Atlantic Club closing
January 5th, 2014 at 6:29:07 PM
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Any thoughts on the advisability of playing there through next Sunday (AC club is closing on Monday, Jan 13 at 12:01 AM)? Thinking there might be almost no heat, if any at all. At the same time, there might not be many games available. And of course, I suppose one should avoid at all costs not cashing in all of one's chips by midnight Sunday.
January 5th, 2014 at 6:31:29 PM
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what are they gonna do, not invite you to watch them tear down the place?
January 5th, 2014 at 6:33:03 PM
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You must cash in chips by the time they lock the doors. They will otherwise be worthless. As for heat, were the games all that great?
January 5th, 2014 at 6:34:20 PM
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I am thinking of the incentives of the dealers, managers, and pit personnel. Are they more likely to make mistakes, either in the player's favor, or against the player? Will they even care about counters varying their bet size?
January 5th, 2014 at 6:34:30 PM
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I remember something with the Sands AC having to give away the progressive jackpots the last day and they did drawings or something like that. Anyone remember the details?
January 5th, 2014 at 6:35:34 PM
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Pokeraddict: don't know, have never played there, but will be in AC next weekend.
January 5th, 2014 at 6:39:40 PM
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Quote: PokeraddictYou must cash in chips by the time they lock the doors. They will otherwise be worthless. As for heat, were the games all that great?
That is almost certainly incorrect.
I recall reading along time ago that NJ requires all casinos to give the state the money for all chips in play. Or maybe once they close they have to give the state the money for chips that were not turned in. Either way, once a casino is closed the state can pay off any uncashed chips. Unless something has changed recently I could be wrong.
Expect the worst and you will never be disappointed.
I AM NOT PART OF GWAE RADIO SHOW
January 5th, 2014 at 6:44:08 PM
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If you don't cash in your AC Club chips by the time they close, you have to file a claim with the United States Bankruptcy Court for the District of New Jersey. And like all claims with bankruptcy cases, you might not get paid.
January 5th, 2014 at 6:46:54 PM
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Quote: GWAEThat is almost certainly incorrect.
I recall reading along time ago that NJ requires all casinos to give the state the money for all chips in play. Or maybe once they close they have to give the state the money for chips that were not turned in. Either way, once a casino is closed the state can pay off any uncashed chips. Unless something has changed recently I could be wrong.
It has been reported that if you don't cash in your chips by the time they close you become an unsecure creditor and must file a claim as the chips will not be honored by any other casino. I think that pretty much makes the chips worthless.
January 5th, 2014 at 6:56:30 PM
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Quote: PokeraddictIt has been reported that if you don't cash in your chips by the time they close you become an unsecure creditor and must file a claim as the chips will not be honored by any other casino. I think that pretty much makes the chips worthless.
maybe my quote only applies when the casino closes on its own or they are sold to someone else. I guess the bankruptcy part of it could change things since they wouldn't have money to send to the state.
Expect the worst and you will never be disappointed.
I AM NOT PART OF GWAE RADIO SHOW
January 5th, 2014 at 7:24:28 PM
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There's plenty of money. Bankruptcy does NOT mean there's no money. It merely means there's not enough to pay every creditor.Quote: GWAEI guess the bankruptcy part of it could change things since they wouldn't have money to send to the state.
There are plenty of assets to be sold to raise cash to pay off creditors. There simply isn't enough to pay everyone, and they lack the prospects of raising the cash, so they are closing.
But chip holders shouldn't worry. Some creditors will only collect a percent of what they're owed, but customers are at the top of the food chain.
After they close, the cage will probably be available for a few hours. After that, alternate methods of cashing in the chips will be announced. Remember that Sahara chips were cashable at Circus Circus for a few months....
I invented a few casino games. Info:
http://www.DaveMillerGaming.com/ —————————————————————————————————————
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
January 5th, 2014 at 7:30:24 PM
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the closing of this casino makes me sad. I just received my free play offers in the mail yesterday for the 11th and 12th.
Expect the worst and you will never be disappointed.
I AM NOT PART OF GWAE RADIO SHOW
January 6th, 2014 at 8:24:33 PM
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Greetings!
I just called the Atlantic Club and spoke to Ralph when a slot supervisor was not available, and then I also spoke to a Table Games Supervisor, but I forget what his name was.
