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February 16, 2015

Latest From Our Strategy Experts

February 16, 2015

arrowFrank Scoblete: Three Card Poker questions

Three Card Poker questions
Gaming guru Frank Scoblete corrects one reader's assumption that you can beat Three Card Poker consistently, pointing out that the game has a 2.5 percent house edge.  read more
 

Featured Story

Casino City Gang: Losing on a hunch edition

Casino City's Vin Narayanan, Aaron Todd and Dan Podheiser discuss the recent revelation that a computer named Cepheus has "solved" limit heads-up Texas Hold'em and what that means for the game, the mentality of the gambler in the wake of Slate writer losing $225,000 on a hunch on Who Wants to Be a Millionaire and William Hill's expansion plans.  read more
Casino City Gang: Losing on a hunch edition
 

CASINO News

CASINO

NHL may have to address sports betting

The National Hockey League has not taken a position on legalizing sports wagering in the U.S., but it's an issue that league commissioner Gary Bettman says it may have to address.  read more

AGA to launch outreach initiative for presidential campaign

The American Gaming Association will set forth an initiative called "Gaming Votes" in an effort to showcase the industry's economic benefits to candidates in the 2016 presidential election.  read more

Mikulich: The future of gaming is already here

MGM Resorts Senior Vice President of Business Development Thomas Mikulich believes tables that resemble giant smartphones, which already exist for "play money" play in The Mirage and MGM Grand, are the future of gaming.  read more

Golden Gaming, Lakes merger may signal big changes

The transaction between Golden Gaming, Nevada's largest tavern owner/slot machine route operator, and Lakes Entertainment, may signal consolidation in the regional gaming market.  read more

Judge weighing sanctions against Las Vegas Sands subsidiary

District Judge Elizabeth Gonzalez is conducting the evidentiary hearing in connection with a 2010 termination lawsuit filed by Steven Jacobs, the fired former president of Sands Macau.  read more

Silberling finds happiness managing casinos in smaller markets

Affinity Gaming CEO Michael Silberling, who has managed casinos in New Zealand, the U.K. and Uruguay, joined the Las Vegas-based company in August.  read more

Profits decline slightly for Pinnacle in the fourth quarter

The company's net income for the quarter that ended Dec. 31 was $14.5 million. In the same period last year, Pinnacle's net income was $14.8 million.  read more

Boyd Gaming narrows net loss in fourth quarter

Boyd's net loss for the fourth quarter was $32.4 million, compared to a $47.3 million net loss in the same quarter a year ago.  read more

SLOTS News

SLOTS

M Resort player hits $890,863 jackpot

The player won the massive sum playing the quarter progressive slot Monopoly Luxury Diamonds.  read more

Stutz: Scientific Games is the new IGT, minus the baggage

Over the past 18 months, Scientific Games has spent more than $7.6 billion to acquire the gaming industry's No. 2 and No. 3 slot manufacturers.  read more

The Reel Life: DivorceHotel edition

Valentine's Day is a great time to have a weekend getaway with your wife. Drive upstate, check into a nice hotel, enjoy the local sights and restaurants. But if your marriage is on the fritz, there's a weekend getaway for you, too!  read more

POKER News

POKER

Twin River Casino may add poker room

The Rhode Island casino is considering adding a poker room to help drive customers to the casino, as new planned Massachusetts casinos are sure to increase competition in New England.  read more

Did You Know
Did You Know?
New York's Department of Financial Services has proposed a set of revised rules to regulate companies that buy, sell and transfer Bitcoin and other virtual currencies.
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