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December 1, 2008

Casino City Times Weekly Newsletter
December 1, 2008

Latest From Our Strategy Experts

arrowJohn Robison: Have video poker paybacks declined?

Have video poker paybacks declined?
Robison has a simple answer to a question from a video poker-playing reader who claims paybacks have decreased significantly on the full-pay machines in Las Vegas without the pay scale improving.  read more

Featured Story

Casinos face major dilemma in struggling economy

Laying off rank-and-file workers is the quickest and easiest way to cut costs. But that's difficult for big hotels attempting to fill their rooms by cutting room rates and offering discounts. They still need armies of thousands to staff and maintain their properties even if customers are spending less.  read more
Casinos face major dilemma in struggling economy



Land-based gaming industry divided on prospects of regulated Internet gambling

After the AGA announced a potential shift in attitude towards online gambling, major casino companies are studying the possibilities for regulating iGaming in the U.S.  read more

Gambling stocks down again in November

MGM Mirage, Las Vegas Sands, Boyd Gaming and Wynn Resorts all posted double-digit declines in their month-over-month daily price averages.  read more

Station Casino considers cash infusion

The owners of the Las Vegas gaming entity could loan the company between $450 million and $500 million in order to weather the current economic storm.  read more

New tip deal riles Culinary Union

The union that represents 60,000 service workers says tips are down by 50 percent since the IRS began taking a bigger piece of the action 20 months ago.  read more

Trump Entertainment will not make bond interest payment

The casino operator said last week that it will miss a $53.1 million bond interest payment due Monday to maintain liquidity.  read more

Tropicana appeal denied

New Jersey's highest court upheld the decision to strip Tropicana Entertainment of its license and put the troubled gaming hall up for sale.  read more

Reno casinos struggle with economy and competition

A combination of the recession and the popularity of Indian gaming has turned the casino scene in Reno into an afterthought for most gamblers.  read more

Moscow casinos shut down under new law

More than 1,000 casinos have been closed in Moscow in the past 18 months due to a law passed last year that forced gambling out of large cities and into remote low-income regions.  read more



Florida woman takes $2.5-million slot jackpot

Terese Moore "felt lucky" and ended up winning the largest slot machine jackpot in Florida history on a machine at the Seminole Hard Rock Hotel and Casino.  read more

The Reel Life

If at first you don't succeed, try, try again. The cliché is true both at the races and at the slots.  read more

Maryland fraternal groups may get slots

The Ocean City Town Council will discuss whether to allow groups like the Elks and American Legion to have their own slot machines.  read more



JC Tran takes home Premier League title

The poker pro represented PKR and won $300,000 after besting a field of 13 other professionals in the Premier League last week in London.  read more

Everest Poker European Cup heading to Italy

Online qualifiers will begin in February for the European Cup Finale, which will be held at the Chia Laguna Resort on the Italian island of Sardinia.  read more

Did You Know
Did You Know?
At 144 minutes, Casino Royale (2006) is the longest-running James Bond film in the official series. The film's sequel, Quantum of Solace, is the shortest at 106 minutes.
Featured Game's Roulette
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