User profile: socalvisitor

Joined: April 16, 2008

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Total Comments: 2 (view all)

Posted on: Layoffs not driven by downturn, casino says

Hotmess...
A yes... True, $2k doesn't mean much. But when I come up there 12-15 times per year, it means something. Further, if you are so smart, why is it that Circus Circus paid for the building of what makes up Las Vegas today? It doesn't get any more humble/simple than that. Even I don't hang out there.

(Suggest removal) 4/16/08 at 12:11 p.m.

Posted on: Layoffs not driven by downturn, casino says

First of all, I would like to say, these moves are consistent with corporate merge and restructure. That being said, let’s not diminish the fact that the economy is suffering and I know for a fact that MGM and others alike are seeing a significant slowdown. I work in investments and track these companies, just take a peak at their stock prices. All gains from the previous twelve months have been essentially lost.

That put to the side, here’s how I know the casino’s are in a frenzied state. I live and work in Southern California and am one of the many who keep Vegas alive. For many years I would receive great promotions and invites but I notice this happened less and less and the expense grew to a point where it really didn’t seem appealing anymore.

Now, all of a sudden, I’m getting offers daily. What happened in this short time span to make me a valued guest again? I can only guess it’s a desperate need to fill these rooms. But what I don’t see is a drastic decrease in prices for these rooms. Many rooms are still well above their rates from two years ago. Thus, it appears management has chosen to cut costs rather than lower prices. I can only assume this is a move management has instilled to create a facade that their product is recession proof and still in high demand. Who knows, this may prove to be viable. For me, I choose to disregard their offers. Consumers aren’t stupid. We know when we’re not appreciated. If I only spend $2000 a weekend then I’m just not a valued customer.

(Suggest removal) 4/16/08 at 7:50 a.m.

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