TDVegas
TDVegas
Joined: Oct 30, 2018
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April 19th, 2020 at 12:17:56 PM permalink
Quote: onenickelmiracle

I think I'm getting ready to try shorting one more time. Once the general public realizes this is how reality is going to be, they're going to sell like hell. Being in a casino is going to be like being in a graveyard. They cannot possibly even make any money this way.


They have to start somewhere. They might get 10% of normal volume and lose more money staying open rather than close. Again, the same limited volume would likely happen even if they opened 9 months from now.

I assume this is going to be an evolving "guideline" situation as things ramp up, better treatments become available and or we see a total diminishing of new cases.

I applaud the effort to at least get it moving.....even if 10%.

There will be a lot of unhappy people with these new guidelines...as my old man would say "tough s***.

IMO, better to have something with restrictions rather than nothing at all.

Starting gives us benchmarks (changes back to normal) to shoot for.
TomG
TomG
Joined: Sep 26, 2010
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April 19th, 2020 at 12:21:06 PM permalink
Quote: SOOPOO

I'm not saying they won't do it. I'm saying it is a failed business model. In a bank of 6 tables that used to have 36 gamblers, now will only have 9?
You didn't mention it, but I'll guess there are similar restrictions for slots.
After waiting 15 minutes for an elevator, you think you are going to want to come back? Pool too crowded, no pool for you! Restaurant table.... hah!



Nine people playing table games is a lot better than the zero they have right now. There are not going to be people clamoring to get on planes and go on vacation during a pandemic, right after their jobs start coming back after two months off. My guess is that with no interventions, the pools and restaurants and hotels will be fairly empty. This is just a way to try to stop the customers who do come in from spreading diseases.
billryan
billryan
Joined: Nov 2, 2009
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April 19th, 2020 at 12:40:41 PM permalink
6 x 3=18 Cutting tables by half should be fine since patrons will be greatly reduced when they open.
billryan
billryan
Joined: Nov 2, 2009
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April 19th, 2020 at 12:41:08 PM permalink
6 x 3=18
Cutting tables by half should be fine since patrons will be greatly reduced when they open.
ams288
ams288
Joined: Sep 26, 2012
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April 19th, 2020 at 1:08:39 PM permalink


Nothing about what they’ll do for games where players touch the cards...
Ding Dong the Witch is Dead
SOOPOO
SOOPOO
Joined: Aug 8, 2010
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April 19th, 2020 at 1:15:58 PM permalink
Quote: billryan

6 x 3=18
Cutting tables by half should be fine since patrons will be greatly reduced when they open.



You missed the part about only open half of all tables. That's only 9 seats for a bank of 6 tables.

Remember, a table full of patrons, whether 3 or 6, requires a full dealer.
A bank of tables, whether 6 or 3, requires a full pit boss. The security guard at the entrance gets paid the same whether 1000 patrons enter or 250. The mortgage on the property is the same whether they have 1000 gamblers or 250. The accountant doesn't charge the casino less.

Imagine if there never was a coronavirus outbreak. And some bureaucrat decided to do what is now being proposed. You don't think there would be unanimity in the conclusion that the casinos could not survive under these rules?
ams288
ams288
Joined: Sep 26, 2012
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April 19th, 2020 at 1:40:37 PM permalink
Quote: SOOPOO

You missed the part about only open half of all tables. That's only 9 seats for a bank of 6 tables.

Remember, a table full of patrons, whether 3 or 6, requires a full dealer.
A bank of tables, whether 6 or 3, requires a full pit boss. The security guard at the entrance gets paid the same whether 1000 patrons enter or 250. The mortgage on the property is the same whether they have 1000 gamblers or 250. The accountant doesn't charge the casino less.

Imagine if there never was a coronavirus outbreak. And some bureaucrat decided to do what is now being proposed. You don't think there would be unanimity in the conclusion that the casinos could not survive under these rules?



Again, still more profitable than spending $3M a day on payroll while they’re closed down.

These are obviously not meant to be permanent changes. Just some initial drastic measures to be able to get the doors open again.

Quote:

4. Assuming in mid- to late-May we are still in line with the benchmarks, slowly begin to reopen the Las Vegas strip with extensive safety measures in place.

5. Monitor the data every day. If we need to, marginally pull back or move forward.

Ding Dong the Witch is Dead
billryan
billryan
Joined: Nov 2, 2009
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April 19th, 2020 at 2:01:55 PM permalink
Quote: SOOPOO

You missed the part about only open half of all tables. That's only 9 seats for a bank of 6 tables.

Remember, a table full of patrons, whether 3 or 6, requires a full dealer.
A bank of tables, whether 6 or 3, requires a full pit boss. The security guard at the entrance gets paid the same whether 1000 patrons enter or 250. The mortgage on the property is the same whether they have 1000 gamblers or 250. The accountant doesn't charge the casino less.

Imagine if there never was a coronavirus outbreak. And some bureaucrat decided to do what is now being proposed. You don't think there would be unanimity in the conclusion that the casinos could not survive under these rules?



I did miss the tables being halved, as well as the seats. I wonder if it would be cheaper to enclose each machine in its own pod. That way you don't need lose half your machines. Put two or three former valets on each bank wiping it down after every client. I would think that is a better solution than losing half of your slot revenue. It need not be fancy, just sheets of plexiglass, like glorified sneeze guard
billryan
billryan
Joined: Nov 2, 2009
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April 19th, 2020 at 2:12:14 PM permalink
Maybe they will let everyone play two hands.
ChumpChange
ChumpChange
Joined: Jun 15, 2018
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April 19th, 2020 at 4:03:04 PM permalink
If the tables are far enough apart, there's no reason to go every other table. Tables seem far apart at my local casino. 3-4 players instead of 7. They could open more tables with more dealers. Local casino really doesn't like to have many tables open to begin with, like hardly any and they've always got far too many empty tables. Craps table could have 3-4 players on a side. They could open 6 craps tables instead of 2. Have to wear gloves to handle chips. N95 masks required.

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