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February 23, 2015

Casino City Times Weekly Newsletter
February 23, 2015

Latest From Our Strategy Experts

arrowFrank Scoblete: Casino maximums and card craps

Casino maximums and card craps
Gaming guru Frank Scoblete explains that there is no national standard that makes casinos pay out a certain percentage of revenues to players, then gives his advice on card craps, which, odds wise, is the same game as craps with dice.  read more

Featured Story

How legalized U.S. sports betting could affect Nevada

Despite the recent momentum towards expanding legal sports betting beyond the state of Nevada, the existence of the Professional and Amateur Sports Protection (PASPA) makes all discussions moot, for now.  read more
How legalized U.S. sports betting could affect Nevada



PokerStars gaining allies for push into U.S.

Three California tribes embraced legislation this month that would allow PokerStars into the state's online poker market, and last week, Caesars joined the rallying cry to let PokerStars gain entry into the U.S.  read more

Seals With Clubs suffers security breach, shuts down

Seals With Clubs, the most popular Bitcoin-based online poker room, announced Friday morning that it is suspending operations and encouraged players to withdraw their existing balances as soon as possible.  read more



Lynch unlikely to reverse DOJ stance

Attorney General candidate Loretta Lynch has signaled it is unlikely she would reverse a landmark Department of Justice interpretation of the Wire Act that opened the door to legalized online gaming in the U.S.  read more

Casino City Gang: Crimes, regulations and PokerStars edition

Casino City's Vin Narayanan, Aaron Todd and Dan Podheiser discuss Caesars changing course and joining with PokerStars to lobby for online gaming in the U.S., the strange resolution to a rare "successful" casino heist and bizarre laws and regulations regarding charity poker tournaments.  read more

In historic vote, LVCVA approves purchase of Riviera

The Las Vegas Convention and Visitors Authority board of directors unanimously agreed to spend up to $191 million for the 23-story, 60-year-old Strip hotel and its surrounding amenities.  read more

Once down on its luck, Las Vegas's North Strip is coming back

Casino operators in the north Strip area say development of a permanent, 33-acre, open-air concert venue by MGM will facilitate increased business.  read more

Online lotteries flourished after 2011

A study by found Internet lottery is expanding at a much faster pace than Internet casino gaming.  read more

Executive spent $300,000 on dinner after blackjack run

Bloomberg News reported Wednesday that Vice Media Inc. CEO Shane Smith sprung for the dinner at the Bellagio's Prime Steakhouse following a lucky run at the casino's blackjack tables.  read more

Caesars again rebuffs debt holders' request for payment

Caesars dismissed what they called a "meritless" request from the Wilmington Savings Fund Society for immediate payment of $3.68 billion in principal and $185 million in interest.  read more

MGM plans job fair, hopes to add more than 500 workers

MGM Resorts International will hold a job fair Wednesday at the Mandalay Bay Events Center to hire more than 500 permanent positions at 12 of the company's Strip-area resorts.  read more



The Reel Life: Wrap it in bacon edition

The Reel Life contends that you can wrap anything in bacon and it will be better. When you wrap a deep dish pizza in bacon, it becomes magical.  read more

Did You Know
Did You Know?
Resorts Casino in Atlantic City announced Wednesday that it would become the fifth New Jersey casino to offer regulated online gaming.
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Six Shot Showdown
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