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Old 11-11-2019, 08:48 AM
 
Location: Baltimore
21,637 posts, read 12,773,959 times
Reputation: 11221
go on groupon and theres tons of hotels for $40-50 after resort fees

further more there are entire luxurious new construtction homes on airbnb in Vegas with pools, jacuzzis, patios etc. for like $500-600 a week and 4 beds..

Massachusetts/Boston is not at all competitive on this front. A spirit airline flight out to Vegas from Boston can cost you about 250 after taxes and fess round trip. Vegas is outrageously affordable thats why everyone goes there and can go there..
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Old 11-11-2019, 11:02 PM
 
2,710 posts, read 1,733,872 times
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Quote:
Originally Posted by wolfgang239 View Post
You can get a room for far less than $500/night. I just checked. When they opened or certain parts of the year? Yeah maybe it will get up that high but you are pretty far off. If you can show me how to get to Vegas for 2 people for less than $266/night next week I will definitely book it.
Have you even searched? Vegas is cheap! They make money on gambling/alcohol/food/entertainment, not hotels. People get free room comps all the time.
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Old 11-12-2019, 05:31 AM
 
Location: The Moon
1,717 posts, read 1,807,780 times
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Quote:
Originally Posted by matrix5k View Post
Have you even searched? Vegas is cheap! They make money on gambling/alcohol/food/entertainment, not hotels. People get free room comps all the time.
Yeah I did, couldn't find a 3 to 5ish day trip at a similar quality place for anywhere near the same price. Although I didn't search across the entire year, only dates I happened to find convenient.

And to be getting rooms comped you'd have to factor in quite a bit of gambling which would drastically increase your overall cost. And that would be true of Encore as well wouldn't it? I don't gamble enough to have been offered anything like that, and would prefer the 15min drive over carrying a backpack on Spirit.
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Old 11-18-2019, 11:47 AM
 
Location: Baltimore
21,637 posts, read 12,773,959 times
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https://www.google.com/travel/hotels...AxOS0xMS0xOVIA

They've got rooms going for ~$100 now.
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Old 11-22-2019, 07:31 AM
 
Location: Baltimore
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Encore dropped its $50 minimums permanently. They're now $15. They've drastically departed form their initial vision of bringing Vegas to Boston.

https://www.masslive.com/casinos/201...d-parking.html

"Encore Boston Harbor killed its $50 table game minimums and parking fees as it seeks to draw crowds beyond the high rollers.

The $2.6 billion Everett resort casino now offers $15 table game minimums and dropped its parking fees for self parking. The company also plans to roll out a tiered card system to offer rewards for a variety of players, said Brian Gullbrants, Encore’s new president.

The last thing we want to do is be a Vegas casino in Boston. We want to be a Boston casino in Boston," Gullbrants told the Massachusetts Gaming Commission Thursday morning. “We want to be Greater Boston’s hometown casino. And we want everyone to come and feel welcome and like they can have a great time there, whether they are playing or not playing.”

Add to this the $100-$140 room rates that are the new norm for them and I think Wynn sells in a few short years.The headline to this article is "We we're wrong"

“We thought we could charge for parking here in Boston, and we were wrong,” he said. “We have now made self-parking free for all guests, 24/7. We thought we could charge for some of the transportation like boats and premiums buses. We were wrong.”

https://www.google.com/search?q=enco...hrome&ie=UTF-8

^$110 seems to be the starting rate
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Old 11-22-2019, 07:46 AM
 
Location: Baltimore
21,637 posts, read 12,773,959 times
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For campirison,the slightly wealthier Washington DC Metro Area built a 1.2 billion dollar Casino called MGM National Harbor in 2016-its about 3 miles outside of DC proper.

Its room command 200-220 a night and the revenue is about 15-20% higher than Encore even as its 3 years old. Why?Because it came with free parking and lower minimums right out of the gate. It built up a very loyal local customer base that has just as much money and education as Boston. Encore just shot wayyy wayyy too high.
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Old 11-22-2019, 09:21 AM
 
Location: Providence, RI
12,870 posts, read 22,035,348 times
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Quote:
Originally Posted by BostonBornMassMade View Post
For campirison,the slightly wealthier Washington DC Metro Area built a 1.2 billion dollar Casino called MGM National Harbor in 2016-its about 3 miles outside of DC proper.

