April 3, 2009 090403
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Compiled by Al
Investors warm to
idea of new partner for CityCenter
LAS VEGAS - A day after reports that Los Angeles-based Colony Capital
might be the financial savior of the $8.7 billion CityCenter
development, the project's partners remained relatively quiet.
City casinos made nearly 25 percent less in 2008
ATLANTIC CITY — The casinos can still make money, but the industry is
far from recession-proof. While gross operating profits fell
significantly in 2008 and the fourth quarter, they managed to remain in
positive territory, according to figures released Thursday by the state
Casino Control Commission. Profits dropped by nearly 25 percent to
$940.9 million last year, down from $1.25 billion in 2007.
who police say faked his death is arrested
A man police say faked his own death to avoid arrest last year was
arrested in Las Vegas this week, after Nevada Gaming Board police said
they observed him cheating at a table game in the MGM Grand Casino.
Senate vote paves way for more gaming
A Florida Senate panel passed two gambling bills Wednesday that could
have sweeping impact in Southwest Florida: The Naples-Fort Myers
Greyhound Track would get video slot machines and the Seminole Casino
in Immokalee would add roulette and craps to its other Las Vegas-style
Thanks to Green Chip member Roadwarrior
for submitting the above link.
anyone count cards and beat the game of Spanish 21?
Are there really people out there that are actually professional
Spanish 21 advantage players? Players who train themselves to play and
count effectively enough to overcome a game which rules require the
casinos to “short deck” the customers. Are there enough Spanish 21
games available to make it worth a professional player’s time to
memorize the game’s bizarre basic strategy and different count
bank talk debt -- Bankruptcy professor: It's a case of which party will
LAS VEGAS - Riviera Holdings Corp. let another deadline slip by
Thursday without making a $4 million loan payment but said it is still
in talks with Wachovia Bank about restructuring its debts outside of
to skip interest payment, says bankruptcy possible
LAS GEGAS - Hooters hotel-casino operator 155 East Tropicana LLC
announced Tuesday it won’t make an interest payment on its senior
secured notes, an action that could lead the casino operator to file
for Chapter 11 bankruptcy.
stimulus and casinos / Unfair exclusion
Would Revel Entertainment Group's casino hotel in Atlantic City provide
fewer jobs or less of an economic stimulus than a new widget plant in,
say, Nutley? Are casino-related jobs somehow frivolous and less worthy
of saving or creating than jobs in other industries?
appointed to Nevada Gaming Commission
Two new members of the Nevada Gaming Commission have been appointed by
Gov. Jim Gibbons.
Bally's sports book
LAS VEGAS - Deanna Pettit, a spokeswoman for Bally's, confirmed the
285-seat sports book's closure, but she said the move is temporary. The
sports book is scheduled to reopen in September.
The Bear Growls
Long-time Las Vegas-based advantage player, casino critic, and frequent
contributor LVBear offers his opinions on things that sometimes go
wrong in the world of casinos.
Current and past growls can be read and comments posted at LVBear's
Blackjack, Poker, Craps, other casino-related free
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