[No, Anthony Curtis is just fine, thank you. I went with the clickbait headline to go with the lede.] “Ken Uston’s lawsuit that forbade Atlantic City from barring skilled players ruined playing conditions there.” I’ve tried before to extinguish this fallacy, and I don’t hear it much anymore (today’s BJA counters don’t even known who Ken Uston was). But near extinction of the argument then incentivizes some online wise guy to sound uber-insightful by blurting it out again. So, yes, someone pissed in my morning coffee, and I will continue my fool’s quest.
Continue reading Colin Jones (S2 E7): KU Killed ACFact-Check: Munchkin’s Claim that Asian Female ==> +$1 Million
Last time, we discussed the value of being female for an AP. Since female skill will tend to be underestimated by predominantly male casino bosses, females can be ringers at the game. Unfortunately for the female AP, that benefit is tempered by the increased visibility and memorability that they’ll have. But Munchkin’s statement was that being an “Asian female” would be worth an extra $1 million for an AP’s career. So let’s look at Asian-ness in the gambling world.
Continue reading Fact-Check: Munchkin’s Claim that Asian Female ==> +$1 MillionStrip sizzles, locals thriftier; Penn’s pride and joy
While tourists were more open-handed than ever, cash flow among Las Vegas locals may be drying up, as win/day fell 11% from September. By contrast, the same metric from the Las Vegas Strip was +6%. Further tipping the scales against locals-oriented casinos was the fact that Oct. 31 fell on a Sunday, meaning that two days of weekend slot revenue will be sloughed into November, per ancient Nevada accounting quirk. No need for crying towels: Locals still shed 3% more than in 2019. Slot win was up 2% on 11% more coin-in. That paled in comparison to the Strip, though, up a whopping 30%. Strip slot revenue of $368 million rose 21% on 26% more coin-in (and lower hold) while non-baccarat table win was 26% higher on 49% greater wagering. But the number that gladdened casino executives’ hearts the most was the amazing, 63% rise in baccarat win ($91 million)—even before international players have returned in earnest—despite 13% less wagering. Overall, Strip casinos won $702 million.
Continue reading Strip sizzles, locals thriftier; Penn’s pride and joyWhat’s Wrong with Jacks or Better?
In terms of number of hands played, or number of dollars played, 9/6 Jacks or Better has been the video poker game I’ve played most in my career. Not so much recently, but certainly over my entire career.
The major things I like about the game are:
Continue reading What’s Wrong with Jacks or Better?The Infield Fly Rule and 6:5 Even Money
Sports aficionados take great delight in explaining the esoteric rules of their favorite sport, so much so that those rules are no longer esoteric. Sunday couch potatoes know the difference between “the call stands” and “the call is confirmed.” Olympic hockey fans know why T.J. Oshie became the Russian nemesis. And those who watch regular-season baseball games know about the Infield Fly Rule, probably the most famous “esoteric” rule in sports.
Continue reading The Infield Fly Rule and 6:5 Even MoneyColin Jones (S2 E6): The Woman at the Card Table
Nowhere in The 21st-Century Card Counter did I see the percentage of BJA members that are women, but I’m quite curious. I suspect the figure is quite low, as it is even in some other fields that do not involve a meaningful physical component—such as chess or computer science. I remember scanning the auditorium for the first lecture of CS51 (CS150 in those days), and seeing maybe three women out of 100-200 students.
Continue reading Colin Jones (S2 E6): The Woman at the Card TableSeminoles to feds: “F*** off”; Strip casinos drive down employment
In a big “up yours” to the federal judiciary, the Seminole Tribe—after momentarily pausing—has resumed taking sports bets and is effectively daring the courts to do something about it. If that weren’t nervy enough, the Seminoles have asked Judge Dabney Friedrich for a stay of her own order shutting down the new compact with the state of Florida. Tribal government has some strange ideas about how to make friends and influence people. We don’t think Judge Friedrich is going to be amused by this one-finger salute from the Seminoles and it makes any plea for clemency that much more implausible. By showing themselves to be bad actors, how do the Seminoles argue before the court that they deserve a reprieve while the judge’s ruling is appealed, a process that is expected to take six months and is not expected to be successful? It all comes down to buying time for more sports betting, period, but Chairman Marcellus W. Osceola has a funny way of going about it.
