Welcome to Las Vegas! My name is Victor H. Royer, but everyone just calls me Vegas Vic. I was named after that famous neon sign in Downtown Las Vegas, that cowboy with the hat on top of the Pioneer Club, always waving his hand and beckoning to his long love, Sassy Sally, on the other side of the street. I will be writing a few articles for AccessVegas.com, so I hope you enjoy them.
The Lady M Part Two
"See those machines?" he asked, pointing to the three new machines that were brought over. I nodded.
"These are $500 machines," he continued. "That's $500 per token! And each machine takes three of them. That's $1,500 per pull, on three machines at the same time. She bets $4,500 per pull. It takes about one minute for her to make these pulls. There are 60 minutes per hour, right? This means she puts in $270,000 per hour! Actually, given distractions, hand-pays, and so on, it averages to about $230,000 to $250,000 per hour. Every hour. And she plays for eight to twelve hours per session. That's pretty good for one player."
I had to agree. It turned out that Lady M didn't want to be known by her real name, although everyone knew it. About a month before, she won $12 million from these same three machines. When she left, the casino had them removed. Then came the memo that said to put them back, because at that time Caesars Palace was the only casino in Las Vegas that had slots that high. And the lady wanted to come back. Caesars sent their own private jet for her, to get her from wherever she might have been. In fact, that's what Caesars used to do, and still does—as do the other casinos. For some of their customers, they will send their own private jets to pick them up from anywhere in the world, and fly them in whenever they want to come. In this case, Lady M. was in Hong Kong, and she called her host and said she wanted to come. So, they sent a plane to fetch her, and she just arrived and wanted to head straight for her favorite slots, only to find out they weren't there. No wonder she was angry. In the end, she would lose $6 million that evening. She was still there, playing, at 7:00 a.m., by which time I was tired and went to bed.
When I came back down again about twelve hours later, she was not there. I asked my friend what happened, and he told me about her loss, but that she would be back shortly. Apparently she got tired at about 9:00 a.m., and went to bed. Usually, she came down around 8:00 or 9:00 at night and played all night. In fact, many high-rollers prefer to play at night. Not only do they get better service, but there aren't that many distracting crowds looking in, in the event that they do play in sections of the casino that are open to the general public. What most people don't know is that Nevada had a law at the time that prohibited the use of private casinos that are shut off to the general public. Yes, there are private casinos in all the major hotels, but these are still accessible to the general public—technically anyway. Entry to these casinos, or these areas within the general casino, is usually open only to players by invitation.
Victor H. Royer is the Author of 22 books on casino gaming. His newest series of 13 books -- including the new release Powerful Profits from Tournament Poker -- are now available in all major book stores, or from The Gambler's Book Shop at 1-800-522-1777, or at Amazon.Com. Visit his Web site at: http://hometown.aol.com/vicnvegas/myhomepage/newsletter.html
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