$200 per night? I spent 9 days in Vegas for $211 including taxes.
In March I spent 3 nights at Wynn for free including $100 of slot credit. After running the slot money through the video poker machine, I cashed out for $90.
Only action they received was in the poker room which is not the type of margins they are looking for.
On Jul 10 08:48 AM TCK wrote:
> After living in Las Vegas for over 5 years, I think I can say that > the business model has failed. Over priced rooms and meals combined > with horrible games is a bad strategy for success. > > Their only minor achievement has been to convince the tourist that > $100 per night for a room is now a "good deal ".
Shorting Las Vegas [View article]
In March I spent 3 nights at Wynn for free including $100 of slot credit. After running the slot money through the video poker machine, I cashed out for $90.
Only action they received was in the poker room which is not the type of margins they are looking for.
On Jul 10 08:48 AM TCK wrote:
> After living in Las Vegas for over 5 years, I think I can say that
> the business model has failed. Over priced rooms and meals combined
> with horrible games is a bad strategy for success.
>
> Their only minor achievement has been to convince the tourist that
> $100 per night for a room is now a "good deal ".