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March 30, 2009

Casino City Times Weekly Newsletter
March 30, 2009

Latest From Our Strategy Experts

arrowJohn Robison: Did my good fortune decrease my free play?

Did my good fortune decrease my free play?
When a reader asks if the amount of his free play on a slot machine is awarded based on money spent or actual winnings, Robison explains that the casinos should never penalize the player for actually having some good luck.  read more

Featured Story

CityCenter avoids bankruptcy

MGM Mirage made a $200 million debt payment Friday to ensure construction of the $8.7 billion project continued and delay (for at least a month) any long-term disruption to the completion of the development. The payment included $100 million that was due to be paid by Dubai World, its joint venture partner in CityCenter.  read more
CityCenter avoids bankruptcy



Las Vegas Sands trying to navigate through choppy waters

Las Vegas Sands has lost two high-level executives in the last month, but its debt plan has been praised, which is creating a conundrum for analysts.  read more

Another Las Vegas Sands executive resigns

Las Vegas Sands Executive Vice President Brad Stone became the second top executive to leave the casino operator this month.  read more

Wynn Las Vegas, dealers union remain stalled

Tip pooling and the "just cause" provision are proving to be key stumbling blocks as negotiations continue.  read more

N.J. politician challenges federal ban on sports betting

A Democratic state senator in New Jersey filed a lawsuit last week aiming to overturn a federal ban on sports betting.  read more

Tropicana could emerge from bankruptcy in April

The embattled casino company could emerge from Chapter 11 in late April or May after reaching an agreement with creditors.  read more

New Tulsa casino to open March 31

The Creek Nation Casino will close its doors and just hours later the new River Spirit Casino will be unveiled to the public.  read more



Man turns pennies into just over $1 million

A man at Spotlight 29 Casino in California won more than $1 million playing the Wizard of Oz penny slot.  read more

IGT names new president, CEO

The slot machine giant named current board member Patti Hart as its president and CEO.  read more

The Reel Life

One of the great things about the online slots is fantasizing about what you would do with all of your money after hitting that big jackpot. Sometimes, however, you would pay almost anything to go back in time to witness an event.  read more



PPA praises study that says poker is skill game

The "Statistical Analysis of Texas Hold 'Em" says that outcomes of games are predominantly determined by the players' decisions, not just chance.  read more

Binion's to host third annual Classic

The Binion's Poker Classic begins on May 25 and will have 45 different events over 45 straight days.  read more

Brecher takes home WPT title

The Full Tilt pro won the WPT Bay 101 Shooting Star, taking home over $1 million.  read more

Californian moves from worst to first at WSOP Circuit event

A 26-year-old San Diego resident entered the final table with the lowest chip stack and ended up as champion.  read more

Trump folds electronic poker hand

Trump Plaza has removed Atlantic City's only batch of automated poker tables after trying them out for a few months.  read more

Did You Know
Did You Know?
The NCAA sent representatives to meet with sportsbook operators in Las Vegas last week to help them watch for suspicious wagering patterns during the first two rounds of the men's basketball tournament.
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