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October 12, 2009

Casino City Times Weekly Newsletter
October 12, 2009

Latest From Our Strategy Experts

arrowJohn Grochowski: The truth about roulette

The truth about roulette
Grochowski explains that while roulette is not one of the best bets in the casino because of a house edge that can go as high as 7.89%, he does not hate the game. Instead, he treats it as a fun diversion.  read more
 

Featured Story

Vegas visitor volume dips in August

By Howard Stutz
Tourism to Las Vegas fell 3.7 percent in August, the 15th straight month the number of visitors to Sin City has decreased. Almost 3.1 million travelers came to Las Vegas during the month, compared with 3.2 million in August 2008. And occupancy was down 6.9 percent from last year despite aggressive seasonal promotions.  read more		Vegas visitor volume dips in August
 

CASINO News

CASINO

Wynn trip package offers private jet to Vegas

The company announced this week that the Wynn Las Vegas and Encore will offer a vacation package that pairs private jet service with the resorts' accommodations.  read more

Analyst says more casinos won't save Vegas

A Union Gaming Group analyst says building new casinos won't rescue Las Vegas' struggling economy. Instead, the city will have to wait for an economic recovery.  read more

Privé gets 90-day liquor license

The Planet Hollywood nightclub will operate with a temporary license as police continue a background investigation of the club's new owners.  read more

Penn National makes pitch for Fontainebleau Las Vegas

Penn National is offering less than $300 million for the stalled Strip resort, which is valued at almost $3 billion.  read more

Wall Street sees hope despite drop

Despite August becoming the 20th straight month that Nevada's gaming revenues have declined, Wall Street says there are some signs of hope.  read more

Philadelphia casino breaks ground amid protests

The $310-million SugarHouse Casino broke ground on Thursday with protest chants often drowning out the applause of supporters.  read more

Ohio might drain business from Detroit casinos

Casinos in Michigan and other states neighboring Ohio could lose up to $1 billion if the Buckeye State approves a gambling measure.  read more

Greektown matches MGM Detroit offers

The Michigan casino is matching all of rival MGM Detroit's slot and table game offers up to $1,000.  read more

Chicago Olympic Village site won't be casino

Mayor Richard Daly shot down an idea of a casino on the site of what would have been the 2016 Olympic Village in Chicago.  read more

SLOTS News

SLOTS

Wynn makes move for Aqueduct slots

Wynn Resorts raised $500 million through a bond offering in a bid to redevelop New York City's Aqueduct Racetrack and operate 4,500 slot-machine-style video-lottery terminals.  read more

Minnesota rep says slots could pay for Vikings stadium

A Republican legislator says that the best option for raising money for a new Vikings stadium is allowing more slot machines.  read more

The Reel Life

There are bad ideas, very bad ideas and then there are terrible ideas. The Reel Life has never had a terrible idea. Unfortunately for a Wisconsin man, he can't say the same thing.  read more

POKER News

POKER

Stars are out for Party Poker World Open V

The Party Poker World Open V began on October 11 and features a number of top pros, including Tom "durrrr" Dwan.  read more

Gustavson wins EPT London Poker Festival Main Event

American Aaron Gustavson beat WSOP Main Event champion Peter Eastgate heads-up after only seven hands and 15 minutes to win the Main Event title and a first place prize of £850,000.  read more

Did You Know
Did You Know?
CityCenter, which opens on the Las Vegas Strip in December, is expected to employ 10,000 people to work in its residences, retail stores, restaurants and casinos.
Featured Game
Poker Dice
The WSOP Main Event final table is only a few weeks away, and the gambling world is abuzz with poker fever. If you are afflicted with this fever, but want to take a break away from the tables for a little bit, head over to Golden Casino and try out “Poker Dice.”

> More Poker Dice Details
Casino City fans wanted
Casino City fans wanted
Please join us on Facebook by becoming a Casino City fan! It's a great way to meet fellow gamblers and learn more about what’s going on in gambling and at Casino City. In addition, we'll be developing and rolling out some neat Facebook applications in the coming months.

> Become a fan
Top-10 tidbits for the NFL bettor after five weeks
  1. The spread doesn't matter
  2. Home field is overrated
  3. Bad teams will get better
  4. The lines will rise
  5. Big favorites are rolling
  6. The Year of the Favorite
  7. Are the Broncos for real?
  8. The G-Men are dominating
  9. Don't bet on bad teams
  10. Good teams are cashing in