Atlantic City casinos have been taking a higher percentage of money since 2001 as per a study by Dr. Dave Schwartz at UNLV Gaming.  In fact, slots in Atlantic City are at their highest hold percentages since 1993.

Casinos in Atlantic City aren’t holding as much from slot machines as they did in the 80′s, but the fact remains that casinos are slowly taking on a little money (by percentage) each year.

For the complete study, and other similar studies, head over to the Center for Gaming Research.

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Lots of good stuff this week on ECG.  I’m going to slowly start ECG 4.0 in the next few weeks.  I’m going to try to do this behind the scenes, but my lack of programming skills may not allow that.  So if the site looks as if it’s under construction then it probably is.  This won’t effect the blog updates, but some features may go away.

Feel free to email me if there’s something you’d like to see on the next version of ECG or if you have an idea for a logo.  You can reach me than [eastcoastgambler] at [gmail] dot [com].

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Buy Bringing Down The House

Buy 21

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The time has come for advertisers to find another way into your head.  It was only a matter of time before idle slot and video poker machines at your favorite casino had ads running.

Enter Reel-TV, a Henderson company that has patented technology enabling television ads and other marketing messages to appear on slot machine video screens while not in use. Last month, frosty bottles of Bud Light began materializing on video poker screens inside the main entrance of the Palms, like hallucinations induced by the desert heat.

Over the past few years advertisements have popped up in almost every free space marketers can find.  No area is sacred anymore.  This shouldn’t surprise anyone.  Like TV’s in supermarket lines, I expect to see this spread rapidly, so get ready for ads and casino promos everywhere you look in a casino.

Photo: Brandweek

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Going into my solo adventure to Las Vegas I thought that I would end up gambling a little more than I would if I was with friends.  I met that expectation.

Being with out anyone else to consider I found myself wandering to just about any slot machine that looked remotely entertaining.  That was both good and bad.

Munny was located on the edge of the walkway to the rooms at the Palazzo.  I put $20 in and left with $50.  This is a 5 reel penny slot. There were tons of line combinations, but all that really mattered were the bonuses.  The big bonus set free a lotto ping pong ball scene.  Each ball had a multiplier.  I got a couple of 10x balls and bingo!  I played this game a few times and ended up positive each time.

I played a lot of slots in all denominations with unspectacular results, but not awful results.  I played my new favorite Time Machine at Palazzo, a new version of Top Dollar at Wynn and many more.

By definition, slots include video poker.  I played a good amount of video poker too and couldn’t hit the broad side of a barn.  There were some nice wins like 25 straights playing multi-video poker at Planet Hollywood.

Unfortunately there was nothing better than 8/5 Jacks or Better anywhere I played.  I did pretty well on my last trip to Vegas playing 8/5 JoB…

..this trip to Vegas was the complete opposite.  It happens.  It’s time to move away from machines to the tables.

Let It Ride
My greatest session gambling was a win of a couple hundred dollars in Let It Ride.  I haven’t played Let It Ride in a while and didn’t have much of an idea what I was doing.  Maybe that’s the trick.

Sports Betting
The best gambling for me this trip was sports betting.  I won about 8 of 10 games.  I only wish there were more games that were that I felt strongly about.  I spent a good amount of time at Legasse Stadium and I can’t wait to get this TV setup in my house.  Someday…

Blackjack Switch and Blackjack
Wynn was a second home for me and I played slots, bet on games and played Blackjack Switch for the second time.  Being sober helped a lot as I almost doubled my money in about 15 minutes.  Not too shabby.

Blackjack is always the same for me.  Up and down, up and down.  I did have a great time playing blackjack at the Palazzo on my final night.  I went to a table to play alone, but that changed quickly as the table filled with a variety of fun people.  I doubled my money and even spotted comedian, Brad Garrett, across the way!

3 Card Poker
My worst gambling came playing 3 card poker.  I did not have a winning session or even a big hand.  My experience in 3CP was so bad I had to stop playing.

My downfall at 3 Card Poker began at Planet Hollywood where I fell prey to extremely hot dealers and plenty of vodka in the Pleasure Pit.  I wasn’t in the section with Go-Go Dancers.  That’s a bit too distracting.

I had a great time playing at the Pleasure Pit.  The music, other players  and dealers were all fun.  Drink service, to no surprise, was very quick.

I’ve had a pretty good year and a half run gambling.  I may have gotten a little reckless gambling alone, but I gamble to have fun and I succeeded at that.  Moving forward I have to get back to smart gambling.

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Atlantic City has put a deadline of Thursday April 8 for people to cash in their winning slot and keno tickets.  Video Poker is considered a slot machine, so consider those tickets included here.

“The $14 million is the total amount of all unredeemed slot vouchers. Many are for nominal amounts,” commission spokesman Daniel Heneghan said. “I’ve been told that some are for as little as a penny. They are for very small amounts that customers, for whatever reason, never cashed in.”

The 11 casinos will split $7 million among them. However, the amount each casino receives will not be disclosed because the information is considered proprietary, Heneghan said.

The remaining $7 million will be deposited in the state Casino Revenue Fund, the pool of money that finances social programs for New Jersey’s senior citizens and disabled residents.

I’m sure I’ve contributed a few dollars to this fund.  I’ll usually save my tickets and combine them if I’m staying at the casino for a while, but I often just eave my losing penny slot tickets near a slot or in the trash.

I did learn on thing from this article.  I didn’t realize that there were specific programs that casino taxes funded.  Nice to know where my money is going.

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