Sheldon Adelson’s health ‘dire’ / wants to sell US properties - Page 10 - Poker News

Once again, strictly looking at the business side of things, not only are companies like MGM and Caesars (both who wanted online gaming), and Adelson's Sands Corp. missing out on the very likely increased online revenues that would have resulted from this pandemic, but they also missed out on tremendous marketing possibilities that online gaming could have brought to their currently hurting brick and mortar casinos. For example they could of had promotions offering free rooms to those who play so many hours online or to those who deposited certain amounts of monies. The possibilities would have been endless.
.,

Go on Ted, please provide your full proforma models of the economic impact of what you espouse.

To help get you started, LV Sands had $13.7 Billion in Revevues in '19 with $6.9 Billion in Gross Profit.

Please do elaborate on how your brilliant online promotion ideas would move that needle even the slightest.

11-02-2020 , 03:09 PM

#227

WateryBoil

Pooh-Bah

Join Date: Jul 2014 Posts: 5,762

Quote:

Originally Posted by executiveauto

LOL, good one. No shot any "poker player" gets off their lazy ass to do anything. A lot easier to post garbage on 2plus2. Calling for the death of a man protecting his own interests, very classy bunch.

you sicken me

11-02-2020 , 05:06 PM

#228

Well Read Ted

adept

Join Date: Aug 2013 Posts: 928

Quote:

Originally Posted by TheFly

We're talking 2020 which is a whole different ballgame from 2019 because of the virus.

One of the reasons to diversify is as a hedge against some unforeseen situation that might occur. Since the casinos couldn't diversify into a national online market for legal reasons, I believe they have missed out on the increased revenue and promotional opportunities that an online diversification would have offered. Now it looks like the Adelson's Sands wants to cut and run out of the US market now that conditions in the US have soured and they didn't diversify into such things as online.

11-02-2020 , 05:09 PM

#229

namisgr11

old hand

Join Date: Jun 2012 Posts: 1,504

Quote:

Originally Posted by Well Read Ted

Now it looks like the Adelson's Sands wants to cut and run out of the US market now that conditions in the US have soured and they didn't diversify into such things as online.

The company is making a bunch more in Macau than it is in the US market. That's how they diversified.

11-02-2020 , 05:41 PM

#230

Well Read Ted

adept

Join Date: Aug 2013 Posts: 928

Quote:

Originally Posted by namisgr11

The company is making a bunch more in Macau than it is in the US market. That's how they diversified.

Yeah, but how long before the Chinese gov't demands more of the pie.

And Macau business is also way down in spite of a recent uptick:

"...recovery in Macau has also been slow, despite China gradually lifting travel restrictions to form a travel bubble there. Visitors in early October were still down 84 percent from last year."

https://www.msn.com/en-us/money/comp...on/ar-BB1arJeh

01-12-2021 , 10:34 AM

#231

parisron

Carpal \'Tunnel

Join Date: Jan 2007 Posts: 19,780

01-12-2021 , 10:54 AM

#232

+rep_lol

banned

Join Date: Sep 2013 Posts: 14,900

hahahahahahhahahahahhaha

got to see his boy lose just before he ****ed off too

01-12-2021 , 10:57 AM

#233

EastCoastBalla

banned

Join Date: Apr 2016 Posts: 1,765

So he is dead, what happens to online poker now? He was so against it and was obviously very powerful. Now that he is gone you gotta think this will help online poker significantly but maybe I'm wrong.

01-12-2021 , 10:57 AM

#234

kerr

Pooh-Bah

Join Date: Mar 2006 Posts: 4,853

And poker is saved! Oh wait ...

01-12-2021 , 11:03 AM

#235

this_passing

소녀시대 애교 대박

Join Date: Apr 2009 Posts: 6,442

2021 has already peaked. think i'll celebrate by playing online poker in the USA =)

01-12-2021 , 11:06 AM

#236

tox_classic

enthusiast

Join Date: Jun 2018 Posts: 66

Peeps thinking that this means online poker is coming back are in for a disappointment.

01-12-2021 , 11:06 AM

#237

blitzT4M4Y0theGOAT

adept

Join Date: Nov 2014 Posts: 1,064

Looking forward to playing on GG from the states

01-12-2021 , 11:15 AM

#238

8gameisfun

grinder

Join Date: May 2016 Posts: 635

What a sad, sad day...

Just kidding, get out the champagne!

01-12-2021 , 11:32 AM

#239

madlex

Carpal \'Tunnel

Join Date: Jan 2009 Posts: 17,459

Here's a thread about his passing:
https://forumserver.twoplustwo.com/2...-87-a-1784623/

I'll lock that one here. Maybe we'll reopen when something actually happens to his properties.

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