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Coronavirus & Vegas, and now Real Estate Coronavirus & Vegas, and now Real Estate

03-14-2020 , 03:47 PM
Coronavirus & Vegas, and now Real Estate Quote
03-14-2020 , 05:06 PM
The Wynn poker room, race and sports book are closing as of Sunday morning. Not like you need a sports book when there are no sports.
Coronavirus & Vegas, and now Real Estate Quote
03-14-2020 , 05:45 PM
Parx Casino announced closure.
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03-14-2020 , 06:10 PM
Quote:
Originally Posted by CactusJack
One was Euro and didn't ever talk so I know nothing about him. He kept coughing in his hand. A dealer eventually brought him a box of tissue and said something to him. I saw him a couple more times and he was coughing continuously. The day before I left I got seated by him. Played 10 minutes and was so tilted I just left.

The other guy just kept coughing into the air. He owned a restaurant in town, apparently. He talked about how hard it was finding competent staff, all the while just oblivious to the fact that he was continuously spreading germs to everyone in the room.

I guess I saw these guys 6 or 7 times. Just couldn't handle it and bailed.

I have been home for 3 weeks. So far I'm ok, but was somewhat freaked out. Self quarantined myself from some elderly family members to be safe.

It's just sad that even intelligent people can be so oblivious. I'm probably stupid for even making the trip in the first place.
The world is full of ***holes. The bad thing is, once an ***hole, always an ***hole.
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03-14-2020 , 07:04 PM
Quote:
Originally Posted by CactusJack
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It's just sad that even intelligent people can be so oblivious. I'm probably stupid for even making the trip in the first place.
Poker players are only intelligent in the sense that they know how to calculate their equity on a flush draw. Most of them have the emotional intelligence of an 8yo.



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03-14-2020 , 10:01 PM
Quote:
Originally Posted by macktyson
I'm coming in for 2 weeks that same day, I am confident it will be business as usual by then.
It's likely to get much worse before it gets better. You have quite an optimistic view because even if it is getting better at that time I can't imagine many people will be jumping to go to Vegas immediately. Hotel prices should be in your favor if you rebook a week before your trip.

Quote:
Originally Posted by that_pope
Never been there but I always assumed it was a disgusting cesspool.
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03-14-2020 , 11:02 PM
Slot tournament at Red Rock today had 600 runners, which IIRC is about the usual. Locals don't appear to be fazed thus far.
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03-14-2020 , 11:23 PM
Quote:
Originally Posted by Dream Crusher
It's likely to get much worse before it gets better. You have quite an optimistic view because even if it is getting better at that time I can't imagine many people will be jumping to go to Vegas immediately. Hotel prices should be in your favor if you rebook a week before your trip.



Never been there but I always assumed it was a disgusting cesspool.
It's a total cesspool
They have a sign that says no spitting (they use a different word for spitting) presumably because players spit at each other and at dealers
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03-14-2020 , 11:31 PM
Quote:
Originally Posted by Smudger2408
Illinois shut down casinos. Wynn shut down sportsbook. MGM shut down nightclubs.

Full Vegas casino shutdowns are short time away.
That depends on operating cost versus slot revenues projections ... I expect a place like OSheas or the D could stay open. Some. like TI could afford to stay open if allowed by the State.

I will be surprised if the slot joints like Klondike, Dotty's or Jackpot Joanie's close.
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03-15-2020 , 02:10 AM
Quote:
Originally Posted by Guy Incognito
Slot tournament at Red Rock today had 600 runners, which IIRC is about the usual. Locals don't appear to be fazed thus far.
The Orleans Poker Room was practically full around 3 PM earlier today. Ofc about 1/2 of those degenerates never leave the room, so that should lower the rate of Coronavirus infection by 50%, yes?
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03-15-2020 , 04:59 AM
1) How is CV going to affect the vegas poker economy in the long-term? I suspect many of the smaller rooms will not be able to withstand the financial hit and will close down for good.

