I was told not to come back, is that serious?

Did you hit any jackpots? Did you get a great comp? We all want to know!
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olds442jetaway
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Re: I was told not to come back, is that serious?

Post by olds442jetaway »

For more than 20 maybe 25 years I have been playing with hard-core video poker players at Mohegan son. In 2011 when they quit paying points on the 99% games more than half of them left. As pay tables continue to erode More players left and now there are just a handful of the diehards me being one of them. I haven’t checked to verify this but I was told that their revenue is way off for the most recent Reporting preiod. Video poker players leave a lot of money at the casino and the more hours they put in including myself more money is left there. The younger set seems more intent clubbing and drinking and much less playing. I’m not sure what the gaming future for casinos will be once the senior crowd is gone. From what I can see it is not being replaced with regulars from those approaching middle-age. They are just finding other things to do

olds442jetaway
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Post by olds442jetaway »

I just looked it up it looks like Mohegan son lost 4% for 2018. Considering the economy is pretty strong that is not good news. Now that interest rates are rising home sales and prices will fall that could put an even greater damper on things

Carcounter
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Post by Carcounter »

Yeah, there used to be a group of AP's in Atlantic City years ago, prior to the recession, when there were positive games. I haven't seen them for years. Wonder if they moved to Nevada or just found other oppurtunities.

FloridaPhil
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Post by FloridaPhil »

olds442jetaway wrote:
Mon Dec 10, 2018 8:04 pm
The younger set seems more intent clubbing and drinking and much less playing. I’m not sure what the gaming future for casinos will be once the senior crowd is gone.
Casino gambling will always be popular with seniors. The reason is simple. Casino gambling is one of the few entertainment options available that you can enjoy no matter what your limitations. Seniors have a lot of time on their hands and want to fill it with interesting and challenging activities. They also enjoy the casino to visit with friends. The nickle VP machines in our casinos are so full it's very difficult to get a seat. The high limit rooms are empty.

In my view it would be more profitable to build a lot of small local casinos than mega casinos like the Mohegan Sun.

Chicagoan
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Post by Chicagoan »

Commenting on 2 of Olds442jetaway's posts:

1. Very rare for me to see a younger person playing VP at a casino. They mostly seem to migrate to the table games, and some of them play slots. I think maybe in 20 years I have seen someone younger than 30 playing VP perhaps twice.

2. Old's comment on the 1958-era lawnmower raises a point with modern manufacturing. That 1958-era mower is kept running by Olds because it was a quality machine in the first place. If you take its retail price in the 1958-era and translate that to today's dollars and then buy a mower of equal value, you have junk, with plastic parts in the engine and carb. To get a high quality mower, pressure washer, weed eater, compressor. etc etc etc today, you must pay considerably more (translated to 1958-era dollars) than you would have paid back then. Good, high quality brands of the 1958-era today have their lower lines manufactured offshore (China, Asia, etc) and the only way you are going to get a machine of the same quality as Old's 1958-era mower is to buy a much more expensive American-made brand with good parts. Or a commercial quality mower, etc. If we truly want to Make America Great Again, then we need American manufacturers who have the financial incentive to produce high quality, dependable brands in ALL price ranges. Not just lawn equipment, but cars, appliances, everything. As long as American manufacturers are forced to sell (because of unfair offshore competition) cheaply made lower lines, you will always pay much more for a quality product. I do not agree with many of Trump's programs, but I totally agree that protectionism for American manufacturers AND American consumers is way past due!

billryan
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Post by billryan »

There isn't much future for a company that makes a product so well that everyone buys it once.
How'd you like to be a salesman for a product with no repeat buyers?

Chicagoan
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Post by Chicagoan »

Or a salesman for a product that is so crappy that no one ever buys another one. Same difference, I guess. So I'll let the salesman starve and buy the quality product...once.

olds442jetaway
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Post by olds442jetaway »

I looked at that mower today. There is not one plastic part than can melt, crack, or deform. We have become a throw away society and are polluting the planet with plastic. That said, i know the factories of old did their share of polluting groundwater. I used to enjoy fixing things that were made well. I remember the neighbor that tossed the mower out in 1958. He tossed it because he ran it low on oil and it seized. After i soaked it with penetrating oil, marvel mystery oil, and tapping the piston lightly through the spark plug hole with a wooden dowel, it freed up, started, and ran like a top without even smoking. Try that with even todays b & s engine which are still decent. Forget about it.

olds442jetaway
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Post by olds442jetaway »

Most people today dont even know how to check their own oil in their cars or mowers. Especially in the Northeast metro areas.

Tedlark
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Post by Tedlark »

billryan wrote:
Tue Dec 11, 2018 11:25 am
There isn't much future for a company that makes a product so well that everyone buys it once.
How'd you like to be a salesman for a product with no repeat buyers?

A casket salesman?

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