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October 20, 2014

Casino City Times Weekly Newsletter
October 20, 2014

Latest From Our Strategy Experts

arrowFrank Scoblete: The do and don't of baccarat

The do and don't of baccarat
Gaming guru Frank Scoblete has a long list of experiences at the baccarat tables. He provides a detailed of list of what to do and not do when you're playing, like making sure to focus on Bank and Player bets.  read more

Featured Story

Casino City Gang: Poker Down Under edition

Dan Podheiser, Aaron Todd and Vin Narayanan talk about the World Series of Poker Asia-Pacific's relevance in the poker world, Uber's entry into Las Vegas and a new relationship between DraftKings and the New England Patriots.  read more
Casino City Gang: Poker Down Under edition



"For sale" sign comes down at Sands Bethlehem

Las Vegas Sands is now prepared to invest $800 million in its Pennsylvania hotel-casino complex, just one year after putting the property on the market.  read more

Report: U.S. seeks to extradite Calvin Ayre

Bodog founder Calvin Ayre, who for years allowed U.S. gamblers to bet on sports, casino games and poker on, despite the fact that U.S. authorities maintained his actions were illegal, has reportedly been targeted for extradition.  read more

Las Vegas marketing gurus target free-spending Millennials

Millennials currently outspend Baby Boomers in their trips to Las Vegas because they don't have many of the expenses — mortgages and car payments, for example — that the city's traditional visitor market has.  read more

Revenue down, but profits up for Las Vegas Sands

The company said its net income for the third quarter was $671.7 million, compared with $626.7 million in the same quarter a year ago.  read more

MGM Resorts sells Gold Strike to JETT Gaming

The transaction, which needs approval by Nevada gaming regulators, is the second sale of a small casino by MGM Resorts this year.  read more

Caesars will talk with bank creditors to address debt

The announcement was viewed positively by stockholders, who are hopeful a settlement at the negotiating table between Caesars and its creditors would keep the company out of bankruptcy court.  read more

Lee sees opportunity in Full House Resorts

Dan Lee said there is value in Full House, despite comments in an SEC filing that said management "failed stockholders" with "irresponsible stewardship" and a "reckless buying binge."  read more

Strategic move by PR pro leads to his own business

Reggie Burton handles communications work for Bank of Nevada and Nevada Restaurant Services — parent company of the Dotty's tavern chain — as well as delving into public policy and advocacy issues, including medical marijuana, Internet gaming and universal background checks for gun ownership.  read more



Scientific Games-Bally deal may lead to job cut

The $5.1 buyout could lead to a 21-percent reduction in the combined companies' nonmanufacturing and production workforce. The move would provide a cost savings of $83 million for Scientific Games.  read more

The Reel Life: Make a run for it edition

In Chicago, a man being chased by police tried to blend into the public by jumping into the Chicago Marathon, hoping nobody would notice. He was eventually tackled and arrested.  read more



George Danzer wins WSOP Player of the Year

The German pro, who won two bracelets at the 2014 World Series of Poker in Las Vegas, added his third bracelet of the year when he took down the $5,000 8-Game Mixed Event at the World Series of Poker Asia-Pacific.  read more

Did You Know
Did You Know?
The Gibraltar Betting & Gaming Association has called for a European Union framework for online gaming legislation after its appeal against the U.K.'s point of consumption licensing was dismissed by the courts.
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