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March 25, 2013

Casino City Times Weekly Newsletter
March 25, 2013

Latest From Our Strategy Experts

arrowJohn Grochowski: Buying the number can be a good play

Buying the number can be a good play
Gaming expert John Grochowski explores the math behind buying the number in craps and shows why it could be a good play in the right situation.  read more

Featured Story

New Jersey OKs fantasy sports tournaments in casinos

In February, a U.S. District Court blocked New Jersey's efforts to offer sports betting. The state is appealing the ruling. But in the meantime, it has decided to allow fantasy sports wagering at its Atlantic City casinos. Casinos can begin offering fantasy sports products on April 22. Casinos can charge an entry fee and pay winnings at the casino cage, but the activity is not considered gambling.  read more
New Jersey OKs fantasy sports tournaments in casinos



Sports-betting kiosks draw scrutiny

The Nevada Resort Association says betting kiosks are a "de facto sports book" and shouldn't be allowed in restricted gaming areas like taverns and bars -- which do allow tabletop slot machines.  read more

Las Vegas casinos told to stamp out illegal activities

The Nevada Gaming Control Board and the Las Vegas police issued a stern warning last week reminding casino operators they are responsible for any criminal conduct in their venues, even if a nightclub, ultra lounge or day club is operated by a third-party vendor.  read more

Casino City Gang: Is this just fantasy edition

Casino City's Vin Narayanan and Aaron Todd discuss New Jersey's move to allow real-money fantasy sports wagering at Atlantic City casinos, Genting's plans for a huge new casino on the Las Vegas Strip and the new Omaha games being offered by PokerStars.  read more

SLS, Resorts World bring new energy to Strip's north end

For the first time since the Rat Pack era, the north end of the Las Vegas strip is hopping. SBE Entertainment is turning the Sahara into the sleek, Hollywood-style 1,620-room SLS Lav Vegas and Genting has taken over the site that used to house the Stardust and is building an Asian-themed Resorts World casino.  read more

Caesars taps luxury hotel operator to remodel Bill's Gamblin' Hall

The Gansevoort Hotel Group, which operates boutique hotels in New York City and the Turks and Caicos, is helping Caesars renovate the now-closed Bill's Gamblin' Hall, which was a haven for budget-conscious travelers to the Las Vegas Strip.  read more

$100 million Hakkasan to open at MGM Grand

The 10,000 square-foot nightclub, which replaces Studio 54 at the front of the casino, will have five different levels, including a modern Cantonese restaurant that will open in May.  read more

Caesars preparing to open its third casino in Ohio

The 57,000-square-foot casino is part of the Thistledown Racetrack, which is about 10 miles southeast of Cleveland. The casino will house 1,150 slot machine-like video lottery terminals, but there will be no table games.  read more



NASCAR and Pawn Stars slots to headline National Indian Gaming Association Tradeshow

Bally Technologies will showcase its NASCAR and Pawn Stars slots, award-winning systems and iGaming solutions this week at the annual conference in Phoenix.  read more

WMS investors will vote on proposed buyout on May 11

Scientific Games agreed in January to pay $26 a share for all outstanding shares of WMS and assume $85 million in debt.  read more

The Reel Life: Mission Impossible edition

When the Reel Life saw Tom Cruise's drop-through-the ceiling scene in Mission Impossible, we also noticed the measures the gang went through to make sure the room was unoccupied. Paul Masters of Kentucky apparently did not.  read more



888 gets Nevada online poker license

After 888 Holdings spent almost two hours earlier this month making its case to the Nevada Gaming Control Board, the commission needed less than an hour Thursday to unanimously approve 888 for an interactive gaming license.  read more

Poker for the Homeless fundraiser returns

Paddy Power is sponsoring the event at The Jackpot Club in Dublin, and all proceeds are being donated to the Capuchin Day Centre.  read more

Did You Know
Did You Know?
The only winning ticket in Saturday's $338.3 million Powerball drawing was sold in Passaic, New Jersey.
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