David Mckee's Stiffs & Georges: Facts are stubborn things

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Facts are stubborn things

Posted At : July 20, 2009 03:14 PM | Posted By : D McKee
Related Categories: Regulation,Colorado,Current,Kansas,Marketing

A big thumbs-up to a casino company in Central City, Colo., for making its case to players not with vague claims but quantifiable facts. Famous Bonanza & Easy Street Casinos shared with its patrons Colorado Division of Gaming Statistics data that showed its dollar- and penny-slot holds were 3% and 7.3%, respectively.

The averages for Black Hawk, Colo., casinos in those denoms are 5.27% and 9.8%. Famous Bonanza is comfortably below the Central City averages of 3.8% and 9.5%, too. Anybody in Vegas or Atlantic City want to try this marketing gambit? It sounds like a winner to us. (Thank you to Raving Consulting for spreading the news about this splendid idea.)

Without referencing it directly CityLife Editor Steve Sebelius makes it clear why Mike Ensign's $96,000 hush-money payment to Doug Hampton and his two-timing wife could write finis to any further aspirations the elder Ensign has in the casino industry. Just try explaining this mess to the Kansas Lottery's casino commission and making it sound like a mere bagatelle.

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From the article: "So no matter what happens with the CREW-initiated investigation, one thing is clear, at least in our view: Ensign’s parents paid his mistress to shut the hell up and go away. And that’s hush money, no matter what name you use for it."
&: "Then again, the payments were apparently structured in such a way as to be gifts under tax law — $12,000 each for Doug Hampton, his wife, and two of their three children from both Ensign parents. And although the money may have been delivered in a single check, the intent from the Ensign family clearly was to avoid having the income taxed."
&: "(Gotta love Republicans.)"
Apparently 'Just say no!' doesn't apply to bribery, but does to paying taxes on same.

# Posted By Kerr Mudgeon | 7/21/09 12:34 AM

I watch your blog every day for new on the Riveria.
We will be making our yearly vacation plans for October and
I am scared that it won't be there. Any insight that will
help me decide if I should be looking for another hotel?
I appreciate any knowledge you could share with me.
Thanks
Michelle

# Posted By MICHELLE | 7/21/09 11:41 AM

As fate would have it, Michelle, I was at the Riviera last night. It was scary dead. Business could be described in one word -- "sparse" -- and the showroom was only half-full. Just to be safe, I'd make my reservations somewhere else.

# Posted By David McKee | 7/21/09 12:50 PM

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