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October 12, 2015
Casino City Times Weekly Newsletter
October 12, 2015 Latest From Our Strategy Experts | 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 StoryBy David Ferrara 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.
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 | 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 | 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 | 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 | 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 | 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.
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 | 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 | 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 | 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 | 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.
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 | 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 | The sneak peek episode on Poker Central, which will be released on Oct. 18, will follow Phil Hellmuth's life and career.
read more | 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.
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 | 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 | Combined, the locals sector is up 3.1% through September, according to the Gaming Control Board.
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 | 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 | Nevada Congresswoman Dina Titus says she is concerned that daily fantasy sports falls afoul of the Unlawful Internet Gambling Enforcement Act.
read more | 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.
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 | Known for his blunt, confrontational and oh-so-politically-incorrect humor, Carlos Mencia will perform at the Tropicana on Saturday, Nov. 14.
read more | Hall of Fame boxer Michael "Jinx" Spinks will host a meet-and-greet before the event headlined by Joseph "JoJo" Diaz Jr.
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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.
Featured Game A five-reel slot with 25 paylines, Sterling Silver has a gamble feature, allowing players to double or quadruple their winnings by guessing the correct suit of a mystery card. Check out the sights and sounds of Sterling Silver in our video review. > More Sterling Silver DetailsCasino City fans wantedFollow @casinocity on Twitter to keep up with the latest news from the gambling world. > Follow us Top 10 takeaways from the DraftKings data leak - DFS will not be shut down
- Regulation is needed, but not from Congress
- DFS employees should be incentivized to not play
- Banning DFS employees from playing isn't the answer
- Sports betting won't be legalized
- DFS is gambling, but who cares?
- Not comparable to the Ultimate Bet super-user scandal
- No formal accusation has been made against Haskell
- It was only a matter of time
- Maybe all press is good press
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