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March 17, 2014

Casino City Times Weekly Newsletter
March 17, 2014

Latest From Our Strategy Experts

arrowJohn Grochowski: New slot machines for tournaments

New slot machines for tournaments
Gaming guru John Grochowski marvels at the technological advances that have made slot tournaments more popular among players over the years.  read more

Featured Story

Mass. Gaming Commission hearing focuses on technical issues

Discussions about geolocation and payment processing dominated the Internet gambling hearing hosted by the Massachusetts Gaming Commission at the Boston Convention Center. The hearing did not address the state's three remaining brick-and-mortar casino licenses, which are expected to be awarded later this year.  read more
Mass. Gaming Commission hearing focuses on technical issues



Casino City Gang: Home game etiquette edition

Casino City's Vin Narayanan and Aaron Todd discuss the push for online gaming in Massachusetts and California and the proper etiquette for poker home games -- especially if you're the new player.  read more

House of Blues Foundation Room fires several employees

House of Blues Foundation Room managers have fired the employees who provided illegal narcotics and prostitutes to undercover investigators in 2013 that led to a $500,000 fine levied against MGM Resorts.  read more

Stutz: Boyd deal sparks torrent of speculation

Elliott Associates, the New York-based hedge fund that acquired a 5 percent ownership in Boyd Gaming last week, has a track record that leads analysts to believe the hedge fund will be more than just a passive investor.  read more

MGM, Pinnacle team up on marketing efforts

Starting April 1, select members of Pinnacle's "mychoice" will be offered benefits at MGM Resorts' properties in Las Vegas, while MGM's "M life" members will receive offers at Pinnacle's U.S. properties.  read more

Feud could force limits on Fremont Street booze sales

Depending on the legal definition of "a bar," the Golden Nugget and the Golden Gate may have to drastically scale back their outdoor alchohol sales.  read more

Las Vegas casino pioneer Jackie Gaughan dies at 93

Gaughan once controlled 25 percent of the downtown gaming market and owned portions of some of the city's most historic casinos.  read more

Station Casinos produce strong fourth-quarter revenue

The casino operator grew revenue 8.3 percent in the quarter, helped by the opening of its $800 million Indian casino in Northern California.  read more

Full House Resorts blames weather for fourth-quarter loss

The Las Vegas-based gaming company, which owns and manages several properties across the country, blamed severe winter weather for its $2.3 million loss in the fourth quarter of 2013.  read more

Caesars blames quarterly loss on fading Atlantic City market

The casino operator lost $1.756 billion in the fourth quarter due to the deteriorating market in Atlantic City, which resulted in nearly $2 billion of noncash impairment charges to the company's balance sheet.  read more

Riviera, Treasure Island reach agreements with Culinary Union

The five-year contracts still must be ratified by workers at the two Strip casinos.  read more



Slot keys widely available, remain innocuous

Common slot machine reset keys are easily found for sale on various websites, but a key can only gather information or reset a game; it cannot alter a game's outcome.  read more



Lee wins first Main Event

Massachusetts poker pro Bernard Lee bested 343 players to capture $47,555 and a seat at the 2014 World Series of Poker Main Event.  read more

Did You Know
Did You Know?
During his career, Las Vegas casino pioneer Jackie Gaughan owned parts of the Union Plaza, Golden Nugget, Showboat, Boulder Club, Gold Spike, the Western, Las Vegas Club and the El Cortez.
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