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Atlantic City feels chilly; Old dog, new tricks

Those scenic beaches of storied Atlantic City felt January’s cold winds last month, down 3% to $205 million. Table game play was actually more aggressive, with casinos winning 3% more ($59 million) and 6% bigger volume of wagering. But slots took that back and more, as revenue fell 6% to $143 million and coin-in declined 6% as well. But casinos did 16% better than in 2019. So things could have been a great deal worse.

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“Dreams do come true in Vegas”

Bobby Vegas: Friends Don’t Let Friends Play Triple-Zero Roulette

People come to Vegas often wanting to fulfill a fantasy, such as winning a million, living the high life, or experiencing their favorite celebrity. Well, here’s mine.

Let’s dream big — like hanging out with superstar Bruno Mars in a posh bar and lounge he curated. One that feels like some luxe fantasy-penthouse sunken living room in the round, saturated with some out-of-this-world live and DJ music and then (heck, let’s go for broke) toss in dancing with Janelle Monae and her friends on an intimate carpeted dance floor.

Oh wait. I did that. On a Monday night no less. With a few close friends —
maybe a couple of hundred of them.

This is Vegas, baby! At. Its. Best.

Monday wasn’t just the day after the Super Bowl. It was opening night of Bruno’s ultra-lounge, the Pinky Ring, at Bellagio. And as a major Bruno fan, I had to be there. No matter what.

For those not in the know, “Pinky Ring” is from Mars’ iconic worldwide smash hit “24K Magic” and the now-unforgettable line, “Players, put your pinky rings up to the moon! Girls, what y’all tryna do?”

You can go rock with the Super Bowl champions and Marshmello. Fine with me. This, however, is my fantasy come true and as Bruno declared on Monday, “This is it! And you’re never gonna hear anything like the Hooligans. I’ve traveled all around the world with these guys and they are tight!”

No doubt.

I was shocked and incredibly excited to learn that Bruno Mars was going to bring his own personal style to a venue that’s so special and intimate, it’s hard to believe that the Master of 24K Magic was sitting a mere 30 feet away, while we mortals got down to some fantastic beats blasting out of his killer band.

The super-tight Hooligans run the gamut from jazz-infused funk jams to epic covers, from Curtis Mayfield and Michael Jackson to Motown classics or Cheryl Lynn’s “Got To Be Real.” And man, do they lay down the groove.

The pre-opening Saturday night was a private star-studded event with Janelle Monae singing “Tightrope” in a duet with Bruno, all while Lady Gaga, T Pain, and others rocked along.

Oh, did I mention all his Grammys are on display as you walk in?

Though there’s no guarantee Bruno will sing, he did two numbers on Monday, including Marvin Gaye’s “Let’s Get It on.”

So beat feet to Bellagio and be sure you catch this stellar experience. The Hooligans are playing for two weeks, through Sunday the 25th. Other guests drop in, like Lady Gaga’s bandleader and horn player Brian Newman, sometimes even Bruno.

The Pinky Ring opens at 5 p.m. and closes at 2 a.m., 3 on the weekends. The music starts around 9. Arrive early for the great DJs and dancing, where you’ll find me. Tables for two or four go quickly. Seatings are for two hours and minimum spend is a ridiculously low $75 per person. And like his show, no phones or videos. What happens in the Pinky Ring stays in the Pinky Ring.

There’s some standing room only. And that, for now, is free.

Be there. You’ll never forget it.

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Hockey Knights in Vegas Episode 69: The Crosscheck, the Griddy, and Ashali Vise!

Hockey Knights in Vegas is BACK!

In today’s episode, Chris and Eddie start out with a charged debate over the big story in the NHL this week: the Toronto Maple Leafs’ Morgan Reilly’s vicious crosscheck of the Ottawa Senators’ Ridley Greig for breaking the NHL’s unwritten code and the subsequent five-game suspension. There’s a lot to unwrap and there is no shortage of opinions by the guys.

Unfortunately, former Golden Knight Ryan Reaves makes the episode in a bad way, as his comments on the incident got him destroyed on social media.

And then, out of nowhere, our hosts welcome a very special guest, VGK rinkside reporter Ashali Vise!

What we thought was going to be a quick 15-minute chat turned into nearly 40 minutes of one of the best special-guest segments in all of Hockey Knights in Vegas history.

