Nevada Casinos Suffer Another Disastrous Fiscal Year

On Friday, a report by Nevada gaming regulators revealed that Nevada’s highest-grossing casinos recorded a net loss of almost $4 billion in the fiscal year ending June 30, 2011.

The Nevada Gaming Control Board reported that a total of $3.99 billion was lost between 256 casinos across the states, all of which had to gross $1 million or more in gaming revenue to be classified as one of the highest-grossing casinos. That represents a 12.5 percent drop from 2010′s fiscal year, when the 256 highest-grossing properties lost $3.4 billion on total revenues of almost $20.9 billion.

Las Vegas Strip casinos reported a net loss of $2.2 billion on revenues of $14.4 billion. Total revenue is the money spent by patrons on gaming, rooms, food, beverage, and other attractions.

Smoker? Can’t Work Here!

 

According to usatoday.com,  Hollywood Casino in Toledo Ohio, scheduled to open his year, will not hire anyone that smokes. On the job or at home.

Interesting how many states have indoor smoking bans, except in casinos. Now a casino won’t hire a smoker.

 Go figure.

Hollywood Casino

Hollywood Casino Slots Take a Header

From Pennlive.com

Hollywood Casino at Penn National was back to normal today after a water main break last night caused a leak in the information technology room that affected cash vouchers on slot machines and credit/debit card transactions, a spokesman said. 

A frozen pipe in a rooftop chiller unit burst and water leaked into the IT room about 7:30 p.m., Fred Lipkin said. It knocked out power to the data center, which controls the slot machine system at the East Hanover Township facility.

Many of the slot machines were unable to issue cash vouchers or accept cash vouchers, so employees paid patrons by hand, he said.

Table games were not affected and the facility did not lose power.
 
The data center was fixed by 11:35 p.m., Lipkin said.

Hollywood Casino Penn National

Hollywood Casino Penn National

Obvious Tell

A man walked by a table in a hotel and noticed three men and a dog playing cards.

Poker Dog[/caption]

The dog was playing with extraordinary performance. “This is a very smart dog.”, the man commented.

“Not so smart,” said one of the players. “every time he gets a good hand he wags his tail.”

Poker Dog

Borgata Trip Report 12/27-28/11

Borgata poker room

Borgata poker room

Entered an hour late for the $100 Tournament at the Borgata on Tuesday 12/27/11. I was seated at a table that was just forming and settled in to play for 8 minutes before the break.

114 players were entered, might have been above average crowd being it was the week between Christmas and New Years.

Not the most efficiently run tourny, but things progressed pretty well.

They paid 18 spots which was to many in my opinion. 16-18 paid $133. $33 for 4 hours plus of poker kinda sux.

I went out 7th with $354. Shoved with A 9, from a slightly below average stack. Got called by the big stack holding pocket queens. Hit an A on the flop, he caught a Q on the river.

 

Borgata Poker

Borgata Poker

 

Poker: From the ‘cheating game’ to respectability

There is a dispute among card historians as to the exact origins of the card game known as ‘Poker’. Some claim that it is a derivation of a centuries old Persian game called ‘Ậs Nas’, while others insist that it is Chinese in origin started Emperor Mu-tsung. The French imported a Spanish card game called ‘Pochen’ (which they renamed ‘Poque’) into New Orleans which most people agree was the beginning of the game we now know as Poker.
The game of Poker quickly spread up the Mississippi via the Riverboat gamblers of the 1800’s. The earliest written accounts of the card game of Poker was made by Jonathan H. Green where he referred to Poker in his writings as ‘The Cheating Game’, a name that probably refers to both the idea of ‘bluffing’ (a major part of the game and until Poker seldom found in card games) and the amount of money lost to those who were unfortunate enough to lose their money to the riverboat gamblers of the period.

Poker soon became a part of Americana during this country’s Wild West era. There was hardly a saloon or hotel that didn’t have a Poker game in progress either in a backroom or at a table.

Until recently Poker was relegated to a card game that was played at a ‘boy’s night out’ gathering or by professionals at gaming casinos or illegal gambling houses. With the growth of the internet and the sudden rise of Poker variants such as “Texas Hold’ Em” Poker has now found its way into the social mainstream. Now everyone from housewives to professional gamblers are playing the game.

Poker Explodes

The game of poker has taken off like wildfire in both the United States and abroad. Poker sets are ‘flying’ out of the game stores and many stores have poker tables on back order because of the recent demand. There are now cable channels that are dedicated to the card game, and high stakes games are now televised nationally. Poker has become a true cultural phenomenon.