Tag: Casinos

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The House Advantage

May 16, 2013 at 2:43 PM | by | Comments (0)

Casinos have the edge in every game we play. We know this going in and, for the majority of people, gambling is more for fun. While mathematic probability can be used to determine the house advantage, players won't experience that in the short term. The math behind the house advantage isn't realized through a half-hour session, but through thousands of games. UNLV Gaming compiled a basic chart looking at the house advantage with different games in the casino:

Depending on the game and player, the casino edge may be larger than what the data typically suggests. As you can see from the chart, there are plenty of different house advantages for blackjack with stats based on three types of games when played with perfect basic strategy. The house advantage in those games can be lessened by learning advanced strategy. Similarly, the house advantage may grow based on rule changes like paying 6:5 for blackjack instead of 3:2.

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The Changing Story of Google Glass And Vegas

May 9, 2013 at 5:15 PM | by | Comments (0)

Well, that was quick.

It was just a few weeks ago when Tech Hive reported that MGM Resorts and Caesars Entertainment were okay with customers wearing Google Glass. Someone must have educated the staff at Caesars Entertainment about Google Glass, though, because they are now saying the high-tech eyewear will not be allowed in their casinos.

Here is an explanation on the banning of Google Glass at Caesars properties detailed in an email to Computer World:

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What About The Casino In The SLS Vegas Resort Casino?

February 18, 2013 at 4:15 PM | by | Comments (6)

A rendering of the casino entry to the SLS Las Vegas.

SLS Las Vegas has the cash, the opening timeline (fall 2014) and the models, but a VegasChatter fan wants to know more about the latter part of the coming resort-casino:

Ok, we have all the info about the hotel, but will the hotel have a casino and if it does, who will operate the casino services? I know that sbe has some kind of rewards program, but that was a bust kind of. Will we see a revamp, maybe a loyalty program and a rewards program in one? -- @breannamstewart

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Fun With Casino Facts

January 30, 2013 at 3:24 PM | by | Comments (4)

Every year, the state of Nevada releases raw data about how the casino business did the previous year. The Nevada Gaming Abstract is a public document that anyone can read. The information is fascinating and helps explain why casinos operate the way they do. The document covers the entire state of Nevada, but we'll focus on Clark County since that's where Las Vegas is located. Here's the breakdown:

43.3% of casino revenue comes from gaming
21.5% of casino revenue comes from hotel rooms
22.2% of casino revenue comes from food and beverage (combined)

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Rockin' Around The Casinos This Holiday

December 13, 2012 at 9:19 PM | by | Comments (3)

As soon as Thanksgiving passes, we begin to hear Christmas music in the casinos. Casinos start us off gently by mixing Christmas favorites into about 1 of every 20 songs, but as we close in on December 25th that ratio increases. Depending on the casino, we can expect to hear a Christmas classic mixed in about once every four to eight songs we hear. Right now, may be the perfect balance between holiday music and regular music in the casino.

This writer will be spending the next four days in various casinos and looks forward to some holiday cheer, but there's definitely a limit to how many times anyone can hear Mariah Carey sing "All I Want For Christmas." We prefer more up-tempo Christmas music and we will never tire of Paul McCartney 's "Wonderful Christmas Time." This east coast guy would like to hear "Christmas In Hollis" every now and agai,n but Run DMC isn't very casino friendly.

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The Lowdown: How A Host Works

September 28, 2012 at 7:19 PM | by | Comments (6)

Last week, we received a question about dealing with a specific offer from a casino host and, hopefully, helped Gail out a little.

The legend of casino hosts has been glorified on the big and small screen and our favorite is from the TV show "Las Vegas," Sam Marquez. The myth that a host only deals with high rollers is just that, a myth. Hosts will work with anyone from penny slot players to $1,000 a hand baccarat players. Both players are treated differently because of the amount wagered and, while a host may be able to provide the high roller with free weeks in the finest Las Vegas villas and the finest of dining is comped, the low roller can still get discounted or free rooms, show tickets and meals, too.

The job of a casino host is to create a relationship with players so that they become loyal to that specific casino. No matter how nice they are, casino hosts don't have cart blanche to just give everything away. They report to marketing managers and have to justify everything they provide their players.

