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October 5, 2015

Casino City Times Weekly Newsletter
October 5, 2015

Latest From Our Strategy Experts

arrowFrank Scoblete: The dangers of pressing bets

The dangers of pressing bets
Frank gets loads of e-mail from people asking when they should press their bets. But with the exception of a few advantage players, his advice is always "just don't do it."  read more
 

Featured Story

iGaming seminars at G2E provide reason for optimism

The Global Gaming Expo (G2E) in Las Vegas featured multiple seminars, including a handful of iGaming discussions in which speakers were bullish about the future of the industry. (Pictured: American Gaming Association President Geoff Freeman delivering the State of Gaming Address.)  read more
iGaming seminars at G2E provide reason for optimism
 

LAS VEGAS LIFE News

LAS VEGAS LIFE

Four indicted in Bellagio craps scam

In a con job spanning nearly two years, two dealers colluded with two players to pay wins on bets that were never placed.  read more

Haze of hypocrisy hangs in smoky casino air

John L. Smith argues that Nevada casinos' reluctance to ban smoking is inconsistent with their investments in nonsmoking casinos elsewhere.  read more

Downtown Grand's new motto: 'We Want Gamblers'

The street address is not the issue challenging the two-year-old property, which often appears empty compared to its competition along downtown's main pedestrian drag.  read more

Gaming revenue down on Strip for third month in a row

While some areas of Clark County reported increased revenues, Strip casinos have suffered as a result of the decline in high-end baccarat play.  read more

Nevada tourism campaign to reprise 'Don't Fence Me In'

The Killers' cover of the cowboy song takes pride of place in the new campaign, which will focus on Nevada experiences rather than attractions.  read more

POKER News

POKER

PokerStars to enter regulated New Jersey market

The New Jersey Division of Gaming Enforcement authorized Amaya Gaming to operate both PokerStars and Full Tilt brands in the state, allowing the world's largest poker site to re-enter the U.S. market for the first time since Black Friday.  read more

November Nine profile: Max Steinberg comes back to the felt

After spending most of his time over the last 18 months focusing on daily fantasy sports, Steinberg finds himself among the final nine players at the World Series of Poker's Main Event.  read more

ESPN WSOP Main Event Recap: Episodes VII, VIII

Fedor Holz, Daniel Negreanu and Neil Blumenfield dominated the late Day 5 TV coverage of the 2015 WSOP Main Event.  read more

SLOTS News

SLOTS

$1.2 million jackpot hit

The life-changing jackpot was hit on a $1 Wheel of Fortune Pink Diamond slot at Four Winds New Buffalo. Wheel of Fortune has minted nearly 1,000 millionaires and delivered over $3 billion in jackpots over the last 20 years.  read more

Mega Moolah jackpot surpasses 13 million

The progressive slot game's largest jackpot currently sits at €/$/£13.1 million having not yet been hit despite a large influx of players.  read more

The Reel Life: Epic trolling edition

We're not sure who decided it would be a good idea to invite comedian Jon Hendren on HLN to talk about Edward Snowden signing up for Twitter last week, but you've got to admire his dedication to turning the conversation toward Edward Scissorhands.  read more

Aristocrat signs deal with Caesars Entertainment

Caesars properties will lease 200 games housed in Aristocrat's Arc Double and Behemoth cabinets, including the new Britney Spears slot game.  read more

Scientific Games to develop 'The Simpsons'-themed slot

The gaming manufacturer is working closely with Twentieth Century Fox Consumer Products to develop the game, which will be hosted on its new Gamescape cabinet.  read more

CASINO News

CASINO

Las Vegas Sands abandons Florida casino plans

The Las Vegas-based company has now started looking into the possibility of building a casino in Georgia, where lawmakers are in discussions about expanding gambling.  read more

New Caesars CEO 'shocked' at lack of innovation

CEO Mark Frissora says casino operators have "underpenetrated" a tech-savvy, young customer base accustomed to mobile and social gaming.  read more

SugarHouse Casino adding 500 new full-time jobs

The Philadelphia casino, which has repeatedly been voted a "best place to work" in the region, is hiring as it nears the completion of a $164 million expansion.  read more

DAILY FANTASY SPORTS News

DAILY FANTASY SPORTS

DFS debates dominate Day 2 of G2E

Daily fantasy sports took center stage at the Global Gaming Expo in Las Vegas with operators going head-to-head in discussions about regulation and legality.  read more

Lack of transparency has negative impact on DFS experience

While most online poker sites make the results of their tournaments public, DraftKings and FanDuel provide no mechanism for people who didn't play in an event to find the results to a specific tournament.  read more

DraftKings signs marketing deal with NFL Players Association

The group licensing partnership would allow NFL players to participate in DraftKings marketing efforts during the NFL season.  read more

Dan's DFS picks for NFL Week 4

One week after cashing in the DraftKings Millionaire Maker, Dan Podheiser came back to Earth with a roster full of average performances in Week 4.  read more

RACEBOOK News

RACEBOOK

Churchill Downs completes acquisition of minority stake in Saratoga Harness Racing

Churchill Downs Incorporated has acquired a 25 percent membership interest in Saratoga Casino Holdings for approximately $24.8 million.  read more

ENTERTAINMENT News

ENTERTAINMENT

Pala Casino to host Halloween dance party and costume contest

The free dance party, featuring Siren's Crush in the Infinity Showroom, will award $4,000 in prizes to the guests with the best costumes.  read more

Did You Know
Did You Know?
Gaming revenue in Nevada fell 1.4% in August to $908.2 million, with revenue from Las Vegas Strip casinos falling 4.7% to $527.4 million.
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