I’ve posted a new report at the Center for Gaming Research website: a statistical breakdown of the evolution of Nevada baccarat, 1992-2010. Here’s my description: This chart shows the trajectory of Nevada baccarat since 1992. The total baccarat win and number of tables grown over the past eighteen years, both in absolute terms and as
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news about gambling, what's newNew Green Felt Journal in Vegas Seven: Baccarat first came to Las Vegas in the 1950s, but didn’t make much headway until the growth of high-end, international play in the 1970s. Caesars Palace and the Hilton led the way, and soon most casinos with any pretension to catering to high-rollers added the game. The game
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news about gambling, writingIt’s Thursday, so that means the latest Vegas Seven is hot off the presses–printing and digital. This week, I’ve got an article about gaming taverns–you know, those bars with slots in them that are ubiquitous in Las Vegas. Here’s the opening: From Irish pubs to Mexican cantinas, it seems that every culture puts its own
Gaming taverns in Vegas 7 Read More »
news about gamblingThe latest UNLV Gaming Podcast is up; it’s an interview with Aria Resort and Casino President and COO Bill McBeath. A Las Vegas native and UNLV alum, McBeath has had an interesting career, to say the least, and has worked for some of the biggest names in the business—Michael Gaughan, Steve Wynn, and Kirk Kerkorian.
New Podcast: interview with Bill McBeath Read More »
news about gambling, what's newThe good folks at the Nevada Gaming Control Board have released the January 2010 Nevada casino gaming stats. Here is my summary: Statewide 1. Baccarat continues to power the state’s card games, with its win increasing by about 12% over last year. This game has actually seen a net gain in the past 3 years–Nevada
January Nevada numbers analysis Read More »
news about gamblingHere’s my latest from the Las Vegas Business Press, in which I continue to deconstruct the popularity of pennies: When the year-end Nevada gaming revenue figures came out, two trends dominated the news: Gambling in general was down again in 2009, while baccarat play toward the end of the year showed a surprising spike. But
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news about gambling, writingInteresting article in the St. Louis Post-Dispatch over the weekend about the evolution of Missouri’s casino blacklist: For years, the crimes that barred gamblers from Missouri casinos read like Mafia movie plots. Men with ties to Kansas City's notorious La Cosa Nostra ran illegal betting rings, threatened witnesses and skimmed money from Las Vegas casinos,
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news about gamblingMy much-anticipated Green Felt Journal piece about casino tweeting–which inspired me to finally claim @unlvgaming and get to work–is out, in today’s Vegas Seven: Casinos are always looking for new ways to reach customers. So it’s no surprise that they’ve embraced Twitter, the popular social networking application that lets anyone tell the world, in 140
Latest GFJ: The Power of Twitter Read More »
news about gamblingIt just had a great talk with Bobby Baldwin about Aria for an article I’m writing for Vegas Seven about the first 100 days of CityCenter. Talking to people at the property and online, and having gotten too few bars there myself, one of the questions I asked him was about cell phone service. His
100% Aria cell service by end of March Read More »
news about gamblingHere are some reminders from the IRS about what to do with your gambling winnings and losses: # Gambling income includes – but is not limited to – winnings from lotteries, raffles, horse and dog races and casinos, as well as the fair market value of prizes such as cars, houses, trips or other noncash
Gambling tips from the IRS Read More »
news about gamblingThat’s the trajectory at Bill’s Lake Tahoe. From the LVRJ: Harrah’s sells Bill’s Lake Tahoe casino site It’s hard to say what Bill Harrah would have thought about this. On one hand, he was by no means shy around women–he was married seven times. On the other hand, he wanted Harrah’s Lake Tahoe to be,
From slots to strippers Read More »
news about gamblingBlack Gaming, which operates 3 casinos in Mesquite, Nevada, has declared bankruptcy. From the LVRJ: In statements last year, Black said the company was generating cash flow but was unable to manage its high amount of debt. Black, a longtime Las Vegas real estate developer, said the challenging economy of the past 24 months hurt
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news about gamblingAt the “opening ceremonies” for Aria, U.S. Green Buildings Council CEO Rick Fedrizzi said that Aria was an example of what architecture should be, and that schoolchildren should be brought in to see the building for itself as an example of what the future would be. “Wow,” I thought, “Bringing kids to a casino to
Gambling Goes Mainstream | Global Gaming Business Magazine Read More »
news about gambling, writingThe Center for Gaming Research is rolling out a new feature: the Occasional Papers Series. Drawn mostly from research conducted by visiting fellows and UNLV students, this series is going to discuss research into gambling and related issues. The first paper is out: Seeking Value or Entertainment? The Evolution of Nevada Slot Hold, 1992-2009, and
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news about gambling, what's newIf you really want to see your name in lights, you’ve got the chance this weekend, thanks to the folks at Planet Hollywood. From their press release: Now through Sunday, Feb. 28, Miracle Mile Shops at Planet Hollywood Resort & Casino is giving everyone a chance to be famous by posting photos and messages on
You on the phvegas big screen Read More »
life in vegas, news about gamblingThis has been up for a while, but I haven’t linked it yet and, with the news that Donald Trump and Carl Icahn are dueling over Trump casino empire, it’s relatively timely: my piece on the early history of Trump Plaza in Casino Connection: Trump was leery of the Casino Control Commission. It had forced
Trump Plaza History Read More »
atlantic city, news about gambling, writingIt’s Thursday, which means another edition of the Green Felt Journal in Vegas Seven magazine. This week, as whether the “little guy” still has a chance on the Strip:P Last year at around this time, “deconsolidation” was the buzzword along the Strip. MGM Mirage had just announced its sale of Treasure Island to Phil Ruffin,
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news about gambling, writingOften, folks in the media accept whatever number’s thrown at them when gambling’s concerned. If someone says a study claims that governments will make billions a year legalizing online gambling, it’s accepted without question. But Josh McMahon of New Jersey News Room actually did some research when it comes to one net gaming proposal: What
Someone in the news looks at the numbers Read More »
news about gamblingI’ve been trying to answer the question, “Why are slot hold percentages generally increasing” and have come to the conclusion that player preference for high-hold, low-denom games is a major factor. Finishing up a paper on the question, I thought I’d share some raw data: Between 2000 and 2003, the Gaming Control Board didn’t list
Penny slots most profitable in 09 Read More »
news about gamblingMy piece in the Las Vegas Business Press about the beginning of the end in Atlantic City is out: Historians have taken the date 476 A.D. and the deposition of Romulus Augustus, the last Roman emperor, as the “official” date of the fall of the Roman Empire, even though at the time most Western Europeans
Fall of the Boardwalk Empire? Read More »
atlantic city, news about gambling