Continue reading Seminoles to feds: “F*** off”; Strip casinos drive down employmentA Trip to New Orleans
This year, Caesars Entertainment merged with Eldorado. I have Seven Stars status at Caesars and haven’t played at any Eldorado property for several years.
Because of the pandemic, I played not at all at Caesars in 2020. My Seven Stars status was extended to January 1, 2022, and any Seven Stars unused benefits that would usually expire in 2020 could be used in 2021. This was very generous of Caesars/Eldorado.
Continue reading A Trip to New OrleansSeminole compact nixed: Biden, DeSantis, Seminoles all lose
Floridians, we hope you enjoyed sports betting for all of the three weeks in which it was legal in the Sunshine State. Why? Because last night a federal judge struck down the Seminole Tribe‘s new compact with Gov. Ron DeSantis (R). Basically, Interior Secretary Deb Haaland screwed up and approved a compact that violates the terms of the Indian Gaming Regulatory Act. (Still unresolved is the state constitutionality of the compact, which is dubious at best.) District Court Judge Dabney Friedrich threw out the Biden administration’s daffy interpretation that gambling in cyberspace is happening on “tribal lands” so long as that’s where the servers are located, a line of reasoning the court dismissed as “fiction.”
Wrote Friedrich, “over a dozen provisions in IGRA regulate gaming on ‘Indian lands,’ and none regulate gaming in another location. Indeed, if there were any doubt on the issue, the Supreme Court has emphasized that ‘[e]verything—literally everything—in IGRA affords tools … to regulate gaming on Indian lands, and nowhere else.’” Chastising Haaland, the judge continued, “The Secretary must reject compacts that violate IGRA’s terms.” As gaming law expert Daniel Wallach said, “The avalanche of legal authority was on the side of invalidating online sports betting. She recognized the obvious—that a customer located in Jacksonville or Key West or Pensacola is not on Indian land when they initiate the wager.” He added that “the state of Florida and the Seminole Tribe were operating in a state of delusion.” (You can place tribal sports bets in Michigan, Arizona and Connecticut … but only if you’re on Native American land at the time.)
Continue reading Seminole compact nixed: Biden, DeSantis, Seminoles all loseChicago reveals all; Rumblings from Macao; Riot in Vegas
The City of Chicago unveiled the applications for its casino license late Friday, effectively burying it at the end of a news cycle, in another triumph for Mayor Lori Lightfoot (D) and her administration. The five submissions “are in line with our vision to develop a world-class experience in Chicago that will drive significant economic growth and employment opportunities for our communities,” said Lightfoot. The pitches break down alphabetically as follows:
Bally’s Corp. #1: To be sited at the Chicago Tribune Publishing Center, “an economic sleeping giant,” this $1.8 billion, two-phase project would include 100 hotel suites, 20,000 square feet of expo space, three restaurants—curated by Paul Kahan and Erick Williams—and rooftop “green space.” The casino would feature 95 table games and 2,700 slots. A “Best of Chicago” theme is planned. In a dig at its rivals, Bally’s wrote, “As our flagship property, Bally’s Chicago has no conflicting interest in the Chicago market. We don’t operate, own or partially own casino properties located elsewhere within the Chicagoland market. Simply put, Bally’s is conflict-free.” Even so, the company noted that it is already licensed in the Prairie State. Bally’s predicts a 20% ROI on the project (and if it doesn’t reach it, won’t build Phase II), which will have 25% Black and Latino ownership. This plan really needs to pencil out economically, as most of the amenities are in the second stage.