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January 12, 2015

Latest From Our Strategy Experts

January 12, 2015

arrowFrank Scoblete: Comps and hedges

Comps and hedges
Gaming guru Frank Scoblete explains to one reader why his friend might be getting better comps than him at the craps table.  read more
 

Featured Story

Casino City Gang: Take it all back edition

Casino City's Dan Podheiser, Aaron Todd and Vin Narayanan talk about PokerStars cancelling its previously announced rake increases, a New Mexico man incorrectly thinking he won $500,000 on a lottery ticket and later receiving a comp, and the second-place bidder in the Revel sale now saying he doesn't want the Atlantic City resort at his original offer price.  read more
Casino City Gang: Take it all back edition
 

CASINO News

CASINO

UNLV to launch master's program in gaming law

The program, which the university's law school will launch this fall, will introduce students to federal and American Indian gambling laws.  read more

Nevada's largest casinos lose $743.7 million in fiscal 2014

It was the sixth straight year that casinos collectively showed a loss, but it was the smallest loss since 2009 when the recession began crushing casino finances.  read more

Stutz: Law firm steeped in gaming history is gone

With its merger New Year's Day into the Fennemore Craig law firm, Lionel Sawyer & Collins has been relegated to the gaming industry history pages.  read more

Z Capital Partners boosts stake in Affinity Gaming

The Illinois private equity firm, the largest shareholder in casino operator Affinity Gaming, has increased its ownership stake to 39.5 percent.  read more

Creditors attempting to block Caesars planned restructuring

Junior level creditors of Caesars are attempting to block this week's planned restructuring of the casino company's primary business unit.  read more

Merrillville off-track betting facility closing operations

Centaur Gaming announced that its Merrillville OTB facility will close operations on Sunday, March 15.  read more

POKER News

POKER

PokerStars sponsors pros from India and Japan

ditya Agarwal is PokerStars' first Indian Team Pro, while Kosei Ichinose is the first Japanese Team Pro, having previously become Japan's first Supernova Elite player.  read more

WSOP.com and 888 to share online poker liquidity in New Jersey

The liquidity share will initially be limited to specific cash games and tournaments, allowing both sites to determine the right mix going forward.  read more

Defendants in World Cup betting case want poker ban lifted

Federal prosecutors are opposing a bid by wealthy Malaysian businessman Paul Phua and his son to remove a court order prohibiting them from playing poker in casinos while they await trial on illegal gambling charges.  read more

SLOTS News

SLOTS

The Reel Life: Get your money's worth edition

There's not much the Reel Life wouldn't do for $1.2 billion. Being paid to get rid of the last name "Hamm" is easy money.  read more

Did You Know
Did You Know?
The New Jersey Division of Gaming Enforcement said in its one-year anniversary summary of online gaming that the state was successful 98 percent of the time using geolocation technologies to correctly locate customers in New Jersey.
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