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October 22, 2012

Casino City Times Weekly Newsletter
October 22, 2012

Latest From Our Strategy Experts

arrowJohn Robison: Comparing slot comps

Comparing slot comps
Robison explains why comps for slot players are based on how much they play through a machine, rather than the amount of time they play. He also explains why a $5,000 slot would "slow him down."  read more
 

Featured Story

Casino City Gang: Running the numbers edition

Casino City's Vin Narayanan and Aaron Todd discuss New Jersey's continued push to legalize sports betting in the Garden State, the relaunch of Full Tilt Poker and the debut of Luckity, an online gambling site operated by Churchill Downs. And they end the show, as always, with their NFL picks.  read more		Casino City Gang: Running the numbers edition
 

CASINO News

CASINO

Over $750,000 won during two-day span at Caesars Atlantic City

A poker bad beat jackpot of nearly $600,000 was awarded at Harrah's Resort on Friday, while a $160,000 slot jackpot was hit at Caesars Atlantic City on Saturday.  read more

Silver Legacy Casino in Reno seeks to resolve bankruptcy case

The deal, which calls for a $70 million loan from Wells Fargo and second lien notes, has the "overwhelming support" of creditors.  read more

Atlantic City: Harrah's to build $134 million conference center

Caesars is planning a convention center at its Harrah's property in Atlantic City.  read more

NYX Gaming Group inks deal with Nevada Gold

NYX Gaming Group will provide Nevada Gold's brikc-and-mortar casinos with a social casino app on Facebook.  read more

Negative slots trend continues at Connecticut casinos

Foxwoods Resort Casino reported a 13 percent revenue decline to $46.3 million from $53.2 million in September 2011 while Mohegan Sun reported an 8.5 percent drop to $54.7 million from $59.8 million for the span.  read more

Feds reject Mashpee casino compact with Massachusetts

The Bureau of Indian Affairs has rejected the tribal-state compact that the Mashpee Wampanoag tribe needs to have in place before proceeding with plans to build a casino in Taunton, Massachusetts.  read more

Win a share of $150,000 in Pala's "Trunks of Cash" giveaway

Participants can play Trunks of Cash free in the casino once every 24 hours starting Monday, October 22 until November 25.  read more

Churchill Downs launches new online betting site

Churchill Downs has launched Luckity.com, which allows those with only a casual interest in horse racing to bet in online games.  read more

Poarch Creeks stop construction of Wetumpka casino

Construction has been halted in a show of good faith at the Poarch casino site, as the two tribes attempt to resolve a dispute.  read more

Las Vegas attorney's firm expands practice to Atlantic City

Brownstein Hyatt Farber, which centers its gaming law practice in Las Vegas, announced the hiring of three New Jersey-based gaming attorneys.  read more

Nevada Gold & Casinos finds new corporate home in Las Vegas

The move from Houston is expected to be completed by early next year, according to a company executive.  read more

SLOTS News

SLOTS

The Reel Life: Don't break the ice edition

The Reel Life has always thought that Polar Bear Clubs were an interesting phenomenon, but we've never seen anyone try to cannon ball into an ice-covered swimming pool.  read more

POKER News

POKER

Drache, Roberts earn Poker Hall of Fame nod

The 2012 induction ceremony will be October 30 in the Rio's Penn & Teller Theater as part of World Series of Poker Main Event Final Table festivities.  read more

Did You Know
Did You Know?
The NCAA has removed five NCAA championship events from New Jersey because it is pursuing a plan to legalize sports betting.
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Casino City fans wanted
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Top-10 things to watch for at the WSOP Main Event final table
  1. Will a star be born?
  2. The ESPN effect
  3. TV ratings
  4. The reign of 20-somethings
  5. Chips matter
  6. Chip lead doesn't guarantee victory
  7. Neither do cashes
  8. Bracelets don't help
  9. Americans are 1-for-4
  10. Player of the year race