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Reason I like Bovada #2:

Good Odds

Bovada online casino ad

The odds are always against you when you gamble, so it pays to play at a casino that offers good odds. I spent some time looking for an online casino with good odds, and I found it in Bovada. Let me first tell you about the competition, though.

It's disappointing that most online casinos are greedy when setting the odds on their games. They think they'll make more money by setting the games tighter, so the player has less chance of winning, but they're wrong. Most gamblers eventually gamble away all their playing budget anyway. They're going to lose the same amount of money no matter what, the only question is how long it takes them to do so. And when they play at a tight casino and lose quickly, they're less likely to return.

A casino which offers good odds will make just as much money as a tight casino, because the players will usually gamble away whatever they deposit anyway, no matter what the odds. The only difference is that with better odds, they'll get to play longer before they go bust. And that means they had more fun in the process, and they're more likely to return.

Bovada is one of they few casinos that understands this. They offer games with good odds, knowing that if your money lasts longer, you'll be a happier, loyal customer. Among their offerings are:

  • Two blackjack games returning over 99.8%
  • Single-0 roulette
  • Full-pay Jacks or Better (99.54%)
  • Nine other video poker games returning over 99%

You don't have to play at Bovada, but wherever you play, make sure they offer odds at least this good!

All in all, I think Bovada is the best bet for U.S. players.

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Gambling problem?
Call the 800-522-4700 hotline, and read this.

Also, know that Parkinson's drugs encourage gambling.

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Gambling Problem?
Call the 800-522-4700 hotline, and read this.

Also, know that Parkinson's drugs encourage gambling

Las Vegas Casino Ownership

Last Update: October, 2017.


Who owns Mandalay Bay?  Answer:  MGM Resorts.

See below for a complete list of their Vegas properties.


If you thought most casinos in Vegas were independently owned, think again.  There's a staggering amount of consolidation in Vegas casino ownership.  In fact, just two companies together own the overwhelming majority of strip properties.  So, if you have a bad experience at one casino and think, "Huh!  I'll just take my business across the street!", there's a good chance the new casino you walk into will be owned by the very same company!


This page lists the biggest casino groups, the ones that each own several casinos.  I generally don't include companies that own just 1-3 casinos.  For a comprehensive rundown of casino ownership, see Nick Christenson's excellent list.


The Strip

A whopping 20 of the 29 strip casinos are owned by just two companies. Bye-bye, competition!

MGM Resorts

  1. Aria
  2. Bellagio
  3. Circus Circus
  4. Excalibur
  5. Luxor
  6. Mandalay Bay
  7. MGM Grand
  8. The Mirage
  9. Monte Carlo
  10. New York New York

In 2005 the MGM & Mandalay companies merged, creating the largest gaming company in the world at that time, with 28 properties in five states, annual revenues of $6 billion, and control of 40% of the slots, 44% of the table games, and 36,000 of the 73,000 rooms on the Las Vegas Strip.

Treasure Island used to be part of this group, but MGM Mirage sold it to Phil Ruffin in March 2009.

Cosmpolitan, next to Aria, is actually not part of MGM's CityCenter, and is in fact owned by Deutsche Bank.

 

Caesar's Entertainment

  1. Bally's
  2. Caesars Palace
  3. The Cromwell
  4. Flamingo
  5. Harrah's
  6. Linq
  7. O'Sheas
  8. Paris
  9. Planet Hollywood
  10. Rio
  11. Harrah's (Laughlin)

The 2005 merger between Caesars & Harrah's surpassed MGM/Mandalay to create the largest gaming company in the world, with 40 properties over 100,000 employees.  The merged company was initially known as Harrah's Entertainment, then in Nov. 2010 the name changed to Caesar's Entertainment Corp.

Downtown Vegas

Boyd Gaming

  • California
  • Fremont
  • Main Street Station

Derek & Greg Stevens

  • The D
  • Las Vegas Club
Individually-owned
Boyd Gaming
Downtown
  • California
  • Fremont
  • Main Street Station
Locals Casinos
  • Aliante
  • Gold Coast
  • Orleans
  • Sam's Town
  • Suncoast
Not in Vegas
  • Eldorado (Henderson)
  • Joker's Wild (Henderson)
  • Sam's Town Gold River (Laughlin)

Station Casinos

  • Boulder Station
  • Palace Station
  • Santa Fe Station
  • Sunset Station
  • Texas Station

  • Fiesta Henderson
  • Fiesta Rancho
  • Red Rock Casino
  • Wild Wild West
  • Wildfire
  • Green Valley Ranch
  • Barley's
  • The Greens
  • Gold Rush
  • Magic Star
  • Lake Mead
  • Renata's Casino
     
  • Thunder Valley (Lincoln, CA)

Ownership changes

  • Gold Spike, Las Vegas Club, The Plaza, and the Western are sold by Jackie Gaughan to Barrick Gaming for $82 million, along with 35 acres of land and two downtown motels.  Gaughan retains control of the El Cortez. (March 2004)
  • Boyd Gaming and Coast Casinos merged in Feb. 2004 in a deal reportedly worth $1.3 billion. Coast had Barbary Coast, Gold Coast, Orleans, and Suncoast. Boyd had Stardust, Fremont, California, Main St. Station, Sam's Town, Joker's Wild, the Eldorado in Henderson, half of the Borgata in Atlantic City, and casinos in the Midwest and South.

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