We hope you like the current casinos in Las Vegas, because that’s what you can look forward to for the next 10 years or so. No newly built Mount Rushmore facade, no Mini Grand Canyon indoor shopping avenue, no Godzilla-shaped hotel—nothing new to delight the vulgar parts of your optic nerve. The Wall Street Journal says after a decade in which casinos spent more than $30 billion on expansions, they’re now going to pay off debt and focus on “branding, marketing and customer loyalty.”
casinos
Embezzling Fry's VP Once Gambled Away $8 Million In ONE DAY
By 2.17.09
The LA Times is reporting that former Fry’s executive and accused embezzler, Omar Siddiqui, once gambled away $8 million in a single day. According to the IRS, Mr. Siddiqui financed his gambling by taking at least $65.6 million in kickbacks from Fry’s suppliers. He’s been charged with money laundering and fraud, and if convicted, he faces 140 years in prison.
Get Your Kids Addicted To Gambling At An Early Age With The Jack Potty Training Seat
By 1.30.09
Reader Jay sent us this link to a training potty with a built in slot machine that goes off whenever it detects a “deposit.”
Sands Casinos Lose Money, Wish You Weren't So Good At Blackjack
By 11.2.07
At the Las Vegas Venetian, earnings dropped 19 percent to $58.3 million. The casino’s winning percentage in baccarat, blackjack and other games was 14.7 percent, below its forecast range of 20 to 22 percent and last year’s winning percentage of 23.4 percent. Gamblers also won more than forecast at the Sands Macao.
By 10.26.07
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Man thinks he wins $1.6 mil at the slots, but then the casino takes him to a backroom and says they’re not going to pay because it was a computer error. Because the casino is an Indian one, he might not have recourse through the courts. [ABC]
Vegas Casinos Mess With Blackjack Rules to Increase House Advantage
By 3.21.07
Blackjack used to be one of the best bets in Vegas. Easy to understand, with decent odds. The house advantage on a single-deck game of blackjack, under standard rules, was a measly .18%.
