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July 2, 2012

Casino City Times Weekly Newsletter
July 2, 2012

Latest From Our Strategy Experts

arrowFrank Scoblete: Paying off the bets

Paying off the bets
Scoblete explains the method behind the madness of the system dealers use to pay off bets and notes how important it is for players to understand it, and understand how much each bet pays.  read more

Featured Story

Full Tilt Poker CEO Ray Bitar in FBI custody

Bitar, who was arrested this morning in New York, was indicted last year on charges of bank fraud, money laundering, illegal gambling offenses and violating the Unlawful Internet Gambling Enforcement Act (UIGEA). In a new indictment released Monday, he is accused of lying to customers and regulators about separating player deposits from operating funds.  read more
Full Tilt Poker CEO Ray Bitar in FBI custody



Big One for One Drop more than just a $1 million buy-in tournament

For the poker pros and the very rich businessmen playing in the event, the $5.5 million raised for One Drop is just the beginning of their charitable works.  read more

A day on the rail at the WSOP: "It's all luck"

Casino City's Aaron Todd put away his World Series of Poker media credential for the day to get the authentic experience of standing at the rail and watching his friend Jas play in a WSOP event.  read more

Mizrachi wins his second WSOP Players Championship

Michael "The Grinder" Mizrachi became the first player to win two Players Championships at the World Series of Poker when he beat Chris Klodnicki heads up to win $1.45 million last week.  read more

Poker deals need to involve winning

Casino City's Vin Narayanan expresses frustration with poker's deal-making culture after seeing one that just didn't sit well with him at the World Series of Poker.  read more

PPA: Lame duck session only hope for online poker legislation

The message from yesterday's Poker Players Alliance town hall was clear: The best -- and perhaps only -- chance to pass federal legislation regulating online poker this year will come in the lame duck session of Congress.  read more

Nevada may seek dance partners for online poker

In order to build player liquidity, Nevada might have to create compacts with other states offering online poker.  read more



Casino City Gang -- All in edition

Casino City's Vin Narayanan and Aaron Todd discuss Delaware passing online gambling legislation, try to unravel one of the weirdest hands the World Series of Poker has seen and look at William Hill's strategy in the U.S.  read more

Eldorado Casino in Henderson still family business

"The Eldorado is very important to me because it was my first investment in the gaming business," said Bill Boyd, who in 1962 opened the Eldorado with father Sam and a handful of other investors.  read more

Gaming stocks swoon in June

Reaction to the broader economy drove down the values of eight casino operators and four equipment manufacturers followed by Las Vegas-based financial consultant Applied Analysis.  read more

Labor board upholds one complaint against Station Casinos

The NLRB dismissed six allegations of threatening an employee for engaging in union activities. Station still faces a hearing by the full three-member NLRB board concerning a second complaint.  read more

May airport traffic slightly higher in Las Vegas

McCarran International Airport had 3,663,251 arriving and departing passengers during the month, compared with 3,652,634 passengers in May 2011.  read more

Pala to give away four Chevy Camaros in September

Pala Privileges members can start earning drawing entries in July.  read more

Discovery may lead to Las Vegas Sands sanctions

Sands could face sanctions for not revealing that about 100,000 e-mails and other documents thought to be in Macau have been in Las Vegas since 2010.  read more



Boyd Gaming premieres Gone With The Wind themed wide-area progressive

The game will be offered at The Orleans, Gold Coast, Sam's Town, Suncoast, Fremont, Main Street Station and California casinos in Las Vegas, as well as the Borgata in Atlantic City.  read more

The Reel Life: Rock-paper-scissors edition

The Reel Life isn't happy that a rock-paper-scissors robot can beat humans 100 percent of the time. But we are pleased that the Dark Knight slot is inspiring some fun promotions.  read more

Did You Know
Did You Know?
The prize for second place in the $1 million Big One for One Drop tournament at the World Series of Poker is $10.1 million. First place pays $18.3 million.
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