RON AMBROSE chaos concept

[silverfox]

I met Ron in Bullhead city/DICK MITCHELL sidekick before he passed away,his spot plays were the best.Did anybody attend his horseracing class in Las Vegas in the 80"s?He showed me one spot play .He started the meet with $1000 bankroll and show me his green notepad,with every bet ,where he took it to $9600 by the end of the meet.Get this ,with no handicapping the drf.

[SignUpKing]

What's the play ???

[kitts]

The last time I saw Ron was in Laughlin, NV. He was still winning. He pretty much relies on his own handicapping. A solid guy with a colorful life

[garyoz]

Wasn't Amrose discredited in an article by Barry Meadow or somebody? I think the accusation involved buying multiple tickets on a race, but only showing everyone the winning ticket? Those Mitchell books haven't stood up over time (IMHO)--just hooey.

[njcurveball]

Wasn't Amrose discredited in an article by Barry Meadow

Wasn't just about everyone in this industry? Seems the running thread is "someone saw him buying multiple tickets on the race to show people he had the winner".

I have to rethink this story now as it seems to be a running piece of SPAM where they just insert the persons name they want to slander. I have to admit I am guilty of hearing this with Pizzola, but after hearing so many other creditable names with this same story, I am more inclined to think it is just a story.

[Overlay]

Wasn't Amrose discredited in an article by Barry Meadow or somebody? I think the accusation involved buying multiple tickets on a race, but only showing everyone the winning ticket? Those Mitchell books haven't stood up over time (IMHO)--just hooey.

Are you referring to books that were written by Dick Mitchell himself, or to books by other authors that have been put out by Cynthia Publishing? I can't speak for all of Dick Mitchell's titles, but I personally found his Commonsense Betting very useful.

[ezrabrooks]

I met Ron in Bullhead city/DICK MITCHELL sidekick before he passed away,his spot plays were the best.Did anybody attend his horseracing class in Las Vegas in the 80"s?He showed me one spot play .He started the meet with $1000 bankroll and show me his green notepad,with every bet ,where he took it to $9600 by the end of the meet.Get this ,with no handicapping the drf.

Was it his (Ambrose) five (5) level show play? I always enjoyed Dick's stories about Ambrose. Mitchell was quite a guy..and could have made a living selling about anything.

Ez

[silverfox]

No/his 5 level show play was used by him in stakes and graded races/only when the fav could run to pars of the race - no filly races -or off tracks.A lot was left out by Mitchell.

[Harmonicaslim]

Wasn't this originally a place play?

[silverfox]

He used a place from 3-5 to even money,Mitchell said place, Ambrose mostly used it to show.Reason comps.In bullhead city he had to bet for room comps,food .On web he got as much as 7% rebate.Every $50,000 bet =$3500 back in rebates plus what he won,it was not uncomman to win 10 in a row.He bet mostly on weekends on the sportsbooks online,he would wager $1000 on Sat and $1000 on Sunday yearly he would bet close to $50,000 a year and collect somewhere around $7000 profit on rebates and winnings.If you stick to stakes and graded races you will get the same results,fav must run to pars,no fillys,no off track.Try it on paper.See you in the short line as Dick Mitchell said.

[Dave Schwartz]

I always like Ron, though for years had not heard from him. Then, a couple of years before he died (which was early this year), we began having at least somewhat regular conversations. I think he was hungry to talk about racing without coming out of seclusion.

Of course, the guys that saw him often might have a different take.


Dave

[Light]

He used a place from 3-5 to even money,Mitchell said place, Ambrose mostly used it to show.Reason comps.In bullhead city he had to bet for room comps,food .

As much as I've knocked BO for doing that in the selections section,I would applaud anyone doing this at a casino for comps. $1000 to show on a 1-9 horse would net only $50. Not enough to buy anything really. But for comp purposes,it could get you alot.Besides room and board and shows,some casinos give cash as a comp as well.

[David-LV]

Light,

As per a Nevada State Law that was passed in 1998. There has not been any cash rebates for horse players in Nevada Casino Race Books since July,1 1998.

___________
David

[Vigors]

.......prostitution has ALSO been against the law in Las Vegas.....

