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February 24, 2014

Casino City Times Weekly Newsletter
February 24, 2014

Latest From Our Strategy Experts

arrowJohn Grochowski: Ten-play video poker

Ten-play video poker
Gaming guru John Grochowski gives some tips on proper strategy for different video poker variants. In some cases, taking short-term risks can lead to better payouts in the long run.  read more
 

Featured Story

Casino City Gang: Three's a crowd edition

By Vin Narayanan, Aaron Todd and Dan Podheiser
Casino City's Vin Narayanan, Aaron Todd and Dan Podheiser discuss South Point's new online poker website in Nevada, poker player Dan Shak's critique of super high roller events, and Indian gaming compacts.  read more		Casino City Gang: Three's a crowd edition
 

CASINO News

CASINO

Online revenue has been a disappointment

Legal online wagering has not been the financial windfall many analysts predicted, as initial returns from the three states that enacted Internet gambling laws are not overflowing the balance sheet.  read more

Purported hackers of Sands websites surface

Someone claiming to be the hacker who knocked the Sands off the Internet for nearly a week has posted an 11-minute video taunting the casino operator and displaying what appears to be stolen internal company information.  read more

Casino dealers at three Strip resorts approve contract

Dealers at Paris Las Vegas, Bally's and Harrah's voted to approve the five-year deal, which retains grievance procedures, seniority rule and paid time off, among other issues.  read more

Regulators approve Hotel Nevada deal

The Nevada Gaming Commission approved Gaughan Gaming's acquisition of a 50 percent ownership position in the Hotel Nevada and Gambling Hall.  read more

MGM chairman pleased with 2013 results

Jim Murren called 2013, in which MGM grew revenues more than 7 percent to $9.8 billion, the "best operating performance since the recession."  read more

Cromwell rooftop pool club to open Memorial Day weekend

The area is located on the 11th floor of the Cromwell and offers panoramic views of the Strip.  read more

William Hill seeking new CEO

The sportsbook is looking to replace Ralph Topping, 62, who is scheduled to retire at the end of 2015 but may step down by the end of 2014.  read more

Former Boyd Gaming executive Chuck Ruthe dies

Ruthe was a Las Vegas business and real estate executive before being convinced by Bill Boyd to work with him in the casino industry.  read more

Singapore casinos produce $6 billion in revenue in 2013

The country's two casinos experienced a 3.8 percent increase in gaming revenues from 2012, but the market still trails both Las Vegas and Macau.  read more

Women describe their days as Nevada gaming leaders

Three powerful women who carved out roles in Nevada's gaming industry as it moved away from gambling halls to megaresorts shared their stories at the Mob Museum last Wednesday.  read more

POKER News

POKER

South Point launches online poker website

RealGaming.com began its soft launch phase this week, joining Ultimate­Poker.com and WSOP.com in offering regulated online poker to players in Nevada.  read more

Bally's Atlantic City to open WSOP-themed poker room

The poker room will offer 42 live-game tables, as well as several tournament tables, and will offer free WiFi for all players, phone charging stations and more than 20 HDTVs positioned throughout the room.  read more

SLOTS News

SLOTS

Vegas slots soon will accept prepaid debit cards

The cards can be tied to a customer's player loyalty card and can be used outside of the casino like a traditional debit card.  read more

Regulators approve $1 million fine against Peppermill owners

The property's owners admitted they allowed an employee to use a common slot machine "reset" key on games operated by competing Northern Nevada casinos to steal proprietary information.  read more

The Reel Life: Peeing in the sink edition

A Pizza Hut employee was caught on camera peeing in the sink in the kitchen of the restaurant. Luckily, no stuffed-crust pizzas were damaged during the incident.  read more

Did You Know
Did You Know?
The Coalition for Consumer and Online Protections released a survey that found three out of four U.S. voters believe states should have the right to legalize online gambling for their own citizens.
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Good Girl, Bad Girl
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Casino City fans wanted
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Top-10 reasons why poker is not like golf
  1. Not enough money
  2. Can't attract sponsors
  3. Shady characters
  4. Not about best vs. best
  5. No uniformity in rules
  6. No singular tour
  7. No players association
  8. Players are selfish
  9. Rankings are arbitrary
  10. Earnings are meaningless