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November 19, 2012

Casino City Times Weekly Newsletter
November 19, 2012

Latest From Our Strategy Experts

arrowJohn Grochowski: Doing the math on Let It Ride

Doing the math on Let It Ride
There are a few different ways to calculate the house edge for Let It Ride. Grochowski explains his preferred method, and why the game carries a 3.5 percent of one bet house edge. He also takes a look at the difference between three-reel and video slot games.  read more

Featured Story

The Cosmopolitan to replace pool with ice rink for holidays

The Las Vegas casino will transform its Boulevard Pool into an original holiday theme with a real ice rink set to open Nov. 30. The pool, which will have a view of the Las Vegas Strip, will be covered by a platform, which will be frozen for skating and surrounded by fire pits, picnic tables and Adirondack chairs.  read more
The Cosmopolitan to replace pool with ice rink for holidays



Casino City Gang: Homer is a God edition

Vin Narayanan and Aaron Todd discuss the online poker story line on "The Simpsons," what is -- or isn't -- going to happen with online poker during the lame duck session of Congress, and a chain of events that is threatening to end Atlantic City's revival hopes.  read more



Analysts issue upbeat growth forecast for Strip

The Newmark Grubb Knight Frank Global Gaming Group expects total revenue generated by properties on the Strip to increase between 1.5 percent and 5.3 percent in 2013, assuming a negligible increase in the supply of hotel rooms.  read more

MGM Resorts gets online gaming license

MGM's planned online gaming subsidiary was licensed last week by the Nevada Gaming Commission to offer online poker in Nevada.  read more

Caesars appoints new chief financial officer

Donald Colvin served in a similar position with ON Semiconductor from April 2003 until October.  read more

Bally Technologies taps new CEO

Ramesh Srinivasan, 52, who will also join the company's board, replaces Richard Haddrill, who will become Bally's chairman.  read more

Cantor Gaming signs deal with the Nugget casino in Pahrump

State gaming regulators must approve the deal that allows Cantor to operate the sportsbook at the Pahrump Nugget. Terms were not disclosed.  read more

Station posts profit, buys 50.1 percent of Fertitta Interactive

Station Casinos reported a profit of $11.2 million for the third quarter and acquired the controlling of share of Fertitta Interactive, which will offer online poker in Nevada by June 30 of next year.  read more

Fantasy Springs has "Something to Talk About"

Bonnie Raitt will perform live in concert February 16th at the Special Events Center at Fantasy Springs.  read more



California slot player wins over $550,000 at Pala

Gemma L., who lost her job in August, won $556,559.91 last week while playing a $1 Wheel of Fortune progressive slot.  read more

New study finds slots players don't conform to stereotype

The study found that the most common profile of a slot machine enthusiast was a female homeowner, between the ages of 55 and 60, with at least some college education and an annual household income of more than $55,000.  read more

Veteran wins $500,000 jackpot on Veterans Day

On November 11, a Vietnam War vet won a $500,000 progressive jackpot at Presque Isle Downs & Casino in Pennsylvania.  read more

The Reel Life: Sidewalk driver edition

The Reel Life admits we've been annoyed when we've been stuck behind a school bus when we're late, but we've never resorted to driving on a sidewalk to get around that bus.  read more

Did You Know
Did You Know?
Six groups have applied for Philadelphia's second casino license. -- Pennsylvania Gaming Control Board
Featured Game
Farmer's Market
Thanksgiving is just days away in the United States, and in tribute to the celebration of the harvest, this week's featured game is Paddy Power Casino's Farmer's Market, a five-reel, 20-payline video slot that includes wilds, scatters and a fun bonus round.

> More Farmer's Market Details
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