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January 30, 2012

Latest From Our Strategy Experts

January 30, 2012

arrowJohn Grochowski: A shuffle through the gaming mailbag

A shuffle through the gaming mailbag
Grochowski says that player choice makes a difference in bonus events on slot machines. In a bonus event, randomness is achieved by having the RNG randomly distribute possible outcomes rather than by randomly selecting a fixed bonus.  read more
 

Featured Story

Regulators OK Cantor operation of Palms sportsbook

By Chris Sieroty
The Nevada Gaming Commission on Thursday unanimously approved Cantor Gaming's application to take over operations of the race and sports book at The Palms Casino Resort in Las Vegas. The contract also calls for Cantor to build a new race and sportsbook and install its mobile wagering technology throughout the resort, including hotel rooms. The company is expected take over the sportsbook on Feb. 7.  read more		Regulators OK Cantor operation of Palms sportsbook
 

CASINO News

CASINO

Macau headed for record-breaking month

Union Gaming Group principal Grant Govertsen predicted that when January's revenue totals are counted, they would break Macau's single month record of $3.4 billion.  read more

CityCenter forming partnership with Sotheby's

The Las Vegas resort announced a partnership with Sotheby's International Realty to market The Residences at Mandarin Oriental and Veer Towers.  read more

Las Vegas casino hosting bingo tournament

The Plaza Hotel and Casino will host the $150,000 tournament from Jan. 29-31, with former mayor Oscar Goodman calling the first balls on Tuesday.  read more

Analyst sees potential in Pinnacle Entertainment

Credit Suisse gaming analyst Joel Simkins said that a continued rebound in regional gaming markets will give the company a lift.  read more

MGM Resorts spokesman named chairman of NCRG

Senior Vice President of Public Affairs Alan Feldman has been named chairman of the board for the National Center for Responsible Gaming.  read more

Atlantic City casino hosting Travis Tritt

Country music star Travis Tritt will perform at the Trump Taj Mahal in Atlantic City on Saturday, March 24.  read more

Arizona casinos launch new website

Vilocity Interactive and Gila River Gaming Enterprises launched a website for the Gila River Indian Community’s three Phoenix-area casinos.  read more

SLOTS News

SLOTS

Analyst has concerns about IGT purchase

Union Gaming Group principal Bill Lerner said IGT could hurt its core slot machine business and may be spending too much to acquire Double Down Interactive.  read more

California casino aims to set world record

Pechanga Resort & Casino is attempting to make history by holding the world's largest slot machine tournament on Feb. 11.  read more

Foxwoods slots revenue jumps 11 percent in December

Slot revenue at the Connecticut casino-resort rose 11.4 percent in December compared to the same period in 2010.  read more

The Reel Life

The Reel Life has never stolen a cell phone. Should we ever feel the need to do so, the last thing we'd do is answer a call from the original owner.  read more

POKER News

POKER

Casino City Gang: Zynga, Ivey and Bluff edition

Casino City's Aaron Todd and Dan Igo discuss Zynga's possible move into the real-money online poker game, Phil Ivey's strong play in Australia, their picks for the "Bluff Power 20" and make their best bets.  read more

EPT founder parts ways with PokerStars

John Duthie is resigning as CEO of the European Poker Tour and as a member of Team PokerStars Pro.  read more

Man takes down WSOP Circuit event in Oklahoma

Abraham Araya outlasted a field of top pros and former Main Event champions to win $270,380 at the WSOP Circuit Main Event at Choctaw.  read more

Did You Know
Did You Know?
Casino Miami Jai-Alai, an $87 million casino expansion of Miami Jai-Alai that includes 1,050 new slot machines, opened its doors on Wednesday.
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Top-10 Super Bowl bets
  1. Under 1:34 for national anthem
  2. Giants to receive opening kick
  3. Manningham to score first TD
  4. Highest scoring quarter (4th)
  5. Over 1.5m stream game online
  6. Under .5 receptions for Ochocinco
  7. Under 55.5 total points
  8. Manning less than 320.5 yards
  9. New York Giants +3
  10. Wes Welker to win MVP