Inside Gaming: Bankruptcy for Riviera, May Losses for Las Vegas, and Legal Fireworks for Station Casinos

The heat has really been on the gaming industry in July, and casino executives haven’t exactly been lying by their fancy pools sipping mai tais. After several years of decline, the Riviera finally filed for bankruptcy on Monday. That announcement…

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Poker lexicon:

DEAD MAN'S HAND - Generically: two pair, aces and eights. Specifically: the black aces, black eights and nine of diamonds. The hand Wild Bill Hickok was holding when he was shot to death.
SEAT POSITION - The actual seat a player has, normally numbered sequentially starting with 1 as the first seat to dealer's left. Not to be confused with POSITION in a particular pot. Typically unrelated to play of a hand but often important in peripheral aspects, e.g.: "Seats 1 and 10 are nonsmoking here", "Seat 5 has a good view of the table", "Seat 3 is in a high-traffic area".
SPLIT [THE POT] - To split the pot between two or more players. Related term: QUARTER.
CHASE - To continue in a hand, often at poor odds, in the hopes of catching a much better hand. "He called, chasing the flush.".
FAMILY POT - A pot where all of the players at the table are participating, even after each has had an opportunity to act.
ALL-IN - To have all of one's chips in the pot. A player who is all-in cannot be forced out of the pot by more betting, but is only eligible to win that portion of the pot he has contributed to. Generally, a SIDE POT is created each time a player is all-in.

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