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January 25, 2010

Casino City Times Weekly Newsletter
January 25, 2010

Latest From Our Strategy Experts

arrowAlan Krigman: Gullibility and the gambler

Gullibility and the gambler
Krigman says beware of systems or strategies that claim to beat the house edge. While there are rare cases of winning systems, most require more skill, concentration and practice than bettors are willing to exert.  read more
 

Featured Story

MGM Mirage may exit Atlantic City

MGM Mirage is looking at an initial public offering on the Hong Kong Stock Exchange that could raise $1 billion. Sources said the casino giant is taking steps to exit Atlantic City, where it owns 50 percent of the Borgata (right) and a 72-acre parcel near the resort in an area known as Renaissance Pointe.  read more
MGM Mirage may exit Atlantic City
 

CASINO News

CASINO

The Gang talks NJ, Rush Poker and NFL

Casino City's Gary Trask and Dan Igo are joined by the APCW's Anthony Telesca to discuss New Jersey possibly legalizing online gambling, Full Tilt's "Rush Poker" and make their NFL Championship Sunday picks.  read more

Vegas sportsbooks ready for marquee Super Bowl

Las Vegas has made the Indianapolis Colts a 4 1/2-point favorite over the New Orleans Saints in early lines for the Super Bowl.  read more

Unfinished business across Vegas raises ire

Las Vegas residents have raised concern about the urban blight caused by the multitude of unfinished projects across the city.  read more

Icahn apparently wins Fontainebleau ownership

A report filed in U.S. Bankruptcy Court in Miami says that Carl Icahn submitted the only qualified bid for the Fontainebleau project in Las Vegas.  read more

Reaction mixed on New Jersey online gambling

Reports that New Jersey would make an effort to legalize online gambling have received a mixed reaction in Atlantic City.  read more

Michigan casino on track for summer opening

Construction on the $157 million Gun Lake Casino in western Michigan is two weeks ahead of schedule due to a mild winter.  read more

SLOTS News

SLOTS

Pennsylvania slot market to open up

State authorities have wiped out a four-year-old limitation that held an individual slot machine manufacturer to just 50 percent of the games on a casino's gambling floor.  read more

IGT profits rise by 20 percent despite revenue decline

The slot machine giant posted a 20 percent profit gain as cost-cutting efforts made up for reduced revenues from slow first-quarter sales.  read more

The Reel Life

The Reel Life has managed to avoid committing robbery to fund our slots habit, but an Ohio man found twice isn't nice when trying to score some cash.  read more

POKER News

POKER

Vegas resident wins Heartland Poker Tour event

Kimbo Ung won $125,901 and outlasted some 300 Midwesterners at the Red Rock Resort in the first event of the Heartland Poker Tour.  read more

Caesars Cup to kick off WSOP Europe on ESPN2

The World Series of Poker Europe will return to ESPN on Sunday, Jan. 31 with the inaugural Caesars Cup.  read more

Cash games are king at Commerce Casino

The California casino will have a large volume of big-money cash games in January and February in preparation for the L.A. Poker Classic.  read more

Tony G joins Party Poker roster

Party Poker has added bad boy Tony G to its "Team Party" roster and he will take part in the Premier League IV in Las Vegas in February.  read more

Phil Galfond to join PKR TV

Phil "OMGClayAiken" Galfond will join the crew of PKR TV to commentate on some of the ring-game action on PKR.com.  read more

Did You Know
Did You Know?
Two Las Vegas restaurants -- CUT at The Palazzo and Brasserie at Wynn Las Vegas -- earned AAA 4-Diamond recognition last week, giving Nevada 31 restaurants with that distinction.
Featured Game
Scratch 'N' Spin
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Casino City fans wanted
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