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Old 07-15-2019, 08:45 AM
 
563 posts, read 141,640 times
Reputation: 238

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Quote:
Originally Posted by EA View Post
I like that y'all are arguing over how effectively we can be robbed.
Until all politicians are stripped of their jobs as lifetime wards of the "state" nothing will change.
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Old 07-18-2019, 06:24 PM
 
Location: Las Vegas, NV
1,349 posts, read 1,301,145 times
Reputation: 1420
Quote:
Originally Posted by JonathanLB View Post
I cannot wait for Biden to cure cancer. My family has donated millions to breast cancer research (my mom died of it at 54), but itís good to know Biden can do what weíve had so many issues solving. What a campaign promise! It may be a small thing but besides cancer I would like free cookies for all, if itís not asking too much
He is about as likely to deliver on that as Trump is to deliver on his promise to give us a "great" health care plan. More likely, hand everything back to health insurance companies. What could possibly go wrong with allowing people with a profit motive to decide what we get?
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Old 07-19-2019, 01:27 PM
 
Location: Southern Highlands
1,375 posts, read 882,459 times
Reputation: 1180
Quote:
Trump is to deliver on his promise to give us a "great" health care plan
I missed that. Where did he promise that?
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Old 07-19-2019, 08:34 PM
 
75 posts, read 26,781 times
Reputation: 81
Quote:
Originally Posted by Cold Warrior View Post
I missed that. Where did he promise that?
https://www.reuters.com/article/us-u...-idUSKCN1R82EE
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Old 07-23-2019, 01:32 PM
 
61 posts, read 43,241 times
Reputation: 25
Quote:
Originally Posted by orca17 View Post
He is about as likely to deliver on that as Trump is to deliver on his promise to give us a "great" health care plan. More likely, hand everything back to health insurance companies. What could possibly go wrong with allowing people with a profit motive to decide what we get?
Last time I checked, we get to decide which healthcare provider we want to pay.

As for having great healthcare, last I read Trump was complaining that there were Democrats who were slowing progress down to get a new bill approved.

I'm not gonna blame Trump. I wish both political parties would set aside their differences and agree on something.
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Old 07-23-2019, 02:16 PM
 
Location: Here and there, you decide.
12,087 posts, read 23,617,328 times
Reputation: 4241
Quote:
Originally Posted by compwiz02 View Post
Last time I checked, we get to decide which healthcare provider we want to pay.

As for having great healthcare, last I read Trump was complaining that there were Democrats who were slowing progress down to get a new bill approved.

I'm not gonna blame Trump. I wish both political parties would set aside their differences and agree on something.
I agree completely

Everything is slowed down because they are trying to figure out how to impeach him, which is not going to happen. The dems are a complete waste of time
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Old 07-23-2019, 03:02 PM
 
Location: The North
5,099 posts, read 9,126,178 times
Reputation: 4077
Back to the topic at hand since political debates are an utterly useless waste of time...

So the latest stats for the year so far compared to last year are:

Strip occupancy up 0.7% (it was already high, still is at 90.3%) - this is an insane number. Virtually no other market gets 90% occupancy year round. If the city was getting "destroyed" how come this number keeps going up?

Room rates are up 3.5%. Another head scratcher for a destroyed town. LV resorts are the absolute best in the world at yield management. If demand was declining, rates would be down. If the town was getting destroyed, rates would be cratering.

Airline passenger traffic is up 3.1%. This one gets debated all the time, but passenger traffic can be for awhile inflated higher than visitor counts due to routes being used. LV has new routes that are increasing transfer traffic. However, if the town was on the path to destruction, new routes would never begin. Airlines are brutally efficient in cutting non-profitable routes. Very few flights are getting cut, but some are being added. Once again this doesn't make sense.

