Posted on Leave a comment

Hockey Knights in Vegas Episode 64: Inconsistency and Dark Clouds

Hockey Knights in Vegas: Episode 56

The VGK desperately needed the NHL’s mandatory three-day Christmas break.

Finishing the road trip and embarking on the most difficult short road trip of the season, the VGK’s play was very inconsistent and a previously unseen batch of problems popped up. Mix in the loss of both goaltenders and you have a barely .500 percentage and some troublesome issues that need to be attended to quickly.

With Lindsey off on Christmas vacation, Chris and Eddie dig deep into what’s happening in VGK land and have a little fun at the expense of one of our colleagues in the media.

Posted on 2 Comments

2023 BLACKJACK BALL: THE INSIDE SCOOP – PART 1 BY HENRY TAMBURIN

This post is syndicated by the Las Vegas Advisor for the 888 casino group. Anthony Curtis comments on the 888 article introduced and linked to on this page.

AC Says:

You’ve probably heard of the Blackjack Ball, the annual gathering of many of the world’s top blackjack pros, during which there’s a vote for Blackjack Hall of Fame induction and a skills contest to name the “World’s Greatest Blackjack Player.” There’ve been many articles written about the Ball, but no one covers it like Henry Tamburin. In Part 1 of his summary of the 26th gathering, Henry goes into detail about this year’s HoF nominees, the betting Calcutta that takes place before the skills contest, and the written test that’s part of the competition. It’s a fascinating event that not many get to experience in person, but this account is the next best thing to being there.

This article was written by Henry Tamburin in association with 888Casino.

For the second consecutive year, the 26th Blackjack Ball was held at one of the unique buildings in Las Vegas, the Cleveland Clinic – Lou Ruvo Center for Brain Health. (See photo of its unique and distinct architecture.) The building contains a large ballroom that could easily…

Click to continue reading…

Posted on 1 Comment

Durango: Wall Street raves

Analysts from that curious subculture known as Wall Street descended upon Durango Resort for its opening and liked what they saw. J.P. Morgan‘s Joseph Greff pronounced himself “impressed,” in views that will be synopsized later today in CDC Gaming Reports. He wasn’t alone. Deutsche Bank analyst Carlo Santarelli, like Greff, started with the property’s aesthetics, “right on par with Red Rock, a premier LV locals destination resort.” He observed that foot traffic was steady all day long (although he was there on a Monday) and that Station Casinos expects Durango to be profitable from the get-go. Station execs said they were “pleasantly surprised” by the younger player cohort, with the 25-35 demographic seen in force both on the casino floor and in the restaurants.

Continue reading Durango: Wall Street raves
Posted on 6 Comments

Not a Smart Promotion

Bob Dancer

In Nevada, there are a large number of bars/pubs with restricted gaming licenses that permit them to have up to 15 machines. I haven’t counted these pubs, but I believe there are more than 100 of these in Clark County alone, a large chunk of land in the southern part of the state, which includes the two most populous cities — Las Vegas and Henderson.

In 2022 and 2023, a number of these pubs had a promotion where if you bring in a W-2G from any casino, the pub would give you up to 10% of that, usually up to $500. Although each pub had slightly different rules, if you hit a $4,000 jackpot at South Point, for example, you could take that W-2G to places that would give you $100 in free play today, and tomorrow would give you an additional $300.

You had to bring in the W-2G within 24 or 48 hours, sometimes loosely defined. Some of these pubs limited this to once a week. Some once a day. When they found out how slammed they were getting, some limited the promotion to only jackpots earned in to pubs, which for me was no problem because I played at Dotty’s. Sometimes you could cash the same jackpot at two or more pubs.

I’m not sure what the bar managers were thinking. Perhaps it was some version of, “These players will have $4,000 in their hands, and if we can just get them in the door, perhaps they’ll leave a good part of this here.” That must have happened some of the time, of course, but most of the time this was a losing promotion for the house.

Since I play at Dotty’s where you get rewarded for W-2Gs, I can generate as many jackpots as I like. It’s already a positive play at Dotty’s to play $10 9/6 Jacks or Better where I get a W-2G every 400 hands or so. Extra money for a promotion that was already positive is a good thing. My problem was: How do I milk these promotions? I know they’ll eventually stop the promotion or kick me out, because I’m definitely not the kind of customer they are trying to attract. 

