Saturday, November 14

Younger Men Dominate Table Games

Aggressive Players

By Gary Rotstein

New survey data of Pennsylvania gamblers supports what casino officials have long stated — they can expect a younger, more masculine group of customers if they add table games to their options.

The differences between slots players and those wagering on poker, blackjack, craps, roulette and other games were among the findings of a 2008 Pennsylvania Department of Health telephone survey.

Typically consisting of interviews with more than 1,000 Pennsylvanians monthly who are 18 and older, the survey found that 46 percent of them had gambled in some form in the previous 12 months.

That was higher than the 43 percent who reported gambling in similar 2007 surveying, although a health department analysis termed the increase “not a significant change.”

Among the 2008 respondents, however, there was significantly more gambling by males than females (53 percent to 40 percent), by whites than blacks (48 percent to 32 percent) and by those with household income above $35,000 (51 percent to 43 percent in poorer households).

Among the gamblers, 39 percent had played slot machines and 17.5 percent had played table games in the prior year — both far less than the 85 percent of gamblers who purchased lottery tickets. Because table games have been illegal in Pennsylvania, the 17.5 percent reflected play by those who traveled outside the state or participated in home games among acquaintances.

Women held a slight edge over men among slots players, 52 percent to 48 percent, but men made up three of every four table games players.

And while the 55-and-older population represented a greater share of slots players than either the 40-54 or 18-39 age groups, those younger than 40 made up 54 percent of table games players. The 55-plus population represented just 17.5 percent of Pennsylvanians who play table games, compared to a 40 percent share of slots players.

About half of table games players said they had also played slots during the past year, the survey found.

Sean Sullivan, general manager of The Meadows Racetrack & Casino, said the information meshes with what he has observed in nearly three decades in the casino business in states outside of Pennsylvania.

“Table games is a very social behavior, where it’s you and five or six people at a table, plus a dealer, and it seems to resonate better with a younger audience,” Mr. Sullivan said. “People in the older group, often they just want to sit down and relax.”

At the same time, he said that decades ago in Nevada, women commonly made up a clear majority of slots players while men gravitated to the tables. These days, he said, men are far more likely to also enjoy the slots.

Key lawmakers are currently discussing provisions of a bill expected to be enacted soon to allow table games at the nine existing Pennsylvania casinos, plus potentially five more. The games could be in operation within a half-year after passage of a bill, and Mr. Sullivan said it will modify the appearance of casinos.

“We’re looking forward to broadening our demographic appeal,” he said. “I don’t think it’s a paradigm shift for the property, but it opens the door to a younger set that might be leaving the state now and going across the border to West Virginia.”

In the state survey, known as the Behavioral Risk Factor Surveillance System, 1.4 percent of those who gambled reported that it caused personal or financial problems in the past year. The prior year, when fewer slots parlors were open, less than 1 percent reported such problems.

“This is not a significant change compared to the corresponding 2007 figure,” a health department analysis of the data said. “However, due to self-reporting this estimate may be low because respondents may under-report these types of problems.”

Health officials say the still-modest 1.4 percent willing to admit troubles jibes with light use by the public thus far of the state’s treatment and reimbursement system for problem gamblers who seek counseling.

“I don’t think there’s a whole lot of folks now running out to the casinos who haven’t done that somewhere before,” and are lapsing into gambling addiction from it, said Robin Rothermel, director of the health department’s Bureau of Drug and Alcohol Programs.

The same surveying is continuing as officials explore whether the opening of new casinos in Pittsburgh, Bethlehem and Philadelphia and the expected addition of table games creates more problem gamblers.

Studies have traditionally found a high degree of alcohol or drug use among compulsive gamblers. Among those in the 2008 state survey who had used alcohol in the past 30 days, 56 percent said they had gambled, compared to 34 percent of those who had not used alcohol.

Ms. Rothermel said the bureau will expect drug and alcohol treatment providers once they’re under new service contracts in July 2010 to screen their clients for gambling problems. Such screening is optional now.

Gary Rotstein can be reached at grotstein@post-gazette.com or 412-263-1255.

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Wednesday, November 11

Online Poker is Winning the Media Battle

Aggressive Players

If winning the battle in the media is a prelude to success in Congress for the argument to license and regulate online poker, then two recent articles are sure to help.

Two high-profile newspapers have spoken out on the issue over the past few months, each in favor of poker’ s cause — the Washington Post and the Los Angeles Times.

These weren’ t just news articles reporting on the latest court case or bill involving poker. These articles were written by nationally respected columnists weighing in with their opinion, and both showed an understanding of the issue that many people on Capitol Hill still lack.

“It’ s fair to say that the American approach to Internet gambling, which is legal in much of the rest of the world, is absurd,” Michael Hilztik wrote in the Times.

“Congress probably should fold its interference with Internet gambling and certainly should get its 10 thumbs off Americans’ freedom to exercise their poker skills online,” George F. Will wrote in the Post.

It couldn’ t have been said better if poker’ s advocates had written the statements themselves — and it’ s no coincidence that both papers spoke to the Poker Players Alliance.

