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August 5, 2013

Latest From Our Strategy Experts

August 5, 2013

arrowJohn Grochowski: Answering the big video slots questions

Answering the big video slots questions
Gaming expert John Grochowski answers some of the questions readers regularly send him about video slot machines, including why there are more video slots now and how the random number generator operates during a bonus round.  read more
 

Featured Story

Casino City Gang: Choosing sides edition

Vin Narayanan and Aaron Todd discuss the closure of Revel's poker room, Poker Night in America's open casting call, how all-star games choose teams and close the show with the most degenerate five minutes in podcasting.  read more
Casino City Gang: Choosing sides edition
 

CASINO News

CASINO

Caesars considering ways to improve results

Caesars said last week it lost $212.2 million in the quarter that ended June 30.  read more

Caesars offers look at The Linq

The Linq's open-air promenade will encompass 300,000 square feet of retail offerings, trendy restaurants and hip entertainment venues, all anchored on its east end by a 550-foot-tall observation wheel.  read more

Wynn Resorts second-quarter earnings fall short of estimates

The Las Vegas-based company reported second-quarter earnings of $129.8 million, down from $138.1 million a year earlier.  read more

Regional casino deal helps Boyd Gaming boost profits

Boyd said its net income for the quarter than ended June 30 was $11.6 million, or 13 cents per share. A year ago, the company reported net income of $1 million, or 1 cent per share.  read more

Boyd Gaming announces stock sale

The announcement came Wednesday after the close of trading on the New York Stock Exchange and the day after the company reported better-than-expected quarterly earnings.  read more

Macau revenues up 20 percent in July, 16 percent for 2013

The growth surprised some prognosticators who expressed concerns of an economic slowdown in Asia.  read more

Cosmopolitan of Las Vegas reports $25.2 million quarterly loss

Modest revenue gains across the board were not enough to offset a 20 percent decline in casino revenues.  read more

Nevada Gold & Casinos reports $500,000 fourth-quarter profit

The gaming company reported net income of $500,000, or 3 cents a share, compared with a net loss of $4.3 million, or 27 cents a share, in the fourth quarter of 2012.  read more

William Hill profits grow as Nevada, Delaware investments pays

William Hill, which operates sports books, mobile betting apps and kiosks in Nevada handles risk management for the Delaware's lottery said Friday its U.S. operations posted a modest profit for the first six months of the year.  read more

SLOTS News

SLOTS

Multimedia Games third-quarter profits rise

The Texas-based company reported quarterly profits of $8.4 million. In the same quarter a year ago, Multimedia Games reported a net income of $7.2 million.  read more

New slots to hit the gaming floor at Fantasy Springs in August

The casino will be adding Willy Wonka and the Chocolate Factory, The Wizard of OZ Emerald City, Wizard of OZ Haunted Forest, Blackbeard's Treasure and Lucky Big Wheel.  read more

The Reel Life: Feel the vibration edition

The mash-up has largely been an Internet sensation. But recently, broadcast television has gotten into the game, and they do it extremely well. This week, we mix in NBC's Brian Williams rapping "Good Vibrations" with our weekly slots news.  read more

POKER News

POKER

Jackie Glazier named ambassador for Team 888poker

The poker pro was the last Australian and last woman standing in this year's WSOP Main Event, taking 31st place and $229,281.  read more

Did You Know
Did You Know?
Slot revenue in Pennsylvania's 11 casinos dropped by 3.7 percent in July -- Philadelphia Inquirer
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