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Nevada Blackjack Market Continues To Contract

That was down 2.5 percent compared to the same period a year prior, and it came despite a relatively high hold of 14.2 percent during the period. March 2018 blackjack revenue of $95.22 million was a steep 15.5 percent year-over-year decline. Blackjack revenue over the three months prior to April was down 14.8 percent. The start to this year hasn’t been kind to the game. Statewide blackjack win in calendar year 2017 was $1.2 billion, an increase of 5.4 percent compared to 2016. In other words, blackjack has been hit hard over the last handful of months. The Nevada record for blackjack revenue came in 2007, when the casinos took in $1.42 billion from the game. It’s worth noting that Nevada has shed about 600 blackjack tables since 2007. Also since 2007, Nevada blackjack win has fallen in five of the years, while growing in the other five. It fell to a low of $975 million in 2010, before inching back up.

For the original version including any supplementary images or video, visit https://www.cardplayer.com/poker-news/22781-nevada-blackjack-market-continues-to-contract

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Rivers Casino owner fined for extra card during blackjack play

LP for four incidents including what regulators said was leaving an extra card during a table game of blackjack for 863 hands. The Pennsylvania Gaming Control Board approved the fine for Holdings Acquisition as well as a $10,000 fine for Woodlands Fayette and IOC-PA LLC over allowing access to the Lady Luck Casino Nemacolin an unnamed person who had put himself on the gaming self-exclusion list. Both fines were the result of consent agreements with the companies as well as the board's Office of Enforcement Counsel. The Rivers Casino consent agreement included separate incidents where regulators said that a card with a different color backing was in play for 350 hands of blackjack and another time when one was in 94 rounds of play. A fourth incident, also with a card with a different color backing, was in play for 64 rounds of mini-baccarat. The state didn't release any more information, including dates, for the incidents.

For the original version including any supplementary images or video, visit https://www.bizjournals.com/pittsburgh/news/2018/01/11/rivers-casino-owner-fined-for-extra-card-during.html

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