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December 1, 2014

Casino City Times Weekly Newsletter
December 1, 2014

Latest From Our Strategy Experts

arrowFrank Scoblete: The not, not, not of table game play

The not, not, not of table game play
In the interest of making all casino players perfectly mannered and enlightened, gaming guru Frank Scoblete has drawn up a list of all the things table game players should avoid doing.  read more

Featured Story

Casino City Gang: Deal or no deal edition

Casino City's Vin Narayanan, Aaron Todd and Dan Podheiser discuss the odd reports surrounding Wynn and money-laundering controls, the buyer that was supposed to purchase Revel in Atlantic City backing out of the deal and PokerStars getting into the online casino business.  read more
Casino City Gang: Deal or no deal edition



Internet gambling bill not yet a priority

A congressional hearing on a bill to restore the Interstate Wire Act, effectively banning online gaming in the U.S., has lost steam in the current lame-duck session.  read more

Santa Ysabel Interactive responds to lawsuit

A company spokesman says the State of California is attacking the sovereignty of all tribes in its lawsuit against the Santa Ysabel's online bingo site,  read more

Regional casino markets show renewed life

As a whole, share prices of regional casino companies — including Boyd Gaming, Pinnacle Entertainment, Penn National Gaming and Isle of Capri Casino — have outperformed the S&P by 19 percent in 2014.  read more

Analyst: Philadelphia doesn't need another casino

Analysts don't believe a fifth Philadelphia-area casino, slated to be built around the city's sports complex, can thrive in what's becoming an oversaturated market.  read more

MGM Resorts raises $1.15 billion of new debt

MGM said the funds will be used primarily for development costs surrounding the company's casino projects in Massachusetts and Maryland.  read more

Caesars calls latest default notice 'meritless'

Last week, Caesars said it received a default notice last week from UMB Bank related to its senior-secured notes covering CEOC. Caesars said it "does not believe that a default or an event of default has occurred."  read more

Uber temporarily suspends operations in Nevada

Uber, the ride-sharing company that has been bending the state's transportation rules for a month, ceased operations in Nevada last week, vowing to return when it finds a clear path to operating legally.  read more



Mercier, Busquet to headline EPT Prague festival

A schedule featuring almost 60 events, including a Super High Roller, has drawn several top players to EPT Prague, including Jason Mercier and Olivier Busquet.  read more



Slot revenue on the Strip grows

Strip revenue from slots grew almost 7 percent during October to $260.6 million, with total wagering on slots growing by 6 percent to $3.5 billion compared to the same month last year.  read more

The Reel Life: From bad to worse edition

Tampa Bay Buccaneers fans wouldn't know good football if it smacked them in the face. But they might be able to tell the difference between tequila and water.  read more

Did You Know
Did You Know?
Video game publisher and producer Atari has expanded its services into the social gaming market by launching its own online casino-style platform, "Atari Jackpots."
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