All Slots Online Casino, a proud member of the Jackpot Factory Group and a leading online slots casino, adds five new games to its repertoire, including the Rat Pack Video Slot, with its new "scatter-nudge" feature offering unlimited free spins in its bonus round.

 

More Scatter Symbols Mean More Free Spins in the Rat Pack Video Slot

 

Awarding unlimited free spins, The Rat Pack's scatter-nudge feature is an industry first. The bonus feature is triggered when 3, 4 or 5 scatter symbols appear anywhere on the game screen. All reels featuring a scatter symbol are held in place, and the remaining reels are spun for free. The payout is awarded and the reels that were held are "nudged" down one space. If a scatter symbol still appears, that reel is held and the remaining reels are spun again. The free spin feature ends when no more scatter symbols appear on the screen.

 

New Game Line-up Includes Huge Online Slot Jackpots

 

Accompanying The Rat Pack is another noteworthy video slot, Beach Babes, which awards up to 600,000 coins during its bonus round of free spins. This popular bonus feature offers top slot payouts which are multiplied up to six times.

 

David Brickman, Jackpot Factory Vice President of Player Affairs, said in a joint statement with All Slots Casino, "This month's new games offer some really exciting features that our players are sure to love. All Slots prides itself on its variety of slot games, with over 250 to choose from. The outstanding quality of the graphics and sound are what set our games apart from the competition."

 

Other new releases at All Slots this month are Fighting Fish Video Slot, Kings and Queens Video Slot and Triple Pocket Hold'em Poker Gold, a new table poker game.

Titan Poker, the largest online poker room on the iPoker Network, will give players twice as many reasons to play in March with its newly launched Spring Poker Madness promotion.

 

Spring Poker Madness is a promotion available to all TitanPoker.com players and is bound to be especially popular. During March, Titan Poker will double loyalty rewards for all its players. This is exciting news, as the doubling of loyalty rewards means more benefits, and subsequently higher cash outs. The Special March Loyalty Points Bonus will be issued to players at the beginning of April 2009.

 

Spring Poker Madness comes in the wake of the recent launch of Club Titan, Titan Poker's exciting and generous VIP Program. The Club Titan program is simple and easily understood and rewards are available to all players, novices and big-time poker enthusiasts alike.

 

In addition to the VIP promotions, all Titan Poker players are currently participating in the highly contested February $1,500,000 Race, in which over $1,500,000 in prize money has been set aside for cash table poker players.

 

Players are also vying to win a seat to Titan Poker's biggest tournament ever, the $2,500,000 Guaranteed, which will be staged on March 8, 2009.

Station Casinos Inc. of Las Vegas said Wednesday it's not interested in entertaining Boyd Gaming Corp.'s offer to buy part of Station.

 

And with bondholders apparently hoping for a better deal, Station said today it extended the deadline for the note holders to vote on a debt-exchange deal that would leave the current owners in place after a proposed bankruptcy reorganization.

 

The deadline of Monday night was extended until April 10.

 

In a letter to Boyd that Station disclosed today and that was dated today, Station Chairman and Chief Executive Officer Frank Fertitta III said Station will continue pursuing its previously announced reorganization plan. That plan would leave he and his brother Lorenzo Fertitta and Colony Capital in charge of Station.

 

"In reviewing Boyd's indication of interest letter, the (Station Casinos) board considered, among other factors, the non-specific, non-binding and highly conditional nature of the Boyd proposal, the risks to the company in sharing sensitive and confidential information with a significant competitor, and the uncertainties and timing risks associated with pursuing the proposal, including the feasibility of obtaining necessary third-party consents and required regulatory, antitrust and other governmental approvals,' the letter said. "The board also considered the potential harm that would result to the company's stakeholders if such a proposal was delayed or could not be completed, whether as a result of the foregoing factors or Boyd's potential inability to perform due to its own financial position.'

"In light of the foregoing, and for other valid considerations, our board has concluded that it is in the best interests of the company and our stakeholders to proceed with the current restructuring plan,' the letter said.

 

Boyd spokesman Rob Stillwell said Boyd planned to respond to the Station letter on Wednesday.

"We remain interested in acquiring all or some of the assets of Station Casinos,' he said in response to Station's letter.

 

Separately, Station said it entered into forbearance agreements with its key note holders and lenders -- meaning they won't take action against Station during the forbearance period, ending April 15, for the company falling behind on debt payments for those notes.

 

"These forbearance agreements will provide the company with additional time to continue discussions regarding the terms of its plan of reorganization with its lenders and the holders of its senior and senior subordinated notes,' Station said.

 

Analysts have said bondholders may be looking for a better offer from either Station's owners or from Boyd, the Las Vegas company that offered to buy some of Station's Las Vegas casinos for $950 million and has expressed interest in buying the entire company.

 

Station, the dominant player in the big Las Vegas locals gaming market, said Feb. 3 it was proposing to swap high-cost debt for low-cost debt and cash. It also proposed a capital infusion of $244 million by casino executives and owners Frank Fertitta III, and Lorenzo Fertitta, vice chairman; and by co-owner Colony Capital; and a plan to have the transaction approved through a prepackaged bankruptcy filing.

 

Station has offered some investors 10 cents to 50 cents on the dollar, depending on the bonds they hold, in secured notes and cash, in exchange for about $2.3 billion of existing bonds. The plan has been challenged in court by some bondholders, but Station says their case has no merit.

 

The plan would save Station an estimated $100 million per year in interest and debt expenses, a key savings considering the company's cash crunch caused by the recession.

 

Station has projected revenue fell 19 percent in the quarter ending Dec. 31 to $290 million.

As reported by The Boston Globe: "State Treasurer Timothy P. Cahill's estimate that three slot machine parlors he has proposed for Massachusetts would produce $2 billion to $3.3 billion in licensing fees was criticized yesterday by gambling specialists as significantly inflated and apparently based on outdated data that did not take into account current economic realities.

 

"Cahill also encountered problems on a second major proposal, a plan to privatize the state lottery that he unveiled yesterday morning. It is a move that has been contemplated by other states, but which the US Department of Justice has said would violate federal law.

 

"Cahill's numbers for slot machines were based on an underlying flaw, an assumption that each slot machine would produce profit of $275 per day, which is probably too optimistic, specialists said. Cahill used that number in a financial analysis to conclude that prospective bidders would agree to pay between $665 million and $1.1 billion each in upfront fees for a license.

 

"'Nobody's ever paid that much for a casino license,' said Clyde Barrow, a casino specialist at the University of Massachusetts at Dartmouth. 'I can't see anybody putting up that kind of money to license a slot parlor. This is really an eye-popper for me.'

 

"The real-world experience for states has been far less lucrative. Pennsylvania has sold licenses to operate slot machines for $50 million each, which is only 7 percent of Cahill's lower estimate..."