Poker Online and Video Poker -Online Poker News

High rollers fight for casino - 2004-01-04
The fight for control of the Christchurch Casino is becoming the best game of poker in town. David King reports on the game of bluff and double bluff being fought over the $225 million landmark.

"If you look at our constitution the chairman has the casting vote." Barry Thomas, chairman,
Christchurch Casinos Ltd.

Spend five minutes sitting in the foyer of the Christchurch Casino and you soon realise the place is a goldmine.

The casino, which celebrates its 10th anniversary next year, is awash with gamblers willing to take a punt on beating the house.

Christchurch Casinos Ltd chairman Barry Thomas fought long and hard to get what was the first casino built in New Zealand and would dearly love to increase his 41 per cent stake by buying out his main partner Aspinall, the British gambling house.
Read the full story at Stuff.co.nz

Region's Casinos Most Profitable In Country - 2004-01-04
Jeff Hartmann says he doesn't mind that Mohegan Sun is not the biggest casino in the world, so long as it is the most lucrative. Hartmann, executive vice president of finance and chief financial officer, has watched Mohegan Sun overtake Las Vegas' Bellagio as the most profitable stand-alone casino in North America, as shown in analyst reports.

But success - and profits - can be fleeting, and Mohegan Sun executives have no time to rest on last year's numbers. They are continually fine-tuning their property to ensure they are getting the most revenue out of the 291,000 square feet of gaming space.

Revenue per square foot is one of several measures the Mohegans use to track their casino's performance. The casino took in about $3,600 per square foot of gaming space in the last fiscal year and is moving to increase its so-called “efficiency” in 2004.

In October, the Mohegans closed their poker room and installed 261 slot machines in the 7,000-square-foot space it occupied in the Casino of the Earth.
Read the full story at GamblingMagazine.com