https://thebulwark.com/what-makes-sars-cov-2-the-perfect-pathogen
This explains why this virus is "worse" than others. In effect "the perfect pathogen."
Check it out. I learned something about viruses and lethality in general, and Covid-19 in particular.
Originally posted by: PJ Stroh
China had SARS a few years ago which was worse than the stuff we have now. Eventually casinos got back to the the "regular" normal - which is to say no social distancing, no lysol hand lotion, and no Halloween masks. We will eventually get to that too. Maybe not in July.
As for $25/$50 table minimums. I highly doubt it.. "Being profitable" is not going to be the goal of casinos when they first open. Losing as little money as possible while fighting for market share of customers will be the goal. Especially in Vegas. Maybe they lose money on a $5 table with only 3 players - but they dont lose customers. The latter is more important for the long game.
PJ, I disagee. Bean counters only think about today's profitability.
Compare: 2003 SARS Pandemic & 2020 COVID-19 Pandemic
Originally posted by: Boilerman
PJ, I disagee. Bean counters only think about today's profitability.
I dont think its profitable for Circus Circus have a $25 Blackjack table in any circumstance. Who is going to play it? $25 players aren't going to slum it at Arizona Charlies because of the virus.
Casinos, airlines, hotels and casinos dont set their prices according to what makes them most profitable. Prices are set to the maximum of what customers are willing to pay. If you book a room at the Wynn right now for August its half its normal price. Thats not because the Wynn wants it to be.
Everyday, I question whether or not to get out of the market. When it recoups some of its losses I say I'm getting out but never do, thinking it may go higher. I have a bad feeling about this one. I really believe it's going to be far worse than 2008. My financial advisor shot me down on buying more of a pipeline company that is down 67%. She said you don't want to buy energy stocks now. Any thoughts anyone?
Cjen looking at it today with oil prices so low your finalcial advisior did you a favor. However. if you had been thinking of buying 100 shares of your pipeline company, buy ten. There are lots of no fee ways to buy stocks. I've been looking at casino stocks but though they are all down I would expect them to drop further. I have been buying some on down days. I think of it as my gambling money. Buying stocks is a gamble.
