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May 17, 2010

Casino City Times Weekly Newsletter
May 17, 2010

Latest From Our Strategy Experts

arrowFrank Scoblete: What happened to my loose slot?

What happened to my loose slot?
Scoblete says the notion of a slot machine being hot or cold is false. Slots may be different in terms of payouts and hit frequencies, but player wins are random luck.  read more
 

Featured Story

Aria ready for Ivey Room debut

By Howard Stutz
"The Ivey Room" is an exclusive high-limit poker table area named after poker superstar Phil Ivey (right) at CityCenter's Aria in Las Vegas. Aria will host a $1 million VIP Poker Tournament for invited customers May 22. Participants will compete for the $250,000 first-place prize and an opportunity to earn $100,000 by knocking out Ivey.  read more		Aria ready for Ivey Room debut
 

CASINO News

CASINO

Harrah's Interactive CEO talks convergence

Mitch Garber told attendees at the Global iGaming Summit and Expo in Montreal Wednesday that in order for the industry to mature, operators and regulators must all on the same page when it comes to regulation.  read more

Andy Rooney rips industry on "60 Minutes"

The broadcast journalist said "gambling produces nothing" and it was a good thing that the industry suffered during the recession.  read more

Nevada gaming revenues dip slightly

Gaming revenues fell less than 1 percent during the month of March following a double-digit increase in February.  read more

Texas legislator pushes legalized gaming

Republican Jim Pitts said legalized casinos in the Lone Star State could bring in $1 billion in the next two-year budget period and $4 billion annually in the future.  read more

Atlantic City casino revenue levels off

Gaming revenue fell less than 1 percent in April, but the market is bracing for increased competition in Pennsylvania and Delaware.  read more

Paragon Gaming taking on $450 million project in Vancouver

The company won a contract to construct a hotel-casino complex that would be western Canada's largest gaming and entertainment resort.  read more

Aqueduct casino bidding begins again

New York Lottery officials have reopened the search for an operator to manage a proposed 4,500-machine video lottery terminal casino at the Aqueduct Racetrack.  read more

Majestic Star Casino shows growth in revenue

The Indiana casino posted its third consecutive month with year-over-year growth in revenue and admissions.  read more

POKER News

POKER

Online poker bill coming soon to California

California State Senator Roderick Wright told delegates attending GIGSE that he's working on legislation that would license and regulate Internet poker in California.  read more

Bluff Europe opens London card room

A number of top poker pros were in attendance at the christening of the new Bluff Europe card room at the Mint Casino in South Kensington, London.  read more

California native impressive at Cal State Poker Championship

Paul Liu continued his "home court advantage" after winning the opening tournament of Commerce Casino's three-week long Cal State Poker Championship.  read more

Annie Duke holding celebrity tournament at Commerce Casino

The poker pro is holding the tournament at the California casino in support of Arnold Schwarzenegger's after-school nonprofit for at-risk youth.  read more

SLOTS News

SLOTS

The Reel Life

The Reel Life isn't big on driving. So we are channeling our inner Reese Witherspoon to illustrate why online slots players don't get road rage.  read more

Did You Know
Did You Know?
Nebraska philanthropist Terrance Watanabe lost $189 million at Caesars Palace and the Rio in 2007, according to a lawsuit filed against Harrah's Entertainment.
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Royal Caribbean
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Casino City fans wanted
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Top-10 moments from GIGSE
  1. The Google of poker
  2. The Marijuana comparison
  3. The Holy Grail
  4. Squat and $4 billion
  5. The War on Drugs comparison
  6. The odds on federal legislation
  7. The feds could screw up anything
  8. iMEGA wants a Pappas victory lap
  9. Congress has to do something
  10. The Y2K of Internet gambling