What I meant was a larger "local" customer base. The future for LV is a
shrinking or stagnant customer base as out-of-towners are siphoned off by
casinos closer to where they live. In LV, the locals casinos can expand the
absolute numbers of customers in their service area when competitors go out of
business & stay out of business. Even so, the total number of locals in
the market will continue to shrink as some customers won't make the trip due
to convenience & others are hammered by the economy. Also, LV will
continue to have a net outflow of residents for a while.
In a message dated 3/6/2011 10:54:27 P.M. Pacific Standard Time,
vpFREE@yahoogroups.com writes:
_Re: people 86ed at suncoast? _
(http://groups.yahoo.com/group/vpFREE/message/112645;_ylc=X3oDMTJzNzJjZzJtBF9TAzk3MzU5NzE1BGdycElkAzQ2NDEwMTcEZ3Jwc3BJZA
MxNzA1MDY1NzMyBG1zZ0lkAzExMjY0NQRzZWMDZG1zZwRzbGsDdm1zZwRzdGltZQMxMjk5NDgwOD
Yx)
Posted by: "Dave" _haaljo@yahoo.com _ (mailto:haaljo@yahoo.com?Subject=
Re:%20people%2086ed%20at%20suncoast?) _haaljo _
(http://profiles.yahoo.com/haaljo)
Sun Mar 6, 2011 6:08 pm (PST)
--- In _vpFREE@yahoogroups.vpF_ (mailto:vpFREE@yahoogroups.com) ,
TedChee@... wrote:
>
> To break the death spiral in LV, they need a lot of casinos to go
Chapter 7
> so that the remaining casinos can split up a larger customer base
> otherwise they will follow the no-profit path the airlines flew for a
decade.
How is Nevada going to create a "larger customer base" with competition in
almost every State? Just about the last major Country without casinos is
Mexico. Maybe a Mag-Lev train from Mexico City?
[Non-text portions of this message have been removed]
