October 2009

AGEM Index

By N/A

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N/A

With mixed stock performances for major gaming suppliers during the month of August, the AGEM Index increased 5 percent over the previous month, posting a value of 111.56, or an increase of 5.27 points. On a year-over-year basis, the AGEM Index is up 4.1 percent, recording its second consecutive monthly increase, the first time since March 2008.

Who is Due Back? Part III: A Closer Look at Theoretical Win

By Dr. A. K. Singh, Andrew Cardno and Bart A. Lewin

Author: 
Dr. A. K. Singh, Andrew Cardno and Bart A. Lewin

In Parts I and II of this “Who is Due Back?” series, we looked at clustering techniques and how they can be applied to predict when a customer is “due” to return to gamble at a casino property. The clustering techniques were designed to de-average the customers and create different groups of behaviors. We have decided that we need to take a look at the reliability of the measurements themselves.

New Class II Slots, October 2009

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What's new in Class II slots? Read here to find out. Featuring Expedition Outback from Cadillac Jack, Fish In a Barrel™ Bingo from IGT, Pirate’s Luck from Multimedia Games, Treasures of Atlantis from Nova Gaming and Sumo 7s from VGT.

Buy Indian: The American Indian Business Network

By Ernie Stevens Jr.

Author: 
Ernie Stevens Jr.

The American Indian Business Network (AIBN) began as an initiative of the National Indian Gaming Association (NIGA). The AIBN was envisioned to promote a “Buy Indian” concept and create consideration of Indian products and services by tribal casinos and other businesses that were involved in Indian country. As the AIBN evolved, the purpose of the overall initiative has expanded.

Back and Front Pay Are Subject to Employment Taxes

By Patrick H. Hicks and Sandra Ketner

Author: 
Patrick H. Hicks and Sandra Ketner

In Josifovich v. Secure Computing Corp., a federal district court in New Jersey held that both back pay and front pay paid as part of a settlement award to a former employee were wages and thus subject to federal employment taxes. The court also rejected the former employee’s argument that the employer must pay the taxes by “grossing up” the settlement.

Table Games & Gear, October 2009

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Looking for a way to drive revenue in your pit? Try Shuffle Master’s Game Manager Nexus. Racing Card Derby is anew and exciting table game and accommodates 10 players against a live dealer. TCSJOHNHUXLEY’s newest cardroom system, CardRoomMAGIC, offers casino operators, card clubs and gaming venues complete control of all poker games played under the same roof.

A Farewell to Frank Fertitta Jr.

By Amanda Huggett

Author: 
Amanda Huggett

From bellman to gaming legend, Frank Fertitta Jr., the founder of Station Casinos Inc., died Aug. 21, 2009, at age 70. Originally from Texas, Fertitta’s first job when he came to Las Vegas was a bellman at the Tropicana Hotel & Casino. Over the next 16 years, he rose up the ranks, from dealer to pit boss, baccarat manager and general manager at various properties.

How Do Match Play and Promotional Chips Affect Table Game Statistics? Part II

By Bill Zender

Author: 
Bill Zender

In last month’s article, I examined the cost and effect of using match play and “first card is an Ace” coupons. This month, I will continue on with promotion chips, both single decision and multiple decision.
Although their general purpose is similar, there is a huge mathematical difference between the two options.

New Community and Progressive Slots, October 2009

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“Pony up” and get ready to bet on Multimedia Games’ new slot, Sport of Kings. Aristocrat’s Mega Millioni$er multi-site progressive offers higher jackpots and a multimillion-dollar top award on a penny slot. Sex and the City Multi-Level Progressives is the first MegaJackpots product to offer MultiPLAY from IGT. See all of your favorite MONOPOLY characters in WMS' MONOPOLY Advance to Boardwalk.

CRM, BI and U: VGT and Class II “Systems”

By John Wilson

Author: 
John Wilson

Our continued examination of CRM/BI systems steps into the Class II market this month and introduces Video Gaming Technologies Inc. (VGT). As Class II is considerably different from the Class III market, you’ll find VGT’s CRM/BI system is just as different. For the Class II market, it is important to consider CRM/BI in the broadest sense and not just as a software system.