What's your point ????? I don't think I have to use "poetic license"
to be 1 step away from the way "YOUBET" has their cash rebates in
CA. as being a "questionable" kissing cousin to not having Nevada
giving out cash rebates to horseplayer's......

by the way, who would report this heinous crime..."?!?
....the casino who gave it to Ambrose,
....oe Ambrose for recieving it ????????????????????????????????????????/

[badcompany]

As much as I've knocked BO for doing that in the selections section,I would applaud anyone doing this at a casino for comps. $1000 to show on a 1-9 horse would net only $50. Not enough to buy anything really. But for comp purposes,it could get you alot.Besides room and board and shows,some casinos give cash as a comp as well.

That's sounds good until the 1-9 goes down and you end up paying 1k for a
cheap room.

[Light]

BC

Its definetly a sucker bet as a stand alone. But with the comps it does improve the risk/reward ratio


As per a Nevada State Law that was passed in 1998. There has not been any cash rebates for horse players in Nevada Casino Race Books since July,1 1998.

If you are enrolled in a casino rewards programs,they will mail you coupons that you can redeem for cash after your stay to entice you to come back.

[silverfox]

RONS CASH REBATES CAME FROM ONLINE SPORTSBOOKS,HIS WAGERS IN NEV WERE COMPS FOR FOOD AND LODGING.

[silverfox]

Once again most weekends 10 to 12 plays daily.He would bet $100 on each horse either a place or show bet Sabie?10 x100=1000.

[David-LV]

BC


If you are enrolled in a casino rewards programs,they will mail you coupons that you can redeem for cash after your stay to entice you to come back.


These cash rewards programs do not include Pari Mutual Wagering.

The race books use a different system than the rest of the casino to keep track of your wagering.

Some would love to give you a cash rebate but are not allowed as per Nevada state law that went into effect on July 1, 1998.

You can take it to the bank that I know what I'm taking about as I was one of the principles involved in the largest Pari Mutual rebate program ever at the Boardwalk Casino in 1996-1998.

The casinos can give you anything that they want for Pari Mutual wagering, but absolutely NO CASH.

__________
David

[silverfox]

Lets make it simple.Comps in Nev.Rebates cash online sportsbooks.

[David-LV]

Lets make it simple.Comps in Nev.Rebates cash online sportsbooks.

EXACTLY :ThmbUp: :ThmbUp:

______
David

[Light]

Some would love to give you a cash rebate but are not allowed as per Nevada state law that went into effect on July 1, 1998.


Then you should sue Harrah's,which owns several casinos. They offer cash rewards:
https://www.harrahs.com/TotalRewards/RewardsAndBenefits.do?page=benefits

Ability to earn comps, cash, and offers based on play

The race books use a different system than the rest of the casino to keep track of your wagering.

Nothing in the official rules stating this. The part in bold does refer to non slots:

