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April 27, 2009

Latest From Our Strategy Experts

April 27, 2009

arrowJohn Robison: Hitting a Royal on Let It Ride

Hitting a Royal on Let It Ride
When a reader asks what the payment procedure would be if he ever lands a Royal Flush, Robison explains whether or not the winnings would be taxable and if they would be paid by check or cash.  read more
 

Featured Story

ESPN only airing two WSOP bracelet events

In a marked departure from previous years, ESPN will only be televising two World Series of Poker bracelet events. They'll also broadcast the WSOP Champions Invitational and the Ante Up for Africa charity tournament, non-bracelet events which will take place during this year's World Series in Las Vegas.  read more
ESPN only airing two WSOP bracelet events
 

CASINO News

CASINO

Construction deficiencies seen at CityCenter

The first tower of the MGM project is set to open in five months, but CityCenter still has numerous construction deficiencies according to inspectors.  read more

Las Vegas Sands, Wynn alter credit pacts

The two casino giants have taken steps to amend how they borrow money from their credit facilities.  read more

Penn National profits beat expectations

Penn National Gaming posted a first-quarter profit last week that exceeded Wall Street's expectations.  read more

New York county approves casino project

The Sullivan County Legislature has reached an agreement with the Seneca Nation of Indians to develop a casino in the town of Thompson.  read more

Station Casinos sues Internet company

Station Casinos says a Panama-based Internet company is infringing on the trademarks it owns, including "palacestation."  read more

Forbearance deals give casinos, creditors time

The recession hasn't forced as many debt-heavy gaming companies into bankruptcy court as originally thought.  read more

Detroit casino revenue drops 3%

Revenue at the city's three casinos fell by a little more than 3 percent, with MGM Grand and Greektown sliding and MotorCity posting a slight gain.  read more

SLOTS News

SLOTS

IGT forging ahead despite loss

The slot machine giant said second-quarter net income fell 44 percent as compared to last year.  read more

WMS Industries posts increases

The slot machine maker posted increases in both revenues and earnings in its third quarter despite the economic downturn.  read more

The Reel Life

Although The Reel Life hasn't been immune to the recession, we couldn't imagine doing what a Massachusetts man did this week.  read more

POKER News

POKER

PKR II a big success

The second live PKR.com event featured 150 online players battling it out at London's trendy Loose Cannon poker club.  read more

'Hollywood Dave' Stann wins WSOP circuit event

The actor and bad-boy card shark took home a gold ring at the latest WSOP Circuit tournament at Caesars Palace.  read more

Lugz Footwear to sponsor Bluff award

The shoe company will give away a custom-built Orange County Chopper to the winner of the Bluff Player of the Year award.  read more

Did You Know
Did You Know?
MGM Mirage Chairman and Chief Executive Officer Jim Murren earned $3.1 million in 2008, roughly $5.4 million less than he earned in 2007.
Featured Game
$5 Million Touchdown
The NFL Draft satisfied a football fix for many last weekend. So, if you can't wait until the beginning of training camp for more football, head over to Golden Casino and play "The $5 Million Touchdown."

> More $5 Million Touchdown Details
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