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August 19, 2013

Casino City Times Weekly Newsletter
August 19, 2013

Latest From Our Strategy Experts

arrowJohn Grochowski: When to buy another player's hand

When to buy another player's hand
John Grochowski sets the scene for the rare instance where a blackjack player may want to buy another player's hand for even money.  read more

Featured Story

Casino City Gang: And then there were three

Casino City's newest acquisition, Dan Podheiser, joins the Gang for the first time, and Vin Narayanan and Aaron Todd put him through the paces. They ask him about his recent trip to Atlantic City, discuss Nevada's decision to wave the white flag when it comes to Macau and explore fun variations of no-limit Hold'em. And as always, they close the show with the most degenerate five minutes in podcasting.  read more
Casino City Gang: And then there were three



Nevada inquiry into Cantor Gaming creeps along

A state investigation of sports book operator Cantor Gaming, launched after Michael Colbert was indicted for his alleged involvement in an illegal bookmaking and money laundering operation, is moving slowly.  read more

Pinnacle completes $2.8 billion buyout of Ameristar Casinos

The buyout needed approval from nine state gaming regulatory bodies, Ameristar stockholders and the Federal Trade Commission.  read more

Four state bodies OK Penn National Gaming's plan to split

The company, which owns M Resort, announced Thursday the gaming commissions from Iowa, Louisiana, Mississippi and Pennsylvania approved the steps necessary to implement the planned separation.  read more

Old-school deal nets Vaccaro new gig at South Point

Vaccaro's title is yet to be determined, but it will be something similar to vice president of sports marketing.  read more

Wynn donates $25 million to University of Iowa

The gift, announced during a meeting in Ames, will be used to accelerate progress toward cures for rare, inherited retinal diseases.  read more

Galaxy Gaming posts quarterly profit, will file for Nevada license

The company continues to do business in California despite the state's gaming commission upholding a judge's ruling that CEO Robert Saucier is unsuitable to do business there.  read more

Culinary Union plans regular pickets at the Cosmopolitan

After four protests outside the $3.9 billion Strip resort since January, the union plans to picket every weekend until it reaches a contract.  read more

Convention authority switches to Cox Nevada Telcom

The seven-year contract with Cox was approved by all 14 board members except Chairman Tom Collins, who also is a county commissioner.  read more

Stratosphere revenue drops

The casino saw its net revenue decline 1.2 percent to $39.6 million in the second quarter, which ended June 30.  read more

Affinity Gaming posts profitable second-quarter results

During the latest quarter, Affinity completed the renovation of Terrible's into the Silver Sevens.  read more



Record sales help Bally Technologies flirt with $1 billion in revenues

Bally Technologies said it grew both profits and revenues during the fourth quarter.  read more

The Reel Life: When gun safety turns into irony edition

A gun safety instructor in Ohio accidentally shot one of his students. The student is OK. There isn't much that can make this story more perfect.  read more



Poker Player Tweets of the Week: Brunson, Seidel appear to be bored

Casino City's Dan Podheiser finds the best tweets of the past week from professional poker players, and aims to provide some context and analysis.  read more

WSOP generates more than $1.3 million for ONE DROP

Nearly $7 million has been raised by the poker community in two years.  read more

Did You Know
Did You Know?
Bally Technologies, which announced plans last month to acquire rival equipment manufacturer SHFL Entertainment, said it will pay SHFL shareholders $23.25 per share as part of the deal.
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