Anyway, the Table Games supervisor first told me that the Atlantic Club does not have a poker room (Thus, no bad beat jackpots that need disseminated) and also, none of their Table Games or Side Bets have had any kind of a Progressive for months, so no plays there.
I called back asking for the slots supervisor, and when there was no answer, Ralph got back on the phone. He suggests that I should call back later today or tomorrow and ask for a slots supervisor again, but he happens to know that the machines are being sold to Tropicana, (the property is going to Caesar's) so as a result, the monies from the Progressives might simply go to Tropicana with the machines OR in the case of machines the Tropicana won't be using right away, those monies COULD be being transferred to machines at the Tropicana.
Now, AC locals and regulars might have some idea what the floor at Tropicana looks like and know whether or not those machines will be in action right away, if not, then there could be some good Progressives at Tropicana in the early part of next week if the Progressives on machines from Atlantic Club transfer to already existent Progressives at Tropicana.
I'm going to call back a little later and try to speak to a slots supervisor, if not today, then hopefully I'll get ahold of one tomorrow and get more specific information.
I just called the Atlantic Club and spoke to Ralph when a slot supervisor was not available, and then I also spoke to a Table Games Supervisor, but I forget what his name was.
Anyway, the Table Games supervisor first told me that the Atlantic Club does not have a poker room (Thus, no bad beat jackpots that need disseminated) and also, none of their Table Games or Side Bets have had any kind of a Progressive for months, so no plays there.
I called back asking for the slots supervisor, and when there was no answer, Ralph got back on the phone. He suggests that I should call back later today or tomorrow and ask for a slots supervisor again, but he happens to know that the machines are being sold to Tropicana, (the property is going to Caesar's) so as a result, the monies from the Progressives might simply go to Tropicana with the machines OR in the case of machines the Tropicana won't be using right away, those monies COULD be being transferred to machines at the Tropicana.
Now, AC locals and regulars might have some idea what the floor at Tropicana looks like and know whether or not those machines will be in action right away, if not, then there could be some good Progressives at Tropicana in the early part of next week if the Progressives on machines from Atlantic Club transfer to already existent Progressives at Tropicana.
I'm going to call back a little later and try to speak to a slots supervisor, if not today, then hopefully I'll get ahold of one tomorrow and get more specific information.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
January 6th, 2014 at 9:07:19 PM
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So evidently their gamble did not work out !
http://www.nj.com/news/index.ssf/2012/03/atlantic_city_casino_gambling_1.html
http://www.nj.com/news/index.ssf/2012/03/atlantic_city_casino_gambling_1.html
Shed not for her
the bitter tear
Nor give the heart
to vain regret
Tis but the casket
that lies here,
The gem that filled it
Sparkles yet
January 6th, 2014 at 9:17:40 PM
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Clearly, they have to get rid of all the extra money that they keep around to pay off large jackpots so they'll probably stuff your pockets with cash while you're counting the cards.
Someday, joor goin' to see the name of Googie Gomez in lights and joor goin' to say to joorself, "Was that her?" and then joor goin' to answer to joorself, "That was her!" But you know somethin' mister? I was always her yuss nobody knows it! - Googie Gomez
January 6th, 2014 at 9:27:14 PM
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Quote: radioraheemAny thoughts on the advisability of playing there through next Sunday (AC club is closing on Monday, Jan 13 at 12:01 AM)?
I would make pass and come bets just before 12:01 AM. After the initial roll these bets have a negative EV, so if they closed the game and pushed outstanding bets back to the players it would be a strong EV making the such bets in the first place.
I tend to think they will play it safe and close all tables safely before 12:01, but you never know.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
January 7th, 2014 at 1:24:17 AM
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Greetings!
I called the Atlantic Club just now and asked for a slot supervisor again and was transferred to Michael.
Michael informed me that the Atlantic Club is still waiting to hear from the New Jersey DGE as to what is to happen to the monies that have fed the Progressives on any machines that have an active Progressive at this time. Therefore, he doesn't know whether or not that money will need to be disseminated prior to the Atlantic Club closing, or if that money will transfer to the Tropicana to be disseminated by them as they are buying the machines.
Either way, there could be some value here for people who live out that way, we just don't know whether it will be in the closing hours/days of the Atlantic Club being opened, or if it will be after those transfer to the Tropicana, if that is the case.
I'm going to try to stay on top of this and will update the thread as I find more out. Perhaps I'll call the Tropicana and see if they know anything.