Total Rewards®

Official Rules

* Void where prohibited or restricted by law.
* Membership is free.
* Must be of legal age to participate and valid government-issued photo identification for proof of age required to obtain a Total Rewards card.
* The benefits of the program are intended for the use of the person(s) listed on the account.
* Total Rewards cards may be used to track play and accumulate Reward Credits by the account-member(s) only.
* Total Rewards cards are non-transferable, the property of Harrah's Operating Company, Inc. (Harrah's) and must be returned upon request of Harrah's.
* Harrah's is not responsible for lost or stolen cards, including any resulting misuse.
* Reward Credits can be earned and redeemed at any Harrah's, Caesars, Horseshoe, Bally's, Casino Windsor, Flamingo, Grand Casino, Harveys, Paris, Rio, Sheraton or Showboat property.
* Reward Credits are earned for all tracked slot, table, keno, bingo, race track and race/sports betting, where applicable.
* It is the responsibility of the player to ensure his/her Total Rewards card is inserted properly in the machine when playing slots, and to ensure that a supervisor is aware of play when playing tables, keno, race/sports betting or other games.
* All Reward Credit earnings are subject to review and verification.
* Harrah's uses reasonable efforts to track a participant's average bet and length of play; however, as a condition of receiving Reward Credits for table games play, keno, race/sports betting, or other non-slot games, participants agree that such Reward Credits are granted based on the personal observation of Harrah's employees, which is subject to error. The determination of Harrah's shall be final with respect to any discrepancies.
* Management reserves the right to adjust account status due to computer error, machine malfunction, operator error, fraud or other misuse of the Total Rewards card.
* Reward Credits are redeemable for items on the Rewards Menu and have no cash value.
* All redemptions are final unless otherwise allowed at the sole discretion of Harrah's.
* Reward Credit earnings are non-transferable including death and divorce.
* Reward Credits are valid as long as at least one (1) Reward Credit is earned every six (6) months. If no Reward Credits are earned within a six-month period, the entire Reward Credit account balance will expire.
* Players must show valid photo identification in order to redeem Reward Credits.
* Players agree to allow the use of their name and likeness for promotions/advertising and announcements without compensation where permitted.
* Harrah's engages in strategic relationships, which may result in the earning of Bonus Reward Credits that are deposited into a player's comp account.
* All decisions regarding the interpretation of rules, eligibility, etc. for this program lie solely with Harrah's whose decisions are final.
* Harrah's reserves the right to modify or cancel this program at any time, for any reason, subject to any applicable regulatory approval, provided that such modification shall not, as of the date of such modification, materially alter or change any participant's reward(s) already earned or redeemed.
* Harrah's reserves the right to revoke or deny application for membership if the individual has not complied with the program in any manner inclusive of the Rules and misuse of the Total Rewards card.
* Individuals who are excluded from casino facilities, including through a government program, by their own request, or those excluded at the sole discretion of Harrah's, are not eligible.
* Additional rules and regulations are available upon request at the Total Rewards Center or on line at www.totalrewards.com.
* By participating in this program, participants agree to the rules and regulations.

The casinos can give you anything that they want for Pari Mutual wagering, but absolutely NO CASH.

So yes they use a different system for your earning your rewards in table/sports games,but it still can end up in cash.

[David-LV]

Total Rewards®

* Reward Credits are redeemable for items on the Rewards Menu and have no cash value.

Maybe you should read the whole rewards program from Harrah's and not just part of it.

I STATE AGAIN THERE IS NO CASH REBATES FOR HORSE PLAYERS THAT PLAY IN THE CASINOS IN THE STATE OF NEVADA. :bang:

___________
David

[David-LV]

Then you should sue Harrah's,which owns several casinos. They offer cash rewards:
https://www.harrahs.com/TotalRewards/RewardsAndBenefits.do?page=benefits





Nothing in the official rules stating this. The part in bold does refer to non slots:

Total Rewards®

Official Rules

* Void where prohibited or restricted by law.
* Membership is free.
* Must be of legal age to participate and valid government-issued photo identification for proof of age required to obtain a Total Rewards card.
* The benefits of the program are intended for the use of the person(s) listed on the account.
* Total Rewards cards may be used to track play and accumulate Reward Credits by the account-member(s) only.
* Total Rewards cards are non-transferable, the property of Harrah's Operating Company, Inc. (Harrah's) and must be returned upon request of Harrah's.
* Harrah's is not responsible for lost or stolen cards, including any resulting misuse.
* Reward Credits can be earned and redeemed at any Harrah's, Caesars, Horseshoe, Bally's, Casino Windsor, Flamingo, Grand Casino, Harveys, Paris, Rio, Sheraton or Showboat property.
* Reward Credits are earned for all tracked slot, table, keno, bingo, race track and race/sports betting, where applicable.
* It is the responsibility of the player to ensure his/her Total Rewards card is inserted properly in the machine when playing slots, and to ensure that a supervisor is aware of play when playing tables, keno, race/sports betting or other games.
* All Reward Credit earnings are subject to review and verification.
* Harrah's uses reasonable efforts to track a participant's average bet and length of play; however, as a condition of receiving Reward Credits for table games play, keno, race/sports betting, or other non-slot games, participants agree that such Reward Credits are granted based on the personal observation of Harrah's employees, which is subject to error. The determination of Harrah's shall be final with respect to any discrepancies.
* Management reserves the right to adjust account status due to computer error, machine malfunction, operator error, fraud or other misuse of the Total Rewards card.
* Reward Credits are redeemable for items on the Rewards Menu and have no cash value.
* All redemptions are final unless otherwise allowed at the sole discretion of Harrah's.
* Reward Credit earnings are non-transferable including death and divorce.
* Reward Credits are valid as long as at least one (1) Reward Credit is earned every six (6) months. If no Reward Credits are earned within a six-month period, the entire Reward Credit account balance will expire.
* Players must show valid photo identification in order to redeem Reward Credits.
* Players agree to allow the use of their name and likeness for promotions/advertising and announcements without compensation where permitted.
* Harrah's engages in strategic relationships, which may result in the earning of Bonus Reward Credits that are deposited into a player's comp account.
* All decisions regarding the interpretation of rules, eligibility, etc. for this program lie solely with Harrah's whose decisions are final.
* Harrah's reserves the right to modify or cancel this program at any time, for any reason, subject to any applicable regulatory approval, provided that such modification shall not, as of the date of such modification, materially alter or change any participant's reward(s) already earned or redeemed.
* Harrah's reserves the right to revoke or deny application for membership if the individual has not complied with the program in any manner inclusive of the Rules and misuse of the Total Rewards card.
* Individuals who are excluded from casino facilities, including through a government program, by their own request, or those excluded at the sole discretion of Harrah's, are not eligible.
* Additional rules and regulations are available upon request at the Total Rewards Center or on line at www.totalrewards.com (http://www.totalrewards.com/).
* By participating in this program, participants agree to the rules and regulations.



