Green Felt Journal

Green Felt Journal

One Game’s Wild Ride

Caribbean Stud's slow disappearance from casinos is nearly complete

The gambling urge is pretty much universal and just about timeless. But the ways people gamble—those change quite a bit. For a while, faro was the Game That Won the West, surpassing all others in popularity. Then, fueled by the return of servicemen who’d played it during World War II, craps had its day, followed by the ascendance of blackjack after players learned they could “beat the dealer.” Read more »

Green Felt Journal

MGM's Park, and Competition With Linq, Will Be Good for Vegas

MGM Resorts released the official announcement this morning about its latest Las Vegas Strip project, The Park. The big question is, “What’s this mean for Vegas?” Read more »

Green Felt Journal

Will Video Games Go Vegas?

As slots are losing the youth market, gaming plans its next move

“Gambling,” said John Acres at last year’s Global Gaming Expo, “is dead.” For support, the man who has been in the casino business for more than 30 years and invented the modern players-club card cited the plummeting appeal of spinning-reel machines for just about everyone under 40. Read more »

Green Felt Journal

Slot Revenues Fall, High-End Play Rises

February numbers show Vegas casinos’ increasing reliance on big players, especially those from Asia

The numbers are in, and Nevada casinos had a good February overall, with the uneven results demonstrating a great deal about where gambling in the state is right now, and where it might be headed. Read more »

Green Felt Journal

The British Are Coming!

The United Kingdom has developed into a major Vegas feeder market

The two biggest demographics in Las Vegas these days seem to be nightclubbers and international visitors. As a bit of anecdotal evidence of the trend, the casinos in development that have stoked the imagination plan to cater either to the former (SLS, Gansevoort) or the latter (Resorts World). So when you get the two together—international visitors who like to party—you know you’re talking gold mine. Read more »

Vegas Looks Good Next to Atlantic City

Here in Vegas, we think we’ve got it bad. Total gaming win is still off its 2007 high, spending per visitor is down, and, with many companies overburdened with debt, the future is uncertain. But compared to Atlantic City, we are Macau. Read more »

Green Felt Journal

With Resorts World, Macau Comes to Vegas

When Resorts World Las Vegas rises from the abandoned husk of Echelon Place on the north Strip, it will be very different from what Echelon would have been. And the differences tell us a lot about where Las Vegas has gone in the six years since the property’s 2007 groundbreaking. Read more »

Big News Week Shows Shifting Media Landscape

The way the story developed around the Caesars Entertainment resort fees says as much about the nature of modern news as it does about the state of the hospitality industry. Read more »

Green Felt Journal

A Game-Changing Scholar

Bill Eadington, quite possibly the formative figure in the academic study of gambling, died on February 11 at age 67. Even if you weren’t one of his students, never read one of his books or never heard him speak, you’ve benefited from his work. Read more »

Green Felt Journal

How the Brits Gamble

While the British casino industry may be tiny by American standards, sports betting is alive and well. Read more »

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