Casinos love high-rollers
Source: http://www.philly.com
Casinos love high-rollers. But there are only so many million-dollar players out there.
So gaming houses are increasingly focusing on players willing to wager between $50,000 and $250,000.
A must-have at this Saturday’s $100,000 blackjack tournament at Resorts Atlantic City casino for high-rollers is $25,000 in available funds. Without this “internal qualification,” you cannot even get a seat at the tables, said Anthony Patrone, vice president of marketing for Resorts.
The prize: $100,000 winner takes all. The tournament is limited to 100 players.
“Gamblers like gambling in the casino, but given the opportunity to gamble against each other, they love that,” Patrone said. “It appeals to their competitive side.”
Patrone said Resorts now was “less willing” to chase business from seven-figure players because they can be volatile and fickle. “Luckily, there’s more of the six-figure players,” he said.
To accommodate their growing ranks, Patrone said, Resorts’ new hotel tower added 42 suites strictly for high-rollers. Before the new tower opened last summer, Resorts only had 16 suites for this coveted group and did not have the capacity to host such tournaments.