Poll

4 votes (16%)
21 votes (84%)

25 members have voted

rainman
rainman
Joined: Mar 28, 2012
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April 3rd, 2020 at 8:54:46 PM permalink
Quote: Wizard

I've been buying casino stock through this, while the prices are cheap. A year from now this will seem like ancient history.



It's my belief that this epidemic is just a
a little shake that causes the quake.
IF people start defaulting on their
mortgages look out we will all be in
hell, unless your liquid of coarse.
Ace2
Ace2
Joined: Oct 2, 2017
  • Threads: 24
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April 3rd, 2020 at 9:03:51 PM permalink
Quote: EvenBob

Not right away but eventually. When they
reopen nobody will be flocking to the
casinos for a long time and most will
have to shut down or scale back
drastically. Vegas is done, I think. It
was on the way out anyway..

Why do you think Vegas was on the way out?

Who knows, maybe they will have to nix 6/5 blackjack for a while
Itís all about making that GTA
EvenBob
EvenBob
Joined: Jul 18, 2010
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April 3rd, 2020 at 9:16:49 PM permalink
Quote: Ace2

Why do you think Vegas was on the way out?



Vegas is like the old amusement parks, Coney
Island and such. They were huge in the first
50 years of the 20th century, as were travelling
carnivals. TV and panoramic color movies put
them out of business. Cheap entertainment
at home or close to home.
Indian casinos are doing that to Vegas. So Vegas
depends on foreigners to keep them going. But
that's a fickle demographic, all it takes is something
like this to keep them away in droves. I remember
Vegas in the 70's and 80's, very few foreigners.
Now it's all you see on the Strip it seems like. If
Vegas loses them they're doomed. I have no
desire to ever go there again. Why would I.
"It's not enough to succeed, your friends must fail." Gore Vidal
TDVegas
TDVegas
Joined: Oct 30, 2018
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April 3rd, 2020 at 9:18:29 PM permalink
Gotta get back to business. The economic repercussions and resulting health implications will dwarf everything else. Gotta get back to business. There is a point of no return for many businesses....small and large.

This cannot continue on indefinitely. There is no ďsafeĒ return back to normal. The new normal will have risks.

MGM....by selling several properties and paying off $4 billion in debt has enough cash to weather the storm.
Last edited by: TDVegas on Apr 3, 2020
Ace2
Ace2
Joined: Oct 2, 2017
  • Threads: 24
  • Posts: 1209
April 3rd, 2020 at 9:30:22 PM permalink
Quote: EvenBob

Vegas is like the old amusement parks, Coney
Island and such. They were huge in the first
50 years of the 20th century, as were travelling
carnivals. TV and panoramic color movies put
them out of business. Cheap entertainment
at home or close to home.
Indian casinos are doing that to Vegas. So Vegas
depends on foreigners to keep them going. But
that's a fickle demographic, all it takes is something
like this to keep them away in droves. I remember
Vegas in the 70's and 80's, very few foreigners.
Now it's all you see on the Strip it seems like. If
Vegas loses them they're doomed. I have no
desire to ever go there again. Why would I.



I donít know. Iíve been to casinos on all inhabited continents, Macau and Monaco included, and there is no place that remotely compares to Vegas IMO. There are some Indian casinos near my home...nice facilities but I rarely go as itís just not the same atmosphere. And they donít have Craps.

I donít see online gaming ever taking out land casinos. Just like we still have movie theaters despite having TV forever and Netflix etc.

Cost of travel is so low these days that nearly anyone can afford a trip to LV. Iím sure that back in the day only the wealthy flew out to Vegas . Time will tell
Last edited by: Ace2 on Apr 3, 2020
Itís all about making that GTA
rxwine
rxwine
Joined: Feb 28, 2010
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April 3rd, 2020 at 10:13:44 PM permalink
Once the pandemic is over, I see no reason not to continue with normal behavior which has been fine for years and years. I'll keep getting my flu shot like I usually do, and if there is a covid one, I'll take that as well. I'll be in a crowd, just like I would last year and the year before.
The Hall of Unverified Claims is a vast place with many shelves.
rxwine
rxwine
Joined: Feb 28, 2010
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April 3rd, 2020 at 10:17:47 PM permalink
If vegas crowds weren't diminishing before the pandemic, I don't think they will afterward. Unless most casinos are unable to support the kind of packages that bring tourists in, why would people stop coming?
The Hall of Unverified Claims is a vast place with many shelves.
Keyser
Keyser
Joined: Apr 16, 2010
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April 3rd, 2020 at 10:26:02 PM permalink
Vegas has been fading. Before the Chinese Coronavirus, California casinos during the week were busier than Vegas on the weekends.
rxwine
rxwine
Joined: Feb 28, 2010
  • Threads: 173
  • Posts: 10449
April 3rd, 2020 at 10:31:20 PM permalink
Quote: Keyser

Vegas has been fading. Before the Chinese Coronavirus, California casinos during the week were busier than Vegas on the weekends.



Well, I'm not going to say it can't happen. Sometimes things can last a hundred years or more and finally die out.
The Hall of Unverified Claims is a vast place with many shelves.
Keyser
Keyser
Joined: Apr 16, 2010
  • Threads: 35
  • Posts: 2083
April 3rd, 2020 at 10:33:35 PM permalink
Vegas had some crowds, but they're smaller and they're not gambling much.

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