Managing the Swings
When you are planning to visit your local casino, it is important to have a financial plan of some sort. If you are an amateur player who just wants to have a few drinks and some fun, it is advisable to take a small bankroll for playing and keep the rest aside for entertainment of [...]
Maryland Lottery Releases Casino Revenue
The amounts are really stacking up for the Maryland Lottery. It released its revenue for this April. The numbers reflect the money brought in at the Hollywood Casino in Perryville in Cecil County and the Casino at Oceans Downs in Worcester County in April, more than $13 million total. $4.4 million of the revenue will [...]
Maryland Lottery Agency Generates $13.1 million in March
The Maryland Lottery Agency declared that the state’s two casinos generated nearly $13.1 million in revenue in March. More than $9.83 million was generated by the Hollywood Casino Perryville or an average of $211.50 for each of the 1,500 machines at the Cecil County facility. The Casino at Ocean Downs took in $3.25 million for [...]
Teresa Piotti Wins $200,000 at Casino
In the Trump Entertainment Resorts’ “One Million to One Player”, month-long promotion, Williamstown, NJ resident Teresa Piotti, 78, was picked as the champion. At the Trump Marina Hotel Casino, Trump Plaza Hotel & Casino and Trump Taj Mahal Casino Resort, Piotti’s name was arbitrarily chosen amongst players. At the Taj Mahal, Piotti was playing. For [...]
Fourth-Quarter Loss Narrows for MGM Resorts
In the fourth quarter, MGM Resorts International says it narrowed its loss, though the company saw casino revenue and room revenue decline. Billionaire Kirk Kerkorian is a major investor in the casino operator. He said that during the quarter, the casino operator had a loss of $139 million, or 29 cents a share, compared with [...]
Casino – William Hill Plc Sees Positive Net Revenue Trend
Gambling group William Hill Plc saw a continuation of the positive net revenue trend seen in previous quarters in the year. The fourth quarter of 2010 was driven primarily by strong growth from William Hill Online and from gaming machines in the shops. After saying, full-year operating profit will be at the top end of [...]
Cancun Gets A Playboy Casino
Playboy has announced that this weekend, it would open its $7.5 million casino in the Mexican Caribbean resort city of Cancun. On Saturday, the casino will be inaugurated. It covers 1,200 sq. meters (12,900 sq. feet) and on the day of inauguration, a private party will be held. It will be opened for the public, [...]
Casinos – New Trump CEO looks to expand outside Atlantic City
Robert Griffin, who will be taking over Trump Entertainment Resorts, is planning to take the company’s casinos beyond Atlantic City. The company, which is coming out of bankruptcy for the third time, has been granted approval by the New Jersey Casino Control Commission to have Griffin serve as CEO of Trump Entertainment Resorts, replacing current [...]
Long-term Betting vs. Short-term Betting In Craps
Non-gamblers like to raise an age-old question with gamblers who enjoy the game of craps, and it’s usually something like: if the casino has the advantage long-term advantage, why even bother playing? There is some truth to it is what makes this question so perplexing. With all kinds of reasons, Craps bettors will come up [...]
Gambling Revenue in Macau on a rise – Casinos/Gambling
In the gambling revenue generated by Macau casino in China, the month of August 2010 saw a dramatic rise. Compared to the revenue generated the same month a year earlier, there was a substantial 40% increase in August. The growth had slowed dramatically, earlier in the year, compared to the heady pace that was seen [...]