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March 16, 2009

Casino City Times Weekly Newsletter
March 16, 2009

Latest From Our Strategy Experts

arrowMark Pilarski: Why roulette and craps have no memory

Why roulette and craps have no memory
Pilarski explains that while each spin of the roulette wheel or toss of the dice on the craps table is an individual event, the same cannot be said for blackjack since the odds constantly shift as cards are dealt from the deck.  read more

Featured Story

Wynn Race & Sports Book rings in the madness with new TV show

March Madness will be even more lively than usual this year for John Avello (right), the Director of Race and Sports at Wynn Las Vegas. The casino resort is playing host to a new TV show hosted by Billy Packer and Bobby Knight and has also built a makeshift sportsbook for the tournament in one of its ballrooms that seats 900.  read more
Wynn Race & Sports Book rings in the madness with new TV show



Hard Rock posts $282.2 million net loss

The Hard Rock Hotel posted its lowest revenues since 2004 with yearly revenues declining 11.7 percent to $164.3 million from $186 million in 2007.  read more

Thousands attend Indiana casino opening

Traffic was backed up for miles as thousands of people turned out for the opening of the $200-million Indiana Live Casino in Shelbyville last week.  read more

LV Sands board member quits

A Las Vegas Sands board member quit because he disagreed with the forced resignation of former company president Bill Weidner.  read more

Atlantic City casinos see biggest monthly decline

Revenue at Atlantic City plummeted 19.2 percent in February, which marked the biggest monthly drop the city has ever suffered.  read more

Delaware governor wants to legalize sports betting

A source told ESPN the Magazine that Gov. Jack Markell will introduce a proposal to legalize sports betting sometime this week.  read more

Sheldon Adelson 'holding up quite well' despite recession

The Las Vegas Sands Chairman says business is sound for company despite concerns about the recession and the replacement of his top corporate lieutenant.  read more

Las Vegas casino winnings plunge 14.7 percent in January

Winnings at casinos on the Las Vegas Strip fell 14.7 percent in January, the fourth straight month of a double-digit decline.  read more

Detroit casinos see profit surge

The three casinos in the Detroit market saw February revenues increase by more than 9% from January.  read more



Woman wins $5 million on penny slot in Oregon

An woman spent about $100 before a $4 bet turned into a $5.3 million jackpot, the largest the Three Rivers Casino and Hotel has awarded since opening in 2004.  read more

The Reel Life

The Reel Life travels to Europe this week, where a Romanian trucker's love of dancing and folk music is getting him police attention.  read more



Registration is open for the 2009 WSOP

Your chance to claim a seat in the World Series of Poker is here after Harrah's announced last week that pre-registration is now available online or in person at the Rio All-Suite Hotel & Casino. The WSOP begins in Las Vegas on May 26.  read more

Canadian wins over $300,000 in WSOP Circuit event

Samuel Chartier, a 23-year-old from Montreal, won $322,944 after outlasting 208 other players in the $5,000 buy-in championship event at Caesars Atlantic City.  read more

San Jose reaches deal on poker rooms

The city of San Jose will allow two card rooms to continue 24-hour operations but will limit gamblers to 20 consecutive hours.  read more

Did You Know
Did You Know?
Forty-five percent of Americans plan to enter at least one college basketball tournament pool, and more than 20% plan to enter three or more, according to a survey conducted by
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