USA Today – Ask a mathematician or a casino owner if you can win gambling in a casino, and the truthful answer is yes, but almost always only in the short run. Unless you’re a professional player who only plays with the long-term edge on your side, the longer you play, the more certain it is that you will lose. People get funny ideas about the way gambling works. In casinos there are games of chance (roulette, craps, keno, bingo, slots, baccarat) and games of chance and skill (poker, blackjack, video poker). A game of chance is like flipping a…

Mississippi Business Journal – Forbes says Tilman Fertitta is worth $2.4 billion. He became a wealthy businessman by making smart decisions, being opportunistic and having a business-is-business attitude. But even when the owner and CEO of Fertitta Entertainment walks into one of his three Golden Nugget casinos, one thing scares him — the changing landscape of the customers. “One of my scariest things that is young people do not play slot machines,” said Fertitta, who was the keynote speaker kicking off last week’s Southern Gaming Summit in Biloxi. “I go to all these places, it’s not young people playing slot…

Business Weekly – Global gaming technology business Quixant is scaling up fast in the US and other global markets from its Cambridge UK headquarters as it pours record levels of cash into new product development. CEO Nick Jarmany said there was significant headroom for technology upgrades and the opportunity for major expansion in new territories on the back of a strong set of maiden AIM results for the year to December 31. Quixant described 2013 as a transformational year for the business and its current order book is more than double the March 2013 level. Jarmany predicts another strong year…