Looking beyond baccarat in the Las Vegas Business Press

I’ve got a new column in the Las Vegas Business Press today, about the possibly diminishing impact of baccarat: With the recent release by the Gaming Control Board of the December 2011 Gaming Revenue Report, we can understand what happened to Nevadas gaming industry in 2011, and where the state is headed in 2012.Overall, it … Read more

Baccarat doesn’t = back in LVBP

In my latest Las Vegas Business Press column, I dissect the August 2010 Nevada gaming numbers: And if your casino doesn't offer baccarat or high-end play, you might be out of luck. With only 22 out of the 329 casinos with nonrestricted licenses in the state 6.7 percent offering the game, only a few are … Read more

Not a happy June in the LVBP

My latest Las Vegas Business Press column is out, in which I dissect the June Nevada numbers: The June results are in, and whatever the national economic picture, one thing is certain: Nevada gaming remains moribund. The figures released by the Gaming Control Board aren’t much cause for optimism, though things look a little better … Read more

Bacc talk in LVBP, thoughts on empiricism

This week’s Las Vegas Business Press column takes a closer look at the game of baccarat, which is becoming more and more important on the Strip: At the level of the individual casino, there are even greater swings of fortune. Unlike Nevada, New Jersey discloses separate results for each of its casinos. This allows analysts … Read more

Volatility attacks! in the LVBP

The latest Las Vegas Business Press is on the streets, and it includes my thoughts on the April numbers: April revenue results for Nevada’s casinos contained a not-unexpected surprise. The hands of fate, in the form of a lower-than-usual baccarat hold percentage, finally caught up with the state, proving that an over-reliance on high-end gamblers … Read more

New paper on Baccarat

I’ve posted the latest in the Occasional Paper Series over at the Center for Gaming Research. It’s a great read: Paper 03: May 2010 Theodore Whiting. “The History of Baccarat,” Occasional Paper Series 3. Las Vegas: Center for Gaming Research, University Libraries, University of Nevada Las Vegas, 2010. Abstract: The true origins of modern Baccarat … Read more

Keep the champagne on ice for now

My extended commentary on February’s Nevada gaming numbers is out in the Las Vegas Business Press. Here’s the start: The February gaming revenue numbers for Nevada caused some cheer around the state and on Wall Street. Total casino win rose 13.9 percent, the first double-digit increase in nearly three years. But if this is cause … Read more

NV February numbers good, not great

Las Vegas Strip casinos had a strong February. From the LVRJ: When combining the first two months of 2010, gaming revenues are up 5 percent statewide and 13.4 percent on the Strip. “February turned out to be the perfect storm,” Control Board Tax and License Division Chief Frank Streshley said. “It was a record for … Read more

Speaking of baccarat…

I’ve posted a new report at the Center for Gaming Research website: a statistical breakdown of the evolution of Nevada baccarat, 1992-2010. Here’s my description: This chart shows the trajectory of Nevada baccarat since 1992. The total baccarat win and number of tables grown over the past eighteen years, both in absolute terms and as … Read more