Now the real shocking part, Casinos are Losing money. Yes, that’s right, LOSING.

Las Vegans have always considered themselves “Recession Proof”
Larry remembers life when even when funds are low, people still would “make a bet”. Some even more so (Hey, theres a chance to hit a jackpot and Get more funds!).
Not any more!

Now when one wants to “make a bet”, they can just take a (sometimes FREE) Bus, Jitney, Train, Shuttle or short drive to their “Friendly Neighborhood Casino”
Who needs to fly all the way to Las Vegas and pay those high prices?

Las Vegas is feeling it and in our opinion it’s only gonna get worse, with another massive round of layoffs coming only weeks before Christmas. “Bah Humbug”
Less Gamblers means, less workers, less groceries, less homes, less cars, less money for Las Vegans.

Believe it or not! This will be Your best chance to experience Las Vegas.
Staff becomes much more friendlier. Room rates will plunge, etc. and the Odds of the Games will get better for you!

Larry’s Las Vegas has recently learned that in the coming months, Las Vegas Casinos will start a “bidding war” for YOU.

They will start to change the “Hold” (percentage of wagers made the “House” keeps) on select Games and Machines to lure and retain Guests. You’ll also see discounts and freebie offers reminiscent of the ’70’s.

So while Las Vegas will have less visitors as the year ends, those that do visit will experience an unprecedented value for their dollar.

EVERYBODY’S COMING TO LAS VEGAS! WHY NOT YOU?

Could Your Blackjack Dealer Go On Strike?

Dealers at the Rio Hotel and Casino voted overwhelmingly to reject union representation Sat, 7/12/08.
Las Vegas Dealers Local 721 fell nearly 100 votes short, according to sources close to Larry’s Las Vegas.

After successful campaigns at Caesar’s Palace and the Wynn, the Transport Workers Union of America’s Las Vegas affiliate suffers its first major setback.

Larry’s Las Vegas.com has learned that Dealers in Las Vegas and Atlantic City consider unions’ necessary for job security.

Larry’s Las Vegas has just one piece of advice for all Table Games Dealers, “Be careful what you wish for!” What do you think?

(What do Dealers do when they go on strike? Picket up and down the Pit?)

On 8/8/08, the Stratosphere Casino Hotel and Tower will marry 88 lucky couples at once in a ceremony at 8:08 p.m. on Level 108.
The cost of participation is $8.88 for the first 88 couples who contact the Stratosphere Casino Hotel and Tower’s Catering Office.

The package includes participation in the en masse ceremony, complimentary admission to Level 108’s Indoor Observation Deck, minister fees, complimentary glass of champagne, complimentary admission on each of the three thrill rides and a complimentary photo from Cashman Photo. Special room rates are also available. For more information, please contact Michael Gilmartin, Stratosphere Casino Hotel and Tower.

(Information provided to Larry’s Las Vegas by LVCC)

With this weekends new round of massive Las Vega’s Layoffs and Demotions, Las Vegans resolve to make the best of it.

The three words spoken mostly in the valley’s homes are, Sacrifice, Sacrifice and Sacrifice!

Garage sales are at an all time high even in some of the most exclusive neighborhoods in the city.

Vehicle owners are selling their “Trophy SUV s and Luxury cars at ridicules discounts.

Casinos are preparing unprecedented “free giveaways” campaigns.

Now more than ever has ever there been a chance for you to be a “High Roller” on a “Low Roller” budget.

Check out Our Reservation System to get the most cost effective Vegas trip ever offered.

Combined with the house advantage, your average bet, your time playing, and the pace of the game, a casino can estimate how much it expects to win from you.

These gaming theoretical wins, or “EP” may be calculated by this formula:

Theoretical = Average Bet x Hours Played x Decisions per Hour x House Advantage.

I.e., suppose a baccarat player bets $500 per hand for 12 hours at 60 hands per hour.

