Poll

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

25 members have voted

SOOPOO
SOOPOO
Joined: Aug 8, 2010
  • Threads: 108
  • Posts: 6907
April 4th, 2020 at 2:38:28 PM permalink
Quote: AZDuffman

I'll take $50 on that if it is an open offer.



It's a bet. Two conditions.
1. You post whatever objective data from March 2019 that we can check after March 2021.
2. Since I make so many of these bets, you are responsible for reminding me if I owe you, or paying me if you owe me!

Deal?
ChumpChange
ChumpChange
Joined: Jun 15, 2018
  • Threads: 25
  • Posts: 1179
April 4th, 2020 at 2:42:44 PM permalink
The company that brews Corona beer has suspended production after its business activities were declared non-essential by the Mexican government.​
AZDuffman
AZDuffman
Joined: Nov 2, 2009
  • Threads: 221
  • Posts: 11747
April 4th, 2020 at 2:45:54 PM permalink
Quote: SOOPOO

It's a bet. Two conditions.
1. You post whatever objective data from March 2019 that we can check after March 2021.
2. Since I make so many of these bets, you are responsible for reminding me if I owe you, or paying me if you owe me!

Deal?



I thought you were offering from 2020 to 2021? I will still take it though. I need help on who publishes total handle. I only get the sports handle on my podcast.

If I win I will probably just have you give it to the dog pound near me, if you want to do a charity feel free.

DEAL ACCEPTED.
All animals are equal, but some are more equal than others
SOOPOO
SOOPOO
Joined: Aug 8, 2010
  • Threads: 108
  • Posts: 6907
April 4th, 2020 at 2:59:26 PM permalink
Quote: AZDuffman

I thought you were offering from 2020 to 2021? I will still take it though. I need help on who publishes total handle. I only get the sports handle on my podcast.

If I win I will probably just have you give it to the dog pound near me, if you want to do a charity feel free.

DEAL ACCEPTED.



I picked 2019 because I think volume was already down in March 2020.
rawtuff
rawtuff
Joined: Mar 15, 2013
  • Threads: 2
  • Posts: 171
April 4th, 2020 at 3:58:04 PM permalink
Quote: beachbumbabs

Florida should be interesting for housing. The way we're going, the old folks will die in droves. Me and Mom among them, probably. Hard to quarantine forever. I bet 15% or more of the houses are on the market by the end of the year, crashing the housing recovery that we finally had this past year.



Women seem to have it significantly less or easier than men (almost 50% less female deaths than male). So far it's like a lottery, we don't know what causes some people to have it so mildly or even completely asymptomatic and others going critical pretty fast.
Suited89
Suited89
Joined: Dec 23, 2019
  • Threads: 2
  • Posts: 93
April 4th, 2020 at 8:50:06 PM permalink
I don't really know the intricacies of Gaming holdings. They are very complex. I'm sure theres a golden parachute at the top of management/ownership buried in there somewhere. As for the destination Las Vegas, it has seen its better days. Unencumbered travel for me in the 80's was something I have not seen since 9-11. Basically plunk down three Benjamins and get a flight to/from LV from the E. Coast. Even better was the $1000 gaming requirement, cupons, discounts, etc. Vegas was open for business, and doing great business. Tourist-wise as several others point out correctly IMHO much has changed. Vegas is no longer a $2 or even $5 town. The wide-spread Native American Casinos took that business in the 90's. Today I wouldn't think of Vegas as anything less than green-chip, and black chipping prevails. A $10 table looks like a door-buster.

I think the question at base is not wether Casino A or B fails, its will LV itself fail. To that end LV will survive, just like amusement-parks and hotels. But it will take time. IIRC Even Bob put forth 2022, (I appologize if mistaken) and I agree. Wizard plunking down money on that comeback is a smart, long term bet. Near term, a lotta financial pain, perhaps the proverbial and cliche roller-coaster. I put 1/2 my Benjamins on the smaller hotel REIT's that had until COVID-19 a good strong balance sheet (with other investments). These not in LV, but in larger cities USA and immediate surroundings. Ultimately, while not a sure bet, both are good bets IMHO.

Theres many ways to make and lose money in these times, each of us punts with our best knowlege. In some cases patience is the path to success. In some cases there IS a good quick buck worth taking. 50% in a week, or triple your money in three years with a 30% dividend. Each of us has their own favorite, or blend.

Personally, I would not bet against Las Vegas, but the financially stronger of the Casinos carry that burden.

Suited89
some people need to reimagine their thinking
sddude24
sddude24
Joined: Jul 29, 2012
  • Threads: 3
  • Posts: 32
April 4th, 2020 at 9:15:04 PM permalink
I think the best answer is a question: when will the vaccine be created and in production? Let's hope for the early part of 2021 but that is still an unknown. In the period before that we will see the infection rate ebb and flow.
At times when the virus spikes again the lockdowns will return. Even in the lower infection rate periods there will still be social distancing in the casino. If its similar to Macau, we would see masks for everyone, every other seat empty, etc. Plus we have to consider issues in the places where tourists originate their potential trips.
I think that locals casinos and bars/restaurants will hang in during the pre-vaccine period. Any business that depends mostly on tourists is in for the fight of their business life. Unfortunately some won't make it.
ChumpChange
ChumpChange
Joined: Jun 15, 2018
  • Threads: 25
  • Posts: 1179
Thanks for this post from:
Suited89
April 5th, 2020 at 1:17:08 AM permalink
Just wait for this virus to get into the ventilation systems of every larger building and everybody comes down with some kind of lethal Legionnaires Disease COVID-19 type.
DeMango
DeMango
Joined: Feb 2, 2010
  • Threads: 26
  • Posts: 2503
April 5th, 2020 at 10:17:47 AM permalink
Quote: ChumpChange

Just wait for this virus to get into the ventilation systems of every larger building and everybody comes down with some kind of lethal Legionnaires Disease COVID-19 type.



Wow, just wow!
When a rock is thrown into a pack of dogs, the one that yells the loudest is the one who got hit.
TigerWu
TigerWu
Joined: May 23, 2016
  • Threads: 21
  • Posts: 4022
April 5th, 2020 at 10:18:03 AM permalink
Quote: EvenBob

Vegas totally depends on people in
other countries cramming themselves
onto packed planes and then wandering
the Strip in tightly packed groups.
End of summer? Try end of 2022, if
ever.



Quote: billryan

I'll take some of whatever you are smoking.



I would bet money on this but I've said before I'm not a big prop bettor and I already have a few outstanding prop bets with members of the forum. I don't want any more.

Vegas will be fine by the end of the year. I bet 1000 Wizard bux on it.

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