Horseshoe (LV)

Some observations from past week in Vegas

Horseshoe:

* rumours in pit of Harrahs takeover
* gift shop has been closed and emptied out
* various Binion memorabilia (guns, etc) removed from walls, but
some remains
* all tables are SD , easy to get 5.00 table during day if that
is your thing
* NO DD, and only 2 shoe games both double exposure
* dealer was told to shuffle before dealing 2nd hand when I increased
bet from 1 green to 4 green. (count was horrible I was just
aggravated and tossed it up there)
* dealer was told to shuffle on another occasion when I went from 1
hand to 2 (despite fact that there is not a mid entry rule)

Just some observations

That would be such a loss to everyone, both gamblers and the city. I hope Becky B. doesn't let her father's legacy slip away. The gift shop thing is kind of weird, though. Why close that?
N.P.

What will the prices be for those 'souveniers' after the sale. They all are potentially collectors items with inflated prices, since they are new, never-used, never-worn, and from the 'original' Horseshoe.

Plus it eliminates those retail jobs in an 'off' season for Vegas, reduces the security department workload, reduces the cleaning crew's workload, allows the store's equipment and retail fixtures to be sold for a profit (a dollar is a dollar, Harrah's would have replaced them with their own preferred equipment and fixtures anyway, and the lack of those items would probably not reduce the purchase price for the Horseshoe). Also, minimizing the light and temperature requirements in the store space will provide savings on the utility bills.

Yeah, you're probably right. I guess that's almost always the bottom line. It's funny; Benny B. loved the Horseshoe because he was doing what he loved. It was the culmination of his life's work. Does Becky B. love what she's doing? Does she feel that way about it? I thought Jack Binion did, but not enough I guess. I wonder what their father would say.
N.P.

Jack did. That is why he sold most of it to Becky. He could not take her constant complaining and interference, when he knew she was wrong.

Evidence is the way his casino chain used his father's ideas - decent games, decent food, and easy comps, knowing the edge would win for the house.

Becky's penny-pinching and squeeze the customer dry tactics have obviously not worked, which is why she is selling. She and her son have not even been able to capitalize on the current ground-swell in poker popularity. The ESPN series is worth tens-of-millions of dollars in free publicity and the last two years have set records on participation in the WSOP. However, they have fumbled the ball repeatedly with the participants.

It is too bad. Benny built a good casino.

I agree with SB. If they are pretty consistent with shuffles whenever you increase your bet significantly, then it is a very beatable game. You are basically wonging in and out at a count of 0, so just size your bets accordingly and go to town.

Harrah's definitely has attempted to buyout Horseshoe in Tunica...could that be what you were hearing? I pray LV Horseshoe stays out of the hands of Harrahs...

Good news I heard is that there is problems for Harrahs getting the approval on the Shoe buyout in Tunica...seems they would have a stranglehold on the market there and the regulators are crying foul...keep your fingers crossed.

No, sorry.... this all occured at Binions in LV...

I will be there again this weekend and will report any observations