http://www.vegasinc.com/news/2012/ma...g-1st-quarter/
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Table game drop, or the amount wagered, jumped from $9.8 million to $22.1 million, thanks to an initiative to market Asian-style games such as baccarat and pai gow. But the percentage won by the casino tables fell from 20.6 percent to 7.9 percent.
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20.6% of $9.8M is $2.02M, while 7.9% of $22.1M is $1.75M. Work harder to earn less.
But if that fills hotel rooms, sells F&B, puts butts in showroom seats, and probably most importantly generates return business, maybe it'll work out for 'em.
Quote:
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Room revenue fell 2.5 percent as the average daily room rate fell $4.16 from the $62.40 reported in the 2011 quarter.
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Hmmm... not working out so far, but the fat lady hasn't sung.