BJ21.com Newsletter
August 13, 2010       100813

Presented as a public service by 
BJ21.com, the leading source of accurate information about casino games and conditions. Our free weekly newsletter archive contains back issues of our weekly newsletters.

Compiled by Al Rogers
 Al@bj21.com


Harrah's seeks approval for sale of shares

Privately held Harrah's Entertainment has asked federal regulators for permission to publicly trade shares of the casino operator that are controlled by billionaire John Paulson's New York-based hedge fund. In a lengthy prospectus filed with the Securities and Exchange Commission, the casino operator said Paulson's hedge fund plans to sell its 9.9 percent stake as soon as possible.


Las Vegas Strip casinos see lowest win since 2003

CARSON CITY – Casinos on the Las Vegas Strip suffered their lowest monthly gross win since 2003, with players of baccarat, blackjack and craps winning more than usual in June.

More people visiting Las Vegas, spending less money 

Las Vegas visitor counts are starting to show a pattern.
Tourist volume increased 1.9 percent through the first six months of the year. Through June, the average daily room rate is up .5 percent, the first time since December 2007 the figure has shown a increase on a year-over-year basis. However, while people are coming to the Strip, they are just not spending the discretionary income they had in the past.

Suspicious gamblers make IRS radar

RENO - For the past two months, Reno Supervisory Agent Tony Denn has been meeting with local casinos, asking employees to call him directly on his cell phone about suspicious gamblers.

Nine indicted in multi-million Internet gambling ring

PHOENIX - The indictment describes the type of gambling operation as a “credit based” or “credit shop” sports book, whereas, upon being introduced to the bookmaker or agent, and becoming registered as a new customer, the bettor was given a line of credit and rules for how the credit could be used to place wagers on sporting events.

Miccosukees ordered to turn over financial records to IRS

FLORIDA - An IRS investigation into the Miccosukee Tribe gained critical momentum Wednesday when a federal judge signaled that he was prepared to order the tribe to release financial records that could reveal a suspected multimillion-dollar spending spree by its former chairman.

Red Hawk operator's revenue, profit tumble

SACRAMENTO - Casino developer and operator Lakes Entertainment  reported a first-half loss of $778,000 on revenue of $11.8 million, down from a $3.8 million profit on revenue of $14.3 million in the first half of 2009.

Ontario lotto places bet on online gambling to stay competitive

TORONTO — The Ontario Lottery and Gaming Corporation announced Tuesday it is introducing legalized online gaming as a way to stay competitive in the gambling market.

Pa. Man Gets 30 Years In Casino Boss Murder

MAYS LANDING, N.J. ―  A Pennsylvania man who admitted gunning down an Atlantic City casino supervisor last year was sentenced Wednesday to 30 years in state prison without parole.

More trouble for embattled Siena Hotel Casino

RENO - More trouble is being uncovered at the Siena Hotel-Casino. A former employee said the casino continued to take healthcare premiums out of their employees' paychecks even after the casino allowed healthcare coverage to lapse.

Two accused of capping bets at Mohegan blackjack table

PENNSYLVANIA - State police have arrested two Scranton men accused of cheating while playing blackjack at the Mohegan Sun at Pocono Downs casino in Plains Township.

Thanks to Green Chip member Mike Keno for providing the above two links.

Ameristar Casinos says it's mulling a sale of the company


ST. LOUIS - Ameristar Casinos is in play. The gaming company, which owns the biggest casino in metro St. Louis, said today that it considering putting itself on the market, as one possible option to "enhance stockholder value."

Thanks to Green Chip member bigplayer for providing the above link.

Mandalay Bay club closes as court allows eviction

Mandalay Bay in Las Vegas has won the right to evict the Rumjungle nightclub there and the club is now closed.

Harrah’s sees $$ in resort-fee anger

Resorts nationwide have jumped on the resort fee bandwagon as a relatively painless way to boost revenue in the name of convenience. In fact, Harrah’s Entertainment — which has denounced the mandatory charges — estimates Las Vegas visitors spent more than $12 million in June alone for bundled amenities such as local calls and gym access.

Game-changing technology at work in dominant sports books ...


LAS VEGAS - Cantor Gaming, which operates the race and sports books at M Resort, the Venetian and Palazzo, offered an interesting statistic recently: The company says the three books are responsible for about 15 percent of the state’s annual sports wagering handle, based on figures from the Gaming Control Board.

