Trump scared them off.
https://www.msn.com/en-us/money/mark...4a0a1abd&ei=49
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Trump scared them off.
https://www.msn.com/en-us/money/mark...4a0a1abd&ei=49
Quote:
Originally Posted by cyberbabble
Thanks for posting this.
No fucking way you are this stupid RED.Quote:
Originally Posted by redietzQuote:
Originally Posted by cyberbabble
Thanks for posting this.
2 resorts that should have never built and have no clue how to attract gamblers are failing. Nothing to see here. When was the last time a successful resort was built in this area of the strip? Circus Circus is the answer. The Frontier was a fun time but was never built for the high roller like these places. There are only so many “MDawgs” to go around and the resorts that have them don’t give the suckers up easily. And the average tourist isn’t staying at these places that don’t have a national pipeline like MGM and Caesars.
As for this link, it’s pure clickbait with this type nonsense…
I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast)
Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in ‘great wealth’. How to get in now
Gain potential quarterly income through this $1B private real estate fund — even if you’re not a millionaire. Here’s how to get started with as little as $10
What to read next
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This is how American car dealers use the '4-square method’ to make big profits off you — and how you can ensure you pay a fair price for all your vehicle costs
Here are 5 ‘must have’ items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you?
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A link to making millions with Stu Feiners picks might have been better.
Quote:
Originally Posted by The BozNo fucking way you are this stupid RED.Quote:
Originally Posted by redietzQuote:
Originally Posted by cyberbabble
Thanks for posting this.
2 resorts that should have never built and have no clue how to attract gamblers are failing. Nothing to see here. When was the last time a successful resort was built in this area of the strip? Circus Circus is the answer. The Frontier was a fun time but was never built for the high roller like these places. There are only so many “MDawgs” to go around and the resorts that have them don’t give the suckers up easily. And the average tourist isn’t staying at these places that don’t have a national pipeline like MGM and Caesars.
As for this link, it’s pure clickbait with this type nonsense…
I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast)
Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in ‘great wealth’. How to get in now
Gain potential quarterly income through this $1B private real estate fund — even if you’re not a millionaire. Here’s how to get started with as little as $10
What to read next
JPMorgan sees gold soaring to $6,000/ounce — use this 1 simple IRA trick to lock in those potential shiny gains (before it’s too late)
This is how American car dealers use the '4-square method’ to make big profits off you — and how you can ensure you pay a fair price for all your vehicle costs
Here are 5 ‘must have’ items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you?
How much cash do you plan to keep on hand after you retire? Here are 3 of the biggest reasons you'll need a substantial stash of savings in retirement.
A link to making millions with Stu Feiners picks might have been better.
The LVAdvisor has been keeping relatively close tabs on this for the last 24 months. There seemed to be a downturn, but then the SB boosted things. Very hard to read tea leaves between the SB and the force-fed F1 racing. Those events may have created an illusion as to how "normal" visitation was doing.
I have nothing good to say about the mid-strip debacles. Nothing grows there, so to speak. Not surprising at all. I would have been more surprised had they done well. You can't really expand strip ambience much north of the Wynn.
But there is something to the post-Covid-surge downturn. My personal experience, which counts for nothing statistically, is that I'm getting offers now that I wasn't getting a year ago. So I ask myself why.
https://res.windsurfercrs.com/ibe/in...qNCnA..0.16539.
But then, to make a case for the aberrant the other way, check out (as I did) the Aug. 5/6 rates for my usual haunt, The Tuscany above. LOL. Looks as if I might be staying at the Nugget the whole trip.
And yeah, the last paragraph of this story undercuts its entire credibility because it's an anti-Trump rant. Basically, the author was tasked with seeking out and assembling "we're in a depression" rhetoric. That's pretty obvious. And yeah, any company that spends billions within 1000 yards of the Strat deserves to fail. But it was still an interesting potpourri of information, the core of which does suggest that LV visitation is down so maybe the price gouging horror has finally stopped.
Yea there is evidence both ways.
I will argue the predatory pricing is hurting but let’s face it, Vegas has been near the top of the pricing market since the mid 00’s, maybe earlier. The change from a gambling market to a food/drink/entertainment destination didn’t help but players were still taken care of. The multiple Caesars sales didn’t help players as the further in debt they went, the more the counters looked for ways to cut costs.
BUT blaming it on Trump or any politician doesn’t hold water. As a large stockholder in Tapestry, the parent of Coach, Kate Spade and others, I’m seeing record sales and profits. Along with analysts upgrading the stock after years of mediocre returns before COVID. Obviously people have money to spend, or credit cards to max out, which is another discussion I have thoughts on. And one I have been wrong about since 08.
