Revenue generated by slot machines at Connecticut’s two casinos continued a steady decline in June, down for the 12th consecutive month amid new regional competition.
https://www.courant.com/business/hc-biz-casino-revenue-tumbles-20190717-fqqnvpbbnvd4zajmhsai6rwkby-story.htmlFoxwoods Resort Casino reports it made $35.3 million in slot machine revenue last month, almost 12 percent less than the $40.1 million it kept the previous June.
Do you have a link to that project?But the Nuke (or Gas) wouldn't be *installed* near Encore and therefore would not really be a help for reliability in the core.
Nuke (and any new supply) would still have to find a route into the core. For that they *are* (we need a thread for) currently boring a new line from Horn Pond in Woburn to Everett (mostly under Winthrop St in Medford), but I don't think that future-proofs the core.
Only when the core is way closer to meeting its own Rooftop solar + Storage or maybe some Harbor wind would they allow anything in the station across from the Casino to close
That's what I am wondering, but I'm still bearish on the prospects for this Casino. There's a number of problems:I guess the question is if this is normal for a new casino?
This is the biggest issue, imo. $50 minimums on the weekend at tables is going to turn a lot of people off. They need to cut these down to $15-$25 in a lot of areas on the floor.That's what I am wondering, but I'm still bearish on the prospects for this Casino. There's a number of problems:
1. The games are too expensive and the odds suck.
2. 4am liquor last call.
3. Hotel is outrageously expensive even for Boston.
4. No pool, shitty shopping options.
1. Hard to get to.
2. In the heart of Millenial territory so it can't pull in the middle-age and older crowd that Casino's thrive on.
3. Above average educated demographics in this part of the state.
4. Scenic industrial wasteland.
This sounds a lot like "nobody goes there anymore, it's too crowded."This is the biggest issue, imo. $50 minimums on the weekend at tables is going to turn a lot of people off. They need to cut these down to $15-$25 in a lot of areas on the floor.
Yes, all the casinos do the same thing pretty much. Encore drops table prices when demand wanes. I think what was frustrating the first time I went was that there were high prices and some unstaffed tables so they simply hadn't been able to ramp up to meet demand and had unused table capacity.This sounds a lot like "nobody goes there anymore, it's too crowded."
I am sure that Wynn knows what they're doing with respect to game pricing. The reason weekend games are so expensive is because they can set minimums that high and still fill the tables. When demand drops and the tables stop filling up at $50 minimums, then the minimums drop and the tables fill up again. Basic econ 101: when demand is variable but supply/marginal cost of production is fixed, price rises and falls with demand but quantity of output stays constant.
I dont like this assumption.I am sure that Wynn knows what they're doing with respect to game pricing.