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January 21, 2013

Casino City Times Weekly Newsletter
January 21, 2013

Latest From Our Strategy Experts

arrowFrank Scoblete: The better the name, the worse the bet

The better the name, the worse the bet
Frank Scoblete explores the weird phenomenon where bets with dull names favor the player while bets with exciting names favor the casino.  read more

Featured Story

PokerStars moving forward with bid to buy Atlantic City casino

The parent company of PokerStars has filed papers with New Jersey regulators seeking approval to buy the Atlantic Club Casino Hotel, the Press of Atlantic City reported last week. If successful, PokerStars would become the first online gaming company to buy a brick-and-mortar casino in the U.S.  read more
PokerStars moving forward with bid to buy Atlantic City casino



Wall Street likes PokerStars' deal to buy Atlantic Club, but what will New Jersey say?

The question that remains is whether or not New Jersey gaming regulators will sign off on the deal.  read more

Casino City Gang: Make me a match edition

Casino City's Vin Narayanan and Aaron Todd discuss Daniel Negreanu's recent appearance on Millionaire Matchmaker, provide an update on PokerStars' plans to buy an Atlantic City casino, Pennsylvania's move to number two on the list of U.S. gaming markets and how to get your degen on for the upcoming Academy Awards  read more



Cirque du Soleil announces 400 layoffs

Cirque spokeswoman Renee-Claude Menard said Wednesday that almost 50 percent of the cuts will take place at the company's Montreal headquarters. Menard did not discuss how the layoffs will affect its Las Vegas business.  read more

Old ties could hurt Wynn lawsuit

Personal and business ties that date back more than a decade between Steve Wynn and Japanese gaming magnate Kazuo Okada could hurt the lawsuit brought by Wynn Resorts to validate the forced redemption of Okada's stake in February.  read more

Nevada Gaming Control Board members travel to Macau

Control Board Chairman A.G. Burnett called the series of meetings, including talks with law enforcement officials in Hong Kong, "a complete success."  read more

NFL shows no interest in games at proposed UNLV stadium

The NFL doesn't appear likely it would stage a Pro Bowl event or sanction a game at the proposed "Mega-Event Center," as officials for the University of Nevada, Las Vegas and their private development partner are calling the proposed 60,000-seat venue.  read more

There's free agency -- even in gaming

If the casino industry were Major League Baseball, the current crop of big-name executives who have been cut loose since December would constitute a high-priced free-agent market.  read more

Simple reality: Fantasy sports are big business now

Fantasy sports were born in the 1960s, but it wasn't until the late 1980s and early 1990s that it developed into a national sensation.  read more



Washington state woman hits for $25,000 at Fantasy Springs

Marili R. was playing the $5 Double Gold Slot on New Year's Eve and hit a $25,000 jackpot.  read more

Konami Gaming secures Dungeons & Dragons license

Konami and Hasbro have reached an agreement that allows Konami to design and manufacture slot machines based on the popular role playing game.  read more

The Reel Life: Rare art edition

This week, the Reel Life offers this public service announcement: Before you take that box to Goodwill, make sure there's no rare art in there. You don't want to end up inadvertently donating a masterpiece.  read more

Did You Know
Did You Know?
Las Vegas Sands is looking to sell its casino in Bethlehem, Pennsylvania, according to Bloomberg.
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