Ouch.

[John1417]

PA Casino Fined $150,000 By Gaming Control Board

HARRISBURG, PA: The Pennsylvania Gaming Control Board today approved a fine of $150,000 against Downs Racing, L.P, operator of Mohegan Sun at Pocono Downs, for not meeting mandated minimum staffing levels of its security staff.

The fine was the result of a Board approval at its public meeting of a consent agreement between the PGCB’s Office of Enforcement Counsel and the casino operator.
 
The consent agreement notes that there were 91 days between January 3, 2019 to April 28, 2019 in which the casino failed to meet minimum security staffing requirements.

The next regular meeting of the Pennsylvania Gaming Control Board is scheduled for 10:00 a.m., Wednesday, October 30, 2019 in the PGCB’s Public Hearing Room located on the second floor of the Strawberry Square Complex in Harrisburg. 

 

[LUCPARK]

DELROY GOT AWAY WITH TOO MANY FREE BUFFETS..

SECURITY COULD NOT STOP HIM
ONLY HOPE WAS TO CONTAIN THE DESERT TABLE

[MR.DALRAE]

Plus they pay a monthly fine to the state for max take on slot machines,,,,very classy company

[John1417]

For March 2019, the payout returns for slots only, from highest to lowest, are:

1.Valley Forge: 90.83%
2.Parx: 90.58%
3.Mount Airy: 90.32%
4.The Meadows: 90.21%
5.Sands Bethlehem: 90.14%
6.Rivers: 89.96%
7.Sugar House: 89.88%
8.Mohegan Sun: 89.74%
9.Harrah’s Philadelphia: 89.73%
10.Nemacolin: 89.39
11.Penn National: 89.32%
12.Presque Isle: 89.27%

[John1417]

New Jersey slot payoffs.

1.Bally’s Atlantic City: 91.1%
2.Borgata Hotel Casino and Spa: 92.0%
3.Caesars Atlantic City: 91.4%
4.Golden Nugget Atlantic City: 90.8%
5.Hard Rock Hotel Casino Atlantic City: 91.2%
6.Harrah’s Resort Atlantic City: 92.2%
7.Ocean Resort Casino: 91.3%
8.Resorts Casino Hotel: 91.0%
9.Tropicana Casino & Resort: 90.7%

[John1417]

Delaware payouts:

•Delaware Park Racetrack and Slots: 92.16%.
• Dover Downs Hotel & Casino: 92.64%.
• Harrington Raceway & Casino: 91.88%.

[Equus Caballus]

Isle must have a 80 % hold lol

[Fatboy]

AINT A SLOT IN VEGAS THAT TIGHT...ANYWHERE

[Equus Caballus]

AINT A SLOT IN VEGAS THAT TIGHT...ANYWHERE

Vegas barely makes money anymore from the casinos and pits

They make their money from the hotel and spas

[Fatboy]

Vegas barely makes money anymore from the casinos and pits

They make their money from the hotel and spas

  My father has lived there over 50 years, and many hotels have filed bankruptcy including Ceasers.  MGM, that owns some 10 properties there has/is losing millions all around.  The hotel that replaced the Riv, hasn't turned a profit yet either. Same with the hotel that replaced the Sahara. 
  Millenials could give a shit about betting, except sports betting.  The Vegas experience is slowly dying.  Overbuilding and lack of interest has all hotels sweating. In short, they aren't making ANY money.

[Equus Caballus]

  My father has lived there over 50 years, and many hotels have filed bankruptcy including Ceasers.  MGM, that owns some 10 properties there has/is losing millions all around.  The hotel that replaced the Riv, hasn't turned a profit yet either. Same with the hotel that replaced the Sahara. 
  Millenials could give a shit about betting, except sports betting.  The Vegas experience is slowly dying.  Overbuilding and lack of interest has all hotels sweating. In short, they aren't making ANY money.

I think your wrong

Then why would resorts world be doubling down on Vegas?

[Fatboy]

I think your wrong

Then why would resorts world be doubling down on Vegas?

Hope this helps..My dad also tells me these places are ghost towns nowadays....been a gambler himself for decades and sees it firsthand weekly.  Most don't post accurate occupancy rates, but you may be surprised.

https://easy.vegas/casinos/profits

[Equus Caballus]

Hope this helps..plus my father don't lie.

https://easy.vegas/casinos/profits

You give me a link to some micky mouse website?

[Fatboy]

You give me a link to some micky mouse website?

  You calling my father a liar?  Check a few more websites and post how much money they are making....and the bankruptcys they cite are PUBLIC RECORD...look it up yourself.

https://www.fool.com/investing/2018/03/04/the-1-big-reason-the-las-vegas-strip-is-in-a-slump.aspx

Vegas is passe", played out, and millenials could give a shit about what their fathers think of the place..Asians have Macau also, and shun Vegas like never before.

[Calhoun]

  You calling my father a liar?  Check a few more websites and post how much money they are making....and the bankruptcys they cite are PUBLIC RECORD...look it up yourself.

https://www.fool.com/investing/2018/03/04/the-1-big-reason-the-las-vegas-strip-is-in-a-slump.aspx

Vegas is passe", played out, and millenials could give a shit about what their fathers think of the place..Asians have Macau also, and shun Vegas like never before.

You fucking dummy.

42.1M visitors 2018.  42.1M in 2017.
88% room occ rate 2018.  same 2017. 
6.5M Convention Att in 2018.  6.6M in 2017
$282M  room tax 2018.  $282M in 2017. 
49.6M passengers deplaned 2018.  48.4M in 2017
$10.2Billion gaming rev 2018.  $9.9 in 2017.

Nobody goes there anymore.  It's too crowded.