Thanks:)
pesach kremen <royalflush2222@
caplatinum <belairgold@aol.
>
> > caplatinum wrote: ... final say is at corporate ...
>
> There seems to be a big push at Station (at least at GVR)to cut
costs.
> Besides the cuts in comps there have been staff layoffs, cutbacks
in
> the buffet like the charging for the crab legs and eliminating some
of
> the more costly items, reducing the size of the wine glasses for
the
> wine brought to slot players, switching from Red Bull to SoBe,
> reductions in slot tournament invitations, etc. Could they possibly
be
> trying to inflate profits short term for a possible sale? The way
they
> are treating their customers is certainly not going to help their
> profits long term.
>
They were just sold that is the problem. They took themselves private
by taking on a lot of debt. They agreed to this deal when the economy
was better, so now that have a lot more interest payments and a
slowing economy and they are feeling squeezed. If you are correct and
you vote with your feet, their cuts will lead to even less revenue
and less profits and they may end up in default. What they are trying
to do is see what they can get away with - if people keep coming
despite the cuts they make more money. Apparently, from your comments
you are still playing there, so the cuts are working for them
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