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March 10, 2014

Casino City Times Weekly Newsletter
March 10, 2014

Latest From Our Strategy Experts

arrowJohn Grochowski: Enter the Dragon

Enter the Dragon
Gaming guru John Grochowski advises baccarat players to avoid playing the Dragon Bonus. But if they are going to play it, they should bet with the player, not the banker.  read more

Featured Story

Casino City Gang: Sunshine State edition

Casino City's Vin Narayanan, Aaron Todd and Dan Podheiser discuss the future of the mostly untapped Florida casino market, a $1.6 million bad beat caused by a disqualified horse and a man suing the Downtown Grand after losing $500,000 at the Las Vegas casino during Super Bowl weekend.  read more
Casino City Gang: Sunshine State edition



Chinese New Year boosts Macau revenue

Casinos in Macau collected $4.8 billion from gamblers in February, beating the market's previous single-month record of $4.6 billion set last October.  read more

Adelson returns to top 10 on Forbes List

Las Vegas Sands CEO and anti-online gambling proponent Sheldon Adelson's net worth grew to $38 billion in 2013. According to Forbes, Adelson earned an average of $32 million a day last year.  read more

Caesars sells four properties to subsidiary

The casino operator sold three of its Strip resorts and Harrah's New Orleans to Caesars Growth Partners for $2.2 billion in a move intended to help Caesars deal with its industry-high $23 billion of long-term debt.  read more

Boyd Gaming displays interest in Japan casino

The company is investigating whether or not it will want to enter the potential Japanese casino market, as the country is currently exploring casino legalization.  read more

The next Strip mega-resort is underway

Genting Group representatives and government officials say the development of Resorts World Las Vegas is on track to start construction this year.  read more

SLS to become part of Preferred Hotels loyalty program

The SLS Las Vegas, expected to open Labor Day weekend, is the first Las Vegas property in the Preferred Hotels & Resorts guest loyalty program, which includes a worldwide collection of 450 independent hotels and resorts.  read more

The Cromwell plans to hire 1,000 employees throughout March

The new Strip property, set to open May 21, will hire for hotel operations, food and beverage, housekeeping, nightlife and table games.  read more



PokerStars announces details for 2014 UKIPT

The UK and Ireland Poker Tour will return to Douglas, Isle of Man from Oct. 2-6 and will feature a £770 buy-in Main Event held at the Villa Marina.  read more

Tweets of the Week: Shot clock edition

Casino City's Dan Podheiser heads to Twitter to see what poker players have to say about the game's latest petty debate: whether or not to implement a shot clock in tournaments.  read more



The Reel Life: Murder-for-hire edition

A Wisconsin woman allegedly offered a man $1,000 in cash and a grab bag of sexual favors in exchange for murdering her husband. Thankfully, after careful consideration, the man went straight to the police.  read more

Did You Know
Did You Know?
Last year, Macau collected a record $45.2 billion in gaming revenue, but the market is on pace to exceed that total in 2014 by 23.7 percent.
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Desert Treasure
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