Using a house advantage of 1.2%, your worth to the casino would be worth $4,320 (500 x 12 x 60 x . 012).

If you bet $500 per spin for 12 hours in double-zero roulette at 60 spins per hour
You would be worth about $19,000 (500 x 12 x 60 x . 053).

Casinos set complimentary guidelines by giving you back a set percentage of
the earning potential or EP, usually 30%.

What game do you play? What’s your Theo?

Let us know what YOU think!

As “Larry’s Las Vegas” first reported (in our 5/24/08 post), Casino Downsizing is in full effect.

Las Vegas’ Unemployment Rate is at it’s highest in over 10 years.

Casino Downsizing is having a worrisome effect all over Southern Nevada. “Theres just no jobs out there” said Curtis Spurgeon, a Casino Dealer at a “Station’s” Casino. Las Vegans who’ve worked all their lives as dealers and bartenders, are facing the inevitability of pursuing a new line of work.

Las Vegas’ Casino Downsizing started about a month ago and shows no sign of slowing down. What makes this latest round of Casino Downsizing so alarming is that many workers let go have virtually no hope of landing similar jobs anytime soon.

Casino Downsizing may be the reason Nevada ranks 2nd in the U.S. of people on Food Stamps.

According to research by Larry’s Las Vegas.com, Local 721 of the Gaming Division of the Transport Workers Union of America (TWU) will launch an marketing campaign on Monday to encourage the public to tip casino dealers.

“Most dealers rely on tips for the bulk of their income,” said TWU International President James C. Little in a statement.
“We represent dealers on the casino floor, at the bargaining table – that is clear. Now, we will be their voice to the public.

Until now dealers lacked an association, union or spokesman that could educate the public about the need to tip.”

Larry’s Las Vegas.com has learned that “TWU” will unveil its new advertising campaign at a Las Vegas news conference next week.

“TWU” says it represents dealers at Caesars Palace and at the Wynn casinos; other “TWU” representation elections for dealers are in progress in Las Vegas and across Nevada.

In a related event, Larry’s Las Vegas.com has learned that Casino dealers at the Rio filed a petitioned Tuesday with the National Labor Relations Board for a representation vote to unionize under Las Vegas Dealers Local 721, an affiliate of the Transport Workers Union of America.

Most of the Gaming public don’t understand or believe that Casino dealers earn little more than minimum wage. Tips are the bulk of compensation for Dealers, with minimum pay being barely able to cover their payroll taxes.

In this climate of Las Vegas Tourism decline, Casino Layoffs and Demotions, look for a surprising number of Casino Employees to entertain the idea of union representation like never before.

According to a 30 year veteran of casino dealing in Las Vegas (who wishes to remain anonymous) “Larry, I’ve always voted against Unions for dealers, this time I don’t know.”

In the opinion of us here at Larry’s Las Vegas.com, Look for more developments as Staff and Payroll decline while workloads and stress increase.

Tell us here at Larry’s Las Vegas if you think casino Dealers should abandon the close relationships Dealers and Management have enjoyed for decades or risk this long standing tradition by employing Union middle men.

In addition to interviews with Las Vegas Dealers, Larry’s Las Vegas also consulted the Transport Workers Union of America for this article.

The theory is, If a person could control the revolutions of the dice and minimize random manner in which they come to rest, they could possibly make Craps the worlds first Casino Game that favors the player.

There are numerous discussions ongoing in the industry on the validity of these claims.

There are many, many web sites and businesses that offer training and support to make a person a “Precision Dice Shooter”

Larry’s Las Vegas finds that there are some casinos that are very lax in allowing the setting and tossing of the dice.
“Hit the back wall” is a term you’ll hear repeatedly at those casinos that are not as tolerant.

But can they make a difference? Can you beat the Craps Tables? Some say yes, some say no.

Tell us here at LLV what you think.

Everybody’s coming to Las Vegas! Why not you?