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July 22, 2013
Casino City Times Weekly Newsletter
July 22, 2013 Latest From Our Strategy Experts | | For people who don't play slot machines, the people that do are complete mysteries. Here, gaming expert Frank Scoblete tries to shed some light on the motivations of slot players and explain why they enjoy the game.
read more | | Featured StoryBy Howard Stutz In what is being described as a "friendly merger," slot machine manufacturer Bally Technologies is paying $1.3 billion to acquire SHFL entertainment (formerly Shuffle Master), whose portfolio of table games other gaming devices will expand Bally's offerings and fill in some gaps.
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 | The agreement between the Hyatt and MGM Resorts loyalty programs is not the first for the casino industry, but it is certainly the largest.
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William Hill opened its newly renovated sportsbook at the Edgewater Hotel and Casino last week. The race and sports book features 64 television screens, including three 80-inch displays.
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Nearly 25 percent of all voters participated in the election, with 57.6 percent voting in favor of the casino. Massachusetts is only granting one casino license for the western part of the state.
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UPI is reporting Sands could delay development of the planned $22 billion resort complex in Spain unless the government lifts a ban on smoking inside casinos.
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Pinnacle has said it hopes to close the acquisition, which would double the size of the company to 17 casinos and racetracks, by August.
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Las Vegas based Pinnacle Entertainment announced plans last week to raise up to $800 million in new debt to help the company complete its buyout of regional gaming rival Ameristar Casinos.
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The California Gambling Control Commission on July 11 upheld a judge's ruling describing Robert Saucier as unsuitable to do business in California.
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Ho said his two companies would spend $630 million to buy a 51 percent stake in a business building two casino resorts in the Primorye Region near China's border.
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Richard Parisi, a senior investment professional with Connecticut-based hedge fund Silver Point Capital, replaces Don Kornstein as chairman.
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 | Fresh off the plane from Las Vegas, Casino City Editor-in-chief Vin Narayanan joins Aaron Todd to discuss the World Series of Poker Main Event, the latest online poker bill introduced in the House of Representatives and big moves by Bally Technologies.
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Despite repeated failed attempts over the past several Congressional sessions, Rep. Joe Barton (R-Texas) and the Poker Players Alliance (PPA) believe that now is the time to regulate Internet poker at the federal level.
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States moving to establish online gaming after the Justice Department's reinterpretation of the 1961 Wire Act are not positioned to detect and combat fraud, money laundering and other crimes associated with organized crime, and terrorist groups in some cases, law enforcement officials said.
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 | The Reel Life understands that the old adage is actually "If at first you don't succeed, try, try again." But when you're talking about trying to crack a safe stolen from a church in a police officer's back yard, you're better off giving up when you fail the first time.
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Did You Know?
The slots-only Resorts World Casino in New York City generates about $2.2 million a day in revenue, according to the Philadelphia Inquirer. That makes it the most profitable slot parlor in the U.S.
Featured Game If you've heard about the newest "Open Faced Chinese Poker" craze that's hit the high-stakes poker world but are hesitant to try a game that includes complicated scoring rules like royalties and "Fantasyland," head to Bodog Casino and try your hand at the classic casino table game Pai Gow Poker. > More Pai Gow Poker DetailsCasino City fans wantedPlease 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. > Become a fan Top-10 observations of Ultimate Poker play - Limited options, but quick cashout
- No loyalty program yet
- Funky tournament structure
- Outstanding value in depositor's freeroll
- Only Hold'em games at this point
- No frills
- Still a few glitches that need ironing out
- Game play is a little slow
- Location verification close to instant
- Making a deposit was easy
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Frank Scoblete: 