{"id":10066,"date":"2012-11-12T12:39:58","date_gmt":"2012-11-12T20:39:58","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=10066"},"modified":"2012-11-12T12:40:12","modified_gmt":"2012-11-12T20:40:12","slug":"d-trop-try-something-different","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/d-trop-try-something-different\/","title":{"rendered":"D, Trop try something different; Cannibalization comes to Ohio"},"content":{"rendered":"

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Nothing says ‘November in Las Vegas<\/strong>‘ quite like a beach club. Yes, after unending delays, Nov. 16 is the date certain for the opening of Bagatelle Beach & Supper Club<\/strong>. If Bagatelle does, as promised, deliver “afternoons that transport guests to the South of France<\/strong>” it will decidedly be the Cote d’Azur<\/strong> of the off-season. Weather here of late has been chilly and windy, which may put something of a damper on the Las Vegas Tropicana<\/strong>‘s latest attempt to cash in, belatedly, on the “daylife” scene.<\/p>\n

The weeks leading up to Christmas<\/strong> are traditionally some of the bleakest for business in Vegas. D<\/strong> owner Derek Stevens<\/strong> \"\"<\/strong> is pushing back — and trying to reintroduce youthful crowds to Downtown — with a bargain play that many will find hard to resist. College students can book room nights at The D for $39\/evening and will receive a $39 booze credit in return. Given the collegiate crowd’s ability to consume mass quantities of alcohol, I’m sure they’ll spend well past their $39 credit and Stevens will recoup the price of those comped rooms. There’s just one catch …<\/p>\n

The legal drinking age in Nevada is 21. Ditto gambling. I only turned 21 just in time for my senior year. So Stevens is marketing to a subset of college students, ones whose gambling budgets are likely to be small. So this could be a low-yield gambit. But give Stevens credit for taking a creative approach to a fallow period of the year. If The D is packed with frat boys and sorority sisters on Christmas Eve, he’ll have a raft of imitators in no time.<\/p>\n

\"\"That didn’t take long<\/strong>. VLT win at Scioto Downs<\/strong> racino took a 23% dive<\/a> when Hollywood Casino Columbus<\/strong> (right<\/em>) opened last month. Despite not opening until Oct. 8, Penn National Gaming<\/strong>‘s Hollywood Columbus recorded the highest revenue-per-day average in Ohio<\/strong>: $762,000, for an $18 million gross. While Horseshoe Cleveland<\/strong> was averaging “only” $672,000\/day, it was leading the Buckeye State in all important metrics. The Rock Gaming<\/strong>\/Caesars Entertainment<\/strong> property was tops in gross revenue ($21 million), slot win\/day ($207) and table win\/day ($2,627). Hollywood Casino Toledo<\/strong> grossed $15 million, churning out $1,243 at the tables but so-so $186\/slot\/day. Table play was strong ($2,107\/day) in Columbus but slot win ($177\/day) was subpar by industry standards — but not as much as Scioto Downs’ post-Columbus $157\/VLT\/day.<\/p>\n

However, Ohioans’ passion for gambling may be experiencing a seasonal wane. Minus Hollywood Columbus, Ohio casinos would have registered their fourth consecutive month of declining revenue. One casino (Horseshoe Cincinnati<\/strong>) and six racinos are still in the pipeline, so plenty of time remains to discover whether the Ohio market is as big as was expected.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nothing says ‘November in Las Vegas‘ quite like a beach club. Yes, after unending delays, Nov. 16 is the date certain for the opening of Bagatelle Beach & Supper Club. If Bagatelle does, as promised, deliver “afternoons that transport guests … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[48,28,154,155,51,14,4,7,53,158,71,69,111,9],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/10066"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=10066"}],"version-history":[{"count":2,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/10066\/revisions"}],"predecessor-version":[{"id":10069,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/10066\/revisions\/10069"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=10066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=10066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=10066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}