No More $25 Casino Credit

[Colorado Beach Bum]

13 hours ago, BlerkOne said:

Each Carnival component is run as a separate business and Corp expects each to turn a profit. It is absurd to try to lump them together and say it is all the same company. That isn't how a legitimate business operates.

Each may be run as a separate business for a variety of purposes but to think they don’t analyze how department A helps and or hurts profits of department B and are completely independent of each other is wrong. Legitimate businesses analyze every aspect of the business and the impacts of each and every department or entity. 

[mz-s]

The casino is the highest revenue square footage on the ship. Higher than the spa, shops, bingo comedy club, doesn't matter. The casino is what cuts the cucumber.

[BlerkOne]

3 hours ago, Colorado Beach Bum said:

Each may be run as a separate business for a variety of purposes but to think they don’t analyze how department A helps and or hurts profits of department B and are completely independent of each other is wrong. Legitimate businesses analyze every aspect of the business and the impacts of each and every department or entity. 

Which department eliminated the $25?

[BlerkOne]

7 minutes ago, mz-s said:

The casino is the highest revenue square footage on the ship. Higher than the spa, shops, bingo comedy club, doesn't matter. The casino is what cuts the cucumber.

I'd like to see the data from Carnival you used to come up with that conclusion, while reminding others that revenue does not mean profit. Every penny the casino gives away for perks or whatever educes profit. Square footage on a cruise ship is not free.

 

It can be argued that most revenue is derived from selling cabins.

[mz-s]

18 minutes ago, BlerkOne said:

I'd like to see the data from Carnival you used to come up with that conclusion, while reminding others that revenue does not mean profit. Every penny the casino gives away for perks or whatever educes profit. Square footage on a cruise ship is not free.

 

It can be argued that most revenue is derived from selling cabins.

 

The hotel department is the largest department on the ship, yes - but on a per square foot basis? Casino wins.

 

If the spa made more revenue, they would have converted the conference rooms on ships into a spa annex. Or a second comedy club. Etc.

[Tom-n-Cheryl]

2 minutes ago, mz-s said:

 

The hotel department is the largest department on the ship, yes - but on a per square foot basis? Casino wins.

...

 

The casino always wins 

[BlerkOne]

1 minute ago, mz-s said:

 

The hotel department is the largest department on the ship, yes - but on a per square foot basis? Casino wins.

 

If the spa made more revenue, they would have converted the conference rooms on ships into a spa annex. Or a second comedy club. Etc.

Numbers, please.

 

Casinos come in all shapes and sizes. Some cruise lines don't have any at all. Less than half of the Carnival Cruise Line fleet have non-smoking casino annexes. Which arguably are still an experiment. The main casinos likely easily dwarf the annexes on a per sq foot revenue basis.

 

 

[BlerkOne]

6 minutes ago, Tom-n-Cheryl said:

 

The casino always wins 

in the long run.

[PayneAS]

Someone recently told me to think about it and run the numbers. I'm not much of a gambler so I never had but reading this thread made me think back to it. 

Googling the Valor, there are 190(ish) slot machines. *If* you just, across the board, say that each machine has a min bet of $1, that's $190 per minute those machines are making. (I know that some machines are higher but I don't think there are very many that are lower than that). In two or three minutes, that's the cost of one person for an inside cabin. In 12 hours, that's $136,800. I think that they are usually open longer than 12 hours but, as I said, I'm not much of a gambler so I have no idea how long they are open. For a 5-day cruise, that's $684,000. And that's not even counting the table games. 

Now I know there are operating costs, and payouts to winners, etc. But if casinos, on average, LOST money or didn't make higher than average profits, they wouldn't exist or be so popular. 

[Tom-n-Cheryl]

18 minutes ago, BlerkOne said:

in the long run.

Though, some have casinos have gone bankrupt... That takes work!

[KarmaCruisers]

2 hours ago, Tom-n-Cheryl said:

Though, some have casinos have gone bankrupt... That takes work!

That’s because idiotic mismanagement; casinos are literally licenses to print money. 

[Colorado Beach Bum]

3 hours ago, BlerkOne said:

Which department eliminated the $25?

Probably the same one that added it. 

[BlerkOne]

3 hours ago, Tom-n-Cheryl said:

Though, some have casinos have gone bankrupt... That takes work!

 

 

https://betm.co/casinos-that-went-bankrupt/

 

From Caesar's Entertainment to MGM to Trump...

[Tom-n-Cheryl]

Just now, BlerkOne said:

 

 

https://betm.co/casinos-that-went-bankrupt/

 

From Caesar's Entertainment to MGM to Trump...

Yeppers. At least two of three worked through the process.

