Airlines and Airports
Air France-KLM Places Massive Aircraft Order
Is Travel Cash a Thing of the Past?
Guanajuato is Ready to Host Your Next MICE Event
Save up to 25% + $150 Resort Credit at Aulani, A Disney Resort & Spa
Blue Sky Tours
Greater Miami & Miami Beach Specialist
Travel Suppliers With the Best Commissions for Travel Advisors
Partner With Palladium and Sell as a Specialist
It’s every gambler’s dream to travel to Las Vegas and come home rich. But you better hope for a lucky spin at slots because casinos are making it harder and harder to win at table games and roulette.For instance, gamblers lost $1 billion on blackjack alone in 2022. Why? Because it costs more to play, and the payouts are less for winning."You're bringing in higher value customers, and we're already full," Tom Reeg, Caesars Entertainment CEO, told Wall Street analysts. "So, you're kicking out the lowest end. I see no reason that that needs to stop or would stop."Instead of winning $15 for every $10 that they bet on blackjack, gamblers are now winning $12 for every $10 bet. At the same time, casinos are raising the table limits in order to even sit down and play.Even playing roulette has become more expensive. Many Las Vegas Strip hotels have added a triple zero to their roulette wheels, making it harder to win any appreciable money. Think about it. The odds of winning in roulette with an exact number are 36 to 1. Even adding one number to the wheel increases the odds.It will be a boon for the downtown hotels that still offer nickel slots. It is a line of demarcation between the Strip hotels and downtown regarding the high-volume gamblers.
It also confirms another Las Vegas truism – no matter how much a gambler bets, keep them at the table for as long as possible. Eventually, the house edge kicks in and the gambler will end up betting it all back.
Rich Thomaselli has written for TravelPulse since 2014 and has been a professional journalist for nearly 40 years. His work has...
the latest travel news, advice, updates, upcoming exclusive deals and more.
CEO of Zenbiz Travel, LLC
What to Make of JetBlue Trying Its Hand in Court
Highlights of the Dominican Republic TravFORUM