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February 8, 2016

Latest From Our Strategy Experts

February 8, 2016

arrowJohn Grochowski: Basic strategy for Blackjack Switch

Basic strategy for Blackjack Switch
Grochowski explains that while there is a lot to like about Blackjack Switch, including its house edge and the chance to turn weak hands into strong ones, there's a wrinkle in the rules that requires a change in strategy.  read more
 

Featured Story

Are PredictIt bettors better at picking winners than pollsters?

One day before the New Hampshire primaries, presidential candidates like Donald Trump won't be the only ones hoping they come out on top in the polls. Thousands of traders on PredictIt, a political betting exchange, also have skin in the game. (photo by Gage Skidmore)  read more
Are PredictIt bettors better at picking winners than pollsters?
 

LAS VEGAS LIFE News

LAS VEGAS LIFE

MGM to outsource parking services; valet employees to transfer to vendor

MGM Resorts International said it will outsource parking operations to a Chicago-based company that operates more than 3,900 facilities. (Las Vegas Review Journal)  read more

Cosmopolitan sees revenue jump under new management

Through nine months of 2015, revenues rose 13% as Blackstone Group succeeded in attracting more gamblers to the Las Vegas Strip resort with bet limits of $200,000. (Bloomberg)  read more

Boyd Gaming adding 20 restaurants

The corporation is spending more than $100 million on upgrades and renovations to its Las Vegas and regional properties. (Las Vegas Review Journal)  read more

SPORTSBOOK AND FANTASY SPORTS News

SPORTSBOOK AND FANTASY SPORTS

DFS roundup: Payment processor bows out

Citing an "uncertain legal and regulatory environment," Vantiv Entertainment Solutions announced it would stop processing payments for fantasy sports companies at the end of February.  read more

DraftKings launches in U.K.

Daily fantasy sports enthusiasts are now able to join the U.K.'s estimated 8.5 million season-long fantasy football fans.  read more

Pete Rose, Oscar Goodman star in new William Hill commercial

In the spot, the former Las Vegas mayor advises baseball's all-time hit leader about the benefits of the William Hill Mobile Sports app.  read more

CASINO News

CASINO

Borgata won't pay taxes until AC pays refunds

In a move that could cause the city to run out of money within weeks, a judge has allowed the Borgata Hotel Casino to stop paying taxes until the city hands over $62.5 million in court-ordered tax refunds. (Philly.com)  read more

Downtown Grand records strong 2015 numbers

The Las Vegas casino posted an average 90% room occupancy rate in 2015, along with a steady growth in casino operations.  read more

The Orleans set to introduce new dining concepts

Celebrating its 20th anniversary, the Las Vegas casino will open five new dining options in 2015 as part of a $30 million enhancement project.  read more

Belterra Casino Resort completes phase of $15 million renovation

Upgrades at the Indiana casino include all-new carpeting, wall fixtures and sconces along with new seating to make for a more comfortable and luxurious meeting experience.  read more

Seminole Casino Coconut Creek unveils smoke-free level

Located on the second floor of the Florida casino, "level2" offers over 100 slots, live blackjack and a lounge that serves premium wine, champagne, specialty cocktails and select cognacs and small batch spirits.  read more

Mohegan Sun Pocono to reduce carbon footprint by 14%

A new system will provide a reliable, energy-efficient source and reduce Mohegan Sun Pocono's primary energy consumption.  read more

Pala Casino Spa and Resort celebrating Chinese New Year

Blackjack, Pai Gow Poker and baccarat players can ring in the Lunar New Year through Feb. 20 by winning extra cash in the casino's $30,000 Good Luck & Good Fortune Drawing.  read more

POKER News

POKER

New York advances online poker bill

Introduced by Sen. John Bonacic last spring, the bill allows for 10 online poker licenses in the Empire State and is now in the hands of the Senate Finance committee, which has yet to set a hearing date.  read more

European Poker Tour returns to Dublin

The EPT is joining forces with the regional UK & Ireland Poker Tour (UKIPT) for a 67-event festival over 12 days, which will be held at the Royal Dublin Society.  read more

Seminole Immokalee Poker Challenge to run March 8-13

The six-day series features two primary events, including the history-making $200,000 guaranteed, $1,650 buy-in main event.  read more

SLOTS News

SLOTS

Pennsylvania slot revenue increases in January

Gross revenue at the state's 12 casinos increased 2.1% in January 2016 compared to last year, despite a winter storm that blanketed most of the region on the last weekend of the month.  read more

The Reel Life: Excessive playing cards edition

How many playing cards is too many? The Reel Life and the Thai government are not in agreement.  read more

ENTERTAINMENT News

ENTERTAINMENT

Patti LaBelle to play at Tropicana Atlantic City

Tickets for the April 2 show start at $55 to see the Philadelphia-born musical icon who captured her first hit in 1962 as lead singer of The BlueBelles.  read more

The Righteous Brothers coming to Harrah's Las Vegas

The sound of "blue-eyed soul" featuring Bill Medley with Bucky Heard will perform Wednesdays, Thursdays, Fridays and Saturdays, beginning March 23.  read more

Did You Know
Did You Know?
The $132,545,587 wagered on Super Bowl 50 in Nevada's 194 sportsbooks smashed the previous record of $119,400,822, set two years ago.
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