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January 17, 2011

Casino City Times Weekly Newsletter
January 17, 2011

Latest From Our Strategy Experts

arrowJohn Robison: Do slots in the high-limit room pay more?

Do slots in the high-limit room pay more?
Robison says that, to the best of his knowledge, there is no difference in long-term payback between $5 slot machines in the high-limit room and $5 slot machines on the main casino floor.  read more
 

Featured Story

Presidential politics could affect N.J. online gambling legislation

By Vin Narayanan
If Gov. Chris Christie (right) has presidential aspirations, he might veto New Jersey's historic bid to become the first state to license and regulate online gambling in the U.S. But if Christie isn't worried about the national political implications, he'll likely sign the online gambling bill into law.  read more		Presidential politics could affect N.J. online gambling legislation
 

CASINO News

CASINO

The Gang breaks down the N.J. bill

Casino City's Vin Narayanan and Dan Igo join Aaron Todd to talk about the passage of online gambling legislation in New Jersey, innovations from PokerStars and Xbox Live, their gambling "to-do" lists and make their NFL playoff game picks.  read more

Casinos looking towards social media to entice customers

Casino operators like Caesars Entertainment have turned to Facebook, Twitter and Foursquare to communicate with customers about deals.  read more

Nevada gaming revenues drop six percent in November

Analysts say the dip in revenues is due to declines in volume, revenue and hold percentage for baccarat.  read more

Vegas visitor count inches up one percent

The visitor count for Las Vegas grew by just one percent compared to the same month in 2009, the lowest rate of increase since April.  read more

Station Casinos to hire 1,000 new employees

Station Casinos will hire 1,000 employees over the next couple of months with all open positions posted online.  read more

Nevada casinos opposing new fee plans

There isn't much support from casinos for a proposal that would raise $28.7 million annually through additional fees.  read more

Illinois lawmakers kill gaming expansion

Lawmakers rejected a bill that would have permitted five new casinos and allowed for slot machines at racetracks and area airports.  read more

Pinnacle Entertainment to acquire Ohio racetrack

The Ohio State Racing Commission approved plans by Pinnacle Entertainment to acquire the River Downs Racetrack in southeast Cincinnati.  read more

Two Southern gaming conferences join forces again

The 18th annual Southern Gaming Summit and the 15th annual BingoWorld Conference and Expo will be held May 4-5 in Biloxi.  read more

SLOTS News

SLOTS

Gaming industry criticizes "60 Minutes" report

Gaming industry proponents poked holes in a "60 Minutes" segment that claimed high-tech slot machines create problem gamblers and states prey on those individuals to provide gambling revenues.  read more

IGT to showcase slot offerings in London

Slot machine giant International Game Technology will display its latest suite of games at the International Casino Exhibition Jan. 25-27.  read more

The Reel Life

The Reel Life does manage to go outside once in awhile to get some exercise, but never in our wildest dreams would we go to Siberia to bike.  read more

POKER News

POKER

Negreanu takes top spot on all-time money list

Daniel Negreanu overtook Phil Ivey for the top spot on the all-time live tournament money list after winning $1 million for finishing second in the $100,000 Super High Roller event at the PokerStars Caribbean Adventure.  read more

PKR introduces social games in Europe

"PKR Socials" will be held across the U.K. and Europe, with the first event taking place in Manchester, England on Feb. 26.  read more

Did You Know
Did You Know?
Galen Hall, a 24-year-old from San Francisco, outlasted a field of 1,560 players to win the PokerStars Caribbean Adventure Main Event and take home $2.3 million.
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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.

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Top-10 reasons Gov. Chris Christie should sign the N.J. online gambling bill
  1. Makes him seem "younger"
  2. Demonstrates his independence
  3. Makes Atlantic City younger
  4. Protects New Jersey residents
  5. Regulates already thriving industry
  6. Creates harmony with legislature
  7. Gives A.C. a shot in the arm
  8. Revenue
  9. Jobs
  10. N.J. a leader in emerging industry