Atlantic City did a lot to destroy the whole business.
Prior to AC opening things ran like they had always run and proved themselves.
Then after AC opened the whole thing went corporate and every department had to show a profit. I remember some pretty heated discussions between pit bosses and beverage managers with upper management about how did they expect a bar that served a gaming pit to show a profit when it was giving away 75% of the drinks as comps to the pit.
When we started getting dealers from AC in Vegas they could get around the layout but weren't too good with the players.
Also, when we asked them the best toke day they ever had in Ac they just did the deer in the headlights look, had no idea what we were talking about.
Atlantic City did a lot to destroy the whole business.
Prior to AC opening things ran like they had always run and proved themselves.
Then after AC opened the whole thing went corporate and every department had to show a profit. I remember some pretty heated discussions between pit bosses and beverage managers with upper management about how did they expect a bar that served a gaming pit to show a profit when it was giving away 75% of the drinks as comps to the pit.
When we started getting dealers from AC in Vegas they could get around the layout but weren't too good with the players.
Also, when we asked them the best toke day they ever had in Ac they just did the deer in the headlights look, had no idea what we were talking about.
Hotel Revenue Breakdown (By percentage)
Gaming: 36.94%
Rooms: 25.06%
Food: 15.70%
Beverage: 7.60%
Other: 14.71% (shows, spas, etc.)
Gaming Revenue Breakdown (By Percentage)
Pit (a.k.a. table games): 48.52%
Slots (and video poker): 48.31%
Poker: 1.86%
Sports Book: 0.87%
Horse Book: 0.43%
Table games are generating almost the same amount of money as they were in 2007 thanks to a larger house advantage for the casinos in games like blackjack (less 3:2, more 6:5) and the growing popularity of games with a large house advantage like 3 Card Poker. It’s no surprise to see all other casino games show decreasing revenue over the years, but horse and sports betting stand out with huge drops. Horse racing brings in less than half the revenue it did in 2007 while sports betting brings in 45% less revenue.
https://gaming.unlv.edu/reports/bigstripcasino2013.pdf
https://gaming.unlv.edu/reports/bigstripcasinotrends.pdf
I thought this information was interesting.
Hotel Revenue Breakdown (By percentage)
Gaming: 36.94%
Rooms: 25.06%
Food: 15.70%
Beverage: 7.60%
Other: 14.71% (shows, spas, etc.)
Gaming Revenue Breakdown (By Percentage)
Pit (a.k.a. table games): 48.52%
Slots (and video poker): 48.31%
Poker: 1.86%
Sports Book: 0.87%
Horse Book: 0.43%
Table games are generating almost the same amount of money as they were in 2007 thanks to a larger house advantage for the casinos in games like blackjack (less 3:2, more 6:5) and the growing popularity of games with a large house advantage like 3 Card Poker. It’s no surprise to see all other casino games show decreasing revenue over the years, but horse and sports betting stand out with huge drops. Horse racing brings in less than half the revenue it did in 2007 while sports betting brings in 45% less revenue.
https://gaming.unlv.edu/reports/bigstripcasino2013.pdf
https://gaming.unlv.edu/reports/bigstripcasinotrends.pdf
I thought this information was interesting.
Hotel Revenue Breakdown (By percentage)
Gaming: 36.94%
Rooms: 25.06%
Food: 15.70%
Beverage: 7.60%
Other: 14.71% (shows, spas, etc.)
Gaming Revenue Breakdown (By Percentage)
Pit (a.k.a. table games): 48.52%
Slots (and video poker): 48.31%
Poker: 1.86%
Sports Book: 0.87%
Horse Book: 0.43%
Table games are generating almost the same amount of money as they were in 2007 thanks to a larger house advantage for the casinos in games like blackjack (less 3:2, more 6:5) and the growing popularity of games with a large house advantage like 3 Card Poker. It’s no surprise to see all other casino games show decreasing revenue over the years, but horse and sports betting stand out with huge drops. Horse racing brings in less than half the revenue it did in 2007 while sports betting brings in 45% less revenue.
https://gaming.unlv.edu/reports/bigstripcasino2013.pdf
https://gaming.unlv.edu/reports/bigstripcasinotrends.pdf
I thought this information was interesting.
Hotel Revenue Breakdown (By percentage)
Gaming: 36.94%
Rooms: 25.06%
Food: 15.70%
Beverage: 7.60%
Other: 14.71% (shows, spas, etc.)
Gaming Revenue Breakdown (By Percentage)
Pit (a.k.a. table games): 48.52%
Slots (and video poker): 48.31%
Poker: 1.86%
Sports Book: 0.87%
Horse Book: 0.43%
Table games are generating almost the same amount of money as they were in 2007 thanks to a larger house advantage for the casinos in games like blackjack (less 3:2, more 6:5) and the growing popularity of games with a large house advantage like 3 Card Poker. It’s no surprise to see all other casino games show decreasing revenue over the years, but horse and sports betting stand out with huge drops. Horse racing brings in less than half the revenue it did in 2007 while sports betting brings in 45% less revenue.
https://gaming.unlv.edu/reports/bigstripcasino2013.pdf
https://gaming.unlv.edu/reports/bigstripcasinotrends.pdf
I thought this information was interesting.
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