[BlerkOne]

3 hours ago, PayneAS said:

Someone recently told me to think about it and run the numbers. I'm not much of a gambler so I never had but reading this thread made me think back to it. 

Googling the Valor, there are 190(ish) slot machines. *If* you just, across the board, say that each machine has a min bet of $1, that's $190 per minute those machines are making. (I know that some machines are higher but I don't think there are very many that are lower than that). In two or three minutes, that's the cost of one person for an inside cabin. In 12 hours, that's $136,800. I think that they are usually open longer than 12 hours but, as I said, I'm not much of a gambler so I have no idea how long they are open. For a 5-day cruise, that's $684,000. And that's not even counting the table games.

Now I know there are operating costs, and payouts to winners, etc. But if casinos, on average, LOST money or didn't make higher than average profits, they wouldn't exist or be so popular. 

Of course casinos can make money The reality on slots include not all machines are being played or are operational, some people are taking up space without playing at all, others are slow rolling to get their 15 drinks on. Some people sit and Facebook all day with only an occasional pull. Cruise ship odds are horrible, but they are still probably paying at least 80% back. and that's before the cost of perks.

[jimbo5544]

3 hours ago, Tom-n-Cheryl said:

Yeppers. At least two of three worked through the process.

Pretty big difference tho.  ATLANTIC CITY???  How many places can you gamble in Vegas?  How many on a cruise ship?  One is a captive argument and the other flaunts hundreds of options (including diners and the airport.  

[PayneAS]

3 hours ago, BlerkOne said:

 The reality on slots include not all machines are being played or are operational...

 

I didn't want to get into every scenario, but yes I'm aware there are those just taking up space and all the other things you listed, or didn't list. Even so, all those people saying "Omg it is the casino cruisers getting a free room that's breaking the bank" don't seem to realize that those "free" rooms can easily be recouped in as little as a day from a single machine. 

[BlerkOne]

7 minutes ago, PayneAS said:

 

I didn't want to get into every scenario, but yes I'm aware there are those just taking up space and all the other things you listed, or didn't list. Even so, all those people saying "Omg it is the casino cruisers getting a free room that's breaking the bank" don't seem to realize that those "free" rooms can easily be recouped in as little as a day from a single machine. 

Something to consider is most casino people aren't cruising on free rooms. Why give away the profits needlessly? The casinos will still make money.

 

If spending money is the consideration for free cabins, how about free cabins for those who actually pay for cabins? Or drinks? Or specialty dining? Or spa treatments? Or shore excursions? Or anything else on the ship?

[jimbo5544]

12 minutes ago, PayneAS said:

 

I didn't want to get into every scenario, but yes I'm aware there are those just taking up space and all the other things you listed, or didn't list. Even so, all those people saying "Omg it is the casino cruisers getting a free room that's breaking the bank" don't seem to realize that those "free" rooms can easily be recouped in as little as a day from a single machine. 

obviously it works as a business model.  

 

Just now, BlerkOne said:

Something to consider is most casino people aren't cruising on free rooms. Why give away the profits needlessly? The casinos will still make money.

 

If spending money is the consideration for free cabins, how about free cabins for those who actually pay for cabins? Or drinks? Or specialty dining? Or spa treatments? Or shore excursions? Or anything else on the ship?

Many here have said they will still cruise regardless.

[BlerkOne]

1 hour ago, jimbo5544 said:

Many here have said they will still cruise regardless.

Carnival's desired market. People who cruise because they like the brand, not for the perks. Whether the loyalty program or the casino. If the casino wants to give away money, they could loosen up the slots. I think many would prefer to win once in a while.

[jimbo5544]

10 hours ago, Tom-n-Cheryl said:

 

The casino always wins 

yup

[jimbo5544]

1 hour ago, BlerkOne said:

Carnival's desired market. People who cruise because they like the brand, not for the perks. Whether the loyalty program or the casino. If the casino wants to give away money, they could loosen up the slots. I think many would prefer to win once in a while.

I agree, it will be interesting to see how it all sifts out.

[Colorado Beach Bum]

13 hours ago, BlerkOne said:

If spending money is the consideration for free cabins, how about free cabins for those who actually pay for cabins? Or drinks? Or specialty dining? Or spa treatments? Or shore excursions? Or anything else on the ship?

When they figure out how to make more money off of these spends then they do off of casino spends I’m sure they will. 

[BlerkOne]

Amazing how some think without the casino, Carnival would fail. The casino is just one player on the team. Without the rest, the casino and Carnival would sink like a rock.

[SKNG Cruisers]

We just got off an 8 day cruise on the Vista and went up to the cashiers counter and they loaded $25 dollars to our sign and sail cards. You wll need to specify if you are going to use it on Black Jack Tables of Slots..