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December 8, 2014

Casino City Times Weekly Newsletter
December 8, 2014

Latest From Our Strategy Experts

arrowFrank Scoblete: You don't have to play the pass line

You don't have to play the pass line
Gaming guru Frank Scoblete explains that you don't have to play the pass line or the don't pass bets in craps, but he refutes one reader's theory that there can be an edge gained by avoiding such bets.  read more

Featured Story

Casino City Gang: Read the fine print edition

Casino City's Vin Narayanan and Dan Podheiser discuss a class-action suit against FanDuel in Florida, which claims the site misled users with its "Double your Deposit" promotion. They also talk about new proposed online poker legislation in California, as well as Uber's decision to pull out of Nevada.  read more
Casino City Gang: Read the fine print edition



Social gaming factors in Ultimate's demise

In addition to Nevada's inability to support a vibrant Internet poker market, the growing acceptance of social gaming also played into the decision by Station Casinos to pull the plug on Ultimate Poker last month.  read more

Macau facing first-ever annual gaming revenue dip

The Macau casino industry recorded its sixth straight gaming revenue drop in November, the longest downward stretch in more than five years.  read more

Sebelius: Die, Dotty's, die!

It was unmistakably the intent of an ordinance approved last week by a commission majority to make it more difficult for the Dott''s neighborhood gambling bars to continue to do business.  read more

Global Cash Access edges closer to buyout of Multimedia Games

The Gaming Control Board unanimously recommended approval of the deal following a hearing in Carson City. The Nevada Gaming Commission will rule on the matter on Dec. 18.  read more

Blackstone gets preliminary nod to acquire Cosmopolitan

The Gaming Control Board recommended that Blackstone Group be licensed to acquire the four-year-old Strip hotel-casino, which has never turned an annual profit.  read more

Regulators recommend Nazarian for one-year limited license

Sam Nazarian, 39, was recommended for a one-year, limited license by the Gaming Control Board following a more than 3-and-a-half-hour public hearing.  read more

MGM-AEG arena to offer booking flexibility, open in April 2016

The 20,000-seat arena, packed with amenities such as luxury seating and suite options, would also like to host regional games for the NCAA basketball tournament.  read more

Many come to bury Caesars, not to praise the casino company

The nation's largest casino operator is under attack from all fronts as it struggles to restructure its gaming industry-high debt load of $22.8 billion.  read more



Isaacs can thank Perelman for his exodus

Scientific Games Chairman Ronald Perelman bought out Gavin Isaacs' noncompete clause from when he left Bally. Now, Isaacs is Scientific Games CEO.  read more

County delays vote on changes to slot-machine regulations

Clark County commissioners put off a vote on the regulation for 24 hours so that various amendments introduced just before the hearing could be incorporated into a final version.  read more

The Reel Life: Emergency Santa edition

In Wisconsin, two brothers, ages 3 and 6, thought the best way to get in touch with the North Pole was to dial what is probably the only phone number they know -- 911.  read more



Paddy Power announces Irish Open schedule

The series will take place in the DoubleTree Hotel in Dublin over five days from April 2-9, 2015.  read more

Did You Know
Did You Know?
World Series of Poker Main Event runner-up and Norwegian poker pro Felix Stephensen may soon have to pay 50.4 percent ($2.5 million) of his $5.14 million prize in taxes to the Norwegian State.
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Ned and his Friends
Ned and his Friends is a five-reel, 30-payline video slot featuring Ned, his girlfriend and their five singing mice.

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