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February 3, 2014

Casino City Times Weekly Newsletter
February 3, 2014

Latest From Our Strategy Experts

arrowJohn Grochowski: Splitting 10s in blackjack

Splitting 10s in blackjack
Gaming guru John Grochowski explains why splitting 10s is never the correct move in a standard blackjack game in which the dealer hits soft 17.  read more
 

Featured Story

Harrah's Philadelphia under scrutiny after track closes

By Howard Stutz
The casino could face closure by Pennsylvania gaming regulators after its adjoining harness racing track was shut down by state authorities. Under state law, a racetrack casino is required to maintain a "written live racing agreement with a horsemen's organization" as a condition of the gaming licenses.  read more		Harrah's Philadelphia under scrutiny after track closes
 

CASINO News

CASINO

Wynn Resorts finishes 2013 strong

The casino company's fourth-quarter earnings increased by 18 percent to $1.51 billion from the same quarter last year. In Macau, Wynn's revenue jumped 24.6 percent to $1.11 billion.  read more

Casino City Gang: Betting the Super Bowl edition

The Gang discusses the variety of Super Bowl prop bets out there and makes some predictions for the big game. They also talk about where to find the best casino games in Las Vegas and the casino scene in Philadelphia, where a new downtown casino is drawing interest.  read more

Fantasy Sports Trade Association meets in Las Vegas

Attorney Marc Zwillinger cautioned the Fantasy Sports Trade Association that operators need to focus on their skill-based nature, especially with a recent push to expand the federal Wire Act and make it apply to fantasy sports.  read more

Baccarat helps drive Nevada gaming revenue

State gaming revenues in 2013 topped $11 billion, thanks to $1.6 billion in revenue from baccarat. The increase of 16.2 percent from 2012 set a single-year record for the game.  read more

Orlando, Dallas never had a chance for National Finals Rodeo

After six weeks of back-and-forth rhetoric, a new 10-year agreement was announced Jan. 24 to keep the NFR in Las Vegas through 2024.  read more

Las Vegas Sands' figures top Nevada, Atlantic City combined

Buoyed by a 28 percent increase in revenue from its Macau subsidiary during the fourth quarter, the casino operator grew profits by 32.8 percent companywide for the three-month period ended Dec. 31.  read more

Caesars employees approve contract with Culinary union

The five-year agreement covers wages and benefits for many nongaming positions at the company's Strip resorts, including food and beverage workers, guest room attendants, bell department, porters and others.  read more

Global Cash Access names Ram Chary CEO

Chary replaces David Lopez, who resigned as CEO to "pursue a new career opportunity," the Las Vegas-based cash management company said.  read more

The Cromwell latest name for former Barbary Coast

Caesars announced a third name in less than a year for the Strip casino that originally was opened as the Barbary Coast.  read more

SLOTS News

SLOTS

Pala player wins $160,000

Waheed A. won the massive sum playing a Double Diamond Deluxe slot machine.  read more

Multimedia Games reports profit in quarter ending Dec. 31

The Austin, Texas-based slots provider saw its total revenues increase by 34 percent to $59.2 million compared to the same quarter a year ago.  read more

The Reel Life: Wanted criminal edition

A wanted criminal in Pennsylvania taunted the local police on Facebook, who promptly used the site to track down the man and arrest him.  read more

POKER News

POKER

Tweets of the Week: Working on your game

Jay Farber has been messing around at cash games lately, but his strategy of not looking at his cards until the turn could prove to be beneficial to his future success.  read more

Did You Know
Did You Know?
In 2013, an estimated 33.6 million players participated in basketball, football, baseball and hockey fantasy leagues. The business generates more than $3.3 billion in spending on products, services and fees.
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Football Fans
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Casino City fans wanted
Please join us on Facebook by becoming a Casino City fan! It's a great way to meet fellow gamblers and learn more about what’s going on in gambling and at Casino City. In addition, we'll be developing and rolling out some neat Facebook applications in the coming months.

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Top-10 Sochi prop bets
  1. Sarah Hendrickson (USA) to win Women's Ski Jump
  2. Lanny Barnes (USA) to win Women's 15km Individual Biathlon
  3. Shani Davis (USA) to win Men's 1000m Speed Skating
  4. Norway to win Men's Curling gold
  5. Jason Brown (USA) to win Men's Figure Skating Overall gold
  6. USA to win Men's Hockey Group A
  7. Emil Hegle Svendsen to win 20km Men's Biathlon
  8. Russia over 10.5 gold medals
  9. USA to win most medals
  10. Germany to win most gold medals