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.
Casino Comps | The Big Play Casino Gambling Day
More play in fewer trips is going to net you the most casino comps. This is just a general statement about casino gambling because the amount of play that will generate marketing offers is not an exact science.
Vegas News | Casinos Open This Week!
Businesses in Las Vegas are slowly opening. Phase 2 of the state’s Nevada United: Roadmap to Recovery reopening plan started on Friday. Gyms, bars, spas, and more are allowed to reopen. Of course, most of you are here for the casino biz and the news that casinos open this week!
Vegas News | Getting Closer To Las Vegas Casinos Opening…Maybe
Heyo! Las Vegas is 115! I’m old enough to remember when the TV show “Las Vegas” celebrated Las Vegas turning 100 (originally and last week). This week’s big “maybe” revolves a lot around whether we are getting closer to Las Vegas Casinos opening.
Casino Loyalty | Casino Comps vs. Cashback
Casino Comps and Cashback are both perks that casinos offer to players to encourage them to gamble. They are related but they are different.
Vegas News | Reopening Las Vegas One Phase At A Time
Before we get to talking about the reopening of Las Vegas…… On Saturday I woke up crankier than usual since it was 3:30 am. After listening to a couple of podcasts I grabbed a cup of chamomile tea and plopped down on the couch to see what was on TV. It was with great surprise that reruns of the old NBC show “Las Vegas” were airing on E!
Vegas News | MGM, Boyd, Station All Planning For Reopening
For a few weeks, it looked as though there wouldn’t be much Vegas news to share. Well, that concern is over. There should be lots of news now that Las Vegas has a “roadmap to recovery.” This is a multi-tiered plan to reopen the entire state. There’s one important thing to know before you read this plan – there is no opening date for casinos yet.
Vegas News | Traveling Downtown, Opening Vegas, And Lots Of Biz
On Friday I took a nice mellow drive to downtown Las Vegas. This was my first visit downtown since casinos closed. My primary objective was to grab some Pizza Rock to go. I took a longer route heading downtown to see how Circa Resort is progressing. The photo above is from Symphony Park (more on that another time) to show the scale of Circa vs. Plaza. It’s huge! Now, onto the Vegas News!
Vegas News | Looking Forward To New Vegas
Las Vegas casinos remain closed for the month but there are signs that things are starting to get back to a new normal, “New Vegas.” This week local TV news started actually reporting on news besides providing COVID-19 updates.
Vegas News | Casino Players Club Updates and Casino News
The local Las Vegas news is usually a waste of time for me. They typically have 3-5 minutes of local news before going to national news, weather and human interest stories. I don’t watch the local news often because 95% isn’t interesting to me. Don’t get me wrong – I love that I live in a sleepy town like Las Vegas. (Unbelievably, we still have a number of weekly items to share, including details today about the casino players club updates.)
Vegas News | Get Vegasy At Home…And Read Some News
It was April Fool’s Day last week and thankfully nobody was making bad jokes. Unfortunately, Nevada Governor Steve Sisolak made another announcement. He extended the non-essential business closures through the month of April. As of now, the big Vegas News is that the soonest Las Vegas casinos may be able to re-open will be May 1. Of course, that could change again by the time this is posted on Sunday.
Vegas News | Happy (Almost) New Year
Congratulations! We made it through another year! This will probably be the shortest Vegas News of the year so I’ll deliver it once again in Quick Hits format.
Vegas News | Las Vegas New Year’s Eve – Getting Ready For The New Year With Better Gaming at Circus Circus and A Lot More
We’re slowly sliding to the end of the year. Hopefully, you’re having a great holiday season. Las Vegas is always fun around this time of year, especially Las Vegas New Year’s Eve. Tourists tend to stay away from Las Vegas until after Christmas Day. After that, it’s a different ballgame.