I called the Atlantic Club just now and asked for a slot supervisor again and was transferred to Michael.
Michael informed me that the Atlantic Club is still waiting to hear from the New Jersey DGE as to what is to happen to the monies that have fed the Progressives on any machines that have an active Progressive at this time. Therefore, he doesn't know whether or not that money will need to be disseminated prior to the Atlantic Club closing, or if that money will transfer to the Tropicana to be disseminated by them as they are buying the machines.
Either way, there could be some value here for people who live out that way, we just don't know whether it will be in the closing hours/days of the Atlantic Club being opened, or if it will be after those transfer to the Tropicana, if that is the case.
I'm going to try to stay on top of this and will update the thread as I find more out. Perhaps I'll call the Tropicana and see if they know anything.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
January 7th, 2014 at 2:42:25 AM
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I thought they did have a small poker room up near the sports book, less then 2 months ago, unless Im thinking of a different casino. possibly they closed it down right after I noticed it.
I was interested, once I heard they were closing what would happen to the progressives. I had someone investigate, They were told they were not obligated to give away the money from the progressives. I don't know how well they did there investigation, or where they got that information from. I will re ask them.
I was interested, once I heard they were closing what would happen to the progressives. I had someone investigate, They were told they were not obligated to give away the money from the progressives. I don't know how well they did there investigation, or where they got that information from. I will re ask them.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
January 7th, 2014 at 2:54:57 AM
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I live close in anyone truly needs help with this
The bet will not be paid- not now not ever
January 7th, 2014 at 3:08:23 AM
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Quote: AxelWolfI thought they did have a small poker room up near the sports book, less then 2 months ago, unless Im thinking of a different casino. possibly they closed it down right after I noticed it.
I was interested, once I heard they were closing what would happen to the progressives. I had someone investigate, They were told they were not obligated to give away the money from the progressives. I don't know how well they did there investigation, or where they got that information from. I will re ask them.
Beginning at Page 225:
http://www.nj.gov/oag/ge/docs/Regulations/CHAPTER69E.pdf
Progressives:
Quote:13:69E-1.39(e)(3) Shall not be reduced unless the reduction is the result of a Progressive win or is otherwise authorized by division Rules
The Sands gave it away:
http://www.tripadvisor.com/ShowTopic-g29750-i78-k866177-Sands_Giving_Away_Free_Cash_Friday_Night_Nov_10-Atlantic_City_New_Jersey.html
It's tough to say whether or not that will happen here, given that Tropicana is actually purchasing the machines. However, the guy I talked to said they are waiting to hear from gaming, and then they'll know what they are doing. Perhaps someone believed that they did not have to disseminate those monies and that's what they told your guy, and maybe Gaming is going to come back and say they're not required to do so. Either way, I'm going to keep following up until we know what is going on with those.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
January 7th, 2014 at 4:38:01 AM
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My memory is getting worse, but I thought it was something like this. THANKS again to Mission for doing the legwork for us!
January 7th, 2014 at 5:41:12 AM
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Interesting story about the progressive money. Thanks, Mission, for your research on it.
It could be the money in these jackpots just doesn't exist in a set-aside fund. In other words, the Atlantic Club lost it. The Tropicana may not even want the machines for free if it means having to honor the progressives.
This was discussed here years ago, but when the Lady Luck closed the progressive money eventually was paid back in the form of a lucrative video poker promotion at a nearby bar that the parent company still owned. However, the bar kept the promotion pretty hush-hush and most of the money was won by staff and friends. If I lived anywhere near AC I would be trying to find out what is happening with that progressive money, in the chance they will give it away in a similar manner.
It could be the money in these jackpots just doesn't exist in a set-aside fund. In other words, the Atlantic Club lost it. The Tropicana may not even want the machines for free if it means having to honor the progressives.
This was discussed here years ago, but when the Lady Luck closed the progressive money eventually was paid back in the form of a lucrative video poker promotion at a nearby bar that the parent company still owned. However, the bar kept the promotion pretty hush-hush and most of the money was won by staff and friends. If I lived anywhere near AC I would be trying to find out what is happening with that progressive money, in the chance they will give it away in a similar manner.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
January 7th, 2014 at 8:24:03 AM
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I would be on the lookout for sweepstakes and promotions at all AC establishments. And of course its souvenir chip time. Blackjack players should pocket a few pink chips ($2.50 denom.) if availible. Try for a color-set of Roulette chips, odd-denom poker chips, etc.
