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November 26, 2007

Casino City Times Weekly Newsletter
November 26, 2007

Latest From Our Strategy Experts

arrowFrank Scoblete: Crazy gamblers

Crazy gamblers
Blackjack, video poker and craps players often make poor decisions like playing the wrong machines or getting caught up in the moment, making it difficult to win in the short run and nearly impossible to win in the long run.  read more
 

Featured Story

Sahara receives face lift instead of demolition

By Howard Stutz
New California-based owners are sparing the classic Las Vegas property from death by implosion and have invested more than $2 million since August to make cosmetic changes throughout the hotel's public areas. They are also evaluating larger changes at the 55-year-old Strip casino, including changing the name and adding some trendy clubs and restaurants.  read more		Sahara receives face lift instead of demolition
 

CASINO News

CASINO

Study attempts to quantify number of Nevada online gamblers

While regulators already have the authority to adopt rules governing in-state online gambling, they want the legislature to revisit the issue before moving forward.  read more

MotorCity Casino set for Wednesday opening

The Detroit skyline was completely reinvented last week when construction of the $300-million, 17-story, 400-room hotel and casino was completed.  read more

Wild Horse Pass Casino project breaks ground

Members of Arizona's Gila River Indian Community began work on a $200-million casino they hope will revitalize the 600-square-mile community.  read more

Tropicana owner admits to mistakes

William J. Yung III said changes are under way to "stabilize the ship" after a rocky 11 months of operation.  read more

Borgata sports-betting ring results in suspensions

State gaming regulators suspended the casino employee licenses of six people charged in a $22 million illegal sports-betting ring at Borgata Hotel Casino & Spa.  read more

Venetian to begin testing handheld gambling devices

Questions remain about the rubber-encased machines that will allow Las Vegas gamblers to wager at casino restaurants, showrooms or nightclubs.  read more

Casino exec says Taiwan casinos could generate billions

As Taiwan considers allowing casinos on outlying islands, Amazing Holdings CEO predicts $3 billion in revenue.  read more

Official clears way for California casino votes

California's chief election official has cleared the way for voters to decide on several casino expansions on the Feb. 5 ballot.  read more

SLOTS News

SLOTS

Maryland slots can be blocked

Local government officials could block the legalization of slots even if voters approve a ballot initiative.  read more

Virginia governor nixes slot idea

Gov. Tim Kaine said it is unlikely that the state will follow Maryland's attempt to legalize slot-machine gambling to generate revenue.  read more

The Reel Life

In this week's edition, Pamela G makes winning jackpots an annual affair while Tycoon Treasure serves up another winner.  read more

POKER News

POKER

Table deals out human factor

Televised tournaments have made poker a casino favorite, but with players betting against one another (instead of against the house), casino executives view poker as simply a necessary annoyance.  read more

Absolute Poker jackpot back on the rise

Bad Beat Jackpot reaches six figures less than 24 hours after the game produced a $300,000 winner.  read more

Retired casino manager wins Aussie Millions package

A 51-year-old from the U.K. walked away with an $11,000 prize package, including a buy-in to the 2008 Aussie Millions.  read more

Did You Know
Did You Know?
The inaugural FTOPS had 7,789 players and a $1.9 million purse. This month's FTOPS VI had 27,493 players and a $11.1 million purse.
Featured Game
Full House Bingo
Full House Bingo, a popular bingo game played in bingo halls in the U.K., is now available at Jackpotjoy. Players can buy bingo tickets and receive free bonus tickets to win progressive jackpots and Super Jackpot prizes.

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Cincinnati Kid
Cincinnati Kid
Steve McQueen playing poker. It doesn't get any better than that. Oh yeah, Ann-Margret is in it too.

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Top-10 Casino Parking Lots
  1. Sandia Resort & Casino
  2. Mohegan Sun Casino
  3. Seminole Hard Rock Hotel & Casino Hollywood
  4. Foxwoods Resort Casino
  5. Pechanga Resort & Casino
  6. Caesars Palace
  7. Casino de Genting
  8. Borgata Hotel Casino & Spa
  9. Rio All-Suite Hotel & Casino
  10. Tie: Bellagio, MGM Grand Las Vegas, Las Vegas Sunset Station Hotel and Casino