... Hard Rock Hotel & Casino Enters Operating Agreement With Cantor Gaming

LAS VEGAS - Hard Rock Hotel & Casino has entered into an operating agreement with Cantor Gaming, an affiliate of leading global financial services firm Cantor Fitzgerald, to serve as the exclusive race and sports book operator. Cantor Gaming will initially integrate its state-of-the-art In-Running technology into Hard Rock Hotel & Casino’s existing race and sports book, with the aim of launching upon regulatory approval.

Loveman Plays `Purely Empirical' Game as Harrah's CEO

Gary Loveman, the chief executive officer of Harrah’s Entertainment Inc., the largest gaming corporation in the world, sees his customers as a set of probabilities wrapped in human flesh.

Judge dismisses antitrust suit against casino credit company


A federal judge on Monday dismissed one of the two antitrust lawsuits filed this year by competitors against Las Vegas-based casino ATM provider Global Cash Access Holdings Inc.

Temecula to file lawsuit over stalled Pechanga funding pact


TEMECULA, CA - A funding standoff between Temecula and the Pechanga Indian tribe is expected to trigger a lawsuit soon that could fracture a close relationship between the pair of neighboring jurisdictions.


The Bear Growls
:
John Ascuaga’s Nugget tells employees to lie to patrons

Long-time Las Vegas-based advantage player, casino critic, and frequent BJ21.com contributor LVBear offers his opinions on things that sometimes go wrong in the world of casinos.  Current and past growls can be read and comments posted at LVBear's website, TheBearGrowls.com

By LVBear
LVBear584@cox.net

We all know lying to the public is part of a normal day for many front-line casino employees. Dealers lie about 6 to 5 blackjack not being as bad as it is, reservations agents lie about the hotel being sold out, pit supervisors lie about not being able to issue certain comps. All of that is expected, and is an unfortunate part of a business whose main function is to extract money from its customers while offering nothing in return.

However, when employees are specifically told by their supervisors to lie about government regulations, the lying has gone too far. See the complaint below, recently filed with the Nevada Gaming Control Board, and originally published on BJ21.com’s Green Chip. For those unfamiliar with the Reno area, JA Nugget is a large, successful casino in Sparks. I like the Nugget, and am dismayed to learn about this despicable practice. If the facts are as stated, let’s hope Gaming agrees that the lying has gone too far, and takes appropriate action to punish the Nugget and the dishonest employees involved:

Complaint for violation of Regulation 5.010 by John Ascuaga’s Nugget

On August 6, 2010, player’s club employee (name deleted here, but is in the complaint) stated that “Gaming regulations” require John Ascuaga’s Nugget to scan a patron’s identification into its computer system before a player’s card can be issued. Obviously, there is no such regulation. When questioned further about it, (the employee) said, “That’s what our supervisors told us to say when someone asks.”

If this employee was being truthful, the supervisors essentially instructed their employees to lie to the public. It is bad enough that the odious practice of copying identification by scanning has become so prevalent, to the detriment of the gaming public. Certainly it is within a licensee’s rights to set such a requirement as a policy or condition of receiving a player’s card. But a licensee instructing frontline employees to outright lie about non-existent government regulations to try to convince patrons to permit such scanning appears to be an unsuitable method of operation, in violation of Regulation 5.010. ...




Pi Yee Press Blackjack Bundle --  Get Professional Blackjack, Blackjack Secrets, and Basic Blackjack for a total price of $39.95.  This is an approximately  20% discount off the normal $49.85 price for the three books.  Order any of the three books. In the Special Instructions section of the order form, specify Blackjack Bundle.  Along with the book you ordered, you will receive the other two books in the same shipment. It's that simple!  Green Chip members get an additional 10% discount.

Professional Blackjack is 350 pages of card-counting advice for beginners to experts. It presents the high-low and the halves. The high-low is the best combination of simplicity and power, and probably is the most popular system used by card counters. Halves is a level-3 system that yields almost perfect estimates of your advantage, information you need to determine your optimal bet size.

