https://www.cardplayer.com/poker-new...tables-in-july
Is it a good news for the AP and the RC(recreational counter)? I think so.
1. 6/5 scares the blackjack player away, casino exective may consider roll back to 3/2. In fact, one shop set up billboard ad as a tool to attract customers.
2. Blackjack tables are less crowded for the AP or RC
Article said craps revenue and baccarat both down 18% also, more than blackjack. There’s very little difference in 6/5 or csm in LV this year vs last, don’t think that’s much of an effect unless you’re going to compare from say 5-7 years ago .
Anyone who would come to Vegas primarily to gamble recreationally, or even for entertainment, is better off going to the loca venues and not dealing with paid parking, resort fees, obscene markups, and employees in customer service jobs treating you like trash. for an average person with say a 2k-3k vacation budget it’s already gone after flights, hotel, resort/parking fees and food, why bother going to Vegas?
People don't go to casinos alone. The BJ player usually have craps, baccarat and/or video poler playing friends. Especially if they have a lot of money to lose. They go were everyone is a happy camper. The BJ player is the only one likely to have a strong preference about venue so they tend to go where he wants to go. You can bet it isn't the casinos with 6:5 tables or CSMs. Many people judge how loose machines will be or other games by looking at the BJ rules. If the BJ rules are generous most players, that care about not losing their money fast, figure so will the parts of play that they can't see like slot returns and advantage on other games, but if the BJ rules suck the other games will all suck as well. They use poker payables for the same thing but that requires more research and more time looking at pay tables on various machines.Originally Posted by mcallister3200
To a large extent my thinking was pretty much also along these lines. If a casino mostly offered shitty 6:5 games then how much did they really care about the customer in other regards. However, just recently CBJN stopped listing 6:5 games in its publication. I think this was a big take away and really reduced the value of the publication.
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Given the number of casinos now open in most states, it is impossible for Las Vegas to sustain so many casinos, period. In time, with more casino destinations overseas, their international attraction will also diminish. I think more and more casinos will cut back their hours, closing their casinos between 3:00 and 9:00 a.m. or such.
You have a good point about how there are a lot of casinos being built in other states. Maybe the new sports teams in the city will offset that local casino option at least a little bit. I hope so with some of the new casinos being built or the planning in place to build them. Especially since I know at least a couple in the works won`t be owned by one of the main 4 corporations that dominate LV. More competition is always better for the consumer.
Not really. There's a difference between consumer sentiment and mismanaging your business.
Maybe LV's master plan is to transition out of gambling (and fleece those willing to partake in shitty games until then), as they can't compete with local casinos that the vast majority of the US population now has near home. However, there are only so many people willing to pay the outrageous resort fees, parking fees, $1000 bottle service, etc. A very short-sghted strategy, IMO. But short-sighted is what Wall St thrives on.
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