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June 17, 2013

Latest From Our Strategy Experts

June 17, 2013

arrowJohn Grochowski: You can't escape the house edge

You can't escape the house edge
Grochowski takes a closer look at a reader's "roulette system" and explains why it won't work. Part of the explanation: "When casinos offer bets on opposite outcomes of a play, they always leave a clear path to a house profit."  read more
 

Featured Story

Casino City Gang: The Mouth strikes back

Vin Narayanan and Aaron Todd discuss Mike Matusow's win at the World Series of Poker and debates over the WSOP schedule. They also talk about the political mess surrounding federal online gaming legislation and casino related gifts for Father's Day.  read more
Casino City Gang: The Mouth strikes back
 

POKER News

POKER

Matt Glantz: Poker's East Coast advocate

When you're in your 40s, you're generally not an elder statesman in your industry. But in a poker world dominated by a generation of Internet players in their 20s and early 30s, that's exactly what Matt Glantz is.  read more

PokerStars chief executive agrees to $50 million forfeiture

The settlement ends the DOJ's "Black Friday" case against PokerStars CEO Mark Scheinberg. And as usual, the settlement "contains no admission of wrongdoing, culpability or guilt."  read more

Schneider wins third WSOP bracelet, $258,960

The $1,500 H.O.R.S.E. event at the World Series of Poker represented a comeback for sorts for Tom Schneider, one of poker's most well-rounded cash game and tournament professionals.  read more

Radoja wins WSOP heads-up title

Since 2007, Mark Radoja has 18 cashes, four final table appearances and two gold bracelet victories at the WSOP. And with the $336,190 first-place prize, his total WSOP earnings now total nearly $1.5 million.  read more

CASINO News

CASINO

The end is near for betting kiosks

As of July 1, sports betting kiosks will be banned from bars, taverns and other establishments holding a restricted gaming license.  read more

Despite deal, lottery not coming to Nevada any time soon

Scientific Games' $1.5 billion acquisition of slot machine manufacturer WMS Industries doesn't mean a statewide lottery is headed to Nevada.  read more

Confidence in MGM Resorts future climbing

Wall Street is feeling pretty good about MGM's future thanks to modest revenue growth on the Strip and the future of MGM's Macau properties.  read more

NASCAR race to be named Boyd Gaming 300

The Sam's Town 300 will become the Boyd Gaming 300 in 2014. Boyd Gaming owns Sam's Town.  read more

Orleans cashiers sue, say they were forced to work off the clock

The complaint contends unpaid overtime resulted from company policy, which generated numerous complaints over several years but no changes.  read more

Wynn Resorts finances lobbying effort for Massachusetts casino

The pro-Wynn group, Everett United, is made up of dozens of volunteers, with its campaign largely financed by Las Vegas-based Wynn Resorts.  read more

Gaming regulators caution casinos about Google Glass

Nevada state gaming regulators cautioned the casino industry last week about the use of Google Glass by customers, saying the wearable computers could be used as a cheating device by gamblers.  read more

SLOTS News

SLOTS

Foxwoods slot revenue down in May

May slot revenue dipped to $48.2 million, 4.4 percent lower than the $50.4 million reported in May 2012.  read more

The Reel Life: El Candigato edition

The Reel Life has finally found a political candidate it can support -- a cat running for mayor in Mexico. Yes, it's true. And yes, you'll want to support the cat, too.  read more

Did You Know
Did You Know?
A Hershey's Chocolate World is being built inside of the New York New York Hotel & Casino in Las Vegas. It will occupy 13,000 square feet and display an 18-foot-tall Reese's Peanut Butter Cup replica.
Featured Game
Cash Cauldron
The Cash Cauldron slot game at Sky Vegas feels a bit like playing roulette. You hit the "auto play" button, hop on for the ride and hope for the best. The average return to player for this game is 96.477 percent. And a lot of that return comes from "spells" and cauldrons.

> More Cash Cauldron Details
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