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The next Detroit: The catastrophic collapse of Atlantic City

With the closure of almost half of Atlantic City's casinos, Newark set to vote on gambling and casinos or racinos in almost every state, it seems as if the reasons for the very existence of Atlantic City are in serious jeopardy.
Israel Joffe
Atlantic City, once a major vacation spot during the roaring 20s and 1930s, as seen on HBOs Boardwalk Empire, collapsed when cheap air fare became the norm and people had no reason to head to the many beach town resorts on the East Coast. Within a few decades, the city, known for being an ‘oasis of sin’ during the prohibition era, fell into serious decline and dilapidation.
New Jersey officials felt the only way to bring Atlantic City back from the brink of disaster would be to legalize gambling. Atlantic City’s first casino, Resorts, first opened its doors in 1978. People stood shoulder to shoulder, packed into the hotel as gambling officially made its way to the East Coast. Folks in the East Coast didn't have to make a special trip all the way to Vegas in order to enjoy some craps, slots, roulette and more.
As time wore on, Atlantic City became the premier gambling spots in the country.
While detractors felt that the area still remained poor and dilapidated, officials were quick to point out that the casinos didn't bring the mass gentrification to Atlantic City as much as they hoped but the billions of dollars in revenue and thousands of jobs for the surrounding communities was well worth it.
Atlantic City developed a reputation as more of a short-stay ‘day-cation’ type of place, yet managed to stand firm against the 'adult playground' and 'entertainment capital of the world' Las Vegas.
Through-out the 1980s, Atlantic City would become an integral part of American pop culture as a place for east coast residents to gamble, watch boxing, wrestling, concerts and other sporting events.
However in the late 1980s, a landmark ruling considered Native-American reservations to be sovereign entities not bound by state law. It was the first potential threat to the iron grip Atlantic City and Vegas had on the gambling and entertainment industry.
Huge 'mega casinos' were built on reservations that rivaled Atlantic City and Vegas. In turn, Vegas built even more impressive casinos.
Atlantic City, in an attempt to make the city more appealing to the ‘big whale’ millionaire and billionaire gamblers, and in effort to move away from its ‘seedy’ reputation, built the luxurious Borgata casino in 2003. Harrah’s created a billion dollar extension and other casinos in the area went through serious renovations and re-branded themselves.
It seemed as if the bite that the Native American casinos took out of AC and Vegas’ profits was negligible and that the dominance of those two cities in the world of gambling would remain unchallenged.
Then Macau, formally a colony of Portugal, was handed back to the Chinese in 1999. The gambling industry there had been operated under a government-issued monopoly license by Stanley Ho's Sociedade de Turismo e Diversões de Macau. The monopoly was ended in 2002 and several casino owners from Las Vegas attempted to enter the market.
Under the one country, two systems policy, the territory remained virtually unchanged aside from mega casinos popping up everywhere. All the rich ‘whales’ from the far east had no reason anymore to go to the United States to spend their money.
Then came the biggest threat.
As revenue from dog and horse racing tracks around the United States dried up, government officials needed a way to bring back jobs and revitalize the surrounding communities. Slot machines in race tracks started in Iowa in 1994 but took off in 2004 when Pennsylvania introduced ‘Racinos’ in an effort to reduce property taxes for the state and to help depressed areas bounce back.
As of 2013, racinos were legal in ten states: Delaware, Louisiana, Maine, New Mexico, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, and West Virginia with more expected in 2015.
Tracks like Delaware Park and West Virginia's Mountaineer Park, once considered places where local degenerates bet on broken-down nags in claiming races, are now among the wealthiest tracks around, with the best races.
The famous Aqueduct race track in Queens, NY, once facing an uncertain future, now possesses the most profitable casino in the United States.
From June 2012 to June 2013, Aqueduct matched a quarter of Atlantic City's total gaming revenue from its dozen casinos: $729.2 million compared with A.C.'s $2.9 billion. It has taken an estimated 15 percent hit on New Jersey casino revenue and climbing.
And it isn't just Aqueduct that's taking business away from them. Atlantic City's closest major city, Philadelphia, only 35-40 minutes away, and one of the largest cities in America, now has a casino that has contributed heavily to the decline in gamers visiting the area.
New Jersey is the third state in the U.S. to have authorized internet gambling. However, these online casinos are owned and controlled by Atlantic City casinos in an effort to boost profits in the face of fierce competition.
California, Hawaii, Illinois, Iowa, Massachusetts, Mississippi, Pennsylvania and Texas are hoping to join Delaware, Nevada, New Jersey and the U.S. Virgin Islands in offering online gambling to their residents.
With this in mind, it seems the very niche that Atlantic City once offered as a gambling and entertainment hub for east coast residents is heading toward the dustbin of history.
Time will tell if this city will end up like Detroit. However, the fact that they are losing their biggest industry to major competition, much like Detroit did, with depressed housing, casinos bankrupting/closing and businesses fleeing , it all makes Atlantic City’s fate seem eerily similar.
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The data on casino trends is going towards online casinos

The web's capability to blur limits and society's approval of gambling establishment gambling and sports wagering eventually clarified the disparities and loopholes of American gambling laws. From the makeshift sports book stalls in Nevada, the majority of sports wagering activities moved operations and made use of the possibilities of the online world in the mid-1990s. At present, there are numerous online video gaming websites accommodating sports wagering and gambling establishment gambling based in nations like Jamaica, Costa Rica, and Ireland.

In spite of overseas-based operations, the lion's share of the earnings and customers of these websites originate from American states. In fact, current research studies reveal that these online gambling establishment gambling and sports wagering websites make more than legal gambling establishments running in Nevada. The earnings of online gambling and wagering websites are approximated at $70 billion for 2005 alone. This is a shocking quantity compared to the reported $2 billion from Nevada gambling establishments. This suffices to topple the three-decade reign of Nevada gambling establishments from the 60's to the early 90's. Thinking about that sports book and gambling establishment websites have actually been running for less than 20 years, they are plainly a risk to the prospering Nevada gambling scene.

For years, Las Vegas is the only location legal for gambling operations. Atlantic City did the same and made gambling establishment gambling legal; the following years saw the expansion of state lottery games, card clubs, video gaming ships, Indian gambling establishments, and off-track wagering hair salons throughout the country. However still, these advancements are insufficient to take on online gambling. The market of online gambling is not even swayed by strong opposition from legal United States gambling establishments. The gambling laws of the United States of America do not assist, too. They differ commonly from the various states. Many states prohibit all kinds of gambling while some make exceptions. Disparities like these make it simple for online operators to discover and utilize loopholes in the law. The American Video gaming Association keeps a protective stand concerning online gambling. The association promotes federal laws on the policy of online gambling. According to them, the uncontrolled nature of the online gambling market is its benefit over conventional gambling establishments; managing it puts both camps on even footing.

