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Atlantic City’s oldest Casino, Resorts Atlantic City, is trying to conjure up memories of Atlantic City’s heyday by installing 8 coin-operated slot machines. The clinging of coins coming out of slot machines used to be the signature sounds of gambling. Today, coin-operated machines have been replaced by electronics, flashy lcd screens, and receipt vouchers. In the United States over 90% of the estimated 900,000 slot machines do not accept or payout coins, and are rapidly becoming extinct. So far the machines have received rave reviews from customers, but casino executives warn not to expect many of these coin operated machines and say electronic slots are more efficient to run, jam less often, and offer an equally enjoyable experience for players.

Old school slot machines aren’t the only sign that some customers are rejecting technology. The Trump Plaza announced this week that it will remove all electronic poker tables from its casino floors. The Trump Plaza installed the 14 tables last June, but said that even though the machines were faster, error free, and did not need to be tipped, the tables generated less interest than traditional tables, as it seems players like to play poker with a traditional card dealer. Welcome news for dealers worldwide.

A recent report by consulting firm Cigital analyzed 103 Million Hands recently played on PokerStars and concluded that poker is a game of skill. Cigital found that just over 75% of pots end before a showdown and only 50% of those those remaining hands that go to showdown are won by the player with the best hand. Using this data Cigital concluded that Texas Hold’em can be seen as 88% skill and not predominated by chance. Expect data from this study to be referenced frequently in future debates over the legality of poker.



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Posted by Jacob on 04/03 at 07:20 PM
General Casino NewsPokerSlotsVideo Poker

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Last week an awkward situation arose when a sex offender won $500,000 raffle that benefits victims of sexual abuse. The headlines spread fast, and it appears the mans luck ended quickly when he was assaulted with a Pepsi bottle just a few days later.

More reports telling us stuff we already knew: when money is tight, people don't gamble as much. Casinos in Atlantic City struggle as revenue drops. In fact, only one casino, Harrah's Resort Atlantic City, managed to increase its revenue during the year. It isn't just the big guys either, small casinos are feeling the recession all over the country with revenues down across the board.

This isn't to say every gambling channel is struggling, the AP reports that state lottery sales are rising in many states as more people faced with financial insecurity are trying to hit a big payday.

It looks like Bellagio is still the King of Las Vegas and the Palms is agreat for Slots and Video Poker players. Be sure to check out the 2008 Trippies which gives out awards for the best and worst of Las Vegas.
Here are some of the results chosen by readers:

This was a great week for the Smarter Gamblers General Forum, including a great discussion about knowing when to quit. Be sure to jump into the conversation and let us know how you know when its time to color up and leave the table.

Posted by Jacob on 01/16 at 05:02 AM
General Casino NewsPokerSlotsVideo Poker

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