Posts Tagged ‘Marc Falcone’

Online Poker Is Here (in Nevada)

by , May 3, 2013 | 10:00 am

Ultimate PokerThe first-ever legal pay-to-play online poker website in the United States is expected to launch this morning when Station Casinos-owned Ultimate Poker flips the switch on a new era in Nevada gaming.

The site, UltimatePoker.com, can be accessed only on computers or mobile devices located in Nevada.

State gaming authorities signed off of the company’s technology last week and allowed Ultimate Poker to move forward in what is considered a test period.

Ultimate Poker was licensed for interactive gaming in October.

The site is expected to go live at 9 a.m. with limit and no-limit Texas hold ’em poker through single-table cash games, sit-and-go events, and multi-table tournaments.

The poker games will have buy-ins from a few cents to $100.

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Station Casinos Secures Control of Internet Gaming Entity

by , Nov 15, 2012 | 1:00 pm

Station Casinos LLC posted its third consecutive profitable quarter on Tuesday. The locals gaming company’s bottom line continued to benefit from its aggressive marketing efforts, despite a competitive Las Vegas market and a sluggish economic recovery.

The privately held company also announced it will acquire a 50.1 percent ownership stake in Fertitta Interactive LLC, which operates Ultimate Gaming. Fertitta Interactive launched Ultimate Gaming’s free-play site on Facebook earlier this year, with a real money site expected to launch in Nevada by June 30.

Marc Falcone, executive vice president and chief financial officer with Station Casinos, declined to disclose the purchase price. He expected the all-cash deal for Fertitta Interactive to close by the end of the month.

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