Baccarat, one of the high stakes games preferred by celebrities such as James Bond, generated almost 20 percent of total revenue in casinos of Las Vegas Strip in the last November, as announced recently by the Gaming Control Board.

The total money raised among all the casinos amounted to $ 92.7 million during that month. The total increase in earnings from this game saw a 136 percent increase over the same month of 2008.

During the month of November, baccarat players bet a whopping $ 690.8 million in the complex in Las Vegas. This means nearly 14 percent of all money that entered these casinos. This is a 84 percent rise over 2008.

Baccarat can be a very expensive entertainment for most of the casinos, because they must invest much money to attract players with large amounts of money. Such costs typically include flights, accommodation and free meals for the family of the gambler. Since profit margins for the house are usually quite low, well, there are risks to the casino to finish with huge losses of money in no time if a player has too much luck (especially if it comes to betting $ 100,000 hand).