Some people need to reimagine their thinking.
January 7th, 2014 at 9:04:06 AM
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You're welcome, to all who thanked me!
The money may not exist in a set aside fund, but the Atlantic Club almost certainly has the money if they are continuing to operate, at least on stand-alone and locally linked Progressives, because those could hit at any time as it stands. Theoretically, you would think they'd have to be prepared to pay anything that may hit now, although, it probably doesn't technically matter (to them) that much at this point.
Tropicana has already purchased all of the machines, so it's tough to say if that was part of the deal or not.
One would think that any increases to the Progressives would constitute a debt to the customers already accrued, but you never know.
RIH Acquisitions is the parent company, and it's actually that entire company going bankrupt:
http://www.kccllc.net/RIH
The above link is everything on the bankruptcy.
It appears that they intend to sell or have sold ALL of their assets:
http://www.kccllc.net/rih/document/1334483131121000000000009
So, I don't think this will go the route of Lady Luck because RIH Acquisitions doesn't seem to have anything else.
Resorts International Holdings LLC, however, is the parent company of RIH Acquisitions, according to Paragraph 11:
http://www.kccllc.net/rih/document/1334483131112000000000001
So, I give up. 62,000 companies own this one place. I'm not a lawyer, I'm just going to get back to calling people, I'm amazed that any of these companies even know who they are and what they own!
I'm just going to mention this here, because it is loosely related:
http://www.pressofatlanticcity.com/business/tropicana-caesars-to-buy-close-atlantic-club-casino-hotel/article_0d7197c8-69e6-11e3-a0ce-0019bb2963f4.html
Tropicana is paying 8.4 million for all customer data and gambling equipment.
Caesar's is spending 15 million to acquire the 801-rooms and all things associated therewith, even though it, "Does not intend to resume gaming or hotel operations at the facility."
The money may not exist in a set aside fund, but the Atlantic Club almost certainly has the money if they are continuing to operate, at least on stand-alone and locally linked Progressives, because those could hit at any time as it stands. Theoretically, you would think they'd have to be prepared to pay anything that may hit now, although, it probably doesn't technically matter (to them) that much at this point.
Tropicana has already purchased all of the machines, so it's tough to say if that was part of the deal or not.
One would think that any increases to the Progressives would constitute a debt to the customers already accrued, but you never know.
RIH Acquisitions is the parent company, and it's actually that entire company going bankrupt:
http://www.kccllc.net/RIH
The above link is everything on the bankruptcy.
It appears that they intend to sell or have sold ALL of their assets:
http://www.kccllc.net/rih/document/1334483131121000000000009
So, I don't think this will go the route of Lady Luck because RIH Acquisitions doesn't seem to have anything else.
Resorts International Holdings LLC, however, is the parent company of RIH Acquisitions, according to Paragraph 11:
http://www.kccllc.net/rih/document/1334483131112000000000001
So, I give up. 62,000 companies own this one place. I'm not a lawyer, I'm just going to get back to calling people, I'm amazed that any of these companies even know who they are and what they own!
I'm just going to mention this here, because it is loosely related:
http://www.pressofatlanticcity.com/business/tropicana-caesars-to-buy-close-atlantic-club-casino-hotel/article_0d7197c8-69e6-11e3-a0ce-0019bb2963f4.html
Tropicana is paying 8.4 million for all customer data and gambling equipment.
Caesar's is spending 15 million to acquire the 801-rooms and all things associated therewith, even though it, "Does not intend to resume gaming or hotel operations at the facility."
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
January 7th, 2014 at 9:10:34 AM
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That's the part I don't get.Quote: Mission146Caesar's is spending 15 million to acquire the 801-rooms and all things associated therewith, even though it, "Does not intend to resume gaming or hotel operations at the facility."
What does Caesars want it for?
I invented a few casino games. Info:
http://www.DaveMillerGaming.com/ —————————————————————————————————————
Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
January 7th, 2014 at 9:14:05 AM
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Quote: DJTeddyBearThat's the part I don't get.
What does Caesars want it for?
I don't get it either. They could do nothing for free, why spend 15 million.
January 7th, 2014 at 9:19:35 AM
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deleted
DUHHIIIIIIIII HEARD THAT!
