Monday, November 14, 2011

Blackjack Player responsible for Casino loss?



Blackjack whiz Don Johnson scorched Tropicana Casino and Resort for $2 million in October, adding to the $15 million he had previously won in Atlantic City during an incredible streak of good luck.
Johnson was not the only gambler who scored big last month. Figures released Thursday by the New Jersey Division of Gaming Enforcement showed that casino table games revenue plunged nearly 17 percent industrywide in October, while slot machines were down 4 percent.
Overall, the 11 casino hotels posted $261.7 million in revenue, a decline of 8 percent compared with $284 million in October 2010. Atlantic City's wobbly gaming industry has suffered 38 straight months of revenue declines.
October's figures were remarkable for the casinos' awful luck at the table games. In other words, gamblers beat the house this time around. Johnson disclosed that he won $2 million at Tropicana's blackjack tables. His story was confirmed by Tropicana Chief Executive Officer Tony Rodio after Johnson spoke to The Press of Atlantic City.
He hit it big again at Tropicana in October. His exploits were the main reason Tropicana's table games revenue plummeted 57 percent for the month. Rodio said another Tropicana table games player won close to $1 million in October. The gambler's name was not revealed.
"Other casinos took a drubbing at the tables in October. Figures show table games revenue fell nearly 50 percent at Golden Nugget Atlantic City and about 47 percent at ACH, formerly known as the Atlantic City Hilton Casino Resort. Trump Plaza Hotel and Casino and Harrah's Resort both saw their table games revenue decline by about 35 percent.
Good to see players making money and the house losing! Keep up the good work, players!

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