5 ms·

I don't think the successful casinos today are as profitable as they could be. I believe they can be MUCH more profitable than they are now.

• girvo 13y ago
  Then you fail to understand the sheer amount of analytics and data casinos use to tweak everything to "perfection"...
  • gaius 13y ago
    But but but San Francisco hipsters invented data science! No-one was optimizing their businesses based on numerical data before!
  • jrs99 13y ago
    http://www.lasvegassun.com/news/2011/mar/11/sahara-hotel-casino-close-may-16/ http://www.lasvegassun.com/news/2011/mar/11/sahara-hotel-cas... casinos fail all the time. i'm not talking about keeping what casinos have right now and "tweaking" that. I'm talking about a reimagining.
    • vidarh 13y ago
      Casinos fail all the time because they as everyone else have fixed cost, and in the Las Vegas style casinos especially because they are not just casinos but massive hotels or resorts where the fixed costs are absolutely huge. There's certainly lots of room for innovation in that area, and in attracting gamblers. Casinos don't generally fail because they don't know how to tweak the odds. I think you and girvo are talking about different things.
  • vegasresident 13y ago
    And you fail to understand the sheer amount of incompetence present in the gaming industry. You also overestimate the amount of anayltics (or even anything you could call math) happening in the gaming industry.