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May 18, 2009

Casino City Times Weekly Newsletter
May 18, 2009

Latest From Our Strategy Experts

arrowMark Pilarski: Blackjack and 3-Card Poker theories

Blackjack and 3-Card Poker theories
Pilarski answers questions from readers regarding a new version of blackjack, the advantages of having a dealer who stands on soft 17s and the benefits of playing the Pairs Plus option at the 3-Card Poker table.  read more
 

Featured Story

NFL might sue Delaware over sports betting

The league -- which has long opposed any form of sports gambling for fear that it would threaten the integrity of the games -- filed a legal brief with the state Supreme Court arguing that sports betting would violate the state's constitution because it's a "skill" game. Last week Gov. Jack Markell signed a bill that would make Delaware the only state east of the Mississippi River to allow betting on sports.  read more
NFL might sue Delaware over sports betting
 

CASINO News

CASINO

MGM plans to avoid selling Bellagio, Mirage

MGM Mirage unleashed a series of financial initiatives aimed at bolstering its balance sheet -- and signaled its Bellagio and Mirage hotel-casinos won't be sold anytime soon.  read more

Hurting AC casinos brace for newest nearby competitor

As revenue at Atlantic City casinos continues to plunge, a new competitor will enter the market later this month when the Sands Bethlehem Casino opens its doors in nearby Pennsylvania.  read more

MGM Mirage completes stock sale

MGM Mirage placed 143 million shares of common stock on the market last week as part of an effort to raise $2.5 billion.  read more

Nebraska high roller claims casino plied him with drugs

Philanthropist Terrance Watanabe is accusing Caesars Palace and the Rio of providing him with alcohol and -- in the case of Caesars Palace -- prescription painkillers as his losses increased.  read more

Analyst says gaming stocks still risky

Steven Kent of Goldman Sachs told investors a number of risks continue to persist surrounding the stocks of Las Vegas-based casino operators.  read more

Las Vegas Sands plans job cuts in Macau

The casino giant indicated to Bloomberg News that it will cut another 3,000 to 4,000 jobs in Macau.  read more

Texas folds on expanded gambling

A bill to legalize Texas poker rooms is on life support and a bill aimed on expanding casino gambling died in the House.  read more

KC-area casinos see more gains

The four Kansas City casinos' monthly take grew to $61 million in April, up 3.4 percent from last year.  read more

SLOTS News

SLOTS

Foxwoods and MGM Grand see gain in slots

The two Connecticut casinos saw a net gain of $57.5 million in slot machine gaming revenue last month, a 1.3 percent increase from April of last year.  read more

The Reel Life

It was a big week in the Reel Life with lots of players winning. And though we got hungry while playing and trying to get lucky ourselves, we don't think we would trade freedom for food like one crook did this week.  read more

POKER News

POKER

Yeah baby! Scotty Nguyen signs on with Expekt

The Prince of Poker signed a deal with the popular European poker room just in time for the start of the World Series of Poker later this month.  read more

Facebook players to battle for Main Event seats

The World Series of Poker is partnering with Facebook poker provider Zynga to give players a chance to win seats in this summer's Main Event.  read more

Poker pro wins World Series of Golf

It took two extra holes, but Jody Garaventa defeated Kevin Dumont to win the $300,000 first prize last week at the Las Vegas Paiute Golf Resort.  read more

WSOP signs new presenting sponsor

Jack Link's Beef Jerky replaces Milwaukee's Best Light as the new presenting sponsor of the most famous poker tournament in the world.  read more

Did You Know
Did You Know?
The NASCAR Cafe at the Sahara Hotel in Las Vegas is selling a two-foot-long, six-pound burrito for $19.95. Patrons who can finish the entree get it for free as well as two unlimited passes to ride the hotel's roller coaster.
Featured Game
Bollywood
If you like a video slot machine that whisks you away to a different country and you love to “let it ride” when you're playing with the house's money, Everest Casino’s India-themed Bollywood is perfect for you.

> More Bollywood Details
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Casino City fans wanted
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