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April 22, 2013

Casino City Times Weekly Newsletter
April 22, 2013

Latest From Our Strategy Experts

arrowFrank Scoblete: Demystifying baccarat

Demystifying baccarat
Frank Scoblete walks players through the ins and out of baccarat and mini baccarat, the superstitions surrounding the game and why playing high-stakes baccarat just once should be on every gambler's bucket list.  read more
 

Featured Story

MGM has grand plans with trendy plaza, sports arena

By Howard Stutz
MGM is spending $100 million to build a retail, dining and entertainment district along with a sports arena on a 63-acre parcel of land on the Las Vegas Strip between New York and the Monte Carlo (pictured at right).  read more		MGM has grand plans with trendy plaza, sports arena
 

CASINO News

CASINO

Okada-Wynn feud escalates with new report

Allegations of misconduct by Wynn Resorts to oust a Japanese billionaire as a majority shareholder were based on a "deeply flawed" investigation, former Homeland Security chief Michael Chertoff said in 45-page report.  read more

Penn National sees revenue growth, but profits decline

The regional casino giant said its overall revenues for the quarter that ended March 31 were $798.2 million, an increase of 8.4 percent compared with the first quarter of 2012.  read more

American Gaming Association selects new president

Geoff Freeman, 38, takes over the American Gaming Association as president and chief executive officer July 1.  read more

Toronto casino passes test, but still faces uphill battle

The development, which has drawn interest from MGM Resorts, Caesars Entertainment, and Las Vegas Sands, is backed by the mayor.  read more

Sands' Macau properties continue to grow

Walter Bratic, a Houston-based accounting expert, testified about the Macau profit potential of Las Vegas Sands in the Clark County Regional Justice Center in Las Vegas.  read more

Lawsuit filed over closure of Gold Spike Casino

The complaint, which seeks class action status for about 50 employees, does not give a dollar figure for the compensation sought.  read more

Casino City Gang: Charity night edition

Casino City's Vin Narayanan and Aaron Todd look at whether the mega-resort concept is dead in Las Vegas, discuss Daniel Negreanu winning his fifth WSOP bracelet, Ray Bitar's guilty plea and what makes a good charity casino night. They also make their best bets for the week.  read more

SLOTS News

SLOTS

Connecticut woman wins over $2.3 million on penny slot at Mohegan Sun

Jennifer Pendexter struck it big last week when she hit a jackpot of $2,330,336.63 on a wide-area progressive penny slot.  read more

The Reel Life: Woman shows up for presser half naked

The state whose governor said he was hiking the Appalachian Trail while he was really in Argentina visiting his mistress had yet another strange mishap this week, when a half-naked woman showed up at a news conference at the South Carolina statehouse.  read more

POKER News

POKER

Negreanu wins WSOP APAC Main Event

Poker superstar Daniel Negreanu won his fifth World Series of Poker (WSOP) bracelet and more than $1 million at the inaugural WSOP Asia Pacific Main Event last week.  read more

Convicted poker payment processor sues lawyer

In the lawsuit, Chad Elie claimed his attorney gave him "wrong advice regarding poker processing" while hiding critical documents.  read more

Did You Know
Did You Know?
Maryland Live! Casino generated the top slot revenue in the mid-Atlantic gaming market for March 2013 with $44,613,545.
Featured Game
The Winnings of Oz
Winnings of Oz is a five-reel, 25-payling video slot based L. Frank Baum's classic book The Wonderful Wizard of Oz. With two bonus rounds, including a Yellow Brick Road, it's a game that's sure to please fans of the story.

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Top-10 brick-and-mortar and online gambling partnerships
  1. Caesars/888
  2. The Atlantic Club/PokerStars
  3. MGM/Boyd/bwin.party
  4. Wynn Resorts
  5. The Bicycle Casino
  6. Churchill Downs
  7. Foxwoods/GameAccount
  8. Zynga/bwin.party
  9. Station Casinos/Ultimate Poker
  10. Mohegan Sun/Amaya