However in spite of this stand, some Nevada gambling establishments are following the old stand-by: if you can not beat them, join them. November 1998 saw the start of a brand-new pattern; conventional gambling establishments began obtaining off-shore online gambling establishment gambling business to enhance their earnings. An affiliate of the Hilton Hotels soaked up the Australian sports book slot deposit pulsa. Other Nevada gambling establishments followed and this cycle once again generated a brand-new barrage of disputes.

Contrary to their earlier dislike of the online gambling market, the conventional gambling establishments set their sights greater. They are now pressing the Congress to pass a law that legislates online gambling. This is performed in an effort to lower production expenses; legalization implies that they might now move their operations in the United States. Harrah's and MGM Mirage, the two leading gambling establishments in Nevada and unquestionably owning their own online gambling websites, lead the gambling establishments in asking for the guideline of online video gaming. Plainly, this relocation asking for guideline does not plan to put conventional gambling establishments at par with online websites any longer. The competitors moved in between independent online websites and Nevada casino-owned websites. A transfer to control translates to double revenues for the Nevada gambling establishments.

Whatever comes out of this brand-new advancement in gambling establishment gambling, players are still guaranteed of their gambling repair. Potentially, if the suggested guideline is authorized, there would be more security in wagering online because it is now under United States laws. Like previously, gambling establishment gambling shows itself to be a vibrant and ever-changing market.
submitted by AccomplishedWelder4 to GamblingHall [link] [comments]

Does anyone have a really good recipe for extremely thick, dry rice pudding?

The best rice pudding I ever ate was at the harrahs casino buffet in Atlantic city. I literally go for the rice pudding and I've never found it like that anywhere else. It's almost like oatmeal that has had way too little water put into it (which, coincidentally, I also like). It's extremely thick, like you could scoop it up with a slotted spoon and nothing would drip. Every recipe I look for online makes it look really creamy and rich but not thick like that. Does anyone have any similar preference and if so, do you have a good recipe??
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(LONG) The Ultimate Trip Report: 7.5 Action-Packed Days in Mid-October. Lots of Budget-Friendly Activities!

Just returned from the most epic week in Las Vegas with my husband! We budgeted about $1000 per person for the week, all expenses included. We went over by a couple hundred in the end. We planned a lot of activities and sightseeing in advance to avoid gambling too much out of boredom. We weren't very lucky at anything except blackjack, but we were able to leave Vegas at only $40 in the hole between the two us, which I consider a moderate success! And we weren't bored for a minute!
Day 1 (Wed 10/19)
Day 2 (Thurs 10/20)
Day 3 (Fri 10/21)
Day 4 (10/22)
Day 5 (Sun 10/23)
Day 6 (Mon 10/24)
Day 7 (Tues 10/25)
Day 8 (Wed 10/26)
Thanks for reading! I might try to come back and add some pictures and links here as I get the chance. Feel free to ask me about anything we did!
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Played Craps for the first time... walked away a winner.

Was in NOLA for a bachelor party and went to Harrah's casino. I had played online craps before but was still fairly new to the game. Didn't know you couldn't hand the dealer the cash so he just told me to play the pass line.
Walked in with $100 on a $25 table minimum and lost $50 in 2 minutes. Eventually, I was betting on the pass line, 6, and 8 and didn't know my bet stayed there until i wanted it back or got craps'd out.
Walked away with over $1000. I'm hooked... too bad I'm nowhere near a casino since I live in Texas.
edit: I have been to a slots only casino before (walked away a winner there too) and I promised myself i wouldn't play slots if I ever went to a casino that had table games; especially craps since I heard Craps was fun and gave you a good chance at winning. The bachelor party trip ended up paying for itself and then some.
submitted by Y2Me to Craps [link] [comments]

[Table] IamA marketing executive at a casino AMA!

Verified? (This bot cannot verify AMAs just yet)
Date: 2014-05-07
Link to submission (Has self-text)
Questions Answers
So if he was making more than 500k it would be okay in your book? That's pretty messed up. Seems like I'd be even more of a piece of shit if I was that successful.
Are you involved much with the general goings on of the casino? If so, what goes through your head when you see huge amounts of money being gambled away by someone who doesnt know when to walk away? Yes, I'm an executive so I'm in touch with most everything that goes on. Most of the time when I see something like that, I just say "good for us" and try not to think about whether or not the person can afford it or not.
How much do you make a year? Unless you are making like $500,000+, then you are a piece of shit. you are destroying thousands of people's lives so that you can make a living and afford your bmw and other status symbols. I don't make $500K a year so I guess that makes me a piece of shit.
What is the worst most tasteless thing you or the casino in general did to make money? I, obviously, like to think I'm uber classy. But in general I think paycheck cashing promotions are pretty tasteless. E.g., Cash your paycheck and get 5% of the total value in free slot play.
Can you ELi5? Sorry, to me that just sounds like you hand over your $1000 you earned, and get back $50? Which seems wrong...? Or do you get an extra $50? Hmmm... Thoroughly confused myself. Let's say your check is $1,000. The casino will cash your check and then also give you $50 in promotional credits to be used on the slot machines. The idea is that since we've given you some "free" money to begin playing the machines you will also dip into the $1,000 cash that we also handed you.
Are there any clauses that prevent you from just spending the $50 in free bets and cashing out the $1k without actually playing with it? No, you get the $1K in cash and the $50 can only be used in the slot machine. I've done this once when I started my new job and my direct deposit wasn't set up yet so they issued me a live check.
How many people just walk directly out of the casino after cashing the check with their 5% bonus? I don't know, I've never run this promotion but generally speaking when we give away promotional credits, the "walk rate" is in the 25% range.
How often do you go to the strip clubs in vegas? If you go how much do you spend? Do you get treated better if they know what your job is? I really don't like them so not often unless someone is in town that wants to go. I don't have a moral objection, just think it's a waste. "Hey do you like to eat steak? Give me $20 to smell this delicious steak! No, you can't try it!!!".
So that having been said, I might spend $20 to give to the girls on the stage and maybe a lap dance.
No, I don't get treated better because of my title really. They usually just care about how much money you spend and that's it.
What are some sneaky strategies that you use to get people to spend more money? I don't mean obvious things like having ATMs...but things related specifically to gambling.. Ummm... Off the top of my head I think the sneakiest thing is probably side bets on table games (e.g., play an extra $5 and if your two cards are a pair then you win $25) because the odds are terrible or things like advertising low table game limits but modifying the rules (e.g., blackjack pays 6:5 vs 3:2) to increase the house advantage.
Some casino customers are super cheap and only play $1 Blackjack. Others are whales and the casino spends a lot of money to attract them, but they are rare. Somewhere in between, I imagine, there are customers who spend a significant amount and exist in numbers to make most of the casino's profits. First, we quantify most everything by "theoretical worth". That is, how much we can expect to win from you based on the house advantage of the game you play and how long you play. The general formula is decisions per hour X house advantage X hours played X average bet. So, $25/hand at blackjack X 1.5% house advantage X 2 hours played X 60 decisions per hour = $45 in theoretical worth.
