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You can't simply assume that because all of their action comes from low rollers, they are pursuing some sort of brilliant strategy that nobody else is by not co
by hugh 18y ago
You can't simply assume that because all of their action comes from low rollers, they are pursuing some sort of brilliant strategy that nobody else is by not courting the high rollers (when they could easily go after both).
Sure, they could, but then they'd have to spend money to target that group. Is this any different to the high-end/low-end market segmentation of any other business?
I guess one of the reasons that they can open a Harrah's in damn near every gaming jurisdiction (New Orleans and South Lake Tahoe spring to mind as the two Harrah's I've been to) is that they can afford to build a fairly cheap casino without tainting their brand image. Compare that to, say, The Venetian, which can only open a new branch (in, say, Macau) if they're willing to spend the billions it takes to build something comparable to the Venetian in Vegas.
- mattmaroon 18y agoHarrah's has locations in every jurisdiction mostly due to merger and acquisition. They're basically a number of small gaming operators that got rolled into one. Also, most of their casinos were not cheap when they were built. They are just old. The Imperial Palace (now the laughing stock of that part of the strip and soon to be bulldozed) was one of the nicest hotels around 50 years ago. In fact, I don't think they've actually built a single casino since Loveman took over.