Tag: GamblingView All Tags
Gambling / Pachinko / Slot Machines / Gaming / → All Tags
If you’ve never been to a casino outside of America, you may not have played one of the fastest-growing gambling games in Asia. Pachinko originated in Japan and was originally used as a recreational arcade-style game. More recently, Pachinko is being used as a rival to slot machines in America.
A Pachinko machine looks like a vertical pinball machine without flippers. The game is played with a large number of small metal balls. Like slot machines, it's a fairly mindless game as it simply fires balls into the machine. The balls rush down through a maze of of pins and, hopefully, fall into certain slots. The object is to have as many balls as possible captured. Captured balls may set off sequences of events that trigger more balls being released. These balls can then be exchanged for prizes. In the gambling version of Pachinko, you can exchange the prizes for money.
Vegas News / Sports Betting / Oscars / Olympics / Gambling / Sportsbooks / South Point / Betting / → All Tags
There are some who say if people could legally bet on lab rats running through mazes, they would. While not that extreme the South Point has petitioned the Nevada Gaming Control Board to amend regulations to allow some non-traditional bets in their sportsbook. Execs are asking that wagering be allowed on events sanctioned by the International Olympic Committee as well as non-athletic events like the Oscars and the Heisman Trophy winner.
Caesars Palace is the latest to squeeze the regular guy out of sportsbook. The resort's recently(ish) renovated sportsbook is less of a remodel than it is gentrification. By that we mean, the sportsbook added a bar to make the tired old space look new.
If you remember the glory days of the Caesars Palace sportsbook, you probably recall the giant space with lots of seats where anyone could watch the games. Fast forward to 2014 and that space has been enhanced (read: drastically reduced). The sportsbook is now blocked off by a bar and the actual sportsbook TV screens haven't been replaced. The majority of seats inside the sportsbook are reserved for Diamond and Seven Stars Total Rewards members or people spending large sums of money on booze. This makes Caesars' sportsbook accessible to about 5% of Total Rewards members.
Mergers / Slot Machines / IGT / WMS Gaming / Scientific Games / SHFL / Bally Technologies / Gambling / → All Tags
Last week, there was another big merger in the casino gaming universe. A union between Scientific Games and Bally Technologies was approved by the Nevada Gaming Commission. You may not be familiar with Scientific Games as they’re mostly a lottery system and equipment provider. Last year, Scientific Games acquired a slot machine manufacturer with more name recognition: WMS Gaming.When Scientific purchased WMS there was little effect felt by consumers still playing slot machines like Wizard of Oz, Monopoly and Willy Wonka.
On Friday, off Strip strip club Larry Flynt’s Hustler Club filed an application with the Nevada Gaming Commission to add a sportsbook its lineup. If approved, Hustler Club would become the first strip club with a sportsbook.
Officials say this isn’t a publicity stunt, but a legitimate way to expand their business. If the sportsbook is approved, the club plans to offer parlay cards, complimentary lap dances based on points earned from wagers made and the use of handheld devices so customers can make bets while receiving said lap dances.
Golden Gate wants you to know it really dishes out the rewards through its Club 1906 players club. If you didn't realize it, all slot machine players earn 1 players club point for every $1 played. Additionally, they earn $1 of free play for every 100 points earned.
This is the most free play you’ll earn from a casino anywhere in Vegas. The second highest return on free play is .67% of what Golden Gate now offers. That makes its free play rewards 33% better than any other players club.
Yahoo / Yahoo Poker / Social Gaming / Online Poker / Poker / Gaming / Gambling / Real Gaming / WSOP / → All Tags
A few weeks ago, we told you that Yahoo! might be preparing to take on the big boys in the online poker world. Since that time, Ultimate Poker has closed and Yahoo! has announced it will be closing its classic online games portal, including Yahoo! Poker.
Off Strip / Rio / iBar / Video Poker / Bars / Drinking / Lounges / Gaming / Gambling / Renovations / → All Tags
Though the Show in the Sky is no longer happening at Rio, several venues show the property is still alive and well
in some areas. On a recent weekend visit, we enjoyed live entertainment at the stage near the former Show in the Sky area. A six-piece band performed for a sizeable crowd.
Another crowded spot in the casino was the recently renovated iBar. While the entire casino recently got new carpet, iBar got some additional upgrades. New bench-style seating around the perimeter has given the bar a much more loungy feel, making it a great spot to sit and sip while people watching from the center of the casino floor.
Sometimes, it’s fun to do something dumb in the casino. A few weeks back, I was playing a 3 play video poker game and was dealt a Straight Flush on the 4th or 5th hand after sitting down at the machine. 250 quarters x 3 = sweet score of 750 quarters (that’s $187.50)! I held all five cards, took the pay day and played a few hands before walking away.
Later that night, it was pointed out that the hand was four cards to an open ended Royal Flush draw. A Royal Flush would have paid 4,000 quarters or $1,000. Even getting one Royal Flush in the three hands would have paid much better than keeping the cards. It was fun to talk about, but I was consoled by the fact the WinPoker app said that I made the right play by keeping the Straight Flush.
Casinos / Suncoast / Gaming / Gambling / Video Poker / Slot Machines / G2E / Global Gaming Expo / → All Tags
Last year at the Global Gaming Expo (G2E), we saw the introduction of crazy huge gaming cabinets. The sheer size of these games was impressive. The games came equipped with equally large chairs, which may have been made for one person but could comfortably fit two. These chairs have become so popular that we’re now seeing them paired with slot machines closer to the size of traditional machines.
Off Strip / Cannery / Eastside Cannery / Players Clubs / Promotions / Gaming / Gambling / → All Tags
Cannery and Eastside Cannery are both offering up to a $500 refund on gaming losses for new members of their players club, the C.A.N. Club. This isn’t a new promotional concept, but it is a hefty incentive to visit one of the casinos, join the club and do a little gambling. In recent years, we’ve seen the Cosmopolitan and Tropicana offer similar promotions with much smaller rebates. The $500 loss rebate at Cannery or Eastside Cannery is a whole 'nother level of financial incentive.
Election Day / Gambling / Vegas News / Gaming / → All Tags
High rollers in Las Vegas and all of Nevada can breath a little easier. Proposition 3 was defeated on Election Day.
The proposition would have created a 2% tax on revenues exceeding a million annually. Gamblers would have had to pay taxes on the gross amount of money played, not just what they won as is currently legislated. For example, if a video poker player had $5 million in action just to make a profit of $300,000, they would have to pay taxes on $5 million. That, however, won’t be the case now.