I’ve seen the future of gaming! I don’t mean to say that I understand all the ins and outs of all casinos-to-be, but I do understand what the gaming floor will look like. This is something that the Sustainable Gaming Standards Committee discusses each time we meet.
The AGEM Index ended the month of January 2010 at 102.88, dipping 3.44 points or 3.23 percent from the previous month and falling back to a level not seen since July 2009. The AGEM Index has been in tow with the broader S&P 500 Index over the last few months, which also slid 3.7 percent during the month of January 2010.
The United States Court of Appeals for the Third Circuit’s decision in Erdman v. Nationwide Insurance Co. provides much-needed guidance to employers on several Family and Medical Leave Act (FMLA) and Americans with Disabilities Act (ADA) issues.
In January’s issue of Casino Enterprise Management, I reviewed and discussed the different side bets that are available for use on blackjack tables. But what about the other table games? Can side bets be used on other games, such as craps, baccarat and poker-style games, to increase revenue and give players more added value to their gaming entertainment?
During the late fall of 2009, congressional Democrats introduced the Foreign Account Tax Compliance Act (FATCA). FATCA, which perhaps not unintentionally has a moniker that is strikingly close to “Fat Cat,” has gained considerable attention in the financial sector. FATCA would, in addition to other provisions, impose tax-withholding obligations on certain payments made to offshore accounts and non-U.S. entities.
In Part III of this series, we discussed an approximate formula for calculating an equivalent rebate on actual losses in baccarat. Now we will use a method of repeated random sampling called a “Monte Carlo simulation” to assess the accuracy of the results of this formula. We will also propose an alternative method for calculating rebates on actual loss.
All his life, Ali Saffari has taken giant steps. His goal has been to leapfrog through life powered by his charisma, dedication and desire to succeed. And succeed he has. Throughout his 24-year career with International Game Technology (IGT), he was responsible for many of the greatest gaming industry innovations of our time, including Megabucks, the first bill validators, TITO standards and GAMMA (later known as the GSA).
Read about the newest Class II games here. This month features the following titles: Multimedia Games—Smokin’ Hot Devils™, Cadillac Jack—Reactor 7, IGT—Queen Isabella™ Bingo, VGT—Silver Dollar Shootout™ and WMS—Lucky Meerkats.
Unless you’ve been on sabbatical or hiding under one of your warehoused slot machines for the past five years, you know that CityCenter is the newest—and largest—property to hit the Las Vegas Strip. And at the center of this modern architectural feat is the beating heart of the urban complex: ARIA. The only one of the six towers to house a casino, ARIA is the vocal piece of the entire ensemble.
Last month we studied Configuration “A,” one of our fictitious video slot games. This game had a high hit frequency—87 percent. In order to achieve a configuration where the player wins almost nine out of every 10 games, the wins have to be small on average. Let’s move on to our second game configuration, Configuration "B," and see how it looks.