Is that true? How much does a "bread and butter" customer gamble in a day? Second, It really depends on the particular property. The number is a lot higher for Wynn then it would be at Joker's Wild (a really, really dumpy casino on the outskirts of Vegas). That having been said, most places will be very happy to have you if you are in the $150-300 a day in theoretical worth range.
That sounds pretty affordable. Assuming a 30% comp return I guess that comes out to $50-90 in comps a day. 30% includes the stuff we send you in the mail generally too so at the $300 range you could expect a room and a meal a day.
What kind of awful rules are you using to have a 1.5% house advantage, or is that number based on the average player being really terrible? How much in comps would I actually generate for two hours of $25 a hand Blackjack? I just threw the 1.5 number out there. We also factor in skill into house advantage so as to be more favorable to the player, comp wise. comp wise we'd probably give you 15% of the $45, or $6.75. That's just in what we call discretionary comps that the pit supervisor or host can give you. Then you could expect another 30% in the mail via free bets, hotel, food, etc.
I guess you need to register with the casino loyalty club so you know what we are spending. Correct.
I currently reside in Arizona, where you can't swing a dead cat without hitting an Indian reservation and - as a result - a casino. Well I've worked all over the country and, yes, of course we always keep an eye out on new competition that would impact our existing customer base, especially as the business has seen much more legalization in new jurisdictions in the past 20 years.
The casino/resorts are getting increasingly sophisticated. Better facilities, better entertainment, and better marketing. For Vegas, I think most strip properties have dealt with this by investing in properties in regional markets so as to send their customers to their Vegas properties so it is pretty accretive. Someone from Harrah's Ak-Chin in the Phoenix area gets offers from Harrah's Las Vegas quite often.
Is this something the Vegas casinos consider a rising threat, welcome competition, or something else? How do you - as a marketing guy - react to the fact that a trip to a casino no longer necessarily means a trip to Nevada or New Jersey? The bigger problem really is for the markets where they were a monopoly for some time and really rested on their laurels. Reno and Atlantic City come to mind. Those markets are dying fast and there really isn't much upside. In Atlantic City, for example, you have casinos buying competitors just to close them so as to reduce the inventory.
What really happens when somebody wins on a slot machine? Like, what is the behind the scenes stuff that we don't see? Are they checking out the cameras to make sure it was that specific person before they payout? What if you switch seats? What if an underage gambler wins?... What if they switch seats with an of-age gambler?? Honestly, I've never done that, but I've always wondered the underage stuff because I've never ever got carded on slots! I've won hand-pays before (nothing really exciting) and they always hit me with the tax form. What do you guys do with the tax form? Does it get sent out from you guys or does it remain my responsibility from thereon? I worked as a slot analyst (analyzing machine performance) years ago and never on the floor so I don't know/remember the exact steps. Essentially, though, it's verifying that the machine is functioning properly and recording the details of the jackpot for audit/regulators. If it is a taxable jackpot ( >= $1,200) then we are required to fill out the IRS W2G form to report it to them for tax purposes so at that point we have to get your ID, etc. to facilitate that. Then of course, there is the matter of actually paying you the money, verifying that it is the correct amount, etc. The tax form does get sent to the IRS. You can request the taxes not be taken out of your jackpot as you are only taxed on the net win at the end of the year.
How did you get involved in the casino bussiness? 1/2.) Just needed a job and applied to a very entry level job and worked my way up.
Did you set out to work at one or did it come about another way? 3.) It can be fun and exciting.
What do you enjoy most about your job? Least? 4.) There's a lot of pressure to make money/meet your budget so all of the bullshit that goes along with that. Dealing with politics, having to adjust staffing, etc. And I don't like that at my level the usual tenure is 2-3 years so you move around a lot. I'd like to be more settled, especially in a place I'd really want to live for a long time and I don't feel like I have much control of that in this business.
1) When you talk about being moved around a lot, is that relating to being moved around in what you do at a particular casino? or more like which casino your working at? 2) Do you feel that your skills at this current job gives you fallback options should your tenure run out? ( Such as in other service based industries?) 1.) I mean there is only one of me at every casino so if something happens whether I don't like where I work or what something different (e.g., more money) or they don't like me (shocking, it happens!) then the likelihood that I have to move is high, especially if I'm in a city that only has a handful of casinos. 2.) I obviously feel like my skills could take me anywhere! But in reality, it has been tough to change industries when I've tried. Usually places like hotels don't pay as much as casinos and look for more sales-related skills and restaurants don't really have marketing people except at the corporate office whereas my skills are more analytics-oriented. And both usually pay less than casinos.
time I went to Vegas (around 30 years ago) it still had that "mob" vibe. When I got married there in the 90s (I joke now that I gambled on marriage in Vegas and lost half my stuff) it was much more "corporate" and "family friendly." The "What Happens in Vegas" campaign seemed to try and change that perception. Do you think there's value in returning Vegas to a more "wise guy" kind of feel...playing up the classic vibe, or is it just a big collection of theme parks with gambling? The problem with returning to that type of vibe is that it's difficult/impossible given how big the casinos are. Sure it was easy for Benny Binion to control everything and not be "corporate" when the old Horseshoe was literally 1/10th the size of MGM Grand.
What was UNLV like? Did you live in the dorms? It seems like a strange school where everyone commutes and there's no college life around the campus. What are the pros and cons of going there? I went there for grad school so was older and had a wife and a house. It is definitely a commuter school so there's not a lot of school spirit. I went to undergrad a school with a huge, huge, huge, football program so it was a bit of a change for me. I also didn't find the students to be terribly bright (with exceptions, of course). On the upside, a lot of people like living in Vegas and the Hotel Administration College (where I went) has very, very good brand recognition.
Do you find people have lots of misconceptions about the casino industry? That the games are rigged and that we love giving away a lot for nothing/little in return are probably the two biggest.
So what's up with prostitutes and the casinos? I understand that prostitution is illegal in Vegas, but that they're still there. Is it like the movies, where they're just hanging out in the casino bars waiting to be picked up? Yes, they hang out at the bars and then there are services you can call and have them sent to your room. If it's overt, casino security will clear them out of the bar area but the vice cops generally focus on human trafficking kind of stuff.
As an insider, what do you think the job prospects are in the industry for someone with a similar education background, but no casino experience? 1.) The industry relies heavily on industry experience so job prospects are good if you're willing to start in a low position and work you're way up. If you go to UNLV and get the degree I got and expect for some casino to make you a Director of VP with no experience then you're going to be very disappointed.
Is that just bizarre luck? 2.) Bizarre luck.
What does the industry think about states with Indian reservations that prohibit casinos like Texas? 3.) Definitely potential opportunity. I've read about that small tribe in Texas. It'll happen eventually in Texas. The people in Louisiana will not be happy, though.
Is it viewed as a potential opportunity for growth with a small tribe, more competition, or a wedge to open the state to gambling? 4.) No problem!
For every average person out there, would you suggest not playing? I mean, in the sense that, it's just not a viable option? Viable for what? Making consistent money? Then definitely not. If you are entertained by thrill of gambling and have the discretionary funds to do it, then by all means.