So yes they use a different system for your earning your rewards in table/sports games,but it still can end up in cash.


Read my highlight in BOLD ABOVE.

AT HARRAH'S NOTHING ENDS UP IN CASH ,COMPS ONLY.:bang:

______
David

[David-LV]

Read my highlight in BOLD ABOVE.

AT HARRAH'S NOTHING ENDS UP IN CASH ,COMPS ONLY.:bang:

______
David

LET ME CHANGE THIS JUST A LITTLE BIT.

AT HARRAH'S NOTHING ENDS UP IN CASH FOR THE HORSE PLAYER, COMPS ONLY.

DO YOU THINK THAT A CORPORATION AS BIG AS HARRAH'S WOULD EVER RISK THEIR GAMING LICENSE BY BREAKING NEVADA GAMING LAW BY GIVING MEANING LESS REBATES TO HORSE PLAYERS.? THESE COMPANIES ONLY CARE ABOUT THEIR SLOT BUSINESS. IF REBATES WERE ALLOWED WE WOULD HAVE EVERY BIG PLAYER IN THE COUNTRY PLAYING HERE LIKE IN 1996-1998. WHERE ARE THEY ?
I WILL ANSWER MY OWN QUESTION AND TELL YOU THAT THEY ALL ARE PLAYING IN THE ISLANDS.

In some hotels like Harrah's you use the same card for all your different play both in the casino and the race/sportsbook. When you see your play on their computer you will see that the pari mutual play from the race book is keep separate from the rest of your play in the casino. They do not combine the play. This is done to comply with the law.

I have worked in the casino business for 32 years, so I really think that I know what we can and what we cannot do when it comes to Nevada Gaming Law.

So have a good weekend and pick winners.

________
David

[Dave Schwartz]

I can atest to what David said as I just had a conversation with the racebook manager at Harrah's a few days ago regarding their rewards program and its application to horseplayers.

I asked him what would be the impact of (say) a $100k per week player and he absolutely laughed, saying that they had nothing meaningful to offer. As David said, the points you receive on your Harrah's card from all other sources are different than the points you get from the racebook. And the racebook is on an almost worthless scale (the manager's words).

He also said that the reward points you get from slots are reedemable as money on the machine (which you have to "play off" but is as good as cash). However, the horse racing points are only good for comps and gift shop trinkets. You cannot put them into a slot machine.

Finally, he (the manager) said that the Reno property is the only Harrah's property that does not even allow the slot points to be turned into credits... something that made no sense to me. He said that all other Harrah's properties allow it.


Regards,
Dave Schwartz

[Dan H]

Before my buddies went to Las Vagas this March, they called the Sports Book Manager at the Excalibur for room rates. The Sports Book manager looked up their sports book account number (taped to their Players Card when they signed up in 2003) and gave them four nights at a 'Book Rate' on one room and the other for free based on their history of play (avg 1.5k per day).

