I could afford to offer 9/6 JOB if I only returned .22 CB

[johnfiske]

<<<<Is there some reason to get excited about this at Wynn Resorts. If
the
comp requirements are high you will lose some serious cash trying to
earn a buffet comp.>>>

I tend to agree, but then I'm a local so comps at a fancy carpet joint
have a value very close to zero for me. For a visitor who values the
"experience" I am sure the view may be different. If you honestly get
the full 0.67% in comp value it is a positive EV (99.54 + 0.22 CB + 0.67
comps).

If I were going for high limit venues, I would stick with the MGM-Mirage
resorts where you get 99.54% JoB + 0.33 CB + 0.11 Xmas Free Play. Now
you are playing about as close to 100% as possible and ALL comps and
goodies like invitational events and Free Play offers are gravy. Wynn
events and offers will have to be SIGNIFICANTLY stronger to make the
plays equivalent when playing for high stakes.

[Non-text portions of this message have been removed]

···

On Fri, 29 Apr 2005 05:59:22 -0000 "VpKing77" <vpking77@yahoo.com> writes:

[Victoria_Rosado]

Let's call this, "If I were Wynn".

Well first off I would not be posting here.
But I would not open my place with great comps for smaller players.
Yes, I might want those high rollers and give them plenty, but the
dollar player, why should I. I have a new hotel and one that has had
a huge build up in the press. People are initially going to be
willing to pay full price for my rooms and meals, so I would be
foolish to give them away right now. As far as building customer
loyalty goes, I already know that it only goes so far and lasts a
limited time. Let the rush to be at my place go on and when it peters
out, then I will come up with incentives to get people in and keep
them in.

The initial set up for comps, in other words can change.

Victoria