January 7th, 2014 at 9:20:18 AM
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Quote: DJTeddyBearThat's the part I don't get.
What does Caesars want it for?
If I had to guess, I'd say, so nobody else has it. Even if they don't open it, it means nobody else can. Caesar's does own four of the AC casinos, so maybe they feel that, over a few years, they'll get enough of what would have been Atlantic Club's (or any other casino that could have opened there) revenue to compensate.
They also get the linens, beds, silverware and all things associated with that, too, so that also has some value. I tend to believe it is mainly to keep other potential casinos out of that building, though. They might even sell it later on, with a stipulation to the buyer that it cannot be a casino for x years, who knows?
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
January 7th, 2014 at 9:25:22 AM
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Quote: Mission146If I had to guess, I'd say, so nobody else has it. Even if they don't open it, it means nobody else can. Caesar's does own four of the AC casinos, so maybe they feel that, over a few years, they'll get enough of what would have been Atlantic Club's (or any other casino that could have opened there) revenue to compensate.
They also get the linens, beds, silverware and all things associated with that, too, so that also has some value. I tend to believe it is mainly to keep other potential casinos out of that building, though. They might even sell it later on, with a stipulation to the buyer that it cannot be a casino for x years, who knows?
Like a defensive play? A pretty expensive one. They must have some very serious concerns about having competition come in the neighborhood to shell out those kinds of funds. They will still have the expense to maintain it even though there may be no activity in the place.
January 7th, 2014 at 9:52:03 AM
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Quote: AlanI don't get it either. They could do nothing for free, why spend 15 million.
The furniture must have some value.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
January 7th, 2014 at 10:00:24 AM
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They'll be on the hook for property taxes and everything like that, certainly. Like I said, they can at least use the stuff associated with the hotel and all of the equipment associated therewith. It's really tough to put a price tag on something like that, used, but as far as the furnishings and everything like that, and also STRONGLY depending on what kind of TV's they have there, I'd say $500/room just for all of the furnishings and everything in the rooms if the TV's are decent.
That's about 400K right there, but then you have all of the other stuff associated with the property that can be used right away, such as towels and linens. Those probably aren't technically worth tens of thousands of dollars, used, but you would spend tens of thousands...if not over a hundred thousand...to buy enough of that stuff for 801 rooms new.
They also might have a buyer lined up for the property itself, or someone to lease it, but I obviously have no idea. They might stipulate that nobody can have a casino there.
If you figure that the Atlantic Club had 110,697,101 in total wins as of the end of September 2013:
http://www.nj.gov/oag/ge/docs/Financials/PressRel2013/September2013pressrelease.pdf
Then, for the year (assuming all is equal) they would have (110697101/9) * 12 = About 147.6 million in wins.
There will be eleven casinos remaining in Atlantic City after Atlantic Club closes, so if you divide that revenue proportionally:
147.6/11 = About 13.4 million dollars in win for each casino, again, assuming proportional distribution.
If you take that 13.4 and multiply it by the four casinos that Caesar's owns in Atlantic City, you have 53.2 million, per year, in win.
In my opinion, it seems as though it could be worthwhile to ensure that no other casino opens in that location.
That's about 400K right there, but then you have all of the other stuff associated with the property that can be used right away, such as towels and linens. Those probably aren't technically worth tens of thousands of dollars, used, but you would spend tens of thousands...if not over a hundred thousand...to buy enough of that stuff for 801 rooms new.
They also might have a buyer lined up for the property itself, or someone to lease it, but I obviously have no idea. They might stipulate that nobody can have a casino there.
If you figure that the Atlantic Club had 110,697,101 in total wins as of the end of September 2013:
http://www.nj.gov/oag/ge/docs/Financials/PressRel2013/September2013pressrelease.pdf
Then, for the year (assuming all is equal) they would have (110697101/9) * 12 = About 147.6 million in wins.
There will be eleven casinos remaining in Atlantic City after Atlantic Club closes, so if you divide that revenue proportionally:
147.6/11 = About 13.4 million dollars in win for each casino, again, assuming proportional distribution.
If you take that 13.4 and multiply it by the four casinos that Caesar's owns in Atlantic City, you have 53.2 million, per year, in win.
In my opinion, it seems as though it could be worthwhile to ensure that no other casino opens in that location.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
January 7th, 2014 at 10:06:24 AM
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I should also like to mention:
1.) I called Atlantic Club again and the gentleman, Fergie, I think he said his name was, believes that the Progressives will be transferred over to Tropicana with the machines.
