Originally Posted by
shockerman
A recession would create less disposable income overall. That would lead to less trips to Las Vegas, or the local casino. I would think they would offer more incentives and cut costs in places like support services and labor. (security, pit bosses, hospitality, food and beverage service etc.) The casino may not invest in expensive new security devices and stick with what they have. I heard a podcast with a casino security expert who said they only spend 10% of their time searching for AP play. That may include employee theft, I'm not sure. I can see them cutting corners there and give security added responsibilities with no labor increase. It goes without saying that slots and games are their main source of revenue, so they've already streamlined their systems and procedures in their games with built in, predictable margins. They want you in the door first, then separate you from your money. Since they will have less traffic, they will offer better incentives to get butts in seats.
So, I feel a recession would weaken the casino industry and offer more opportunities for the advantage player.
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