User profile: vegastelecaster

Joined: April 16, 2008

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Recent Comments

Total Comments: 4 (view all)

Posted on: Gaming execs credit stimulus with saving Nevada jobs

Supply and demand is a rather simple economic concept. When we (LV) had the demand, all was fine - now we are mostly likely overbuilt by 10 or 15 thousand rooms - with more supply coming in December. Someday, a few of the old joints will close, as dip lines and credit for LV casinos isn't easy to get. Eventually, the supply will not be so out of whack, and we will get back to health. But it could easily be years, and I have spoken with few industry peers who disagree. In the meantime, the job seekers have little to cheer about.

(Suggest removal) 10/23/09 at 9 a.m.

Posted on: Las Vegas doctor, wife sentenced to prison for Botox fraud

Yep, my wife was a patient (and she thought she was a friend). Patient, friend - didn't matter much to Steve and Debbie. They only cared about the dollars and not the health of the patients. Maybe the general store at the prison will have some good stuff for them to spend the cash on - like soap on a rope.

(Suggest removal) 4/2/09 at 1:39 p.m.

Posted on: Moody's offers glum Vegas outlook

The local casinos for the most part have had to become quite competitive to survive. Promo dollars, comps, points, and room rates are generating some of the best deals in a long time. And the high end corporate properties on the Strip? I think it remains to be seen how far their powers will let them go to attract business. If they disregard rate integrity completely, it may cheapen their properties in their minds. But when the competition gets fierce and the velocity of money slows, who knows...

(Suggest removal) 6/13/08 at 12:43 p.m.

Posted on: Layoffs not driven by downturn, casino says

Socalvisitor -
Frequency of trips does make a difference to the resorts, and when business levels change, we change criterias according to availability (supply). I'm not surprised that you are getting more offers. Asside from a few command economies in the world, supply and demand often dictates who and who not to direct market efforts towards. Don't usually post to comment pages, but couldn't help stating the obvious. I'd get ready for more offers!

(Suggest removal) 4/16/08 at 3:08 p.m.

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