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August 31, 2009

Latest From Our Strategy Experts

August 31, 2009

arrowMark Pilarski: Explaining slot machine tournaments

Explaining slot machine tournaments
Pilarski explains that while there isn't a strategy that will make you a long-term winner at the slots, you can improve your chances in a slot machine tournament simply by getting in as many spins as possible.  read more
 

Featured Story

Delaware sports betting will be limited to NFL parlays

It's official. An appeals court decided Monday that the only legal sports wagering option in Delaware this fall will be parlays on NFL games. The state and its three racetracks were hoping to offer single-game wagering on all sports, but now will have to settle for just NFL parlays when the newly created sportsbooks officially open for business next week.  read more
Delaware sports betting will be limited to NFL parlays
 

CASINO News

CASINO

Card cheat to be sentenced this week

Phuong Quoc Truong -- aka "Pai Gow John" -- was the leader of a card-cheating ring that bilked up to $7 million from 25 casinos and faces up to 20 years in prison.  read more

Bally's reopens sportsbook in time for football season

With football season beginning in September, the Harrah's-owned Las Vegas Strip casino re-opened its sportsbook last week after a five-month hiatus.  read more

Gaming sector the latest target of shareholder lawsuits

Federal class action lawsuits have been filed in recent weeks against slot machine manufacturer International Game Technology and casino operator MGM Mirage.  read more

Major casino opens in Manila

The $700 million Resorts World Manila doubles the amount of tables in the city and may boost its casino revenue by more than 120 percent.  read more

Tropicana Las Vegas announces new executive team

The team is assembled under the new ownership banner of Tropicana Las Vegas and was hand selected by Chairman and CEO Alex Yemenidjian.  read more

Aqueduct bidding fast and furious

A casino attached to the historic Queens racetrack that will house 4,500 video lottery terminals has drawn proposals from six groups.  read more

Ground broken for West Virginia casino

The Greenbrier resort in White Sulphur Springs is expanding, with a new casino scheduled to open in April 2010.  read more

Gaming Control Board tells Foxwoods to stick to plans

The Pennsylvania board agreed to extend Foxwoods Casino's license only if it sticks to its original plans to build a slots parlor in South Philadelphia.  read more

SLOTS News

SLOTS

Wall Street bullish on slot machines

Two gaming analysts like the prospects for equipment manufacturers going into the next few years thanks to the potential addition of 70,000 new slot machines in Ohio, Illinois, Kansas, Maryland and Pennsylvania.  read more

Connecticut casinos pay $25 million to settle lawsuit

Foxwoods and Mohegan Sun agreed to pay $25 million in slot revenue to settle a lawsuit with the state of Connecticut over free slot play.  read more

The Reel Life

The Reel Life enjoys watching movies when taking a break from the online slots. And we're a big fan of the movie "Into the Wild." But for one Illinois teen, just seeing the movie wasn't real enough.  read more

POKER News

POKER

Brunson, Harman added to Caesars Cup rosters

Team Americas captain Daniel Negreanu has added Doyle Brunson and Jennifer Harman to his squad for the inaugural Caesars Cup, the Ryder Cup-style poker tournament scheduled for Sept. 25.  read more

Friedman takes home World Poker Tour title

Prahlad Friedman won over $1 million at the WPT Legends Main Event held at the Bicycle Casino in California last week.  read more

Party Poker gears up for World Open V

The World Open V will take place on October 11-15 at the Palm Beach Casino in London and will feature a total prize pool of $480,000.  read more

Did You Know
Did You Know?
The Cosmopolitan Resort in Las Vegas was originally scheduled to open in 2007 with a cost of $1.5 billion. Currently, the resort is scheduled for a 2010 opening with an estimated cost of $3.9 billion.
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