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June 9, 2014

Casino City Times Weekly Newsletter
June 9, 2014

Latest From Our Strategy Experts

arrowJohn Grochowski: Playing games you like

Playing games you like
Gaming guru John Grochowski asks a few players why they enjoy some casino games and not others. He finds that most play for fun, and what's fun for one can be a crashing bore for another.  read more

Featured Story

Bally Technologies to buy social gaming company for $100 million

Slot machine giant Bally Technologies said Thursday it would pay up to $100 million to acquire Dragonplay, an Israel-based social gaming business. Bally's move into social gaming follows similar successful efforts by IGT and Caesars.  read more
Bally Technologies to buy social gaming company for $100 million



Maryland looks to cash in on casino expansion

Howard Stutz provides an in-depth look at Maryland's burgeoning casino market, including a new Caesars property in Baltimore, an MGM complex at National Harbor and the early success of Maryland Live!.  read more

Penn National sees trouble on the horizon

The Hollywood Casino at Charles Town Races in West Virginia is feeling the pinch from neighboring Maryland's gaming expansion, even though Maryland's two newest casinos have yet to open.  read more

Caesars fires back after bondholders file notice of default

The company, which controls 10 Strip resorts and carries a gaming industry-high $23 billion in long-term debt, called the claims "baseless."  read more

Court reverses $6.6 million award in Palms lawsuit

The Nevada Supreme Court has reversed a Clark County judge's decision to award $6.6 million to a man who suffered a knee injury during a Monday Night Football event at the Palms.  read more

Gambling and the Law: Culture clash

Gambling law expert I. Nelson Rose explores the cultural differences and barriers between operating a casino in the U.S. and in China.  read more

Widely respected gaming attorney Bob Faiss dies at 79

Faiss, whose 40-year career could serve as a documentary on the history of Nevada gaming law and the expansion of the casino industry, died late Wednesday at Boulder City Hospital after a long battle with cancer.  read more

SLS Las Vegas joins independently operated Hilton chain

The mixed-use property, which is owned by CEO of SBE Entertainment Sam Nazarian and has more than 1,600 guest rooms and suites, is expected to be completed by fall of 2014.  read more

Spanish bingo hits North Las Vegas casino

The Lucky Club is billing itself as "Las Vegas' first and only" casino with bingo in Spanish, or "Bingo Loteria."  read more



Draft Web poker bill circulating on Capitol Hill

A draft bill that would regulate Internet poker in the U.S. is being floated on Capitol Hill, but Nevada Sen. Dean Heller (R-Nev.) said there is no sign that it will move in any direction.  read more

Las Vegas resident Dimmig wins 'Millionaire Maker' at WSOP

Jonathan Dimmig won the $1,500 buy-in World Series of Poker Millionaire Maker no-limit Hold'em tournament, taking home $1.3 million.  read more



Gamblit Gaming wins preliminary OK

The gaming equipment manufacturer, which combines traditional slot machines with entertainment-style video games, received preliminary approval from state gaming regulators to operate in Nevada.  read more

The Reel Life: Car chase edition

In Utah, a 14-year-old male stole his grandfather's car and eventually was chased by police through the streets. So the kid did what any brilliant young chap would do -- he decided to drive through a town park, at full speed, to evade the cops.  read more

Did You Know
Did You Know?
Econsult Solutions projects that if Pennsylvania legalized and taxed online poker at 20 percent and online slots at 60 percent, it could bring in $68 million in direct tax revenues the first year and $113 million in following years.
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Wild Water
Wild Water is a five-reel, 20-payline slot that showcases the surfing lifestyle.

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