Pirate economics

Here’s a quick recap: I write about the history of gambling. Much gambling used to be illegal. Gaming is organized. Therefore, I write about organized crime. I’m always eager to find other forms of organized crime to compare gambling syndicates to. So imagine my delight when I learned that economist Peter Leeson has written a

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gambling & culture

Too much spare time

These days, I consider myself lucky if I have time to sleep. So I was a bit taken aback to learn, through some completely serendipitous web browsing, that some people, calling themselves lotologists, have invented a new hobby. From Word Spy: lotologist (law.TAWL.uh.jist) n. A person who collects new and used lottery tickets. Word Spy

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haphazard world

AC strikes back!

Most people think of Las Vegas as the home of folksy, friendly service and Atlantic City service workers as rude, inconsiderate, and uncaring, but most people evidently don’t participate in Market Metrix, which just rated AC above Vegas in a recent index of hospitality destinations. From the AC Press: Atlantic City has won a stunning

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atlantic city, life in vegas

Unrestricted not so easy

A few months ago I listed the myriad things that you need to disclose when applying for a non-restricted casino license. Apparently Chet and Karla Cox aren’t regular readers, because they applied for a license without getting an attorney, and hit a few roadblocks. From the LV Sun: Although Silver State would handle the filling,

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life in vegas, news about gambling

Knocking down Caesar

I thought this was an amusing story in light of Harrah’s recent decision to become Caesars Entertainment. From the Indy Star: At 10:30 this morning, the huge 12-foot statue of the Roman conqueror that dominates the Caesars Indiana casino in Harrison County will be removed as the riverboat takes a major step to “de-Romanize” itself.

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news about gambling

Bad marker police

That’s an awful name for a band, but it would be appropriate for a Police cover band that worked casinos. I wonder if Scrantonicity II will get any gigs when Sands Bethworks opens up? Oh yeah, here’s a story about how intransigent players who don’t pay off their markers hear from the Clark County bad

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life in vegas, news about gambling

Either that’s a typo…

…or the Nevada budget situation is far more dire than we’ve been led to believe. From KLAS: Buckley said one of those areas needs to be prisons. The finance committee went ahead with plans to close the Jean prison, saving the state $11 dollars. It had been closed and reopened twice before. Las Vegas Now

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haphazard world, life in vegas

From Red Square to Hard Rock

You know your career’s heading downhill when you used to playing parliaments and congresses, but now you’re being booked into bingo halls and casinos. And not even Strip casinos: Hard Rock Live – Event – Mikhail Gorbachev At first I thought this was some kind of mistake, or my sleep-deprived brain was playing tricks on

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gambling & culture, haphazard world

Parity Hedge System explained

In response to an email query, I wrote a long, rambling dissertation on the problems with the “Parity Hedge System.” The first tip-off that this isn’t a legitimate winning system (other than the fact that there is no such thing as a legitimate winning system) is that it’s posted on Quatloos, the self-described “Cyber-Museum of

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gambling & culture

Book Review: Double or Nothing

Tom Breitling with Cal Fussman. Double or Nothing: How Two Friends Risked It All to Buy One of Las Vegas’ Legendary Casinos. New York: Collins, 2008. 256 pp. In honor of tomorrow’s Vegas Gang uber-podcast, which will feature Tom Breitling, I am at long last posting my review of his new casino tell-all. Enjoy! Until

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book reviews

Too funny

Just like the Clinton Administration galvanized and nurtured conservative talk radio during the 1990s, the Tropicana Atlantic City is going to keep me posting. If I still lived in Atlantic City, I’d walk down there every day and probably come back with classic 1000-word posts. Take, for example, this entertainment listing that I found in

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atlantic city

Casino carpet in the LVRJ

What can I say? Seriously thinking about casino carpet has gone mainstream. From the LVRJ: We walk all over it, cover most of our floors with it, and, when we see it for the first time, proclaim it either grand or gaudy. But have you ever seriously contemplated carpet? Other than its functionality — and

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life in vegas, news about gambling

Avoiding trouble

Looking for something completely different, I found this gem, courtesy of MSNBC: Near-misses often turn into hits, especially in a place where trouble is likely to find you. For example, you shouldn’t be surprised when you travel to a third-world country with an atrocious air safety record, and your plane overshoots the runway, bursting into

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haphazard world, life in vegas

Book Review: Winner Takes All

Christina Binkley. Winner Takes All: Steve Wynn, Kirk Kerkorian, Gary Loveman, and the Race to Own Las Vegas. New York: Hyperion, 2008. 304 pages, hardcover. Over the last decade, the Las Vegas Strip has become increasingly consolidated. Once, there were a host of casino owners: Aztar, Bally Gaming, Boyd Gaming, Circus Circus Enterprises, Grand Casinos

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book reviews, life in vegas