Lastly gaming revenue is down 4.9%. Uh oh, Vegas is getting destroyed. He's right. Oh wait, the large Strip casinos made
$2.2 billion from gaming in 2018. They made $2.0 billion in 2014. So despite bad odds, pissed off customers, no comping (as he says) and declining gaming revenue, the large Strip casinos made more money in 2018 than 2014 when everything was rosy for gaming revenue. Yep, the sky is falling.
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Old 07-23-2019, 11:21 PM
 
Location: Las Vegas, Nevada
654 posts, read 504,317 times
Reputation: 1942
Quote:
Originally Posted by Willy702 View Post
Back to the topic at hand since political debates are an utterly useless waste of time...

So the latest stats for the year so far compared to last year are:

Strip occupancy up 0.7% (it was already high, still is at 90.3%) - this is an insane number. Virtually no other market gets 90% occupancy year round. If the city was getting "destroyed" how come this number keeps going up?

Room rates are up 3.5%. Another head scratcher for a destroyed town. LV resorts are the absolute best in the world at yield management. If demand was declining, rates would be down. If the town was getting destroyed, rates would be cratering.

Airline passenger traffic is up 3.1%. This one gets debated all the time, but passenger traffic can be for awhile inflated higher than visitor counts due to routes being used. LV has new routes that are increasing transfer traffic. However, if the town was on the path to destruction, new routes would never begin. Airlines are brutally efficient in cutting non-profitable routes. Very few flights are getting cut, but some are being added. Once again this doesn't make sense.

Lastly gaming revenue is down 4.9%. Uh oh, Vegas is getting destroyed. He's right. Oh wait, the large Strip casinos made
$2.2 billion from gaming in 2018. They made $2.0 billion in 2014. So despite bad odds, pissed off customers, no comping (as he says) and declining gaming revenue, the large Strip casinos made more money in 2018 than 2014 when everything was rosy for gaming revenue. Yep, the sky is falling.

I do not think you watched the video, because he meant Las Vegas is being destroyed as the good value tourist town that it used to be. He is correct. It is changing, and not in a good way. Does anyone remember $1 Michelob's at Casino Royal? They have been that way for as long as I can remember. 5 years ago they changed it to $2. Now they are $3. This is just one example of many. From the stats you posted, it looks like tourists are still coming here just as much. They are being nickled and dimed to death so they no longer gamble as much as they used to.
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Old 07-23-2019, 11:23 PM
 
11,007 posts, read 9,404,374 times
Reputation: 6696
I know the original topic was that the changes that the gaming industry made were going to kill the gaming industry. If that was going to happen it would have already. So it likely won't (although it will be interesting to see how the Vegas gaming/tourism industry weathers the next big economic downturn. )

What will likely kill Vegas is the creeping californication. One of the things that drove a lot of the population growth in Vegas was that it was a significantly different alternative to California (and LA specifically.) Now it's rapidly turning into it. Once that process is complete, there's no real reason to live there.
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Old 07-24-2019, 03:42 AM
 
Location: Lone Mountain Las Vegas NV
13,161 posts, read 4,963,599 times
Reputation: 5806
Quote:
Originally Posted by BBMW View Post
I know the original topic was that the changes that the gaming industry made were going to kill the gaming industry. If that was going to happen it would have already. So it likely won't (although it will be interesting to see how the Vegas gaming/tourism industry weathers the next big economic downturn. )

What will likely kill Vegas is the creeping californication. One of the things that drove a lot of the population growth in Vegas was that it was a significantly different alternative to California (and LA specifically.) Now it's rapidly turning into it. Once that process is complete, there's no real reason to live there.
Silliness BBMW.

Las Vegas has always been a suburb of LA and still is. Anyone from S. CA feels at home here.

We add that Libertarian whiff to LA but it is still the familiar. And no we are not going to add an income tax. Third rail issue in NV politics.

And the strip needs to continue its evolution. Gaming remains important but is no longer dominant. That is why no more $1.00 beer. The gaming no longer is lucrative enough to cover the other cost. They need to pay for themselves.

Might be interesting to try and develop a low cost piece to the Strip. And that is happening to some extent with some of the older properties. We shall see.
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