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August 6, 2012

Casino City Times Weekly Newsletter
August 6, 2012

Latest From Our Strategy Experts

arrowJohn Grochowski: Caribbean Stud psychology

Caribbean Stud psychology
Grochowski takes a good look at the progressive side bet in Caribbean Stud, why people play it, and whether it's profitable to do so.  read more
 

Featured Story

Caesars Palace to unveil the new Bacchanal Buffet next month

By Howard Stutz
The $17 million endeavor will offer more than 500 menu items from nine kitchens with a setting that overlooks the hotel's Garden of the Gods complex. The 25,000 square-foot buffet will seat 600 guests and the majority of the cooking will be executed in front of guests by chefs.  read more		Caesars Palace to unveil the new Bacchanal Buffet next month
 

CASINO News

CASINO

Casino City Gang -- Give me the money edition

Casino City's Vin Narayanan and Aaron Todd discuss PokerStars settling with the DOJ and buying Full Tilt Poker, the Golden Nugget suing gamblers for winning after an automatic shuffler failed and how sportsbooks should handle the Olympic badminton mess.  read more

Plaza race and sportsbook to be renovated

William Hill says the renovated sportsbook will become the company's flagship sportsbook downtown.  read more

Ameristar Casinos posts quarterly gain on declining revenues

The regional gaming operator reversed 2011's second-quarter net loss, but revenues declined because of increased competition and other factors.  read more

Investors ask where Adelson's focus is

Analysts are wondering if Las Vegas Sands CEO Sheldon Adelson is being distracted from casino operations by his political endeavors.  read more

Foxwoods reaches accord on debt restructuring

The Mashantucket Pequot Tribal Nation, owner of Foxwoods Resort Casino, has reached an agreement to restructure $2.2 billion of debt.  read more

Caesars plans $300 million casino in downtown Baltimore

The casino, named Harrah's Baltimore, will have 3,750 slot machine-like video lottery terminals and is expected to open in 2014. The casino will include several restaurants and will be just south of the football stadium where the Baltimore Ravens play.  read more

Deadline extended for parties to reach deal on horse racing

If no deal is reached by Aug. 24, Nevada sportsbooks will stop accepting bets on horse races and replace simulcasts of races from tracks nationwide with other televised sporting events.  read more

Alice Cooper to perform December 1 at Fantasy Springs

The iconic rocker is bringing his "No More Mr. Nice Guy World Tour 2012" to Fantasy Springs Resort Casino.  read more

SLOTS News

SLOTS

Michael Jackson to the rescue

Slot machine sales and game leases have increased this year thanks to new casino openings. Meanwhile, existing casinos appear more willing to invest in replacing older slot machines. And one new game title -- the Michael Jackson-themed slot machine -- seems to have the industry buzzing.  read more

Social gaming expands for slot machine maker IGT

Slot machine giant International Game Technology is offering its DoubleDown social gaming website to casino operators, and they're getting some takers.  read more

The Reel Life: Rafting under the influence edition

The Reel Life knows that drinking alcohol can have unforeseen consequences. And you should never drive a car under the influence. However, we're thankful that an Alaska man has also taught us that we shouldn't float on a raft after a hard night of drinking, too.  read more

POKER News

POKER

PokerStars settles with DOJ, buys Full Tilt Poker

PokerStars will pay the DOJ $547 million as part of a settlement agreement. Part of that money will be used to pay money owed to American players by Full Tilt Poker. American players owed money will have to apply to the DOJ for reimbursement.  read more

Greg Raymer wins Heartland Poker Tour's 200th event

The first-place prize of $71,875 was much smaller than the $5 million he collected in 2004 when he won the WSOP Main Event.  read more

Did You Know
Did You Know?
William Hill set the odds of Olympic officials playing the wrong national anthem at a medal ceremony at 8/1. -- New York Daily News
Featured Game
World Sports
In case you haven't heard, there's a pretty big global sporting event going on in London right now. If you want to get in on the athletic action at the online slots, put on your game face and give World Sports at Casino770 a try.

> More World Sports Details
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Top-10 questions about PokerStars' acquisition of Full Tilt Poker
  1. What will Americans have to do to get paid?
  2. Will either be allowed back in a regulated U.S. market?
  3. Will there still be rakeback at Full Tilt?
  4. What will happen to Lederer and Ferguson?
  5. Who will sign up as a pro on Full Tilt Poker?
  6. What kind of cross promotions will the sites run?
  7. Can players transfer funds between sites?
  8. What about Take Two funds?
  9. Will PokerStars pursue legal action against Rush Poker clones?
  10. How will it affect the global Internet poker market?