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May 6, 2013

Casino City Times Weekly Newsletter
May 6, 2013

Latest From Our Strategy Experts

arrowAl Krigman: Measuring the strengths of blackjack hands

Measuring the strengths of blackjack hands
Gaming expert Al Krigman looks at why blackjack aficionados value the strength of 18s too highly and should really hate 17s.  read more
 

Featured Story

Ultimate Poker launches for real-money play in Nevada, reaches 100,000 hands dealt in three days

The online poker site -- which is the first to be licensed and regulated by Nevada -- only accepts bets placed within Nevada's borders. But it has already registered thousands of users from every U.S. state and 20 countries. And at its peak (so far), it has had 50 tables in operation.  read more
Ultimate Poker launches for real-money play in Nevada, reaches 100,000 hands dealt in three days
 

POKER News

POKER

Casino City Gang: Just chill out edition

Casino City's Vin Narayanan and Aaron Todd discuss Ultimate Poker, Nevada's first licensed and regulated online poker room, launching for real-money play, PokerStars bid to buy an Atlantic City casino possibly being terminated and whether horse tracks are all trying to become casinos.  read more

CASINO News

CASINO

Macau revenues increase 13.2 percent in April

For the first four months of 2013, Macau's gaming revenue collections are up 14.4 percent compared to the same four months of 2012.  read more

Battle for Philadelphia license heats up

Six different groups and partnerships, including Wynn Resorts, Penn National Gaming, Isle of Capri Casinos and Cordish Cos., have applied with state gaming regulators for the right to own Philadelphia's last casino license.  read more

Atlantic City mayor critical of Christie five-year program

Atlantic City Mayor Lorenzo Langford said the first two years of Christie's planned five-year program haven't shown any notable improvements.  read more

Wynn: Nevada gaming industry not 'healthy'

The gaming magnate told key Nevada legislators and the state's governor that future growth of the industry will happen in places other than Nevada.  read more

Judge puts civil case between Wynn, Okada on hold

Clark County District Judge Elizabeth Gonzalez made the ruling Thursday after federal prosecutors expressed fear that the civil litigation would interfere with their own investigation of Okada.  read more

Las Vegas Sands posts $572-million profit in the first quarter

The $572 million is the most the Las Vegas Sands has earned in the first quarter. The company posted a $498.9-million profit in last year's first quarter.  read more

Caesars revenues drop 2.9 percent in first quarter

Caesars lost $217.6 million in the first quarter and blamed the loss on "a nationwide slowdown in casino customer spending as the year began."  read more

Ameristar Casino sees profits, revenues decline

Ameristar's overall revenues fell 5.5 percent in the first quarter to $295.1 million. And its net income was $18 million. Last year, Ameristar reported a net income of $41.4 million in the first quarter.  read more

Massachusetts city taps MGM casino bid

Springfield Mayor Domenic Sarno endorsed the company's plans to build an $800 million hotel-casino in Springfield. The site is competing against two other entries for a single casino license in western Massachusetts.  read more

SLOTS News

SLOTS

Slot-machine sales, social gaming boost IGT

The company posted second quarter earnings of $78.2 million, or 29 cents per share, up from $61.9 million, or 21 cents per share, in the same period last year.  read more

The Reel Life: Know when to quit edition

The Reel Life loves carnival games, even though we know they're impossible to win. But our love of the online slots has taught us when to quit. That's a lesson others need to learn.  read more

Did You Know
Did You Know?
PokerStars has received a temporary restraining order preventing the Atlantic City Club from selling itself to a company other than PokerStars.
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