Aw okay! cool. Any idea why people do it? Is it just a thrill? Would being a "whale", make more of a difference? For the people that do it for entertainment, it's the thrill of anticipation.
Was it hard getting a job with such a detailed degree? My undergrad degree is pretty bland, political science, so it wasn't hard at first. I did my grad degree in casino management because I was living in Vegas, wanted to get an MBA, didn't want to take 2 years off from work to get a full-time degree, didn't have the support of my job to get an executive MBA, and didn't like UNLV's MBA program.
EDIT: Thanks for answering my first AMA question! Really good answer too! NP! Keep asking away!
What's your favorite aspect of your job? And do you like to gamble yourself? 1.) It can be exciting. Picking new acts to play in your showroom seems more exciting to me than selling propane. 2.) Yes...
What is the best way for tourist to get the best bang for buck in your casino for entertainment, food, gambling etc to have a good time and not go broke? I'm currently working at a Vegas strip property.
If you can answer in terms of Vegas, that would be great also. Unless you have something more specific in mind, the first place I'd direct you to is the Las Vegas Advisor Top 10 Deals List.
With legal online poker gaining momentum which might mean eventual legal online gambling for other house games online; are the casinos doing what they can to kill this before it starts or your thoughts on this? Las Vegas Sands / Venetian is actively trying to kill it (which I don't really understand) but everyone just sees it as a means to make more money so are ready to pounce when it's legal.
I don't know if you're still answering questions, but what are the qualifications for being, say, a Texas Hold'em Dealer in Vegas, specifically your casino, and are the dealers specific to just one game? I.e. omaha, hold 'em, pai gow, stud... Also, without being too specific, what is the average annual income for said occupation? Are the dealers payed solely by tips/do they get to keep all tips? 1.) Generally there are poker dealers and table games (e.g., blackjack) dealers. Few do both. Among the table games dealers, most know multiple games as the more you know the more hirable you are. In terms of the qualifications it's just that you've gone to some sort of dealer school (there are commercial ones and some casinos do it in-house), experience, and a live audition. 2.) Really depends on the market and the casino. At the high end like Wynn or Venetian they will do close to $100K/year but at an entry-level place it could be more like $25K/year. It's base salary plus pooled tips (aka tokes).
3.) You've never thought of dealing the WSOP? They need as many dealers as they can find.
Do Casino's design their decor for different target groups? Of course. Hard Rock and Cosmo are designed for younger demographics and Wynn and Venetian for older affluent ones.
I find all Casino's to be outright horrible to my senses due to the noise/flashing lights. Encore and the new Barrymore are definitely designed for the Asian gambler. And you'd, obviously, have to assume the casinos in Macau are, too, although I've never been.
Could you describe your typical work day? also I've had some great times a Joker's Wild! Ha! I honed my dice skills at JW!
Typical work day is get to work and look at the previous day's financial results and react accordingly. I.e., ask the analysts to pull numbers, talk to the head of a certain department about their opinion on something, etc.
Emails emails emails.
Then it's usually a lot of meetings about upcoming things whether it be planning an event, approving new advertising, doing the strategic planning for the property for 2015, meeting with vendors, etc.
Emails emails emails.
By this time the numbers or reports I've asked to be run are ready so I sit down and look at them and act accordingly (e.g., hey, looks like we're spending too much on postage to mail to customers too far away, let's change the way we do this for next time), etc.
Emails emails emails.
Then it's usually time to go home but 2-3 times a week I'll have a dinner or event to go to with a vendor or colleague or someone from the press.
Emails emails emails.
Probably 2-3 Saturdays a month I'll go in and work for a few hours just to catch up on stuff or if there's an event to meet and greet players, make sure everything is going well, etc.
Emails emails emails.
Has the rise of 6:5 blackjack been hurting the game's popularity, or are there enough people who don't "get" the odds change (or don't care) that it all works out in the end? Is the odds change enough to swing the game back in the casino's favor in the long run even if players count cards? And what about continuous shuffling machines: have any of the casinos you've been with used them, and how did the players react? The masses don't care about either especially if you're able to offer low limits. The limit and the number of decks is what attracts people to a bj game. Still never going to allow counting.
Is is harder to get jobs in the background or management functions of the casino? Well certainly there are more what we call "front of house" positions (dealers, porters, servers, bartenders, etc.) than "back of house" positions (accountants, IT, warehouse, etc.) so in terms of pure numbers, yes it's easier to get -any- FOH than -any- BOH position.
I'm an IT grad looking to move back to Vegas and wondered if there were more "non-floor" jobs than actually functional jobs. That having been said, if you're wanting an IT position shouldn't be too hard if you're willing to work anywhere and have a little experience. If you're wanting to just jump into the CIO job at Bellagio, more difficult.
Great! thank you. I've got about 8 years under my belt, but dear god...no CIO for me. This really eased my worry about options. thanks. You should be OK as long as you're not too picky.
Just how rigged are the automatic roulette machines? They aren't. The games have to go through pretty rigorous testing by the state or an agency of the state to be allowed to be sold. Gaming Labs International is one such company.
I would think that SEO campaigns and similar web based marketing would be ineffective techniques for a casino in a place like Las Vegas. Is this the case? I know I'm quite late but I would love to know if you have time. We definitely do SEO/SEM campaigns but primarily for hotel related keywords for people looking for hotel rooms. I worked at a place a little outside of the main city in the south one time and we'd buy broader search terms for people looking for "entertainment in main city" in case they didn't know there was a casino nearby.
Thanks for the response. I was just curious about engaging people in person in public? Do you operate campaigns on the street such as call to action flyers or similar? Are there laws specific to this type of promotion in Las Vegas? Not a typical marketing channel most casinos explore, but it's not entirely unheard of. Sorry I'm not entirely sure of the laws.
Who owns the casino you work at? Is it one guy or a publicly traded company? I'd rather not say as I don't want to be outted but I have worked for large publicly traded companies, privately held companies (e.g., owned by hedge funds), and publicly traded companies where one individual owns the majority of the shares. I've never worked at a privately owned casino owned by one individual, though.
How do I get over 65 year olds excited about my product? Without knowing what said product is, the best thing I can say is to figure out how to make it relevant to them.
What does a marketing exec. at a casino make a year? Depends on the size of the property. 75 at a small riverboat casino to 250 at a large place like Bellagio.
To succeed in marketing, what is the first step to landing a successful job? and what should be the over arching goal in mind to maintain a competitive advantage over fellow competition as well as new shifts in market trends? 1.) be tenacious. take any job you can get. be a sponge and learn everything you can.
2a.) don't be afraid to fail, but be smart (and profitable) about it.
2b.) don't rest on your laurels. stay in touch with your customers.
Go on ... What does a casino do in that regard? From a gambling standpoint, people in that age range like penny slots so we offer a lot of penny slots. We put on shows that would appeal to them. We would make the decor more classic vs hip. Etc.
