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August 11, 2014

Casino City Times Weekly Newsletter
August 11, 2014

Latest From Our Strategy Experts

arrowFrank Scoblete: Stick to the best bets at craps

Stick to the best bets at craps
Gaming guru Frank Scoblete advises his readers to avoid tempting bets at the craps tables and to stick to playing the pass line and one come bet with odds.  read more

Featured Story

Casino City Gang: Monkey see, monkey do edition

Casino City's Vin Narayanan, Aaron Todd and Dan Podheiser discuss the impending casino closures in Atlantic City and how the resort town can turn things around, the latest online poker developments in New Jersey and Nevada and Maryland turning into a major casino market. They also investigate a little monkey business.  read more
Casino City Gang: Monkey see, monkey do edition



Phua pleads not guilty

Malaysian businessman Wei Seng "Paul" Phua, the man authorities consider the ringleader of a multimillion-dollar World Cup betting scheme, pleaded not guilty in federal court to illegal gambling charges.  read more

Most-wanted cheats list down to six

With the arrest of one of the Nevada Gaming Control Board's most wanted in Pennsylvania, only six "cheats" remain on the list. And they're wanted for a variety of creative thefts.  read more

Nevada Supreme Court rules against Las Vegas Sands

The court said the company has to turn over unredacted documents in its legal dispute with Steve Jacobs. Jacobs ran the company's Macau operations before being let go in 2010.  read more

Caesars files lawsuit against bond holders

Caesars is claiming the bond holders are trying to block the casino operator's debt restructuring efforts.  read more

Is the Macau party over for Wynn and Adelson?

A gaming insider looks at the troubles facing the Macau market and wonders how those issues will impact Steve Wynn and Sheldon Adelson.  read more

Strip properties power MGM earnings

MGM's revenue at its 10 Strip developments grew to $1.345 billion, which is a 7.7 percent increase from the same quarter last year.  read more

SLS operators recommended for Nevada gaming license

Regulators placed several conditions on the gaming license, including a request that SLS Las Vegas developer Sam Nazarian, CEO of SBE Entertainment, not have any management influence over the casino operations or share in the property's gaming revenue until he is licensed by Nevada.  read more

Clark County officials approve plans for old Wet 'n Wild site

Commissioners approved a zoning change to make possible a $1.4 billion resort and arena project at the old Wet 'n Wild site next to SLS Las Vegas on the north end of the Strip.  read more

AGA, child safety nonprofit team up

The American Gaming Association announced a partnership with, in an effort to end a recent trend that has found casino patrons leaving their children in cars while they go inside to gamble.  read more



Isaacs: Unemployed to CEO of four companies

Gavin Isaacs was out of a job 10 months ago. But he's now the CEO of Scientific Games, which purchased WMS Industries prior to his arrival and recently acquired Bally Technologies for $5.1 billion.  read more

The Reel Life: Paper route edition

In one small Iowa town, children are still delivering newspapers door-to-door on their bicycles. Some traditions should never be broken.  read more



Dover Downs to host DPC IV

The fourth Delaware Poker Championship will be held Saturday, Aug. 30 and will feature a $100,000 guaranteed prize pool.  read more

Did You Know
Did You Know?
Boyd Gaming CEO Kevin Smith said on a conference call that the company's online gaming sites in New Jersey "will continue to operate on a breakeven basis in the third and fourth quarters" of 2014.
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