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July 30, 2012

Casino City Times Weekly Newsletter
July 30, 2012

Latest From Our Strategy Experts

arrowJohn Robison: Who is protecting the slot player?

Who is protecting the slot player?
Robison takes a look at who protects the players against the many ways computer systems can be manipulated -- especially when it comes to slot machines.  read more
 

Featured Story

California looking to legalize sports bets

By Chris Sieroty
A controversial gambling measure now under consideration in Sacramento would legalize sports betting at licensed gaming establishments such as tribal casinos and racetracks. California residents who want to place a bet on sports now must do it illegally or travel to Nevada where it's legal to operate a sportsbook.  read more		California looking to legalize sports bets
 

CASINO News

CASINO

William Hill posts double-digit earnings growth

Net revenue increased by 11 percent to nearly $1.1 billion while profits before taxes increased 13 percent to $225.2 million during the first half of the year.  read more

Investors can't wait to gamble on Florida

Florida's gambling proponents haven't been deterred by setbacks and continue to push casino expansion in the southern part of the state, a market some analysts predict could exceed the Strip's annual $6 billion in gaming revenues.  read more

Maryland governor backs plan for casino

In calling for a special session of the General Assembly to start Aug. 9, Gov. Martin O'Malley asked lawmakers to consider allowing a $700 million hotel-casino with full-scale gaming in Prince George's County and to let slot machine-only casinos add table games.  read more

Caesars fined $100,000 for allowing under-aged gambling

Nevada Gaming Commissioner Randolph Townsend, whose comments were echoed by commissioners John Moran and Tony Alamo, said Caesars was getting off easy.  read more

Las Vegas Sands shares hit hard

Stock prices fell 7 percent last week after the gaming company suffered a 40 percent decline in profits.  read more

Caesars pushing forward with High Roller observation wheel

The 550-foot wheel that will be the centerpiece of The Linq is taking shape next to the Las Vegas Monorail line in the Imperial Palace's backyard.  read more

Hotel owners feel heat over outdoor advertising

Taking out advertising on the side of hotels surrounding the Las Vegas Convention Center can mean big money to hotels around the center, but the practice isn't universally popular.  read more

POKER News

POKER

Casino City Gang: Plus EV edition

Casino City's Aaron Todd and Vin Narayanan discuss whether casinos should be unwilling to accept large one-time bets, applying the EV philosophy to life, Zynga's real-money gaming push (and Aaron's ill-advised stock purchase), and make their best bets on the Olympics.  read more

Cantor Gaming reaches California online poker deal

The gaming company will provide technology for Horse Racing United's online poker room should California license and regulate the game.  read more

Tribes want in on Internet gambling

The chairman of the Senate Indian Affairs Committee unveiled a draft bill last week that would allow Native American tribes to operate online poker games alone or with non-Indian partners.  read more

Bad beat jackpot in Atlantic City hits $702,182

The Caesars bad beat jackpot, pooled from the Caesars, Bally's, Harrah's Resort, and Showboat Atlantic City poker rooms hasn't been hit since March.  read more

SLOTS News

SLOTS

IGT credits social gaming with rise in revenue

Revenues from the company's gaming operations division, which covers slot machines leased by casinos that share gaming revenues with IGT, and the interactive gaming business, grew 13 percent to $301.2 million in the third quarter.  read more

The Reel Life: Stolen lottery ticket edition

A clerk at a gas station where a man bought lottery tickets for a decade tried to steal $560 in lottery winnings from him. Odds are that over the long term, that station and the clerk would have made a lot more than $560 off the guy's daily lottery habit.  read more

Did You Know
Did You Know?
A "Margaritaville" complex will open inside the Resorts Casino Hotel in Atlantic City next year. It will include a year-round beach bar and retail stores.
-- The Star Ledger
Featured Game
Track & FieldMouse
Some of the best moments in every Olympic Games occur in the track and field events. If you're looking to get into Olympic fever and compete on the track at an online casino, head over to Royal Vegas Online Casino and give Track & FieldMouse a spin.

> More Track & FieldMouse Details
Casino City fans wanted
Casino City fans wanted
Please join us on Facebook by becoming a Casino City fan! It's a great way to meet fellow gamblers and learn more about what’s going on in gambling and at Casino City. In addition, we'll be developing and rolling out some neat Facebook applications in the coming months.

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The Top-10 U.S. golf and gaming resorts (not in Las Vegas)
  1. Coeur d'Alene Casino Resort Hotel
  2. Little Creek Casino Resort
  3. Beau Rivage Resort & Casino
  4. Palace Casino Resort
  5. Pearl River Resort
  6. Island Resort & Casino
  7. Grand Biloxi Casino
  8. Hollywood Casino
  9. Mount Airy Casino Resort
  10. Harrah's Grand Tunica