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One Fun Thing: MGM Grand, New York New York and Tropicana

August 8, 2012 at 2:43 PM | by | Comments (2)

Let’s paint a scenario. You’re in Las Vegas. You’ve done all of the obvious touristy things, but you want to know something not-so-obvious to do. Something fun and different. This series will walk you down The Strip, a few properties at a time, offering one fun and different thing to do at each. We hope you enjoy it and find something new to check out the next time you are in town.

We’re back in the saddle with another installment of One Fun Thing.

Previously, we were moving south and crossed the center Strip. Now we’re hitting the south Strip properties and Tropicana Avenue. So, without further adieu, here are our picks for one fun thing at MGM Grand, New York New York, and Tropicana:

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Lucky Dragon Casino Project Wins Another Round

February 22, 2012 at 3:28 PM | by | Comments (2)

The Lucky Dragon is still alive.

Last week, the Las Vegas City Council became the second government body to give the casino project the go ahead. Set for a vacant lot adjacent to the Allure condo tower, the Lucky Dragon would be located near the already extremely busy intersection of Sahara and Las Vegas Boulevard.

VegasChatter fan UTE, who first tipped us off to the project, reports back on the specifics of the City Council hearing:

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Lucky Dragon Casino Project Still Alive, Moves Forward

January 10, 2012 at 10:56 PM | by | Comments (2)

Well, well. Maybe this really is the Year of the Dragon after all in Vegas.

After first popping up on our radar last week thanks to VegasChatter member UTE, the Lucky Dragon casino project -- envisioned for the area of Sahara and Las Vegas Boulevard (not at the Sahara) next to the Allure condos -- has slain its first foe, a proposed recommendation of denial by the Las Vegas Planning Commission.

Instead, after proving that it's trying to be good neighbors with Allure residents (a HOA spokesman says owners are in general support of the project) and are mindful of their traffic concerns (traffic studies will now be launched), commissioners almost unanimously agreed to send the project onto the Las Vegas City Council for review. (One abstained due to a possible conflict.)

The Lucky Dragon would be a 10-story, 202-room casino-hotel. During tonight's meeting, it was revealed that the project would have a "handful" of restaurants and no entertainment.

The Las Vegas City Council is set to discuss the project on February 15th.

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Will The Year of the Dragon Be Especially Lucky For Las Vegas?

January 6, 2012 at 7:26 PM | by | Comment (1)

Just when we thought there wouldn't be a new casino in Vegas for a long, long, looong time, comes news that there might just be one after all. And, we're not talking about the miracle needed to restart the Sahara, Fontaine-Bust or Echelon.

No, we're talking about the Lucky Dragon project.

We'll wait a second while you assimilate that. And, don't try to Google it because that's just what we did when we heard about it from a VegasChatter fan.

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Can You Guess Where This Deck of Cards is Found?

November 21, 2011 at 6:15 PM | by | Comments (2)

Yeah, yeah, yeah, you say you know Vegas, but how well do you really know this town? Well enough to know exactly where this deck of cards can be found?

If you think you do, then step right up and drop your answer in comments below. If you need some help, read the following hints below for some clues!

· Ok, to be fair it's not a real deck of cards but a sculpture of scattered cards.
· The sculpture stands upright on the casino floor. Once you're done admiring the cards, you can either go play some poker or keep on walking for a java jolt.
· Speaking of poker, the casino offers free poker lessons.
· Speaking of the casino floor, there's lot of brown here and it was put there on purpose.

Think you know the answer? Put your guess in comments below!

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Dreaming about Casino Nirvana

September 21, 2011 at 12:28 PM | by | Comment (1)

When we go to Vegas, we rarely spend time in just one place. This is obviously because Vegas has so much to offer from a variety of properties that each have a unique and different feel. But more than that, it’s because no one place has everything that we like about Las Vegas. To talk about everything we like in a Las Vegas property would take up too much time in your day, so we’ll just focus on casinos. If we could design our perfect casino, these are the pieces would we incorporate from various Las Vegas properties.

Video Poker from M Resort - We love that we can play video poker and enjoy microbrews at the 32 degrees bar at M Resort. Fewer and fewer bars are comping drinks while playing machines at the bar, and even if they do, those drinks are usually bottom shelf booze. At least at 32 degree we can get our microbrew fix while playing a very reasonable 8/5 Jacks or Better game.

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