As for Vegas personally, I stopped going as often for years now and also saw offers increasing. I went last week avoiding MGM since I have good offers and wasn’t planning on playing much on this trip. Stayed at a Caesars property where I have next to no relationship in Vegas but got comped based on history elsewhere. Only played bar VP and only earned a few hundred points a day, actually winning some based on a couple good DDB hands and drinking more than my share.
So I was thinking about going back for the Wizard of Oz show at the Sphere (yea, I’m a big kid) and looked. Now I’m comped a suite at multiple properties during the week. Is this a sign they are hurting? Maybe.
Who knows, I rambled but still the original post was nonsense. And mentioning the FB and Resorts World is lazy journalism, as you clearly understand. Time will tell but I’m not counting Vegas out yet. This isn’t AC in 09 when PA opened casinos everywhere and the buses stopped crossing the Delaware 100 times a day.
Quote:
Originally Posted by The Boz
I think LV is fine. I think this was MSNBC putting a spin on the fact that the post-Covid mega-travel to LV and the allegedly healthy price-gouging of the city are now coming to an end. Probably would have been noticeable much earlier without the SB and the F1 stuff. So now LV will have to go back to catering to actual US travelers and gamblers, not the SB or F1 crowds.
Maybe see some decent bargains here and there. The main ding compared to 20 years ago, as I see it, is the food pricing, which you likely follow more closely than I do. I have my routines that kind of circumvent that issue or ignore it (Vic and Anthony's will be a stop no matter the pricing). But I could use the occasional decent, moderately-priced buffet or cheaper coffee shop to tide me over between higher end meals. I hate getting gouged at a coffee shop when coffee shops used to be the discount HQ of the city.
I think the room pricing downtown is returning to normal, and we'll see how the strip does.
I will say this. With the F1 construction, I actually hate driving in the city now as contrasted to I loved driving before. Plus the parking fees turn me off. I'm not going to blow $25 four or five different places in a day to pay for parking. Thus, the main pull-back spending-wise for me is a reduced use of rental cars. Instead of having one for an entire trip, now I'm a 48-hour guy and not on weekends. And if I'm at the Nugget, that means walking to Main Street to use the Enterprise there instead of the airport.
Anyway, that's my rant.
Hotels.com has Tuscany for those dates at $1174 total per night.
Those rooms should go for $120 or thereabouts on weekdays. Maybe $180 on a busy weekend.Quote:
Originally Posted by mickeycrimm
Why so expensive?
They don't look at all opulent.
$1174 per night? :eek: Good lord, that's HALF rent for many people! :eek:Quote:
Originally Posted by mickeycrimm
My, how things change.Quote:
Originally Posted by Tasha
I remember how in the early eighties I rented a nice three bedroom, two car garage ranch home in a good neighborhood for $275 / month.
Then again, as a kid I paid a nickel for a full sized candy bar.
What regular visitor who travels to LV to gamble ever has to pay to stay??
Quote:
Originally Posted by Rob.Singer
LOL. Off the top of my head, I'd suggest those who don't lose their asses regularly.
But then I'd have a tough time explaining three comped nights at the GN this trip.
In any event, the answer is that roughly 15% of LV rooms are comped.
P.S. And if you subtract MDawg's rooms, that drops to around 9% (a little MDawg humor there).
P.S.S. I guess a theory that covers all bases is that your number of comped rooms is directly proportional to your being well hung. Yeah, that's the ticket.
Someone who was already an Adult in the 50's said he bought his first house for around $22,000 in 1955. In 2025, a house costs around $500,000! :eek:Quote:
Originally Posted by MisterVMy, how things change.Quote:
Originally Posted by Tasha
I remember how in the early eighties I rented a nice three bedroom, two car garage ranch home in a good neighborhood for $275 / month.
Then again, as a kid I paid a nickel for a full sized candy bar.
Fake news bullshit.
Got back today from a week at The Palazzo.
The place was busier than I've ever seen it.
God Bless Trump......
My experience was similar Ray, especially there.Quote:
Originally Posted by Ray Finkle
The sphere was also packed for a Kenny Chesney show I attended. No clue on the profitability of the shows at the venue but they announced he’s coming back for 2026 yesterday.
And the reimagined Wizard of Oz show is opening there soon.
I guess I've gotta make time to see a Sphere show. I haven't even toured the thing yet.
