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July 29, 2013

Casino City Times Weekly Newsletter
July 29, 2013

Latest From Our Strategy Experts

arrowJohn Robison: Stopping the spin doesn't improve results

Stopping the spin doesn't improve results
Slot expert John Robison explains why stopping the spin is going to generate the same results as letting the spin play out on slot machines.  read more

Featured Story

Could Cuba be the next Macau?

On the heels of a recent visit to Cuba, gambling law professor I. Nelson Rose argues that Cuba should take a page from Macau's playbook and become a casino haven for tourists -- especially if they're allowed to tap into a wealthy Florida market.  read more
Could Cuba be the next Macau?



Casino City Gang: Shenanigans edition

Casino City's Vin Narayanan and Aaron Todd discuss shenanigans in the Boston casino licensing process, poker loyalty programs and whether Ultimate Poker got it right and $800,000 of unclaimed money in Ohio casinos.  read more

Casinos bullish on Detroit gaming despite bankruptcy

According the city's bankruptcy filing, the $11 million Detroit received each month from its thee casinos represents about 30 percent of its cash on hand. The Detroit casino market produced $1.42 billion in gaming revenues in 2012 and employs almost 8,000 workers.  read more

Gaming Commission OKs Penn National's plan to split into two

The concept would separate 19 of the company's 29 casinos and racetracks, including the M Resort, into a real estate investment trust, often referred to as a REIT.  read more

Gaming Commission approves plans for Caesars spinoff

Caesars Entertainment is spinning off Planet Hollywood, its interactive gaming business and a planned Baltimore casino into a separate company. Caesars will retain majority ownership.  read more

Pinnacle sells Louisiana casino project to Golden Nugget

The transaction satisfies a portion of a settlement reached with the Federal Trade Commission to avoid any antitrust issues in the Las Vegas-based company's $2.8 billion buyout of Ameristar Casinos.  read more

Las Vegas Sands CEO Sheldon Adelson blisters Strip competitors

Adelson provided a few off-the-cuff choice comments directed toward the casino operator's chief competition on the Strip that he blamed for the market not increasing fast enough.  read more

Marketers have seen the future and believe it is digital

Much of Strip resorts' communication with guests happens through social media.  read more

Penn links weak earnings to weather, less interest in gambling

Penn National Gaming's east-west region, which includes M Resort, had the largest decline of any of the company's reporting divisions with revenues down 9.1 percent to $317.1 million.  read more



Convicted slot cheat enters Black Book

The Nevada Gaming Commission Thursday unanimously placed Roderick William Dee II on to the list, which makes it a felony for that person to enter a Nevada casino.  read more

Social gaming products help boost IGT profits, revenues

Companywide revenues rose 8.7 percent to $579 million.  read more

The Reel Life: Detroit or bust edition

Sometimes, bad ideas turn into good ones when eight beers are involved -- like swimming from Windsor, Canada, to Detroit. One Canadian man found this out the hard way. We just hope his mother starts talking to him again.  read more



Titan Poker will send players to upcoming PokerFest 2013 event

Winning players at Titan Poker's weekly Super Satellite tournaments will represent the poker room in September at the PokerFest tournament in Mamaia, Romania.  read more

Did You Know
Did You Know?
A New Jersey judge ruled last week that the Borgata's cocktail waitresses -- known as the "Borgata Babes" -- can be fired for gaining too much weight. -- NBC 10 (Philadelphia)
Featured Game
Caribbean Stud
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Casino City fans wanted
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