Blackjack Secrets is advice for expert card counters, and also a good book for someone who is interested in learning about blackjack but not how to count cards. I know that sounds like a strange combination, but being proficient in counting cards is no guarantee that you will win money in casinos. What good does it do you to be able to count a deck down in 30 seconds and be able to reproduce a table of strategy numbers from memory if you are sending out signals that identify you as a card counter? Blackjack Secrets teaches you how to look like a gambler, how to play a winning game of blackjack without sending up red flags that alert casino management to your skill at the game.

Basic Blackjack presents basic strategy and expected value for almost every unusual rule variation ever offered. Examples of rules covered: no hole card to dealer, doubling down on three or more cards, splitting when there is a bet riding that will go on one hand and not have to be matched with a like bet on the other hand, early surrender, five-card hands can be turned in for a half win, over/under, multiple action, double exposure.

Order any of the three books. In the Special Instructions section of the order form, specify Blackjack Bundle.  Along with the book you ordered, you will receive the other two books in the same shipment. It's that simple!  Green Chip members receive an additional 10% discount.


Beat the Players - Casinos, Cops and the Game Inside the Game  by Bob Nersesian

This book should be read by everyone who sets foot in a casino: average casino patrons, skilled players, casino employees, and anyone else. It should be required reading for police officers, regulators, other public officials, and attorneys who may represent any of the aforementioned. Beat the Players was the subject of a feature in USA Today.

Bob Nersesian is an attorney who represents victims of casino wrongdoing against patrons. In an enjoyable writing style, he takes a look at the often too-cozy relationship between casinos, police, and regulators. He discusses specific cases and dispenses sound, practical advice that patrons, casinos and public officials would be wise to heed. Cases discussed are from Nevada and other jurisdictions.

Chapters include: Your Money or Your Liberty; Scary Cop Statements; They'll Take Your Liberty Anyway; Gaming Agents Speak; The Take of the State; Rules for Casino Patrons; Gambling at the Legal Limits; Cops Hate Card Counters; Griffin Investigations; Casinos Cheat With Impunity; A Judicial and Government Overlay; Finding a Nickel Brings Trouble; Names and Aliases; The Security Office and Surveillance Functions, and Casinos and Cops.

Appendices include Nevada Cheating and Detention Laws with Commentary; Other Nevada Gaming Laws of Interest; Gaming Cases of Interest, and Nevada Gaming Regulations with Commentary.

The 320-page book includes a bibliography and an index.

The price is $19.95 plus shipping (plus sales tax if sent to a Nevada address). Green Chip members get their normal 10% discount      .Order Beat the Players.


BJ21.com  Blackjack, Poker, Craps, other casino-related free message board and Green Chip membership

If you are serious about beating casinos, you like to talk about it once in a while. You like to discuss strategy, and you like to discuss what is going on in casinos you plan to visit. If you are like most of the gamblers of the world, your family and neighbors and coworkers prefer to talk about things other than casino games. If you want to broaden your circle of friends to include more people willing to discuss real casino winning principles, Green Chip is for you.

Request a copy of our free catalog of products and services.
Green Chip members receive complimentary three-month memberships to Blackjack Insider, a blackjack newsletter published monthly by e-mail since 2001, and to  The Dice Institute's   Members Only Forum and Message Board.


Current Blackjack News

On the 1st and 2nd of every month, a couple dozen Pi Yee Press reporters visit casinos around the United States to check on the blackjack rules and playing conditions. Five of those reporters split up Las Vegas and visit every casino in town. Any changes in rules and playing conditions that they find, they email to the CBJN editor, who compiles them into a newsletter that is published late in the afternoon on the 3rd. That report is available as a single issue, your choice of e-mail or regular mail. The price of a single issue is $13 for electronic or $16 for regular mail.  Sample issue of  Current Blackjack News.

You can subscribe to download CBJN from the BJ21 web site. The price is $27 per quarter (three issues) or $89 per year (twelve issues) by Visa/MC/AmEx with automatic renewal. Minimum subscription is one quarter.   Order Current Blackjack News

This free newsletter has been sent to you by: Pi Yee Press, 4855 West Nevso Drive, Las Vegas, NV 89103, phone 702-579-7711.


Don't want to receive our newsletter? Unsubscribe.

Please send an email to webmaster@bj21.com if you have removed your email address, and are still receiving this newsletter.  We do not want you to receive our newsletter if you do not wish to receive it.