Comments on: Details of AC “overhaul” http://www.dgschwartz.com/2010/03/24/details-of-ac-overhaul/ Writing, Speaking, and Consulting | Las Vegas, Gambling, and More | Formerly DieisCast.com Sat, 04 Feb 2012 09:11:15 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: East Coast Gambler - | Mini Casinos Ccoming to Atlantic City http://www.dgschwartz.com/2010/03/24/details-of-ac-overhaul/comment-page-1/#comment-63963 East Coast Gambler - | Mini Casinos Ccoming to Atlantic City Fri, 26 Mar 2010 16:50:16 +0000 http://www.dieiscast.com/?p=3134#comment-63963 [...] starts with interesting use of tax money from these casinos and capping the number of casinos.  Die is Cast dissects this very [...] [...] starts with interesting use of tax money from these casinos and capping the number of casinos.  Die is Cast dissects this very [...]

]]> By: Dave http://www.dgschwartz.com/2010/03/24/details-of-ac-overhaul/comment-page-1/#comment-63959 Dave Thu, 25 Mar 2010 23:40:13 +0000 http://www.dieiscast.com/?p=3134#comment-63959 I've got something better I'm working on now--comparing the numbers for Trump Marina (definitely on the market) to a mini-casino. It will be posted soon. I’ve got something better I’m working on now–comparing the numbers for Trump Marina (definitely on the market) to a mini-casino. It will be posted soon.

]]> By: dave202 http://www.dgschwartz.com/2010/03/24/details-of-ac-overhaul/comment-page-1/#comment-63958 dave202 Thu, 25 Mar 2010 23:27:41 +0000 http://www.dieiscast.com/?p=3134#comment-63958 Great analysis. I haven't seen the breakdown anywhere. I don't know why you would spend even $300 million a year for a $68 million gross gaming revenue. You had better have a very powerful non-gaming component if you want that to happen. That said, I don't think this is a bad idea if it goes along with all the other things that have to be done to fix AC: cleaning up the city, lower regulatory costs, a new public-private marketing campaign and more. But I agree that the four casino limit is going against what AC has been: a free and open market. Great analysis. I haven’t seen the breakdown anywhere. I don’t know why you would spend even $300 million a year for a $68 million gross gaming revenue. You had better have a very powerful non-gaming component if you want that to happen.

That said, I don’t think this is a bad idea if it goes along with all the other things that have to be done to fix AC: cleaning up the city, lower regulatory costs, a new public-private marketing campaign and more. But I agree that the four casino limit is going against what AC has been: a free and open market.

]]> By: WestVegas http://www.dgschwartz.com/2010/03/24/details-of-ac-overhaul/comment-page-1/#comment-63954 WestVegas Thu, 25 Mar 2010 00:51:18 +0000 http://www.dieiscast.com/?p=3134#comment-63954 This is a whole new paradigm. (I just wanted an excuse to use that word). (BTW. I prefer pronouncing the word as "pare-a-dig-um" instead of "Pair-A-Dime"). ---- Yes. This AC overhaul seems fraught with unfairness and headaches, similar to the 'family jackpot plan' of the prior post. This is a whole new paradigm. (I just wanted an excuse to use that word). (BTW. I prefer pronouncing the word as “pare-a-dig-um” instead of “Pair-A-Dime”).
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Yes. This AC overhaul seems fraught with unfairness and headaches, similar to the ‘family jackpot plan’ of the prior post.

]]> By: Dave http://www.dgschwartz.com/2010/03/24/details-of-ac-overhaul/comment-page-1/#comment-63951 Dave Wed, 24 Mar 2010 17:33:56 +0000 http://www.dieiscast.com/?p=3134#comment-63951 It looks that way. It looks that way.

]]> By: Michael http://www.dgschwartz.com/2010/03/24/details-of-ac-overhaul/comment-page-1/#comment-63950 Michael Wed, 24 Mar 2010 17:26:55 +0000 http://www.dieiscast.com/?p=3134#comment-63950 Wouldn't "other casinos' expansion or infrastructure projects" just mean the money is going to the CRDA? Wouldn’t “other casinos’ expansion or infrastructure projects” just mean the money is going to the CRDA?

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