04/11/14

Heavy Baccarat Wins Push Nevada Gaming Revenues Upward

According to the latest gaming-revenue report from the Nevada Gaming Control Board, casinos in the state pocketed a whopping $970.2 million in May 2014. The gains represent a hike of 8.1 percent, when compared to the gaming revenue generated same time last year. The capital city has made significant contribution to increased revenues, officials say.

With casinos on The Strip alone, earning close to $593 million, Las Vegas saw an impressive revenue hike of 17.3 percent, from May 2013. If you’re wondering which game could have contributed the most to the winnings, think about the easiest game that begins with the second letter of the alphabet! You’ve figured it out already, haven’t you?

Baccarat players

May 2014 was “the baccarat month” in Vegas

The report, released June 27 revealed that winnings at baccarat tables brought in $172.6 million in May. Baccarat has been extremely popular with high-rolling gamblers, especially from Asia and revenues from the game rose 85.5 percent in May.

 Analysts with the board are happy to refer to May as the month of Baccarat. A rather easy game, the chance to win big and loaded gamblers feeling lucky – the odds were more in favour of Baccarat, than any other game.

The game also did not fail to deliver. With a win rate of 16.5 percent, it even played a huge role in offsetting the decrease in revenue (4.4 percent) from slot machines in casinos across the state. Mini Baccarat rose 12 percent in revenue, recording $9.7 million in earnings.

21 and Roulette included in the top three tables

  • Blackjack stood second in line, according to the table rankings, having collected $96.2 million in total.
  • Roulette followed with total earnings of $32.9 million and was tailed closely by Craps with total earnings of $32.6 million.

MGM Grand in Las Vegas was the venue for the welterweight championship face-off between Marcos Maidana and Floyd Mayweather Jr. The event drew gamblers from across the world to Sin City, helping casinos make big money in May.

Revenue from poker was rather flat, bringing in $10.2 million in May – $70,000 more than the total earnings in April, the same year. However, with Station Casino adding Peppermill Resorts to its Ultimate Poker league, revenues are expected to increase in the following months.

03/4/14

Las Vegas Casino Reaches Union Deals With Cooking and Bartending Staff

As summer rolls around, things have been heating up in Vegas. However, two casinos have been feeling the heat in more ways than just one. With the potential for a staff wide union strike of all their culinary and bar tending staff, the two casinos owned and operated by the Boyd Gaming Corporation have allegedly come to tentative deals with their staff.

Las Vegas casinoThe unionized workers – unionized by Culinary Workers Local 226 and Bartenders Local 165 – have threatened to strike should their contracts not be renewed and renegotiated. While there has been some talk of negotiations, and there seems to be an agreement reached, the unions are still ready to jump into action should the ratification of the contracts fail to happen.

Members and supporters of the two unions have been seen holding informational picket line protests outside the Fermont Street Experience in downtown Las Vegas over the past few months. The purpose of their protests and picketing was to raise public and tourist awareness of the fact that non-gaming staff had been working without contracts for nearly a year, since their expiration on June 1st. It would seem that their voices were heard, though, as the Boyd Gaming Corp has recently been making solid efforts to resolve the situation before tensions rise even higher.

The negotiations have reached a place of agreement for two of the Boyd owned and operated downtown casinos. The agreement reached by the Fremont Hotel & Casino and Main Street Station locations include five-year contracts that follow the Golden Nugget contract agreement which has been ratified by workers as of May 1st. The unionized workers at these two locations are still awaiting ratification of their finalized agreement with Boyd, but hopes are high that a fair resolution has been found.

There are still seven remaining casinos and locations that are undergoing negotiations. Workers at the remaining locations plan to walk off the job at 5:00 A.M. on Sunday if agreements are not reached with the company before then.

02/13/14

Casino Babysitting Service Fails Drunk Gambler Who Lost £300,000

A California man who willingly labeled himself a drunk has sued the Downtown Casino in Las Vegas because he lost £300,000 while smashed out of his mind after guzzling quarts of booze.

Las Vegas Casino

Mark Johnston, 52, claims the casino broke Nevada laws by continuing to ply him with liquor and loaning him money to gamble despite the fact that he was incapacitated by the rivers of hard liquor flowing through Sin City.

Johnston, an experienced gambling man, freely admitted that he engaged in a challenging drinking bout before he made his grand entrance onto the casino floor.

Johnston began his weekend binge before he entered the plane at the Burbank airport on 30 January by chugging down two to four drinks at the lounge. He slugged down more booze on the one-hour flight. On arrival in Las Vegas, the limo driver ambushed Johnston with additional drinks. From here, the numbers get hazy. He allegedly entered a restaurant where the sneaky staff managed to pour great volumes of spirits into the staggering, incoherent Johnston. Then it was off to lose enough cash to pay Zambia’s national debt.

If nobody is keeping a tally, the number of drinks is in excess of seven and maybe more.

Apparently, the nearly comatose Johnston entered the gambling floor and started betting on pai gow and blackjack. During the 17-hour boozy soirée, the waitresses and bartenders were able to splash most of 20 or more drinks down the unsuspecting though eager gulping gullet of Johnston.

In the lawsuit, Johnston claimed that he was so smashed that he couldn’t read the cards,
and his chips floated off the table for a roll on the floor.

Nevada law forbids gambling houses from serving obviously tippy patrons. Johnston’s attorney, Sean Lyttle, said that a pit boss should have at least told his client to go to his room and change his tyres.

Johnston awoke the next morning where he found his pocketbook $500,000 lighter. He complained that the casino’s drunk babysitting service was insufficient and at fault. What if I had choked and died, Johnston said rhetorically.