If there were ever an industry that could afford to take care of its employees and treat them decently during a time like this it is the gambling industry. However, it's quite obvious that this will not happen. Over the past few years MGM and Caesars have slowly weeded out their full-time positions and replaced them with part-time positions. This was obviously so that they did not have to pay the majority of employees benefits. Casino wages have been stagnant over the past 15 years and as the casinos gouge the patrons, all of the profits funnel to the bottom line and do not trickle down to those who deserve it and need it. Vegas is my favourite city on the planet, it is hard to feel sorry for the corporations that run the city.
great points
i would add that those "corporations" aren't just top executives, i have a large stake in wynn/penn so it's not quite as easy as saying punish those corporations, because then the shareholders/bondholders/etc get punished too
Compared to what other states? I'm from the Midwest and people in Vegas are nice. You wanna talk about trashy states, you ever been to fukkin Mississippi or NJ? Both pure trash. Easily the worst states. Ironically those 3 states have the most well know gambling meccas in the USA. Vegas, AC and Tunica. So that begs the question now, does gambling attract trash or does trash attract gambling?
Compared to what other states? I'm from the Midwest and people in Vegas are nice. You wanna talk about trashy states, you ever been to fukkin Mississippi or NJ? Both pure trash. Easily the worst states. Ironically those 3 states have the most well know gambling meccas in the USA. Vegas, AC and Tunica. So that begs the question now, does gambling attract trash or does trash attract gambling?
LOL, chicken and egg with corrupt leaders, both obviously.
Vegas whole economy depends on hotels that is the one of the hardest hit for years and years they’re in for a very very difficult times
Vegas is a bunch of gamblers, pimps, hookers and drug addicts and homeless people, then you have the social outcast from everywhere else in the World Finally all the people from California just using Vegas as a tax shelter for a house
Clearly, many who've posted in this thread fall into two camps:
1) Those who think Vegas will turn into a dust bowl (or at least a shadow of its former self)
2) Those who think Vegas will survive
For the record, I'm in #2.
Of course, we won't know for six to eighteen months which camp is right...but I've some thoughts as to why I'm bullish on Vegas and why all of us in #2 will sooner or later be vindicated.
Sports betting makes up just a portion of the casinos' income. Those who try and predict Vegas' future based on what they see through this lens are not seeing the larger picture.
Yes, it's increasingly difficult to find places that accept sharp action; however, this applies to offshores as well. This why I spread my wagers between Vegas books and off shores. It's a matter of keeping a low profile and have small income streams from diverse books. And cashing tickets at Vegas is less onerous than playing bit coin hopscotch via off shore.
Well known entertainers have and will continue to headline at Vegas. I doubt many casinos in a smaller market will be able to compete.
When the Raiders move to town, Vegas will have three professional major league sports teams. They already have the Golden Knights, which have a strong following. They also have the Aces (it's in the lowly WNBA but still...).
Vegas has and will continue to attract some of the largest conventions within the U.S. They will continue to innovate on how to attract Joe and Jane Tourist with non-gaming activities.
This, of course, is all contingent on a vaccine eventually becoming a reality.
Make no mistake: some of the most brilliant minds in science WILL develop a vaccine. The incentives are too great. And when this happens, the world will breathe a collective sigh of relief.
Covid-19 will undoubtedly effectuate a paradigm shift. The government will be better prepared for the next epidemic or pandemic. The scientific community will also adapt. It may no longer be considered impolite to not shake hands. People hopefully will practice better hygiene.
There may even be some sort of an identification system. Perhaps a card with one's photo and an insignia which denotes that you've received the most current vaccine. And one displays this card on a lanyard or clipped to a shirt before entering crowded environments.
Obviously, bad actors will attempt to create fraudulent cards. To counter, security can have scanning devices which detect for this, just as they perform a search for weapons. Yes, some may find this inconvenient. However, most people, I suspect, won't mind if they find comfort in knowing that people around them have had their temps tested, card verified, and are not carrying any weapons.
And there will be small to mid-size businesses who lack the resources to perform such rigorous testing to each and every patron. Those who enter such establishments will do so on their own accord.
And let's not forget the major casinos are now run by ruthless but savvy people with share holders to answer to. It's a very safe bet they're having closed-door meetings on how they can adapt, survive, and eventually thrive.
And Vegas should also make stronger efforts to increase non-tourist related industries. Just as an intelligent portfolio should be well diversified (but not over diversified), Vegas, if the collective leadership has half a brain, will learn the painful lessons from recent events. Reno did this with Tesla. I won't be surprised if Vegas now adopts similar tactics.
so far in nevada 23,000 people have been tested and 2,000 people have the virus
so 90% of people that think they have the virus, don't have the virus
2,000 really old sickly people dead from "the virus", even though many of them could just be dying of pneumonia/heart attacks/old age
300,000 people on unemployment
what is the worse problem?
The choice isn't between a few thousand cases of COVID-19 or our economy running perfectly. "Only" 500k cases and 20k deaths (so far) is the direct result of our current social distancing measures. What would have happened if we didn't do take these precautions? Do you think the economy would have run just swimmingly as millions of people die?
Vegas may very well go bankrupt, but offshore isnt winning anything at this point,jmo
later
Both are just dust in the wind right now.. I know I haven't placed a bet or deposited a dime on a dozen books that I'm with now since Corona really hit.. Nothing to bet on..