Previous attempts to get comp'd at the end of previous trips were futile (same book, same hotel, same manager).

I guess my point is - it was easier to get the comp before the trip than it was at the end.

Is that a pre-bate?

[David-LV]

Before my buddies went to Las Vagas this March, they called the Sports Book Manager at the Excalibur for room rates. The Sports Book manager looked up their sports book account number (taped to their Players Card when they signed up in 2003) and gave them four nights at a 'Book Rate' on one room and the other for free based on their history of play (avg 1.5k per day).

Previous attempts to get comp'd at the end of previous trips were futile (same book, same hotel, same manager).

I guess my point is - it was easier to get the comp before the trip than it was at the end.

Is that a pre-bate?

Dan,

You are correct, getting a room is easy if you are a player, but getting a room is a COMP AND IS NOT CASH.

THERE IS NO CASH REBATES IN THE STATE OF NEVADA FOR HORSE PLAYERS.

THAT WILL NOT CHANGE UNLESS THE LAW IS CHANGED BY THE NEVADA LEGISLATURE WHO BY ALL ACCOUNTS THIS PROBABLY WILL NEVER HAPPEN AS THE BIG GUNS IN THE GAMING INDUSTRY WERE BEHIND THE PASSAGE OF THIS LAW IN THE FIRST PLACE.

________
David

[Kelso]

THE BIG GUNS IN THE GAMING INDUSTRY WERE BEHIND THE PASSAGE OF THIS LAW IN THE FIRST PLACE.


Wonder what they'll do (and whom they'll blame) if/when Aruba makes the U.S. knuckle under on offshore gambling.

[David-LV]

Wonder what they'll do (and whom they'll blame) if/when Aruba makes the U.S. knuckle under on offshore gambling.

These Nevada Corporations don't care about Aruba or the islands at all.

They are making so much money from their casinos in Macau to their casinos in Las Vegas that they don't have time to worry about anything or anybody else.

The only worry they have is how fast can they count the cash.

All these corporations do is spent billions of dollars every year building new casinos and hotels worldwide, so I don't think they will be KNUCKLING UNDER ANY TIME SOON.

ARUBA IS JUST A SPIT IN THE OCEAN COMPARED TO THE SIZE AND THE CASH FLOW THAT THESE CASINOS GENERATE DAY IN AND DAY OUT.

______
David

[Kelso]

These Nevada Corporations don't care about Aruba or the islands at all.


Well, you've indicated they cared enough about rebates to get them barred in Nevada. Presumably, it was to save some of that money that you say is in such long supply.

Their racebooks will get shot to hell (read ... won't make nearly as much MONEY) when betting with offshore books, and getting REBATES therefrom, is forced on the US by little ol' Aruba. Tracks and ADWs in OTHER STATES will have no competitive choice but to push THEIR legislatures to allow rebates. I think the Nevada casino fatcats will fall in line.

[o_crunk]

ARUBA IS JUST A SPIT IN THE OCEAN COMPARED TO THE SIZE AND THE CASH FLOW THAT THESE CASINOS GENERATE DAY IN AND DAY OUT.


i was with you until this part. you don't think that the casinos care about all that poker money, all that football money and all that race money going in droves(!!!!) to the off shores? how much of that nfl money do these sports books see as a percentage wagered overall? poker too? horse racing?

they care...they just happen to have the mentality of the music business by passing regulation that puts up walls instead of taking them down because taking them down means they have to share just a *little* bit of the pot.

the music business could have cashed in with the internet....they're just suing their customers now as their sales drop off double digits year after year just because they can't adapt and change.

same thing going on here with the casinos and the internet. music piracy is the same thing as playing poker online...it's illegal but who is that stopping?

[David-LV]

Well, you've indicated they cared enough about rebates to get them barred in Nevada. Presumably, it was to save some of that money that you say is in such long supply.

Their racebooks will get shot to hell (read ... won't make nearly as much MONEY) when betting with offshore books, and getting REBATES therefrom, is forced on the US by little ol' Aruba. Tracks and ADWs in OTHER STATES will have no competitive choice but to push THEIR legislatures to allow rebates. I think the Nevada casino fatcats will fall in line.


