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The Strike Point Archive 01

Re: Here's what the experts say
In Response To: Re: The Story makes a point ()

While your view might personally make little difference, for the rest of the gamblers and the industry experts, it looks bad.

Around here, all the Tribal casinos have removed their Strike Machines. I don't know why, because there were people waiting to play them. Maybe the profits were not as much as a casino owned machine.

As for who actually runs the CA casinos, I don't have the specific data.

Here are some excerpts from an article earlier this year, and the link to the full article.

American Indian tribes will more than double the number of slot machines they operate in Northern California in the next few months, "devastating" Reno's gaming industry, a new Deutsche Bank report says.

Adding more than 5,000 slots to the stiff regional competition will scorch prospects for the gaming industry in the Reno area.

The surge in slot machine availability, combined with the improved quality of Indian casinos together will be "devastating in time for Reno," Zarnett said.

Gaming expert and University of Nevada, Las Vegas professor Bill Thompson said the surge in slots will adversely affect Northern Nevada disproportionately compared with the south.

The new machines will more than double the number of slots already operating in Northern California casinos.

In 2002, the number of visitors to Reno decreased to 4.9 million, down 2.3 percent from 2001 when the number of visitors also declined 3.5 percent.

Also, Reno's 2002 gaming revenues dropped to $534.8 million, down 9 percent from 2001 when revenues fell 3.9 percent.

http://www.reviewjournal.com/lvrj_home/2003/Mar-20-Thu-2003/business/20925158.html

Revenues down almost 13% in two years. Visitors down almost 6%, I'd say it's already hurting them.

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Sundowner Announces Closure
Re: Sundowner Announces Closure
Re: Sundowner Announces Closure
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Re: Sundowner Announces Closure
The Story as written
Re: The Story makes a point
Re: The Story makes a point
Re: Here's what the experts say
What happens to all the Slots, Tables, Chips, etc?
and the dice???
Re: What happens to all the Slots, Tables, Chips,
Too bad Gaming Commision will not let them sell

Copyright 2022 David Spragg