| Posted by: Got2Bet at February 9, 2002, 9:58 pm | | Topic: more Crazy Vegas..... Forum: Winner Online |
AS -
You bet. The Sahara has been a big beneficiary of this. But no more - last trip I used up my comps and didn't play a second in there - I finally have nothing to go back for.
NYNY owes me a bit but I probably will never stay there again either. Treasure Island has been reasonably good to me. But hopefully in June I will have the funds to step up to the Bellagio for a change and see what that's like!
Joe -
I understand your formula - but I don't think the webmasters will accept a lower percentage - a number of casinos have tried 10-15% revenue sharing and found no one will take them up on it. On top of returning 25% losses, that means the casino is giving away 40% profits before royalties, outsourced support, and other costs.
That, in my opinion, is too weak a financial model for a casino operator. UNLESS -
1. You have ery deep pockets.
2. You are committed to a ery long term run.
3. You set a qualification level for achieving this return of losses to players (example: must deposit at least $500 in any 3-month period).
I don't think that the concept of MBC will double player conversion or increase alue 3-4x - it will be seen to be a novelty concept. Again, the most important thing here is to get yourself known first (ie. Casino On Net) - then implement such a policy.
MBC - there is an implication of loss which I think can't be avoided - but it is not so negative as to destroy the concept. I actually think it's a pretty cool name - but then I think to myself "Would I play at a place called MBC"?
The answer to that is "maybe"
Your "slogan" is pretty good though
------------------
Spearmaster
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