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January 16, 2012

Casino City Times Weekly Newsletter
January 16, 2012

Latest From Our Strategy Experts

arrowJohn Robison: Are Vegas video poker machines random?

Are Vegas video poker machines random?
Robison says that the cards you receive on a video poker machine in Las Vegas are dealt randomly. Machines do go through hot and cold streaks, but those streaks are just a consequence of randomness.  read more

Featured Story

States now look towards regulated online gaming

At least a half-dozen states, including Nevada and the District of Columbia, have enacted laws or are contemplating regulatory changes that would allow some form of Internet poker within their boundaries. However, how many individual states end up engaging in online poker activities has become the subject of debate among gaming industry financial analysts and gaming attorneys.  read more
States now look towards regulated online gaming



MGM Resorts reaches land deal in Mass.

MGM Resorts International has entered the race for a Massachusetts casino license after signing a deal to acquire 150 acres in the town of Brimfield for a hotel-casino complex.  read more

Casino City Gang: Not so fast my friends edition

Casino City's Vin Narayanan and Dan Igo discuss how the gaming industry could still screw up online gambling in the U.S., the latest from the PokerStars Caribbean Adventure, Las Vegas looking abroad for tourists and make their NFL playoff picks.  read more

Moody's upgrades view on CityCenter

Moody's says the prospect of increased visitation to Las Vegas this year helps the 67-acre Strip complex that houses the Aria casino.  read more

Ohio casinos delayed by up to two months

The state has yet to complete the necessary background checks and as a result the openings of casinos in Cleveland and Toledo will be delayed for eight weeks.  read more

Gordon Ramsay opening restaurant in Vegas

The celebrity chef will open a restaurant at Paris Las Vegas in the spring called Gordon Ramsay Steak.  read more

New Mexico casino to open Monday

The grand opening of the 86,000-square-foot Northern Edge Navajo Casino will take place at noon on Jan. 16.  read more



IGT acquires Double Down Interactive

International Game Technology has reached an agreement to acquire the online social gaming company for $500 million.  read more

California woman strikes it rich at local casino

A Fresno resident won a $73,493 jackpot on the progressive penny slot machine Loco Loot at Chukchansi Gold Resort & Casino.  read more

Player hits $354,450 jackpot at California casino

A player visiting from Mexico won $354,450 at Sycuan Casino in El Cajon on Aristocrat's Tarzan Lord of the Jungle slot.  read more

The Reel Life

The Reel Life knows there are certain situations in life where the smartest thing you can do is walk away. If you're buying crack cocaine and are sold sugar instead, don't call 911.  read more



Epic Poker League expands internationally

The Epic Poker League has reached a deal that will see more than 70 hours of broadcast coverage featured on The Poker Channel in Europe.  read more

M Resort president opposes poker regulation

Anthony Marnell III said he shares the same view as Las Vegas Sands CEO Sheldon Adelson that online poker is being pushed "way too far."  read more

LA Poker Classic kicks off this week

The 45-day event at the Commerce Casino features 50 separate tournaments offering an anticipated $20 million-prize pool.  read more

PKR online qualifier reaches WPT Ireland final table

Patrik 'PatIvey' Vestlin finished in fifth place in the WPT Ireland event, which was won by Englishman Dave Shallow.  read more

Did You Know
Did You Know?
Team PokerStars Online member Randy "nanonoko" Lew set a new Guinness World Record for the most hands played in an eight-hour session while still turning a profit. The American played 23,493 hands and made a profit of $7.65.
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