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Advice to Las Vegas Casinos: Consolidate: Got to do with Perspective...

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Last Edited: May 3, 2010, 12:53 am

As painful as it may sound, Consolidate into 1 or 2 families who own everything in Las Vegas, make it a: 50 mile HUGE Gambling mall belonging to 1 group...Is better for the industry in my opinion...

Why? i would think that half the people who go to las vegas go there to have fun the other half go to WIN...

it has to do with PERSPECTIVE/VIEW/PSYCHOLOGY i would think...Small casinos would tend to be stinger/frugal/economical because they are small and would tend to be more STRICT thus there will be fewer winners....But if there is 1 consolidaded huge vast mall casino belonging to 1 family there is more chances that there will be more winners and because is 1 for instance 1 family will be happy with making: $50 or $100 million dollars a year or even $300 million dollars a year....

But because is dozens or hundreds of small casinos each owner of a casino wants: $50 million or $100 million, PER YEAR....With that kind of hunger there CANT BE WINNERS...If 1 family is happy with let´s say: $300 million for themselves every year, they will want to give the rest to the public...And the more you give to the public the more people come the more stories people hear out there of winners making them want to go...

But imagine there is 100 or 300 small casino owners springing up each year each one wants: $50 million per year or $100 million per year and EVERY YEAR there is 100 more small casino owners springing up everywhere in LAS VEGAS EACH ONE wanting: $50 million or $100 million...And you see, at that rate: to feed up the small casino owners appettitte each year the ¨Consumerism/Players attendance¨ has to double or triple its PREVIOUS YEAR...You know what that will cause with Las Vegas, every year hundreds of small casino owners springing up will only cause the revenue of ALL the casinos to DWINDLE/TRICKLE DOWN...Want to say that is not the case with regular bussiness however there must be a rate/ratio with regular bussiness, however is not the case with Las Vegas Casinos....

Also there is a difference between Casinos and regular bussinesses...Casinos take less penny per dollar and Las Vegas Casinos is just 1 area which will mean that the pennies per dollars that the Casino takes will increase as time passes....Also, people have to EAT and be CLOTHED, they dont have to: GAMBLE...And remember HALF the people go to las Vegas go because they want to have a GOOD TIME...That´s 50% of the consumers of las Vegas....

And becareful the percentage is not: 50/50 but more like: 75/25 or 80/20....Meaning 80% of the people who visit Las Vegas do so because they want to have a good time...

Entry #898

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