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October 19, 2009

Casino City Times Weekly Newsletter
October 19, 2009

Latest From Our Strategy Experts

arrowJohn Robison: What do slots do during their pauses?

What do slots do during their pauses?
Robison explains to a skeptical reader that slot machines don't switch into a "cold mode" after running hot. Instead, all the machine is doing during a pause is storing the values of various counters in memory.  read more

Featured Story

A gracious Mike Sexton is heading to the Poker Hall of Fame

Casino City speaks with Mike Sexton, the newest member of the Poker Hall Fame, and finds out who will be his presenter at the ceremony next month in Las Vegas and why his chance run-in with Scotty Nguyen back in 1996 was largely responsible for his success as a poker broadcaster and "ambassador" to the game.  read more
A gracious Mike Sexton is heading to the Poker Hall of Fame



More states betting on gambling

A number of cash-strapped states, including Ohio and Pennsylvania, view legalized gaming revenues as a means to shore up their deteriorating tax bases.  read more

Atlantic City to debate casino smoking ban again

City officials are debating again whether its casinos should go smoke-free a year after delaying a smoking ban.  read more

Poll says Ohio voters split on casino proposal

A poll shows that among 800 likely Ohio voters, 48 percent supported a proposal to build casinos in four cities, while 44 percent opposed.  read more

Talking gambling with the Casino City Gang

In this week's podcast, Casino City's Vin Narayanan, Gary Trask and Dan Igo gather to discuss Mike Sexton reaching the poker Hall of Fame, Illinois' decision to allow horse racing bets online and make their NFL picks.  read more

Former MGM CEO Terry Lanni diagnosed with cancer

Lanni has confirmed the diagnosis and will undergo surgery and chemotherapy.  read more

Wynn, Sands shares fall after Macau report

Shares of Wynn Resorts and Las Vegas Sands fell following a report in the Wall Street Journal that said Macau may be exploring changes in its gambling limits.  read more

MGM Mirage explores Hong Kong IPO

The casino giant is exploring an initial public offering in the Asian market with a listing on the Hong Kong Stock Exchange.  read more

Murren says Wynn doesn't speak for entire industry

MGM Mirage CEO Jim Murren said Steve Wynn isn't the voice for the entire gaming industry after Wynn criticized the Obama administration.  read more



Coin slots disappear again in Atlantic City

Eight old-fashioned slot machines introduced at Resorts Atlantic City in the spring have been converted back to coinless machines.  read more

Slot giant IGT completes makeover

Former Harrah's executive Philip Satre was named chairman of International Game Technology's board of directors.  read more

The Reel Life

One of our mottos is “don't make promises you can't keep.” So if we're in a store and we're offered a free coat, well, we better get that coat.  read more



McEvoy falls short in bid for Hall of Fame glory

Former WSOP Main Event champ Tom McEvoy is thrilled that his friend Mike Sexton is heading to the Poker Hall of Fame, but is disappointed he won't be joining him and hopes the new voting system can be tweaked.  read more

WSOP Circuit in Chicago breaks record

A record 1,412 players entered the no-limit Hold’em tournament at the Horseshoe Casino just outside of Chicago last week.  read more

Laak wins Party Poker World Open V

Phil Laak outlasted a strong final table in London last week that included Mike Sexton, Andy Black and girlfriend Jennifer Tilly.  read more

Did You Know
Did You Know?
Country music star Garth Brooks is coming out of retirement to be the star attraction at the Encore Theater in Las Vegas.
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Poker Patience
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