2) Are the games more reg-heavy/less touristy?

3) Is CV going to be the final blow for some of the more marginal regs who were living month-to-month? once all of the rooms shut down they are not going to be getting paid sick leave like the service workers will. since WSOP likely not happening this year either does this cause them to finally hang it up for good?
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03-15-2020 , 08:25 AM
Quote:
Originally Posted by Hellmuth was right
1) How is CV going to affect the vegas poker economy in the long-term? I suspect many of the smaller rooms will not be able to withstand the financial hit and will close down for good.



2) Are the games more reg-heavy/less touristy?



3) Is CV going to be the final blow for some of the more marginal regs who were living month-to-month? once all of the rooms shut down they are not going to be getting paid sick leave like the service workers will. since WSOP likely not happening this year either does this cause them to finally hang it up for good?


This is going to be very reminiscent of 2008/2009. Once the recovery (globally) begins in earnest you’re going to see a reduced “normal”. With a slower economy the definition of a whale is going to change. Comp structures will be re-visited - in the sense that they’ll be more generous to big spenders and gamblers.

Casinos have already marginalized poker players and the best you really get is reduced room rates, so they aren’t really likely to change that attitude much.

The biggest hit has to be with the recs. You need a healthy supply of casual tourists ready to drop $1k on poker over a few days and come back every year. A slower economy means fewer of those, which means more and more regs playing against each other, which means more and more regs leaving the game.

You’ll see some poker rooms close.


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03-15-2020 , 09:22 AM
The government does not want people near each other.

Pennsylvania shut down the liquor stores in effected counties today.

Guessing everyting reopens mid MAY
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03-15-2020 , 10:15 AM
Quote:
Originally Posted by Smudger2408
Pennsylvania shut down the liquor stores in effected counties today.
They shut them down starting Tuesday, which means it was crazy at the stores yesterday after the announcement. Very smart to bring a bunch of people together standing in line for an hour to checkout.
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03-15-2020 , 11:28 AM
Seeing empty grocery store shelves today, which unlike yesterday, store offerings were not refilled. Walmart was packed at 6:00 am.

Unlike what was reported in Pennsylvania, liquor stores in Nevada will not be closed and grocery stores here sell liquor as well. It is considered one of the basic food groups. Nor are marijuana dispensaries likely to close.
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03-15-2020 , 11:45 AM
All Walmart's now shutting down at 11pm to 6am for cleaning and restocking.

Hopefully they fixed there delivery system that didn't have a problem but has since mass buying. Will get my order tomorrow, hope its all there.
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03-15-2020 , 12:32 PM
Wynn/Encore just announced that they are closing the poker room until further notice. Meanwhile room rates are at an all time low, you can get Excalibur rooms for $8 (!!!!) and Bellagio / Aria are down to $40 per night.
Coronavirus & Vegas, and now Real Estate Quote
03-15-2020 , 01:56 PM
Quote:
Originally Posted by Hellmuth was right
3) Is CV going to be the final blow for some of the more marginal regs who were living month-to-month? once all of the rooms shut down they are not going to be getting paid sick leave like the service workers will. since WSOP likely not happening this year either does this cause them to finally hang it up for good?
I was thinking the same thing. Marginal regs, as well as regs doing decent but who are finding the grind a drag, still have to pay the rent and other expenses. If the action dies down for a few months, they will have to get a job to get by and may never return to the grind. Medical and sick leave benefits will suddenly seem like more of a necessity and take its toll on their priorities, too, as well as realizing the tourists will return to full levels gradually over time making the games less lucrative for several months. Finding a job will not be easy, and many of the regs who are so inclined may return to the various parts of the world/country they originally emigrated/migrated from, or to another area where jobs are available.

I think MangoPort is right about there being a new normal, at least for several months.

