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2004 - The year of the High Roller

The financial results of Australian media and gambling company PBL Limited have revealed a substantial dent in casino earnings for year to December 2004.  And the main reason for the reduced revenue was winning streak enjoyed by high rollers just before Christmas.

A story reported in The Age, ‘PBL Hit as High Rollers Beat the Odds February 25 2005’ revealed that a hot streak by high roller Baccarat players at PBL’s Crown Casino toward the end of the year, dragged Crown’s annual Baccarat house take rate down to 0.86%, compared to the usual 1.35% (and a whopping 1.74% in 2003).   The lucky high rollers pillaged Crown to the tune of $43 million to have a very happy Christmas indeed.

Crown Casino in Melbourne is one of the world’s best known high roller casinos and traditionally makes a substantial portion of their revenue from big players playing in their Mahogany room and private gambling suits.

Its nice to see the casinos getting a taste of their own medicine for a change…if only for a brief time.  

For the online high rollers out there, you might want to check out the following high limit online casinos:

7 Sultans Casino

Royal Vegas

Fortune Room

Platinum Play Casino

Desert Dollar Casino

 

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