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April 27, 2015

Casino City Times Weekly Newsletter
April 27, 2015

Latest From Our Strategy Experts

arrowFrank Scoblete: Predicting Mayweather vs. Pacquiao

Predicting Mayweather vs. Pacquiao
Gaming guru Frank Scoblete provides a few words of wisdom on this weekend's Floyd Mayweather-Manny Pacquiao fight in Las Vegas.  read more
 

Featured Story

Federal judge declares FBI ruse violated gambler's privacy rights

By Jeff German
A federal judge ruled that FBI agents violated wealthy Malaysian businessman Paul Phua's privacy rights when they entered his Caesars Palace villa posing as repairmen to secretly gather evidence before conducting a raid on an alleged international illegal sports betting ring.  read more		Federal judge declares FBI ruse violated gambler's privacy rights
 

CASINO News

CASINO

Elaine Wynn fails to retain board seat

Steve Wynn's ex-wife lost an uphill battle to retain a seat on the Wynn Resorts board of directors, but she says her efforts to stay on the board served their purpose.  read more

Mayweather-Pacquiao tickets sell out in less than two minutes

What few tickets that were made available for public sale for the May 2 Floyd Mayweather Jr.-Manny Pacquiao megafight at the MGM Grand Garden sold out in less than two minutes Thursday.  read more

Mobster's death seen as good reason to lift Nevada casino ban

State gaming regulators voted unanimously last week to remove deceased slot machine cheat Eugene Bulgarino from Nevada's "Black Book."  read more

Clark County court jurisdiction at issue in Sands China lawsuit

A Las Vegas judge began hearing testimony last week to help her determine whether she has jurisdiction over Sands China in a breach of contract case filed by Steven Jacobs, the former president of Sands Macau.  read more

Gaming regulators OK sale of Gold Strike to Herbst family

The Nevada Gaming Commission has approved the sale of the 300-room Gold Strike to the Herbst family in a deal the new owners are calling more of a real-estate play than a gaming opportunity.  read more

Revenues, profits down for Las Vegas Sands

The casino operator's first-quarter revenue fell 24.9 percent to $3.01 billion compared to $4.01 billion in the first quarter of 2014.  read more

Attorney Joe Brown resigns from Nevada Gaming Commission

Brown, known for his gentlemanly demeanor, resigned from the five-member Nevada Gaming Commission for personal reasons.  read more

Two casino companies report improved first-quarter results

Pinnacle Entertainment saw revenue increase 7.5 percent for the first quarter, while Penn National grew net income from $4.5 million in the first quarter last year to $11 million in the first quarter of 2015.  read more

Roberts takes roundabout route to becoming gaming attorney

Utah native Jennifer Roberts reveals how she became a powerful gaming attorney and UNLV law professor in a Q&A with the Las Vegas Review-Journal.  read more

POKER News

POKER

WPT500 returns to the Aria

The $565 buy-in July tournament will feature 10 starting flights and a $2 million guaranteed prize pool.  read more

SLOTS News

SLOTS

The Reel Life: Save the ketchup edition

An 8-year-old boy was disappointed with Michelle Obama's stance against ketchup consumption in schools, so he decided to write to the First Lady. As it turns out, the boy has a wide range of views on other topics, too.  read more

Did You Know
Did You Know?
The Daily Show host Jon Stewart called New Jersey Gov. Chris Christie a "narc" for taking a stance against legalized marijuana while lobbying hard for the legalization of online gaming in his state.
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Top-10 bets for a great American sports Saturday
  1. Pacquiao to win in Round 2
  2. Carpe Diem to win Kentucky Derby
  3. NFL Draft Mr. Irrelevant: Defense
  4. Spurs-Clippers goes to Game 7
  5. Pacquiao by KO, TKO or DQ
  6. Ocho Ocho Ocho comes in 8th
  7. Lomachenko over Rodriguez
  8. Jimenez over Hart
  9. Carpe Diem-American Pharaoh-Frosted trifecta
  10. Pacquiao over Mayweather