It's Chinese nationals, either those here for business or those visiting students/colleges.I was thinking about how strongly the theming at Encore deliberately evokes Chinese aesthetics. How much do we think that is trying to appeal to the local Asian American population and how much is trying to appeal to Chinese nationals?
Equilibria -- sounds as if due to the Wuhan Coronavirus -- not too many of either will be flying into Boston for a while at leastIt's Chinese nationals, either those here for business or those visiting students/colleges.
DZH -- just a bit off topic -- but have you ever gotten a shot showing the two really Really-Big Natural Gas fired generation units cranking a spewing a giant plume on each of the stacks
Encore Boston Harbor continues to struggle in Massachusetts. The $2.6 billion casino reported a 10 percent decline in gross gaming revenue (GGR) last month.
Casino win for Encore Boston totaled $48.57 million in January. That’s a 10 percent decline compared to December, when the casino kept $54 million.
Encore’s struggles weren’t felt at the state’s two other casino properties. MGM Springfield GGR came in just shy of $21 million, a 10.5 percent gain on December. Plainridge Park, the slots-only facility, won a little more than $11 million, which was a $1 million premium on the prior month.
Wynn projected its first-year full GGR would total $800 million. Through seven full months, casino win is at $362.5 million. Encore Boston continues to alter its operations away from the VIP towards more of the general public, the latest developments being lower table minimums and cheaper food offerings.
MGM told the state its casino would win around $34.8 million each month. Since opening in late August of 2018, the casino has never once hit even the $30 million mark. Its best month on record was its first – September 2018 – when GGR was $26.9 million.
Unless you live in another city, I think you're going to feel bad if this place closes. I've never spent a quarter on the gaming floor but value the millions in environmental cleanup, expanded paths, beautiful gardens, job creation and incentive to transform an industrial afterthought.Not gonna feel too bad for them if it tanks.
I wonder if you still stand by this?Wynn is arguably the most successful casino operator in the world. The Wynn in Vegas is the most profitable casino in the US. And Wynn's table game pricing policy is entirely in line with standard industry best practices and economic theory.
Unless you have any evidence that Wynn doesn't know what they're doing with respect to game pricing, I'll move forward under the assumption that they do.
This, not sure what they were expecting.If Massachusetts approves sports gambling the revenue should improve. I think they made some early errors with this, in particular cutting the "frills" that actually might attract more people, such as the arena-type venue. Also, what kind of casino hotel doesn't have a (huge) pool? I went once and there really wasn't much of anything to do here besides gamble or go to an expensive restaurant. I do want to return one more time to try the buffet but that's it.