The Depression Hits Las Vegas

[lots0]

I live about 1 1/2 hours away from Vegas by puddle jumper, so I go there often.

I was in Vegas last week.

There were few people in the shows and events, but you couldn't hardly find a seat at the tables (at the Palms).

Everything was so much less expensive.

It was kinda cool... Like going back to the 70's, when casinos on the strip catered to gamblers.

I really hated it when Vegas went "Disney".

BTW - I gotta say the Playboy Casino in the Palms has the hottest looking women in the whole wide world working there...

[polli123]

Been to Vegas too in Feb, 7 days. Yes, it´s cheaper than teh years before, but where have all the people gone?
It´s still a 24h rush hour at the weekend (k, only at the strip). But i try to come 2 times a year since 2005 and after this trip i can say: jea, you see the financial crisis directly at the strip. Empty tables and clubs, waised streets, often you are one of a handful guests in a restaurant, and so on...

Hope it will be better for you US pals next year.

[pokeraddict]

I have never in my life gotten this much mail and email from Vegas, invites for months ahead and every week from every casino I ever stayed at.

They must be really desperate.

I'm getting stuff in the mail from places I've only been in once years ago. Harrah's sends me all sorts of free coupons and the only action I've given them in 2 years is WSOP. Orleans/Gold Coast and MGM properties are also places I've had nothing to do with for years and they beg me to stay there. It's quite mind boggling.

As for stocks it is hard not to think you could pick a couple of ponies here and do OK. IGT doesn't look bad, MGM maybe and casinos that have more properties outside of LV are not doing as bad. For example I live just outside of Deadwood SD and things there are not down too bad except on bad weather days. This is also not tourist season either so that will really be the test.

I also wrote some content for my company where I have the opinion that this isn't bad for our industry. Specifically look at Poker Star's growth on Poker Scout. People don't have to take vacation time, pay airfare, hotel and buy overpriced food to play online poker.

[lots0]

As for stocks it is hard not to think you could pick a couple of ponies here and do OK. IGT doesn't look bad, MGM maybe and casinos that have more properties outside of LV are not doing as bad. For example I live just outside of Deadwood SD and things there are not down too bad except on bad weather days. This is also not tourist season either so that will really be the test.

I own PNK, ASCA and MGM...
I used to own LVS but I sold it a couple of weeks ago and made a killing... I might just pick up some more here soon, it just went under 3...

Gotta say for a real gambling thrill there is no place like the Market.

I also wrote some content for my company where I have the opinion that this isn't bad for our industry. Specifically look at Poker Star's growth on Poker Scout. People don't have to take vacation time, pay airfare, hotel and buy overpriced food to play online poker.

I still like playing where "I can see the whites of there eyes", so to speak.
I play much better in person.