mickey, casinos don't offer widespread loss rebates for the same reason they stopped giving same day cash back -- they don't want to be bothered.

Up until about ten years ago, Caesars Palace gave same day cash back. Many of us called it our "going home money." We'd stop by the players club desk (this was pre Total Rewards) and get a voucher from the desk person and then we'd go the cage. After a weekend I'd sometimes go home with 300-500. But that took a lot of manpower. There was someone at the players club and there was a long line at the cage.

could you imagine the lines now if they still offered something like that today? I'm sure you havent been at Caesars in the past couple of years but even Seven Stars have a line at the cage.

Bellagio still has a cash back program but it's automated and you download the play at a machine to play. Other casinos also have a system for automatically downloading. But the #1 reason they want to get rid of all of these related promotions is manpower. Ever been to any Total Rewards desk and youll see lines.

when loss rebates are split up into multiple days, the casinos are hoping you don't return. That gives them an even bigger profit.

But manpower is a huge cost for casinos these days. They'll do anything to eliminate people. Who ever thought craps games could be run without boxmen? Now it's standard with Caesars properties. And why did Caesars start to install drink ordering on slot machines? So cocktail waitresses would concentrate on deliveries and not taking orders and that saved people too.

Revel? the APs didn't break Revel. Revel had the APs in the palm of their hand. But Revel got into trouble with its promotion. Perhaps you never saw this, but read it and maybe you'll bet a better idea about loss rebates get you and they get you over and over again:

https://consumerist.com/2013/07/22/c...-you-gambling/