In this week’s Las Vegas Business Press, I look at what the continued reliance on baccarat means for Nevada:
Since the second quarter of 2010, the fortunes of the Las Vegas Strip — and, by proxy, of Nevada’s gaming industry — have been tied to baccarat. The game’s had a presence in Nevada since the 1950s, and has been a steady offering for top-tier casinos since the 1970s, but with slot play wilting and midlevel table play suffering, baccarat has risen to unprecedented heights. February’s results confirm what we’ve known since last summer: with baccarat as king, Nevada gaming is more of a game of chance than ever.
via Las Vegas Business Press :: David G. Schwartz : Volatile baccarat can’t reliably lift gaming win.
This isn’t really new–I just saw that I never published this. Still, it might be a fun read. Enjoy!