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February 19, 2024

Casino City Times Weekly Newsletter
February 19, 2024

Latest From Our Strategy Experts

arrowFrank Scoblete: Beware of three-zero roulette

Beware of three-zero roulette
A new form of roulette featuring three green zeroes is gaining popularity and it spells bad news for the player with a house edge as high as 7.69%. Scoblete offers strategies to mitigate the unfavorable odds.  read more
 

Featured Story

WSOP releases 2024 daily event schedule

Following the success of the record-breaking tournament in 2023, the 55th World Series of Poker heads back to the Las Vegas Strip at Horseshoe Las Vegas and Paris Las Vegas from 28 May to 17 July, with the $10,000 Main Event starting on 3 July.  read more
WSOP releases 2024 daily event schedule
 

POKER News

POKER

Largest Southland Casino jackpot hits

On 25 January, James Martin won $657,089 when he placed a side bet on an AGS Progressive Jackpot Hold'em 5 Card Poker game at the Arkansas casino.  read more

SPORTS News

SPORTS

ESPN BET to launch in New York

Last week, PENN Entertainment acquired Wynn Interactive's New York mobile sports wagering licenses, providing the company with access to the massive market beginning this year.  read more

Nevada Super Bowl betting breaks record

The Nevada Gaming Control Board released figures showing that a record-breaking $185.6 million was wagered in Nevada's 182 sportsbooks on this year's Super Bowl.  read more

Pennsylvania reports Super Bowl wagers

The Pennsylvania Gaming Control Board reported that preliminary figures show $71,554,099 was wagered in the Commonwealth on this past weekend's Super Bowl through retail and online sportsbooks, a 15% decrease compared to last year.  read more

DraftKings reaches agreement to acquire Jackpocket

Enabling DraftKings to access and grow into the massive U.S. lottery industry, the company acquired the U.S. provider of digital lottery services for $750 million.  read more

SLOTS News

SLOTS

Foxwoods Resort Casino's January slot revenue

The Connecticut casino is reporting slot revenue of $25.3 million for January 2024, a decrease from the $32.6 million reported for December 2023.  read more

Five Caesars Palace wins over Super Bowl weekend

While the Kansas City Chiefs basked in their triumphant win at Super Bowl LVIII, five lucky Caesars Palace guests each won six-figure jackpots, totaling more than $600,000.  read more

CASINO News

CASINO

Rye Hotel owner fined $80,000

The Victorian Gambling and Casino Control Commission levied the penalty after two instances of integrity breaches and is requiring the owner to sell the property.  read more

Oneida Indian Nation announces Point Place Casino expansion

With a more than $50 million investment from the Oneida Indian Nation, the New York casino's gaming floor will double in size and a new 100 guest room hotel will be built.  read more

Lottery and casino bill passes Alabama House vote

Last Thursday, the House of Representatives approved an amendment that would allow up to 10 casino sites with table games and slots, a state lottery, and sports betting at in-person locations and through online platforms. (AP News)  read more

Massachusetts releases January revenue

The Massachusetts Gaming Commission reported that the month of January at Plainridge Park Casino, MGM Springfield and Encore Boston Harbor generated approximately $93.54 million in gross gaming revenue.  read more

Light & Wonder powers Mohegan INSPIRE's casino floor

The Korean property will leverage the company's system-agnostic global platform, L&W ENGAGE, to manage all operational and marketing aspects for slots and tables as well as cashless and cardless solutions.  read more

Michigan's table games revenue drops in January

January's table games and slot revenue decreased 9.1% when compared to January 2023 revenue. January’s monthly revenue was also 15.7% lower than December 2023.  read more

LAS VEGAS LIFE News

LAS VEGAS LIFE

Bruno Mars debuts The Pinky Ring in Las Vegas

The global superstar opened the doors to his new Las Vegas entertainment lounge inside the Bellagio with a celebration and performance that drew some of his celebrity friends, including Monáe, Babyface, Lucky Daye and Monét.  read more

La Fontaine now open for dinner

Located on Fontainebleau Las Vegas’ Bleau Galerie level, La Fontaine’s all-new dinner menu, conceived by Executive Chef Laetitia Rouabah, combines French sophistication with diverse flavors.  read more

Durango Las Vegas to welcome new poolside experience

Set to debut on 11 March, Bel-Aire Backyard will boast a deck that unfolds like a grand stage, a 7,200-square-foot pool with a central fountain, and two adjacent poolside bars alongside 8,600 square feet of curated event and lawn space.  read more

ENTERTAINMENT News

ENTERTAINMENT

Jennifer Lopez bringing tour to Sin City

The 30-plus city tour will make a Las Vegas stop at T-Mobile Arena Saturday, 20 July with general ticket sales beginning on Friday, 23 February.  read more

Carlos Mencia's comedy act to hit Philadelphia casino

The comedian has been selling out shows across the country and his "No Hate No Fear" tour is coming to Rivers Casino on Saturday, 20 April.  read more

The Cosmopolitan of Las Vegas set to host Daniel Tosh

Performances of Daniel Tosh Live are scheduled for Saturday, 18 May; Saturday, 7 September; and Saturday, 16 November.  read more

Did You Know
Did You Know?
In Q3 2023, New York sports betting tax revenue reached $188.53 million, accounting for just over 37% of the total for the U.S, according to the U.S. Census Bureau’s Quarterly Survey of State and Local Tax Revenue.
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