“I think we see pockets of interest from the national media on this issue,” said John Pappas, executive director of the PPA. “I wouldn’ t say the tide is turning because it’ s always seemed the media understood this issue a whole lot better than Congress, that licensing and regulation is far superior than prohibition. Media has been there for a while, and we hope that it’ s going lead to changing minds on Capitol Hill.”

The PPA is getting plenty of mileage out of these articles, keeping office-supply stores in business with how many copies it has made of each. Each time a PPA representative meets with a congressman or senator, a packet of articles is left behind.

Will is considered a Republican columnist, making his article especially useful in trying to convince Republican congressmen, the key group with which poker advocates need to make progress.

Articles in small regional papers don’ t get much attention nationally but can be more important in influencing an individual congressman.

“It obviously helps when you go into (government) offices and can show articles from major publications,” Pappas said. “But smaller stories in hometown papers are great for congressmen because those are the papers their constituents read. A combination of both, hometown stories and national high-profile stories, works best.”

Media opinion pieces usually reflect the views of the people, which is why they capture the attention of Congress. Once officials on Capitol Hill realize that the overwhelming will of the people who elect them is to have the right to play online poker, legalization will occur.

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Tuesday, November 3

7 Winning Poker Strategies for Texas Holdem

Aggressive Players

The tips and strategies below will increase your chances at winning Texas Holdem poker.

Play Tight

One winning poker strategy is if everyone at the Texas Holdem poker table plays loose, then no one can win. The players will trade pots back and forth while the casino slowly rakes all their money. The better Texas Holdem players will lose less, but in the long run, no one can win. It’s also true that no one can win if everyone plays tight. The tight players will trade smaller pots back and forth while the casino rakes all their money. The better Texas Holdem players will lose less, but no one can win.

Position

Another winning poker strategy is that most Texas Holdem poker players agree that more hole cards can be played profitably in late position than in early position. Any Texas Holdem hole cards that win money in early position will certainly win more money in late postion. Any hole cards that lose money in early position are probably not worth playing in any position.

Rakes

Casinos and poker rooms either rake each pot or charge the players on a time basis. It’s part of the poker player’s overhead. There are various methods of collecting from the players, but it really boils down to just two ways. If the money is taken from the pot, it’s a rake. If the money is collected from the players equally, it’s a time charge although it might be called something else.

Tokes

Tokes are an important part of the dealers’ income and part of the poker player’s overhead. You want the dealers to make their money, but keep your toking affordable.

Play Records

A fifth winning poker strategy is if you don’t keep records of your Texas Holdem poker playing, start now. Make a form on your computer and print some copies. If you have the software, set up a database on your hard drive. At least get a notebook and a calculator. If you need to make notes in the casino, write on the back of a keno ticket and copy the information to your play records when you get home. Accurate play records will tell you a lot about yourself, your strategy and your opponents.

Strategy Variations

Another winning poker strategy is Texas Holdem poker players and Texas Holdem experts know that you should vary your play to confuse and bewilder the other players. If you play every hand the same way, you risk being labeled a robot by your fellow players and you won’t get any respect at the poker table. Not only that, you’ll have to endure all the poker articles and player remarks about how easy you are to beat in Texas Holdem poker because you’re so predictable.

Practice

The most important winning poker strategy is that every serious poker player should practice on a regular basis. They must practice if they want to win. Poker is a very competitive arena, and you should practice your strategy if you want to play winning Texas Holdem poker.

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Sunday, November 1

Casino Stocks On The Rise

Aggressive Players

On Friday the stocks of major operators in the casino industry rose, surprising many analysts who have looked on as live casinos in Atlantic City and Las Vegas have suffered over recent months. However, the rise wasn't due to a boom in Las Vegas casino revenues. The rise in stock prices can be attributed to Macau, the Chinese gambling hotspot.

One of the world's foremost gambling hubs, Macau is known as the "Monte Carlo of the Orient." Over the past year it has been home to a host of gambling and casino related events including the Asian Poker Tour and other events hosted by online casino and online poker sites. Macau is home to twenty-eight casinos, which are government-franchised and regulated. The most popular game in Macau casinos is casino baccarat and other popular games include roulette, casino blackjack, keno, Sic bo and Fan-Tan.

As the Macau casino industry grows, so do homeland casino operators with real estate in Macau. Las Vegas Sands, for instance, has projects underway in both Singapore and Macau so even if they aren't showing huge profits in Las Vegas they can make up for it with big casino profits in the Far East.

Analyst David Bain, of Sterne, Agee & Leach, says that now is the time to buy. Growth in the casino industry, thanks to Macau, will be too big to ignore. Analyst Rachael Rothman, of Wedbush Morgan, raised her revenue expectations for Las Vegas Sands, as well as Wynn Resorts as well.

Macau isn't the only place where the casino industry is booming. Online casinos are also doing well, especially considering the economic situation. Many players that once visited the live casino cities of Las Vegas and Atlantic City have now found a home online.

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