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January 26, 2015

Casino City Times Weekly Newsletter
January 26, 2015

Latest From Our Strategy Experts

arrowFrank Scoblete: 5-Count wagering

5-Count wagering
Gaming guru Frank Scoblete helps one reader adjust his strategy when implementing Scoblete's 5-Count method at the craps table. According to Scoblete, it's best to stick with the Come bet.  read more
 

Featured Story

Adelson takes over Sands China operations

Las Vegas Sands Chairman Sheldon Adelson will take over as CEO of the company's Macau subsidiary following the retirement of the division's chairman. The move comes as Macau is in the midst of its worst gaming slump on record.  read more
Adelson takes over Sands China operations
 

CASINO News

CASINO

Analysts expect Strip rebound to continue

Non-gaming spending by customers continues to outpace casino revenue, and analysts believe this will help aid the Strip's financial rebound in 2015 and beyond.  read more

Vegas gaming companies may face bigger tax bite in Macau

A Chinese government official is hinting at a potential gaming tax increase ahead of license renewals for Macau's casino operators.  read more

Wynn's pay will now include 'performance-based equity'

Steve Wynn is taking a 37.5 percent pay cut in base salary at Wynn Resorts, but his total compensation is being adjusted to include performance-based equity.  read more

Caesars restructuring will be 'drawn out' process

The efforts by Caesars to restructure its gaming industry-high debt will be a "drawn out" process, a Wall Street ratings service warned investors last week.  read more

Boyd selects hotel executive, local attorney for board

Loews Hotels & Resorts CEO Paul Whetsell and Bailey Kennedy Managing Partner John Bailey have joined Boyd Gaming's board of directors.  read more

Scientific Games gets $2.5 million for Monopoly game show

The Governor's Office of Economic Development board approved $2.5 million in incentives for Scientific Games to defray costs of building a 40,000-square-foot sound stage for a set for "Monopoly Millionaires Club."  read more

Top executive for $4 billion Resorts World development departs

Christian Goode, who oversaw the Americas Division for Malaysia-based Genting Berhad, was to oversee both development and operations of the planned Strip hotel-casino.  read more

Takeover of Stardust an easy call for Bill Boyd

In 1983, Boyd worried that 2,000 workers would lose their jobs if Boyd Gaming didn't step in after state gaming regulators filed an emergency order of closure against the failing Strip hotel-casino.  read more

POKER News

POKER

Casino City Gang: Looking at poker differently

The Gang discusses an online poker cheater headed to jail, a new Bitcoin poker site that won't hold your currency, Faraz Jaka's "homeless" lifestyle and the possibility of Revel in Atlantic City becoming a water park.  read more

PokerStars VIP Club Live to travel the globe in 2015

The site is holding parties, including sporting events and Team PokerStars-hosted activities, in Amsterdam, Bulgaria, Athens and Brazil this year.  read more

SLOTS News

SLOTS

Analysts split on impact of mergers

Some analysts, like Steven Wieczynski, believe the multi-billion dollar mergers in the gaming manufacturing industry will have minimal impact, as casino operators are still expected to judiciously deploy slot capital.  read more

The Reel Life: Take yourself to jail edition

A Toledo man led police on a car chase Wednesday night, only to drive himself right into the parking lot of the Toledo Correctional Institution. That's right -- he drove himself right to jail.  read more

Did You Know
Did You Know?
This spring, New Jersey will introduce a new credit card processing code for payments made to online casinos in the state, an effort to decrease the alarming rate of failed credit card deposits many believe is holding back the market from growth.
Featured Game
South Park: Reel Chaos
Butters goes from mild-mannered pushover to his evil alter ego, Professor Chaos, in South Park: Reel Chaos at Tropezia Palace.

> More South Park: Reel Chaos Details
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