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April 8, 2013

Latest From Our Strategy Experts

April 8, 2013

arrowJohn Grochowski: When double-zero beats single-zero

When double-zero beats single-zero
Normally, single-zero roulette is a much better game for the player than double-zero roulette. But there is one exception. Gaming expert John Grochowski looks at the one instance where it's actually better to play the double-zero game.  read more
 

Featured Story

Palms displays $50 million in upgrades

The off-Strip hotel-casino known for its popular Ditch Friday parties and The Real World suite has renovated 428 rooms and demolished old bars, restaurants and clubs and replaced them with new experiences.  read more
Palms displays $50 million in upgrades
 

CASINO News

CASINO

Penn National plans to build Hollywood-brand casino in San Diego

The development, which is expected to break ground later this year, is 20 miles east of downtown San Diego.  read more

Primm store poised to reap California Powerball benefits

Because of its proximity to Vegas, where the lottery is illegal, the store regularly ranks as the No. 1 or No. 2 location in California for lottery sales.  read more

Flare-ups mark Adelson's second day on stand

Complaints about smirking, contraband and a request for a mistrial were all part of the proceedings Thursday.  read more

Retrial in claim against Las Vegas Sands under way

The stakes have risen by nearly a quarter of a billion dollars in the retrial of former consultant Richard Suen's claim that Las Vegas Sands owed him money for services renedered in securing a Macau gaming license.  read more

News cameras will record Adelson on witness stand

Clark County District Judge Rob Bare cleared the way last week for cameras to be in the courtroom during the testimony of Las Vegas Sands Chairman and CEO Sheldon Adelson.  read more

Macau gaming revenues hit single-month record of $3.92 billion

The March figure eclipsed the previous one-month record of $3.5 billion in gaming revenues, which was set in December.  read more

Unions, MGM and Caesars poised to begin contract talks

With the collective bargaining agreements for culinary workers and bartenders set to expire on June 1, union leaders are meeting with executives from MGM Resorts and Caesars for initial contract talks.  read more

Caesars Entertainment leads March gains in casino share prices

The casino giant saw its average daily stock price increase more than 39 percent during the month, after February's 46 percent jump.  read more

Vietnam government OKs changes to Pinnacle project

Banks had suspended a $175 million credit agreement for the project pending government approval of the amendments.  read more

No changes at the Nevada Gaming Control Board

Gov. Brian Sandoval will keep the five-member Nevada Gaming Commission intact for another year.  read more

SLOTS News

SLOTS

Red Hawk Casino player wins $51,721

Red Hawk Casino had another big slot winner last week with $51,721 going to a lucky Rewards Club member.  read more

The Reel Life: Prankster edition

Sometimes, you just have to salute the pranksters. That's especially true when they can fool the cops in a harmless bit of fun. And no, the Just For Laughs cameras were nowhere in sight.  read more

POKER News

POKER

Casino City Gang: Better late than never edition

Casino City's Vin Narayanan and Aaron Todd discuss the importance of Antonio Esfandiari being named brand ambassador for online poker room Ultimate Poker and Zynga officially launching real-money gaming in the U.K.  read more

Ultimate Poker taps Esfandiari as brand ambassador

Station Casinos-owned Ultimate Poker announced this week that it has signed poker champion Antonio Esfandiari to promote its website. Ultimate Poker, which will open later this year, is one of the online poker sites looking to succeed in Nevada's nascent regulated online poker market.  read more

Did You Know
Did You Know?
Thanks to the arrival of table games, Maryland casinos generated a state record $58 million of revenue in March.
-- Baltimore Business Journal
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