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August 31, 2015

Casino City Times Weekly Newsletter
August 31, 2015

Latest From Our Strategy Experts

arrowAl Krigman: Why gamblers get testy when they lose

Why gamblers get testy when they lose
Gaming guru Al Krigman explains why gamblers become hostile and aggressive when things don't go their way, even though they presumably enter the casino "never taking more than I can afford to lose."  read more
 

Featured Story

Paddy Power, Betfair to merge

The online sportsbook giants have reportedly agreed to a £5 billion deal that would give Paddy Power shareholders equity control of the new firm, but would also put current Betfair CEO Breon Corcoran in charge.  read more
Paddy Power, Betfair to merge
 

SPORTSBOOK News

SPORTSBOOK

Federal court rules against NJ sports betting

The Third Circuit Court of Appeals denied New Jersey's bid to legalize sports betting, ruling that the state's efforts violate the Professional and Amateur Sports Protection Act of 1992.  read more

CASINO News

CASINO

Nevada gaming revenue falls less than 1%

The state's casinos collected $922.8 million from gamblers in July, including $524.9 million on the Strip.  read more

Gulf Coast gaming rebuilds after Hurricane Katrina

At the Global Gaming Expo in Las Vegas a few weeks after the storm, then-American Gaming Association CEO Frank Fahrenkopf Jr. called Hurricane Katrina the single biggest disaster ever to hit the casino industry.  read more

Gulf Coast casino workers call area's recovery 'amazing'

A decade after Hurricane Katrina wiped out southern Mississippi, several Biloxi casino employees are still there, helping to rebuild the now-flourishing market.  read more

Gaming industry's commitment to New Orleans never wavered

Boomtown Casino in Harvey, a roughly 20-minute drive southeast of the French Quarter, reopened in the aftermath of Katrina to give storm-weary residents needed entertainment and to serve thousands of meals to those helping to put New Orleans back together.  read more

Massachusetts grants environmental permit to Wynn Resorts

The approval by the state is a critical step in Wynn's plans to move forward with its Boston-area casino.  read more

Caesars receives favorable ruling from federal judge

A New York federal judge denied a legal request by Caesars Entertainment bondholders that could have sent the entire casino company into bankruptcy.  read more

Foxwoods announces September entertainment calendar

The Connecticut resort-casino will host comedian Gabriel Iglesias, Motown legend Diana Ross and Muay Thai figthing next month.  read more

POKER News

POKER

Neymar, Gerard Pique compete in EPT Barcelona

The football stars joined more than 1,500 other players in the €25,000 buy-in High Roller European Poker Tour event, which German pro Martin Finger won for €865,900.  read more

Seminole Casino Coconut Creek to host Coco Poker Open

The 11-day event kicks off Thursday, Sept. 24 and will feature a $1 million guaranteed event and a $250,000 guaranteed event.  read more

PCA 2016 will be 'biggest PokerStars festival ever'

The PokerStars Caribbean Adventure, held at Atlantis at Paradise Island Resort and Casino in the Bahamas in January, will have 104 events, including a $5,300 buy-in Main Event.  read more

SLOTS News

SLOTS

The Reel Life: Modern hobo edition

A young German student was fed up with the high cost of rent, so she decided to buy a monthly rail pass and live on a train. At least she has more money to play slots!  read more

Did You Know
Did You Know?
Betfair CEO Breon Corcoran, who will take over as chief executive after Betfair reportedly merges with Paddy Power, also happens to be the former chief operating officer at Paddy Power.
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