I've always wanted to work in the gaming industry. I have a strong sales background and a B.S. degree... which department would you recommend to get my feet wet? Probably player development which is the department that deals with VIP guests or maybe special events/promotions.
What's the best movie you've seen this year? You did say we could talk about life in general... Absolutely! 12 Years a Slave.
Edit: Also, Dallas Buyer's Club.
Dang, haven't seen it yet...will have to wait for it on DVD or streaming. Edit: Haven't seen that one either. I'm starting look like a Philistine. It's pretty heavy but sometimes that's good.
Do you prefer to market for families or adults? Casinos are adult fun, but I've noticed a shift in the past decade. Definitely adults.
Your AMA was one of the best, you answered almost every question, so if you're still answering here's one: If a young person comes in and wins more than 100k and then just leaves, would you suspect him/her of anything? It really depends more on the manner in which you win and how you behave. We're required by law to fill out a Currency Transaction Report for transactions over $10,000. So if you got to that point you would have already given us your ID, etc. We'd obviously make sure that surveillance is watching you to make sure you're not cheating but if you're on a random hot streak and betting $10K/hand then it wouldn't be a huge deal at most strip properties.
How about a free load just this once? lol. But hypothetically what would 10 grand get you :( At my place, (which is not an uber classy place like Wynn or Venetian), you'd get pretty much whatever you'd want. Suite, dinners, limo from the airport, show tickets, etc. We'd generally reinvest in you 30% of your loss so just figure out what $3,000 in comps would get you.
What advice can you give to new grads who want to get into marketing, but can get work due to lack of experience? As I mentioned in a previous post, I believe you really just need to be tenacious and take anything to get your foot in the door. It's a very crowded field, especially on the what I call "pretty picture" side of marketing. I wish I had a more specific answer to give you.
What does being a marketing executive involve? I usually say I'm in charge of driving profitable revenue. The departments that report up to me are charge of advertising, promotions, entertainment, public relations, direct mail/database marketing, and VIP marketing.
I'm coming to Vegas in December from Australia, can you PM me your email address? Just PM me. Happy to see if I can help
Do casinos hire interns? I'm currently a student at a public university. Absolutely. I think most of the major companies have management training/internship programs. Go to their careers websites. Caesars Entertainment, MGM International, Pinnacle Entertainment, Penn National Gaming, etc.
Would you recommend a job in marketing? what skill sets would be helpful for marketing? i'm interested in it but not entirely sure what it's about. I think the best combination in today's world is to be more right brained with a creative bent as more and more the question asked of marketing folks is "quantify how your idea makes me money?" and less and less "what's the most most creative idea you have?"
It's a crowded field especially on the left brained side (e.g., advertising and public relations) because people think it's "cool". So if that's you're interest, I'd say being tenacious and creative is what is going to get you far in that world because it's tough to get your foot in the door and you have to have thick skin and then when you do get your foot in the door you are going to have a very short leash to prove yourself.
Any specific company you recommend? If you're at the intern stage, apply liberally.
Do you have the sides backwards, or do I? Um, well I think of left brained as creative and right brain analytical?
How selective is the casino management program at UNLV? The hotel management program in general is not selective but the casino management program is difficult because it's pretty quantitatively-focused so there's a lot of attrition.
What do you do for family entertainment in Vegas? I'm single so that having been said, there's all your typical family stuff to do here: parks, camping, hiking, movies, bowling, etc.
You don't have any family in Vegas? What's something that you go do with your friends, then? I'm not from here and my ex-wife hated living here thus why she's my ex. My friends and I go and see concerts, go to bars, we like guns so go shooting sometimes, and most Sundays cook for each other.
Sounds like a nice life! It's OK. City is kind of soulless and superficial.
One of my favorite aspects of Vegas is that if you want your experience to improve, it's usually a strategic $20 tip away... whether that be a tip to upgrade your room when you check in, to skip the long line at a club, to get a table with a great view at dinner... What potential 'Experience' improvements would you recommend in Vegas? Link to thetwentydollartrick.com
Vegas or Macau. Which is better? Better for what?
Have you read The Stars My Destination by Alfred Bester? I haven't.
So basically I should just buy from the half off kiosks? Yes.
How do you feel about those who are addicted to gambling and those who have lost everything because of it? Bad, obviously.
Late to this ama, are you still taking questions? Sure!
Sure buddy. Do you mean to say that you don't believe me?
I just got started in hospitality marketing, any advice? Doing what, exactly? Just be willing to make not a lot of money for awhile and be willing to relocate frequently if you want to move up the ladder. I guess those are the first things that come to mind.
Have you had any good marketing ideas that you couldn't do due to marketing regulation. Not necessarily due to regulation but a lot of times you're gun-shy to do a promotion because well, what happens if no one shows up?
Bastard. Danka.
Last updated: 2014-05-11 03:39 UTC
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[Table] I am a casino executive. AMA

Verified? (This bot cannot verify AMAs just yet)
Date: 2013-06-16
Link to submission (Has self-text)
Questions Answers
What's you're best story about someone trying to con/steel from the casino? I figure you're looking for some kind of crazy Oceans 11 story (of which there are several in the industry but none on my watch), but honestly the best ones are people trying to steal from the fucking buffet.
Mom comes in with two kids and says they're not eating so she shouldn't have to pay. The cashier says OK.
Fast forward 15 minutes and the cashier notices that the kids are missing.
THE FUCKING MOTHER IS FEEDING THEM UNDER THE TABLE LIKE FUCKING DOGS.
Best AMA response ever. have an upvote! We had set out in the foyer those bags for your umbrella so the floor doesn't get wet.
Lady takes one, goes to the buffet, and starts filling it with food. Brazenly. Not trying to hide it.
We stop her and she says "what? this is all you can eat?!"
"Sit down and eat the contents of the bag then..." We found a HUGE ziplock bag of food by a table. The "customer" had obviously left it behind.
She realized she forgot it and came back to get it about 30 minutes later.
You should hire me as a buffet monitor i can pose as a customer then obnoxiously call them out for stuffing their purses with chicken fingers and mashed potatoes w/gravy. "HEY FAT LADAYYY I SEE YOU STEALIN THEM CHIKKAN FINGAZ!" Have a lady who consistently bitches about having to pay full price since she can't consume a lot because of her gastric bypass.
Do you actually have a policy to ask people to leave if you feel they lost more than they can afford? i watched a piece by loius theroux once where he asked this question to some of the managers of a casino and they all said "oh, i know they can afford it, of course we would ask them to stop if they couldnt". but obviously, from a business perspective, this is counter-intuitive towards making profits. so what is your take on this whole thing? and what is the overhead like for running a casino? what are some expenses you have which may be surprisingly high? We never make judgment on whether or not they can afford it. We really only step in if they come to us or start doing something overt like begging for money or asking for loans, etc. In the macro view, it's very bad for business if we don't do something about problem gambling when it presents itself.
Overhead... EBITDA margin of 30% is great.
