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August 17, 2015

Latest From Our Strategy Experts

August 17, 2015

arrowFrank Scoblete: Why wild streaks happen in gambling

Why wild streaks happen in gambling
Gaming guru Frank Scoblete reviews a new book by David J. Hand that tackles the math behind "improbable events" that happen in the casino world.  read more
 

Featured Story

Candidates with gaming knowledge dot the presidential field

For the first time, several presidential candidates (perhaps most notably Donald Trump) have hands-on knowledge of the casino industry because they come from states filled with resorts owned by Las Vegas-based gaming companies. (Photo by Michael Vado, Creative Commons 2.0.)  read more
Candidates with gaming knowledge dot the presidential field
 

CASINO News

CASINO

LVCVA board approves plan to demolish Riviera

The Las Vegas Convention and Visitors Authority's board of directors voted unanimously to demolish the property. The demolition will likely occur early next year.  read more

Las Vegas Club to close for renovations

The downtown hotel-casino is being purchased by the owners of The D Las Vegas purely for "the real estate and the building."  read more

Uber, Lyft file applications in Nevada

The two San Francisco-based ride share companies each submitted applications to operate in Las Vegas to the Nevada Transportation Authority offices on Friday.  read more

Taxi executive calls Uber, Lyft rules a 'public safety disaster'

Jonathan Schwartz, a director for Nevada taxi company Yellow Checker Star, says the state's proposed regulations would be among the weakest in the country.  read more

Full House Resorts proposes $650 million Indianapolis casino

The Las Vegas-based company has submitted a proposal for an upscale retail center and casino on the site of a disused airport terminal.  read more

Mass Gaming Commission reports July numbers

Plainridge Park Casino, a slots parlor racino that was the first property to open under Massachusetts gaming law, brought in just over $18 million in its first full month of operation.  read more

New North Carolina Harrah's casino to open doors next month

Harrah's Cherokee Valley River, a $100 million casino and hotel, will contain 1,000 slot machines and 70 table games.  read more

SugarHouse Casino expansion set to move forward

The $164 million expansion will include a 70% increase in size, with an additional 289 slots and more parking.  read more

R&R's to oversee MGM National Harbor marketing

Las Vegas-based marketing firm R&R Partners will play a role in launching the $1.3 billion MGM National Harbor development, a resort complex under construction across the Potomac River from the nation's capital. The project is expected to open late next year.  read more

Isle of Capri casino closing in Natchez

Just three years after opening, the Isle of Capri Natchez Casino will shut down operations, putting 240 employees out of work.  read more

Harrah's New Orleans sees revenue drop under smoking ban

New Orleans's smoking ban, which went into effect in April, is being blamed for a 16% decline in the casino's gaming revenue.  read more

The District near Green Valley Ranch finds firmer footing

The District was a first-of-its-kind commercial development when it opened a decade ago, and after years of turmoil through an economic recession, it's finally found proper footing in the market.  read more

SPORTSBOOK News

SPORTSBOOK

Bettor wins $100,000 on 15-team parlay as MLB home teams go 15-0

A 46-year-old bettor from Dublin wagered the U.S. equivalent of $78.10 at odds of almost 1,300-to-1 to hit the six-figure payday last week.  read more

SLOTS News

SLOTS

Big wins this week at Pala Casino

A slots player from Milwaukie won $101,173 and a player from Long Beach won a 2015 Buick Enclave.  read more

The Reel Life: McDiet edition

An Iowa science teacher lost 60 pounds eating nothing but McDonald's for six months, proving that fast food really is the best thing on earth.  read more

POKER News

POKER

Vanessa Selbst wins $1 million prize at Super High Roller Celebrity Shootout

Selbst beat a table of other pros and the celebrity table winner, and will be hosting her own charity poker tournament in New York City in September.  read more

Dover Downs to host Delaware Poker Championship V

The tournament's championship week runs from Aug. 31 to Sept. 7, with the main event on Saturday, Sept. 5 at 11:15 a.m.  read more

Did You Know
Did You Know?
PokerStars purchased daily fantasy sports site Victiv last week and had previously announced plans to launch DFS operations by the start of the NFL season this fall.
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