In the 9 June QoD, you mention in passing the "no love lost" between a number of the casino conglomerates and the Advisor. Could you delve into that a little more, especially those that used to have coupons in the MRB but no longer do? What was their reasoning in saying "no"?
The most common reason the casinos that have participated in our coupon program suddenly no longer want to is -- drum roll, please -- a new decision-maker. Often, they don't know who we are, so they don't know about the value of having our clientele as their customers.
When we get most frustrated with the casinos is when new people come in and won't even talk to us. Their answer to our first query is a definitive, "No!"
This has been happening more and more lately, because -- drum roll, please -- of the infamous quote: "We're not giving away anything to anyone anymore."
This is a mindset that's completely anathema to us. It is, in fact, a contumely. As you know, we are and have always been all about getting value for our customers. And when we ask the casinos, we're told, "Why would we even talk to you when our ethos is to get as much as we can from as many people as we can as fast as we can?"
And they can. And do. They no longer even have to pretend.
It goes without saying, we can't stand that. They're basically telling us that they're out to destroy their customers. Hence we're not interested in doing them any favors.
That doesn't mean we don't give credit where due.
Case in point, South Point doesn't work with us because they just don't like us. The reason is dissatisfaction over an article we published a long long time ago that ranked them behind a hated competitor (Palms). Yet we write about them frequently, tout their good deals, even keep them in the Top Ten. Fact is, when they're worthy, they're worthy, and we don't let "lost love" stand in the way of publicizing it. Even if they won't work with us, when they're good, we say so.
When they're bad ... well, these days, we don't even have to say so. For example, a version of the infamous quote above came -- forget the drum roll -- from Station Casinos in a candid moment during an investor call about the operating philosophy of the new Durango (the exact quote was conveyed to us in a private conversation). We don't have to name other names. Anyone who's been around LVA for a few years knows which joints used to like to do business with us and no longer do.
Savvy Las Vegas visitors go where they're wanted and leave the suckers -- the myriads, the multitudes, the myrmidons of them -- to fatten the bottom lines of the rest.
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