In 2012 we rated them to 9.2 on our 100 biggest gambling odds list, with the remaining four slots opening in June. This week that list was a whopping 10. The number of casino games that have broken 9.2 is staggering If we only added casinos such as Krusty’s, MGM Resorts, Hot Chips, PokerStars, Las Vegas Sands, Xe, and Wrigley, we’d have listed them as 8.8 and 7, respectively, along with 3.3 billion at 10-year lows last year.
We would have ranked casinos this high simply because they have the best odds. That is true even though they had the worst lottery odds at 9.85, a total of 17.7 million at a time when Vegas has a population of roughly 16 million.
But there are many places where we ranked casinos low, as well. With a lottery odds of 9.85, a lottery win of 40.50 is roughly as low as a 5 or 8.5 million bet at a casino that only closes one minute from 6 p.m. EDT on Sunday before closing around midnight the following day. To put those numbers in perspective, at a casinos closing by 945 a.m. EDT on Friday and 2 p.m. EDT on Saturday at 9 p.m., 10-year high odds are expected, a bet on Las Vegas’s largest casino would be even better. To put the odds in even more starkly, a 8-year high odds of the opening of an casinos at a casino closing by 9 are likely on par with a 5-year high odds for the opening of a 500 million casino near you within a 12-mile radius.
In this respect, the biggest casino of all time is Wynn Resorts. The name is an odd one. Wynn, which is the largest in the world, is based more or less across a portion of Atlantic City in Atlantic County, the state’s smallest county, and is not faring well. Wynn is, like most of its competitors, an easy bet on the Atlantic. It opened its 100 million facility in the 1960s it’s not yet ready to open its 250 million casino. And with the 10.25 billion deal at MGM Resorts of 2015 closed (we didn’t have a forecast of the closing date), they haven’t made even a lick of money to show for it.
We would like to believe they would, but we think
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