Posts Tagged ‘Tropicana Casino’

Don Johnson to Compete in Blackjack Tournament

Thursday, August 11th, 2011

In an odd sort of way, Don Johnson has become a sort of celebrity in blackjack circles and outside of that. I’m not talking about the former Miami Vice actor. I mean the guy who won $15 million in one month of playing blackjack in Atlantic City. Now he is back and ready to win some more.

When a player wins as much money as Johnson has lately, they often find themselves banned from the casino. In fact, Johnson recently joked that he is probably no longer welcome in Atlantic City and will have to start playing elsewhere. However, it has been reported that he will take part in a blackjack tournament on September 2nd and 3rd at the Tropicana Casino.

The Tropicana is hoping to cash in on Johnson’s sudden celebrity. The tournament he will enter is a winner-take-all tournament with $100,000 up for grabs. The Tropicana is publicizing his presence, saying that everyone wants to meet Johnson. Tony Rodio, the president and CEO of the Tropicana Casino, said that “a lot of people will want to talk to him about his winning secrets.”

At Johnson’s request, the casino will donate $10,000 to the JBJ Soul Doundation, a charity for poor families started by Jon Bon Jovi. Johnson, who has become known as much for his partying and his spending (like buying a $25,000 bottle of champagne), is okay with his new celebrity status. Though he would rather stay under the radar, he says that “as long as I can do something good with it, I’m comfortable with” the fame.

This is a case where everyone will win. The charity will make money. Don Johnson has a chance to win more money from the casino. Other blackjack players will get to meet Johnson and pick his brain. The casino will profit off of all the players who want to meet Johnson and try to emulate his success.

Gamblers Take Tropicana Casino for $5.3 Million

Tuesday, June 7th, 2011

Last month, I wrote about how casinos aren’t worried about card counters. Despite a blackjack player taking the Tropicana Casino for $5.8 million over a month’s time, single-handedly ruining their month and putting them at their first blackjack loss, events like that are few and far between. In the grand scheme of things, events like that actually help casinos due to the publicity.

Having said that, you really don’t want to have it happen twice within a short amount of time. Unfortunately for the Tropicana Casino, it did. Just a few weeks after the man, now identified as Don Johnson, won $5.8 million from them at the blackjack tables, someone else took them for $5.3 million. That’s $11 million lost from only two players only weeks apart.

This time it was a craps player, who, like the previous blackjack player, took advantage of the high-stakes games. The casino refuses to back down from the high-stakes strategy, though, insisting that in the long run it will help them. In the meantime, even if they’re paying out big winnings, at least they have increased excitement for the casino.

Last year, Carl Icahn bought the Tropicana Casino after it went bankrupt. In an effort to make back lost money and bring in business quickly, they opted for an aggressive strategy of offering high-stakes games. It was working for a while, until these two players came along. The casino maintains that they can handle these setbacks, though, and no adjustments to staff or comps will be made. According to CEO Tony Rodio, who recently took over the job, Icahn plans to invite Johnson back to the casino. That shows that they aren’t afraid, don’t hold a grudge and, most importantly, think they can win that money back.