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January 14, 2013

Casino City Times Weekly Newsletter
January 14, 2013

Latest From Our Strategy Experts

arrowJohn Grochowski: Striking it big on Multi-Strike poker

Striking it big on Multi-Strike poker
One of the things that makes video poker so interesting is each game has its own sent of nuances. Gaming expert John Grochowski looks at how playing Multi-Strike video poker differs from other video poker games.  read more

Featured Story

MGM Resorts brings free Wi-Fi service to the Las Vegas Strip

MGM properties on the Las Vegas Strip have begun offering free Wi-Fi service in public areas, like the lobby, casino and pool. You don't need to be a hotel guest to use the Wi-Fi. The system is already available at the Bellagio (right), MGM Grand, Mandalay Bay and Mirage. The Monte Carlo, New York-New York and Excalibur are expected to add the service later this year.  read more
MGM Resorts brings free Wi-Fi service to the Las Vegas Strip



Steve Wynn plans $1 billion casino in Mass.

Wynn said the key issue that needs to be solved is winning local approval to build the hotel and casino on an old factory site along the Mystic River in Everett.  read more

Casino City Gang -- Pass the beer nuts edition

Casino City's Vin Narayanan and Aaron Todd discuss the MGM offering free Wi-Fi in its Las Vegas Strip casinos, Erick Lindgren's battle with gambling addiction and the fate/future of bar bets.  read more

Palms to pay $1 million to settle drug, prostitution complaint

The parent company of the Palms, FP Holdings L.P., also agreed to pay $78,000 to cover the cost of the control board's investigation.  read more

Boom in convention attendance drives Las Vegas visitation

More than 3.1 million people visited Las Vegas in November, up 2.5 percent from 3 million a year earlier, the Las Vegas Convention and Visitors Authority reported last week.  read more

Las Vegas cab rides set record at 17,084 in one day

CES attendance helped last Monday's total top the previous high of 14,495 set on Jan. 4, 2011.  read more

MGM Resorts passes second hurdle for Macau development

MGM already operates the MGM Grand Macau and wants to build a second hotel-casino in the region.  read more

UNLV plans to ask LVCVA, casinos for $125 million for stadium

UNLV will ask the Las Vegas Convention & Visitors Authority and Las Vegas's biggest casinos for about $125 million to help pay for a new domed football stadium on campus.  read more



Analysts go radio-silent as proxy fight roils IGT

Last week, after news surfaced of a proxy fight over control of IGT, the only sound heard from the equity and high-yield research community concerning the company was the chirping of crickets.  read more

Investor files preliminary proxy, says IGT has lost value

In a preliminary proxy statement filed with the SEC, Jason Ader, the principal in New York-based Ader Investment Management, said he was denied several in-person meetings with IGT's board of directors.  read more

IGT: Proxy fight would be step in wrong direction

International Game Technology's top executives told the company's shareholders that allowing the slot machine manufacturer's former chairman to win three seats on the board of directors in a proxy fight "would be a step in the wrong direction."  read more

The Reel Life: Trail of Cheetos edition

The Reel Life loves nothing more than a stupid criminal. And Austin Lee Westfall Presler gave us a great story this week.  read more



Proposed gaming bill would allow interstate agreements for online poker

The agreements would allow Nevada online poker players to play against players from other states in real-money games.  read more

National Heads-Up Poker Championship returns

The Heads-Up Championship had been sponsored by online poker companies before the federal government's crackdown on Internet poker. The World Series of Poker is the new presenting sponsor of the tournament, which will be played at Caesars Palace.  read more

Did You Know
Did You Know?
Poker player Daniel Negreanu was one of the featured bachelors on the TV show Millionaire Matchmaker last week. The show airs on Bravo.
Featured Game
Hockey Hero
If you're excited for the hockey season to finally begin and want to let loose some of your pent-up hockey fervor before the games start later this month, lace up your skates and stride over to Intertops Casino and give Hockey Hero a spin.

> More Hockey Hero Details
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