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June 1, 2009

Casino City Times Weekly Newsletter
June 1, 2009

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arrowJohn Grochowski: Casino promotions worth remembering

Casino promotions worth remembering
Grochowski looks back at some of his favorite casino promotions, including one at Detroit's Greektown casino where he saw an eight-time world championship boxer play tic-tac-toe against a chicken.  read more

Featured Story

Record-breaking start to the 2009 World Series of Poker

The 40th World Series of Poker is off and running and three records have already been broken at the Rio in less than a week. The highlight of the first weekend was the $40,000 No Limit Hold'em event that was captured by Moscow's Vitaly Lunkin (right), who outlasted an impressive field of 201 players that set a record for the largest non-Main Event prize pool with $7.7 million at stake.  read more
Record-breaking start to the 2009 World Series of Poker



Delaware high court approves sports gambling

In a ruling released last week, Delaware's Supreme Court ruled that the sports betting law signed by Gov. Jack Markell was permitted under the state's constitution.  read more

Strip casinos forced to write off bad debts

With Strip properties increasing cash reserves to offset debt not paid by high rollers, casinos wrote off $116 million in bad debts in 2008.  read more

Fontainebleau's top executive leaves company

Glenn Schaeffer, Fontainebleau Resorts' co-founder and its top executive, departed the company a week after it began corporate layoffs.  read more

Illinois Senate approves two new casinos

The state Senate approved new casinos for Chicago and three other cities by a 30-28 vote, but the measure is unlikely to pass the state House.  read more

Sands Bethlehem impresses on opening weekend

The $743-million Sands Bethlehem Casino in Pennsylvania impressed two Wall Street analysts who visited it during a busy Memorial Day weekend.  read more

Indiana Senate leader will block casino move

State Senate President David Long declared gambling proposals off limits in the upcoming special legislative session.  read more

Palms Place condo buyers offered financing

The Palms has begun offering seller-backed financing to some 150 potential purchasers of the 599-unit Palms Place development.  read more

Luxor to install new safety barriers

The MGM Mirage-owned hotel will be installing safety barriers on all catwalks regardless of whether they are being used often or not.  read more

Larry King to appear at Encore

Acting on a dare from Steve Wynn, legendary broadcaster Larry King will take the stage for one night at Encore.  read more



Maryland slot supporters, foes turn out

More than 200 advocates and opponents of a slot proposal gathered at a public hearing in front of the Anne Arundel County Council, which votes on the bill this week.  read more

Illinois moves to legalize slots in bars

Both houses of the Illinois Legislature passed a $29 billion public works program that would be paid for by increased taxes and fees associated with the legalization of video gambling across the state.  read more

The Reel Life

The Reel Life has gone on a few hot streaks in our years playing the online slots. But we've never come close to the hot streak a craps player went on at the Borgata in Atlantic City last week.  read more



Odds against a repeat WSOP Main Event champ

Thousands are expected to ante up $10,000 when the Main Event begins July 3, and the chances of Peter Eastgate repeating are slim.  read more

Poker Channel expanding in Europe

The Poker Channel has reached distribution agreements in Germany, Portugal, Poland, Cyprus and Croatia.  read more

Did You Know
Did You Know?
The $1,000 "stimulus special" Hold'em tournament at the 2009 WSOP drew 6,012 entrants and is carrying a prize pool of nearly $5.5 million.
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