vpFREE2 Forums

South Point Upgrade(VP Free AND BDC Flea ALERT)

#1

A few years ago, Sam's Town removed all FPDW because they said they were losing $5/hour on each machine.
Today Sam's Town has FPDW, but with slower machines and reduced points that $5 is probably less now, but let's use it.
South Point might actually lose $100 per day per machine. The marketing value would easily exceed that just like any other promotion or cash back.
I have never set foot in SP, but yesterday I recommended it as a new home for a former Barbary Coast fan. No flea alert, these folks play deuces and everything else. They love Michael's and pay cash. They'll be there this weekend. With FPDW gone from Silverton, I'll be giving SP a try myself in the spring if nothing changes. So the reason to have FPDW is the same reason you give 8x points or $20 cash back, it's get people into your casino. All but a small number will play other games, bring friends that are not interested in value play (my MIL), refer friends, spend cash in restaurants. Full pay games are just part of the mix for casinos in the competitive Las Vegas market. FPDW tells me South Point wants my business.

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----- Original Message ----
From: shortpaydan <shortpaydan@yahoo.com>
"Why on earth south point put these games in knowing
full hell and well there're going to lose money on them is beyond me."

#2

Very well put, TK.

Loss leaders have been a part of the casino business for decades and 100%+
video poker is just the latest iteration thereof.

It's only been in recent years with the "upscaling" of Las Vegas and the
subequent shift to non-gaming revenue when things like buffets and
steakhouses have (mostly) moved out of this category.

If South Point loses $800 a day on those machines and Ellis Island sells 100
$6.99 steak dinners a day with fair market value of $14.99, what's the
difference? A dollar's a dollar no matter where it comes from or goes to.

"FPDW tells me South Point wants my business."

And Station cutting FPDW points in half says they don't.

So guess who gets my action these days.

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On Thu, Aug 14, 2008 at 1:08 AM, TK in WIS <tkinwis@yahoo.com> wrote:

  So the reason to have FPDW is the same reason you give 8x points or $20
cash back, it's get people into your casino. All but a small number will
play other games, bring friends that are not interested in value play (my
MIL), refer friends, spend cash in restaurants. Full pay games are just part
of the mix for casinos in the competitive Las Vegas market. FPDW tells me
South Point wants my business.

----- Original Message ----
From: shortpaydan <shortpaydan@yahoo.com <shortpaydan%40yahoo.com>>
"Why on earth south point put these games in knowing
full hell and well there're going to lose money on them is beyond me."

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