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December 31, 2007

Casino City Times Weekly Newsletter
December 31, 2007

Latest From Our Strategy Experts

arrowJohn Robison: Progressive video poker changes

Progressive video poker changes
Robison explains that changing one or more jackpots on a video poker machine from a fixed amount to a progressive should have no effect on the probabilities of achieving the paying hands.  read more

Featured Story

Harrah's can chase high rollers or stay midmarket

The world's largest gaming company is faced with a momentous decision: whether to join the chase for high rollers or do what it does best - cultivate middle-class gamblers who prefer frequent casino incentives over opulent surroundings.  read more
Harrah's can chase high rollers or stay midmarket



Caesars increases top blackjack bet to $50,000

In a bid to lure high rollers to its Atlantic City resort, Caesars has also introduced dramatic increases to betting ceilings for roulette, craps and various Asian games.  read more

Palazzo may not open until next month

The newest megaresort on the Las Vegas Strip has shifted its focus from a potential soft launch to its grand opening on Jan. 17.  read more

Gamblers and the IRS - by the book

Here's a year-end heart-warmer for gamblers: You really do need to pay taxes on your winnings, whether you won $10 or $1,000, and a pair of experts have come out with a book to explain it all.  read more

If Macau junkets shift, Las Vegas companies may feel the pinch

A decision to change where some of Macau's top junket operators bring their big-spending customers could be troublesome for Las Vegas Sands and Wynn Resorts. Ten Macau gambling representatives signed a new agreement this month to take their high rollers to the Crown Macau, which opened in May.  read more

Mount Airy expands non-smoking areas

Mount Airy Casino Resort has almost doubled the non-smoking space on its massive casino floor, which is now 25% smoke-free.  read more

Missouri casinos want to toss loss limit

Casino coalition pushing state legislature to eliminate law that caps player losses at $500 for a two-hour period.  read more

Germany to ban online gambling beginning Jan. 1

At least 13 of Germany's 16 states have ratified legislation that bans any form of Internet-based gambling with companies outside of Germany.  read more

News Analysis: Online gambling only real loser in WTO case

In the end, Antigua's WTO case against the U.S. over online gambling had nothing to gambling on the Internet. Instead, it became a proxy war pitting the politics of trade against fair trade. And predictably, politics won while the online gambling industry suffered another setback.  read more

Australian Open puts anti-corruption unit into play

The popular Grand Slam tennis tournament will also set up a telephone hotline and ban the use of laptop computers at courtside in order to prevent match-fixing.  read more



The Reel Life

Majbritt E was caught lightning in a bottle last week after winning more than $80,000 playing Thunderstruck at  read more



PokerTek heads-up tables poised to take bars by storm

Resembling the sit-down "Pac-Man" games of old, PokerTek's "Heads-Up Challenge" game allows two people to play no-limit hold'em poker on digital green felt for about $4. But that probably won't be the only money changing hands in this game that's headed for a bar near you.  read more

Did You Know
Did You Know?
A 'slot machine' is referred to as a 'fruit machine' or a 'bandit' in the U.K. and as a 'gaming machine' in Australia.
Featured Game
Tequila Poker
If you're looking to spice up your poker room experience, give’s Tequila Poker a shot. It’s a game that combines the elements of five-card poker and blackjack and it demands both patience and strategy.

> More Tequila Poker Details
The Gambler
The Gambler
If you looked up problem gambler in a dictionary, you'd see a picture of James Caan playing Axel Freed. Caan earned a Golden Globe for his portrayal of Freed, and his performance alone makes this movie worth watching.

> Purchase this DVD for your collection