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October 6, 2014

Casino City Times Weekly Newsletter
October 6, 2014

Latest From Our Strategy Experts

arrowFrank Scoblete: The do and don't of roulette

The do and don't of roulette
Gaming guru Frank Scoblete has a laundry list of experiences at the roulette tables. He provides a detailed of list of what to do and not do when you're playing.  read more

Featured Story

Adelson reiterates opposition to online gaming

In a full-throated beat-down, Sheldon Adelson enumerated all the reasons why he opposes the legalization of Internet gaming during a keynote session at the Global Gaming Expo (G2E) in Las Vegas. Adelson has invested millions to fund anti-Internet gaming coalitions and hire lobbyists to oversee a federal and state-by-state fight in opposition to the activity.  read more
Adelson reiterates opposition to online gaming



Fantasy, mobile driving sports betting

The interest in sports wagering is growing and handle at Nevada's legal sports books is increasing as mobile gaming and fantasy sports become more popular.  read more

Casino City Gang: "Grandpa Simpson" edition

Casino City's Vin Narayanan joins Aaron Todd and Dan Podheiser from Las Vegas to discuss the latest news from G2E, including Sheldon Adelson's rant against online gaming. They also discuss the sale of Revel in Atlantic City for $110 million and "Spin and Go" tournaments at PokerStars.  read more

Wynn's thoughts on Internet gaming: "Not much"

Steve Wynn doesn't see the profit in Internet gaming in the U.S. currently and worries that a public relations crisis surrounding the activity would "invite additional regulation or oversight for land-based gambling." He then added that he "shares Sheldon Adelson's conviction" against online gaming.  read more

MGM Chairman eyes fantasy sports, soccer sponsorship

Jim Murren said he was considering an investment into fantasy sports leagues because of their growing popularity, and said MGM might also provide the branding sponsorship for a professional soccer franchise.  read more

Sebelius: Gambling equals big bucks

The "Get to Know Gaming" campaign is designed to get politicians to see the massive economic impact of the gambling economy.  read more

Stutz: Gaming revenue distinguishes commercial, Indian casinos

Analysts say it's hard to compare the commercial casino industry — defined as Las Vegas-style resorts, racetrack facilities and riverboats — with their tribal gaming counterparts because Indian gaming numbers are not transparent.  read more

Haze at Aria to shut down

MGM acknowledged this week that it will close the club, which gained a reputation as a safe haven for pimps and prostitutes, at the end of the month.  read more



Slots still seen as attractive part of casino mix

The slot machine manufacturing industry believes it is still relevant in a casino world in which revenue from nongaming elements has increased its overall influence.  read more

Global Cash Access CEO says Multimedia Games deal a class apart

Ram Chary said his company's $1.2 billion acquisition of slot machine manufacturer Multimedia Games was "about combining two complementary businesses and bringing them together to provide more services to our clients."  read more

The Reel Life: Cafe latte edition

In Florida, insurance fraud investigators say a woman created fake medical and car wash bills after claiming she spilled coffee on herself. She apparently has never seen Seinfeld.  read more



Fedor Holz wins WCOOP for $1.3 million

The 21-year-old from Vienna, known as "CrownUpGuy," topped a field of 2,142 players in the $5,200 buy-in World Championship of Online Poker Main Event.  read more

Did You Know
Did You Know?
Las Vegas Sands Chairman and anti-online gaming proponent Sheldon Adelson fell one spot to 12th overall in the latest Forbes list, which ranks the wealthiest people in America.
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