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May 11, 2009

Casino City Times Weekly Newsletter
May 11, 2009

Latest From Our Strategy Experts

arrowFrank Scoblete: Keeping your rhythm at the casino

Keeping your rhythm at the casino
Scoblete preaches that when you're visiting a casino you should try to stick to your normal daily routines as much as possible instead of giving in to the 24/7 temptations. This will allow you to keep your head clear, avoid making poor judgments and ultimately save your bankroll.  read more
 

Featured Story

Harrah's throws support behind online bill

The casino giant has thrown its support behind the online gambling legislation that was introduced last week and spent more than $400,000 in the first quarter of 2009 as a registered lobbyist for the new proposal. The regulation of online gambling could open up a whole new market for the owner of the WSOP brand.  read more
Harrah's throws support behind online bill
 

CASINO News

CASINO

Sports gambling bill approved in Delaware

A reworked sports gambling bill passed in the Delaware legislature early Friday, despite being opposed by every major sports league in the U.S.  read more

Frank, King introduce online gambling legislation

Reps. Barney Frank (D-Mass.) and Peter King (R-N.Y.) introduced legislation last week that could create the framework for regulated online gambling in the U.S.  read more

Vegas room rates to rise from rock bottom

The MGM Mirage says it is increasing prices thanks to rising occupancy rates and fewer convention cancellations.  read more

Nevada economy edging closer to stability

Gaming revenue in the state dropped 11.6 percent, but it was the smallest monthly percentage decrease since September.  read more

Vegas tourism sees smallest decline in seven months

More than 3.2 million people visited Las Vegas in March, which may suggest lower room rates are working.  read more

Las Vegas Sands suffers quarterly net loss

In response, CEO Sheldon Adelson has made a host of cost-cutting measures that he says could save the company $470 million annually.  read more

CityCenter hotels booking rooms

The CityCenter resort on the Las Vegas Strip received between 5,000 and 6,000 inquiries for potential reservations after it was announced the project would be completed by the end of the year.  read more

SLOTS News

SLOTS

Jackpots a plenty at Wisconsin casino

Seventy-seven slot machine players won a total of $269,000 in four days last month at Lake of the Torches Resort Casino in Lac du Flambeau.  read more

The Reel Life

The Reel Life knows that times are tough, with jobs particularly difficult to come by. With the job market so tight, we have to wonder what an Ohio man was thinking when filling out an application.  read more

World Series of Slots crowns champ

San Diego resident Michele Leone walked away with the $100,000 grand prize and championship bracelet for her slot victory.  read more

POKER News

POKER

Don Cheadle antes up with Full Tilt Poker

The Oscar-nominated actor who is one of the driving forces behind the Ante Up For Africa charity tournament is now a Friend of Full Tilt.  read more

New WSOP rule could hamper Hellmuth

Thanks to the World Series of Poker's new discipline system, Phil Hellmuth's next temper tantrum could prove costly for the Poker Brat.  read more

Dutchman wins EPT Grand Final in Monte Carlo

Team Pokerstars pro Pieter de Korver won €2.3million at the richest poker tournament held outside Las Vegas.  read more

Did You Know
Did You Know?
Rep. Barney Frank estimates that the U.S. government could generate $62.7 billion in new revenue in just 10 years if it regulated online gambling.
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