Originally Posted by
LarryS
Other than free play, all the other comps are minimal in real value for people who live in vegas.
Most people who live locally can eat at home easily for 10 dollars a day. 3 eggs and 2 pieces of toast and butter costs 1,00 for breakfast, a tuna or cold cut sandwich with a side of potato salad costs 2 dollars, and for 7 dollars you can have steak or chicken with a baked potato and veggie for dinner.
So if someone gets 3meals from the casino totaling 70 dollars for the day.....the only real value they get out of that is 10 dollars looking strictly at monetary savings.
And if you live locally and get free rooms...the only thing you might save is the cost of electricity and water you would use when you are home.
Its like a business man that travels and the company pays for food and lodging up to 120 dollars a day based on receipts submitted . In that case the only thing he saves out of his bank account is 10 dollars..since he is still paying rent at home, and he would have spent 10 dollars on food that day on his own.
So for people looking at gambling strictly as a business calculating winnings and subtracting expenses......comps are nice window dressing....but not great for accounting purposes