Casino Comps Through the Recession


Many individuals have requested how this recession has affected casino comps (free stuff). The reply is difficult as a result of not all casino comps have been affected the identical means. Additionally, not all casinos share the identical philosophy about comping within the first place. Let me clarify…

Las Vegas and Atlantic Metropolis, the 2 largest playing locations, have been hit the toughest by the recession. These two cities depend on individuals from outdoors the speedy space to come back to city and keep in a single day. Throughout unhealthy occasions, fewer individuals travel to resort areas. Casinos that draw from the close by inhabitants, that’s, casinos on Indian reservations, middle metropolis casinos and riverboat casinos, are experiencing a smaller downturn. They don’t have to draw gamers from out of state, to illustrate, to outlive slot online.

To fight this drawback, some casinos in each Las Vegas and Atlantic Metropolis will improve all their comps to draw extra individuals. However some casinos will improve their comps solely on slot machines. They really feel the desk game gamers count on much less comps than slot gamers. It’s simpler and more practical to advertise larger slot comps. Sure casinos in Atlantic Metropolis gave away as a lot as 5X slot {dollars} throughout October and November. That’s, should you earn $100 in sooner or later, they provides you with $500.

This seems nice on the floor, however the casinos do not give one thing away with out getting one thing again. When you play a $1 machine it could be set to a 96% return. For instance for the subsequent 30 days you get 5X slot {dollars}. All of the casino has to do is decrease the return to 95%. This makes up for the elevated slot {dollars} and you will by no means understand it.

Some casinos take a very totally different strategy throughout unhealthy occasions. They’ll tighten their belts and cut back the comps, it doesn’t matter what the game. That is simply achieved by decreasing the theoretical win on desk games, which in flip lowers the quantity of the comp.

Some casinos, like these within the Caribbean islands, rely extra on seasons to succeed. The Bahamas, Puerto Rico and others are utterly booked from November to April. Throughout this era even the perfect gamers are comped much less as a result of casinos will likely be filed with paying individuals it doesn’t matter what. In different phrases, the demand throughout this era is so nice a recession would not matter.

Nonetheless, April via November, particularly the summer season months, the comps are extra liberal within the Caribbean. It’s because the demand isn’t there. Throughout this time Caribbean casinos run bundle journeys, together with airfare, and you do not even should gamble. It’s because they make sufficient cash throughout their peak interval with out a lot comping to hold the off-peak interval with liberal comping.

Maintain observe of the totally different comps. Most casinos advertise once they improve slot {dollars}, however you could not learn about different promotions or giveaways throughout sluggish financial occasions except you ask. If it’s essential, go to a casino host, or buyer service and the marketing division for details about particular promotions. They need your business, particularly throughout robust occasions. Make them stretch to get it.