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September 16, 2013

Latest From Our Strategy Experts

September 16, 2013

arrowFrank Scoblete: The Grand Martingale is not so grand

The Grand Martingale is not so grand
Frank Scoblete confirms one player's skepticism of a risky betting strategy. Scoblete notes that you will hit a losing streak, and you'll lose big when you do.  read more
 

Featured Story

MGM puts The Hotel's rebranding on hold

Increased convention and meeting business at the adjacent Mandalay Bay Resort & Casino conference center means MGM needs the rooms at The Hotel, which has delayed the property's transformation.  read more
MGM puts The Hotel's rebranding on hold
 

POKER News

POKER

WSOP to launch real-money site in Nevada

The site will become the second regulated real-money online poker site in the state, after Ultimate Poker launched in April.  read more

Casino City Gang: Red pros drawing dead

The gang discusses the rumor that former U.S. Full Tilt Poker employees -- including pros -- won't be paid their balances, the contentious "first card off the deck" rule, and whether casinos should issue markers to high rollers.  read more

U.S. Full Tilt pros, affiliates won't get paid

Big-name U.S. pros and former Full Tilt Poker affiliates won't be eligible to claim funds from their accounts through the Garden City Group's remission process, according to an e-mail message posted on Two Plus Two.  read more

Poker Player Tweets of the Week: New rule sparks debate

Every poker player with a Twitter account has voiced an opinion on the controversial new "First Card Off The Deck" rule.  read more

CASINO News

CASINO

Challenge to "markers law" disputes $384,000 casino debt

The state argued for the constitutionality of a Nevada law that requires gamblers to pay their debts when requested, or face civil and criminal penalties.  read more

Casino industry sees opportunities in Japan Olympics

Union Gaming Group says taxing two large-scale resorts -- one each in Tokyo and Osaka -- could help finance the 2020 Summer Olympics.  read more

New AGA head finds industry's competitiveness "eye-opening"

Geoff Freeman noted that the limited supply of licenses can disrupt the type of collegiality found between competitors in other industries.  read more

Philippines casino removes former Las Vegas Sands executives

Solaire Resort & Casino ended its agreement with Global Gaming Asset Management, headed by former Sands president Bill Weidner.  read more

Las Vegas Sands seeks to chop trial expenses by 90 percent

A jury awarded $70 million to Richard Suen, who helped the company secure its profitable concession in Macau, but Sands is appealing the verdict.  read more

Washington regulators withdraw Galaxy Gaming complaint

The charges filed by the Washington State Gambling Commission were the result of a routine audit conducted in 2010.  read more

Stardust Casino lives again with free Facebook game

The Strip casino, demolished in 2007, is now immortalized as a free-to-play social gaming site powered by bwin.party and Boyd Gaming.  read more

SLOTS News

SLOTS

The Reel Life: Drunk pig edition

A feral pig in Western Australia stole 18 beers and proceeded to start a fight with a nearby cow.  read more

SPORTSBOOK News

SPORTSBOOK

Avello continues to set the odds

Johnny Avello, who runs the Wynn sportsbook, has a well-earned reputation for being willing to set the odds on anything, including events outside of sports.  read more

Did You Know
Did You Know?
There are roughly 100,000 cameras installed in Macau's casinos, according to industry estimates, with room for potentially another 50,000 over the next five years.
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