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Penn underperforms, as does Louisiana

Did somebody screw the pooch at Penn Entertainment? It appears to have flubbed its ESPN Bet launch, judging by its 4Q23 numbers, which were an interactive bath in red ink. J.P. Morgan analyst Joseph Greff called them “much (much) larger … than what we were expecting … We think investors were bracing for a wide range of Interactive losses, but the magnitude of the absolute dollar value is, we think, surprising.” He had anticipated a loss of $180 million (the Wall Stree consensus was $151 million) and Penn came in -$334 million. Wow. We knew ESPN Bet-related promos had been—well, the word “generous” is inadequate. But we never anticipated this. And when you’ve lost Greff you’ve lost Wall Street.

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TOO OUT OF IT TO PLAY? CASINO GAMBLING TRIPS GONE WRONG

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:

Gambling and drinking. These two activities have gone hand in hand forever and the consensus is it’s not a good mix for the gambler. If it were, the casinos wouldn’t be offering it. The four examples in this article pretty much constitute the worst-case scenario, but the lesson that drinking can undermine responsibility should be heeded by all players. An interesting twist on this theme is that drinking can be used against the casinos by some clever advantage players who drink to some level as a form of “camouflage” when playing with an edge, e.g., counting cards in blackjack. A player who’s steadily consuming alcohol tends to look less suspicious to casino personnel on the lookout for threats. Of course, the player has to be able to maintain his game while drinking. While he didn’t bring this up in the article, author Michael Kaplan is certainly aware of the ploy. His book, The Advantage Players, is being published by Huntington Press and is expected to be out this summer.

This article was written by Michael Kaplan in association with 888Casino.

TOO OUT OF IT TO PLAY? CASINO GAMBLING TRIPS GONE WRONG

Everybody loves to get casino freebies. Gamble for high enough stakes and you wind up with a hotel suite and dinner at the joint’s fanciest restaurant. Really fire it up, and the casino covers your airfare and may even send a private jet.

At rock bottom, though, anyone in action gets offered free alcoholic beverages. Sit at a casino bar, drop $20 into a video poker machine mounted on the bar’s surface and the drinks will flow your way as long as you keep playing.

High rollers may get bottles of Louis XIV cognac and tumblers of fine single-malt scotch while the rest of us content ourselves with well drinks of vodka and tonic. And if we get drunk with $20 at risk in a game of chance that we’re unlikely to win anyway, who cares?

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Boardwalk betrayal; Mega-Jottings

Atlantic City dip; Another strike in Motown?

Looking forward to a smoke-free day in Atlantic City? Better forget about it, at least if state Sen. John Burzichelli (D) gets his way. In a stunning betrayal of casino workers, he’s proposing a bullshit ‘reduction’ of casino smoking areas that would make even fewer allowances for health than the industry plan put forward by sock-puppet state Sen. Vince Polistina (D). While table games would be in enclosed spaces staffed by “volunteers,” it’s basically open season on slot workers and customers: “it would allow smoking in unenclosed areas of the casino floor that contain slot machines and are designated as smoking areas that are more than 15 feet away from table games staffed by live dealers.” In order words, casino employees are so many human sacrifices for Big Gaming’s Trenton pawns.

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MGM “confusing”; January the new cruelest month

Perplexity was the mood of J.P. Morgan analyst Joseph Greff when confronted with MGM Resorts International‘s 4Q23 numbers, as “there were lots of moving parts.” Cash flow came in 1% higher than expected and Las Vegas Strip-derived cash flow of $864 million was way above Greff’s $794 million forecast. However, he discounted $50 million of that due to high hold percentages in table games (read: players were exceptionally unlucky). Macao generated cash flow of $262 million where Greff had expected $236 million. And regional cash flow—$233 million—well undershot Greff’s anticipated $264 million, J.P. Morgan having admittedly underestimated the hit MGM Grand Detroit would take from last autumn’s strike. Greff’s price target edged up two dollars to $54/share, a conservative move.

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A New Hip — After Six Weeks

Bob Dancer

I had my right hip replaced with a titanium one on December 28. I’m writing this after almost six weeks of recovery. It hasn’t been as smooth or as fast as I hoped. And it disrupted my life far more than I expected!

Two-and-a-half weeks after the surgery, there was a juicy out-of-town promotion I really wanted to go to. Bonnie and my doctor were strongly opposed to me going. Finally, I acceded and stayed home — probably the right move. But giving up on a good promotion really goes against the grain.

