Gambling treatment centre to open

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23 March 2009

WESTON-SUPER-MARE, England -- As reported by the BBC: "A treatment centre for addicted gamblers is to be opened in Weston-super-Mare.

"Broadway Lodge, which is to be run as a charity, has been chosen to provide residential treatment for people.

"The courses are to be funded by GamCare, an organisation set up by the gambling industry, to offer help to people suffering addiction..."

Source: http://www.casinocitytimes.com/news/article.cfm?contentID=177515

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PKR rewards a poker Big Shot

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LONDON, England -- (PRESS RELEASE) -- Swedish PKR stalwart fatboyflex beat off a classy field of 70 participants, including fierce rival Scopey on his way to pocketing over $10,000 in PKR.com's inaugural Saturday Big Shot.

This latest triumph for the 20 year-old deep stack specialist marks the pinnacle of his PKR.com career – his list of achievements including a PKR Open title and numerous final table appearances.

PKR.com forum favourite Discomonkey finished the $500 buy-in event in third spot, continuing the rich vein of form which steered him to the final table of a GUKPT Walsall event last month.

The Saturday Big Shot runs every week on PKR.com with satellites offering the chance to qualify daily for as little as $5. Designed to cater for the experienced player, 20 minute levels and 10,000 starting stacks make for a highly playable tournament which is the biggest buy-in event to be found online on a Saturday night.

PKR Cardroom Manager Neil Wright said, "The very first Saturday Big Shot has proved an attractive tournament for high rollers. With over $34K in the prize pool for the debut, we are looking forward to this event becoming even bigger over the next few weeks."

Source: http://www.casinocitytimes.com/news/article.cfm?contentID=177385

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Harrah's suspending 401(k) contributions

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13 February 2009
by Arnold M. Knightly

Las Vegas Gaming Wire

LAS VEGAS, Nevada -- Harrah's Entertainment on Wednesday revealed that the company will suspend matching employees' 401(k) contributions.

The company also confirmed that it was cutting managers' salaries in an effort to help the company navigate the economic downturn.

Harrah's joins Wynn Resorts Ltd. and Station Casinos as large casino operators that have cut 401(k) payments as visitor numbers and revenues continue to decline.

Boyd Gaming Corp. announced in December it would cut its contributions by half.

Today's announcement is the latest cost-saving measure by the world's largest casino operator this year.

In mid-January, Harrah's Entertainment announced it was postponing completion of the 660-room Octavius Tower at Caesars Palace "until a period of stronger demand."

Las Vegas visitation declined 10.9 percent in December and 4.4 percent last year, the Las Vegas Convention and Visitors Authority reported Tuesday.

Casino revenues on the Strip declined 10.6 percent in 2008, according to figures released today by the Gaming Control Board.

Harrah's, which posted a third-quarter revenue decline of 6.8 percent, will release its 2008 revenues on March 13.

Source: http://www.casinocitytimes.com/news/article.cfm?contentID=177039


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Online Casino Progressive Jackpots Update

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If you are a jackpot hunter and are looking for a progressive game that's about to blow, there are several viable options right now at the top online casinos networked with leading software platforms. For non-U.S. players, your best jackpots currently are building up at Microgaming, Boss Media and Real Time Gaming, while U.S. players stand a good chance at Real Time Gaming online casinos.

As usual, Microgaming's vast progressive jackpot network is loaded to the gills. Currently, the total network has accumulated nearly $8 million in jackpot money, with two games each in the millions, one for over half a million and one at little over a quarter million.

Mega Mollah is by far the biggest of the bunch - now worth over $5 million - and poised to deliver the largest online progressive jackpot to date. Not too far behind is King Cashalot, now worth over $1 million, while Major Millions has racked in over $600,000 and Royale Roulette is worth over $250,000.

Real Time Gaming's progressive network is also looking pretty loaded at this time. Their combined progressive jackpot on the video slots, Shopping Spree and Mid Life Crisis were recently over $1 million (in the $900's now thanks to some big wins already). Another big one is Iris, which is now worth over $250,000, and can be played at Lucky Club Casino. Also on the map at Real Time Gaming casinos is the Let it Ride poker game at ClubWorldCasinos, which paid out over $120,000 to four players over five days.

As for Boss Media, which is chiefly known for their sportsbook and poker sites, their Aladdin's Lamp progressive video slot is now worth almost €2 million and is a good bet for Euro gamers. And another place for U.S. slots players is over at Rival Gaming casinos, which although has a smaller overall accumulated jackpot, dishes out lots of good-sized wins.

That's it for the latest in progressive jackpot news. Good luck and responsible gaming!
Article Source: http://onlinecasinosuite.com/casino-news/jan09/onlineprogressivejackpots-3253.html
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