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March 2, 2009

Casino City Times Weekly Newsletter
March 2, 2009

Latest From Our Strategy Experts

arrowJohn Grochowski: A shuffle through the gaming mailbag

A shuffle through the gaming mailbag
Grochowski answers questions from his readers regarding how craps bets with high house edges can eat your bankroll, who the automatic shufflers favor and whether or not you should ever split 10s at the blackjack table.  read more
 

Featured Story

Thousands celebrate opening of new Las Vegas resort

By Howard Stutz
For an evening, at least, the opening of the new $1-billion, 390-room M Resort located 10 miles south of the Las Vegas Strip helped people forget the economy as some 4,000 guests enjoyed the fireworks display at Sunday's grand opening.  read more		Thousands celebrate opening of new Las Vegas resort
 

CASINO News

CASINO

Atlantic City comps harder to come by

Promotional expenses were down five percent to $1.55 billion compared to $1.63 billion in 2007, according to the New Jersey Casino Control Commission.  read more

MGM Mirage borrows from credit line

MGM Mirage's decision to tap into its revolving credit line to borrow $842 million sent the company's stock prices to a record low.  read more

Developer eyes Spanish casino in rural Nevada

Ed Ringle wants to build the first fully themed Spanish-speaking hotel-casino that caters to the family about 118 miles north of Las Vegas.  read more

Mohegan Sun and Foxwoods downgraded

The credit ratings for Connecticut's two major casinos were downgraded by Standard & Poor's and Moody’s Investors Service.  read more

Efforts being made to expand Texas gambling

Proponents of expanded gambling in the state legislature want to permit casinos in major cities and legalize slot machines at racetracks.  read more

SLOTS News

SLOTS

Maryland racetrack wants slots bid allowed

Maryland's state government disqualified a slots bid from Laurel Park because the track did not pay a required $28.5-million application fee.  read more

No slots for Michigan race tracks

A federal judge rejected a bid by Michigan horse tracks to overturn an initiative that prevents the tracks from installing slot machines.  read more

The Reel Life

The Reel Life knows how frustrating life can be sometimes. That's why we're bringing you the plight of a 70-year-old Missouri man who got so frustrated he just wanted to shoot something.  read more

POKER News

POKER

Heads-up field gets better and better

The field for NBC's 2009 National Heads-Up Poker Championship has been released and will feature many of the top players in the world.  read more

PokerStars qualifier to play heads-up on NBC

Blandino Gines is "still in shock" after surviving 590,000 players to win a seat at the NBC National Heads-Up Poker Championship.  read more

Phil Ivey wins $1.1 million online in one night

Phil Ivey started off the year in uncharacteristically slow fashion, reportedly losing more than $2 million in a month and a half. But after rolling to a $1.1-million evening in which he won three six-figure head-to-head pots against Tom "durrrr" Dwan last week, Ivey seems to be well on his way back.  read more

Cornel Cimpan wins L.A. Poker Classic

Chris "Jesus" Ferguson finished in sixth place in the WPT tournament while Cimpan took home a first prize of $1,686,760.  read more

Did You Know
Did You Know?
The new M Resort that opened in Las Vegas on Sunday has a special dispensing system in its wine cellar that helps preserve bottles, allowing it to offer 120 different wines by the glass.
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Potshot
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Casino City fans wanted
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Top-10 players to watch at the Heads-Up Championship
  1. Tom "durrr" Dwan
  2. Chris Ferguson
  3. Phil Ivey
  4. Scotty Nguyen
  5. Phil Hellmuth
  6. Peter Eastgate
  7. Ivan Demidov
  8. Gabe Kaplan
  9. Clonie Gowen
  10. Doyle Brunson