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January 20, 2014

Casino City Times Weekly Newsletter
January 20, 2014

Latest From Our Strategy Experts

arrowJohn Grochowski: Important video poker tips

Important video poker tips
Gaming guru John Grochowski provides his invaluable expertise on video poker strategy, like why players should go for "open-ended" straight draws, but not gutshots.  read more

Featured Story

Anti-online gaming group circulates FBI letter

The Coalition to Stop Internet Gambling, a grassroots organization funded by Las Vegas Sands Chairman Sheldon Adelson, distributed a letter from the FBI dated late September, 2013, that suggests Internet wagering can be used by criminals to conduct money-laundering activities. The circulation of the letter is the latest in a string of efforts by the group to ban Internet gaming at the federal level.  read more
Anti-online gaming group circulates FBI letter



Public heavily backing Broncos

After briefly being cast in the underdog role, Peyton Manning and the Denver Broncos are Super Bowl favorites against the NFC champion Seattle Seahawks.  read more

Sportsbooks hope to attract fantasy sports players

Las Vegas casinos and sportsbooks are still trying to figure out how to attract fantasy sports players and their disposable income to the Strip.  read more

CG Technology to pay record $5.5 million settlement

The Las Vegas-based bookmaker will pay a record $5.5 million fine under an agreement reached with the Nevada Gaming Control Board, according to the stipulated settlement.  read more

Inside Gaming: $5.5 million fine keeps CG alive

There is a reason officials from CG Technology said they were "glad to have reached a resolution" with Nevada gaming regulators and will pay the largest fine ever leveled against a casino or affiliated company.  read more

William Hill's U.S. business posts 150 percent rise in revenues

The company also reported an 8.3 percent gross win margin, a nice recovery from the 4.2 percent figure in 2012.  read more

Penn National starts work on $360 million California project

The casino company announced initial development activities on the Hollywood Casino Jamul last week.  read more

Paragon encounters pushback in Vancouver

The Las Vegas-based company's plans to build a $535 million hotel-casino are being met with opposition from anti-gambling forces in British Columbia.  read more

Hakkasan acquires Enlightened Hospitality Group

Enlightened Hospitality Group currently operates the Searsucker and Herringbone restaurants in California and Texas.  read more



Borgata cancels tournament over fake chips

The New Jersey Division of Gaming Enforcement canceled the first event of the Borgata Winter Poker Open after suspicions about the use of fake chips arose.  read more

Dover man hits "mini" bad beat jackpot for $10,000

The player, who did not wish to be identified, received 50 percent of the jackpot, while the other eight players at the table split the remaining $5,000.  read more



The Reel Life: Shut down the Internet edition

In Sweden, a 73-year-old man has proposed that the Internet be shut down permanently. His letter to his local newspaper has gone viral, ironically, on the Internet.  read more

Did You Know
Did You Know?
Internet gambling has generated a $50.3 million payoff for lawyers, lobbyists, and other professionals since mid-2009, according to the New Jersey Division of Gaming Enforcement.
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