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June 29, 2015

Latest From Our Strategy Experts

June 29, 2015

arrowFrank Scoblete: Electronic table games

Electronic table games
Gaming guru Frank Scoblete discusses the merging of table games and electronic games, and the type of player who enjoys the combination.  read more
 

Featured Story

Massachusetts 'slots parlor' filled to capacity on opening day

Massachusetts Gaming Commission Chairman Stephen Crosby (right) says Penn National Gaming "exceeded expectations" with Plainridge Park Casino. Many were skeptical about the possibility of delivering a first-class gaming experience under the state's limited "slots parlor" license, but Plainridge appears to have pulled it off.  read more
Massachusetts 'slots parlor' filled to capacity on opening day
 

CASINO

Graham proposes another bill to ban iGaming

The proposed legislation by Sen. Lindsey Graham (R-South Carolina) would restore an earlier interpretation of the Wire Act that the DOJ negated in 2011.  read more

Nevada gaming revenues hit $1 billion in May

The state saw a 3.3 percent increase in revenues from the same month a year ago. Strip revenues increased by 1.4 percent.  read more

Uber, Lyft could operate in Las Vegas by end of summer

The Nevada Transportation Authority is working on drafting and implementing regulations for the ride-hailing industry, a process that is expected to take about two months.  read more

Bo Jackson to host FanDuel championship event

The former baseball and football star will host the daily fantasy sports site's World Fantasy Baseball Championship at the Cosmopolitan in Las Vegas on Aug. 21 and 22.  read more

Herbst family to take over Searchlight Nugget next week

JETT Gaming, the Herbst family's company, plans to revitalize the struggling casino and restore Searchlight as a gaming destination.  read more

Judge delays ruling in Caesars reorganization

Caesars Entertainment's largest operating division filed for Chapter 11 bankruptcy in January. An unfavorable ruling could leave Caesars accountable for more than $1 billion in debt obligations.  read more

Court slaps Wynn with $422,380 in fees over slander lawsuit

Wynn's case against stock market analyst James Chanos had been dismissed twice under California's anti-SLAPP laws.  read more

SLS Las Vegas loses $35.3 million in first quarter

The casino is currently operating at negative cash flow, but company officials believe it is on the right path.  read more

SLOTS

Multiplayer tables could save the slots industry

With millennials largely uninterested in traditional slots, gaming manufacturers are looking at skill-based gaming and smartphone-like electronic tables to target a generation acclimated to free electronic skill games.  read more

Nevada regulators start work on skill-based slot machine rules

Gaming Control Board Chairman A.G. Burnett says, "This is the most important regulation I've worked on in 17 years."  read more

The Reel Life: Fedoras and button-downs edition

The last thing anyone wants to do is to offend the entire Internet. Somehow, Old Navy pulled that off when it released a line of clothes designed for bloggers.  read more

POKER

Barton introduces Internet Poker Freedom Act

The legislation proposed by Rep. Joe Barton (R-Texas) would license and regulate online poker at the federal level. It also includes a mandate to implement technology that prohibits underage players and provides aid for problem gamblers.  read more

Chinese firm buys World Poker Tour

Ourgame International Holdings has acquired the brand from Bwin.Party Digital for $35 million.  read more

Did You Know
Did You Know?
A coalition called Californians for Responsible iPoker has partnered with PokerStars to launch a campaign that aims to engage California citizens and businesses in supporting online poker bill in the state.
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