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April 6, 2009

Casino City Times Weekly Newsletter
April 6, 2009

Latest From Our Strategy Experts

arrowJohn Grochowski: Turning the tables on the casino

Turning the tables on the casino
Grochowski explains that while the casinos make their money by paying players less than the true odds of winning a wager, it is still possible to change the odds to work more in your favor.  read more
 

Featured Story

Bally's temporarily closes its sportsbook in Las Vegas

By Jennifer Robson
A company spokesperson wouldn't elaborate on the reason, but did say that the closing is temporary. The 285-seat sportsbook is scheduled to re-open in September and in the meantime guests of the Las Vegas Strip hotel are being directed to nearby sister casino Paris Las Vegas for sports and horse race wagering.  read more		Bally's temporarily closes its sportsbook in Las Vegas
 

CASINO News

CASINO

Delaware sports gambling looking good

Gov. Jack Markell's bid to allow sports betting at Delaware's three racetrack casinos is getting support from nearly a third of Delaware's General Assembly.  read more

Australian billionaire weighing a stake in CityCenter

Gambling magnate James Packer may step in and take over the funding requirements for the troubled Las Vegas Strip development.  read more

New York casino cutting minimums to keep players

The Seneca Niagara Casino has lowered its limits blackjack tables to $5 and is promoting its 97% payback slot machines in order to keep its customers gambling.  read more

Greektown Casino continues to fight a losing battle

Despite gamblers spending close to $1 million a day, the Detroit casino has $777 million in debt and is in bankruptcy.  read more

Florida house panel passes scaled-back gambling bill

A house panel passed a less extensive gambling bill last week that gives the Seminole Tribe the right to operate Class III slot machines at its seven casinos in Florida in return for $100 million a year.  read more

Survey finds support for Massachusetts casinos

Nearly 60 percent of those surveyed in the Bay State favor casinos, while 31 percent are opposed, according to a poll by UMass Dartmouth.  read more

Gaming exec says strip resorts too pricey

A high-ranking executive with Penn National Gaming says that casino operators may be asking too much for Strip resorts that are on the market.  read more

SLOTS News

SLOTS

Critics say N.J. racetrack slots a bad idea

A proposal to allow slots at New Jersey racetracks is being slammed by Atlantic City casino executives, despite pleas from racehorse associations and breeders who are looking to jumpstart their industry.  read more

The Reel Life

It's official. The Reel Life much prefers trying to win progressive jackpots to kayaking over waterfalls.  read more

POKER News

POKER

Eastgate, Demidov join Team PokerStars

The final two players from last year's World Series of Poker Main Event have joined the online poker room's team of superstars, including Daniel Negreanu and former Main Event champs Chris Moneymaker and Greg Raymer.  read more

Arizona poker parlors on the rise

Poker parlors are expanding across the state of Arizona amid confusion about the legal status of the game.  read more

PPA praises study that says poker is a skill game

The "Statistical Analysis of Texas Hold'em" shows outcomes of games are predominantly determined by the players' decisions, not just chance, which drew praise from the Poker Players Alliance.  read more

Did You Know
Did You Know?
Resorts Atlantic City has brought real coins back to its slot machines, despite the fact that 90% of slot machines in North America do not accept or pay out in coins.
Featured Game
Cherry Blossoms
The annual Cherry Blossom Festival in Washington D.C. is right around the corner. So in honor of the event, head over to Golden Casino and try out the "Cherry Blossoms" slot game.

> More Cherry Blossoms 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.

> Become a fan
Top-10 first impressions of the Mississippi Gulf Coast
  1. 'Southern Hospitality' rings true
  2. These people know how to eat
  3. The Fallen Oak experience
  4. Great variety of golf courses
  5. Music is king
  6. Katrina after-effects are palpable
  7. There's more than just gambling
  8. Hard Rock Biloxi hotel rooms rock!
  9. A taste of Vegas at 'The Beau'
  10. Year-round outdoor weather