{"id":14571,"date":"2016-06-17T00:06:05","date_gmt":"2016-06-17T07:06:05","guid":{"rendered":"https:\/\/www.casino.org\/vitalvegas\/?p=14571"},"modified":"2020-12-03T02:06:42","modified_gmt":"2020-12-03T10:06:42","slug":"mermaids-casino-will-give-away-thousands-in-progressive-jackpots-before-it-closes","status":"publish","type":"post","link":"https:\/\/www.casino.org\/vitalvegas\/mermaids-casino-will-give-away-thousands-in-progressive-jackpots-before-it-closes\/","title":{"rendered":"Mermaids Casino Will Give Away Thousands in Progressive Jackpots Before It Closes"},"content":{"rendered":"

Casino closings can often be sad things. There’s always a bright spot, though. When they close, casinos are obligated to give away any outstanding progressive jackpots, and that’s what Mermaids will do before it closes June 27, 2016.<\/p>\n

\"Mermaids
Silver Palace opened on the Mermaids site in 1956. Later, it was Carousel, Gamblers Hall of Fame, Sundance West and Sassy Sally’s. Whew. We’re going to need a minute to catch our breath, thanks.<\/figcaption><\/figure>\n

Mermaids, of course, is one of three downtown establishments closing on June 27.
\nMermaids, La Bayou and the Glitter Gulch strip club were sold to Derek and Greg Stevens<\/a>
\nfor an amount we estimate to be “a metric hell-ton more than we have in our bank
\naccount, or ever will, unless we are adopted by Derek and Greg Stevens.”<\/p>\n

Mermaids and Glitter Gulch will be integrated into a new resort (being informally referred to as 18 Fremont) that will include the\u00a0site of the closed Las Vegas Club.<\/p>\n

Don’t freak out, the iconic Vegas Vickie sign\u00a0above Glitter Gulch will be featured in the new hotel-casino.<\/p>\n

\"Vegas
Sorry, she’s taken. She married Vegas Vic in 1994. No, really.<\/figcaption><\/figure>\n

Nevada gaming regulations require a casino to distribute any outstanding progressive
\njackpots prior to removing slot machines from its\u00a0floor. Jackpots can be\u00a0transferred to other machines, but if a casino is closing, they have to give the money\u00a0away.<\/p>\n

Remember the Lion’s Share slot machine at MGM Grand? That’s a well-known example of a
\njackpot on an obsolete machine that had to either be transferred to another machine or paid out. Part of the lore\u00a0around that machine had to do with the misconception that particular machine\u00a0had to pay before it could be removed or retired. That wasn’t the case, but it\u00a0made for\u00a0a great marketing device.\u00a0Good times<\/a>.<\/p>\n

It should be mentioned the rules about giving away progressive jackpots only apply to
\nslot machines the casino owns, by the way. “Networked” progressive machines owned by
\ngame manufacturers, such as Wheel of Fortune or Megabucks, and are excluded from the
\nprize pool.<\/p>\n

So, Mermaids has to give away its jackpots. That means tens of thousands of dollars are
\nup for grabs. La Bayou is giving away its jackpots, too, although the amounts are much smaller.<\/p>\n

\"Mermaids\"
This blog’s usual “Helping You Win $10,000” fee applies, of course.<\/figcaption><\/figure>\n

Here’s how the giveaway will work. Mermaids will have a “contest” from June 17 (9:00
\na.m.) to June 25 (10:00 p.m.), 2016. During that time, players will qualify for entries
\nin the form of tickets.<\/p>\n

On June 25, at 10:00 p.m., winners will be chosen and the money will be given to a few
\nlucky players.<\/p>\n

Because progressive jackpots will continue to increase through the giveaway date,
\nthere’s no way to know how much will be given away, but we can say there’s a Triple
\nDouble Diamond machine with a jackpot of $11,118.01 and a Red, White & Blue machine
\nwith a jackpot of $8,385.69<\/p>\n

\"Mermaids
There’s nothing saying you couldn’t just straight-up win this progressive jackpot before Mermaids closes. Get on that.<\/figcaption><\/figure>\n

To get an entry ticket, you can do any of the following: Hit a bonus playing a 90 coin
\nbet minimum, hit a jackpot of $100 or more, get a keno payout of $100 or more, hit any
\nvideo poker four of a kind paying $100 or more or hit any royal flush on video poker.<\/p>\n

How will the prize pool be divided up? It’s complicated.<\/p>\n

The first place winner will get 46% of the prize pool. Second place gets 28%, third
\nplace gets 23% and fourth place gets 3%. Don’t kvetch, fourth place winner. It’s free
\nmoney.<\/p>\n

Mermaids will also give away a 55-inch big screen TV. (Technically, that prize comes
\nfrom a Mermaids beer vendor, but let’s not quibble.)<\/p>\n

As for the drawing, entrants must be present to win. If no one claims a given prize,
\nthey’ll keep drawing until somebody claims their cash.<\/p>\n

\"Mermaids\"
You weren’t the biggest casino in Vegas, Mermaids, but you certainly had some of the most convenient\u00a0restrooms.<\/figcaption><\/figure>\n

So, if you’re looking for an excuse to visit Mermaids before it closes, this could be
\nit.<\/p>\n

We’ve heard lots of visitors are planning to swing by Mermaids one last time for a
\ndeep-friend Oreo or Twinkie, the casino’s claim to fame. Go for it, thrillseekers!<\/p>\n

Here’s what’s up at La Bayou, another slot joint across the street.<\/p>\n

\"La
Come for the jackpot giveaway, stay for the weird stuff on the ceiling.<\/figcaption><\/figure>\n

If you swing by Mermaids during its final countdown, you’re likely to be in good company. Many folks\u00a0who rarely (or never) visit a given casino will do so when it’s closing.<\/p>\n

The Riviera,\u00a0for example, had a massive surge in guests and gambling in the final two months it was open.\u00a0It’s been said the Riv’s last two months generated more casino play and profit than any two-month period in the 20 years prior to that!<\/p>\n

Stop by Mermaids for its last hurrah\u2014get some free beads, bid farewell to the deep-
\nfriend eats and take a shot at winning the casino’s remaining progressive jackpots.<\/p>\n

Let us know how it goes!<\/p>\n","protected":false},"excerpt":{"rendered":"

Casino closings can often be sad things. There’s always a bright spot, though. When they close, casinos are obligated to give away any outstanding progressive jackpots, and that’s what Mermaids will do before it closes June 27, 2016. Mermaids, of course, is one of three downtown establishments closing on June 27. Mermaids, La Bayou and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[11,13,23,24,19],"tags":[],"class_list":["post-14571","post","type-post","status-publish","format-standard","hentry","category-downtownlasvegas","category-gambling","category-vegas","category-las-vegas-casinos","category-slots"],"acf":[],"yoast_head":"\nMermaids Casino to Give Away Thousands Before Closing<\/title>\n<meta name=\"description\" content=\"When they close, casinos are obligated to give away any outstanding progressive jackpots, and that's what Mermaids will do before it closes June 27, 2016.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mermaids Casino to Give Away Thousands Before 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