You got Cyber betting and horses.. No thank you.. Online casino play also where you always lose your bank roll in time once you get hooked and keep playing daily. No thank you again!!!
My book balances are collecting dust today. May bet on a political future when I see the odds are good and that's about it right now.
Gambling establishments of any kind are not immune to the Corona shut down..
Vegas has ruined many many lives the quicker it goes bankrupt the more people will be saved, many will move the surrounding states and away from the vices and the corruption of the mind
I went there and they took all my money, plus got robbed by many hookers
Vegas has ruined many many lives the quicker it goes bankrupt the more people will be saved, many will move the surrounding states and away from the vices and the corruption of the mind
I went there and they took all my money, plus got robbed by many hookers
Lol.. Some truth to that for many.. What happens in Vegas stays in Vegas.. No need to post about it now JJ ...
That's what they do, and they're good at it.
I've always known this and I can proudly say I've never paid for sex in Vegas.
I've only paid for sex once (indirectly), and that was when I married my wife and I'm still paying for sex (indirectly)
Vegas has ruined many many lives the quicker it goes bankrupt the more people will be saved, many will move the surrounding states and away from the vices and the corruption of the mind
I went there and they took all my money, plus got robbed by many hookers
Krackman had a big say in running you out of Vegas
Vegas has ruined many many lives the quicker it goes bankrupt the more people will be saved, many will move the surrounding states and away from the vices and the corruption of the mind
I went there and they took all my money, plus got robbed by many hookers
"
"It was Sweep or his friend..2 hooker classic set up
Guy banging a girl for like $150 and the other chick in the room getting him for $800 more looking through his pockets
Slim Shady last week goes to Vegas..at bar some broad says he is cute and says I am horny
He is all excited..now boys this kid sticks out like a sore thumb......5-11, 121, Albino and long hair real winner
Anyway she takes him to some dive hotel and they get in the room and she tells him to strip down, he is all excited , guy comes in the room with a gun and says give me everything you have including clothes
He has like 2 Dimes on him..loses cell and has no clothes
He goes into lobby with a sheet on him only to use phone
Of course robbers get away
LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!! I would of paid to witness this
I remember going to Vegas back in the day and a good looking buddy of mine got seriously horny and played hard by a hot hooker at the end of the night, we were all staying in a multi room suite at the Luxor probably 25 years ago.. It was the place to be back then.
Her play was - they were kissing and getting it on in bed and she said, "do you have a condom?" My buddy said, "no don't you have one?" She said, no after he paid her, she then said "I'll be right back as I got to go down to the casino floor room shops and get one". She took the room hotel key card and walked out.. My buddy trusted her like an idiot...
Needless to say she was gone and never to be seen again after that.. My bud was waiting in bed for an hour with a hard on until finally he realized he got played for $300..
The choice isn't between a few thousand cases of COVID-19 or our economy running perfectly. "Only" 500k cases and 20k deaths (so far) is the direct result of our current social distancing measures. What would have happened if we didn't do take these precautions? Do you think the economy would have run just swimmingly as millions of people die?
Go to the other thread to get the points on why everything you stated here is incorrect. "Millions of people die" --- get out of here dude, I can't believe people don't know at least this much, it's embarrassing.
Short version. Downtown Panama City casino hotel. 1st night checked in and sat down at a blackjack table. Working girl sits up close to me and takes a couple my chips flirting closely and plays some cards with me. One thing led to another, we went to my room and she immediately shows her hairy puzzy. Oh baby baby baby...actually to hairy for my liking and she's really annoying with her oh baby chit and telling me about her real baby(s) needing money. She's not the sexiest of girls. I found my way to the bathroom to piss and when looking in the mirror, the hall closet mirror was behind which I could see the girl unplugging my phone between beds. Obviously not good. I confronted her and she freaked out. I asked her to leave and she basically attacks me with hugs and tries to stop me from plugging the phone back in. It was a struggle. At this point I was very concerned. Fighting her off I plugged in dialed 0 and asked for security. They came right up, ripped her ass, sort of scolded me and escorted off she went.
Now, you tell me. What goes down if I don't catch her unplugging the phone?
Short version. Downtown Panama City casino hotel. 1st night checked in and sat down at a blackjack table. Working girl sits up close to me and takes a couple my chips flirting closely and plays some cards with me. One thing led to another, we went to my room and she immediately shows her hairy puzzy. Oh baby baby baby...actually to hairy for my liking and she's really annoying with her oh baby chit and telling me about her real baby(s) needing money. She's not the sexiest of girls. I found my way to the bathroom to piss and when looking in the mirror, the hall closet mirror was behind which I could see the girl unplugging my phone between beds. Obviously not good. I confronted her and she freaked out. I asked her to leave and she basically attacks me with hugs and tries to stop me from plugging the phone back in. It was a struggle. At this point I was very concerned. Fighting her off I plugged in dialed 0 and asked for security. They came right up, ripped her ass, sort of scolded me and escorted off she went.
Now, you tell me. What goes down if I don't catch her unplugging the phone?
I think I was at that same casino 3 years ago. Right next to the former Trump Hotel (now a JW Marriott I believe).
There were working girls crawling all over that casino. Nah thanks for me. I went to the rooftop bar on like the 65th floor. Nice view of the city.