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February 13, 2012

arrowAl Krigman: How does volatility affect your chances of gambling success?

How does volatility affect your chances of gambling success?
Krigman says in the short run, volatility leads to rewarding or disproportionately expensive sessions. Over the long haul, edge eventually becomes dominant and costs gamblers close to what is predicted.  read more
 

Featured Story

Florida's Seminoles are a force in Indian gaming

Many credit the Seminole Indian Tribe with creating the modern Indian gaming model. It was the first tribe to upgrade from bingo-style slot machines and other low-stakes games to offer Las Vegas-style slot machines, table games, high-end action and fine dining and entertainment. The tribe is now an international gaming and hospitality conglomerate, but Florida is always on its radar.  read more
Florida's Seminoles are a force in Indian gaming
 

CASINO

The Gang: What is he thinking edition

The Gang discusses the latest in the Washington D.C. online gambling battle, plans to revitalize Atlantic City, three curious gambling decisions and make their best bets.  read more

Nevada casino revenue increases for second year in a row

Casinos in Nevada collected $10.7 billion in gaming revenue in 2011, a 2.8 percent increase over 2010 and the highest annual jump in four years.  read more

Las Vegas visitor volume jumps in 2011

Nearly 39 million people visited Las Vegas in 2011, a 4.3 percent increase compared to 2010 and only 300,000 people below a record 39.2 million in 2007.  read more

Golden Nugget signs online poker agreement with Chiligaming

The operator of the Golden Nugget casinos signed an Internet gaming agreement with Chiligaming and plans to launch a free play website later this year.  read more

Super Bowl generates $93.9 million in betting handle

The $93.9 million was the second-most bet on the Super Bowl in Nevada and the state's 184 sportsbooks held more than $5 million for a win percentage of 5.4.  read more

Mississippi casino holding $20,000 blackjack tournament

The "Hot Hand II" tournament at the Fitzgeralds Casino Hotel in Tunica will be held from Feb. 24-25 and has a $20,000 guaranteed cash first-place pot.  read more

Tribal gaming companies look to restructure debt

The recession has forced tribes from New Mexico, California and Connecticut to either default on millions of dollars in debt or to refinance their bonds.  read more

California casino gives away $10 million in January

Thunder Valley Casino Resort awarded $10,696,907 in jackpots over $1,200 during the month of January.  read more

SLOTS

The Reel Life

The Reel Life has seen curious domestic cases in court. But we've never seen a case where the judge ordered a husband to take his wife on a dinner and bowling date.  read more

POKER

Churchill Downs acquires Bluff Media

Racetrack operator Churchill Downs has announced the acquisition of Bluff Media, the Atlanta-based multimedia poker content, brand and publishing company.  read more

Tribes could lose out on Internet gaming

Experts told Congress in a Senate hearing on Thursday that Indian tribes stand to lose the most as gaming migrates to the Internet.  read more

APPT heads to Philippines in April

The Asia Pacific Poker Tour has announced that the Waterfront Cebu City Hotel and Casino will host the final leg of this year's tour.  read more

Swede wins EMOP opener in Prague

Nils Jarefjall won €52,277 after taking down the first European Masters of Poker season IV title at the Card Casino in Prague.  read more

Did You Know
Did You Know?
Washington D.C.'s Council voted last Tuesday to repeal the District's controversial Internet gambling law by a vote of 10-2.
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Top-10 sports bets that should be on your bucket list
  1. March Madness in Vegas
  2. Visit a betting shop in the U.K.
  3. Confidence pool
  4. Saratoga
  5. Fantasy sports
  6. Futures bet on your favorite team
  7. Watch the Kentucky Derby
  8. Entertainment bets
  9. Every MLB game on the slate
  10. In-game bets
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