That’s a wrap! The regular season is in the books and the VGK are once again PACIFIC DIVISION CHAMPIONS! Eddie & Chris wrap up the regular season and hand out a couple of awards.
That’s a wrap! The regular season is in the books and the VGK are once again PACIFIC DIVISION CHAMPIONS! Eddie & Chris wrap up the regular season and hand out a couple of awards.
Never able to resist the sight of an open mike, Bally’s Corp. Chairman Soo Kim has been doing interviews Down Under, on the subject of his acquisition (at a rock-bottom price) of troubled Star Entertainment. The results were even more dismaying than one feared. Kim’s message to Australia about Star: “Everything you knew is over.” Kim told the Sydney Morning Herald that “the company’s luxury casinos will need to lose some of the glitz and glamour as they start life over from scratch.” That’s right. He’s going to reinvent the company’s three state-of-the-art casinos as—Guess what?—grind joints.
Continue reading Bally’s Race to the Bottom
Anthony and Andrew go live for BEER FRIDAY.
Today’s S&G is written with a heavy heart, as we have little good news to impart. At least there was a mixed signal from New Jersey. Gamblers went to Atlantic City less … but played online more. Terrestrial casinos were down 3.5% to $231 million, whilst iGaming was up 23.5% to $244 million, outgrossing Atlantic City for the second straight month, as the Garden City casino industry consumes its own tail. Mind you, traditional casinos got left out of much of the iGaming action, dominated as it was by DraftKings (25%) and FanDuel (21.5%) with BetMGM (22%) sandwiched in between. Good news for Bally’s Corp.: It garnered 2.5% of the action, giving them something to crow about at the impending earnings call, still TBA.
Continue reading Gloom, Doom & Atlantic City
Las Vegas just lost a lot of class. Elaine Wynn died yesterday and, with her, a golden age in Sin City. She tempered then-husband Steve Wynn‘s worst impulses (albeit not enough of them) as the ministering angel of Wynn Resorts and its precursor, Mirage Resorts. We feel unqualified to write Ms. Wynn’s obituary but will hasten to note that the tributes have come flowing in from far and wide, including from competing casino companies, which is quite unusual. (Try to imagine Frank & Lorenzo Fertitta penning a verbal bouquet to Tilman Fertitta. You can’t.) Ms. Wynn consistently strove to make Las Vegas a better place and we thank her for that. We’d love to be remembered so fondly when we shuffle off this mortal coil … but we’re no Elaine Wynn.
Continue reading A Class Act; Atlantic City Mailbox
I was canvassing a casino looking for slot machines in favorable conditions. From 15 feet away I saw a Wolf Run Eclipse for $15 per pull. The numbers on the meters were high enough according to my guru, but not high enough according to most other sources. This is a good situation for me because most other pros would let the machine be. You can bet there were other slot pros circulating the casino. It’s a fact of life in most casinos these days.
There was a guy I’d never seen before sitting there with exactly $100 in credits. He didn’t have a player’s card inserted. He wasn’t playing the machine, but rather was talking flirtatiously to a young woman seated nearby.
I tried to read the situation. Had he been dressed like a homeless person I would have concluded that he was trying to “sell” the machine to anyone who asked about it. After all, homeless people don’t play for $15 a hand generally. But he was clean-shaven and dressed nicely. He didn’t look homeless.
The fact that he had exactly $100 in credits indicated to me he had just put in a hundred-dollar bill and hadn’t started to play yet. I didn’t know what to make of the fact that he didn’t have a player’s card inserted. There are a number of possible explanations for that.
For a $15 game, $100 in credits wasn’t much ammunition. I might put in $500 or more before I hit the button the first time. It’s easier for me to keep track of how much money I’ve played if I put in $500 increments. I need this information so I can calculate wins and losses. But not everybody loads a machine before they start to play. Some players put in one bill at a time and only put in another bill when the credits get below the value of one hand.
I didn’t see anybody else hovering around waiting for him to leave. Which was good. Either this “opportunity” hadn’t been noticed by other pros yet, or the ones who had noticed didn’t think it was a good opportunity.
I went to check some nearby machines and returned in five minutes. Nothing had changed. He still had $100 in credits and was enjoying talking to the lady. I left to check some other machines, returning in another five minutes, and, again, nothing had changed.
Right or wrong, I decided to politely ask him if he was planning on playing that machine. I figured that possibly my asking him might be an impetus for him to take the lady for dinner or drinks or something. Or if he wanted to sell it to me, perhaps by suggesting I put in all the money and we split the winnings, I could deal with that. As I’ve written earlier, when that happens, I have no problem reporting him to a slot attendant. Usually, the slot attendant will tell him to either play the machine or get off of it. The fact that he had no players card in could indicate that he wasn’t planning on playing the machine anyway. My goal was to get the machine if it was going to become available soon — but not being rude about it.
My hoped-for scenarios didn’t happen. He told me, also politely, that he was still planning on playing and the machine next to him was vacant. (Yes it was, but there was nothing playable on it.) I thanked him and moved on,
Twenty minutes later, I circled back, and the machine was vacant. I checked it and one of the minor meter (the one that was most attractive this time) was at reset — meaning that this guy, or somebody else, had played the game until it was no longer positive. Oh well, he found it first. I’ll find another game.
