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Howard Stutz Gaming Guru - Page 270Record payday for Michelle17 July 2008
LAS VEGAS, Nevada -- Tiffany Michelle spent the past three years as part of the large contingent of poker media covering the World Series of Poker.
This year she decided to get into the game.
Michelle didn't achieve her goal of becoming the first woman to ever win the World Series of Poker's main event, the $10,000 buy-in No Limit Texas Hold'em World championship at the Rio. ... (read more)
Shuffle Master retains CEO17 July 2008
LAS VEGAS, Nevada -- Gaming equipment provider Shuffle Master said Monday it gained commitments for $60 million in bank financing that could grow to as much as $80 million.
The company also said that it has extended its contract with Chairman and CEO Mark Yoseloff through October 2009. The employment ... (read more)
A well-earned break16 July 2008
LAS VEGAS, Nevada -- If Dennis Phillips had his way, he would have retreated to his hotel room early Tuesday morning and caught a few hours of sleep. The 53-year-old commercial trucking company manager would have then got up, put on a clean shirt, returned to the Rio and sat back down in his seat behind ... (read more)
Stocks take hit14 July 2008
NEW YORK -- Wall Street did not react well to Thursday's news that Nevada's gaming win dropped by the largest percentage amount in 24 years.
The 15.2 percent statewide slump in gaming revenues in May pummeled stock prices of the largest casino operators.
Gaming analysts expected casino revenues ... (read more)
After wild ride, stocks of casino companies up14 July 2008
LAS VEGAS, Nevada -- Gaming stocks on Friday recovered some of their value that was lost the previous day when both Nevada and Atlantic City reported disappointing monthly gaming revenues, panicking an already jittery investment community.
Wynn Resorts Ltd. took shareholders on a wild ride Friday, a ... (read more)
Inside gaming: For Penn, breaking up not so hard to do14 July 2008
LAS VEGAS, Nevada -- Wall Street is giving Penn National Gaming a fresh look after the casino operator's $6.1 billion private equity buyout collapsed July 3.
The company, which operates 19 casinos and racetracks in regional markets, is flush with money thanks to a $225 million all-cash breakup fee and a $1.25 billion interest-free loan from its former suitors. ... (read more)
Cell phone ban may be lifted11 July 2008
LAS VEGAS, Nevada -- Cellular telephones may soon be allowed inside Nevada's race and sports books after the Gaming Control Board on Thursday recommended repealing the regulation banning their use.
The Nevada Gaming Commission will make a final ruling at a later date.
The decades-old ban was ... (read more)
Nevada gaming board OKs Lucky's10 July 2008
LAS VEGAS, Nevada -- Race and sports book operator Brandywine Bookmaking received initial regulatory approval Wednesday for its first Las Vegas operation.
The company, which opened locations last week in Reno and Elko, plans to take over operations of the Plaza's race and sports book on Aug. ... (read more)
Prize pool richest ever for Harrah's poker series10 July 2008
LAS VEGAS, Nevada -- The 2008 World Series of Poker is officially the largest and richest in the tournament's 39 years.
Harrah's Entertainment, which owns the event, said Wednesday a record 58,720 entries -- an 8 percent increase from 2007 -- were taken for the 55-event, 47-day poker tournament at the Rio. ... (read more)
Chipping away9 July 2008
LAS VEGAS, Nevada -- It took four days to eliminate nearly half of the competition in the World Series of Poker's main event. Sometime early Thursday morning, between 1,800 and 2,000 poker players will be left in the running for the top prize of $9.12 million.
A field of 6,844 players entered the $10,000 buy-in No Limit World Championship at the Rio on Thursday. ... (read more)
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