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April 29, 2013

Casino City Times Weekly Newsletter
April 29, 2013

Latest From Our Strategy Experts

arrowAl Krigman: How bet size and other factors affect your chances of extending your bankroll

How bet size and other factors affect your chances of extending your bankroll
Al Krigman offers advice on how to gamble in a way that minimizes risk of going bust by choosing what to play and – when there's a choice – what betting strategies to follow and the size bets to make.  read more
 

Featured Story

Careful, this new job could be dangerous

By Howard Stutz
Stutz offers a word of caution to Geoff Freeman, the new CEO of the American Gaming Association. "Overseeing the AGA is not like herding cats," he writes. "It’s more like herding mountain lions. One misstep and you’ll lose body parts."  read more		Careful, this new job could be dangerous
 

CASINO News

CASINO

Question of signed contract arises in lawsuit against Las Vegas Sands

Richard Suen, the one-time consultant to the company, fielded nearly 70 questions from the 14 people in the jury box on Friday.  read more

Wynn Resorts announces casino deal in Massachusetts

Wynn Resorts would make $30 million in advance payments to the city of Everett and more than $25 million annually once a proposed casino opens for business, according to a host community agreement.  read more

Cantor Gaming signs deal with Atlantis resort in the Bahamas

Cantor Gaming will provide mobile gaming throughout the resort, including in the casino and pools, as well as a new sports book.  read more

Casino City Gang: Live from GiGSE edition

Vin Narayanan joins host Aaron Todd live from the Global iGaming Summit and Expo in San Francisco. They discuss a testy exchange between Jan Jones of Caesars and John Pappas from the PPA, examine Foxwoods' partnership with GameAccount and evaluate New Jersey Governor Chris Christie's administration's overly-rosy expectations for online gaming revenues.  read more

Ameristar Casinos shareholders OK company's sale

Pinnacle announced plans in December to acquire Ameristar’s eight casinos along with a property under construction in Louisiana for $2.8 billion, which includes assumed debt.  read more

Slot-machine sales, social gaming boost IGT earnings

The company posted second quarter earnings of $78.2 million, or 29 cents per share, up from $61.9 million, or 21 cents per share, in the same period last year.  read more

Wynn Resorts earns $202.9 million in first quarter

Wynn Resorts reported net income of $203 million, or $2 per share, up from $140.6 million, or $1.23 per share, in the prior-year quarter.  read more

Gaming companies go "All In for Giving & Volunteering"

Industry companies contributed $135.78 million to charitable causes during the past year, $116.93 million of which came in the form of direct cash contributions.  read more

SLOTS News

SLOTS

The Reel Life: Pick a better getaway car edition

The Reel Life's social studies teacher imparted some great advice to us in high school: "You might be able to outrun one cop car," he said. "But you can't outrun the radio." The advice he didn't give was that if you do decide to make a run for it, you probably shouldn't do it in a U-Haul truck.  read more

POKER News

POKER

Poker for the Homeless raises 14,755 euros

Poker for the Homeless, an Irish organization dedicated to raising money for homeless charities around Ireland, has raised €14,755 for the Capuchin Day Centre in Dublin, which provides meals for people in need.  read more

Michael Wright wins Boylepoker International Poker Open

"The Wizard" topped the field of 345 players in the £200 + £25 buy-in event at Aspers Casino, Stratford, London to take home £10,105.  read more

Did You Know
Did You Know?
888 says it expects its online poker operation to be up and running in Nevada this summer, according to Reuters.
Featured Game
Gemscapades
If you're looking for a simple game with an upbeat New Age musical soundtrack and paylines that pay both ways, head to 7Red and try your hand at Gemscapades.

> More Gemscapades Details
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Casino City fans wanted
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Top-10 observations from GiGse
  1. Renewed optimism
  2. Mobile
  3. Social
  4. Focus on New Jersey
  5. Optimism in California
  6. Knives are out for PokerStars
  7. Poker-only not the only way
  8. Retail stores hate online lottery sales
  9. Payment processors
  10. Wheeling and dealing