Vegas casinos are shooting themselves in the foot with blackjack
The 6 deck and 8 deck games in AC and the Conn Indian casino's may suck. But why fly to Vegas for worse games like CSM's and 6:5 games?
The Blackjack games at the Indian casinos in California maybe only for uninformed players. But why drive to Vegas for worse games like CSM's and 6:5 games?
We may suspect some of the small casinos in other states of cheating. But can't be worse than getting paid only 80% of your blackjack winnings at the 6:5 games in Vegas?
Look at roulette. It used to be a lot more popular before they started the double zero nonsense. Now most casinos have removed all but one or two roulette tables and replaced them with slot machines.
It is easy to see why more and more of the net income in casinos is coming from increased rooms rates, increased food charges and cutting the number of employees.
The casinos are focused on the next quarter earnings, forget about five or ten years down the road. But this a problem common to corporate america.