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June 16, 2014

Casino City Times Weekly Newsletter
June 16, 2014

Latest From Our Strategy Experts

arrowJohn Grochowski: Hitting soft 17 and video poker shuffles

Hitting soft 17 and video poker shuffles
Gaming guru John Grochowski confirms a blackjack player's research that a casino's ability to hit on soft 17s increases its edge two-tenths of a percent.  read more
 

Featured Story

PokerStars acquisition not a game-changer -- yet

Amaya Gaming's $4.9 billion purchase of PokerStars and Full Tilt ends an interesting chapter in online poker history. But its impact on the future is still an unknown quantity. Casino City's Vin Narayanan looks at what led to the acquisition and the questions that still need answering.  read more
PokerStars acquisition not a game-changer -- yet
 

POKER News

POKER

Amaya acquires PokerStars parent company

The Montreal-based online gaming firm has agreed to acquire the Rational Group, the parent company of PokerStars and Full Tilt Poker, in a $4.9 billion transaction.  read more

Selbst eschews gender labels, eyes broader goals in WSOP

Vanessa Selbst has more in tournament winnings than any other woman with $10.5 million. But the 29-year-old wants to be part of a broader poker discussion.  read more

Nitsche becomes youngest three-time winner at WSOP

Germany's Dominik Nitsche, 23, passed Phil Ivey as the youngest three-time World Series of Poker bracelet winner late Tuesday when he won the $1,000 buy-in no-limit Hold'em tournament.  read more

"Poker Night in America" returns to Maryland Live!

The invitation-only cash game and television series will feature Maryland native and 2012 World Series of Poker Main Event champion Greg Merson.  read more

EPT makes Skullcandy official audio partner of Season 11

European Poker Tour players will receive a pair of complimentary "Crusher" headphones at the first Season 11 main event for which they qualify.  read more

CASINO News

CASINO

Casino City Gang: The beautiful game edition

The Gang discusses the Venetian refusing to allow PokerNews to cover a tournament and a new poll showing Massachusetts voters now oppose casinos in the state. They also preview the World Cup and pick all of this week's games.  read more

Upset of Cantor a blow for Adelson

The stunning primary election defeat of House Majority Leader Eric Cantor (R-Va.) removed from office one of Las Vegas Sands Chairman Sheldon Adelson's closest Capitol Hill allies in his crusade against online gaming.  read more

FinCen Director: Casino industry can trace high roller's bankroll

Jennifer Shasky Calvery, director of the Financial Crimes Enforcement Network, said casinos can discover the origins of a high roller's bankroll in the same way they determine that customer's favorite wine or music preferences.  read more

Moulin Rouge site temporarily opens for gambling

Slot machine route operator United Coin managed 16 aging slot games for eight hours at the site, allowing property owner GCA Capital Group to keep the gaming rights for the location alive for another 18 months.  read more

Stutz: Soccer won't fill Macau's cup

Several Wall Street analysts downgraded Macau's gaming prospects over the next few months, offering pessimistic opinions on gamblers showing up at the casinos while the World Cup plays out.  read more

World Cup grows in popularity among bettors

The World Cup comes during an otherwise quiet time for the books and will benefit from a dearth of competition, aside from baseball.  read more

Poll: Americans accept casinos as they would any other business

The American Gaming Association-sponsored survey could be part of an effort to make the gaming regulatory process more uniform.  read more

SLOTS News

SLOTS

IGT share price surges 15 percent

Investors swiftly responded to a Reuters report that the slot machine manufacturer had been put up for sale. In a statement Monday, IGT said the company is exploring "strategic alternatives."  read more

Gavin Isaacs named CEO of Scientific Games

Isaacs, 49, had been serving as a consultant to Scientific Games Chairman Ronald Perelman, the company's largest stockholder.  read more

The Reel Life: Bedtime procrastination edition

According to scientists, a modern phenomenon is sweeping the world and making us all groggy. It's called "bedtime procrastination."  read more

Did You Know
Did You Know?
Dragonplay, the social gaming business to be purchased by Bally Technologies for $100 million, has 700,000 active daily users and 3 million monthly users.
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