- Poster Financial Group and Barrick Gaming Corp. have filed competing complaints in Clark County District Court over a $1 million deposit left in limbo after a deal to sell the Golden Nugget Laughlin collapsed this week. Barrick, owner of several downtown casinos, agreed in ...read more

MGM Mirage's Project in Macau under Way

MGM Mirage became the third Las Vegas-based casino operator to begin construction of a gambling complex in Macau when the company broke ground today on a 600-room hotel-casino in the Chinese gaming enclave. "Macau may be a small place, but it always thinks big," Terry Lanni, chairman and CEO of MGM Mirage, said Tuesday...read more

Shuffle and Deal: Series returns

The World Series of Poker is changing, and Harrah's Entertainment knows the poker world is watching. The 36th World Series, a seven-week long poker extravaganza, starts Thursday with the first of a record 45 scheduled events. The competition culminates July 15 when play begins at the final table of the $10,000 buy-in World Championship no-limit Texas hold'em match. Harrah's purchased the World Series of Poker last year along with the then-shuttered Binon's Horseshoe...read more

Understanding the WTO Decision: Part 2 of 2

Part 2 of "Understanding the WTO Decision" examines the United States' options for implementing the Appellate Body report as well as various scenarios U.S. representatives could encounter. View Part 1 Implementation Options Complete Allowance One scenario in which the United States could come into compliance with its GATS obligations on gambling is to alter the Wire Act, Travel Act and Illegal Gambling Business Act so that foreign-licensed remote gambling operations are no longer prohibited...read more

Pinnacle Opens Louisiana Casino

LOUISIANA -- Two weeks on the job and already Dan Lee had a problem. He'd just become chairman and chief executive officer of Pinnacle Entertainment when the Louisiana gaming authorities told him he'd have to devise a development plan for a 227-acre company-controlled land parcel in Lake Charles...read more

Landry Gets Two for One Deal

LAS VEGAS -- Poster Financial Group's sale of the Golden Nugget Laughlin to Barrick Gaming has collapsed, according to a filing with the Securities and Exchange Commission. Landry's Restaurants, which is purchasing the Golden Nugget Las Vegas from Poster Financial, is expected to gain the Laughlin property as well without putting up additional money. In its quarterly financial statement to the SEC, Poster Financial said Las Vegas-based Barrick Gaming terminated its November 2004 agreement to purchase the 300-room, tropical-themed hotel-casino on the Colorado River for $31 million...read more