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November 18, 2013

Casino City Times Weekly Newsletter
November 18, 2013

Latest From Our Strategy Experts

arrowJohn Grochowski: Three Card Poker oddities

Three Card Poker oddities
Gaming expert John Grochowski writes that even though he doesn't love Three Card Poker, he has witnessed some crazy outcomes at the tables.  read more
 

Featured Story

Casino City Gang: Massachusetts is a joke edition

By Vin Narayanan, Aaron Todd and Dan Podheiser
Vin Narayanan, Aaron Todd and Dan Podheiser discuss the state of the Massachusetts Gaming Commission, the lack of publicity in New Jersey surrounding online gaming and the Tropicana in Atlantic City losing its shirt in craps.  read more		Casino City Gang: Massachusetts is a joke edition
 

CASINO News

CASINO

Loveman still livid about Massachusetts

Caesars chairman Gary Loveman is mostly frustrated with the fact that his company wasn't given the opportunity to rebut allegations raised in a third-party report, which ultimately led to Caesars' withdrawal from the Bay State.  read more

Rep. McDermott re-introduces 12 percent online gambling tax

The bill complements legislation introduced earlier this year that proposes to federally regulate Internet gambling.  read more

U.S. bribery law makes foreign deals risky for operators

Penn National chairman Peter Carlino said the Foreign Corrupt Practices Act makes American businesses skittish about investing in emerging international markets.  read more

Casino opponents seek to block Massachusetts projects

Repeal the Casino Deal needs about 70,000 certified signatures by Wedneday to place a referendum on the ballot next year to repeal the state's gambling law.  read more

Wynn Resorts kills Philadelphia casino project

The Las Vegas-based gaming company had initially proposed to build a 150,000-square-foot casino with an estimated cost of $925 million.  read more

GeoComply gets OK from New Jersey gaming regulators

The Las Vegas-based company will be allowed to offer its geo-location services to New Jersey's Internet gaming market.  read more

Clinton a 2-to-1 favorite in 2016 presidential race

William Hill has cut Hillary Clinton's odds to win the White House from 5-2 to 2-1, making her the odds-on favorite.  read more

Red Mercury Entertainment to operate Riviera's showrooms

The Las Vegas firm will oversee operations in the Casino Lounge, Starlite Theater, Crazy Girls Theater and the Riviera Comedy Club Theater.  read more

Station Casinos sees rise in revenues but records net loss

The company reported a $4.7 million loss for the third quarter, compared to a $7.8 million profit for the same period last year.  read more

American Casino loses $9.4 million in third quarter

The parent company of the Stratosphere Casino Hotel and Tower and the two Arizona Charlie's casinos lost $3.3 million in the same quarter last year.  read more

Living like Steve Wynn will cost you $43,750 a month

The casino mogul rents three fairway villas at Wynn Las Vegas, according to a filing with the U.S. Securities and Exchange Commission.  read more

SLOTS News

SLOTS

Silver Slipper player wins $420,000 jackpot

The Slidell, La. native won the jackpot on the quarter progressive Wheel of Fortune slots.  read more

Analysts, investors don't see eye-to-eye on Multimedia Games

The slot machine manufacturer grew revenues in both the fourth quarter and fiscal 2013, but the company's share price dropped 7 percent.  read more

The Reel Life: Dinovember edition

A man and his wife use the month of November each year to help shape their kids' imaginations -- and completely mess with them at the same time.  read more

POKER News

POKER

Paddy Power announces Irish Open details

The buy-in will remain at €2,250 and the event will once again feature a €50,000 Sole Survivor promotion.  read more

Tweets of the Week: Mo' Money Mo' Problems

Jay Farber is tired of people asking him for money after the November Niner took down $5.1 million for second place in the 2013 World Series of Poker Main Event.  read more

Did You Know
Did You Know?
Milford, Mass. residents will vote Tuesday to determine if they want to host a casino operated by Foxwoods. Foxwoods is proposing to build a $1 billion resort casino with a hotel, retail stores, restaurants and a fitness spa.
Featured Game
The True Sheriff
Take a trip to the Wild West and get ready for a sunset duel in The True Sheriff at 7Red, which features animated images in a classic Western setting and music to complete the ambiance.

> More The True Sheriff Details
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Casino City fans wanted
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Top-10 reasons why Sheldon Adelson is wrong about iGaming
  1. His money will actually change something
  2. George Pataki will be a convincing advocate
  3. Would be unable to stop problem gamblers
  4. Online gambling will cost people their jobs
  5. Industry will destroy brick-and-mortar casinos
  6. Our lives are online
  7. Preys on children, poor and addicted gamblers
  8. The people want a ban
  9. A ban will stop players
  10. A ban will stop operators