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November 21, 2011

Latest From Our Strategy Experts

November 21, 2011

arrowJohn Grochowski: Combination bets are usually bad bets

Combination bets are usually bad bets
Some casino games have many betting options, leading to players trying to figure out winning combinations. Grochowski says no combination of bets with house edge can add up to a winner edge for a player.  read more
 

Featured Story

New TV show examines how sportsbooks operate

By Howard Stutz
"The Linemakers," a new TV show on the Velocity network, features seven sportsbook veterans talking about how sportsbooks work and the week's lines. The cast members have more than 100 years of combined experience in the Las Vegas race and sports wagering industry. They have opened or managed some of the Strip's best-known books, including The Mirage, Caesars Palace and Wynn Las Vegas.  read more		New TV show examines how sportsbooks operate
 

CASINO News

CASINO

Massachusetts ready for gambling expansion

Caesars Entertainment looks like it's in, but Las Vegas Sands, MGM Resorts International and Wynn Resorts may focus on Florida instead.  read more

The Gang: Bills in Washington, casinos in Mass.

The Casino City Gang discusses an ally in the online poker fight, a casino bill's approval in Mass., Phil Ivey's divorce and make their NFL picks.  read more

Nevada Gaming Commission approves new Palms owners

The Nevada Gaming Commission unanimously approved the licensing of Leonard Green & Partners L.P. and TPG Capital as new owners of the Palms.  read more

Moody's bullish on Vegas gaming companies

Moody's Investors Service upgraded its opinion of MGM Resorts, Las Vegas Sands and Wynn Resorts on the strength of future Macau earnings.  read more

Caesars Palace to hire 450 employees

Caesars Palace in Las Vegas will hire 450 employees in conjunction with the opening of its 668-room Octavius Tower.  read more

Caesars Entertainment begins IPO process

Caesars said it's looking to raise up to $50 million by selling shares of the company in a filing with the Securities and Exchange Commission.  read more

Small Vegas casino strives for comeback

The Royal House is undergoing a multi-million-dollar renovation and has been relying on locals' word-of-mouth to boost interest.  read more

SLOTS News

SLOTS

Players come from far and wide to win in Reno

Gamblers from Washington and Wyoming both won jackpots of more than $20,000 at the Silver Legacy Resort Casino.  read more

The Reel Life

The Reel Life had some great teachers and some not so great teachers when we were growing up. However, we never had any teachers who would sell grades.  read more

POKER News

POKER

Report: GBT finalizes deal to buy Full Tilt

Groupe Bernard Tapie may have finalized a deal to purchase Full Tilt Poker for $80 million from the U.S. Department of Justice, according to a report published by Yahoo and CNNMoney.com.  read more

House subcommittee holds another online gaming hearing

A House subcommittee hearing on the possibility of licensing and regulating Internet poker rehashed a familiar debate on Friday.  read more

Indian tribes want major role in online gaming process

The Senate Committee on Indian Affairs heard arguments addressing tribal sovereignty and readiness regarding online gambling in a hearing on Thursday.  read more

Jake Cody signs with PKR

The 22-year-old poker star has won WSOP, EPT and WPT titles and is the latest addition to PKR's team of sponsored players.  read more

Trickett wins Partouche Poker Tour Main Event

Titan Poker's Sam Trickett won €1 million, defeating American Salman Behbehani heads-up to claim the Partouche Poker Tour Main Event.  read more

Did You Know
Did You Know?
WSOP Main Event winner Pius Heinz will not have to pay any taxes on his $8.7 million first price prize because of a U.S.-Germany tax treaty, according to Daily Finance.
Featured Game
Pontoon
There are a number of casino games that have rules very similar to blackjack. One such game is Pontoon, which is very popular in Asia. This classic card game can be played at bet365 Casino.

> More Pontoon Details
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Casino City fans wanted
Please join us on Facebook by becoming a Casino City fan! It's a great way to meet fellow gamblers and learn more about what’s going on in gambling and at Casino City. In addition, we'll be developing and rolling out some neat Facebook applications in the coming months.

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Top-10 gaming industry developments we're thankful for
  1. Sympathetic lawmakers
  2. Problem gaming advocates
  3. Venetian sportsbook
  4. Alfonse D'Amato
  5. Foxwoods poker room
  6. Massachusetts casino legislation
  7. Mobile betting in Nevada
  8. Game developers
  9. Caesars shuttle bus
  10. Creative players/dark humor