IT IS REAL SIMPLE, THE HORSE PLAYER IS LIKE A NAT ON THEIR REAR ENDS.
NEVADA IS JUST LIKE EVERY WHERE ELSE.
THE PEOPLE THAT SUPPORT THIS GREAT SPORT THAT WE LOVE ARE AT THE BOTTOM OF THE TOTEM POLE.

NOW TAKE AWAY THEIR SLOT PLAYERS THEN THEY MAY CARE.

THE MONEY THAT IS MADE IN RACE & I'LL INCLUDE SPORTS ALSO DOES NOT AMOUNT TO MORE THAN 4% OF THEIR YEARLY PROFITS.

WHEN YOU COMPARE THE TOTAL SIZE OF THE CASINOS FLOOR SPACE, THE RACE BOOKS TAKE UP A VERY SMALL AMOUNT OF SPACE.

Having been in the business for 32 years I was in on many meeting on just this subject of how much floor space to allocate to the race and sports book.

__________
David

[David-LV]

i was with you until this part. you don't think that the casinos care about all that poker money, all that football money and all that race money going in droves(!!!!) to the off shores? how much of that nfl money do these sports books see as a percentage wagered overall? poker too? horse racing?

they care...they just happen to have the mentality of the music business by passing regulation that puts up walls instead of taking them down because taking them down means they have to share just a *little* bit of the pot.

the music business could have cashed in with the internet....they're just suing their customers now as their sales drop off double digits year after year just because they can't adapt and change.

same thing going on here with the casinos and the internet. music piracy is the same thing as playing poker online...it's illegal but who is that stopping?

I DON'T THINK WE ARE GOING TO HAVE TO PASS THE HAT AROUND ANYTIME SOON.

READ BELOW, NEED I SAY MORE.

_______
David

NEVADA GAMBLERS LOSE $1.15 BILLION IN JULY, UP 10 PCT

NEW YORK, Sept 12 (Reuters) - Gamblers lost $1.15 billion at Nevada casinos in July, 10.3 percent more than in the same month a year earlier, Nevada's Gaming Control Board said on Wednesday.

After a record fiscal 2007, casino gambling revenue, known as gaming win, keeps growing in the U.S. casino capital, despite fears of an economic slowdown and the growing challenge posed by Chinese gambling enclave Macau and new slot machine facilities on the U.S. East Coast.

The Las Vegas Strip -- the heart of Nevada's casino industry -- led the gains, reporting a gaming win of $607 million for July, up 14 percent from a year earlier.

Based on July's taxable revenues, the state of Nevada collected $76.6 million in percentage fees during August, up 17 percent from the previous year.

The jump in August fee collections offsets a 12.8 percent fall in July. For the first two months of fiscal 2008, fee collections are 3.4 percent ahead of last year.

Las Vegas Strip properties include casinos operated by Harrah's Entertainment Inc (HET.N: Quote (http://www.reuters.com/stocks/quote?symbol=HET.N), Profile (http://www.reuters.com/stocks/companyProfile?symbol=HET.N), Research (http://www.reuters.com/stocks/researchReports?symbol=HET.N)), MGM Mirage Inc (MGM.N: Quote (http://www.reuters.com/stocks/quote?symbol=MGM.N), Profile (http://www.reuters.com/stocks/companyProfile?symbol=MGM.N), Research (http://www.reuters.com/stocks/researchReports?symbol=MGM.N)), Las Vegas Sands Corp (LVS.N: Quote (http://www.reuters.com/stocks/quote?symbol=LVS.N), Profile (http://www.reuters.com/stocks/companyProfile?symbol=LVS.N), Research (http://www.reuters.com/stocks/researchReports?symbol=LVS.N)) and Wynn Resorts Ltd (WYNN.O: Quote (http://www.reuters.com/stocks/quote?symbol=WYNN.O), Profile (http://www.reuters.com/stocks/companyProfile?symbol=WYNN.O), Research (http://www.reuters.com/stocks/researchReports?symbol=WYNN.O)).

