The Bear Growls
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About The Bear

LV Bear is a longtime advantage player based in Las Vegas with extensive knowledge of the gaming industry.

The comments were originally made in the free BJ21.com newsletter and/or the Green Chip member pages. Some of the comments were also published in the bjinsider.com newsletter.

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Terrible’s

Good News: Herbst Gaming loses its casinos

Wednesday, March 11th, 2009

From this news article: Herbst Gaming, which has spent the past year seeking a financial restructuring plan for its $847 million in debt, announced an agreement Tuesday with its bondholders in which the company will lose ownership of its 15 casinos in Nevada, Iowa and Missouri, but retain control of its Nevada slot routes. As [...]

The Bear Growls: Lucky’s sportsbook teetering on the edge?

Saturday, February 7th, 2009

I have growled and revised my growl about Lucky’s in the past. But it looks like my original assessment of this feeble organization is proving to be correct: Apparently undercapitalized and definitely paranoid, Lucky’s is an embarrassment. Within the past week, at least three patrons have had to wait unreasonable amounts of time to get [...]

Bear Praise: Lucky’s sportsbook revisited

Wednesday, October 15th, 2008

Previously, I wrote:  …  Hopefully the new ownership will get rid of the twin failures, casino manager Navegante Group and sportsbook failure Lucky’s Race and Sports Book.  Lucky’s  is not even in the same league with the former independent book that was at Grand Sierra.  Apparently undercapitalized and definitely paranoid, Lucky’s is an embarrassment.  I [...]

The Bear Growls: Herbst Gaming in financial trouble — well-deserved

Friday, February 29th, 2008

According to this article, Las Vegas-based Herbst Gaming, which significantly grew its statewide casino business through two high-profile acquisitions in 2007, said the alternatives could include a recapitalization, refinancing, restructuring or reorganization of the company’s debt, or a sale of some or all of its businesses. Well, well, well. The greedy parasites who operate terrible [...]

The Bear Growls: Stratosphere welches on payment to winning patron

Tuesday, January 29th, 2008

The Wizard of Odds was recently victimized by an unethical sportsbook manager at the Stratosphere in Las Vegas. Here is a link to the Wizard’s comments: http://wizardofodds.com/casinos/vegasblacklist.html Shame on the Stratosphere for using this excuse to stiff a patron. Shame on the Nevada Gaming Control Board for letting casinos get away with arbitrary “expiration dates” [...]

Terrible’s Casino lies about a promotion — again

Tuesday, March 6th, 2007

The Bear Growls: Terrible’s Casino lies about a promotion — again December 22, 2003 Terrible’s Casino in Las Vegas recently advertised a promotion for a Saturday evening from 6 PM to midnight, during which time suited blackjacks would pay 3-1. Terrible’s personnel were telling the public the day before the promotion that it would not [...]