However, he also said they are still waiting to hear from gaming, so I'm guessing the first part of what he said is pure speculation on his part.
2.) I called the Tropicana and spoke to Barbara, who sounded more confident and knowledgeable than Fergie and has been in the industry for 26 years, and she said that she believes that the machines would all be reset to zero once they arrive at Tropicana and the onus is upon Atlantic Club to get rid of the Progressive accrual amounts, unless the bankruptcy somehow absolves them of the need to do that.
So, we still don't know anything concrete, but I'm going to stay on it.
Worthy of mention is the fact that some Atlantic Club machines WILL be installed at Tropicana almost immediately, Barbara said not all of the machines will be put in action immediately, but they do have a great number of older machines they are looking to replace.
If any of these older machines are Progressives, then Tropicana would have to do something with those or transfer them to another machine, so for those of you local to Atlantic City, even though I intend to continue to follow up on this matter, I suggest keeping eyes and ears open for a potentially good play...because if there is a good play, or plays...they won't last long.
1.) I called Atlantic Club again and the gentleman, Fergie, I think he said his name was, believes that the Progressives will be transferred over to Tropicana with the machines.
However, he also said they are still waiting to hear from gaming, so I'm guessing the first part of what he said is pure speculation on his part.
2.) I called the Tropicana and spoke to Barbara, who sounded more confident and knowledgeable than Fergie and has been in the industry for 26 years, and she said that she believes that the machines would all be reset to zero once they arrive at Tropicana and the onus is upon Atlantic Club to get rid of the Progressive accrual amounts, unless the bankruptcy somehow absolves them of the need to do that.
So, we still don't know anything concrete, but I'm going to stay on it.
Worthy of mention is the fact that some Atlantic Club machines WILL be installed at Tropicana almost immediately, Barbara said not all of the machines will be put in action immediately, but they do have a great number of older machines they are looking to replace.
If any of these older machines are Progressives, then Tropicana would have to do something with those or transfer them to another machine, so for those of you local to Atlantic City, even though I intend to continue to follow up on this matter, I suggest keeping eyes and ears open for a potentially good play...because if there is a good play, or plays...they won't last long.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
January 7th, 2014 at 10:17:13 AM
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I would be very surprised if any of the progressive money makes it back onto the machines. I believe the liability belongs to the gaming license holder who accrued it and not to the owner of the machines. They filed bankruptcy and the debts will most likely disappear. Since Trop didn't buy the Atlantic Club (only the machines), I really doubt we will see it there.
At my age, a "Life In Prison" sentence is not much of a deterrent.
January 7th, 2014 at 10:48:02 AM
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I remember changes in the law a few years ago. If I am remembering correctly, before the casinos weren't allowed to remove a progressive without actually being hit which was changed quite generously but wouldn't be surprised if the metering could be left unawarded if the machines were removed.
I am a robot.
January 7th, 2014 at 10:52:22 AM
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Quote: onenickelmiracleI remember changes in the law a few years ago. If I am remembering correctly, before the casinos weren't allowed to remove a progressive without actually being hit which was changed quite generously but wouldn't be surprised if the metering could be left unawarded if the machines were removed.
In Nevada you may remove the progressive before it hits if you award the money back via another machine or promotion.
At my age, a "Life In Prison" sentence is not much of a deterrent.
January 7th, 2014 at 11:04:51 AM
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I'm heading to atlantic club if anyone needs anyrhinng pm me
The bet will not be paid- not now not ever
January 8th, 2014 at 12:39:41 AM
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Any news, StrictlyAP?
I just called, but I spoke to a guy who says he hasn't worked the last three days because the vacation time is, "Use it or lose it," so everyone is trying to get that in. He suggests that I should call back tomorrow, as he's not had a chance to even check his E-Mail yet, or perhaps even talk to DGE.
He says that he would, however, expect for the casino to hear from DGE as to how to proceed by tomorrow. Hopefully, we'll finally have our answer on these Progressives.
I just called, but I spoke to a guy who says he hasn't worked the last three days because the vacation time is, "Use it or lose it," so everyone is trying to get that in. He suggests that I should call back tomorrow, as he's not had a chance to even check his E-Mail yet, or perhaps even talk to DGE.