When a bar would let you cash a W-2G once a week, I’d limit myself to once every other week. When a bar would let you cash the W-2Gs once a day, I’d never cash more than two in a week, and then I’d take at least a week off. I’d rotate the times I’d show up to all three shifts, so bartenders didn’t know how often I was cashing these. If the bar had several outlets around town, I’d vary where I’d go to pick up the money. 

Usually, the best game was 6-5 Bonus Poker, a horrendous game worth less than 97%. Whenever I came in, I’d play about an hour at quarters. That meant maybe $1,000 through the machines, which cost me $30 in EV. There were slot clubs and bonuses such as wheel spins for certain 4-of-a-kinds, reducing my expected loss to perhaps $10 — which meant a profit of at least $90 because the casino started me with at least $100.

Sometimes I’d come into each place and play for an hour or so without cashing any W-2G. I wanted my record to show that I was a “regular player,” not one who would just show up to cash a W-2G. 

In the earlier example, when I brought in a $4,000 W-2G and received $100 today and $300 put on my card tomorrow, I downloaded the free play as soon as I could. There was no doubt that eventually I was going to be removed from the promotions, and when that did happen, any unclaimed free play might well be forfeited.

I tipped the bartenders at least $5 or $10 each time. I knew the managers would kick me out eventually, but I didn’t want the bartenders suggesting that I be eliminated.

Eventually all of these promotions ended – at least for me. I’m actually surprised they lasted as long as they did, at as many different places as there were. I guess it was a copycat effect where, “That casino is doing it and seems to be getting more business. Maybe we should too!”

I ended up more than $10,000 ahead over all of these properties. Not a lot, and it required driving around some, but there was basically no downside. Yes, I could lose more than $100 in a specific day collecting the money, but over time it was guaranteed I would come out ahead. 

And when establishments are giving away non-trivial amounts of free money, I’m the kind of guy who takes it. And if I learn about another bar with this promotion, count me in!

Posted on 1 Comment

Atlantic City steady; Polistina waffles

That whining sound you here is Atlantic City casino executives for whom hundreds of millions in revenue is never enough. They’ve been complaining that gambling winnings aren’t what they were at brick-and-mortar casinos before the Covid-19 pandemic … even as online-casino takings hit a record level. These guys wanted Internet casinos, they built them and now they’re put out that it’s impossible to grow online and terrestrial win simultaneously. Hey, consumers only have so much with which to gamble, so maybe Big Gaming should count its money and keep quiet. Nobody’s buying them crying towels.

Continue reading Atlantic City steady; Polistina waffles
Posted on 1 Comment

Et tu, Polistina?; Laff-riot in Lousiana

Take a good look at that guy. Most likely you’ll find him hiding under a table. He’s state Sen. Vincent J. Polistina (D), champion of carcinogens in the New Jersey Lege. If you still find yourself breathing secondhand smoke in Atlantic City casinos, you’ll have Polistina to thank. After paying extensive lip service to a total smoking ban, Polistina finked out at the last minute, refusing to cast a crucial committee vote that would have advanced the fatwa to the floor of the Lege. Bastard.

Continue reading Et tu, Polistina?; Laff-riot in Lousiana
Posted on Leave a comment

Hockey Knights in Vegas Episode 63: The Long Road Home and the Dads

Hockey Knights in Vegas is BACK!

The VGK are grinding their way through the hardest part of their schedule: 10 games in 21 days.

They take trips through the Central time zone and western Canada and back-to-backs with travel, yet two things stay the same: They keep racking up points and leading the Pacific Division, Western Conference, and NHL.

Also, the VGK are nearly impossible to beat when the dads are in attendance.

Lindsey, Chris, and Eddie discuss the long and winding road and the VGK’s success after the (so-called) slump.

Posted on Leave a comment

Fontainebleau opens; Detroit slumps

It’s here … and it’s an eyesore. Fontainebleau Las Vegas opens tonight, after 18 years in the making and untold billions in costs, plus more revolving owners than you could shake a stick at (if you’re into shaking sticks). The cost for Las Vegas‘ newest, fugliest resort is $3.7 billion. We don’t believe it. Resorts World Las Vegas cost $4.3 billion, Aria $4 billion and F-blue is bigger than either of them. Also, costs were running away when Jeffrey Soffer first pulled the plug on F-blue in 2009. Since that time, Carl Icahn stripped it for parts and Lord only knows how much Soffer has simply written off the balance sheet. We wish it every success, so long as we’re not obligated to praise its clunky architecture or accept at face value its preposterous budgetary figure. Enjoy the opening, dear readers, and report back to us if you have any Kate Beckinsale sightings.

Continue reading Fontainebleau opens; Detroit slumps