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December 26, 2011

Casino City Times Weekly Newsletter
December 26, 2011

Latest From Our Strategy Experts

arrowJohn Grochowski: A shuffle through the gaming mailbag

A shuffle through the gaming mailbag
Grochowski says free spin slot games are on the rise. They're among the most popular, most-played games in the casino, especially on penny denominations. The reason for their rise is that they put more volatility into the games than pick'em style bonuses.  read more
 

Featured Story

U.S. DOJ reverses course, says intrastate online gambling is legal

By Vin Narayanan
The Department of Justice gave American online gamblers a Christmas present Friday when it said individual states had the authority to license and regulate non-sports related intrastate online gambling. For years, the DOJ had maintained the Wire Act prohibited all forms of online gambling. But in a letter written to Sen. Harry Reid (right) and Sen. Jon Kyl, the DOJ announced it was adjusting its position.  read more		U.S. DOJ reverses course, says intrastate online gambling is legal
 

POKER News

POKER

DOJ: Wire Act only applies to sportsbetting

The U.S. Department of Justice on Friday revealed that it has changed its long-held position and found that the federal Wire Act of 1961 only applies to sports betting.  read more

A former Internet poker player sees a way back into the game

Casino City's Aaron Todd was pleasantly surprised when he saw that the Department of Justice released an advisory memo admitting that the UIGEA does in fact give states the right to regulate intrastate online gambling.  read more

PPA applauds DOJ's stance on Wire Act

The Poker Players Alliance applauded the statement by the Department of Justice that the Wire Act applies only to sports betting.  read more

AGA praises DOJ's Wire Act clarification

The American Gaming Association says there is now an "urgent need" for federal online poker legislation.  read more

Absolute Poker co-founder pleads guilty

Brent Beckley pled guilty Tuesday to one count of bank fraud and wire fraud and one count of conspiracy to engage in unlawful Internet gambling.  read more

Casino City Gang: 2011 coming to a close

The Gang discusses the co-founder of Absolute Poker facing the music, PokerStars offering a turbo poker tournament, another major payout on a three-card poker hand in Atlantic City and makes its NFL picks.  read more

Nevada adopts rules for online poker licenses

The Nevada Gaming Commission has adopted rules that would let companies apply for licenses to operate poker websites in the state.  read more

Klodnicki wins Epic Poker League Main Event

Philadelphia resident Chris Klodnicki captured the third Epic Poker League Main Event last Sunday night at the Palms, taking home $801,680.  read more

SLOTS News

SLOTS

Analysts see promise in IGT

Gambling analysts expect International Game Technology's prospects to improve in 2012 due to better game content and new U.S. slot demand.  read more

The Reel Life

The Reel Life has received many packages in the mail and while we don't remember the specific contents of each one, we're sure we never opened a box and found a dead rat staring at us.  read more

CASINO News

CASINO

Gold Coast celebrates 25th anniversary in Vegas

The Gold Coast was part of the first wave of locals casinos in Las Vegas and 25 years later the property has developed a strong Asian customer base, has two Chinese restaurants and an annual Chinese New Year celebration.  read more

Las Vegas hotels luring tourists for New Year's

Last year over 300,000 people flocked to Las Vegas to celebrate New Year's, creating a non-gaming economic impact of $189.6 million.  read more

Wynn steps up casino lobbying in Massachusetts

Steve Wynn sent a letter to approximately 8,000 registered voters in Foxborough, Mass. to try to garner support for a casino-resort.  read more

Did You Know
Did You Know?
2010 WSOP Main Event Champion Jonathan Duhamel was the victim of a home invasion on Wednesday and a number of items were stolen, including his championship bracelet.
Featured Game
Hexagon Roulette
Roulette is a fun game that novice and seasoned gamblers can enjoy. William Hill Vegas put an interesting twist on the casino staple with its Hexagon Roulette game.

> More Hexagon Roulette Details
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Casino City fans wanted
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Top-10 gaming industry stories of 2011
  1. DOJ's Wire Act reversal
  2. Full Tilt meltdown
  3. N.J. sports betting
  4. Black Friday
  5. Resorts World opens in NYC
  6. Europe gains foothold in Nevada
  7. Mass. gambling legislation
  8. Land-based/online partnerships
  9. Sahara shuts down
  10. Epic Poker League launches