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December 28, 2009

Casino City Times Weekly Newsletter
December 28, 2009

Latest From Our Strategy Experts

arrowAlan Krigman: Are casino gamblers anxious about the edge?

Are casino gamblers anxious about the edge?
Krigman says that casinos make their money on long-term averages involving tens or hundreds of thousands of patrons and untold millions of bets. Conversely, individual players tend to focus on the results of single rounds.  read more
 

Featured Story

Hard Rock, Planet Hollywood open new towers

The 374-room HRH Tower at the Hard Rock Hotel and the 1,201-room PH Towers at Planet Hollywood Resort opened Monday in Las Vegas. These openings come less than two weeks after the debut of the mammoth Aria at CityCenter and will add 1,575 more rooms to a market that's already straining to fill them.  read more
Hard Rock, Planet Hollywood open new towers
 

CASINO News

CASINO

A full helping of the Casino City Gang

Casino City's Vin Narayanan, Gary Trask and Dan Igo discuss the brand-new CityCenter development in Las Vegas, the 2010 WSOP schedule, college bowl games and make their Week 16 NFL picks.  read more

Fitch Ratings says recovery not in the cards in 2010

Fitch Ratings Service believes gaming revenues nationwide will continue to be pressured by the economy.  read more

Harrah's and Rio still fixing substandard construction

Repairs have been completed at several sites and are awaiting a final inspection. Six misdemeanor counts against the hotel giant for building code violations have also been dropped.  read more

Nevada bankruptcy filings drop in November

November saw the fewest bankruptcy filings in Nevada since February.  read more

Vegas air traffic finally up

Las Vegas saw an increase in year-to-year air passenger counts in November for the first time in 21 months.  read more

Pennsylvania market could unlock gaming profits

Las Vegas-based table game providers are keeping their eyes on the Keystone State, where lawmakers have been debating table games.  read more

SLOTS News

SLOTS

IGT boss has plenty on to-do list

Patti Hart has been the CEO of International Game Technology for eight months and has gained a handle on the industry's largest slot machine manufacturer.  read more

Urban legend casts shadow over Nevada casino openings

Contrary to popular belief, a Megabucks slot machine will not automatically hit a jackpot on a casino's opening night.  read more

Maryland county approves slots parlor

The Anne Arundel County Council approved zoning that will allow a slots parlor to be built at Arundel Mills.  read more

Man wins over $50,000 at California casino

A lucky player at the Chukchansi Gold Resort and Casino won $52,211 on the Loco Loot progressive slot machine.  read more

The Reel Life

Family is an important part of the holidays. We always try to get some face-to-face time with relatives, but a 4-year-old in Tennessee took things to a whole new level last week.  read more

POKER News

POKER

PokerStars announces stop in Berlin

The PokerStars European Poker Tour will visit Berlin for the first time in what is expected to be the biggest professional poker tournament ever held in Germany.  read more

Weekly poker news show debuts in Europe

PokerNite, a UB.net-sponsored TV show, made its first appearance on Poker Channel Europe last week.  read more

WSOP app available for iPhone

Glu Mobile has released the World Series of Poker Hold'em Legend App to the App Store, which is available for the iPhone and iPod Touch.  read more

Did You Know
Did You Know?
Seven hotels on the Las Vegas Strip (MGM Grand, Planet Hollywood, Aria, Caesars Palace, Treasure Island, The Venetian and Stratosphere) will shoot fireworks from their rooftops on New Year's Eve.
Featured Game
Deck The Halls
Christmas may be over, but we are still in the holiday spirit. If you want to get a few more spins in before the New Year, try out Casino Action's “Deck the Halls” video slot.

> More Deck The Halls Details
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Casino City fans wanted
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