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February 25, 2008

Casino City Times Weekly Newsletter
February 25, 2008

Latest From Our Strategy Experts

arrow John Grochowski: Timely tax advice for gamblers

Timely tax advice for gamblers
With April 15 less than two months away, Grochowski offers up some advice to follow for those fortunate gamblers who won enough money in 2007 to pique the interest of the IRS.  read more
 

Featured Story

PokerPro table tourney draws record crowd at Casino de Montreal

The inaugural No Limit Texas Hold'em Poker Tournament held in the casino's new automated poker room drew a record 240 players last week and thanks to the use of the PokerPro tables, just four staff members were required to run the event. The $225 buy-in tournament was sold out two weeks in advance and Mohamed Nadim, an engineering student, walked away with the $20,000 first-place prize.  read more

PokerPro table tourney draws record crowd at Casino de Montreal
 

CASINO News

CASINO

Macau building boom continues

In the fourth quarter of 2007, 23 hotel projects were under construction in China's gaming capital while 33 others were subject to examination by authorities.  read more

Monte Carlo in Las Vegas opens its doors again

Almost exactly one month after a damaging fire, the Monte Carlo Hotel reopened as scheduled last week and welcomed guests into the resort's casino, hotel tower, restaurants, showroom and meeting facilities.  read more

New casino in England nears opening

The race to turn Yarmouth into a Monte Carlo-style gambling capital will be stepped up later this week with the opening of a multi-million-pound casino predicted to attract up to 75,000 visitors a year.  read more

Grand Casino Resort Tunica celebrates 10th anniversary

Enhancements at the resort's acclaimed championship golf course are unveiled as Mississippi continues to thrive as the third-largest gaming destination in the U.S. after Las Vegas and Atlantic City.  read more

Ban on cell phones in Vegas sports books is revisited

Nevada regulators are taking another look at the ban because critics see it as outdated in a technological age when unlimited betting information and gambling opportunities are available 24 hours a day on the Internet.  read more

Michigan legislators split over casino decision

Legislation designating sites in Port Huron and Romulus for Indian casinos has split opinions within the Michigan congressional delegation.  read more

Atlantic City renovation projects continue

Plans over the next four years call for $20 billion worth of casino, hotel, restaurant and retail construction and renovation projects.  read more

Number of U.K. casinos to nearly double

Despite a government promise to restrict casino openings, gaming firms have applied to build 125 smaller casinos and 16 'regional' centers to add to the 144 that already exist.  read more

SLOTS News

SLOTS

College student has $3.5 million reasons to smile

During a family visit to Mohegan Sun in Connecticut over President's Day weekend, a 21-year-old college student won just over $3.5 million playing a Progressive Wheel of Fortune Special Edition machine.  read more

The Reel Life

It was a Tycoon of Treasure for Hazel P at Jackpotjoy while the Bodog slots were hit for more than $15,000 by Chad W.  read more

Slots help Michigan casino ring in huge profits

Four Winds Casino in New Buffalo generates nearly $49 million in slot-machine revenue in its first two months of operation.  read more

California state senator introduces slots bill

Sen. Jim Battin (R-Palm Desert) says his new legislation will help casinos with fewer than 2,000 slot machines get licenses for the full 2,000.  read more

POKER News

POKER

WSOP announces changes in 2008 schedule

Harrah's Entertainment is swapping dates for two events at the 2008 World Series of Poker in order to enable ESPN to film extensive coverage of the H.O.R.S.E. World Championship, which will now be played on Wednesday, June 25.  read more

iPokerCal.com offers calendar for poker players

With so many poker events taking place across the world online and offline, the new site gives poker enthusiasts a 'one stop' guide to manage their poker calendar more effectively.  read more

Did You Know
Did You Know?
Former LA Dodger pitcher and Cy Young award winner Orel Hershiser has been invited to play in this weekend's National Heads-Up Poker Championship at Caesars Palace.
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