He says that he would, however, expect for the casino to hear from DGE as to how to proceed by tomorrow. Hopefully, we'll finally have our answer on these Progressives.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
January 8th, 2014 at 12:42:49 AM
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Pretty much no one there knew anything. I was most intrigued by a three lines vp progressive which was 197k for dealt fives aces and what would happen to that - most if the other progressives were linked city wide so they will just continue- some if the quick hits. Were a little higher as well
The bet will not be paid- not now not ever
January 8th, 2014 at 12:49:21 AM
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I was especially interested in the Quick Hits.
My reasoning is that those 6QH and 7QH can get to looking really good if they get transferred over to Tropicana, but again, nothing worth going out of the way for if one is not already in Atlantic City. I tend to question that somewhat, though, because I noticed in Vegas that Quick Hits seems to be just as popular out there as it is out here.
For that reason, I called the Tropicana not only to ask if they would be taking over those Progressives, but also, how long they would be in installing those machines they've acquired, and Barbara told me they are essentially swapping some of those out effectively immediately. I would imagine that many of those Quick Hits machines will be replacing the Tropicana's older machines due to what appears to be the game's great popularity, (again, that's just based on Empirical observation in a limited Vegas sample, but DEFINITELY popular in my area) so even if Trop were to take over those Progressives, they'd probably just wind up on the same machines as they were in Atlantic Club and not get transferred to one of the machines Trop already has on the floor.
Who knows? It seems we should find out tomorrow, according to what I was most recently told.
My reasoning is that those 6QH and 7QH can get to looking really good if they get transferred over to Tropicana, but again, nothing worth going out of the way for if one is not already in Atlantic City. I tend to question that somewhat, though, because I noticed in Vegas that Quick Hits seems to be just as popular out there as it is out here.
For that reason, I called the Tropicana not only to ask if they would be taking over those Progressives, but also, how long they would be in installing those machines they've acquired, and Barbara told me they are essentially swapping some of those out effectively immediately. I would imagine that many of those Quick Hits machines will be replacing the Tropicana's older machines due to what appears to be the game's great popularity, (again, that's just based on Empirical observation in a limited Vegas sample, but DEFINITELY popular in my area) so even if Trop were to take over those Progressives, they'd probably just wind up on the same machines as they were in Atlantic Club and not get transferred to one of the machines Trop already has on the floor.
Who knows? It seems we should find out tomorrow, according to what I was most recently told.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
January 8th, 2014 at 11:49:49 PM
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Greetings!
I have spoken to the Atlantic Club again and have gotten an answer that seems more definitive, at least, although they have still not been ordered to do anything one way or another from DGE.
I spoke to Joe who seemed very confident and knowledgeable, and he said that a majority of the Progressives in Atlantic Club are city-wide linked Progressives, and even some Progressives that are linked as far as Vegas, so Atlantic Club has no reason to artificially resolve those as they are ongoing.
Joe also states that he does not believe that Atlantic Club is under any obligation to resolve their stand-alone Progressives pursuant to the fact that they are in bankruptcy, and if they are so obligated, neither DGE or CCC (I think was the latter abbreviation) has notified them of same, as of yet.
Joe also states that Atlantic Club essentially only has four days left, so it is his strong belief that they would have advertised or otherwise promoted that they were going to be having some sort of cash giveaway to resolve these Progressives.
Or, to put it in a single word: POOF
I have spoken to the Atlantic Club again and have gotten an answer that seems more definitive, at least, although they have still not been ordered to do anything one way or another from DGE.
I spoke to Joe who seemed very confident and knowledgeable, and he said that a majority of the Progressives in Atlantic Club are city-wide linked Progressives, and even some Progressives that are linked as far as Vegas, so Atlantic Club has no reason to artificially resolve those as they are ongoing.
Joe also states that he does not believe that Atlantic Club is under any obligation to resolve their stand-alone Progressives pursuant to the fact that they are in bankruptcy, and if they are so obligated, neither DGE or CCC (I think was the latter abbreviation) has notified them of same, as of yet.
Joe also states that Atlantic Club essentially only has four days left, so it is his strong belief that they would have advertised or otherwise promoted that they were going to be having some sort of cash giveaway to resolve these Progressives.