Expenses... I guess crab legs would be too obvious? Besides that, maybe table games labor. You have a 0.5% house advantage at blackjack and have to have a physical person here 24/7 plus a supervisor for every 5-6 games.
What games are the biggest money makers for the casino? and coincidentally, Ace, ever ran a sports book? Penny slots by far.
Ha. No. But have worked in casinos that have them.
But why do I always win/come out ahead max-betting on the fucking Sex and the City penny slot? Google "law of large numbers"
1) How do you like the city? (So many people hate on it, and I don't understand why). Also, how did you like UNLV and when were you there? 1.) I actually just moved away for a job. I just think Vegas is OK. I moved there when I was in my mid-20s with a decent job so it was cool and exciting then. Fast forward a decade or so and the allure isn't there anymore. It's not "home" and I don't think it will ever will be because of how transient the population is.
2) to me it seems like a pretty small about of locals gamble (at least at the strip properties), do you guys keep tabs on those numbers? If so, what is the ratio of your gambling customers? 2.) I don't have the numbers in front of me, but we did a study one time and showed that Vegas has the highest incidence of regularly gambling activity in the nation. I always just felt that was a function of accessibility and self selection on the part of the residents. But you're right that locals don't go to the strip. The marketing offers are terrible compared to the non-strip properties and it's a pain to get to the strip just to get your gambling fix.
To what extent is organized crime still present in or around the casinos? Any personal encounters? Virtually none AFAIK.
The industry is very, very heavily regulated. When you get to the executive ranks you have to go through very, very thorough background checks. 5 years of tax returns, 5 years of all cancelled checks, explanations of all withdrawals > $200 and deposits > $500, in depth interview with an agent, etc.
The last time I've heard of legit organized crime here in the states (places like Macau are an entirely different story) was in Rosemont, IL I think in the mid-90s.
Link to casinoconnectionac.com
Damn, all withdrawals over $200? For the past 5 years? "Uh, I dunno, I don't really remember why I withdrew $300 from an ATM 3 years ago. Maybe I spent it buying some off of Craig's List, I dunno." Yeah, it's really ridiculous.
Explain Macau? The Triad are heavily influential there. Kind of like what you'd imagine in Vegas in the 50s.
Holy shit, I live in Des Plaines. Des Plaines' only problem now is how to more quickly count all the money they're making
The scene from Skyfall comes to mind. Yep.
Organized crime is the muscle of the casino, the security guards, the directors of security, the private investigators, the small business owners, the gamblers who launder money through the casinos. Of course the mob isn't like the movies anymore. Well i'm going to have to respectfully disagree with you on everything except the money laundering despite the fact we have to live by Title 31 Link to en.wikipedia.org
It is true that if a person is on a helluva winning streak and is consistantly winning and you cant figure out why... you will demand that he take his winnings and leave and never show his face in the place again? (kick him out for winning). It's possible but relatively rare. you have to have enough cash to really turn out our lights to get to that point. for the vast vast majority of people, we have more money than you so as long as feel like we can get you back in the door, go ahead and win away
So that scene in Rain man is totally bullshit then? Where they consistently win and make $80,000 from a couple of thousand... then are told to GTFO after the casino guys couldnt figure out how they were doing it. Bullshit only in the sense that couldn't figure out what was going on
What gives a person the best odds when playing Blackjack-playing with more decks or less decks? i seem to win more with tables that use 6 decks and my friends do better with 4 decks.. It's a lot more than the number of decks and the casinos use that information asymmetry to their advantage (e.g., $5 SINGLE DECK BLACKJACK!!!) Everything being the same, the less amount of decks the better but we will change the payouts for BJ, rules for splitting and double down, etc. to our advantage. So you can have a 6-deck shoe with otherwise very liberal rules that have a lower house advantage than a single deck show with very unfavorable rules.
So with the same set of rules, less decks is more favourable? Yes everything else being equal
Is that just because it's easier to count or is it fancy math stuff. Fancy math stuff.
USING FEWER DECKS.
Six Decks: -0.02% Five Decks: -0.03% Four Decks: -0.06% Two Decks: -0.19% One Deck: -0.48%
Link to www.onlineblackjack.com
Ever seen anyone get naked or have sex in the casino or bathrooms? Boobs pop out of the cocktail waitresses' uniforms relatively often because they'll get tops 3 sizes too small in order to get bigger cleveage/tips.
Saw chick blowing a dude at a slot machine at the entrance of a club.
And Vegas has all of these European-style pools so if you're out there "inspecting the grounds" then all those girls are topless.
Sweet. What'd you do with the BJ couple? Pic of one of the pools please? Security was running towards them so I just assumed they got the boot.
Pools = just go to imagefap and look for topless beaches.
Do you ever feel guilty for all the money people lose to your business? Of course.
Did you see the fictional series "Tilt" on ESPN about 5-7 years ago? Any opinions on it? Did you find it entertaining? Did you find any of it accurate at all? Vaguely. And when I say that I mean I remember the series and watching a bit of it and that's it.
To us, the holy grail of Casino movies is Casino and Rounders.
Thanks for the response! I love Rounders, but it seemed to focus more on the players, and more on non-casino-based games, whereas Tilt was as much about the casino management as anything else. I should watch Casino. Yeah if you're interested in the casino management piece then Casino.
Does your casino make any efforts to stop problem gamblers from betting more than they can afford? Every casino company has policies regarding problem gambling that are audited by the state. Each state also has its own minimum guidelines like mandating that brochures be placed in very visible areas of the casinos, hotline numbers printed on every ad, etc.
It's a delicate situation when you think someone might have a problem because, well it might not be a problem. So we generally only do things if they specifically ask us to (e.g., they can ban themselves) or if they start doing something really egregious like asking players or employees for loans at which point we'd probably pull them aside and hand them a brochure and ask if there's anything we can do to help because what they're currently doing is unacceptable (the begging).
There's a casino near my house that keeps a full time car appraiser on staff. I've always felt that's a little shady. You ever run into anything like that? No way.
Even though I believe casino gambling should be legal, I find the practice of casino's providing credit to be morally indefensible. What is your opinion on the practice? Would it be a reasonable compromise to allow for more casinos on the stipulation that gambling on a margin is banned? So if I'm a high worth individual who likes to gamble, your expectation is that I just bring in a suitcase of $100s to gamble with?
No, a debit card. Reasonable.
A debit card? not reasonable...a credit limit is the only feasible way some patrons can gamble...most people do not want to walk around with 50k in there pocket...and I'm not sure how you would go about withdrawing thousands of dollars from an ATM machine. I was being sarcastic. It's a huge competitive disadvantage to not be able to offer credit (e.g., Missouri) because no high roller wants to play there. You'd have to physically go to the bank, withdraw 20K cash or whatever, somehow survive walking to your car, and then somehow survive walking to the casino from your car. TBF, there's also what is called front money which is where you can wire money to us and we will hold it for you but you have to pay the fees vs us offering you credit free. I did have a millionaire player who strictly got his money off of a variety of credit cards and would just do cash advances. We obviously never questioned it but he had apparently had a huge credit line (evidenced by the amount he was able to withdraw) and enough to pay it back (evidenced by him able to come often).
notjabba...no one cares if "you believe casino gambling should or shouldn't be legal"
How do you know if i am card counting, and do you care if i am not playing for big money? Primarily odd fluctuations in your betting patterns. $5, 5, 5, 5, then $1,000, then $5, 5, 5, 5 would catch our eye big time.