Other major gambling companies with casinos in Nevada include Boyd Gaming Corp (BYD.N: Quote (http://www.reuters.com/stocks/quote?symbol=BYD.N), Profile (http://www.reuters.com/stocks/companyProfile?symbol=BYD.N), Research (http://www.reuters.com/stocks/researchReports?symbol=BYD.N)) and Station Casinos Inc (STN.N: Quote (http://www.reuters.com/stocks/quote?symbol=STN.N), Profile (http://www.reuters.com/stocks/companyProfile?symbol=STN.N), Research (http://www.reuters.com/stocks/researchReports?symbol=STN.N)). (Reporting by Chris Reiter)






© Reuters2007All rights reserved

[badcompany]

David,

Do you have a percentage breakdown as to how much was lost at each type of game?

From what I've heard, slots account for about 75%. The last time I was in AC, I was struck by how many slot machines there were as opposed to crap tables which seemed to be almost extinct.

[garyoz]

Dan,

You are correct, getting a room is easy if you are a player, but getting a room is a COMP AND IS NOT CASH. [/b]

Which gets us back to point. Cranking through place and show bets for a room in Laughlin is not that far above being homeless.

[GaryG]

Which gets us back to point. Cranking through place and show bets for a room in Laughlin is not that far above being homeless.That is for sure. The Arizona desert was a welcome sight after leaving Laughlin.

[David-LV]

David,

Do you have a percentage breakdown as to how much was lost at each type of game?

From what I've heard, slots account for about 75%. The last time I was in AC, I was struck by how many slot machines there were as opposed to crap tables which seemed to be almost extinct.


THIS LINK FROM THE LV REVIEW JOURNAL GIVE A SHORT BREAKDOWN
FOR JULY.


http://www.lvrj.com/business/9755937.html


_________
David

[David-LV]

David,

Do you have a percentage breakdown as to how much was lost at each type of game?

From what I've heard, slots account for about 75%. The last time I was in AC, I was struck by how many slot machines there were as opposed to crap tables which seemed to be almost extinct.


YOU HIT THE NAIL RIGHT ON THE HEAD-SLOTS 75%, EVERYTHING ELSE 25%.


_________
David




http://images.townnews.com/nctimes.com/art/link.gif (https://secure.townnews.com/nctimes.com/forms/link/linkform.php?des= Nevada casinos win record $12.7 billion in fiscal 2007) Nevada casinos win record $12.7 billion in fiscal 2007

By: BRENDAN RILEY - Associated Press CARSON CITY, Nev. -- Despite a slowing economy, Nevada casinos closed fiscal 2007 with a record $12.74 billion win from gamblers and a 4.6 percent increase over the previous year, according to a state report released Friday.

The win, reported by the state Gaming Control Board, was the amount left at the casinos by gamblers who wagered a record $170 billion during the fiscal year.

"It's an all-time record fiscal-year gaming win, but it's the smallest growth rate in the last four years," GCB analyst Frank Streshley said, adding that the latest increase is well under the previous year's 10.7 percent growth and slightly below the average 5.4 percent growth over the past 10 years.

Read the rest here:

http://www.nctimes.com/articles/2007/08/11/news/state/12_08_048_10_07.txt

[Kelso]

THE MONEY THAT IS MADE IN RACE & I'LL INCLUDE SPORTS ALSO DOES NOT AMOUNT TO MORE THAN 4% OF THEIR YEARLY PROFITS.

<snip>

Having been in the business for 32 years I was in on many meeting on just this subject of how much floor space to allocate to the race and sports book.


Oh ... does this mean you really don't like the idea of cash rebates?

Are you still in the business? If not, perhaps it's because of the manner in which you so blithely dismiss 4% of any company's/industry's profits. If the industry actually cared so little about that 4%, I'm sure they'd have easily found a way by now to fill the floor space with something else.

[David-LV]

Oh ... does this mean you really don't like the idea of cash rebates?

Are you still in the business? If not, perhaps it's because of the manner in which you so blithely dismiss 4% of any company's/industry's profits. If the industry actually cared so little about that 4%, I'm sure they'd have easily found a way by now to fill the floor space with something else.

I loved cash rebates, but I was a little fish in a big pond.

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David