"Casinos for Sale ! Casinos for Sale ! Come get yourself a casino !"

Originally posted by: Kevin Lewis

Right. But you do realize that a hotel-casino is NOT just a hotel? The business model in Vegas, which was wildly successful for fifty years, was to sell the rooms at cost, or even as a loss leader, and rely on revenue from other departments--gaming, restaurants, shows, etc.--to generate profits. Make people feel like they're getting a bargain, and they'll gamble more. Hit 'em for 800 bucks for a weekend stay before they even start gambling, and they'll gamble less, and many won't come at all.


Kevin, 60 years ago land on the strip was cheap.  Labor was cheap.  They were building simple hotels, and not the gold plated joints that have become popular today.  Like you, I don't need the gold plated joints and that's why downtown is my favorite place.  The Venetian was not built for you, me, or PJ, but instead it was built for a different crowd and it needed a different business model.  $39 rooms, $6 steaks, $5 minimum tables and great gambling odds for the player will not generate the revenue to make a place like Venetian/Palazzo profitable.

I disagree, because right now, there is more demand for a bargain "dust joint" than there was in the recent past. The suits who run Vegas casinos don't realize how badly crippled the economy is and how long it will take for it to recover. They think there's an endless supply of lemmings who are willing to blow $5000 in a weekend. That's dried up.

 

So sure, those places were built for a different crowd, but what should they do if that crowd is gone? Sit there and wait and hope, or adapt? There are a LOT of people (including several here) who want to come back to Vegas but know that prices will be high, the experience will be diminished (no buffets? no shows?), and the danger from the virus will still be present. So if you want to lure them in, you need the incentive of bargains.

 

 

Originally posted by: Kevin Lewis

"Doing the math" would require a fairly extensive knowledge of both the operating expenses and profit margin of the casino and a basic understanding of business accounting, which neither you nor rdwoodpecker possess in the slightest.


Sorry Kevin, have successfully managed my construction company for the past 40 years. I do think I have a grip on expenses. 

What is your experience of operating a small business, oh wait tutoring a few hours a week?

 

you condemn others while knowing very little about them. I can promise you I make a hell of a lot more money than a grade school teacher. Thank you

Originally posted by: rdwoodpecker

Sorry Kevin, have successfully managed my construction company for the past 40 years. I do think I have a grip on expenses. 

What is your experience of operating a small business, oh wait tutoring a few hours a week?

 

you condemn others while knowing very little about them. I can promise you I make a hell of a lot more money than a grade school teacher. Thank you


In the 1990s, I operated my own business for eight years and wound up with a total profit of about $250,000. I also worked for my father's equally successful business for a decade prior to that. I took several university-level accounting courses and got a CPA license.

 

But I don't really give a rat's rectum how much money you or anyone else does or doesn't make compared to me at this point. I'll tell you, you're not the first slime bucket who has sneered at my current profession because I don't make gobs of money at it or it's not a manly man pursuit like CONSTRUCTION (ooh, those muskles, as Olive Oyl would say). Teachers get a pretty poor rap in our society, which I think is a good reason why so many children grew up to be uneducated Trump supporters.

 

In the final analysis, what I and others like me "construct" will be much more enduring and important that anything your company builds.


You are one pathetic individual!

Originally posted by: rdwoodpecker

You are one pathetic individual!


Well, I writhe helplessly in the crushing grip of your unassailable logic.

Originally posted by: Kevin Lewis

In the 1990s, I operated my own business for eight years and wound up with a total profit of about $250,000. I also worked for my father's equally successful business for a decade prior to that. I took several university-level accounting courses and got a CPA license.

 

But I don't really give a rat's rectum how much money you or anyone else does or doesn't make compared to me at this point. I'll tell you, you're not the first slime bucket who has sneered at my current profession because I don't make gobs of money at it or it's not a manly man pursuit like CONSTRUCTION (ooh, those muskles, as Olive Oyl would say). Teachers get a pretty poor rap in our society, which I think is a good reason why so many children grew up to be uneducated Trump supporters.

 

In the final analysis, what I and others like me "construct" will be much more enduring and important that anything your company builds.


Why yes, glad you mentioned how much more enduring and important that your chosen work field is. Well damn, when compared with the test scores of other countries our youth are way down the scale. So, I guess you and your associates have failed our children to date!

So make up some more bullshit and talk down to anyone who opposes your view! You are simply pathetic

Originally posted by: rdwoodpecker

Why yes, glad you mentioned how much more enduring and important that your chosen work field is. Well damn, when compared with the test scores of other countries our youth are way down the scale. So, I guess you and your associates have failed our children to date!

So make up some more bullshit and talk down to anyone who opposes your view! You are simply pathetic


We do the best job we can with the limited resources available. It's not our fault that 'MURRICA doesn't value learning as much as it should.

 

Call me pathetic one more time, willya, so it'll be a set of three.

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