My understanding of the term's usage would include all of the above.
vpFae
On 1 Sep 2006 at 15:58, Curtis Rich wrote:
Re: "I told him, for example, that the August slot tournaments would
not be popular with the stronger players."
What are 'stronger' players? Players, who play more than most other
players? Players, whose average bet is higher than most other
players? Players, who play better than most other players?
Jean wrote: Bounce-back has been cut back drastically on mailers.
Brad
and I went from
$400 a month to $75 although we played more than usual
recently!!!!! .
. . Must be a new Sherman's-march-to-the-sea policy at the Palms?
Bob wrote:
many players will
decide that it is no longer a smart place for them to play. So be
it.
Every winning player continually makes these kinds of assessments
and
adjustments. If enough players cut back drastically because of
this (as
I did when they stopped letting NSU players participate in
promotions),
the casino may or may not make adjustments in order to bring those
players back in. It's a very dynamic game with both the casino and
the
players constantly making adjustments. Both casinos and players
are very
greedy and wish to make a profit. You don't have to like this, but
that's the way the game is played.Bob Dancer
>
Either that or they got the ass hung in a huge financial crack on a
overly overambitious construction project. a project which is
comprised of mainly overpriced suites built for comping purposes.
These suites and construction projects provide huge writeoffs. but
their upfront costs are enormous. Not only that these suites
profitability is dependent on big players which are are deserving of
such lavish, some $10,000 a night, suites. +ev VP players usually
arent that deserving.
I know for a fact that all "extra" work on the Plams had ceased for
6 months or more because they couldnt or wouldnt pay the bills
associated with them. also their warrentee period is coming to an
end soon and they are looking at some monster payments to the
construction gangs
also their income isnt going up nearly as fast as their
construction outlays. Wins are down all over town. Simply stated a
operation once flush with cash is now relativly strapped. Once they
recover, if they recover, do you think that things will go back to
what they were?
I dont. I think we have seen the best we will out of the Palms.
I would love to be wrong, but im usually not.
no multi point days on +EV machines
no cash back on those games
No 125 4oak bonus paycheck coupons any longer.
besides the free slot cash now and again and the free money drawings
i really dont see a reason to make a serious play there any longer.
Im sure glad us fleas are little more than a nusance to these big
casinos. if we were thay might have to change their slot club
policies.
--- In vpFREE@yahoogroups.com, "Bob Dancer" <bob.dancer@...> wrote:
Do you mean 'all' of the above or 'any' of the above?
On 9/3/06, vpFae6128305 <vpfae6128305@cox.net> wrote:
On 1 Sep 2006 at 15:58, Curtis Rich wrote:
> Re: "I told him, for example, that the August slot tournaments would
> not be popular with the stronger players."> What are 'stronger' players? Players, who play more than most other
> players? Players, whose average bet is higher than most other
> players? Players, who play better than most other players?My understanding of the term's usage would include all of the above.
vpFae
[Non-text portions of this message have been removed]
Either that or they got the ass hung in a huge financial crack on a
overly overambitious construction project. a project which is
comprised of mainly overpriced suites built for comping purposes.These suites and construction projects provide huge writeoffs. but
their upfront costs are enormous. Not only that these suites
profitability is dependent on big players which are are deserving of
such lavish, some $10,000 a night, suites. +ev VP players usually
arent that deserving.I know for a fact that all "extra" work on the Plams had ceased for
6 months or more because they couldnt or wouldnt pay the bills
associated with them. also their warrentee period is coming to an
end soon and they are looking at some monster payments to the
construction gangsalso their income isnt going up nearly as fast as their
construction outlays. Wins are down all over town. Simply stated a
operation once flush with cash is now relativly strapped. Once they
recover, if they recover, do you think that things will go back to
what they were?I dont. I think we have seen the best we will out of the Palms.
I would love to be wrong, but im usually not.no multi point days on +EV machines
no cash back on those games
No 125 4oak bonus paycheck coupons any longer.besides the free slot cash now and again and the free money drawings
i really dont see a reason to make a serious play there any longer.Im sure glad us fleas are little more than a nusance to these big
casinos. if we were thay might have to change their slot club
policies.
While local play is down all over town, I don't think the Palms has
the problems, of, say, a South Coast*. Yes, the coffee shop opened six
months behind schedule but any number of factors could have caused that.
They look like they're doing ok from what I saw in a recent visit. The
125-coin 4K promo got pounded into submission, just like all of these
types of promos do. I think the Maloofs showed a lot of heart running
it as long as they did.
