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February 16, 2009

Casino City Times Weekly Newsletter
February 16, 2009

Latest From Our Strategy Experts

arrowJerry Stickman: Taking full advantage of the Pass Line bet

Taking full advantage of the Pass Line bet
Stickman explains how the low house edge on the Pass Line in craps is a result of the two-to-one advantage on the come-out and how the house edge can be lowered further when the shooter can control the dice.  read more

Featured Story

Nevada casinos on the lookout for iPhone card counters

California gaming authorities have tipped off their Nevada counterparts to a blackjack card-counting application that can be downloaded to the iPhone and iPod Touch. The program -- considered a felony in Nevada -- uses four different strategies and can be run without detection as long as the user knows where the keys are.  read more
Nevada casinos on the lookout for iPhone card counters



Las Vegas Sands profits continue to plummet

Las Vegas Sands saw a net loss of $111.3 million in the fourth quarter, despite seeing revenues increase 4.3% because of an uptick in business at The Venetian and Palazzo in Vegas.  read more

Rio rolling out mobile marketing campaign

The Las Vegas hotel is testing a campaign that sends text-message alerts to customers about real-time promotions.  read more

Stimulus bill could hurt Las Vegas economy

An amendment in the $787-billion stimulus bill passed by Congress calls for the government to decide what is or isn't "excessive" business travel, which could make life more difficult for Las Vegas destination resorts.  read more

Las Vegas still smarting over Obama comments

President Barack Obama's comment that travel to Las Vegas is a sign of corporate excess has touched a nerve in Sin City.  read more

Analyst says Hooters Hotel in Las Vegas could default

The off-Strip property estimated that it would post an operating loss of $1.5 million in the fourth quarter.  read more

Casinos losing millions over gambling debts

Vegas casinos are taking huge losses from deadbeat gamblers who are walking away from debt.  read more

Connecticut A.G. wants casino smoking ban

Attorney General Richard Blumenthal submitted a bill that would ban smoking at Foxwoods Resort Casino and Mohegan Sun by October 2011.  read more

Kansas City casinos rake it in despite recession

Casino admissions jumped 6.3% in January over the same month a year ago as changes in Missouri law had a strong effect on gaming. Meanwhile, casino revenues in neighboring states were down dramatically.  read more



Two Maryland slot bids rejected

Proposals for the Laurel Park racetrack in Anne Arundel County and Rocky Gap State Park in Western Maryland were thrown out.  read more

The Reel Life

The Reel Life sometimes hits a cold streak at the slots. But we hope to never have the luck of a South Korean grandmother, who has been running cold since 2005.  read more

Kentucky racetrack slots bill revived

House Speaker Greg Stumbo wants to add slot machines at Kentucky racetracks, but doubts the measure will pass this year.  read more



Poker pros compete in celebrity challenge

Gavin Smith and former WSOP Main Event champ Greg Raymer participated in the Legends of Basketball Par and Poker Celebrity Challenge for Charity event, held during the NBA All-Star break in Arizona.  read more

National Heads-Up Poker Championship returning in March

The popular event will be held March 6-8 at the Caesars Palace Poker Tournament Room in Las Vegas and air on NBC in April and May.  read more

Did You Know
Did You Know?
The number of people that visited Las Vegas declined a whopping 14.2% in December compared to 2007. Tourism numbers overall in 2008 were down 4.4%.
Featured Game
This past Saturday was Valentine's Day, a day that women love and men love to hate. A good way for both women and men to get into the holiday spirit is Online Vegas' "Cupid's Arrow" slot game.

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