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February 21, 2011
Casino City Times Weekly Newsletter
February 21, 2011 Latest From Our Strategy Experts | | Even if you set and stick to modest winning goals and loss limits, beating the casino is tough, because the house edge always catches up over time.
read more | | Featured StoryBy Howard Stutz The Las Vegas Sands chairman say he is looking into a $20 billion project to bring a smaller version of the Las Vegas Strip to either Madrid or Barcelona. The project would create 180,000 jobs, 20,000 hotel rooms, and meeting, convention and retail space.
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 | Columnist Rudi Schiffer is searching for his Total Rewards Card after delving into a remarkable promotion from the Horseshoe Casino in Tunica.
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The parent company of the Golden Nugget Las Vegas bought the property for $38 million and is expected to rebrand it as a Golden Nugget casino.
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Penn has begun marketing the M Resort to its "highest value players" and says "the response has been encouraging."
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Creative Casinos, headed by former Pinnacle Entertainment CEO Dan Lee, picked up Louisiana's final gaming license and will use it to build a $400 million gaming resort in Lake Charles.
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Through December, the MGM has sold 436 of its 2,400 units in Vdara, Veer and Mandarin. Sales activities slowed in the fourth quarter and analysts aren't expecting much of an upswing in 2011.
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A study from iMEGA suggests online gambling could generate $472 million in tax revenue and bring 57,000 jobs to the state.
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The financier who founded MGM is transferring his charitable foundation to UCLA, and its assets will be used to create the Dream Fund, which will be managed by the UCLA Foundation.
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 | The Casino at Ocean Downs had $3.03 in revenue in January, according to a newspaper report.
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The Reel Life is a big sports fan, but we rarely write about our passion. That changes this week with a football player's interesting public intoxication arrest.
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 | The Gang takes a closer look at Watson, and ponders what it would take for a computer to win a full cash poker game. They also take a look at MGM Grand Hotel fees, Peter Eastgate's return to poker and make their best bets.
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Federated Sports + Gaming's professional poker league will kick off in August with the first of four events, and the league's championship event is set for late January, 2012.
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The event is scheduled to take place from March 17-20 at the Casino Vina del Mar. It is expected to be the biggest poker tournament held in the country.
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Did You Know?
Three hotel-casinos in Macau earned more than half of the Las Vegas Sands' $2.02 billion of fourth-quarter revenue, according to the GamingWire.
Featured Game Everyone dreams of winning the lottery. But the lottery is drawn once a night, and your betting options are rather limited. If you want to play the lottery at any time with a multitude of betting options, head to William Hill Games and play "Lightning Balls." > More Lightning Balls DetailsCasino City fans wantedPlease join us on Facebook by becoming a Casino City fan! It's a great way to meet fellow gamblers and learn more about what’s going on in gambling and at Casino City. In addition, we'll be developing and rolling out some neat Facebook applications in the coming months. > Become a fan - John Hennigan vs. Des Moines
- Seinfeld's 'Challenge'
- Barkley-Bavetta foot race
- Running 70 miles in 24 hours
- Lindgren's golf bet
- 'The Nuts' prop bet challenge
- UB.com WSOP last longer
- Cheers' beard-growing contest
- $10k to eat a burger
- Forrest-Matusow weight loss bets
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Al Krigman: 