Vegas News | Resorts World, Residencies and a $2.3 Million Pai Gow Winner
Before I get to the “big” Vegas News about the Resorts World plan, I must say this has been a chaotic two-week stretch with friends visiting. So many people I know visit Las Vegas for work and/or pleasure. Being able to catch up with friends and acquaintances so frequently is part of what makes living in Las Vegas so great.
Vegas News | A Little Of This And A Little Of That
There’s not much of an introduction this week. While there was lots of little Vegas News, the wasn’t much big news. Also, I’m slightly hungover because of visitors.
Vegas News | KAOS Out At Palms, Eldorado Almost In With Caesars, Getting Out Of Vegas Fees, +More
Quarterly casino earnings calls and reports often have information that we can use to look at the current and future state of the companies. The calls, specifically, don’t have major breaking news. This week Red Rock Resorts (AKA Station Casinos) dropped a news bomb that was news but not all that surprising. Let’s just get to it because this is probably the biggest story to hit Las Vegas during the week. Plus, we will be talking (again) about Vegas fees.
Vegas News | More Casinos On The Market
Quarterly earnings are the best and worst at the same time. They often have interesting information. The earnings calls are another level. They often have additional commentary that isn’t in the reports and press release. Let’s explore more in Vegas News.
Vegas News | Hard Rock Eyes Vegas Strip For Casino, Boyd Shades Palms, and Say Goodbye To Poker
I have a great passion for a lot of things in Las Vegas. There’s always something new happening in Las Vegas and with the companies that operate here. As you know, deciphering casino corporation earnings calls is one of my favorite ways to analyze the industry. Let’s just get to the Vegas News.
Vegas News | 2 Casinos Sold, Another On The Block?
What a week! The Global Gaming Expo (G2E) was a blur. That blur sparked many memories both inside and outside of the expo itself. I’ll share thoughts on G2E another day. Let’s direct attention to the Vegas News focusing on casinos sold!
Vegas News | G2E Preview + This Week Was a Blur
The Las Vegas PR machines might be slow right now but this week was a blur and I expect more of the same next week. A friend was in town for a conference and that gave me an excuse to enjoy Las Vegas like a tourist for a few days. Let’s get to all the Vegas scoop, and also my Vegas News G2E Preview.
Vegas News | The Calm Before The Storm
Let’s call this week the calm before the storm. It was a relatively quiet week in Las Vegas aside from the Palms Casino Resort drama (details on that shortly). The Global Gaming Expo (G2E) is in just over a week. Casino operators and gaming manufacturers will have lots of news for us around the gaming conference.
Vegas News | Grasshoppers Invade!
The big news in Las Vegas this week seems to be the grasshopper invasion! I live about 20 minutes west of the Vegas Strip towards Red Rock Casino and I’ve only seen one grasshopper. He or she was outside of my apartment four times I went in and out on Friday. I named my new […]
Casino Comps | The Big Play Casino Gambling Day – Part 3
Want more comps? Be Strategic about your casino comps. Learn to get more from your casino gambling. Consider concentrating your play for more casino comps.
Casino Comps | The Big Play Casino Gambling Day – Part 2
Want more comps? More play in fewer trips is going to net you the most casino comps. This is just a general statement about casino gambling because the amount of play that will generate marketing offers is not an exact science.
Consequences of Total Rewards 2018 Devaluations
While the upcoming changes, effective 02/01/18, to the Caesars Total Rewards program, is a massive slash in benefits, some of the changes certainly make sense from their perspective. I try to play devil’s advocate and understand the business purpose for these decisions. Some I get, while others baffle me when I try to view them through the bean counter’s eyes.
[Interesting, maybe GREAT] Caesars Las Vegas Hotel Deals + 1000 Tier (per night) Bonus
Currently Caesars is running a New Year, New Empire promotion (Promo Code: NYNE18) that can be combined with an Opt-In Offer for 1000 tier points per night.
[Ouch!] Major Changes to Total Rewards 2018 Benefits
Caesars unveiled their Total Rewards benefits for 2018. While rumors had been circulating of an upcoming degradation of benefits, nobody predicted how steep it would be. Most of the key benefits of the Total Rewards program that made it the best casino loyalty program in the country are all gone. The biggest head-scratcher, is that the higher the tier one attained, the more that was taken away.