Anyone recommend parking locale just to tour it? I've got an open night still, Friday. I was toying with the idea of staying at a Hilton property, maybe on/near Convention Center Drive. How close would those be to Sphere? I understand it's right behind the Venetian, but in 110 degrees, that's a bit of a hike, I guess.
Boz, your post reminded me. Chesney is supposed to give a concert here sometime soon. Not sure it'll be in the Speedway itself or at another local venue. He's an ETSU grad and donates generously.
Down below you can see what my room rates would be at Caesar's in August. For those days not showing comp I can get comped at one of their lessor properties.
I had gotten the Caesar's Diamond Status Match using Wyndam Rewards because I've been a Diamond Member there for year. But that would expire on Feb 1, 2026. If I wanted to remain Diamond at Caesars until Feb 1, 2027 I would have to do it either thru video poker Diamond In A Day, which costs money but you get there fast
Or I could play advantage slots and see how long that would take. Last month I spent two weeks running around CZR properties playing the slots. With the slots you have to run a $75,000 wager to obtain Diamond Status. And....playing advantage slots, I can only do what the traffic will bear. I can't just sit down and play. There has to be an advantage for me to play. It took me two weeks to get the 15,000 points. So now I'm Diamond until Feb 1, 2027.
I had gotten the Status Match in 2023 but let it expire hardly using it. Just one stay. But that one stay was enough to see what was going on. I ran maybe 4K in action on that stay. I also downloaded the CZR app. If you have the CZR card you can download it and check hotel rates for dates all over the country. So after that first visit running hardly any action I checked hotel rates for several of their properties. Surprisingy, they were comping me the rooms on almost all their properties. That was generated on just 4K in action. CZR rooms have a big resort fee. But if you are Diamond the resort fee is waived. That's the big attraction to the diamond card. So on this trip last month all my room nights were comped and resort fee's waived.
How much did it cost me? Didn't cost me. It cost them. The CZR properties are not exactly hotspots for advantage slots. They do have them but it's not worth that much. I averaged finding about $250 a day in expectation. There were half a dozen casinos involved. I came out of it a 6.7K winner because of a few big spins. I ran about double expectation.
I have a similar setup with PennPLAY so am actually getting comped all over the country between these two casino chains. And I'm doing it running only about 5K a day in action.
The owner, MSG, is still in the red due to a couple factors.Quote:
Originally Posted by The Boz
By report the cost was to be $1.3 Billion, but then covid hit and it actually cost $2.3 Billion.
They turn a profit only during big, well attended events, which happen on and around weekends, leaving lots of idle time without a large, paying audience.
There aren't that many bands / attractions to draw people in, and the early ones, e.g. U-2 and Dead and Co. really reamed MSG pay-wise as they had them over a barrel.
Still and all I understand MSG is building another one, I believe in Asia: I like the concept and wish them well.
Not going to comment about tourism being down. If convention and tourism people say it is, based on numbers from same period year over year, I am sure it is. That is what they do. They have no reason to lie. My own thoughts, are it probably effects the higher end places less, like Wynn properties, Venetian properties, Cosmo. It is probably all the run down strip places that feel it first, like all the Evil Empire properties. Who wants to go and stay at those run down places now.Quote:
Originally Posted by mickeycrimm
As for the ridiculously high rates at Red's favorite place, Tuscany, in August, a quick look at the convention schedule shows the DefCon convention at the convention center Aug 7-10, so THAT would be the time period in question. Defcon (hackers convention) draws about 30,000, so it isn't particularly large. You wouldn't think it would affect prices like that. By comparison CES (consumer Electronics) which comes the first week in January is 4 times as big and hotel prices do jump to $400-$500 during that time. Only thing I could come up with, is maybe Tuscany is a sponsor or associated with the convention and set aside a block of rooms, and provides shuttle bus. That kind of thing. Who knows.
-------------------------------------------------------------------------------------------------------------------------
Now to why I really posted. This quote by mickeycrimm (above) caught my eye. See how mickey knows exactly (or pretty close) to what his EV is. I have never talked to a real AP that didn't know exactly what their expected value is for what they are doing and the amount of time or trials they are doing it.
Not to beat a dead horse, but it is just really weird to me that a guy that claims to have been a professional sports better for 40 years, doesn't seem to understand EV and standard deviation and Kelly wagering. :confused: I don't see how someone can be a professional player, including sports bettor without a good understanding of these things. I really don't.
Now sometimes there is an issue with terminology. Different people call different things by different names. As I add up my EV from session to session, day, to day as the year goes on, I like to call it "accumulated EV". I have never heard anyone else call it that and occasionally, someone seems confused when I say it, although not too hard to figure out. THAT is how you know how far above or below expectation you really are.
