Featured Articles Archive - Page 143

New Caesars CEO 'shocked' at lack of innovation to attract millennials

Three months into the job, the new CEO of Caesars Entertainment Corp. told an audience at the Global Gaming Expo on Wednesday that reports of the casino industry being oversaturated in several markets might be a misnomer.Resort operators, he said, are missing out on an untapped customer market.Mark Frissora, who took over as CEO of Caesars on July 1 from Gary Loveman, said casino operators have "underpenetrated" a customer base that is attracted to social and mobile games, as well as millennial customers."We need to be open to a new segment of the population...read more

Former Caesars CEO joins Aetna

Former Caesars Entertainment Corp. CEO Gary Loveman has joined Aetna to oversee a new division for the Hartford, Connecticut-based insurance company.Aetna announced Wednesday that Loveman would become an executive vice president and president of a newly expanded health services organization, which ...read more

Gaming revenue down in Nevada, on Strip for third month in a row

Gaming revenue in Nevada and along the Strip fell for the third straight month in August although other areas of Clark County reported double-digit increases.The Nevada State Gaming Control Board Wednesday said casinos statewide collected $908.2 from gamblers in August, a decline of almost 1.4%...read more

"Show me the money!" DFS sites' lack of transparency has negative impact on player experience

As Week 1 of the NFL season approached, the editorial team at Casino City started discussing what we'd like to do as part of our coverage. Of course we wanted to run some top 10 columns on how you could bet on the games, but with the daily fantasy sports (DFS) industry booming, we thought we'd add some content for people who were new to the industry and might appreciate some analysis.Dan Podheiser's weekly NFL DFS picks column was a result of that conversation, but we also discussed writing a roundup of the biggest guaranteed prize pool (GPP) tournaments the sites had to offer...read more

November Niner Max Steinberg comes back to the felt after finding success on DFS

Max Steinberg File Age: 27Hometown: Fairfield, IowaPosition: 5thChip Count: 20,200,000Career WSOP Cashes: 11 (one bracelet, 2012)Favorite Poker Book: Reading Poker Tells by Zachary ElwoodFavorite Poker Movie: Rounders: "Really? Is there any other legitimate choice?"Favorite Poker Player: Daniel Negreanu: "A lot of the big-name guys, like Phil Hellmuth, became well known for their antics at the table, but Daniel has done it by just being a real nice guy and a tremendous player...read more

DraftKings CEO compares DFS to chess, stock picking

The debate over daily fantasy sports was front and center Tuesday at the Global Gaming Expo.Jason Robins, the CEO of DraftKings, one of the largest daily fantasy sports websites, took part in a panel discussion on whether or not fantasy sports is a form of gambling...read more

JCM Global quietly celebrates 60th anniversary at G2E

JCM Global doesn't attract the crowds to its Global Gaming Expo trade show booth in the numbers that swarm major slot machine manufacturers.It's hard to compete with musical superstar Pitbull (Scientific Games Corp.) and Harvey Levin, the founder of celebrity news resource TMZ (International Game Technology), who are promoting new themed slot machines Wednesday at the Sands Expo and Convention Center.Similar gaming machines have driven JCM's growth since the late 1980s.For 60 years, the Japan-based company has been providing currency transaction technologies to multiple industries, including bill validation equipment, universal money acceptors and ticket printers...read more

MIT card counter believes in 'the power of data'

The opening address of the gaming industry's largest trade show and conference was an unusual place for a noted card counter to give a lesson on how to beat the casino.But Jeffrey Ma's remarks at the Global Gaming Expo on Tuesday had more to do with making business decisions than bringing down the house."Understanding how to use data and analytics gives you a little edge," Ma said during his G2E keynote address at the Sands Expo and Convention Center...read more

Daily fantasy sports debates dominate Day 2 of Global Gaming Expo (G2E) in Las Vegas

LAS VEGAS -- Your Sunday afternoon of watching the NFL on TV isn’t the only party to be crashed by daily fantasy sports.Day 2 of the Global Gaming Expo (G2E) in Las Vegas, the world's largest gaming trade show and conference, was dominated by DFS...read more

Las Vegas Sands abandons plans for South Florida casino

Las Vegas Sands Corp. has abandoned a six-year effort to build a casino-resort in South Florida and has now focused attention on a potential gaming development in Georgia.Andy Abboud, the casino operator's senior vice president of government relations, confirmed publish reports from the Sunshine State that Las Vegas Sands had shut down its lobbying contracts in Florida...read more