I realize there is a separate vpFREE website for California issues. In fact, I post there regularly.
But I wanted all you Vegas locals to know that you are not alone in seeing diminishing slot club returns. The changes are staggering.
Until recently one of our California casinos offered a full 1% cash back on one bank of VP. By mistake, these machines were being awarded the slot rate which was twice the VP earnings rate. Many of us enjoyed the 9/6 Jacks and 8/5 Super Aces trip after trip with the 1%.
But the slot club announced "new and improved" changes which, through confusing number juggling, resulted in the cashback rate being slashed by two-thirds.
And yesterday, I discovered the entire bank of VP machines paying the former 1% had vanished. A floor worker confirmed they are gone, not simply moved, and probably gone for good. She then directed to a row in High Limit featuring two of your favorites, 8/5 Jacks and 7/5 Bonus.
Now that's what I call "new and improved"!
Another of our casinos gave decent comps on winning trips. More significantly, you got a full 10% back on losing trips. For example: Play awhile and win $2000, you might get up to a $50 meal. Play enough but lose $2000, you cheerfully got $200 to spend anywhere in the hotel.
But that too has changed according to an executive host I spoke to yesterday. Due to "the recession" the casino now requires you to cash out any and all slot club points (a la Harrahs) and then reviews what you might or might not get on a case by case basis. Lose a lot quickly and you may not get much back in comps at all. And 10% back? Don't even go there.
Those who think the best VP years are behind us have reason to think that way. Nothing is getting easier or more generous.
But when you do find that occasional "opportunity", best to pounce on it quickly and enjoy. Nothing lasts forever.