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October 12, 2015

Casino City Times Weekly Newsletter
October 12, 2015

Latest From Our Strategy Experts

arrowJohn Grochowski: Can I play video poker professionally?

Can I play video poker professionally?
It's not just the frequency of royal flushes but the skill to always make the mathematically correct play that determines whether someone is a profitable video poker player. But with an expected return of just $7.60 an hour, the real question may be, is it worth it to try?  read more
 

Featured Story

Bellagio craps scheme defied 452 billion-to-1 odds

Yes, you read that right: That's billion with a "b." Statisticians have determined that the possibility of the two high rollers accused of colluding with two dealers legitimately winning the amount of money they won is incredibly slim.  read more
Bellagio craps scheme defied 452 billion-to-1 odds
 

CASINO News

CASINO

This Week in Gambling: Craps cheaters and new rules for Freemont Street performers

In this week's video, J Todd discusses an alleged cheating ring at the craps tables at the Bellagio and new restrictions on where street performers in downtown Las Vegas are allowed to go.  read more

Philadelphia Planning Commission approves Stadium Casino

If given final approval by the Pennsylvania Gaming Control Board, the resort casino project will include a Las Vegas-style gaming floor, a boutique hotel, a spa, destination restaurants and live entertainment venues.  read more

Caesars asks judge to extend bankruptcy period until March

The extension to the exclusivity date of the reorganization plan would give the company extra time to work out a deal with its second-tier lenders.  read more

Nazarian sells stake in SLS Las Vegas

Sam Nazarian is selling his 10% stake to Stockbridge Capital Partners, which owns the other 90% of the resort, to give the struggling casino more flexibility.  read more

Casino City Press releases North American Gaming Almanac

The Almanac reports that U.S. gaming revenue grew nearly 3% to $96.42 billion, and also contains jurisdictional overviews and business data for each U.S. state and Canadian province.  read more

SLOTS News

SLOTS

Previewing IGT's new TV-themed slot machines

Slot machine designer International Game Technology unveiled new games in Las Vegas last week with popular TV-show themes like TMZ Live, Orange is the New Black and Wheel of Fortune.  read more

British soldier wins record £13.2 million Mega Moolah jackpot

Jon Heywood, a British army soldier, broke the world record for largest online progressive jackpot win, taking home £13,213,838.68 on Mega Moolah on just a 25p stake at Betway Casino.  read more

Skill-based slot machines won't take over the casino floor

The Strip casino of the future isn't going to look like your child's Xbox or PlayStation. But gaming industry leaders seem unified in believing that changes have to be made on the slot machine floor if casinos are going to attract a younger customer base.  read more

The Reel Life: Worthless plastic edition

If you're holding onto any unused gift cards from Borders, which went out of business in 2011, you're out of luck. The Supreme Court recently declined to hear a case about the cards, effectively making them worthless.  read more

POKER News

POKER

Stern has $3,500 in unsold WSOP lammers to thank for November Nine appearance

Ofer Zvi Stern didn't plan on entering the 2015 World Series of Poker Main Event. Now, he's outlasted 6,411 players, locked in more than $1 million and will start final table play in second chip position.  read more

First 'Pokerography' features Hellmuth

The sneak peek episode on Poker Central, which will be released on Oct. 18, will follow Phil Hellmuth's life and career.  read more

ESPN WSOP Main Event Recap: Episodes IX, X

Justin Schwartz's gift of gab at the featured table and Josh Beckley's roller coaster ride dominated the Day 6 TV coverage of the 2015 WSOP Main Event.  read more

LAS VEGAS LIFE News

LAS VEGAS LIFE

M Resort robbery suspect arrested in New York

Damir Vucic, who allegedly approached a cashier's cage at the M Resort wearing a black ski mask and black gloves and threatened an employee with a weapon, was arrested Saturday near the Canadian border in New York.  read more

Analyst finds 'growing momentum' in Las Vegas locals casinos

Combined, the locals sector is up 3.1% through September, according to the Gaming Control Board.  read more

DAILY FANTASY SPORTS News

DAILY FANTASY SPORTS

Class-action lawsuit filed against DFS operators

The suit alleges that inside information gave employees of DraftKings an advantage in contests run on FanDuel. DraftKings responded with an e-mail sent directly to all of its players, signed by its three co-founders.  read more

Titus calls for hearings on legality of daily fantasy sports

Nevada Congresswoman Dina Titus says she is concerned that daily fantasy sports falls afoul of the Unlawful Internet Gambling Enforcement Act.  read more

Dan's DFS picks for NFL Week 5

It was another "meh" week for Dan's picks, though DeMarco Murry did have his best game of the season, with 83 yards on the ground with one touchdown and seven receptions for 37 yards.  read more

ENTERTAINMENT News

ENTERTAINMENT

Mencia returns to Atlantic City

Known for his blunt, confrontational and oh-so-politically-incorrect humor, Carlos Mencia will perform at the Tropicana on Saturday, Nov. 14.  read more

Fantasy Springs to host televised boxing event on Oct. 23

Hall of Fame boxer Michael "Jinx" Spinks will host a meet-and-greet before the event headlined by Joseph "JoJo" Diaz Jr.  read more

Did You Know
Did You Know?
According to the American Gaming Association, Ohio's 11 casinos and racinos support nearly 18,000 jobs and generate $3 billion in economic activity.
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Sterling Silver
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