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November 5, 2012

Casino City Times Weekly Newsletter
November 5, 2012

Latest From Our Strategy Experts

arrowAl Krigman: The slot machine return percentage you pay for isn't what you get

The slot machine return percentage you pay for isn't what you get
Gaming expert Al Krigman explains why the real house edge for slot machines is maddeningly difficult to calculate -- especially compared to other games at the casino.  read more
 

Featured Story

Greg Merson wins WSOP Main Event, Player of the Year

Greg Merson survived 11 hours of three-handed play and beat Jesse Sylvia heads up early Wednesday morning to win the World Series of Poker Main Event and $8,531,853. The win also gave Merson enough points to beat out Phil Hellmuth for WSOP Player of the Year honors.  read more
Greg Merson wins WSOP Main Event, Player of the Year
 

POKER News

POKER

WSOP win is not the only life-changing experience for Greg Merson

Winning the $10,000 buy-in No Limit Hold'em World Championship might have seemed like a minor task compared to how Merson had turned his life around.  read more

Casino City Gang: Poker at dawn edition

Casino City's Vin Narayanan and Aaron Todd are joined by Pokerati's Dan Michalski to discuss the conclusion of the World Series of Poker final table, including what happened on the felt, what happened off the felt, the impact this tournament will have on the game and ESPN's coverage of poker's showcase event.  read more

Aliante Casino closes poker room, five employees laid off

The resort is replacing it with a "new concept," a company spokeswoman confirmed Friday.  read more

CASINO News

CASINO

De Niro wants to keep them coming back with Nobu Hotel on the Strip

De Niro is a shareholder in Nobu Hospitality, the restaurant and entertainment company which is developing its first-ever Nobu Hotel at Caesars Palace.  read more

Maryland casino expansion vote comes down to the wire

Maryland voters will determine Tuesday if the state becomes a multimillion-dollar gambling jurisdiction or a multibillion-dollar casino-resort destination.  read more

Applied Analysis: October a "mixed bag" for gaming stocks

Compared with a year ago, the average daily stock prices for 12 publicly traded gaming companies are down 8.5 percent. However, more than half of the companies saw moderate increases in their average daily price.  read more

Troubled B.B. King restaurant, club to shut down at Mirage

The Memphis-based parent company of the restaurant said a September ruling in the company's Chapter 11 case had severely crimped revenues.  read more

Cantor Gaming working with Nevada officials after arrest of sports book director

Mike Colbert is charged with enterprise corruption, conspiracy to operate an illegal gaming enterprise and three counts of money laundering.  read more

Macau gaming revenues set single-month record of $3.5 billion

Macau's Gaming Inspection and Coordination Bureau said last month's record revenue was 3 percent higher than October 2011, which had the previously established single-month mark.  read more

Boyd Gaming turns its focus to regional gaming markets

The company hopes to close its $1.45 billion acquisition of Peninsula Gaming by December, which will give it five casinos in Kansas, Iowa and Louisiana.  read more

Navegante Group assumes management control of LVH

The change comes following a deal by Goldman Sachs Mortgage and Gramercy Capital to take control of the struggling property from Colony Capital.  read more

Don Rickles, Tony Orlando set to perform together

The two popular entertainers will share the stage at Fantasy Springs in February.  read more

SLOTS News

SLOTS

Pittsburgh's Rivers Casino wins 18 awards from Strictly Slots Magazine

The big haul for the Pittsburgh casino included 11 first-place honors as voted by the readers of Strictly Slots magazine.  read more

The Reel Life: Naked jogger edition

In addition to playing the online slots, The Reel Life is an avid jogger. We aren't flashy about it, though, unlike a 23-year-old in Kentucky who decided to run through rush-hour traffic naked.  read more

Did You Know
Did You Know?
Atlantic City casinos reopened on Friday after closing for Hurricane Sandy. They had shut down on Sunday, Oct. 28, as part of the evacuation order for city.
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