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September 21, 2009

Latest From Our Strategy Experts

September 21, 2009

arrowAlan Krigman: Why smaller players go bust

Why smaller players go bust
Krigman explains why the average player who enters a casino with a $100 bankroll will most likely lose all of his money, and it has nothing to do with strategy or house edge. It's all about not knowing when to stop.  read more
 

Featured Story

Caesars Palace dealers lead protest down Las Vegas Strip

Dealers and other union members took to the streets last week and marched in front of the famed casino to call attention to their lack of progress in negotiations with Harrah's Entertainment. The dealers are seeking conditions similar to what they had before Harrah's bought Caesars in 2005.  read more
Caesars Palace dealers lead protest down Las Vegas Strip


 

CASINO News

CASINO

Delaware appeals ruling on sports bets

Lawyers for Delaware appealed a federal court ruling last week that restricted its sports-betting plans for this fall, limiting it to just parlays instead of single-game wagering.  read more

Delaware sports bets behind pace

The total take from Week 1 was only a fraction of the weekly $3-million average forecast by lawmakers earlier in the year.  read more

Two escape charges in probe of Rio's topless pool

The Clark County District Attorney's office won’t file charges against two women arrested in a undercover operation at the Rio’s Sapphire Pool.  read more

CityCenter to debut in three months

The Vegas mega-resort is located in the middle of the Las Vegas Strip and its grand opening festivties will begin the first week of December.  read more

Harrah's buying up Planet Hollywood's debt

Harrah's has bought a portion of the $860 million debt load that is leveraged against Planet Hollywood Resort in Las Vegas.  read more

Tropicana opens two new restaurants

Tropicana Las Vegas added a pair of new restaurants last week as part of a $125-million renovation that will include a revamped casino floor, hotel rooms, pool and spa facilities as well as a new nightclub.  read more

Man wants Detroit casino to return his losses

A 61-year-old man claims the MotorCity Casino "brainwashed" him into gambling away more than $670,000 over a 10-year period.  read more

Table games fast-tracked in Pennsylvania

Lawmakers reached a budget deal that will legalize table games, with state officials saying these games should be introduced in about six-to-nine months.  read more

Two charged in brazen A.C. heists

Two Georgia men were arrested after three heists last week at Atlantic City casinos netted gaming chips worth more than $72,000.  read more

SLOTS News

SLOTS

Woman wins $1.46 million at Florida casino

The woman, who was at the Seminole Hard Rock Hotel & Casino for the $1,000,000 Slot Tournament, won the massive jackpot on a five-cent machine.  read more

Ohio track reaches agreement for $13 million slot license

Lebanon Raceway is working on a partnership with Delaware North and will pay $13 million for a video slot machine license.  read more

The Reel Life

The Reel Life remembers reading somewhere that 50 percent of marriages will end up in divorce. An elderly Malaysian woman has done all in her power to get that divorce rate up.  read more

POKER News

POKER

South Carolina poker players win appeal

A judge overseeing the case of five poker players arrested for playing in a poker home game reversed the original ruling, stating Texas Hold'em would "withstand the legal test of being a game of skill."  read more

World Series of Poker Europe Event #1 sets record

The £1,000 No-Limit Hold’em event at the WSOP Europe was the largest poker competition ever held in London, with 608 entrants.  read more

Did You Know
Did You Know?
JP Kelly won the first event at the 2009 WSOP Europe on Monday to become the first British-born player to win a bracelet in the U.K.
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