Vegas News | Big Biz Quarter For Casinos, Kiss Residency And Andiamo Is Better Than Ever
This week Caesars Entertainment, MGM Resorts, and Wynn Resorts reported earnings. This provides a lot of insight into Vegas Casino Earnings for 2021. Much like Station Casinos and Boyd Gaming earnings last week, there was a similar theme with the earnings calls. Casino corporations have learned how to effectively operate with a smaller staff and fewer amenities for guests.
Gambling | Casino THEO | It’s All About The THEO (Average Daily Theoretical – ADT)
Your theoretical loss to the casino (your casino theo or average daily theoretical – ADT) is the way the casino calculates what you are worth to them. It’s not a theoretical win because every game that the casino offers has a house advantage and the payoff for a bet is always less than the odds of winning that bet.
Atlantic City July 2021 | Casino Smoking Ban ENDS July 4
New Jersey’s ban on smoking in Atlantic City casinos ended Sunday, July 4. However, Gov. Phil Murphy indicated he would look favorably on a measure lawmakers are considering to permanently end smoking in New Jersey’s casinos. Casinos are exempted from a state law banning most indoor smoking, while an Atlantic City law limits smoking to no more than 25 percent of the casino floor.
Atlantic City June 2021 | AC casinos introduce new dining, drinking options
Lots of new dining and drinking options have opened – or are soon to open – at Atlantic City’s casinos.
Vegas News | Capacity Limits May Expand Quicker At Some Casinos
Throughout the week, you may have noticed that MGM Resorts, Caesars, the Cosmopolitan, Wynn Resorts, and Station Casinos individually announce they would be offering Vegas workers and their families Covid-19 vaccines.
Atlantic City April 2021 | Governor increases casino, restaurant capacities
Big news for Atlantic City in April 2021, New Jersey Governor. Phil Murphy has increased capacity at casinos, restaurants, and other businesses to 50 percent.
Vegas News | More Casino Openings, Higher Capacity Limits and Vegas Is Starting To Look Like Vegas Again
Before we start to celebrate and discuss Vegas higher capacity limits, you may have noticed that I’ve been taking advantage of monthly offers to enjoy a couple of complimentary nights at the Cosmopolitan. My visits have remained mostly the same. I’ve been spending most of the time inside the room.
Atlantic City March 2021 | Casinos see 9.3% revenue increase from 2020
Atlantic City’s nine casinos saw 9.3 percent more revenue in January 2021 than they did a year earlier, largely because of online gambling and from sports betting.
Vegas News | Hamilton May Do Vegas And More Casinos and Entertainment Returning To Operation
Before we share a huge amount of Vegas Quick Hits and the rumor about Hamilton in Vegas….. We’re going to start Vegas News off a bit differently this week. I received a rare Saturday morning marketing email from a gaming company that I have to share.
Vegas News | Covid Restrictions Loosen and Casinos Opening and Changing Hands
This week’s big news in Las Vegas is that there’s a plan to loosen restrictions in place to slow the spread of COVID-19 in Nevada. I’ll just cut to the chase with some bottom-line info on the details regarding the fact that covid restrictions will loosen soon.