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To reverse fortune of table games, stop squeezing the players, experts say

Started by 21 Aces, November 29, 2016, 07:42:40 PM

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21 Aces

Life is something you dominate if you're any good. - Tom Buchanan

alrelax

The article is pretty accurate and leaves out a lot of reference points of course. 

Reference Atlantic City:

A.C. screwed themselves because of 4 factors;

1)  Unions
2)  Casino corporate greed without reinvesting
3)  Political corruption to the max
4) Other gaming jurisdictions opening because of the densely populated northeast within 2 hours each way of A.C. and another 2 hours each way of NYC.

#4 probably would have happened eventually if A.C. turned into a true mini Vegas, but probably not until right about now, IMO.  But this happened prior to 2000, they easily could have bought another 25 years without much worry and if and only if they really blossomed A.C. into something much larger they probably could have pushed off other jurisdictions from opening nearby past 2020. 

Reference Southern California:

They built a lot of nice casinos and full service properties there, Pala, Pechanga, Agua Caliente, Fantasy Springs, etc.  Even Morongo has installed a high limit Asian baccarat and related room and really converted their huge floor baccarat action which included a lot of HL Vegas players into their property and that is happening all over Southern California where there is a ton of money and a ton of players that used to be Vegas exclusive only.

This has a lot to do with the mentality and greed of the casino companies as mentioned within the article in Vegas.  MGM and CET alone had huge cut backs and bad refinements to their player comp rules and regulations the past several years topped with the majority of the properties complete disrespect and lack of old-school service to the table games players mid-strip.  There are options and there are much better conditions off the strip.  The only down sides to getting off strip is the lack of the celebrity chef'd restaurants and the lack of Villa and Mansion type of hotel facilities.  The other properties have great restaurants and nice normal 2 and 3 bedroom suites.  As well, table limits, they are $5k, $10k and possibly more, not $15k to $25k off the street and above.  If you play bigger than $5k or $10k a hand, you can just have your wife or GF or male friend next to you and double your wager without anything every being said.  Just don't hand the cash to them to buy-in. 

I have mentioned it before and it took a few years and they will see many of their regular HL players not so often and losing players to other properties.  For most, the highest majority of the serious players, (not the fake and temporary whale or touristy type of players) once they get off mid-strip they really do enjoy the overall gaming play a bit better. 
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