Casino City Times - Weekly Newsletter 29 October 2012

Casino City Times Weekly Newsletter

October 29, 2012

Latest From Our Strategy Experts

Frank Scoblete: The 10 common player "Mythtakes" of table games

Scoblete busts the 10 most common myths players believe when it comes to table games at the casino. First on the list? No, the dealer doesn't always have a face card hidden in blackjack. read more

Al Krigman:
What are the chances of various wins and losses per hand at blackjack?
John Grochowski:
A shuffle through the gaming mailbag
Mark Pilarski:
Whoever said you had to have fun?

Al Krigman:
What are the chances of various wins and losses per hand at blackjack?
John Grochowski:
A shuffle through the gaming mailbag
Mark Pilarski:
Whoever said you had to have fun?

Featured Story

Merson seizes chip lead at WSOP Main Event final table

By Vin Narayanan

Greg Merson, Jesse Sylvia and Jake Balsiger are the last three players standing at the World Series of Poker Main Event, and they will play for $8.53 million Tuesday. Merson, who began final table play Monday with 28.725 million in chips, finished the day as chip leader with 88.35 million. read more

CASINO News

	Nevada, N.Y. officials investigating Cantor Investigators in Nevada have been working with the New York City Police Department's Organized Crime Investigation Division for the past 15 months to unravel a "large-scale bookmaking operation." read more
Cantor Gaming's sports book director released on bail Michael Colbert, vice president and sports book director for Cantor Gaming, was released on $50,000 bail from the Clark County Detention Center. read more
Jackie Gaughan, now 92, offers link to days of old Vegas Gaughan once controlled 25 percent of the downtown Las Vegas gaming market. read more
Hilton Worldwide, Tropicana Las Vegas sign franchise deal The hotel company said Friday it had reached a franchise deal linking Tropicana Las Vegas to its DoubleTree by Hilton brand beginning in January. read more
Fitch has "circumspect view" of Bill's Gamblin' Hall remodel plan Caesars, which owns 10 casinos on or near the Strip, plans to remodel the 198 hotel rooms and the 17,200-square-foot casino at Bill's. read more
Revenues increase 21 percent at Bally Technologies Total first-quarter revenue for Bally was $235 million, compared with $195 million last year, and the company announced at $150 million share repurchase plan. read more
A.G. Burnett promoted to chairman of Gaming Control Board Gaming Control Board member A.G. Burnett was promoted to chairman of the panel Wednesday by Gov. Brian Sandoval. read more
Pinnacle grows third-quarter revenues despite hurricane Pinnacle lowered its third-quarter net loss to $358,000, compared with $790,000 in the same quarter a year ago. read more
Wynn Resorts third-quarter profit declines; revenue flat Wynn Resorts' net income for the third quarter was $112 million, or $1.11 per share, down from $127.1 million ($1.01 per share) for the same period last year. read more
Machine makers wonder if G2E buzz will yield buying Deutsche Bank gaming analyst Carlo Santarelli told investors that the trade show floor had an overall lineup of new content that was stronger than a year ago and has the potential to arrive in casinos on a much quicker time frame. read more
SJM Holdings gets approval for Macau casino SJM Holdings said its subsidiary, SJM, had accepted the draft land concession contract with the Macau government for "70,468 square meters" of land in the Cotai area in Macau. read more
MGM gets approval to build Cotai hotel The company paid $56 million for the land, and government officials will arrange for publication of the land concession contract in the Official Gazette of Macau. read more
Terry Johnson tapped for Gaming Control Board Johnson, the director of the Nevada Department of Business and Industry, replaces Mark Lipparelli, who resigned as chairman of the three-member panel at the end of September. read more

SLOTS News

	$409,722 Progressive Jackpot won at Four Winds New Buffalo on a penny slot machine Anita S. won a $409,722 jackpot playing the QuarterMillion$ Instant Fortune penny slot. read more
The Reel Life: "Who's suing who?" edition The Reel Life loves nothing more than hearing a story about a senior citizen holding their own when someone tries to take advantage of them. But we've never seen anyone with the gall to sue the senior who did nothing other than defend himself. read more

POKER News

	Sandoval backs Web poker bill Nevada Gov. Brian Sandoval split with the National Governors Association to support a proposed Internet poker bill, saying the revenue gained would fund schools and social programs. read more
Casino City Gang: Live from Foxwoods edition Casino City's Vin Narayanan and Aaron Todd host this week's show from Foxwoods, where they preview the WSOP Main Event final table, discuss the Foxwoods World Poker Finals and examine Zynga's decision to partner with bwin.party to offer real-money gaming in the U.K. read more
Online gaming company keeps it clean, cashes in Chris Derossi has kept his Oakland, Calif.-based online poker software development company out of any predicaments that could jeopardize its future. read more

Did You Know?
If Jake Balsiger wins the WSOP Main Event Tuesday, he will be the tournament's youngest champion at the age of 21 years and 281 days.

Featured Game

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> More Vampires Vs Werewolves Details

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Top-10 comedians' take on gambling

Mitch Hedberg
Artie Lange
Norm Macdonald
Bill Cosby
Louis C.K.
Kathy Griffin
Steve Martin
Pat Barker
Matt Kazam
Daniel Tosh

> Find out why these comedians made the list

Casino City Times Weekly Newsletter October 29, 2012

Latest From Our Strategy Experts

Frank Scoblete: The 10 common player "Mythtakes" of table games

Al Krigman:

John Grochowski:

Mark Pilarski:

Al Krigman:

John Grochowski:

Mark Pilarski:

Featured Story

Casino City Times Weekly Newsletter
October 29, 2012