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October 7, 2013

Casino City Times Weekly Newsletter
October 7, 2013

Latest From Our Strategy Experts

arrowJohn Grochowski: James Bond and that special 17

James Bond and that special 17
John Grochowski explains why roulette players betting on one number more frequently than others would not present a danger to the casino.  read more
 

Featured Story

New Jersey online gambling will go live Nov. 26

A required, five-day "soft play" period will begin Nov. 21, in which licensed Internet gaming permit holders will invite players to test their systems in a "live" environment.  read more
New Jersey online gambling will go live Nov. 26
 

CASINO News

CASINO

Macau gaming revenues increase 21 percent

Macau casinos collected $3.6 billion during September, and the total could have been higher if not for the disruption in travel caused by Typhoon Usagi at the end of the month.  read more

Baccarat drives Nevada gaming revenue to 11 percent increase

Nevada recorded its fourth-highest baccarat revenue total ever during August and the highest percentage increase since June 1999, fueling double-digit gaming revenue totals statewide and along the Strip.  read more

Wynn to make case for Philadelphia license in January hearing

Wynn Resorts, one of six companies applying for Philadelphia's second casino license, plans to build a 150,000-square-foot resort on the waterfront.  read more

MGM Resorts seeks new loans to refinance CityCenter debt

CityCenter has $1.8 billion of debt, including $1.14 billion in bonds that expire in 2016 and $708 million of obligations that come due in 2017.  read more

Casino City Gang: Cheaters never win edition

The Gang discusses alleged cheating incidents from some high-profile gamblers, the idea of a poker shot clock and the $10 million poker room PokerStars plans to build in Atlantic City.  read more

$100 million makeover of Downtown Grand to open Nov. 12

The downtown Las Vegas resort property once known as the Lady Luck will reopen next month, and is in the process of hiring 800 employees.  read more

Cantor denies report that Amaitis is being investigated

Former Cantor Gaming VP Michael Colbert pled guilty to knowingly accepting illegal wagers, but no allegations have been made against CEO Lee Amaitis.  read more

Daniel Lee in as Palms CEO

Lee, the former chairman and CEO of Pinnacle Entertainment, replaces Joseph Magliarditi, who had been in the position since June 2011.  read more

NEWave has found successful niche in gaming industry

The Las Vegas-based software developer's products allow its 270 casino clients nationwide to automate documents and archive them electronically.  read more

Global Gaming Expo shows growth

G2E attracted more than 27,000 attendees and 460 exhibitors covering more than 286,000 square feet of exhibit space.  read more

POKER News

POKER

"Runner Runner" could have been a parody

The first feature film centered on the online gambling industry, written by Rounders scribes Brian Koppelman and David Levien, was a complete flop.  read more

Tweets of the Week: Let's go to the movies

The poker world braced itself for Runner Runner, which opened in theaters Friday.  read more

SLOTS News

SLOTS

The Reel Life: Space beer edition

A Delaware brewery has created a beer infused with real lunar meteorites. It's supposedly out-of-this-world delicious.  read more

Did You Know
Did You Know?
The Garden City Group has sent more than 1.4 million e-mails notifying American Full Tilt Poker players that they may be eligible to make a claim for their balances. The GCG has received more than 23,500 petitions through their online filing system.
Featured Game
A Night in Paris
Follow along with Jacques as he tries to evade the security guard and steal from the art museum in A Night in Paris at 7Red.

> More A Night in Paris Details
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