I also think those areas with online poker will see somewhat of a boom, and those games will get better. Not from tourists, but from marginal regs who haven't been playing online.
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03-15-2020 , 02:10 PM
Quote:
Originally Posted by MuckPls
Wynn/Encore just announced that they are closing the poker room until further notice. Meanwhile room rates are at an all time low, you can get Excalibur rooms for $8 (!!!!) and Bellagio / Aria are down to $40 per night.
Yeah, I was looking at the possibility of a quick cheap trip (smartly or unsmartly), but the properties are all still charging their full resort fees (so the $15 rooms still had a $40 resort fee added on). And the MGM properties are closing all pool day clubs, night clubs, spas and gyms--all while charging full "resort fees" even though these "resort" amenities are closed. For some reason that really irked me to the point of potentially tipping my thought process towards not going and spending my money in Vegas. I understand that $120 swing (for three days) one way or the other shouldn't matter for a Vegas trip, but I'd essentially be paying MGM an extra $120 in ridiculous resort fees for absolutely nothing, which bothers me.
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03-15-2020 , 02:14 PM
Quote:
Originally Posted by Gzesh
Seeing empty grocery store shelves today, which unlike yesterday, store offerings were not refilled. Walmart was packed at 6:00 am.

Unlike what was reported in Pennsylvania, liquor stores in Nevada will not be closed and grocery stores here sell liquor as well. It is considered one of the basic food groups. Nor are marijuana dispensaries likely to close.
Fwiw, the Smith's I went to later this morning was much better stocked for many common items.
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03-15-2020 , 02:17 PM
Quote:
Originally Posted by Sportsfanx1
Yeah, I was looking at the possibility of a quick cheap trip (smartly or unsmartly), but the properties are all still charging their full resort fees (so the $15 rooms still had a $40 resort fee added on). And the MGM properties are closing all pool day clubs, night clubs, spas and gyms--all while charging full "resort fees" even though these "resort" amenities are closed. For some reason that really irked me to the point of potentially tipping my thought process towards not going and spending my money in Vegas. I understand that $120 swing (for three days) one way or the other shouldn't matter for a Vegas trip, but I'd essentially be paying MGM an extra $120 in ridiculous resort fees for absolutely nothing, which bothers me.
You have exposed the lie of "resort fees" as anything more than defacto room rates the hotels don't split with marketing companies.

Your $15 room is $55, nothing more or less. Amenities have nothing to do with it.....
Coronavirus & Vegas, and now Real Estate Quote
03-15-2020 , 02:28 PM
Quote:
Originally Posted by Sportsfanx1
Yeah, I was looking at the possibility of a quick cheap trip (smartly or unsmartly), but the properties are all still charging their full resort fees (so the $15 rooms still had a $40 resort fee added on). And the MGM properties are closing all pool day clubs, night clubs, spas and gyms--all while charging full "resort fees" even though these "resort" amenities are closed. For some reason that really irked me to the point of potentially tipping my thought process towards not going and spending my money in Vegas. I understand that $120 swing (for three days) one way or the other shouldn't matter for a Vegas trip, but I'd essentially be paying MGM an extra $120 in ridiculous resort fees for absolutely nothing, which bothers me.
I really hate this tbh, I have never used anything but the crappy wifi at hotels. I absolutely hate pools, I don't really go to the gym because yeah, Vegas, and still they charge me for it. Was ok during peak season, but feel no reason to pay it now. Not that I am actually going or anything...

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03-15-2020 , 03:02 PM
supposedly orelans at like 20 tables of OOMaha type action running last night
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03-15-2020 , 03:09 PM
Quote:
Originally Posted by MuckPls
Wynn/Encore just announced that they are closing the poker room until further notice. Meanwhile room rates are at an all time low, you can get Excalibur rooms for $8 (!!!!) and Bellagio / Aria are down to $40 per night.
Plus resort fees.
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03-15-2020 , 04:41 PM
Quote:
Originally Posted by that_pope
Plus resort fees.
Yes, plus resort fees, but still sick with high-end properties. I wonder what it will be like if it continues like this, how much it will go down...

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