Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Nevada > Las Vegas
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 12-03-2014, 10:16 PM
 
15,789 posts, read 14,397,670 times
Reputation: 11836

Advertisements

Yes, I know the poker room is the zit on the a$$ of the casino. I didn't know table game players weren't well thought of.

As far as hords of mindless slot players, yeah, that I don't know about. I know ere are a large number of casino busses heading out from Manhattan for all the casinos in neighboring states. These people are likely slot players. I don't know what their disposable income is like.

I don't know what end of the business your in. I assume you work for one of the major casino companies. If you were in a position to do so, it would be interesting to run a reporter from your player rating database, and get a count of top rated players by zip code in the NY metro area. I wonder what the top zip codes would be.
Reply With Quote Quick reply to this message

 
Old 12-04-2014, 08:09 AM
 
Location: Henderson, NV
5,314 posts, read 7,761,820 times
Reputation: 3568
I was a dealer at Foxwoods in CT a few years ago. At their height, there were 150 buses PER DAY coming up from New York City. It seems there is a demand, but curious to see how the politics play out.

I do know that Mohegan was very smart with their casino acquisitions and placement. CT, Poconos, and now AC.. a triangle around the city...
Reply With Quote Quick reply to this message
 
Old 12-04-2014, 08:53 AM
 
15,789 posts, read 14,397,670 times
Reputation: 11836
Raiderman's post reminded me of another reason that a Manhattan casino makes sense. The entire, very extensive transit system of the NY Metro area is a hub and spoke centering on Manhattan. One of the major hubs of this is Pennsylvania Station, which is nearby to the place on Manhattan's west side where I'd put the casino. The Long Island Railroad, Metro North railroad (serving Westchester County and southwestern CT), NJ Transit, and several subway lines all feed into Penn Station. A casino near there can leverage this as a huge advantage. A suburban casino can't. Even if it's near a train line, it's not going to be in the center of the network.

If the thinking is that they need hordes of mindless slot players to make a casino work, the transit network can feed them in for fifty miles in pretty much any direction. For years, the AC casino subsidized the bus transportation down there. Whatever casino company might build a Manhattan casino could cut deals with the MTA and NJ Transit for some sort of package deal/discount. The transit agencies would love this, to fill otherwise empty seats on off peak trains.
Reply With Quote Quick reply to this message
 
Old 12-04-2014, 09:06 AM
 
Location: In the Silver State of Nevada in Las Vegas NV
1,062 posts, read 1,803,608 times
Reputation: 925
In the mean time Las Vegas attracts more tourist here for more than just slot playing our convention business grows our local population increases with more retirees from the East and others moving here to work and OH! we still draw a huge bunch of people from the 10 million people called LA and they do not bus it in. OH well only 250,000 people in town this week for the NRF.
Reply With Quote Quick reply to this message
 
Old 12-04-2014, 02:59 PM
 
6,375 posts, read 11,831,452 times
Reputation: 6812
Transit access sounds great to non-casino people, but 100% of casino managers will tell you if they had a choice between being next to the busiest train/subway station in town or next to a large parking garage, they will go with the garage every time. Premium casino customers (almost all slot players) come by car. The lack of parking is a big detriment to a casino serving mostly locals. New Orleans is a good example of this, large land based Harrahs right next to the French Quarter couldn't come near its expectations because there is almost no free parking nearby and the flood of tourist play never materialized. Modest riverboats out in the suburbs in non-descript suburban neighborhoods made twice as much per machine and three times as much per table. The local players who make a casino work voted with their cars to stay out of the city.
Reply With Quote Quick reply to this message
 
Old 12-05-2014, 09:50 AM
 
15,789 posts, read 14,397,670 times
Reputation: 11836
^
Okay, I kind of get this. I don't know how applicable to NY Metro it is.

I've been to Harrah's NO. I think the issue there is, AFAIK, NO doesn't have much of a transit system (I don't count the ST. Charles Ave street car.) If you can't drive in, getting there is not so easy. Tourists can walk from the French Quarter. But as you say, that's not the market they're looking for.

I think the difference is that Manhattan has a very well developed and well used transit system. 1.6 million people a day commute in and out of Manhattan. The vast majority of these commuters use the transit system (even the high net worth ones.) This is a huge pool of people churning in and out, that a Manhattan casino can tap into. And yes, you can put a casino out in the boroughs and/or 'burbs where they live. But by the time they get there, they're going to be an hour and a half more tired, and less inclined to go play. And you're also going to have to build several casinos to cover the area (in a market with very limited licenses.) Also in the end, this does nothing for people in the core of NYC, who themselves are a very viable market.

I also think part of the problem here is the current crop of senior gaming executive. They largely came up through LV and AC, maybe some with the midwestern/southern riverboats and casino, etc.. I don't think most really know their way around the huge eastern metropolitan areas. Most of the places they came up through are autocentric. So they tend to think of their better players as drivers. How many active casino markets in this country actually have worthwhile mass transit systems?

I have to think the NYC Metropolitan transit system (not just the local system) is a huge asset a casino could leverage, if they could figure out how to market to it's users.
Reply With Quote Quick reply to this message
 
Old 12-05-2014, 10:18 AM
 
2,180 posts, read 4,525,812 times
Reputation: 1087
why are we talking about this as if it's news... this group already runs operations in NY
Reply With Quote Quick reply to this message
 
Old 12-05-2014, 10:18 PM
 
Location: Here and there, you decide.
12,908 posts, read 27,915,047 times
Reputation: 5051
plus Vegas has something NY doesn't…. WEATHER and i believe 300 or so sunny days….plus the 40 million or so are through McCarran. How many drive in from Cali??
Reply With Quote Quick reply to this message
 
Old 12-06-2014, 01:42 PM
 
15,789 posts, read 14,397,670 times
Reputation: 11836
^
I'm not talking about Vegas vs Manhattan as a tourist destination. Even with a casino, Manhattan wouldn't wouldn't compete with Vegas as a destination for gamblers. My point is that a casino in Manhattan would be a very lucrative way of leveraging Manhattan's existing base of locals, commuters, and tourists. My real point is a casino in Manhattan vs a casino in the 'burbs.

Also, the original point of this thread was that building a casino in NYS (not NYC any time soon) would have the effect of delaying the restart of what was Eschelon, not Resorts World. From that standpoint, I can't say yet another casino in LV would be more lucrative than the first full service casino anywhere near the NY metro area (which is what a lot of the bidders seem to be aiming at.)
Reply With Quote Quick reply to this message
 
Old 12-06-2014, 01:43 PM
 
15,789 posts, read 14,397,670 times
Reputation: 11836
What news and what group? Most of what the two of us have been discussing is pretty theoretical at this point.

Quote:
Originally Posted by MSchu View Post
why are we talking about this as if it's news... this group already runs operations in NY
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Nevada > Las Vegas
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top