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May 19, 2008

Latest From Our Strategy Experts

May 19, 2008

arrowMark Pilarski: Hitting a Royal Flush requires patience

Hitting a Royal Flush requires patience
Pilarski shuffles through the mailbag and discloses that a royal flush happens in one out of every 40,000 hands and that the only way to play catch up in a craps tourney is by betting the opposite of the leader.  read more
 

Featured Story

MGM at Foxwoods opens with a flourish

The new $700-million resort and casino drew an A-list of celebrities on the red carpet this weekend as the MGM celebrated its arrival in Connecticut by opening the doors to its lavish casino, hotel, restaurants, ballroom and 4,000-seat theater.  read more
MGM at Foxwoods opens with a flourish
 

CASINO News

CASINO

Charles Barkley hit with lawsuit by Wynn

The NBA Hall of Famer has been asked to pay back $400,000 in gambling markers the casino alleges it extended him last year, according to a lawsuit filed last week.  read more

Tunica casinos hit by economic woes

Gaming revenues in the Mississippi county fell five percent during the first three months of 2008 -- down $22 million from where they were in 2007 -- while the number of people who visited casinos fell six percent.  read more

Boyd may build casino in Nevada

Boyd Gaming is close to signing a contract to build a gaming venue as part of a master-planned community on a former industrial site in Henderson.  read more

Economic downturn may hurt U.S. casinos

The American Gaming Association reported last week that 2008 might be the industry's most challenging year despite the fact that U.S. commercial casino revenues were up 5.3 percent to $34.1 billion in 2007.  read more

Louisiana anti-gambling legislation rejected

Anti-gambling legislation that would have banned ATMs and credit extensions from casinos narrowly failed last week.  read more

California senate passes casino land bill

A bill that would prohibit the governor from negotiating gambling compacts with Indian tribes until they have qualified gaming land passed on a 31-4 vote with bipartisan support last week.  read more

Las Vegas visitation numbers tumble

The number of people who visited Las Vegas in March fell one percent to about 3.4 million, prompting resorts to lower hotel rates to keep rooms full.  read more

SLOTS News

SLOTS

The Reel Life

Watching people win jackpots and learn how to gamble are among the Reel Life's favorite activities, which means we're in a pretty good mood this week as we provide a special craps video clip and a slew of winners at JackpotJoy.  read more

POKER News

POKER

AOL to award WSOP seats

AOL announced that Games.com will award six seats to the 2008 World Series of Poker Main Event in Las Vegas. Players can compete in free, online No-Limit Texas Hold'em tournaments on Games.com's World Series of Poker Hub.  read more

Canadian freeroller captures Titan Poker's Madrid Open

After winning his seat in the event via a freeroll tournament, Greg Metzak, a 23-year-old psychology student,wom $61,500 in his first live poker tournament.  read more

German player wins PartyPoker.com Million

A 25-year-old mathematics student from Berlin became the first German to win the PartyPoker.com Million after cashing in for $358,280 last week.  read more

WPT returns to Spain

The World Poker Tour's Season VII returns to Casino Barcelona next week for the second WPT Spanish Championship.  read more

Did You Know
Did You Know?
Through the end of February, the number of conventions held in Las Vegas had dropped 10.4 percent, according to the Las Vegas Convention and Visitors Authority.
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