Now that the conversion to Mlife is complete, are we going to see 6:5 blackjack everywhere like at all other MGM properties? I always thought AC would be safe because the degenerates would revolt but MGM has been pushing 6:5 pretty aggressively.
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Here is the zenith of Casino Management Stupidity.
This year a casino opened and due to an incorrect
pay table had a game with a HUGE player advantage
[4.65%] It took almost 2 months before the casino
losses had reached a level that resulted in the casino
actually removing the pseudo-carnival game in question.
Any real A.P., no less a casino gaming consultant, could have
told them what they needed to do to "fix" the problem.
I noticed the error on the opening day. I lost heavily due to very
bad variance. My two fellow [A.P.] friends did rather well indeed.
Last edited by ZenMaster_Flash; 08-17-2017 at 08:31 PM.
Not to get political but:
People say that the "free market" will decide the fate of poor businesses and their practices. If that is the case, then where the hell are the casinos that treat their guests with dignity, offering free brochures to plays/performances, free food, good rooms, good rates on other goods/services offered in the area of said casino?
Casinos know that Gen Y'ers (aka Millenials) won't play shit (they have no f**king money to lose,) and the older generations that new the casino scene are dropping out due to shit rules or dying.
The gaming industry is going to have a huge wake-up call when the chickens come home to roost. I foresee a 'casino bailout' by states across the country. Over-expansion, loss of revenue, poor ratings on debt. It would be 2007 for these guys all over again! NOT to mention the massive job losses.
Maybe we all should start our very own casino: with blackjack...and hookers? No?
Norm, your take?
I have to say, MGM National Harbor has been absolutely jam packed every time I have been there. I only go there to play poker because the gambling is awful there, but they always have 30+ 6:5 Blackjack tables full. They also have a very diverse crowd. Its a mixture of low income people from the surrounding area, and wealthy suburbanites from Virginia and Maryland. I agree that people have much less money they can afford to lose, but that doesn't seem to be stopping them.Originally Posted by dogman_1234
I saw a really disgusting sign at Hollywood Casino is Charles Town, West Virginia where most of there clientele are very poor locals. If you were a West Virginia resident and you cashed your paycheck at the cage, they would offer you 20% of whatever that amount was in free play. So they are getting creative on how to get poor people to dump their money into the casino.
Are they offering you an additional 20% of your paycheck in free play? I don't quite understand if they just take 20% of your check and put in on your players card as "free play". What would be the point of that?
Horeshoe in tunica use to have a paycheck scratcher. Where you could go and cash you check and do this scratch off and win up to 5 times your paycheck (at least I think it was). A lot of friends did that quite often. I mean they were gonna cash there checks anyways and they were gonna gamble that weekend anyways. It didn't cost you anything to play the scratcher. My opinion it was extremely smart marketing on the casinos end
If the average West Virginia blue collar has a weekly paycheck of $200
and they give 20% in free play (for slots returning 90%) a theoretical
free $36 is pretty good to get. My cynical hunch is that the casino has
only certain slot machines designated for this "free play" and probably
holds not 10% but 20%, resulting in reduced e.v. value of $32.
http://vegasseven.com/2013/02/07/paycheck-bonus/
Here's an article about casinos in Vegas doing it.
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