I’ve shared this story with a few of my pro friends. Some would have done the same. Some would have sat down at a nearby machine and just waited until the situation resolved itself. Some would have just walked on and never said a word to the guy. With this diversity of opinions, I’ve concluded that there is not a unique “correct” way to handle the situation — and my way was within acceptable limits.
What do you think?
After a pretty bad February, casino performances rebounded slightly in March, at least sufficiently to probably salvage the quarter. The headline item was Illinois, where grosses seemed to pogo-spring 12%. However, on closer inspection (i.e., a same-store basis) they were just 1% higher. In other words, everybody except the newcomers was treading water.
Continue reading A Mild March Thaw
It’s our third jackpot show and this week Anthony and Andrew talk about how a viewer got $60k on a $5.25 bet!
There is less than a week to go in the regular season and the VGK are one win away from clinching the Pacific Division and home ice in the first round. Eddie & Chris look back at the week that was and preview the last 4 games of the regular season.
I’ve mentioned previously that Bonnie and I play at the Eldorado in Reno. Although we could drive, it’s easier to fly. One time, when we landed at the Reno airport, we took a shuttle to a casino I’ll call the Alamo rather than taking another shuttle to the Eldorado.
A little more than a month before this incident happened, I played for the first time at the Alamo. My goal was to get mailers at both the Alamo and the Eldorado. If we’re going through the expense of flying, it makes sense to have two or more stops once we get there rather than one.
Because of this play at the Alamo, I got a mailer with some free play and $100 worth of food. It wasn’t enough free play to justify a separate flight to Reno, but as a brief stop on the way the Eldorado, it was well worth the time it took. It’s possible my future mailers would be larger at the Alamo if I skipped picking up this first offer, but I didn’t figure that out until later.
While the benefits of playing at the Eldorado are sufficient to keep us going back, and the high-end restaurants there are excellent, the midday meal options there leave a lot to be desired. So, we decided to use the entire $100 food comp from the Alamo. We’d eat what we wanted and take the rest “to go.” We carried three bags of food with us when we left.
From the Alamo, we took a Lyft to the Eldorado. We could have taken the Alamo shuttle back to the airport and from there caught the shuttle to the Eldorado. Given the uncertainty of the shuttle schedules, this could have easily taken an hour or more. A $15 dollar, 15-minute Lyft ride seemed to be a good investment. On this particular trip, we brought along one suitcase, one backpack, and a walker. I don’t absolutely “need” the walker, but I tire more easily than I did when I was younger and I’m often glad I have it.
We went to the Gold Room at the Eldorado, which is what they call their VIP check-in area. Since the door to the Gold Room is heavy and we had our hands full with luggage, I went in alone while Bonnie waited outside “guarding” our stuff. After checking in, I returned. We gathered up our stuff and went to our room.
After a nap, I went down to the casino and played several hours. When I returned to the room after midnight, I discovered my backpack was not in the room. My laptop was in the backpack. The backpack is entirely black and apparently just didn’t see it when we were gathering up our stuff. With the three bags of food, it seemed like we had our normal amount of luggage. I was exhausted and decided to wait until morning to deal with the problem. If the lost and found had the backpack now, they would have it in the morning. We had left it behind 10 or so hours before and there was no chance it was still where we left it. I didn’t sleep well. While I have my computer backed up, it’s a hassle and I wasn’t looking forward to it.
At 8:30 in the morning, I called the operator and asked to be put through to lost and found. The operator refused. She told me to go to the Caesars.com website and fill out a form. I didn’t want to do that. I played the “hapless senior citizen” card. “I’m 78 years old and not good with computers. Please let me speak to a real person.” The operator refused so I continued, “There is medicine in the backpack and it’s important I know whether it’s lost or not.” While this was an exaggeration, it wasn’t too far off the mark. I have a daily pill regimen, and pills for two days were in the backpack, but skipping these for a few days would not be a disaster. Still, I sensed that emphasizing the medicine might be my best bet to talk to a human. Eventually, the operator relented and transferred me to a security guard in charge of lost and found.
They indeed had the backpack, including the laptop and everything else, and I was greatly relieved.
There are more and more similar incidents as I age. In the past few years, I’ve misplaced cell phones, keys, driver license, glasses, and departed a few slot machines without taking my TITO ticket with me. I’ve inadvertently left the garage door open when I drove away. Sometimes I’m fortunate and get my possessions back. Sometimes I don’t. While I occasionally lost things when I was younger, it’s happening more frequently as I age.
Bonnie, who is a few years older than me, loses things too. Probably more than I do. We each do our best to help the other, and we’re both glad we have each other to deal with these things, but sometimes it seems like it’s a case of the blind leading the blind.
While I’m still very glad I’m alive, there are more and more of these aggravating situations we need to deal with — at a time when we are less capable of dealing with them than we used to be. Someone suggested that this doesn’t seem fair, but to that a wiser man than me asked, “Compared to what?”