East Coast Gambler

Maybe it’s an April fools joke.  Maybe it’s not.  According to @PHVegas on twitter Planet Hollywood will begin using the Total Rewards system on April 1.

We’re rolling out Total Rewards on April 1, so there are plenty of new perks and privileges coming to make our guests feel like celebrities!

Harrahs.com shows Planet Hollywood, but redirects you to the old reservation system and website for Planet Hollywood.  Unfortunately, this may take Planet Hollywood out of my plans for my next Vegas trip.  Oh well.

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New rumor: Harrah’s is buying Palms next.  How can this be possible?  Steve Friess from The Strip Podcast was the first person I saw with this rumor.  After reading his blog and the accompanying Financial Times article it seems as if we have a repeat of how Harrah’s purchased Planet Hollywood.

The piece relies on anonymous sources, albeit more than one, and notes that “the investment points toward a systematic strategy by Harrah’s to acquire other casinos through their distressed debt.”

Friess followed up this with a call to George Maloof, owner of Palms, to get even more information on the subject.

I just hung up with George Maloof, who cast doubt on the Financial Times’ report that Harrah’s has been buying up Palms debt by saying, flat-out: “They’re not going to take over my company. It’s so far remote.”

Great job of digging for info here.  I love the Palms in the same way I love Planet Hollywood.  Maybe it’s the independent nature of those casinos that draws me or maybe it’s the youthful, energetic crowd that both casinos seem to draw.

Mass homogenization of casinos is boring and it seems as if that’s where Las Vegas is heading.  This will create a wider gap for casinos like Wynn/Encore from MGM-Mirage and Harrah’s properties.

There is part of me that will pay for great service and there is another part that loves the comps provided by “The Man.”  I will sit here torn a little as I ponder whether or not I’m going to make it to Harrah’s in Atlantic City.

ALSO: Props to Steve Friess for the info here.  Follow The Strip Podcast on twitter, read the blog for more info and check the podcast.  A great source for Vegas info from a person that’s actually in Vegas.

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Doing a check of video poker inventory in Atlantic City on vpFREE doesn’t show much.  Harrah’s hasn’t been updated this year, while Borgata still has plenty of good machines to play.  Here are some of my findings.

If you’re not familiar with vpFREE, it is a database of video poker pay tables that are updated by video poker players.  It’s a great resource if you play a specific game like me.  I always check to see where the Jacks or Better machines are.

Bally’s (last updated: Feb 10, 10 04:35 AM UTC)

99.54% JoB 1-2-3-4-6-9-25-50-800 JoB (FP)
(2) 25¢ Up in Park Place Video Poker area
(4) 25¢ Up near poker area, towards cashier
(4) $1 Prog Up in Park Place to the right of the big six wheel
(3) $1 3 Play Slant in Diamond Pointe immediately to the left after entering
(1) $1 3 Play Slant in Park Place Video Poker area
(4) $1 1 Play Slant in Park Place Video Poker area
(4) $1, $2 Slant in Park Place Video Poker area
(1) $10 Up in Diamond Pointe
(1) $25 Up in Diamond Pointe

99.17% BP 1-2-3-4-5-8-25-40-80-50-800 BP (FP)
(3) $1 3 Play Slant in Diamond Pointe immediately to the left after entering
(1) $1 3 Play Slant in Park Place Video Poker area
(4) $1, $2 Slant in Park Place Video Poker area
(3) $5 Slant in back of Diamond Pointe
(1) $5 Up in Diamond Pointe
(1) $5 1/3 Play Slant in Diamond Pointe against opposite wall from doorway entrance
(1) $10 Up in Diamond Pointe
(1) $25 Up in Diamond Pointe
(1) 25¢ Slant in Park Place Video Poker area
(9) 25¢ Prog Slant in Park Place to the right of the Big Six Wheel
(7) 25¢ 3 Play Prog Slant in Park Place near Big Six Wheel
(4) $1 Prog Slant in Park Place Video Poker area

99.11% DB 1-1-3-5-7-9-50-80-160-50-800
(4) $1 Slant in Park Place Video Poker area
(1) $5 Up in Diamond Pointe

(3) $5 Slant in the back of Diamond Pointe
99.00% JWD 1-1-4-6-8-10-25-50-100-1000
(5) 25¢ Slant Game King bank in Little Joe’s (WWW) 2nd Row from back wall
(3) 25¢ Up non-smoking section of Park Place Poker just opposite the casino host desk

Borgata (last updated: Feb 10, 10 04:35 AM UTC)

99.54% JoB 1-2-3-4-6-9-25-50-800 JoB (FP)
(14) 25¢ Slant (Panel says Joker Poker) near the buffet
(6) 25¢ Up (Panel says Joker Wild Poker) between buffet & box office by the ATM
(4)  25¢ Slant in video poker area near the buffet
(8) 25¢ Up by high energy slots (one side of bank is 8/5, other side is 9/6)
(13) 25¢, 50¢, $1 Slant (various names on them – including Either way Royals, Triple Bonus Plus, Draw Poker) These are the next bank up from a huge sign that says Joker Poker – that bank is all 8/5’s between B-bar and the new section of the Borgata
(14) 25¢, 50¢, $1 Slant near buffet
(6) 25¢ Up just into new section of casino by change booth
(10) 25¢, 50¢ Slant (2 panels say draw poker, 8 say Joker Wild Poker) just outside of B-bar entrance
(11) 25¢, 50¢, $1 @ the B-bar
(6) 50¢ Slant (panel says Draw Poker) 2 Banks into the new section going from B-bar to Wolfgang Pucks
(10) $1, $2, $5 @ the B-bar
(4) $1, $2 Slant near the high-limit area
(6) $2, $5 Slant in high-limit area
(6) $5, $10 Slant in high-limit area
(4) $10, $25 Slant in high-limit area99.17% BP 1-2-3-4-5-8-25-40-80-50-800 BP (FP)
(3) $1, $2 Slant outside high-limit area next to roulette tables

