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June 17, 2013
Casino City Times Weekly Newsletter
June 17, 2013 Latest From Our Strategy Experts | Grochowski takes a closer look at a reader's "roulette system" and explains why it won't work. Part of the explanation: "When casinos offer bets on opposite outcomes of a play, they always leave a clear path to a house profit."
read more | | Featured StoryBy Vin Narayanan and Aaron Todd Vin Narayanan and Aaron Todd discuss Mike Matusow's win at the World Series of Poker and debates over the WSOP schedule. They also talk about the political mess surrounding federal online gaming legislation and casino related gifts for Father's Day.
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| When you're in your 40s, you're generally not an elder statesman in your industry. But in a poker world dominated by a generation of Internet players in their 20s and early 30s, that's exactly what Matt Glantz is.
read more | The settlement ends the DOJ's "Black Friday" case against PokerStars CEO Mark Scheinberg. And as usual, the settlement "contains no admission of wrongdoing, culpability or guilt."
read more | The $1,500 H.O.R.S.E. event at the World Series of Poker represented a comeback for sorts for Tom Schneider, one of poker's most well-rounded cash game and tournament professionals.
read more | Since 2007, Mark Radoja has 18 cashes, four final table appearances and two gold bracelet victories at the WSOP. And with the $336,190 first-place prize, his total WSOP earnings now total nearly $1.5 million.
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| As of July 1, sports betting kiosks will be banned from bars, taverns and other establishments holding a restricted gaming license.
read more | Scientific Games' $1.5 billion acquisition of slot machine manufacturer WMS Industries doesn't mean a statewide lottery is headed to Nevada.
read more | Wall Street is feeling pretty good about MGM's future thanks to modest revenue growth on the Strip and the future of MGM's Macau properties.
read more | The Sam's Town 300 will become the Boyd Gaming 300 in 2014. Boyd Gaming owns Sam's Town.
read more | The complaint contends unpaid overtime resulted from company policy, which generated numerous complaints over several years but no changes.
read more | The pro-Wynn group, Everett United, is made up of dozens of volunteers, with its campaign largely financed by Las Vegas-based Wynn Resorts.
read more | Nevada state gaming regulators cautioned the casino industry last week about the use of Google Glass by customers, saying the wearable computers could be used as a cheating device by gamblers.
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| May slot revenue dipped to $48.2 million, 4.4 percent lower than the $50.4 million reported in May 2012.
read more | The Reel Life has finally found a political candidate it can support -- a cat running for mayor in Mexico. Yes, it's true. And yes, you'll want to support the cat, too.
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Did You Know? A Hershey's Chocolate World is being built inside of the New York New York Hotel & Casino in Las Vegas. It will occupy 13,000 square feet and display an 18-foot-tall Reese's Peanut Butter Cup replica.
Featured Game The Cash Cauldron slot game at Sky Vegas feels a bit like playing roulette. You hit the "auto play" button, hop on for the ride and hope for the best. The average return to player for this game is 96.477 percent. And a lot of that return comes from "spells" and cauldrons. > More Cash Cauldron 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 impressions of the Parx poker room - Nice bathrooms
- Good tournament selection
- Good relationship between Glantz and staff
- Friendly dealers
- Lots of regulars
- Chip carts
- High-limit games
- Game selection
- Red setting
- Location
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