Why Vegas Doesn't Care If You Visit Anymore
15 Replies
One thing is dead for sure - the poor guy that caught Legionnaires at the South Point last week.
I suggest the casinos increase natural blackjack odds from 6:5 to 11:10 and go with 4 zeroes on roulette instead of 3.
11:10 is better than 6:5, right? 10 is bigger than 5, so yes of course it is.
And 4 zeroes on a roulette wheel looks so much better, more green instead of all that red and black.
The Strip cares about revenue, not about visitors. If revenue eventually starts going down, maybe they'll start caring about visitors.
On a forum that breaks everything down to expected value... What is wrong here?
Why not get ahead of the curve and go to 5-zeroes on the Roulette wheel.
One thing that video missed is that the areas the casinos want rich people to go to require there to be occupied places with poor people. Rich people want a reminder that they are better than others. There's nothing special about the high limit area if the low limit area is empty.
When Lake Powell can't afford to send water downstream to Meade Vegas won't have any residents let alone visitors.
Beating estimates is a coin flip. Stock going from $50 3 years ago to $20 today (when the market is up 60% in that same time frame) is a pretty strong indicator that their business model is broken.
Several quarters ago, maybe. This last one, they beat estimates. In the game of "What have you done for me lately" they're winning.
Yawn. Guy interviews like four people (Scott Roeben, Elvis impersonator, Uber driver, and a cook). Seems like just an effort to shoe-horn in a political message about the K-shaped economy. Best part was seeing clips from Louis Thereoux's Vegas documentary used as B roll.
That was my point describing beating estimates as a coin flip. By definition estimates should be close to 50-50, that is if your company is awful you will have a very low bar, but still likely close to 50-50 to beat.
Also there is more to earnings calls than beating earnings estimates. Probably more important is forward guidance.
