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January 23, 2012

Casino City Times Weekly Newsletter
January 23, 2012

Latest From Our Strategy Experts

arrowFrank Scoblete: Streaks of joy, streaks of pain

Streaks of joy, streaks of pain
Scoblete says streaks come and go when playing casino games or slot machines. The problem with streaks in random games is the impossibility of predicting what will happen next because of what just happened recently.  read more

Featured Story

Pennsylvania now country's second-largest gaming market

Pennsylvania passed Atlantic City to become the No. 2 gaming market in the U.S. behind Nevada after the state generated more than $3 billion in revenues last year. The increase in revenue is being attributed to a full year of table games and opening of the SugarHouse Casino in Philadelphia in late 2010.  read more
Pennsylvania now country's second-largest gaming market



Casino City Gang: Casino ethics edition

Casino City's Vin Narayanan and Dan Igo discuss Nebraska's casino extortion plan, Pennsylvania casinos raking up the cash, player ethics in the casino and make their NFL conference championship picks.  read more

Las Vegas welcomes Obama's tourism push

Tourism industry leaders in Las Vegas applauded a new strategy from President Barack Obama to boost foreign visitation in the U.S.  read more

New York not a threat to Las Vegas

A potential casino in New York City shouldn't worry any of the resort-casinos on the Las Vegas Strip.  read more

New Palms president optimistic on prospects

Joseph Magliarditi said the off-Strip resort enjoyed a profitable last six months of 2011, even as the hotel finalized its new ownership structure.  read more

Gaming companies praise New Jersey's sports betting initiative

Las Vegas gaming companies have applauded the decision by New Jersey Gov. Chris Christie to sign a bill Tuesday into law legalizing sports betting in the state.  read more

Caesars looking to redevelop Mississippi casino

Caesars Entertainment is exploring options for its Grand Casino in Biloxi, which was damaged by Hurricane Katrina in 2005.  read more

Atlantic City casinos celebrating Lunar New Year

Caesars Entertainment Atlantic City is holding a no charge, open to the public Lunar New Year extravaganza on Jan 28.  read more



Macau limiting slots-only casinos

The Macau government has implemented new regulations that will keep slot machine parlors from operating in residential parts of the city.  read more

Woman wins $1.6 million jackpot at California casino

A 55-year-old grandmother from Hanford won a a jackpot of more than $1.6 million at Chukchansi Gold Resort & Casino.  read more

The Reel Life

The Reel Life has never said no to a Chicken McNugget. But we've never offered sexual favors for one either.  read more



Black Friday payment processor pleads guilty

Ira Rubin, one of 11 men indicted on April 15 by the U.S. Department of Justice, pleaded guilty to conspiracy charges in a Manhattan federal court on Tuesday.  read more

Harry Reid offering hope for Internet poker

Sen. Harry Reid said the Department of Justice ruling that has some states angling to operate poker websites will also impel Congress to act on a federal solution.  read more

PokerStars Caribbean Adventure caps successful week

The 2012 PokerStars Caribbean Adventure featured more than 40 events, several high-profile winners and a prize pool of $22,415,560.  read more

Atlantic City bad beat jackpot hits once again

Over $300,000 was paid out to poker players on Thursday morning after the bad beat jackpot was hit at Caesars Atlantic City.  read more

Did You Know
Did You Know?
A commission in Iowa concluded that the state would raise between $3 million and $13 million in annual tax revenue by regulating Internet poker.
Featured Game
Real Deal Money Wheel
One of the easiest games for a casino novice to learn is the Money Wheel. Luckily for Internet gamblers, this game can be played online as well at William Hill Games.

> More Real Deal Money Wheel Details
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