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January 11, 2010

Latest From Our Strategy Experts

January 11, 2010

arrowJohn Grochowski: Calculating the payback on slot machines

Calculating the payback on slot machines
Grochowski explains that the casinos set the payback rates on slot machines by setting the possibilities and the odds of the game so that random results eventually will lead to the desired return.  read more
 

Featured Story

Table games coming to Pennsylvania

Pennsylvania Gov. Ed Rendell (right) signed into law last week a measure that will allow the state's casinos to add table games. Large Pennsylvania casinos will be able to add up to 250 table games each and smaller resort style casinos can add 50 games each, with operators paying an upfront license fee of $16.5 million.  read more
Table games coming to Pennsylvania
 

CASINO News

CASINO

Gang talks Pennsylvania, exotic games and NFL

Casino City's Vin Narayanan and Dan Igo join new host Gary Trask to discuss Pennsylvania legalizing table games, what exotic games they enjoy at the casinos and make their (poor) Wild Card NFL Picks.  read more

Shuffle Master could profit from Pennsylvania decision

Analysts say the table game supplier may be the big winner after Pennsylvania legalized table games last week.  read more

Cannery Casinos will benefit from table games approval

The Meadows Racetrack and Casino outside of Pittsburgh is owned by Cannery Casino Resorts and will have table games this year.  read more

Moody's takes a negative view of Atlantic City

Moody's Investors is taking a dim view of Atlantic City in light of Pennsylvania’s legalization of table games last week.  read more

Cantor launches mobile casino gaming in Vegas

Cantor Gaming is launching casino style games on the "pocketcasino" mobile device at both The Venetian and The Palazzo casinos.  read more

Isle of Capri to take over Greektown in Detroit

The St. Louis-based regional casino operator will take over management of the bankrupt Greektown Casino in Detroit.  read more

Carruthers sentenced to 33 months in prison

Former BetOnSports CEO David Carruthers was sentenced Friday to 33 months in prison on one count of racketeering conspiracy. Until 2006, BetOnSports accepted sports bets over the telephone and Internet from American residents.  read more

POKER News

POKER

PokerStars sponsoring NAPT

The North American Poker Tour kicked off last week with the PokerStars.net Caribbean Adventure in the Bahamas. PokerStars has plenty of ways to qualify for the tour's tournaments with free packages up for grabs.  read more

PCA Main Event reaches final day

The PokerStars Caribbean Adventure Main Event has reduced its field to a final table of eight with play set to resume on Monday.  read more

PKR Heads-Up Grand Slam debuts on Sky TV

A line-up of 32 of the world’s best poker players competed in an invitational held in London in October and Sky TV will air the event in eight episodes.  read more

WSOP Europe returns to ESPN2 on Jan. 31

ESPN2 will air coverage of the Caesars Cup at the World Series of Poker Europe on Jan. 31 with Main Event coverage beginning the following week.  read more

SLOTS News

SLOTS

The Reel Life

The Reel Life has run bad when playing online slots and we've made thinly veiled threats towards the game. But a man in England made some similar threats and got into hot water.  read more

Retired teacher hits $4.1 million jackpot at Venetian

A retired schoolteacher from New York won a $4,141,909 jackpot playing the Wheel of Fortune Special Edition at The Venetian.  read more

Did You Know
Did You Know?
The Lion King show at Mandalay Bay in Las Vegas broke its own record with a gross of $1.3 million during its eight performances the week of December 21-27.
Featured Game
Ski Bunny
It is prime time for skiing, with the temperatures dropping and snow falling. Before you hit the slopes, head to Golden Tiger Casino and play its "Ski Bunny" slot game.

> More Ski Bunny Details
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