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January 28, 2013

Casino City Times Weekly Newsletter
January 28, 2013

Latest From Our Strategy Experts

arrowJohn Grochowski: Martingale losses can be spectacular

Martingale losses can be spectacular
Gaming expert John Grochowski explains, in great detail, the dangers of the Martingale betting system.  read more

Featured Story

Are fantasy sports websites taking a gamble with their marketing?

The president of the Fantasy Sports Trade Association says he's worried that daily fantasy sports products like Cantor Fantasy and Fan Duel "are marketing themselves like offshore sports books."  read more
Are fantasy sports websites taking a gamble with their marketing?



Report: Las Vegas Sands stops international money transfers for high-end patrons

Las Vegas Sands, which operates casinos in Macau, Singapore and on the Las Vegas Strip, has halted international money transfers for its high-end customers, the Wall Street Journal reported Friday.  read more

Nevada casinos lose a combined $1.21 billion in fiscal 2012

Nevada's casino industry suffered through its fourth straight fiscal year net loss despite 4.4 percent growth in total revenues.  read more

Boyd lays off workers nationwide

The Las Vegas-based casino operator said the number of layoffs represented less than 1 percent of the company's workforce.  read more

Stutz: Skyvue's future on the Las Vegas Strip looks cloudy

Skyvue so far is nothing more than a pair of 247-foot-tall, unfinished pillars and a concrete foundation.  read more

Opening day nearing for Nobu Hotel at Caesars Palace

Resort officials began showing off portions of the $30 million Nobu Hotel Caesars Palace on Friday.  read more

Borgata parents could benefit if New Jersey legalizes Net bets

The Internet gambling bill sitting on Gov. Chris Christie's desk could benefit the two Las Vegas gaming companies that own Atlantic City's largest resort.  read more



IGT reports growth in most of core business

IGT said its overall net income was $65.3 million for the period that ended Dec. 31, compared with $49.3 million in the first quarter of 2012.  read more

IGT sets date for meeting where proxy fight will be waged

International Game Technology said Wednesday it would hold the company's annual shareholder meeting March 5 in Las Vegas.  read more

Foxwoods reports decline in December slot revenue

Foxwoods slot revenue in December 2012 was down 9 percent compared to the same month in 2011.  read more

The Reel Life: Spicy chicken edition

The Reel Life doesn't have the stomach for spicy food. Even mild salsa can give us heartburn. But if we did eat spicy food, we wouldn't call the police.  read more



Casino City Gang: Heads-up edition

Vin Narayanan and Aaron Todd discuss the Daniel Negreanu's absence from the NBC Heads Up Poker Championship, debate whether the event is better to attend as a spectator than the WSOP Main Event, and fill out their brackets.  read more

PokerStars announces Latin American Poker Tour Season 6

The LAPT returns with the first event set for Viña del Mar, Chile.  read more

Dover Downs continues with satellites and series events

The Crown Royal Poker Room at Dover Downs Hotel & Casino will hold additional satellites for this year's Pro Poker Championship.  read more

PKR Live returns to London over Easter weekend

The vibrant poker community meets in the U.K.'s first supercasino March 29-31 for the seventh event in the PKR Live series.  read more

Did You Know
Did You Know?
State revenue generated by riverboat casinos in Indiana could decrease by as much as 15 percent by 2015, according to the New York Times.
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