Quote:
Originally Posted by Sect7G
I have to agree with a lot of what's said here.
For the record I did predict a 15% cut to SNE's and it's only 5% but I fear next years cuts will be much more. People instinctively don't like change so I'd say the cuts will be fazed over a 3 year period, this being the first.
I looked at a poker scout graph showing the decline for cash games year over year on Stars so it's clear that Stars is not making as much as they used to. To compensate for the reduced revenue they are trying to make a higher percentage from each deposit. By doing this they alienate regs and they end up with smaller player pools and then have to repeat this process over again. It's a losing cycle for both Stars and players.
Something needs to change and marketing to non poker players is the only way for the current trends to change. When Stars is doing well through natural growth so will winning players. When Stars tries to gain a higher percentage of deposits at the expense of regs they do well in the short run but will also lose in the long run.
To be fair, the VIP program has been consistently trimmed over the last few years in correlation with Stars gaining market share, wanting to cut costs and having a following for SNE which doesnt need a bonanza to keep people interested. In the last 3-4 years the following has changed:
- $20k bonus only instead of 2x packages worth substantially more, replaces with discount SNE packages instead
- no added seat FPP events for SN/SNEs, which used to carry quite a lot of value and overlays.
- Removal of BOP shootout
- Removal of WCOOP ticket
The common theme here is that none of these changes are to integral parts of the program such as multipliers or milestones. Stars are smart enough to know how to lower expectations so that people are happy with modest cuts, so I hope the 2016 changes would be consistent with that since they said there was going to be a substantial review this year as well. WCOOP ticket represents about 4% to an SNE and is delayed, so hopefully next years substaintial change might only be something like removing BOP, which is another 3-4% but has never been promoted well at all and is probably surplus to requirements with spin and gos. As with most things though, its always good to have a backup plan just in case ;-)