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May 11, 2015

Latest From Our Strategy Experts

May 11, 2015

arrowFrank Scoblete: A sunny day in Casinoland

A sunny day in Casinoland
Gaming guru Frank Scoblete lays out his usual schedule for a day at the casino with his good friend, fellow Casino City Times columnist Jerry Stickman.  read more
 

Featured Story

Caesars turns in best quarterly performance since 2008

The company's gains in revenue were partly attributed to increased volume through Caesars Interactive, the subsidiary that runs the company's World Series of Poker online poker sites. The report is a bright spot for the company that filed for bankruptcy in January.  read more
Caesars turns in best quarterly performance since 2008
 

SLOTS

Player hits $3 million jackpot at San Manuel

The lucky winner turned a $3 bet into a multimillion-dollar score on the MegaBucks Double Diamond Deluxe slot at the Southern California casino.  read more

D Las Vegas owner buys up Riviera slots

Derek Stevens, the owner of the D Las Vegas and the Golden Gate, purchased the recently closed Riviera's 852 slot machines, four roulette wheels and spare machine parts.  read more

Scientific Games nearly doubles revenue and net loss

The company lost $86.4 million even as revenue grew to $658.7 million in the first quarter, compared to income of $388.1 million during the same period a year ago. Costs from the $5.1 billion acquisition of Bally Technologies contributed to the increased net loss.  read more

The Reel Life: A meal is a meal edition

In the U.K., a woman was offered a free meal for two by a garage that damaged her car. So the woman spent £714.61 at a Michelin-starred London restaurant. Now the garage only wants to pay half.  read more

CASINO

Macau revenue dips for 11th straight month

The region's casinos collected $2.4 billion in April, a 39 percent drop from April 2014.  read more

Vegas judge to decide jurisdiction in Sands China case

Clark County District Judge Elizabeth Gonzalez did not say when she would issue a ruling on whether or not she has jurisdiction over Sands China in a wrongful termination case filed by former company executive Steven Jacobs.  read more

Sportsbooks taking cautious approach after 'Deflategate' report

Las Vegas sportsbooks have mostly decided to remove New England Patriots-related bets and will wait to see if quarterback Tom Brady will be suspended due to his involvement in the "Deflategate" scandal.  read more

Adelson denies 'exorcism strategy' to fire Macau executive

Las Vegas Sands Chairman Sheldon Adelson denied having any knowledge of a strategy to rid Sands China of its president and CEO, Steven Jacobs.  read more

Riviera ends 60 years on Strip, closes for good

Guests were ushered out the door at noon Monday as representatives of the Nevada Gaming Control Board oversaw the closure.  read more

MGM Resorts reports stronger earnings despite revenue decline

The Las Vegas-based casino operator reported first-quarter earnings of $169.8 million, compared to $102.7 million during the same period a year ago.  read more

Revenue, cash flow increase for Affinity Gaming

The company saw its revenue increase by 1 percent in the first quarter, but its cash flow jumped by more than 30 percent compared to the same period last year.  read more

Michonne Ascuaga appointed to Nevada Gaming Commission

Ascuaga, the former CEO of John Ascuaga's Nugget in Northern Nevada, was named to the position by Gov. Brian Sandoval last week.  read more

POKER

WSOP Europe announces 2015 schedule

The series will run from Oct. 8-24 at the Spielbank Berlin, with 10 gold bracelets up for grabs.  read more

Bernard Lee to celebrate eighth anniversary of radio show

The poker pro will award one lucky listener of the Bernard Lee Poker Show a $777 buy-in to the Lucky 7's World Series of Poker event, held in Las Vegas on July 3.  read more

Did You Know
Did You Know?
Four professional poker players defeated Carnegie Mellon University's computer program, Claudico, in the "Brains Vs. Artificial Intelligence" 80,000-hand poker competition.
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Top 10 players I'll be keeping an eye on at the 2015 WSOP
  1. Jason Somerville
  2. Daniel Negreanu
  3. Martin Jacobson
  4. Daniel Colman
  5. Erik Seidel
  6. Mark Newhouse
  7. Maria Ho
  8. Paul Pierce
  9. Asher Conniff
  10. Dean Baranowski
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