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June 8, 2015

Casino City Times Weekly Newsletter
June 8, 2015

Latest From Our Strategy Experts

arrowFrank Scoblete: The best trend betting system ever

The best trend betting system ever
Gaming guru Frank Scoblete explains why "Scobe's Best Trend Bettor Bets," or SBTBB, can work for players. He also offers the caveat that his system, like all trend betting, provides no mathematical edge.  read more

Featured Story

WSOP officials investigate cheating allegations

The alleged incident took place during the $10,000 Heads-Up No-limit Hold'em Championship that ended last week. Valeriu Coca of Moldova, who collected $54,545 for his fifth-place finish, was accused of cheating by multiple players in the tournament on the TwoPlusTwo poker forum.  read more
WSOP officials investigate cheating allegations



Cord Garcia wins WSOP Colossus, $638,880

The 25-year-old, Houston-based poker pro bested a record field that included 22,374 entries and 14,284 unique players on the way to his first WSOP bracelet.  read more

Last amateur standing ends WSOP Colossus run in ninth

In a tournament designed for amateurs, Anthony Blanda, a 52-year-old Home Depot employee, was the last recreational player to bust.  read more

Longtime friends make the most of the WSOP Colossus

When Mike Elbilia decided to come to the World Series of Poker, he was hoping to watch his friend Juan Endara make a deep run in the $565 Colossus event. Little did he know he'd be making a deep run of his own.  read more

Byrnes graduates from WSOP Circuit to Colossus

Bill Byrnes is an attorney, not a professional poker player. But you'd hardly know it by looking at his career tournament results, including his 11th-place finish in the World Series of Poker's Colossus.  read more



Stutz: Amaya poised for NASDAQ listing

Amaya CEO David Baazov told Canada's Globe and Mail that the NASDAQ listing "will provide greater visibility and better liquidity for our stock and help broaden our shareholder base."  read more

Gov. Sandoval signs bills that could boost sports handle Nevada

The new law allows investors to join business entities and share the profits and losses from large wagers at Nevada sports books.  read more

Billionaire backs Graham's presidential bid

Even though the legislation Sen. Lindsey Graham supports would outlaw part of Ronald Perelman's business, the chairman of Scientific Games has voiced his support of Graham's foreign policy views.  read more

Wynn Resorts shares rise despite 'Macau malaise'

The company's stock bounced back after dropping below $100 a share last week for the first time since Dec. 2010 after Macau reported its 12th straight monthly gaming revenue dip.  read more

Graney: NFL cancels fantasy football convention in Las Vegas

Las Vegas Review-Journal columnist Ed Graney calls out the NFL for its hypocritical anti-gambling stance, as the league contintues to profit from fantasy football.  read more

Caesars stock hits 52-week low

The current bankruptcy litigation could derail its restructuring process and force the whole company into bankruptcy protection.  read more

Illegal bookmaking target Paul Phua has left the country

Phua left the U.S. just five hours after a federal judge dismissed conspiracy and illegal gambling charges against him.  read more

SLS Las Vegas valets work to end Teamsters protests

Reports from the valets are split on whether the majority of the valets favor the union, and the workers have drafted a petition in an attempt to force a vote.  read more



Casinos, allies blitz IRS on proposed rule change

Seventeen congressmen representing legalized gambling states made a pitch in a letter to the IRS last week to keep the current threshold for reporting gambling winnings at $1,200, rather than the proposed $600 threshold.  read more

The Reel Life: Smokey, meaty jackpot edition

The Hoosier Lottery in Indiana has debuted a new bacon-scented lottery game that offers players the chance to win a 20-year supply of bacon. The only question the Reel Life has is, how long does it take to drive to Indiana?  read more

Did You Know
Did You Know?
Amaya, which purchased PokerStars and Full Tilt for $4.9 billion last year, was approved last week to begin trading on the NASDAQ Stock Market. The company expects its shares to begin trading under the AYA ticker symbol on June 8.
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Piggy Riches
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