Caesars Total Rewards | Part 4 | Generating Casino Offers (Marketing Offers)
How do you alter your play to receive the best casino offers possible based on your bankroll? As I stated in the previous installment, it’s done by the timing of your gaming sessions, which directly affects your Theo (your theoretical loss to the casino, which is the way that the casino calculates what you are worth to them.).
Caesars Total Rewards | Part 3 | What is a Caesars Marketing Offer?
Earning Caesars Marketing Offers (and continuing to receive them) from a large casino loyalty program such as Total Rewards is a very complicated endeavor. There are numerous variables to consider, such as which property you are playing at and how popular that property is, how badly that property wants to drum up business, what games, amenities and restaurants are available, etc., but before I launch into specifics, let me define just what a Marketing Offer is.
Achieving Caesars Total Rewards Seven Stars with Video Poker
Seven Stars With Video Poker ? Is video poker a cheaper way to earn Seven Stars status with Total Rewards than baccarat or live poker? That is a very good, though complicated question.
Caesars Palace Is Celebrating Its 50th Anniversary All Year Long
The casino & resort opened on August 5, 1966. This year marks its 50th anniversary and Caesars Palace Entertainment is taking the entire year to celebrate.
Caesars Total Rewards | Seven Stars Insider: Here’s What You Can Learn
Despite its name, the Seven Stars Insider is for all Total Rewards cardholders – or anyone considering a visit to a Total Rewards casino.
Caesars Total Rewards | Everything You Need To Know – Part 2 | TIER STATUS
Total Rewards is a casino loyalty program and its function is to persuade customers to be loyal to (spend more money on) Caesars Entertainment Corporation. You get value from your Total Rewards account but always keep in mind that the niceties offered are to entice you to happily—lose money! Tier Status When you earn the […]
Las Vegas | Boyd Gaming’s B-Connected Players Club
Boyd Gaming’s B-Connected players club is an interesting form of a national players club. You can earn and use points in 14 casinos from Las Vegas to Indiana. It’s largess is contained mostly to the casino and restaurants owned by Boyd Gaming.
Caesars Total Rewards | Everything You Need To Know – Part 1
The Caesars Casino Loyalty Program Caesars Entertainment Corporation is one of the largest casino companies in the world. Total Rewards, their casino loyalty program (launched in 1997) was the first to offer a system wide comps program, allowing points earned at one casino to be redeemed for goods and services at any of the company’s […]
Alert : Opportunity for Mlife Platinum via matching to Hyatt Diamond Status Twitter Deal
A great opportunity has presented itself for those with high and mid-tier status in a hotel loyalty program. There seems to even be rumor that even mid-tier such as SPG Gold, Hilton and Marriott Gold are being matched to Hyatt Diamond. Those with “top tier” status (SPG Platinum, Hilton Diamond, Marriott Platinum) should easily be […]
Casino Loyalty Cards are Similar to Those of Airlines and Hotels — But Not the Same – Part III
Picking up where I left off in Part II, in this final segment I shall continue to discuss how casino cards are different from hotel and airline loyalty cards. 5. Many casinos offer the option of having joint players’ cards — usually between a husband and wife, but not necessarily. This is an option, meaning […]
Casino Loyalty Cards are Similar to Those of Airlines and Hotels — But Not the Same – Part II
This month, I want to discuss how casino loyalty cards are different from hotel and airline loyalty cards. While we will be discussing the differences among the cards, we will cover many of the same subjects as we did when discussing the similarities.
Casino Loyalty Cards are Similar to Those of Airlines and Hotels — But Not the Same – Part I
Since you found me on TravelZork, I assume most of you are far more fluent in loyalty cards created by hotels and airlines than I am — but I’m probably more knowledgeable than you in casino player tracking systems. Let me tell you why I make that claim. In 1993, at the age of 46, […]