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March 15, 2010

Casino City Times Weekly Newsletter
March 15, 2010

Latest From Our Strategy Experts

arrowJohn Grochowski: Why you should avoid 6-to-5 Blackjack

Why you should avoid 6-to-5 Blackjack
Grochowski explains to a reader that playing at a table with a 6-to-5 payout on blackjack inflates the house edge so much that you are better off simply walking away and finding another game to play.  read more
 

Featured Story

MGM Mirage to sell stake in Borgata

By Howard Stutz
MGM Mirage has reached a settlement agreement with Atlantic City regulators to sell its 50 percent stake in the Borgata (right). Gaming analysts believe that MGM Mirage's stake in the casino could fetch between $400 million and $500 million when the company attempts to sell its portion over the next 18 months.  read more		MGM Mirage to sell stake in Borgata
 

CASINO News

CASINO

Vegas visitor volume climbs four percent

January saw 2.877 million visitors come through Las Vegas, compared with 2.765 million a year ago, which marks the fifth straight monthly increase in tourism numbers.  read more

Nevada gaming revenue down 3.2 percent in January

Nevada casinos collected $883.3 million in January 2010 as compared to $912.7 million in 2009, a decrease of 3.2 percent.  read more

Nevada may cramp relationships between casinos and Net

Nevada gaming regulators may restrict relationships between casino operators and non-gambling arms of the Internet gaming industry.  read more

Hard Rock exec's death ruled suicide

The Clark County coroner's office ruled that former Hard Rock Hotel President Randy Kwasniewski died from a self-inflicted gunshot wound.  read more

Las Vegas Strip to go dark

Hotels on the Las Vegas Strip will dim or shut off lights during Earth Hour to draw attention to global climate change.  read more

Harrah's tells Privé Nightclub to pay rent or leave

Harrah's Entertainment told the owners of the bankrupt Privé Nightclub to either pay past-due rent or leave the Planet Hollywood Resort.  read more

Wynn Las Vegas, dealers close to union contract

The Wynn Las Vegas and the resort's dealers are getting closer to an agreement on a union contract.  read more

Plan to build Aqueduct casino rejected

A partnership that included the Navegante Group was rejected Thursday by New York licensing authorities to build and operate a casino at the Aqueduct Racetrack.  read more

SLOTS News

SLOTS

Analyst changes his tune on IGT

Macquarie Securities gaming analyst Joel Simkins said that the slot machine giant is poised to benefit as the casino industry recovers and operators begin changing out older slot machine floors in favor of new products.  read more

The Reel Life

One of the great things about online slots is that sometimes you feel like you're playing with Monopoly money. A Kansas man made a transaction using actual Monopoly money, and paid the price.  read more

POKER News

POKER

A full serving of the Casino City Gang

Vin Narayanan, Gary Trask and Dan Igo talk to 2006 WSOP Ladies Champ Mary Jones, discuss the NBC National Heads-Up Championship, Harrah's launching an online bingo room, the NCAA Tournament and make their best bets.  read more

WSOP announces poker all-star event

The 2010 World Series of Poker Tournament of Champions will feature a $1-million prize pool and give fans the chance to decide the event's participants.  read more

Man makes epic comeback at WSOP Circuit event

A Jamaican-born player survived eight all-ins and overcame a 20-to-1 chip disadvantage to win a WSOP Circuit event in Atlantic City.  read more

Dates set for Party Poker Women's Open

The PartyPoker.com Women's World Open IV will take place in London March 23-24 and will feature both Kara Scott and Annette Obrestad.  read more

Did You Know
Did You Know?
Beverage department revenue on the Las Vegas Strip rose 5% last fiscal year. But income in the gambling, rooms and food departments fell 32%, 23% and 12%, respectively.
Featured Game
Couch Potato
March Madness begins this week, which means many American men will be parking themselves on the couch. A great way to celebrate three weeks of sitting down is by playing Golden Tiger Casino's "Couch Potato" slot machine.

> More Couch Potato Details
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Casino City fans wanted
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Top-10 reasons to stay at the M Resort in Las Vegas
  1. The service
  2. The pool and spa
  3. The free shuttle
  4. The outside dining options
  5. The Race & Sports Book
  6. The rooms
  7. The naturally-lit casino
  8. The 32 Degree Draft Bar
  9. The Hostile Grape
  10. The view