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December 31, 2012

Latest From Our Strategy Experts

December 31, 2012

arrowJohn Grochowski: There is no system to beat the slots

There is no system to beat the slots
Grochowski hears from a lot of people claiming they have a system that can beat slot machines. But the systems never really work. As Grochowski explains, "except for an ever-decreasing number of games with banked bonuses, slot machines can't be beaten in the long run."  read more
 

Featured Story

Casino City Gang: Why can't Vegas do Christmas edition

Vin Narayanan and Aaron Todd discuss why Las Vegas struggles so much with attracting visitors during the holiday season, Aaron's continuing quest for the right set of poker chips and the top gambling "miracles."  read more
Casino City Gang: Why can't Vegas do Christmas edition
 

CASINO News

CASINO

Pinnacle Entertainment agrees to buy Ameristar Casinos for $869 million

The deal would give Pinnacle 17 gaming properties and one resort under development in nine states.  read more

Investors react positively to Pinnacle's bid to acquire Ameristar

Shares of Pinnacle rose more than 20 percent when the deal was announced last week. But analysts say regulatory issues loom large in Louisiana and Missouri.  read more

Strip could get $1.5 billion in investment over next two years

The upbeat report from Colliers International includes projects underway and says the $500 million remodel of Sahara is "crucial" for the northern end of the Strip.  read more

New York firm buys 427 CityCenter condos for $119 million

The bulk sale of the condo units in the Veer Towers allows MGM to focus its energies on selling the condo units in the Mandarin.  read more

Caesars celebrates week of indulgence in Atlantic City

Sure, maybe you have New Year's resolution to get healthy. But that doesn't mean you can't indulge yourself before 2013 begins. And the Caesars family of casinos has the most indulgent food to finish off your 2012 in style.  read more

Maryland Live! Casino goes live 24/7

The casino began 24-hour operations on Sunday. Prior to Sunday, Maryland Live! had been required by law to close at 2 a.m., Sunday through Thursday, and 4 a.m. on Friday and Saturday.  read more

November passenger traffic at McCarran down from last year

Passenger traffic into Las Vegas slipped by less than 1 percent compared to last November. International traffic into Las Vegas increased by 6 percent, but it wasn't enough to offset the drop in domestic travel.  read more

Paul Anka to return to Fantasy Springs

The music legend has signed on to play at the Fantasy Springs Resort Casino in California on March 16.  read more

Atlantic City gets LICK

The candy store, already popular in Las Vegas, has opened up at the Tropicana Casino & Resort in Atlantic City and features an "interactive" approach to satisfying your sweet tooth.  read more

SLOTS News

SLOTS

Bally Technologies signs fifth deal in Canada

Bally has agreed to provide 650 video lottery terminals (VLTs) to gaming properties in Saskatchewan.  read more

The Reel Life: Follow those tracks edition

A word of advice to would-be car thieves: wait until the snow melts before you go digging through those glove boxes.  read more

POKER News

POKER

Things are not looking good for federal online poker legislation in 2013

The Congressional changeover combined with a series of pressing fiscal issues is likely to keep online poker off of the federal agenda next year.  read more

HPT final tables move from six to nine

The Heartland Poker Tour will be going to nine-handed televised final table play starting this season. For the HPT's first eight seasons, the televised final tables had six players.  read more

Did You Know
Did You Know?
Legislation that would regulate intrastate online gambling in New Jersey has passed in the Assembly and the Senate and will become law if Governor Chris Christie signs the bill. Christie vetoed similar legislation last year.
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