98.98% DDB 1-1-3-4-6-9-50-80-160-160-400-50-800 DDB (FP)
(4) 25¢ Slant in video poker area near the buffet
(6) $1, $2 next to main cashier at ends of $1 bank

97.25% DJW 1-2-3-3-3-5-8-10-25-800-2000(11) 25¢, 50¢, $1 @ the B-bar
(10) $1, $2, $5 @ the B-bar
(5) 25¢, 50¢, $1 located between the Italian restaurant and The Salon ( High Limit Table Area )

Caesars (last updated: Dec 07, 09 03:39 AM UTC)

99.54% JoB 1-2-3-4-6-9-25-50-800 JoB (FP)
(7) 25¢ Prog Slant behind escalator near the Emperor’s Club
(3) $1, $2, $5 Slant about 3 rows past BJ tables as you walk towards Pacific Avenue
$2 Slant $2 Game Kings in high-limit room

99.11% DB 1-1-3-5-7-9-50-80-160-50-800
(2) 25¢ Up on the rear right wall near the race book. Some on this row are short pay

98.98% DDB 1-1-3-4-6-9-50-80-160-160-400-50-800 DDB (FP)
(5) $1, $2, $5 Slant in middle of casino near mens rooom on left

Harrah’s (last updated: Sep 14, 09 08:14 PM UTC)

99.54% JoB 1-2-3-4-6-9-25-50-800 JoB (FP)
(4) $1, $2 Slant in Diamond Cove
(3) $5, $10 Slant in Diamond Cove
(2) 25¢, 50¢, $1 Up near the Xhibition Bar (2 of three in group)
(1) 25¢, 50¢, $1, $2 Up near the Xhibition Bar (1 of three in group)

98.98% DDB 1-1-3-4-6-9-50-80-160-160-400-50-800 DDB (FP)
(8) $1 Prog Up around a circle to the left of Xhibition Bar (with your back to women’s bathroom)
(2) 25¢, 50¢, $1 Up near the Xhibition Bar (2 of three in group)
(1) 25¢, 50¢, $1, $2 Up near the Xhibition Bar (1 of three in group)
(10) 25¢, 50¢, $1 Third carousel down from Total Rewards booth w/”World Series of Poker” sign

97.30% JoB 1-2-3-4-5-8-25-50-800
(8) $1 Prog Up around a circle to the left of Xhibition Bar (with your back to women’s bathroom)

These are the casinos that I will probably visit on my next trip.  To see all of the pay tables at the east coast casinos, head over to vpFREE.

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Still dealing with bankruptcy, Trump Resorts in Atlantic City is reconsidering the possibility of selling Trump marina.

In testimony Wednesday, Trump Entertainment’s financial adviser said Trump Marina’s sale would help stabilize the company amid declining revenue and lower earnings projections. He predicted a deal with Fields would be completed by the end of 2011, if not sooner.

“It is our strong belief that the Marina will be sold,” said Andrew Yearley, managing director at Lazard Freres & Co. “They will find a way to sell that asset. There is a legitimate buyer out there.”

This could also still be an option that Carl Icahn had in mind if he wins the battle for the Trump casinos.  The article also mentions that if Icahn were to get control of Trump casinos that he would keep Taj Mahal and try to sell Trump Marina and Trump Plaza.

There is hopes for the Parrotheads after all!  Now, things get interesting.

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I like to play slot machines and I know that the lower the denomination put in, the lower the payout.  I like to think of myself as a somewhat intelligent gambler.  Well, when it comes to the loud noises and bright lights of penny slots I become zombie-like and move forward slobbering for a new penny slot.

Dr. Dave Schwartz at Die Is Cast has a breakdown of which slots are most played and make the most money.  The answer this year is penny slots.

The information is from Las Vegas and I’ve certainly contributed a few bucks to the totals for 2009.  Dr. Dave has more information on the subject and economy on Die is Cast.

Even though I know penny slots will take my money, I’m pretty sure I’ll keep on playing.  Thankfully I have the one bill rule per slot now to quell my losses.

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Revel is being allowed the possibility of receiving $300 million in tax breaks should they complete construction on the casino that’s about half way done in Atlantic City.

In a move that caught opponents by surprise, New Jersey senators voted Monday to ensure that hundreds of millions of dollars in tax breaks for the Revel Entertainment Group’s Atlantic City casino project cannot be overturned by public petition.

Sure tax breaks for corporations aren’t nice to look at on the surface, but the Atlantic City casino market needs Revel to be completed to compete with the increased competition it’s facing from the surrounding states.  If the casino was not completed New Jersey would never see a penny in casino, real estate and other taxes.  This is a smart, aggressive move by New Jersey.  Something you don’t see very often.

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