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December 5, 2011

Latest From Our Strategy Experts

December 5, 2011

arrowAl Krigman: Why faith in the law of averages is misplaced

Why faith in the law of averages is misplaced
Gamblers enduring cold spells often trust the law of averages to restore balance rather than cut their losses and run. This isn't smart. One reason is that averages reliably indicate performance only for a large sample size.  read more
 

Featured Story

Heartland Poker Tour continues to flourish

In an industry that has seen its fair share of bad news, the Heartland Poker Tour is one of poker's true success stories. What started out in 2005 as a series of poker events in the Midwest has exploded into a full-fledged national tour, complete with televised coverage and prize pools that can top $1 million.  read more
Heartland Poker Tour continues to flourish
 

CASINO News

CASINO

Macau revenues shatter last year's record

Macau's 34 casinos collected more than $30.5 billion in gaming revenues in 2011, surpassing last year's $23.5 billion mark during the third quarter.  read more

Indian casinos adding Vegas-style features

Many Indian casinos are adopting Las Vegas-quality trappings to lure business away from other regional venues.  read more

Cantor Gaming to build, operate Palms sportsbook

Cantor Gaming has reached agreement with the Palms in Las Vegas to operate the resort's race and sportsbook.  read more

Frontier site to remain empty on Las Vegas Strip

The Israeli company that bought the former site of the New Frontier said they have written off $500 million of its original $1.24 billion investment.  read more

Wednesday's market surge boosts gaming stocks

A 490-point surge by the Dow Jones industrial average gave the stock prices of several casino operators and slot machine manufacturers a lift.  read more

Wynn in talks with Patriots owner about Mass. casino

Steve Wynn is in negotiations with New England Patriots owner Robert Kraft to build a $1 billion casino adjacent to Gillette Stadium.  read more

Iowa racetrack to launch online wagering plaform

Prairie Meadows Racetrack and Casino has selected Paladin Capital Partners to help develop a platform for legal online wagering.  read more

SLOTS News

SLOTS

The Reel Life

The Reel Life loves crazy lawsuits. We thought we'd seen them all until this week, when we read a story about a kidnapper deciding to sue his victims.  read more

POKER News

POKER

Casino City Gang: Anonymous poker edition

Vin Narayanan is back in the host's chair and is joined by Aaron Todd and Dan Igo to talk about Bodog Poker's anonymous tables, Facebook's potential entry into the online gambling market in the U.K., the Las Vegas sportsbook revolution and make their weekly NFL picks.  read more

Jake Cody finishes second at GUKPT Grand Final

New Team PKR Pro Jake Cody finished runner-up in the 2011 GUKPT Grand Final over the weekend and collected £115,000 for his efforts.  read more

Chris Moneymaker returning to Pennsylvania casino

Presque Isle Downs and Casino’s recently appointed poker ambassador Chris Moneymaker is set to return to the casino Dec. 14.  read more

World Poker Tour heads to Florida

The World Poker Tour Regional Winter Poker Open will be held at the Seminole Hard Rock Hotel & Casino in Tampa from Dec. 2–11.  read more

Harrah's Resort Atlantic City ready for WSOP Circuit

The Atlantic City casino will host 12 official ring events for the World Series of Poker Circuit, with the Main Event kicking off Saturday.  read more

Local man wins L.A. Poker Open

Huicun Qiao of Los Angeles claimed the first place prize at the L.A. Poker Open at Commerce Casino to win $132,705.  read more

Did You Know
Did You Know?
Martin Staszko, the 2011 WSOP Main Event runner-up, was introduced this week as the latest member of Team PokerStars. He made his Team PokerStars Pro debut at the EPT stop in Prague on Thursday.
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