As for cutbacks in the VP program, the Maloofs are just listening to
the wrong people**. Then again, it really hasn't been profitable to
play there (unless you're a $5 5-line NSUD player, or running a
paycheck scam) since about the first year they were open, so what's
the big deal anyway? I will say this much, though, and will explain it
in detail elsewhere, they make a lot of decisions which hurt them
financially. Limiting entries to 700 tickets a week is just a blunder,
plain and simple. Playing NSUD at $100 ci a ticket is, at best,
spinning ones' wheels, and that's not discussing the folks who play
DDB on those machines. The idea is to curb advantage play, but
advantage play is very difficult at the Palms, unless you're a....
* no matter how hard Boyd or the Gaughans try, they still offer a
midline product. This is why they're at where they are in the casino
operator food chain, and why Stations is where they're at, although
making money at a Stations is a lot more difficult than it is with
Boyd or Coast. There may be a lesson learned there. I think Michael
Gaughan had the best of the South Coast deal, I think Boyd should have
waited it out; the next wave of development in LV is south of town and
SC is in a prime location, but note that Stations will be next door
and they're waiting it out a little bit.
**time for another blog entry-maybe by midweek...if I'm still not too
hung over from this weeekend :).
No Im telling you the construction project is crushing them.
--- In vpFREE@yahoogroups.com, "paladingamingllc"
<paladingamingllc@...> wrote:
> Either that or they got the ass hung in a huge financial crack
on a
> overly overambitious construction project. a project which is
> comprised of mainly overpriced suites built for comping
purposes.
>
> These suites and construction projects provide huge writeoffs.
but
> their upfront costs are enormous. Not only that these suites
> profitability is dependent on big players which are are
deserving of
> such lavish, some $10,000 a night, suites. +ev VP players
usually
> arent that deserving.
>
> I know for a fact that all "extra" work on the Plams had ceased
for
> 6 months or more because they couldnt or wouldnt pay the bills
> associated with them. also their warrentee period is coming to
an
> end soon and they are looking at some monster payments to the
> construction gangs
>
> also their income isnt going up nearly as fast as their
> construction outlays. Wins are down all over town. Simply stated
a
> operation once flush with cash is now relativly strapped. Once
they
> recover, if they recover, do you think that things will go back
to
> what they were?
>
> I dont. I think we have seen the best we will out of the Palms.
> I would love to be wrong, but im usually not.
>
> no multi point days on +EV machines
> no cash back on those games
> No 125 4oak bonus paycheck coupons any longer.
>
> besides the free slot cash now and again and the free money
drawings
> i really dont see a reason to make a serious play there any
longer.
>
> Im sure glad us fleas are little more than a nusance to these
big
> casinos. if we were thay might have to change their slot club
> policies.While local play is down all over town, I don't think the Palms has
the problems, of, say, a South Coast*. Yes, the coffee shop opened
six
months behind schedule but any number of factors could have caused
that.
They look like they're doing ok from what I saw in a recent visit.
The
125-coin 4K promo got pounded into submission, just like all of
these
types of promos do. I think the Maloofs showed a lot of heart
running
it as long as they did.
As for cutbacks in the VP program, the Maloofs are just listening
to
the wrong people**. Then again, it really hasn't been profitable to
play there (unless you're a $5 5-line NSUD player, or running a
paycheck scam) since about the first year they were open, so what's
the big deal anyway? I will say this much, though, and will
explain it
in detail elsewhere, they make a lot of decisions which hurt them
financially. Limiting entries to 700 tickets a week is just a
blunder,
plain and simple. Playing NSUD at $100 ci a ticket is, at best,
spinning ones' wheels, and that's not discussing the folks who play
DDB on those machines. The idea is to curb advantage play, but
advantage play is very difficult at the Palms, unless you're a....* no matter how hard Boyd or the Gaughans try, they still offer a
midline product. This is why they're at where they are in the
casino
operator food chain, and why Stations is where they're at, although
making money at a Stations is a lot more difficult than it is with
Boyd or Coast. There may be a lesson learned there. I think Michael
Gaughan had the best of the South Coast deal, I think Boyd should
have
waited it out; the next wave of development in LV is south of town
and
SC is in a prime location, but note that Stations will be next door
and they're waiting it out a little bit.**time for another blog entry-maybe by midweek...if I'm still not
too
hung over from this weeekend :).
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