I’ve shared before that I belong to the Las Vegas Improvisational Players (www.lvimprov.com) and perform in a showcase once a month. The leader of the group wanted me to sit out the January performance — figuring I was still a bit wobbly. Improv does include some physicality, and you never know what’s coming because the suggestions come from the audience. He figured it would be easy to accidentally exceed my physical limitations in the heat of the moment. While I figured that I could still perform, I yielded reasonably gracefully. But I’ll be in the February 17 showcase, and all the future ones when I’m in town. For the next few months, though, I’ll be cast in skits with little potential for physicality. 

Three-times-a-week physical therapy (PT) works well if you apply yourself. They tell you to do 30 repetitions and then let you decide how many to really do — and whether you lift your leg all the way or halfway. Basically, their business plan is to collect $100 a session (or whatever the amount is) from the insurance companies. If you take six months instead of three months to recover, so much the better as far as the PT company is concerned.

PT also works better if you do the exercises at home between sessions. I knew this but was not as diligent as I could have been. I probably averaged two sessions a week at home (rather than the recommended four) on the days I didn’t go to PT.

The exercises, though, were only geared for my right leg — because that’s the side where my new hip is. I decided early on, though, to do the exercises on both sides. Even though the exercises were way too easy for my left leg, I felt it made no sense to only exercise one side of my body. My hour-long PT session got extended by twenty minutes or so. The PT staff had to notice this, but so far haven’t said a word about this.

I was cautioned not to bend over too far too soon after the surgery, and not to cross my legs. If the hip pops out of socket, needless to say, it’s not a good thing. So, for the first four weeks or so after the operation, I needed Bonnie to help me with the compression hose they recommended and tying my shoelaces. I couldn’t bend over enough to put on pants of any sort without help. One month out, I could dress myself unassisted.

I have a player-friend who drove me to casinos periodically after about three weeks. I’d take my walker and take frequent rests. He’d drop me off at the front door of casinos and then go park the car. I wouldn’t do my full slot-scouting run at first, but each time was a little bit further.

I was told not to drive for six weeks after surgery. This is a longer period of time for the right hip than the left simply because driving in this country uses the right leg more than the left. After four weeks of using Lyft, though, there came a day when Bonnie and I had six places we needed to go to back-to-back — none of them more than three miles from the last. After one around-the-block test drive, I decided I could do it.  

For the next two days, though, my right leg and knee really ached. Whatever muscles are used in driving had deteriorated. I drove every other day for short periods of time, and about a week later could drive for an hour straight without discomfort. 

My first out-of-town casino trip came at about the four-week mark. It was tougher than I expected. The nicer rooms they assigned us were far away from the hotel elevators. Had I thought about it, I would have requested a regular room close to the elevators — but I didn’t think of it until afterwards.

I only played four hours a day, but I had to split that into two sessions. I knew about how much walking would be required at this casino — we’ve been there before — but taking that many steps turned out to be more difficult than knowing how many steps it was going to be. I was pretty wiped out when I returned home four days later. Although it was a losing trip this time, I’m pretty sure that was just normal variance and not due to my infirmity. But I can’t be sure.

As I write the first draft of this blog, I haven’t had my six-week post-operation medical visit yet. I expect I’ll be told I can now submerge into a bath (if there are handicap bars to help me get out — which there are in our home) if I want. I’m now taking an aspirin tablet twice a day to avoid blood clots. Whether that routine is changed — or whether I’ll still be told to wear compression stockings — I’ll find out. Other than not doing my exercises as much as requested, I’ve been a pretty good patient. And I’ll continue to do so.

My next casino trip is in another three weeks. I’ll take my walker with me — in case. The walking distances there will be considerably longer than the ones on my last trip. They have motorized scooters available if necessary — but I’m assuming/hoping I won’t need one. We’ll see.

When I last saw my surgeon, two weeks afterwards, he said it was normal to be thinking “Oh God! What have I done?” And to be sure, there was a little of that. He also said that after six weeks I’ll be saying, “This is the best thing that ever happened to me! I should have done it years ago!” 

Well, it’s almost six weeks, and I’m still recovering. But I’m a lot closer to being really happy I did this than I was a month ago.

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Boyd “surpasses”; Keep on rocking in the Free State

Using words like “strong” and “easily surpasses forecasts,” Deutsche Bank analyst Carlo Santarelli gave Boyd Gaming a thumbs-up for 4Q24. This was despite a “cautious tone” in the previous earnings call and “choppy” regional performance in the most recent quarter. Looking ahead, Boyd management highlighted “areas of concern in a prudent, but not overly draconian manner.” But on Wall Street you’re only as good as your last quarter, so let’s see what it divulged.

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