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February 11, 2013

Casino City Times Weekly Newsletter
February 11, 2013

Latest From Our Strategy Experts

arrowJohn Grochowski: Chip collectors share tips

Chip collectors share tips
Maybe you go to casinos to go jackpot chasing at the slots. Maybe you go to test your skill at blackjack or poker. Or maybe you're out to grab a piece of history. Chip collectors throughout the United States buy, sell and trade chips as their connection with casino history.  read more
 

Featured Story

Christie signals path to Internet gambling with conditional veto

New Jersey Governor Chris Christie issued a conditional veto to legislation that would regulate Internet Gambling in the state, sending a revised version of the bill back to the state's legislature for approval.  read more
Christie signals path to Internet gambling with conditional veto
 

CASINO News

CASINO

Nevada casinos collect $10.8 billion in 2012

Statewide, casinos collected $10.86 billion in gaming revenue in 2012, a 1.5 percent increase over $10.7 billion in 2011.  read more

Number of visitors to Las Vegas in 2012 sets record

A total of 39.7 million people came to the city in 2012, up 2.1 percent from 2011's final total of 38.9 million visitors.  read more

Ex-gaming analyst finds new niche inside industry

Marc Falcone gave up a 15-year career as a Wall Street gaming industry analyst to become chief financial officer for the newly created Fertitta Gaming.  read more

Asia Entertainment sees 26 percent drop in rolling chip turnover

The decline was attributable to the company's tightening of credit due to the slowing economy in China.  read more

New mobile game released at Colusa Casino Resort

Cantor Gaming has unveiled "Kill the Number," a new casino game from its Cantor Mobile Casino platform.  read more

Mississippi bill proposes to collect tax on small winnings

Bill SB214 proposes to start collecting the existing 3 percent state tax on gambling winnings under $1,200 in Mississippi, which are currently only collected when gamblers self-report the wins.  read more

Pala Spa named one of Top 100 spas of America

The Spas of America recognition marks the second time in 2012 that Pala Spa has been ranked in the Top 100 in the U.S.  read more

Mesquite, clobbered by recession, works to regain footing

Mesquite gaming revenues gained 1 percent in 2011, the first annual increase since 2008. Through November, gaming revenues are up 0.8 percent and visitor volume is up almost 1.8 percent.  read more

Showboat is Mardi Gras headquarters in Atlantic City

The casino offers Mardi Gras mayhem with a Fat Tuesday King Cake Eating Competition and food and beverage specials on Feb. 12.  read more

Fallsview Casino welcomes new and returning artists

The May lineup features an exciting mix of entertainers, including Don Rickles, Gordon Lightfoot and Frankie Valli.  read more

Four Winds New Buffalo to host blues legend B.B. King

Four Winds New Buffalo will host B.B. King concert by blues legend B.B. King on Saturday, April 6 at 9 p.m.  read more

SLOTS News

SLOTS

Goodwill, friendships may die in IGT proxy fight

Disagreements between gaming executives are not uncommon, but it's been years since the industry has seen a family feud quite like this one.  read more

N.Y. investment firm questions IGT's decision-making

Orange Capital's Daniel Lewis suggested the company conduct a "Dutch auction" tender for 25 percent of IGT's outstanding shares and "reconstitute" the company's board.  read more

Ontario, California slot player wins over $3.2 million at Pala

The February 1 payout was the largest in Pala history.  read more

Slot machine revenue in Pennsylvania drops

Slot machine revenue at Pennsylvania casinos during January down just over 1 percent, compared to the same month a year ago.  read more

The Reel Life: Hitchhiker extraordinaire edition

Many people have an inherent distrust of hitchhikers. But a homeless hitchhiker named Kai turned out to save the day for people who were being attacked by his driver, thanks to the homeless man's hatchet.  read more

POKER News

POKER

European Poker Tour confirms schedule for London's largest poker festival

The U.K.'s richest poker tournament boasts 37 individual events across 11 days in March.  read more

Boylepoker International Poker Open London 2013 announced

The £200 + £25 buy in event has two starting days and Boylepoker is adding £5,000 to the prize pool.  read more

Did You Know
Did You Know?
If New Jersey passes online gambling legislation, it will join Delaware as the only states in the U.S. that have passed regulations for full-scale online gambling. Delaware plans to launch real-money games by Sept. 30. Nevada law only allows online poker.
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