I also think you are right on Jeep. Wynn and Adelson in
particular will desperately need the cash flow to keep
from violating debt covenants. Things can get really
ugly when that happens. I think that times have been
good for so long the suits continue to push the buttons
that worked for the last 6 years. Unfortunately for them
the tourist has dried up and they're going to need
players to stay afloat. Hell even AIG conventioneers are
going to get scarce.
Eventually they'll be competing for bodies and some
wunderkin will decide they need to give players a better deal.
My guess would be that once one of the cassino companies
starts and has success you'll see everyone else chase them.
--- In vpFREE@yahoogroups.com, Money Works <worksforthemoney@...>
wrote:
I think you are right on Jeep:)
From: whitejeeps <whitejeeps@...>
Subject: [vpFREE] I've been thinking. Comp cuts???
To: vpFREE@yahoogroups.com
Date: Sunday, October 19, 2008, 10:07 AM
Wasn't long ago gas was $4. Now times are getting bad
and the gas is is
on "sale". As the oil guys, I believe some of the casinos are
going to
wake up and decide they actually need every customer than get.
Some
suit will come up with a hot new idea; We should give some $$ back
to
the customer when they play. I think we'll call it money back.
(Can,t
call it cash back as it will scare all casino managers)
Boom and bust; stock market, dot coms, oil, video games, and
others.
Now it's casino BOOM & BUST. It's just a matter of time till
gambling
···
--- On Sun, 10/19/08, whitejeeps <whitejeeps@...> wrote:
joints loosen up and try to get and KEEP customers again.
I know you all think I'm nuts. Jeep
__________________________________________________
Do You Yahoo!?
Tired of spam? Yahoo! Mail has the best spam protection around
http://mail.yahoo.com
[Non-text portions of this message have been removed]