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April 21, 2008

Casino City Times Weekly Newsletter
April 21, 2008

Latest From Our Strategy Experts

arrowLarry Edell: The secrets of the 'Don't Pass Parlay'

The secrets of the 'Don't Pass Parlay'
With "don't betting" becoming more and more popular thanks to charting tables and qualifying shooters, Edell explains how many craps professionals maximize their profits by utilizing the "Don't Pass Parlay."  read more
 

Featured Story

MGM Mirage: Layoffs are part of planned corporate restructuring

By Liz Benston
MGM Mirage laid off 400 managers last week, but according to President and CEO Jim Murren the cutbacks had little to do with declining business and would have taken place even if the economy were booming. MGM Mirage is the largest casino operator in Nevada and 5,000 of its 67,000 employees are at management level.  read more		MGM Mirage: Layoffs are part of planned corporate restructuring
 

CASINO News

CASINO

Calvin Ayre announces retirement from Bodog

The Bodog founder announced on Monday that he will step away from the limelight as he looks forward to "a more private and meaningful period of giving back and working to support the Calvin Ayre Foundation."  read more

Four Mercedes given away at Hollywood Casino

Four lucky players won new 2008 Mercedes-Benz sedans last weekend at Hollywood Casino Bay St. Louis while another 20 players won $500 in Star Play consolation prizes.  read more

Trump fumes over proposed smoking ban

Warning of possible legal action, Donald Trump denounced a proposed smoking ban that would prevent gamblers from lighting up while playing the slot machines and gaming tables in Atlantic City.  read more

Australian casino plans $400 million upgrade

A name change and $400 million in renovations are in the cards for the Star City Casino as it looks to compete with the Crown Casino in Melbourne.  read more

Fontainebleau stays on course in Vegas

Progress on the Fontainebleau Las Vegas is proceeding, despite the financial uncertainties and cost overruns that are plaguing other projects.  read more

Sheldon Adelson will fight Macau lawsuit

Las Vegas Sands Chairman Sheldon Adelson denies owing a Hong Kong businessman millions of dollars for helping his casino company win a gaming concession in Macau.  read more

Spain's first bookmaker opens shop

Last week marked the opening of Spain's first sports betting shop, one of thousands that bookmakers hope to launch in the football-crazed nation that already bets more than any other European country.  read more

SLOTS News

SLOTS

Slot revenue declines in Connecticut

Slot revenues fell at both Connecticut's casinos during the month of March, but while the losses at Foxwoods Resort Casino got worse, Mohegan Sun experienced its smallest decline in recent months.  read more

The Reel Life

Between YouTube clips of purported Daniel Negreanu meltdowns and Mega Moola play, the Reel Life still found time to track down the latest online slot winners.  read more

Maine tribal slot bill defeated

After being vetoed last Tuesday by Gov. John Baldacci, a bill to allow the Penobscot Nation to operate slot machines at its Indian Island high-stakes bingo facility was killed when lawmakers upheld the governor's decision.  read more

POKER News

POKER

Canadian student wins PokerStars EPT final

A 22-year-old business student from Ontario won the biggest poker tournament ever held in Europe when he took down the PokerStars.com European Poker Tour Grand Final and captured the first-place prize worth $3 million.  read more

Fourth season of NBC's Poker After Dark concludes filming

Ten new episodes will begin airing in July featuring heads-up play and cash games as well as the introduction of Leeann Tweeden as the show's new host.  read more

PokerTek reports expanded European distribution

The automated poker table and software company announced the expansion of its distribution agreement for its Heads-Up Challenge product with Cosmic Video Amusements, which will include coverage for all of Europe.  read more

Did You Know
Did You Know?
VIP baccarat was responsible for 69 percent ($2.6 billion) of the total gross gaming revenue in Macau during the first three months of 2008.
Featured Game
Golden Casino's Evel Knievel
Brilliant animation in the bonus round and catchy music throughout make Evel Knievel The Stunt Master a must for all slot machine players.

> More Golden Casino's Evel Knievel Details
The Gambler
The Gambler
If you looked up problem gambler in a dictionary, you'd see a picture of James Caan playing Axel Freed. Caan earned a Golden Globe for his portrayal of Freed, and his performance alone makes this movie worth watching.

> Purchase this DVD for your collection
Top-10 gambling jokes on YouTube
  1. Lewis Black on gambling on tennis
  2. Flea vacation
  3. No bingo
  4. A poker-playing pastor
  5. Penn & Teller's casino fight
  6. Joe the Pro
  7. Improving the odds in roulette
  8. No cool slot stories
  9. A gambling problem with the New York Giants
  10. Your buddy's girlfriend's perfect bracket