BUT this doesn't seem to be a terminology issue with Dietz, because he has doubled and tripled and quadrupled down on it now, calling EV an opinion. Which is really weird. The guy just doesn't seem to know or understand some of the components a real player, including sports bettor would need to know and understand. :confused: That is probably why he doesn't want to do any kind of interview.
I have noticed completely terrible casino attendance where I have been. This can happen from time to time ans things later rebound though.
Most slot APs I know do not ever talk about EV, only good or not good and the experienced ones know how to choose which plays they take based on total EV without it being known exactly. There are a ton of people who make way more than those more precise. Obviously for the reason the knowledge isn't special or exclusive to them, we're then all equal and those with better health and other skills make the most.
The economy definitely effects casinos business. When people have to tighten up a little bit, that kind of spending is the first to go. Now I don't follow that closely as to how the economy is doing for most people. And I don't want to turn this into a political /Trump discussion. BUT all the talk of cuts in regards to jobs (federal) and possible benefits didn't help. Elon Musk running around with a chainsaw as he laid people off didn't help. People tend to go into saving mode, until they see what happens. In talking to several seniors at the 55+ community my mom is in, some of them really thought and maybe still do, that Musk would be coming after their social security.Quote:
Originally Posted by theywontpayontuesday
And that really puts them in save mode. Probably will lighten up now that we are 6 months in and their SS is till coming and Musk is gone and Trump seems focused on other issues like rounding up and kicking out all the Latinos and getting involved in Wars and such.
By the way, summer time in Vegas has traditionally been heavy in overseas tourists. All year is really, but summer a lot of people from Europe. I think some might be afraid to come to America right now.
You don't have to know exactly, to the penny, but you should have a pretty close approximation what you are doing is worth, per number of trials or time.Quote:
Originally Posted by theywontpayontuesday
Last year when my brother discovered the....I guess glitch...in the blackjack electronic machines, I wasn't sure exactly what it was worth. Being able to take a second action after you initially hit, isn't a standard rule anywhere (that I know of), so there was no looking it up in some set of unusual rules. I tried to figure out what the advantage would be myself and came up with a number, but I didn't trust that I wasn't missing something, so I asked around to a couple people like Wizard.
Funny thing was I got a couple very different numbers from two guys that I consider math experts. One was very close to what I had figured and one significantly higher. because time was an issue, we just started playing and 10 weeks later when we were finished actual results came in just about midway between the two numbers I was given. So who knows. At a couple hundred hands an hour we got in enough trials that variance shouldn't have been too big an issue. If it was something that was going to last a long time, I would have wanted a much more exact number as to what it was worth.
I am a little surprised to hear you say, machine players don't have such an exact number in regards to EV. That is not really my lane (at least yet), so I will take your word for it. But Blackjack APs know what their EV is per session.
AI Overview
Yes, international travel to Las Vegas has shown recent signs of slowing down
. While overall visitor numbers in 2024 were up compared to the previous year, with a 2.1% increase, the first quarter of 2025 has seen a drop in visitor volume.
Here's why:
1. Economic factors:
Increased travel costs and inflation: Rising travel expenses, including airfare and fuel prices, are making trips to Las Vegas less affordable for many international travelers.
Stronger US dollar: A strong US dollar makes travel to the United States more expensive for visitors from countries with weaker currencies.
Trade tariffs and changing government policies: Some international travelers are hesitant to visit the US due to concerns about evolving federal policies, including trade tariffs and immigration enforcement.
Economic slowdown: Concerns about a potential economic slowdown are impacting consumer confidence and discretionary spending, leading some travelers to postpone or cancel travel plans.
2. Geopolitical factors:
International tensions: Geopolitical tensions and political rhetoric can create uncertainty and impact travel sentiment, particularly from countries like Canada and Mexico, which are major sources of international visitors to Las Vegas.
Concerns about US entry policies: Some international travelers are worried about potential difficulties or negative experiences at US customs and immigration, which could be deterring them from visiting.
3. Competition:
Rise of alternative destinations: Some travelers, particularly younger generations, are seeking destinations that offer better value or different experiences than Las Vegas, leading them to consider alternative locations.
Perceived decline in value: Rising costs for amenities like resort fees, parking, and dining are leading some travelers to feel that Las Vegas no longer offers the same value as it once did.
4. Shift in travel preferences:
Preference for non-gaming activities: Younger visitors are increasingly interested in non-gaming experiences, and Las Vegas may need to further adapt to cater to this growing segment of travelers.
