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March 17, 2008

Casino City Times Weekly Newsletter
March 17, 2008

Latest From Our Strategy Experts

arrowFrank Scoblete: Which game provides more casino comps?

Which game provides more casino comps?
Scoblete takes a look at one of the age-old questions in gambling: All of the things being equal, does playing craps earn you more comps at the casino than video poker or other slot games?  read more
 

Featured Story

Is Taiwan the next great Asian gaming destination?

After spending the past three years piecing together a 27-acre beachfront parcel on Taiwan's island of Penghu for a potential casino and resort development, Navegante Gaming founder Larry Woolf may see his vision become a reality as Taiwan's presidential campaign has revived discussions about legalizing casinos on the island.  read more

Is Taiwan the next great Asian gaming destination?
 

CASINO News

CASINO

Gambler loses £2m suit against William Hill

A compulsive gambler has lost his bid to force the bookmaker to repay his excessive losses and was ordered to pay William Hill £175,000 in legal fees.  read more

Atlantic City stops declining revenue trend

After 10 months of losing money to slot parlors in bordering states, the Atlantic City casino industry eked out a small victory in February.  read more

Harrah's pulls Bahamas resort plan

Gaming giant nixes $2-billion proposal for a six-hotel resort in the Bahamas because it has taken too long to organize.  read more

Rhode Island looks at gambling expansion

State lawmakers have turned their attention to professional sports-betting and around-the-clock gambling at Twin River and Newport Grand as possible ways to plug the state's massive budget deficit.  read more

Australia casinos face ATM ban

Automatic teller machines will be banned in all Victorian pokie venues under a Brumby Government crackdown on problem gambling.  read more

Offshore casino to open in Goa

A 70-meter-long floating casino will anchor just off the Indian coast next month and is touted as the biggest gambling establishment in South Asia.  read more

Sands Kansas application goes to City Council

An application for a $777-million resort, hotel and casino in Edwardsville will go before the City Council after receiving the unanimous blessing of the city’s Planning Commission.  read more

Alberta gaming revenues exceed expectations

Canadian province expected to take in more than $1.5 billion for 2007-08, which would be $90 million more than what was forecast.  read more

SLOTS News

SLOTS

Bar-top machines to help fight smoking ban

In an effort to win back the business of displaced casino-smoking gamblers, United Coin will deploy 100 high-tech, bar-top slot machines developed by Bally Technologies in Nevada over the next two weeks.  read more

Casinos find that profits from penny slots can add up

Penny slots have caught on in Nevada casinos and have replaced many of the older 25-cent and dollar machines. Now they're taking over the Strip and raking in record revenue.  read more

The Reel Life

This week's edition features a "great deal" at Jackpotjoy, new games from Belle Rock Entertainment and a St. Patrick's Day promotion.  read more

POKER News

POKER

Harrah's adjusts WSOP rule book

Excessive celebrations will be penalized at this year's World Series of Poker while last year's rule that barred players from showing just one of their mucked cards at the end of a hand has been amended.  read more

PokerStars launches Latin American tour

The popular online poker site will kick off Latin America's first major poker tour, the LAPT, on May 3-5 in Rio de Janeiro, Brazil. The tour will also make stops in Costa Rica on May 22-24 and Uruguay on Aug. 7-9.  read more

WPT and GSN team up to launch integrated Web site

WPTonGSN.com will align the two brands and feature behind-the-scenes footage, player history, archived World Poker Tour updates and statistics.  read more

Did You Know
Did You Know?
The average annual base salary for a cocktail server in a Las Vegas casino is $15,680, according to salary.com.
Featured Game
Crazy Dragon
For those of you that like your slots old school, Rushmore's Crazy Dragon is about as close to perfection as it can get. It features one payline, three reels, eight symbols, three different ways to earn extra spins, and four ways, not including the progressive jackpot, to win.

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The Color of Money
The Color of Money
Martin Scorsese directs this follow-up to The Hustler. Newman reprises his role as "Fast Eddie" Felson and takes young player under his wing and tries to show him the ropes in competitive pool. Newman won an Oscar for his role in this movie.

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