Obamanomics is doing to my state what it's doing to the country.
Posted on 01/11/2014 1:43:43 AM PST by Zakeet
Nevada's largest casinos, still climbing out of the recession, suffered a combined net loss of $1.35 billion in 2013, marking the fifth straight year without an overall profit, state regulators reported Friday.
[Snip]
While the casinos' losses grew by 11.2 percent or $136 million, a control board analyst said much of that was tied to increased expenses.
(Excerpt) Read more at myfoxdc.com ...
Obamanomics is doing to my state what it's doing to the country.
I remember Obama telling Americans not to go to Vegas.
Efff’ casinos.
How do you lose money in casinos?
I’ve run some numbers and sports cards in my day
Only lost on big upset days when I had failed to lay off enough
I think the mega hotel business model is the issue
Most of Vegas today is for drunk kids teaming up in rooms to party...for big timers
There are so many other better serious gambling venues
A friend of mine in Northern Michigan who frequented three or four different nativehyphenamerican casinos because he hit frequently in the range of 1 to 5 hundred dollars has stopped going. His complaint is that they’ve tightened the slots up, whatever that means, and one doesn’t hit very often. He has observed that there were lots less people in the casinos recently than several years ago. I asked him if it coincided with the immaculation of maobama and he avoided answering the question. His wife is a rabid leftist who accompanied him on these gambling outings. She isn’t happy either.
Between increased competition from other states, the growth of poker rooms and legalized Internet gambling people are running out of reasons to go to either Las Vegas or Atlantic City. It would happen without a recession, unions or nitwit politicians but those three things are just speeding up the process.
Good old Harry Reid will come up with a loss compensation plan and bail them out. The demodummies seem to be very good at that.
They will soon look to expanding other newly legal entertainments. Pot will be the new riverboat gambling for the states.
Good accountants make sure they never turn a profit. Same for Hollywood films. Some of the biggest films seem to take forever to be profitable so stars with percentage of profit contracts don’t get paid. Cant say I feel sorry for any of them though.
This year, Thanks to Obama, Reid, Pelosi and the Socialistically Progressive Democrats, a much higher Health Insurance Premium and had to make a whopping Health Savings Account to cover the new massive deductibles (no more nice co-pays for us anymore).
Gee, Harry Reid, I can't AFFORD to Think About it.
It's Harry Reid's vote producing machine. Why support it?
They have a disgusting marketing campaign “What happens here, stays here”. Creepy.
Prostitution is practically in your face.
Besides the restaurants and natural beauty, it's kind of a nightmare.
The old saying was the most creative writing in Hollywood is done by accountants. Of course the agents know all this and know you never go for points on the gross but always the net.
He is correct. We last went in 2011 and in both 2010 and 2011 the slots were so tight we decided to never go back. We had gone every year since 1999.
Clark County, where Las Vegas is located, is the only county in Nevada that he carried, but it was enough to give him the state, which was reliably Republican from 1968 through 2004.
In unrelated news, some Nevada medical facilities have noticed a significant increase in the number of persons seeking treatment for crushed kneecaps and sprained elbows.
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Injuns takum scalp.
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