Quote of the Day
“There aren’t any new customers out there. Gaming is an aged community … Anyone who has ever wanted to try a casino has tried a casino.” — veteran casino consultant Mike Meczka, expressing sentiments that will depress the s**t out of the industry and which underscore the importance of diversifying into Internet play. I’ve been privileged to know Mike a long time and don’t take his views lightly.
The young and dumb are, as we all know, are the casinos targets with the pool and bar scene. Soon, even that source of income will dry up and the casinos will once again have to re-think and re-target the older, but wiser gambler. I have no love for the over-leveraged and greedy casinos who now find their greed machines in dire straits as a result of their own actions.