Or, to put it in a single word: POOF
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
January 8th, 2014 at 11:56:30 PM
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CCC is correct, stands for Casino Control Commission. Not as badass as the DGE but close :)
“There is something about the outside of a horse that is good for the inside of a man.” - Winston Churchill
January 9th, 2014 at 12:02:41 AM
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CCC used to be a great watchdog for the consumer until Gov. Christy took them out of the casinos.
January 9th, 2014 at 12:08:33 AM
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I guess bankruptcy makes them unfineable. This keeping of the loot is exactly what I expected based on the regulate yourself regulation regarding many slot regulations. Hedge funds are dirty already so nothing new.
I am a robot.
January 9th, 2014 at 12:10:33 AM
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Don't they literally have three employees?Quote: sodawaterCCC used to be a great watchdog for the consumer until Gov. Christy took them out of the casinos.
I am a robot.
January 9th, 2014 at 3:31:26 AM
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Quote: Mission146Greetings!
I have spoken to the Atlantic Club again and have gotten an answer that seems more definitive, at least, although they have still not been ordered to do anything one way or another from DGE.
I spoke to Joe who seemed very confident and knowledgeable, and he said that a majority of the Progressives in Atlantic Club are city-wide linked Progressives, and even some Progressives that are linked as far as Vegas, so Atlantic Club has no reason to artificially resolve those as they are ongoing.
Joe also states that he does not believe that Atlantic Club is under any obligation to resolve their stand-alone Progressives pursuant to the fact that they are in bankruptcy, and if they are so obligated, neither DGE or CCC (I think was the latter abbreviation) has notified them of same, as of yet.
Joe also states that Atlantic Club essentially only has four days left, so it is his strong belief that they would have advertised or otherwise promoted that they were going to be having some sort of cash giveaway to resolve these Progressives.
Or, to put it in a single word: POOF
I'm leaving for AC within the hour. Anything I should look for? Should I buy a few white chips from the Atlantic Club? I have some chips from past AC casinos, Playboy Club, Sands, Claridge etc. I'm not a chip collector but I don't think they're worth much.
Many people, especially ignorant people, want to punish you for speaking the truth. - Mahatma Ghandi
January 9th, 2014 at 4:18:05 AM
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Quote: 1BBI'm leaving for AC within the hour. Anything I should look for? Should I buy a few white chips from the Atlantic Club? I have some chips from past AC casinos, Playboy Club, Sands, Claridge etc. I'm not a chip collector but I don't think they're worth much.
I am a chip collector. The Atlantic Club chips are very common so they will never be worth anything. Pick a few up if you want one but don't pick any up as an investment.
Expect the worst and you will never be disappointed.
I AM NOT PART OF GWAE RADIO SHOW
January 9th, 2014 at 4:27:00 AM
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Thanks. That's what I thought. No need for more clutter that I'll never look at.
Many people, especially ignorant people, want to punish you for speaking the truth. - Mahatma Ghandi
January 12th, 2014 at 4:49:35 AM
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My wife and I made our last visit to the Atlantic Club yesterday. Although we were never guests under that banner, we have fond memories of staying at the Golden Nugget, Bally's Grand and the Hilton. It looked like business as usual but some employees have become vocal about their impending job loss. Maryland Live! has been in town looking for workers and I'm told that the Atlantic Club provided them space for recruiting. A party is going to be given for all current and former employees in the next couple of weeks.
Most of the AC casinos are already wooing Atlantic Club gamblers with various offers. Four of us were given the seafood buffet for free Friday night at the Golden Nugget just for showing our Atlantic Club cards. We were also given a one tier upgrade.
Let the games begin.
Most of the AC casinos are already wooing Atlantic Club gamblers with various offers. Four of us were given the seafood buffet for free Friday night at the Golden Nugget just for showing our Atlantic Club cards. We were also given a one tier upgrade.
Let the games begin.
Many people, especially ignorant people, want to punish you for speaking the truth. - Mahatma Ghandi
January 12th, 2014 at 5:03:51 AM
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Thanks for the report. Again sorry to see people lose their jobs but overall this is a good thing for other casinos sharing AC Club business. I still see a few more going the same route in the next year. There just isn't any new buyers with money looking to move into AC.
January 12th, 2014 at 5:19:55 AM
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I hope the property doesn't become an eyesore. I have this image of rotting, graffiti laden plywood in my head. There's no reason to be down beach unless you're local - but still.
Many people, especially ignorant people, want to punish you for speaking the truth. - Mahatma Ghandi
