Featured Articles Archive - Page 359

What bets offer the most chance to reach win goals before hitting loss limits?

Some solid citizens visit casinos intending to risk modest bankrolls in shots at a day’s pay. They figure their prospects are decent if they set conservative profit targets and quit as soon as they reach or surpass them. This notion is generally correct...read more

Deal Me In: Beware of Greeks bearing gifts

Dear Mark: Why do roulette tables display previous numbers since the next number is completely random? If the house thinks people will try to play a system based on these previous numbers, it doesn't benefit the house anyway because it is still random...read more

Caesars looking to redevelop Mississippi casino

BILOXI, Mississippi -- Caesars Entertainment Corp. is exploring options for its Grand Biloxi Casino Hotel & Spa in Biloxi, Miss., that was damaged by Hurricane Katrina in 2005, according to the Biloxi Sun Herald.During a meeting of the Mississippi Gaming Commission, Daniel Real, the company’s new Southern Region President, said he and the new general manager of the Grand Biloxi are putting together updated options for the site.“We’re going to come up with the best resolution for ourselves and the city of Biloxi,” Real said...read more

Pennsylvania now the country's second-largest gaming market

HARRISBURG, Pennsylvania -- Move over Atlantic City, you’re now No. 3.Gaming is now a $3 billion industry in Pennsylvania, making the state the No. 2 gaming market in the U.S. behind Nevada.For the first time, combined revenues from slot machines and table games at the Pennsylvania’s 10 casinos hit $3.024 billion in 2011...read more

CityCenter forming partnership with Sotheby's

LAS VEGAS, Nevada -- In an effort to drive luxury condominium sales, CityCenter has announced a partnership with Sotheby's International Realty to market The Residences at Mandarin Oriental and Veer Towers.The collaboration, which is led by Blueprint Global Marketing in partnership with Synergy Sotheby's International Realty in Las Vegas, is geared to international buyers."We are confident our residential sales outreach will benefit from the global presence of Sotheby's International Realty's worldwide network of affiliates," Tony Dennis, executive vice president of CityCenter Residential Division, said in a statement...read more

Analyst has "grave concerns" about IGT purchase

LAS VEGAS, Nevada -- A gaming analyst said Tuesday he has "grave concerns" about International Game Technology's $500 million acquisition of an online social gaming company, taking a contrarian position from other Wall Street research firms. In a report to his clients, Union Gaming Group principal Bill Lerner said IGT could hurt its core slot machine business and may be spending too much to acquire Double Down Interactive, which is the developer of Facebook's Double Down Casino. Many analysts believe the deal could help IGT launch an online gaming website for U.S...read more

Black Friday payment processor pleads guilty

Accused payment processor Ira Rubin, who was one of 11 men indicted on April 15 by the U.S. Department of Justice, pleaded guilty to conspiracy charges in a Manhattan federal court on Tuesday.The 53-year-old was accused of processing payments for PokerStars, Full Tilt Poker and Absolute Poker...read more

Macau limiting slots-only casinos

MACAU -- The Macau government has taken steps to restrict gaming in residential areas of the Special Administrative Region. New regulations have been implemented that will keep slot machine parlors from operating in residential parts of the city by the end of March...read more

Analyst sees potential in Pinnacle Entertainment

LAS VEGAS, Nevada -- Based on stock price valuation alone, 2011 seemed like a bad year for Pinnacle Entertainment.Shares of the Las Vegas-based regional casino operator lost 28 percent over the last 12 months.Investors grew concerned when weather issues pushed back completion of the company's $357 million project in Baton Rouge, La., until possibly Labor Day this year.Stockholders grew worried over the future of the company's flagship L'Auberge du Lac Casino Resort in Lake Charles, La...read more

Top-10 winter-themed slot games

It's the middle of January, and with cold weather setting in across the Northern Hemisphere, it's a good time to tuck yourself under blanket and huddle for warmth. And if you're looking for an online slot game to match the temperature outside, there are plenty of options available.Thanks to Online Casino City's directory of online slot games with winter themes, you can browse through a bevy of winter slot options...read more