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April 6, 2015

Latest From Our Strategy Experts

April 6, 2015

arrowJohn Grochowski: Sage advice for the casino gambler

Sage advice for the casino gambler
John Grochowski advises players to stay within their bankrolls, keep part of their winnings, only play with money they can afford to lose and to go easy on the alcohol at the casino.  read more
 

Featured Story

Casino City Gang: Once in a lifetime edition

The Gang welcomes Boston-area poker pro Bernard Lee to the show to talk about his work with travel bucket list company Blaycation. They also discuss a college basketball bettor who stood to win $1 million and the idea of Atlantic City casinos hosting skill-based gambling contests.  read more
Casino City Gang: Once in a lifetime edition
 

CASINO News

CASINO

Analysts downgrade U.S. iGaming potential

Morgan Stanley has downgraded the future earning potential for the U.S. Internet gaming market, citing a lack of movement in key states and "disappointing" results from New Jersey, Nevada and Delaware.  read more

Stutz: Controversial law last thing Indiana casinos needed

The state's 13 casinos experienced a 10 percent decline in gaming revenue in 2014. A heated debate over religious freedom and gay rights will likely not help drive traffic to Indiana casinos.  read more

Revel sale to Straub approved

A U.S. bankruptcy court judge approved the sale of the Atlantic City casino to Florida real estate developer Glenn Straub for $82 million.  read more

Millions owed top Caesars execs may be lost forever

The company owes more than $78.6 million to a combined 279 current and former employees through a deferred compensation program now classified as unsecured debt. But those employees might never see a dime of their pensions.  read more

Wynn Resorts wants a woman on board, just not Elaine

The company says it is committed to having at least one woman on its board by the end of the year, but preferably not Steve Wynn's ex wife.  read more

Nevada and Strip gaming revenues decline in February

The Strip's down month led to a statewide gaming revenue total of $916.1 million in February, a 1.1 percent decline from the same month last year.  read more

Macau casino revenue declines 39 percent in March

The troubled casino market saw gaming revenue fall for the 10th straight month.  read more

High Roller marks year of revolution

Caesars Entertainment's observation wheel at the center of the Strip celebrated its one-year anniversary last week.  read more

Private equity firm offers to buy remaining stake in Affinity

Illinois private equity firm Z Capital Partners, which already owns 39.5 percent of Affinity Gaming, has offered to buy the rest of the Las Vegas-based company.  read more

SLOTS News

SLOTS

Scientific Games to provide lottery to Greece

The Las Vegas-based company will begin deploying 5,000 slot machine-like video lottery terminals to Greece this spring.  read more

Interblock Gaming selects president for North American division

Slovenia-based gaming equipment provider Interblock Gaming has named Rob Bone as president of the company's North America division, where he will oversee sales and strategies in the U.S. and Canada.  read more

The Reel Life: Breakfast Jenga edition

Whoever said you can't play with your food has obviously never tried to maneuver a french fry tower without letting it fall down. Playing Breakfast Jenga is like hitting a slot jackpot over and over again.  read more

POKER News

POKER

Amaya hopes to launch PokerStars in NJ

The Canadian firm, which acquired PokerStars for $4.9 billion last year, says it hopes to launch a U.S.-based PokerStars site in New Jersey by the fall.  read more

Did You Know
Did You Know?
PokerStars has begun taking wagers at its online sportsbook, which went into beta last week.
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