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August 5, 2013
Casino City Times Weekly Newsletter
August 5, 2013 Latest From Our Strategy Experts | | Gaming expert John Grochowski answers some of the questions readers regularly send him about video slot machines, including why there are more video slots now and how the random number generator operates during a bonus round.
read more | | Featured StoryBy Vin Narayanan and Aaron Todd Vin Narayanan and Aaron Todd discuss the closure of Revel's poker room, Poker Night in America's open casting call, how all-star games choose teams and close the show with the most degenerate five minutes in podcasting.
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 | Caesars said last week it lost $212.2 million in the quarter that ended June 30.
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The Linq's open-air promenade will encompass 300,000 square feet of retail offerings, trendy restaurants and hip entertainment venues, all anchored on its east end by a 550-foot-tall observation wheel.
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The Las Vegas-based company reported second-quarter earnings of $129.8 million, down from $138.1 million a year earlier.
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Boyd said its net income for the quarter than ended June 30 was $11.6 million, or 13 cents per share. A year ago, the company reported net income of $1 million, or 1 cent per share.
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The announcement came Wednesday after the close of trading on the New York Stock Exchange and the day after the company reported better-than-expected quarterly earnings.
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The growth surprised some prognosticators who expressed concerns of an economic slowdown in Asia.
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Modest revenue gains across the board were not enough to offset a 20 percent decline in casino revenues.
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The gaming company reported net income of $500,000, or 3 cents a share, compared with a net loss of $4.3 million, or 27 cents a share, in the fourth quarter of 2012.
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William Hill, which operates sports books, mobile betting apps and kiosks in Nevada handles risk management for the Delaware's lottery said Friday its U.S. operations posted a modest profit for the first six months of the year.
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 | The Texas-based company reported quarterly profits of $8.4 million. In the same quarter a year ago, Multimedia Games reported a net income of $7.2 million.
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The casino will be adding Willy Wonka and the Chocolate Factory, The Wizard of OZ Emerald City, Wizard of OZ Haunted Forest, Blackbeard's Treasure and Lucky Big Wheel.
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The mash-up has largely been an Internet sensation. But recently, broadcast television has gotten into the game, and they do it extremely well. This week, we mix in NBC's Brian Williams rapping "Good Vibrations" with our weekly slots news.
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 | The poker pro was the last Australian and last woman standing in this year's WSOP Main Event, taking 31st place and $229,281.
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Did You Know?
Slot revenue in Pennsylvania's 11 casinos dropped by 3.7 percent in July -- Philadelphia Inquirer
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John Grochowski: 