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September 22, 2014

Latest From Our Strategy Experts

September 22, 2014

arrowFrank Scoblete: Place bets versus Come bets versus comps

Place bets versus Come bets versus comps
Gaming guru Frank Scoblete explains that, while Place bets in craps will earn you more comps, they will be more detrimental to your overall bottom line in the long run.  read more
 

Featured Story

Ultimate Gaming ending agreement with Trump Taj Mahal

Ultimate Gaming, one of just two companies operating in both the Nevada and New Jersey Internet wagering markets, said Friday it was ending its agreement with the Taj Mahal in Atlantic City after less than a year. The ownership of the Trump Taj Mahal filed for Chapter 11 bankruptcy reorganization Sept. 9 and threatened to close the 2,250-room hotel-casino in November.  read more
Ultimate Gaming ending agreement with Trump Taj Mahal
 

CASINO News

CASINO

Casino City Gang: Leave me alone edition

Dan Podheiser, Vin Narayanan and Aaron Todd discuss Wynn Resorts' victory of the Boston-area casino license, then tackle annoying people at the casino and gambling endurance activities they'd like to try, inspired by Aaron's recent column.  read more

Atlantic City looks to define its gaming future

A third of the Boardwalk's casino industry has closed in a span of nine months, eliminating 8,000 hospitality and gaming jobs and removing 5,000 hotel rooms and suites from the market.  read more

Instead of boom, a whimper from New Jersey Internet gambling

Through August, the state's online gaming revenue was $83.6 million less than half once imagined for the market.  read more

MGM does not plan to leave Atlantic City

Despite Atlantic City's recent troubles — a 60 percent decline in gaming revenue since 2007 and closure of four casinos this year — MGM Resorts Chairman Jim Murren believes in the city by the sea.  read more

Nevada winter marketing plan a work in progress

Representatives of the Las Vegas Ski and Snowboard Resort are going to have to wait a few more days for the Nevada Tourism Commission to iron out the details of its $1.75 million winter marketing campaign.  read more

Klondike Sunset in Henderson gets new owner

The Klondike Sunset in Henderson is changing hands eight months after its owner died, and it may be about a year before its doors are reopened.  read more

Boyd Gaming COO Paul Chakmak leaving the company

Company CEO Keith Smith said he would assume Chakmak's responsibilities with the Las Vegas-based regional casino operator.  read more

Glass containers banned from Las Vegas Strip sidewalks

The decision came after hearing opposition from some small-business owners, but support from the Nevada Resort Association.  read more

POKER News

POKER

WSOP.com claims market leadership in Nevada

In its first year, WSOP.com has dealt more than 15 million hands of cash poker, and more than $363 million has been wagered. The website also has operated 14,564 tournaments in Nevada.  read more

"Reading Poker Tells" author hosting webinar

Zach Elwood, author of two books about reading tells at the poker table, is hosting a webinar on the subject on Thursday, Sept. 25.  read more

Greg Merson becomes WSOP.com ambassador

The 2012 World Series of Poker Main Event champion has become WSOP.com's first sponsored player.  read more

SLOTS News

SLOTS

Multimedia Games changes public opinion

Las Vegas-based Global Cash Access agreed to pay $1.2 billion for Multimedia Games, but the transaction wasn't a surprise. The investment community's opinion on Multimedia Games has done a 180-degree turn over the past 36 months.  read more

The Reel Life: Stick 'em up edition

In Philadelphia, police say a man pretended that a banana was a gun in order to rob a local market. The Reel Life feels he deserves to get away with it.  read more

Did You Know
Did You Know?
Morgan Stanley projects that the U.S. online gaming industry could reach $5.2 billion in revenue in 2020 if there are at least 20 states with legalized online gaming activity.
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