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Station Casinos launching free online gaming site, Ron Sylvester at LasVegasSun

Station Casinos launching free online gaming site, Ron Sylvester at LasVegasSun | Poker & eGaming News | Scoop.it

The owners behind Station Casinos, Fertitta Interactive, in Las Vegas are launching a free online gaming site on Friday June 22, beginning with a Facebook poker game the developer calls the most authentic experience in cyberspace. The play-money offering will be used to promote real-money gaming when it becomes legal.

 

UFC fights have the potential to reach 1 billion homes in 148 countries, with a predominantly male audience that is also drawn to online gaming. It is almost the same demographic as online poker.

 

UFC has a community of 8 million on Facebook and 2.4 million Twitter followers. Ultimate Gaming plans to launch a mobile application later this year. All the games are being developed by CyberArts, a company Fertitta Interactive bought last year.

 

Other sources:

http://www.gaming-awards.com/NEWS/archives/10775

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PokerStars & Full Tilt Poker announcement end of May, iGaming Post

PokerStars & Full Tilt Poker announcement end of May, iGaming Post | Poker & eGaming News | Scoop.it

Having finalized the repayment structure we are told that the next step would be an announcement by the DOJ that both companies will be allowed to apply for licenses within the US, when and if this is made legal.

 

Wynn had originally agreed to partner with PokerStars to offer a poker product to Nevada residents when the online product is legalized in the state and even though Wynn pulled out after Black Friday there will almost certainly be some renewed interest if PokerStars is given immunity. Full Tilt were previous to Black Friday going to partner with Station Casinos. PokerStars would now have a couple of major partnerships already lined up and it seems just a matter of time before Nevada does legalize online poker.

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Station increases operating margin to 31%, Station Casinos

The Company's consolidated net revenues for the first quarter ended March 31, 2012 were approximately $318 million, an increase of 8.4% compared to the prior year of $293 million.

 

Consolidated EBITDAM for the first quarter was $97.8 million, an increase of 20.9% compared to the prior year of $80.8 million. As a result, the Company posted an EBITDAM operating margin of 31.1% as compared to 27.8% in the prior year first quarter, a 330 basis point increase. “Our first quarter results were the best quarterly results we have achieved in three years. In addition to being able to drive significant revenue growth during the quarter, we were also able to bring 73% of the revenue increase to the bottom line,” said Falcone.

 

Station owns and operates Red Rock Casino Resort Spa, Palace Station Hotel & Casino, Boulder Station Hotel & Casino, Sunset Station Hotel & Casino, Green Valley Ranch Resort Casino Spa, Santa Fe Station Hotel & Casino, Texas Station Gambling Hall & Hotel, Fiesta Rancho Casino Hotel, Fiesta Henderson Casino Hotel, Wildfire Rancho, Wildfire Boulder, Wild Wild West Gambling Hall & Hotel, Gold Rush Casino and Lake Mead Casino.

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