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HOUSE OF PANE:
LAS VEGAS STIMULUS PACKAGE
by Joe Pane
Joe Pane is a skilled advantage blackjack player and an experienced tournament player who has won over a million dollars in blackjack tournaments. Joe has continued his overall tournament accomplishments with a recent 2nd place finish in the Las Vegas Hilton $100,000 Dice Tournament, and his multiple recent cashes in poker tournaments in the 2009 Wildhorse Resort and Casino Spring Poker Round Up held in Pendleton, Oregon, and also at Binions and Treasure Island in Las Vegas. His peers consider him to be one of the strongest and most feared blackjack tournament players on the circuit.
In the past when economic times were good, there were always multiple-casino deals and perks offered to players all over town. Now, however, with our economy being in its current state of uncertainty, you would guess that there should be even more generous perks available from casinos to try to lure the Las Vegas visitor onto their property. But, casinos always seem to do the opposite of what seems like sound business decisions. In fact, the new trend in Sin City appears to be the unwillingness by the casinos to spend money on their customers like they had been in the past where money was thrown around like Monopoly Play Money. Before this economic disaster most casinos, and their high limit pits, were doing a brisk business on every weekend in Las Vegas. Now, it seems that just about every casino on the strip is half empty, including their high limit pit which seems to have more staff than players.
I guess when the casinos had millions of dollars rolling into their pockets every day like clockwork they become spoiled almost to the extent of never believing this utopian-trend could end. But when this recession hit, they were not properly prepared to deal with the sudden downturn, both in profits, and the fact that the visitors now traveling to Las Vegas have made an adjustment as to how they will spend their money while they are here for their 3 or 4 night trip. The Monopoly Money era is over, and it may be a while before we see the return of excess spending and gambling.
For this article, I have done some research and spent hours on the phones calling casinos and their marketing departments in search of new perks and programs that are designed to lure customers back to the casinos or develop new customers in this very uncertain economic time.
The results were...
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