, big money! We care. Small wins add up.
What if i went 5,5,5,20? Would you care then? At those low levels no one would be on the lookout for you.
How automated is the alerting system for this? Pit boss getting info from the sky I assume? Not very automated. There are a variety of technologies out there designed to thwart this but they're expensive and casinos are too staid to invest.
So basically it's just either surveillance or the pit supervisor noticing something odd then starting to keep track of the bets.
Might be a silly question, but does stuff ever go down like it does in the movies? Like, say some guy is cheating in one way or another or doesn't take a hint to leave. Is he going to get taken into a back room and get his ass kicked or just escorted out? Taking fingers, breaking knee caps etc. etc. Nah, too highly regulated these days.
At what point do you start looking for card counters? If I'm playing with a $50-200 bet spread am I noticeable? Is the the spread (4:1, 8:1, 20:1) the dollar figure or a combination? Sorry this isn't my area of expertise so I can't with this level of specificity. I'd think a 4X spread wouldn't be bad, though, but just an educated guess.
You could buy a membership to the Green Chip forum (bj21.com), though and read up on the reverse engineering they've done.
I would venture a guess that electronic card games have pattern recognition built right in? I don't know how they do the shuffle. I'd imagine it's a fresh shuffle before every hand like in video poker thus nullifying counting.
Well I understand that, but profits on a casino are through the roof, are they not? I assume that there is a relatively low amount of card counters , and that you still will make a very good profit. Profits aren't as good as you'd think post 2008 economy.
Bottom line is that it ain't ever gonna happen. Sorry.
What is the biggest amount you have seen someone lose? I was working at Wynn when Andy Beal played "The Corporation" so that was like $16.5MM he lost to them I believe.
That's fucking cool, I read the book detailing the events of this, Link to en.m.wikipedia.org. Any cool stories etc from your point of view from then? Honestly, everything I found out about it at the time was from 2+2. I didn't have direct access to the players so it wasn't really like I could analyze the session with Phil afterwards.
Urban legends of someone winning big at the slots but having it taken away to a glitch. Has this really happened to your knowledge? Not urban legend. Many cases like this. The player never wins. Google it and you'll find tons of them. E.g.,
Link to www.lasvegassun.com
This one is international but I think is the funniest. Not only did you "win" $55MM on a machine that stated the max jackpot was $50K but after winning $55MM, you went ahead and played another spin... just in case...
Link to www.thanhniennews.com
Damn that sucks. Well here is one for you. Did you know that in Panama you can double down at the black jack tables at any point. It gives you a huge advantage and you can win a lot of money that way. I'd heard something like that. My best friend (avid gambler) went to Costa Rica and basically came back saying he had to totally re-learn BJ when he was down there because of all of their crazy rules.
If that's true about Panama, I'm surprised there aren't people haven't just set up shop down there and pillaged that place until they went bust.
No i didnt have sex with the hooker but my friend did make out with her drunk. As would I. What's up with fucking people who just make out? Fucking amateur hour. This isn't fucking 7th grade.
He didn't know that she was a hooker and was just putting the moves on her. He thought he was just really smooth with his broken spanish. What he didn't know what that I paid her to keep quiet about it. He looked REALLY sad when someone else bought her and he realized what she was. I actually did something similar for my friend after he split up with his whore wife. We wanted to boost his spirits so gave a hooker $100 to go and flirt with him.
Shit man in Panama you can get a lot more than flirting for a hundo. Granted she won me a grand and i think i threw her 50 back. Well that and she got to make out with my friend...Worth it. Did your friend end up with the hooker hilarious movie style? Nah, this was in Vegas, he's cheap, and we're not that generous.
How do Vegas casinos differ from Native American casinos? Or are they essentially the same? Depends in the jurisdiction. in some there is no difference (e.g florida) while others are wildly different (e.g north Carolina)
I'm curious as to how they differ. I'm from NC but haven't been to any of the casinos around here. In NC, for example, games have to be "games of skill" so like on the slot machines you don't just pull the handle and watch the reels go round and round, you have to physically touch the game to stop each reel.
That's not true (I've been there). Admittedly it's been awhile since I've dealt with them (I used to work for Harrah's) but it was like that for awhile.
Link to wizardofodds.com (scroll down a bit)
They might have some that are like that, but the handful I played (there are a shit ton) were not. Apparently they've got table games there now, too, which is new from when I was last there just a year ago. Well the states quickly understand that they're leaving money on the table (no pun intended) but creating this arcane regulations.
Fastest growing casino region? AC? Vegas? Macau? Macau.
Absolutely nothing domestically.
Why? Distance to the large volume of middle and wealthy chinese? Yes, and whose culture has a high propensity for gambling.
Why isn't counting cards allowed? Lets say I was a math genius, isn't it just part of the game then? Because we reserve the right to serve whomever we please as long as we're not discriminatory against a protected class.
I see. It just seems like mocking people for being good. Maybe if I was a black math genius with down syndrome I could get along with it. No offense to either btw. Perhaps but we're not particularly concerned.
Btw, I'm a bit of an advantage gambler myself. I only play low house advantage games, maximize my coupons and promotions etc. so I'm sympathetic but there's just nothing that can be done on the card counting front.
Private business CAN discriminate based on protected classes, just bad business to do so. Then don't come to my casino.
Semi-serious question: have you ever crashed someone's hand with a hammer because he/she was found cheating? Boy do I wish, but no.
Could you explain why it is so difficult to get casinos in states that do not already have them? Im from Dallas, and it seems that the Oklahoma casinos are 70%+ Texans. It seems our state is losing a ton of $ to other states. (Oklahoma, Louisiana...) In Texas it's because your legislature meets relatively irregularly. expansion since the 90s has been predicated on budget shortfalls and using gaming to patch up those holes.
Texas' economy has been relatively good so combine that with a conservative legislature that doesn't meet often as we'd have have to have the perfect storm of you having a bad economic run at the same time the legislature is meeting.
Trust me, we are ready to pounce when that happens.
Okay so a couple of years ago there was a show called "Las Vegas" and it was about a casino. Hosts are basically your sales team to high worth players. The compensation structure is just like any other salesperson: base + commission.
Not sure if you ever saw it, but there was a character named Sam and she was a casino hostess and she was kind of a bitch but I always wanted to be that (casino host not bitch). How can I get into that? So, if you've never done that kind of work before or sales at all for that matter, you just need to take anykind of remotely similar job and then just keep trying to plug along with the job search.
Well I cant wait until it happens. I will gladly donate my fair share for a free Paula Dean buffet. We've owned land for decades in preparation.
