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August 24, 2015

Latest From Our Strategy Experts

August 24, 2015

arrowJohn Grochowski: Those party pits

Those party pits
Gaming guru John Grochowski tells some of his favorite stories about "party pits" in casinos, where rather than dealing the cards as quickly and efficiently as in most pits, dealers are supposed to put on a show and interact with the players.  read more
 

Featured Story

Caesars strikes a deal with largest lenders over restructuring efforts

Caesars said the agreement allows the company to focus on gaining support from the last major debt holder group that has yet to agree on the restructuring plan for Caesars Entertainment Operating Co. The casinos operated by CEOC cover $18.4 billion of the company's $22.8 billion of debt.  read more
Caesars strikes a deal with largest lenders over restructuring efforts
 

CASINO

Cascades Casino opens in Kamloops, B.C.

The $40-million Cascades Casino contains 500 slot machines and 18 table games and has created 325 jobs.  read more

Penn National obtains approval for Tropicana purchase

The Nevada Gaming Commission granted approval to complete the $360 million acquisition, which is expected to be completed on Aug. 25.  read more

Five charged for 2014 Caesars armed robbery

One of the five charged, Izyiah Plummer, is a former security guard at Caesars Atlantic City who had been fired previously, the report said.  read more

River Cree Resort and Casino breaks ground on The Venue

Legacy Building Solutions and the River Cree Resort and Casino have broken ground on a new concert and event center.  read more

Pennsylvania table games revenue up more than 13%

July's gross table games revenue was $69,167,910 or approximately $8 million higher than in July 2014.  read more

Sands Casino Bethlehem brings in $46.1 million in July

July was the casino's strongest month since it opened in 2009.  read more

Aristocrat makes strong showing in Goldman Sachs slot survey

Four Aristocrat games were included in the Top 10: Sons of Anarchy, Helix, Buffalo and Man of Steel.  read more

Saratoga Casino and Raceway adds electronic blackjack

Four units with a total of 20 positions are now available for players, with 18 additional positions expected in the coming weeks.  read more

Monday Night Football at Pala's Infinity Showroom

The showroom will serve as Monday Night Football headquarters starting Sept. 14 at 4:00 p.m. Fans will have the chance to earn prizes while watching the games on any of 17 giant screens.  read more

AGEM issues report on slot hold percentages in U.S.

The report titled "Building Better Business - Assessing the impact of hold percentages on overall slot revenue" assesses the impact of tightening hold percentages in key gaming states.  read more

Macao Gaming Show fills three quarters of exhibition space

The Asian gaming industry exhibition hit the three-quarter mark weeks earlier than it did the previous year.  read more

Scientific Games wins Montana Lottery instant games contract

The five-year contract extends Scientific Games' relationship with the Montana Lottery, which has seen revenue from instant products grow by more than 44% since 2007.  read more

Akwesasne Mohawk Casino Resort signs deal with Agilysys

The casino will use Agilysys' InfoGenesis POS system and rGuest Pay solution to increase efficiency and enhance guest service.  read more

RACEBOOK

Saratoga plans big Travers Day for guests

Saratoga Casino and Raceway will offer guests three ways to enjoy the race and will open its newest dining option, Fortunes, on the same day.  read more

SLOTS

The Reel Life: Get your shine on edition

A South Florida woman allegedly stole $8,000 in jewelry, then wore the lifted diamond earrings to an interview with the police. Talk about taking your chances!  read more

POKER

WPT Foundation Pala Poker Open to offer $100,000 guarantee

The main event will offer starting flights on Sept. 11 and 12, and $100 of every $1,100 buy-in will be donated to Special Olympics Southern California.  read more

Talking Stick Resort crowns Arizona State Poker Champion

Vance Fitzgerald was named the 2015 Arizona State Poker Champion on Aug. 18, taking home $253,600, a Rolex and a customized trophy.  read more

Poker Central begins production on two new original series

Pokerography and Inside Poker will headline the new station's lineup of original programming.  read more

Did You Know
Did You Know?
Gaming revenues at Harrah's New Orleans grew more than 26% in July, one month after they plummeted more than 30%. Harrah's officials say they expect "continued volatility" in the wake of a recent ban on smoking.
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Top 10 degenerate tips for betting the NFL this season
  1. Don't let your personal life interfere
  2. Take every opportunity to middle
  3. Don't blow your bankroll in Week 1
  4. Believe in the circadian rhythm
  5. Don't take the big favorites early in the season in survivor pools
  6. Get creative in Daily Fantasy Sports GPPs
  7. Try a "teaser wheel"
  8. Play the Delaware Sports Lottery
  9. Don't bet on Andy Dalton
  10. Bet on coaches and quarterbacks
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