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Chinese high rollers head to Saipan

Macau now has competition.

The Pacific island of Saipan is suddenly becoming a destination spot for Chinese high rollers, and the makeshift casino is cleaning up. The casino also happens to be run by a former protege of President-elect Donald Trump. The video above from Bloomberg explains how the staggering numbers have attracted the attention of U.S. anti-money laundering officials.

  

Bottle Service at the Playboy Mansion

Don’t bother going to a party at the Playboy Mansion unless you’re willing to spring for bottle service.

Unless you’re a loser that wants to stand around and gawk at all the hotties that get invited to these parties, you better have a table to some of them might actually come and talk to you.

  

Setting the Super Bowl lines

So who do you have today? The Broncos or the Seahawks? It’s the biggest sports betting day of the year, and there will be tons of high rollers in Las Vegas, New York and around the country laying money on the game or one of the many prop bets.

Here’s an interesting article on how the lines get set. High rollers of course already know how this works, but the article is pretty good at explaining it and also telling some good stories, like this one:

The handicapper predicts what team will win; the bookmaker doesn’t care who wins. So when Super Bowl XXIII rolled around and the San Francisco 49ers were a 7-point favorite against the Cincinnati Bengals, Gaughan — the man who revolutionized sports bookmaking in Vegas — decided to split the action.

You could have the 49ers at minus-6.5 or the Bengals plus-7.5 at Gaughan’s Barbary Coast property. He’d make the game attractive to both sides, drive as much money on the game as possible, and would likely win on either side. The only way he’d lose — and potentially lose big — was if the 49ers won by 7 and he had to pay both sides.

Going into the fourth quarter, the Bengals led the 49ers 13-6, with the game sitting on that disastrous 7-point margin. Two San Francisco touchdowns would have cost him $18 million.

It wasn’t until three minutes remained in the game, when the Bengals kicked a field goal to go up 16-13, that the game moved off a potential 7-point margin.

“I was in bed with the covers over my head,” Gaughan said. “I’d still be paying it off today.”

Check it out.

  

Sean “Diddy” Combs loses $1,000,000 in dice game?

That’s the report we’re hearing based in part on Diddy’s Instagram video you can see below. Apparently he lost some bets with fellow rapper Rick Ross.

  

Low rollers rule Las Vegas

slot machines las vegas

The game is changing in Las Vegas. There are still plenty of incredible ways to enjoy the place if you’re a high rollers, but now the low rollers are arriving in droves. They love to party and hit the clubs, but they’re really not into gambling that much. Time has a story focusing on the new trend.

Vegas is packed again, but the casinos aren’t making the gaming revenues they saw in past years. We’ve discussed this many times, as the trends have been obvious.

One issue is that the casinos don’t cater to serious gamblers like before. The new corporate entities are so obsessed with maximizing every inch of the casino that they are flooding them with slots. Blackjack doesn’t get the attention we saw in the past, but this is one of the games that attracts people who like to gamble. The casinos have played with the rules way too much.

It’s harder for a group of guys who want to gamble as a group to find a table in the best casinos that will satisfy everyone in the group. Limits are too high, so while a casino might not want guys who play the $10 tables, their friends might be the ones who bet $100 per hand.

I think casinos need to think about catering to guys who love to gamble, and that will help create environments that attract more high rollers.

  

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