vpFREE2 Forums

Fw: [acvpp] Why Are The Casinos Complaining?

#1

The following information is about Atlantic City Casinos. I'm sure similar results are found in Vegas and other gaming venues.

The AC casinos (according to the Star Ledger of Jan. 11, 2009) had the following gross revenues:
2005=4.5 billion; 2006=4.8 billion; 2007=5.3 billion; 2008=5.0 billion

In other words, gross revenues in 2008 were higher than in either 2005 or 2006. If they weren't complaining in those years, why are they bitching and moaning now? It's not like revenues fell 50%.

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-----Original Message-----
From: Louis Mogol
Sent: Tuesday, February 3, 2009 11:11 PM
To: acvpp@yahoogroups.com, freevpfree@yahoogroups.com
Subject: [acvpp] Why Are The Casinos Complaining?

#2

Gross revenues is just part of the equation used to figure net profit though.

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To: vpFREE@yahoogroups.comFrom: LouMogol@webtv.netDate: Wed, 4 Feb 2009 04:15:17 +0000Subject: [vpFREE] Fw: [acvpp] Why Are The Casinos Complaining?

-----Original Message-----From: Louis MogolSent: Tuesday, February 3, 2009 11:11 PMTo: acvpp@yahoogroups.com, freevpfree@yahoogroups.comSubject: [acvpp] Why Are The Casinos Complaining?The following information is about Atlantic City Casinos. I'm sure similar results are found in Vegas and other gaming venues.The AC casinos (according to the Star Ledger of Jan. 11, 2009) had the following gross revenues:2005=4.5 billion; 2006=4.8 billion; 2007=5.3 billion; 2008=5.0 billionIn other words, gross revenues in 2008 were higher than in either 2005 or 2006. If they weren't complaining in those years, why are they bitching and moaning now? It's not like revenues fell 50%.[Non-text portions of this message have been removed][Non-text portions of this message have been removed]

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#3

Louis Mogol wrote:

The following information is about Atlantic City Casinos. I'm sure
similar results are found in Vegas and other gaming venues.

The AC casinos (according to the Star Ledger of Jan. 11, 2009) had
the following gross revenues:
2005=4.5 billion; 2006=4.8 billion; 2007=5.3 billion; 2008=5.0
billion

In other words, gross revenues in 2008 were higher than in either
2005 or 2006. If they weren't complaining in those years, why are
they bitching and moaning now? It's not like revenues fell 50%.

I've addressed this on acvpp ... in short, in checking the NJ Casino
Control Commission website, those numbers appear to be seriously
messed up.