In conclusion, while Las Vegas's tourism numbers remained strong in 2024, the recent dip in international travel is concerning. The city is facing challenges from economic factors, geopolitical tensions, and changing visitor preferences. The Las Vegas tourism industry needs to monitor these trends and adapt its strategies to attract international visitors in the future.
There are people more precise that make way more than those that aren’t. “More precise” and “make more” are irrelevant to each other. I had one such person try to push that on me, I’m more precise but he is more effective. Thats what he told me. Of course the reason he made more than me was he put in twice the hours I did. But then his “effectiveness” dried up when all the old plays I taught him went by the wayside and I wouldn’t teach him the new plays. He eventually disappeared.Quote:
Originally Posted by theywontpayontuesday
PS i dont really try to be that precise. I use ballpark figures on daily expectation. Thats all I need.
Of course! With blackjack there is different Ev for each hand depending on the count. So if you play a 50 round session to be exact, you would need to figure each hand EV (according to count/advantage) and add them all together. Nobody could do something like that. So we run sims and use those numbers which are an average of each count per 100 rounds.Quote:
Originally Posted by mickeycrimm
So if someone wanted to be a stickler (like dietz) he could say it is an estimation, which it is. But once you get up to 20k + rounds, it is pretty precise.
What is really irritating about Dietz is that "opinion" comment. That is ridiculous and makes zero sense. I probably shouldn't let a comment like that bother me as much as it does. I will have to work on that.
I guess I should amend this comment. I was specifically thinking of the many players I have networked with over the years and that share some of how they do things on forums.Quote:
Originally Posted by kewlJ
But there is a blackjack player, professional player for 10 years now very dear to me, that does NOT track his EV or does so very loosely. That would be my own brother. If I ask him how he is doing for the year, he knows of course, but if I say how is that compared to expectation, he can't give me a number. :confused:
he doesn't seem to think it nearly as important as I do. He plays and what he wins, he win. That thinking is kind of foreign to me. And particularly when you have an off year. he has had only 1 in 10 years a couple years ago. He knew he was having a bad year, but just had no idea what it was compared to expectation.
Just seems weird to me. Gambling is math. Advantage play is math. If you dismiss the math or don't care about the math, then you are a lot closer to just gambling than advantage play it seems to me.
Quote:
Originally Posted by Seedvalue
Quote:
Originally Posted by kewlJ
Quote:
Originally Posted by MDawg
Precise keeps you above 0 EV plays bit volume can be just as or more important. Precision is more important with a small role imoQuote:
Originally Posted by mickeycrimmThere are people more precise that make way more than those that aren’t. “More precise” and “make more” are irrelevant to each other. I had one such person try to push that on me, I’m more precise but he is more effective. Thats what he told me. Of course the reason he made more than me was he put in twice the hours I did. But then his “effectiveness” dried up when all the old plays I taught him went by the wayside and I wouldn’t teach him the new plays. He eventually disappeared.Quote:
Originally Posted by theywontpayontuesday
PS i dont really try to be that precise. I use ballpark figures on daily expectation. Thats all I need.
Quote:
Originally Posted by accountinquestionPrecise keeps you above 0 EV plays bit volume can be just as or more important. Precision is more important with a small role imoQuote:
Originally Posted by mickeycrimmThere are people more precise that make way more than those that aren’t. “More precise” and “make more” are irrelevant to each other. I had one such person try to push that on me, I’m more precise but he is more effective. Thats what he told me. Of course the reason he made more than me was he put in twice the hours I did. But then his “effectiveness” dried up when all the old plays I taught him went by the wayside and I wouldn’t teach him the new plays. He eventually disappeared.Quote:
Originally Posted by theywontpayontuesday
PS i dont really try to be that precise. I use ballpark figures on daily expectation. Thats all I need.
Precise doesnt mean one is playing tighter. To me playing precise means taking more plays but at a smaller edge.
If you get 3 times the plays at a 5% edge than with a 10% edge then you are making more money on the 5% plays but with more fluctuation. And its n@tural that you will get many more of the smaller edge plays. Most AP’s play to tight i think because they dont want to have a losing day. I have an old friend that plays so tight he dont make much money.
It seems like we're basically agreeing. You've known countless guys who take anything that looks like it must be close to +EV. That's low precision and they lose to much because of it. Precise just means they're not playing as many -EV plays but they may also be taking more time figuring out whether to play which could cut into volume? It all depends.Quote:
Originally Posted by mickeycrimm
So I wonder if Red has a problem with us using EV since it is typically more of an opinion than that of a sharp bettor. Outside of MHBs and such.