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January 7, 2013

Casino City Times Weekly Newsletter
January 7, 2013

Latest From Our Strategy Experts

arrowAl Krigman: Some of the best bets are on the craps table

Some of the best bets are on the craps table
Al Krigman takes a close look at the pass and come bets in craps, and how when they're combined with odds bets, they become some of the smartest wagers a player can make at the casino.  read more
 

Featured Story

Don't bet on more gaming in Texas

The Texas legislature may consider the issue of expanding gambling in the Lone Star State this year. But don't count on any measure actually passing. Howard Stutz argues a "gaming bill has as much chance of passing through both Lone Star State legislative houses as the Dallas Cowboys have of winning the Super Bowl with Tony Romo at quarterback. Slim and none."  read more
Don't bet on more gaming in Texas
 

CASINO News

CASINO

AGA chief to step down in June

Frank Fahrenkopf, who has been the American Gaming Association's only chief executive since the organization formed in 1995, will leave the AGA on June 30.  read more

More challenges lie ahead for gaming board chairman

In January 2011, Gov. Brian Sandoval appointed A.G. Burnett to become a member of the three-person control board. Sandoval elevated Burnett to chairman in November 2012 to replace outgoing chairman Mark Lipparelli. And Burnett has plenty of work ahead of him.  read more

Las Vegas is title town for many niche sports, games

The city known worldwide for its events hosts a stunning number of championships for a slew of niche sports that make Vegas America's ultimate Titletown, USA.  read more

Steve Wynn swaps golf acreage for jets

Wynn had previously held an option to buy a 2-acre tract on the Wynn Resorts' golf course in Las Vegas. But it appears Wynn would rather have the option to buy all of the company's aircraft.  read more

Delaware wins by betting on sports

Delaware has seen a 42.4 percent uptick in business since it expanded its sports betting operations involving professional football games.  read more

Terrible's gets $7 million in upgrades

The 60,000-square-foot casino has been upgraded to include nearly 1,000 new slot machines and a William Hill Race and Sports Book.  read more

Macau gaming revenues grow in 2012, hit record $38 billion

In December, Macau's 35 casinos collected a single-month record of $3.5 billion in gaming revenues, more than half of what the Strip's casinos collected in 2011.  read more

Bahamian resort Baha Mar on fast forward

The project, planned for a 1,000-acre parcel with a prime beachfront location in Nassau City, spent much of the past decade having falling-outs with different financing opportunities and management teams.  read more

Pala to give away new car every Friday in 2013

A Mercedes-Benz C250 will be given away each Friday in January; players can enter Toyota Avalon drawings starting Jan. 7.  read more

SLOTS News

SLOTS

Slot machine revenue rises in Pennsylvania for sixth straight year

Slot machines generated more than $1.3 billion in tax revenue for Pennsylvania in 2012.  read more

The Reel Life: Approved names edition

A 15-year-girl in Iceland is suing to get her name on the "approved names" list. Yes, Iceland has a list of "approved names" for people. We hope she wins. If not, we hope her mom hits one of the big Microgaming jackpots.  read more

POKER News

POKER

First Bad Beat Jackpot hits in Potawatomi Bingo Casino poker room

Eighty-one poker room guests shared the $164,545 jackpot.  read more

Merson wins 2012 Card Player Player of the Year honor

Merson kicked a serious drug habit just over one year ago before going on to win two World Series of Poker bracelets, including WSOP Main Event.  read more

Did You Know
Did You Know?
Pennsylvania casinos posted $2.5 billion in slot revenue in 2012, according to The Morning Call. That's about a 3 percent increase from 2011 slot revenue.
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