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May 12, 2014
Casino City Times Weekly Newsletter
May 12, 2014 Latest From Our Strategy Experts | | Gaming guru John Grochowski remembers a lucky roulette streak he once had, in which he won a split bet three times in a row at a family birthday party.
read more | | Featured StoryBy Howard Stutz In an industry notice, Nevada State Gaming Control Board member Terry Johnson said the board believes that licensees involved in marijuana trade would reflect poorly on the state of Nevada and therefore should not be allowed. (Image by flickr user "eggrole" used under Creative Commons license 2.0.)
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 | The Gang discusses how online poker rooms can improve their "ecology," why Las Vegas is growing while other markets are contracting and a New Jersey woman who claims her $10,000 online gambling losses are due to identity theft.
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The Genting Group is proposing to build a $4 billion resort with 3,000 hotel rooms and a casino with a combined 3,500 slot machines and table games. The studio tour would be an additional attraction at the resort.
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Affinity, which operates 11 casinos in four states including the off-Strip Silver Sevens and the three Primm resorts, said it currently has "no evidence to indicate that information was stolen."
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The company plans to raise $1.75 billion in new debt that will have longer maturity dates, with the proceeds used to pay the 2015 figure.
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The company lost $386.4 million in the quarter that ended March 31, compared to the $217.6 million it lost in the same three-month period a year ago.
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The company reported net income of $15.3 million, versus a net loss of $140.8 million in the same quarter a year ago.
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Cohen, 90, managed the now-demolished Desert Inn on three separate occasions and also held management positions at the Flamingo, Caesars Palace, Thunderbird and Dunes.
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Lynne B. was at the table at Silver Legacy Resort Casino for 20 minutes before winning the jackpot with a seven-card straight flush.
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 | The county's inability to define when gaming is "incidental" to other operations has created a situation where tavern owners fear being driven out of business.
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In April, the company reported a 66 percent decline in earnings and a 15 percent decline in net revenue for the second quarter. A month earlier, IGT said it was laying off 7 percent of its global workforce to save costs.
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In Iowa, 400 people formed a human chain to move 3,000 books from an old library to a new one. Now we just need to translate this idea to delivering sandwiches in a more timely fashion.
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 | Poker pro Bernard Lee will celebrate the seventh anniversary of The Bernard Lee Poker Show this summer with interviews with four past WSOP Main Event champions.
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ESPN will produce multi-day coverage of the $1 million buy-in event that will result in prime-time episodes in three consecutive weeks.
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The tournament, which last year featured a prize pool of $108,150, will begin Saturday, Aug. 30 at 11 a.m.
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Did You Know?
Thunder Valley Casino Resort (Calif.) gave away $13,498,069 in jackpots in March, more than any month since May 2008.
Featured Game Safari Sam is a 30-line slot featuring free spins, random wilds, scatter pays, a double-up option, stacked collapsing wins and a safari bonus round. > More Safari Sam DetailsCasino City fans wantedPlease join us on Facebook by becoming a Casino City fan! It's a great way to meet fellow gamblers and learn more about what’s going on in gambling and at Casino City. In addition, we'll be developing and rolling out some neat Facebook applications in the coming months. > Become a fan Top-10 memorable moments from the 2004 WSOP - Main Event field and prize pool
- We knew who won the Main Event
- 2-7 single draw coverage
- The dawn of the patch
- The Fischman flop
- "We had the same hand!"
- "I've got the straight"
- "Men the Master"
- ESPN coverage
- Entire WSOP held at Binion's
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John Grochowski: 