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July 27, 2009

Casino City Times Weekly Newsletter
July 27, 2009

Latest From Our Strategy Experts

arrowJohn Robison: Are bonus round amounts pre-determined?

Are bonus round amounts pre-determined?
Robison takes a look at whether the outcomes of a slot machine's bonus rounds are pre-determined and the difference between Las Vegas-style slots and other types of machines.  read more
 

Featured Story

Shulman throwing barbs at WSOP

By Howard Stutz
Jeff Shulman will be returning to the World Series of Poker in November to compete for the Main Event title and the WSOP gold bracelet. But the editor of Card Player magazine has not shied away from criticizing the WSOP and Harrah's Entertainment. He says rather than throwing the champion's bracelet "in the garbage" like he originally said he would if he won, he'll auction the bracelet for charity or offer it as a prize in a Card Player-sponsored poker tournament instead.  read more		 Shulman throwing barbs at WSOP
 

CASINO News

CASINO

Harrah's earnings top Wall Street forecast

Harrah's finished ahead of Wall Street expectations, benefiting from cost-cutting and strong performances from markets not named Las Vegas and Atlantic City.  read more

Unions picket Atlantic City casinos

Dealers who haven't been able to negotiate a new contract for two years received a show of support from other unions last week when 150 casino employees marched in front of Caesars Casino on their behalf.  read more

Planet Hollywood nightclub denied liquor license

The Prive nightclub at Planet Hollywood has been ordered to cease operations by midnight Tuesday for allowing topless and lewd activity to take place on site. Planet Hollywood was also fined $500,000 for not properly overseeing the club.  read more

Jim Cramer feeling good about Wynn, Las Vegas Sands

The star of CNBC's "Mad Money" rated shares of Las Vegas Sands and Wynn Resorts as potential buys in his show last week.  read more

Tropicana Las Vegas in a name battle

The new owners of the Tropicana resort in Las Vegas filed a lawsuit in District Court last week claiming the name Tropicana was included in the sale of the resort.  read more

State supreme court may decide fate of gambling in Ohio

High Court likely to decide whether the decision to allow gambling in Ohio rests with voters or the governor.  read more

Ex-dealer sues Caesars Palace over smoke exposure

A dealer who spent 20 years at Caesars Palace has sued the casino and Harrah's Entertainment over exposure to secondhand smoke.  read more

Wynn, LV Sands explore Hong Kong stock offering

Wynn Resorts confirmed it has joined Las Vegas Sands in exploring a potential public stock offering in Hong Kong for its Macau arm.  read more

SLOTS News

SLOTS

IGT, MGM Mirage sign pact

International Game Technology signed an agreement to add approximately 300 Wheel of Fortune slot machines to MGM Mirage casino properties.  read more

Investors bet on IGT despite down quarter

Shares of the slot maker soared more than 14 percent despite a 39 percent decline in profits.  read more

The Reel Life

The Reel Life knows there are no "sure" things in gambling. Just ask a married couple in England who thought they had a foolproof way to beat the house, but saw their plan go up in flames.  read more

POKER News

POKER

WSOP Academy heading to Chicagoland

Annie Duke, Matt Graham, Bernard Lee and Joe Navarro will lead two days of in-depth instruction at the Horseshoe Casino just outside Chicago.  read more

PokerStars to hold event in Kiev

The EPT Kiev Sports Poker Championship will be held in the Ukrainian capital from August 18-23.  read more

Did You Know
Did You Know?
If Michigan's Joe Cada wins the World Series of Poker Main Event in November, he'll supplant Peter Eastgate as the tournament's youngest champ.
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Casino City fans wanted
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Top-10 reasons to try gambling online
  1. It's more fun
  2. Annoy significant other
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  8. The weather sucks
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