Its room command 200-220 a night and the revenue is about 15-20% higher than Encore even as its 3 years old. Why?Because it came with free parking and lower minimums right out of the gate. It built up a very loyal local customer base that has just as much money and education as Boston. Encore just shot wayyy wayyy too high.
What were the initial opening figures for MGM National Harbor vs. Encore? While I get that there's a real urge among some here to kill Encore and say "hahah told ya so!", it's really unfair to compare an established operation to one that's still less than 6 months old. I'd wager MGM National Harbor, which by the way, is far less transit accessible than Encore, didn't knock everything out of the park on day one. No reason to expect Encore to get everything right either. Luxury coaches and motor yachts are hyper expensive to operate. Things like that are the first to go when making adjustments. Room rates aren't surprising either. $110 per night during one of the slowest weeks of the year (Thanksgiving Week) for New England businesses is reasonable (MGM National Harbor is under $200 for the nights I checked next week too). Check other dates and the lowest rates (midweek in December) are around $200. Weekend Rates from $350+. It's not a "cheap" experience by any stretch and this place in this market will still have a major high end component, even if it's going to take some time to find the right balance.
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Old 11-22-2019, 09:47 AM
 
Location: Baltimore
21,637 posts, read 12,773,959 times
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https://www.wcvb.com/article/5-inves...arbor/29877238

Crime on the rise in Everett since the casino opening. 160 arrests at the casino alone.

A level two sex offender charged with “up-skirting” for taking videos of a woman on the casino floor as she was bending over at a roulette table

-- Close to 20 arrests on drug charges, including one case of trafficking crystal methamphetamine

-- An irate man who was asked to leave the casino and then threatened to shoot and kill police

-- An unattended bag left on the casino floor that contained a loaded handgun

-- Fights involving people with lengthy and violent criminal histories, including assaults with firearms

“I'm not surprised. I'm not. We anticipated there'd be some issues,” said Gayle Cameron, who sits on the Massachusetts Gaming Commission. She used to oversee casino crime investigations in Atlantic City as part of the New Jersey State Police.

“Yes, there is some criminal activity, and the bigger issue is around some drunk and disorderly behavior,” she said.


MGM national Harbor made 42 million its first three weeks open which is the best I could find, extrapolated to about 55 million its first month.

It regularly gets 58-62 million in revenue now. And for less than half the cost of what it took to build Encore... Last month Encore brought in 49 million dollars.

I want the casino to succeed but I also want it to be affordable to regular people.

Last edited by BostonBornMassMade; 11-22-2019 at 11:03 AM..
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Old 11-22-2019, 10:01 AM
 
14,022 posts, read 15,022,389 times
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Quote:
Originally Posted by BostonBornMassMade View Post
https://www.wcvb.com/article/5-inves...arbor/29877238

Crime on the rise in Everett since the casino opening. 160 arrests at the casino alone.

A level two sex offender charged with “up-skirting” for taking videos of a woman on the casino floor as she was bending over at a roulette table

-- Close to 20 arrests on drug charges, including one case of trafficking crystal methamphetamine

-- An irate man who was asked to leave the casino and then threatened to shoot and kill police

-- An unattended bag left on the casino floor that contained a loaded handgun

-- Fights involving people with lengthy and violent criminal histories, including assaults with firearms

“I'm not surprised. I'm not. We anticipated there'd be some issues,” said Gayle Cameron, who sits on the Massachusetts Gaming Commission. She used to oversee casino crime investigations in Atlantic City as part of the New Jersey State Police.

“Yes, there is some criminal activity, and the bigger issue is around some drunk and disorderly behavior,” she said.


MGM national Harbor made 42 million its first three weeks open which is the best I could find, extrapolated to about 55 million its first month.

It regularly gets 58-62 million in revenue now. And for less than half the cost of what it took to build Encore... Lats month Encore brought in 49 million dollars.

I want the casino to succeed but I also want it to be affordable to regular people.
I think the major problem with Encore is they miscalculated demand. I think they saw that X amount of people drive from Greater Boston to Mohegan Sun/Foxwoods. We can cut their market without realizing the nature of those trips.

A lot of them are not “let’s go gamble”. It’s “let’s get out of town for the weekend” and then they choose Mohegan Sun because Tracy has bad knees and can’t ski. Having a Casino in Everett doesn’t do anything for the Weekend getaway crowd because the whole point of the trip is to leave.
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Old 11-22-2019, 10:05 AM
 
Location: RI, MA, VT, WI, IL, CA, IN (that one sucked), KY
41,936 posts, read 36,962,945 times
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Quote:
Originally Posted by btownboss4 View Post
I think the major problem with Encore is they miscalculated demand. I think they saw that X amount of people drive from Greater Boston to Mohegan Sun/Foxwoods. We can cut their market without realizing the nature of those trips.

A lot of them are not “let’s go gamble”. It’s “let’s get out of town for the weekend” and then they choose Mohegan Sun because Tracy has bad knees and can’t ski. Having a Casino in Everett doesn’t do anything for the Weekend getaway crowd because the whole point of the trip is to leave.


I don't know many people interested in gambling at all. Just not my crowd. Silly waste of money. But the few that went to the places in CT for weekends were mostly doing it around the concerts. I have no interest in Encore at all, even curiosity, but I could see myself there if the right music act came through (which for me would be a throwback 80s group I didn't get to see for some reason).


You would think though their market research couldn't be that out of whack. This is pretty high stakes stuff.

Last edited by timberline742; 11-22-2019 at 10:36 AM..
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