You see where companies like PENN have already bought stakes in racetracks there, taking a bet that racinos (adding slots to tracks) will be the states first foray.
The owner of Landry's (also owns the Nugget) has said repeatedly that as soon as the law is passed he can have working slots in Galveston overnight. Yeah. His family (Fertitta) started Stations casinos in Vegas (and MMA) and really big shots in town.
Yeah, as a Houstonian and gambler, I am really hoping one day it finally happens. I hate hate HATE driving to Louisiana and I haven't been able to make it out to Vegas in 2+ years. The folks in Lake Charles and Shreveport do not share your sentiment.
I'm sure they don't. Bud of mine wanted to make an ad campaign of just going to Isle of Capri and showing the license plates. You mean Pile of Debris.
Highest progressive payout you've ever seen paid out? And what was the game? And any good stories about throwing out patrons? That I've physically seen? Probably like a $75K Caribbean Stud.
I have been encouraged by many people to get a job there, but no one, even me, knows where I should start. Personally, I don't enjoy gambling and have only been in the Hard Rock a couple times, just to see the lobby and buy shirts with some out of town guests. Probably on the non-gaming side. Not sure of your educational background but NA with degrees go very, very far very, very quickly.
So my question is where would you recommend someone to start in the casino industry, if they don't particulary like/understand gambling? If you want to work the front line, then hotel front desk or something like that.
I don't have a degree yet, but I do have 10 years in B2B (business to business) sales in telephony, so I know a lot about circuits/phone systems/general telecom. Native American.
EDIT: what does "NA" stand for? So then in your case either work in IT or maybe some kind of sales position like convention sales?
Oh I didn't know there would be some sort of sales team with a casino. Sweet. I considered IT, but I assumed it would be in the realm of network security, which I know little to nothing about. Who do you think maintains the phone switch, PCs, servers, etc.?
Proof? What would suffice without outing me?
You would know best what you have, however this sounds like it would be easier to prove confidentially to the mods. Things such as work ID, paystub, business card, etc are acceptable forms of confidential verification. I'll send a pic over to them. Never done this before so wasn't sure.
I have a BA in Accounting and am currently a Project Manager (Prior exp in Cost, Tax and Accural accounting, worked for the Big 4, Now I make Warheads for the Army). If I wanted to get into the Casino industry what jobs should I persue. What is the best way to persue them? Do people telecommute? Whats the pay range? We always need good finance people. There are always other industries they can work in so it's hard to find good people.
So I'd say just go be an accountant?
We post on all the major job boards and casinocareers.com is the main industry-specific job board.
Telecommuting is not a regularly accepted practice.
For finance, it's just market rate salary.
How did you get your job? Was in undergrad and needed a job. responded to ad in paper for entry level job. worked my way up.
I'm going to guess that wasn't a typo. Not going to edit for the lulz.
You know what, why the hell not? Best way to make money fast? Well, assuming you have one and only one bet to make, the math always says banker on baccarat.
Any tips/secrets for slot machine players? Which one's your favorite type/brand? Learn to play video poker, blackjack, baccarat, or craps.
Anything video scares me..are there 'rules' in place for video poker or Bj blackjack to guarantee payouts or is it completely random? If random, how do we know the game isn't rigged in your favor? Completely Random.
Because it behooves the state not to let us rig the games so they employ strict regulations to prevent such.
For example, many states mandate that this company verify the legitimacy of a game: Link to www.gaminglabs.com
Those states that don't, do it themselves.
I accidently got my gf addicted to video poker but it paid well. Its a better chance and payoff than video slots IMO. No opinion about it, it is true.
Does this only go for high roller tables? Or does it also go for some guy that hits a big jackpot on the slots? Both.
Are security as horrible as people say in Vegas? I've heard from my relatives that purse snatching and such happens quite a bit and security shows up minutes after they were called (so pretty much useless). On the other hand, I've heard some amazing quick response time in Macau. Are these myths? Need some reference point. Horrible as compared to what. You've got a 3-mile long street with literally a million people on it. There's gonna be crime.
Hmmm... how about relative to san diego or fort worth? I'd say on par to Gaslamp but I'm no criminologist.
HOW DO YOU SLEEP AT NIGHT!? I'm serious, I want the gritty details... You use a sleep number? Memory foam? Standard matress with some box springs? And what kind of pillow to. Oh, oh, and what is the thread count of your sheets... I'm a minimalist. Same mattress I've had for literally 15 years that I got at a department store. Hypoallergenic pillows from Target. 800 count. Also from Target.
Nice! Glad I registered my wedding at Target. Sounds like they got the good stuff. Decent and reasonably priced. The girls can't tell the difference between it and the really nice stuff.
Counting cards actually means that you are playing the game very well and it isn't cheating. How can you justify kicking someone out of a casino for being too good at the game? Also as far as I'm aware it isn't illegal. No it is not illegal but just like any other business we reserve the right to serve whomever we please (as long as we're not discriminating against a protected class, of course).
In essence you are keeping track of how many 10s/face cards and low cards are in the deck because high cards help the player, low cards help the dealer.
So if you know that the deck is rich in high cards you bet more and vice versa.
I will be attending UNLV for hospitality management in the fall. any tips? For undergrad? Make the program what you want out of it. Just by graduating no one is going to hand you a huge job but if you do well the brand recognition can really work in your favor.
Yep for undergrad. thanks for the answer! Go Rebels!
Does your business invest in gambling addictions or have employee training to prevent those who are gambling addicts from playing in your casino? I take it you mean gambling addiction treatment... And yes, we do: Link to www.americangaming.org
And every employee, at least in the majority of casinos, is trained on how to identify problem gaming.
How do you hire trust worthy people, meaning do you have some dude or gal that is like HR on steroids watching people? I imagine you have seen more than one case where there is employee theft or people who are running a front for money laundering? Well everyone goes through a background check through the state with fingerprints and whatnot then executives go through an FBI-style background check where they check all of your bank records and stuff.
But with so much cash floating around there is theft but it's basically like a bank so I can't imagine the incidence to be much higher than with tellers at banks.
How much do you make? Six figures + bonus.
Awesome. What was your path to this career choice? Like education/jobs. I just happened into it. Got entry level job during undergrad and worked my way up. Picked up master's while working.
Nice. Went to school for business I presume? For my master's yes. Have doo doo lib arts degree for undergrad.
Awesome! So you managed to get the entry level job with just an arts degrees then worked your way up? Or was the MBA necessary for where you are at now? I was in undergrad I got the job. It as entry level. $10/hr.
Master's not necessary but very helpful to stick out of the crowd.
Just noticed your name...classic. At around what limits are you able to get comps for free rooms out in either AC or Vegas? I would assume that Vegas is easier due to the vast amount of rooms, but what are your tips to earning comps faster? Depends on the property and depends on the game. And by rooms, do you mean like direct mail offers or the ability to walk up to someone and say "bitch, I'm a baller - hook me up!"
What do you know of online gambling? I did a bunch of preliminary work when I was a corporate person.
Last updated: 2013-06-21 00:10 UTC
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