No More $25 Casino Credit

[jimbo5544]

5 minutes ago, BlerkOne said:

Same cheerleaders and same jeerleaders. 🙂

 

wait....was he calling me a cheerleader😱.  I thought it was said about himself..... go figure, and here I was being warm and welcoming....

[Moz]

36 minutes ago, jimbo5544 said:

wait....was he calling me a cheerleader😱.  I thought it was said about himself..... go figure, and here I was being warm and welcoming....

To bad same sarcasm too,

[BlerkOne]

15 minutes ago, Moz said:

To bad same sarcasm too,

How so?

[jimbo5544]

1 hour ago, Moz said:

To bad same sarcasm too,

What you get with mean hurtful posts.  I was just going to say I hope we cruise together soon. 🥲

Edited June 10 by jimbo5544

[n6uqqq]

9 hours ago, mz-s said:

 

If I were discussing Carnival Corporation & PLC specifically, I would say Carnival Corp rather than CCL. To me, CCL singles out the flagship cruise line of Carnival Corporation.

Fair enough but as a stock CCL is Carnival Corporation and that is the way I have always interpreted CCL. 

[icft]

58 minutes ago, jimbo5544 said:

... I was just going to say I hope we cruise together soon. 🥲

While I also have a thing for pom-poms, I have a completely different idea of who I want holding them...

[jimbo5544]

1 minute ago, icft said:

While I also have a thing for pom-poms, I have a completely different idea of who I want holding them...

I will leave that line alone…😎

[icft]

19 minutes ago, jimbo5544 said:

I will leave that line alone…😎

That's not what I meant, but I like the way you think😁

[mz-s]

15 hours ago, BlerkOne said:

Casino rats seriously overvalue themselves. If any revolt, Carnival should ban them. Nobody is irreplaceable. No shortage of people willing to take free cruises.

 

As Carnival learned during the restart when their ship had to be escorted into NY Harbor because of the brawls onboard and almost weekly they were featured on Inside Edition, they do not want to offer free cruises to all of them.

Edited June 10 by mz-s

[aborgman]

22 hours ago, IntrepidFromDC said:

The Casino is operated by Global Casino Services, the space allocation done via contract with Carnival.  The Casino dealers and staff are mostly GCS employees, not Carnival.  The bar staff and wait staff are Carnival employees.

 

Follow the link Global Casino Services (zendesk.com) and scroll to the bottom of the page to view the cruise lines GCS services.

 

GCS IS Carnival.

 

People who work for CCL are employees of Carnival.

People who work for GCO are employees of Carnival.

People who work for Costa are employees of Carnival.

People who work for Princess are employees of Carnival.

 

[aborgman]

21 hours ago, mz-s said:

 

If I were discussing Carnival Corporation & PLC specifically, I would say Carnival Corp rather than CCL. To me, CCL singles out the flagship cruise line of Carnival Corporation.

 

 

I mean... CCL is LITERALLY the stock symbol for Carnival Corporation.

[aborgman]

17 hours ago, BlerkOne said:

Casino rats seriously overvalue themselves. If any revolt, Carnival should ban them. Nobody is irreplaceable. No shortage of people willing to take free cruises.

 

Eh... onboard spend (of which casino spending is at least a reasonable amount) are basically keeping CCL afloat.

 

They accounted for 1/3 of revenue - but turned about a $4 billion profit vs. about a $4 billion loss on twice as much revenue for operating the boats.

[BlerkOne]

3 hours ago, mz-s said:

 

As Carnival learned during the restart when their ship had to be escorted into NY Harbor because of the brawls onboard and almost weekly they were featured on Inside Edition, they do not want to offer free cruises to all of them.

Carnival shouldn't offer free cruises to anyone - especially people who complain.

[geovet]

Just returned from Vista cruise and did get the $25.

[mz-s]

2 minutes ago, BlerkOne said:

Carnival shouldn't offer free cruises to anyone - especially people who complain.

 

You should raise that concern at the next shareholder meeting or quarterly earnings report.

Edited June 10 by mz-s

[BlerkOne]

1 hour ago, aborgman said:

 

Eh... onboard spend (of which casino spending is at least a reasonable amount) are basically keeping CCL afloat.

 

They accounted for 1/3 of revenue - but turned about a $4 billion profit vs. about a $4 billion loss on twice as much revenue for operating the boats.

Onboard spend has to, in order to make up for loss of cabin revenue from gifting excess cabins to gamblers. That was the plan from day one of the restart. A new phase is overdue.

 

Be that as it may, Carnival knew, and proved, that if you lower the cabin cost enough, people will sail. As there are more people who have not cruised than have, there is a ready supply of replacements waiting in the wings.

 

Having said that, I know many spending in the casino are not cruising on casino deals. Many cruising on casino deals try to spend the bare minimum to keep getting casino deals. Carnival needs to shuffle the deck.

[BlerkOne]

6 minutes ago, mz-s said:

 

You should raise that concern at the next shareholder meeting or quarterly earnings report.

Carnival Cruise Line doesn't have shareholder meetings. I should raise it in public forums to raise public awareness.

[BlerkOne]

2 hours ago, aborgman said:

 

GCS IS Carnival.

 

People who work for CCL are employees of Carnival.

People who work for GCO are employees of Carnival.

People who work for Costa are employees of Carnival.

People who work for Princess are employees of Carnival.

 

There are many who work for Carnival units who are not employees of Carnival.

 

The way GCS is structured, it shouldn't be difficult for Carnival to outsource should they choose.

[jimbo5544]

41 minutes ago, BlerkOne said:

Carnival shouldn't offer free cruises to anyone - especially people who complain.

BINGO, in fact double BINGO

[jimbo5544]

42 minutes ago, geovet said:

Just returned from Vista cruise and did get the $25.

Take a pic, you might want to memorialize that.

[IntrepidFromDC]

3 hours ago, aborgman said:

 

GCS IS Carnival.

 

People who work for CCL are employees of Carnival.

People who work for GCO are employees of Carnival.

People who work for Costa are employees of Carnival.

People who work for Princess are employees of Carnival.

 

Not exactly.

 

First, let's clarify that there are two Carnivals.

 

1. There's the parent company, Carnival Corporation, which trades as CCL on the NYSE.

2. There's the cruise line operator, Carnival Cruise Line, which is a subsidiary of CCL, just like GCO, Costa and Princess are (among others).

 

To some this may appear to be semantics or technical, but to some of us who have worked for S&P 500 companies, the distinction is not blurry.  I've worked at two large US companies my entire life - Marriott (parent company) and a Berkshire Hathaway subsidiary named GEICO (both headquartered here) and both drafted and assisted with corporate tax filings, 5500s, QSLOBs, etc. where the distinction between the parent company and the subsidiaries is material every day in many ways.

 

Qualitatively, I asked a few dealers and casino supervisors who they work for and the one time a dealer said Carnival, the supervisor corrected him.  So I asked who their paycheck comes from and they both acknowledged it was Global Casino, and they don't go through the same training, etc. that Carnival employees go through, nor are they hired by the same hiring teams, they have different benefits, etc.

 

From Carnival Cruise Line's website:

 

Carnival Cruise Line is proud to be part of a family of companies owned by Carnival Corporation, which includes sister lines Princess Cruises, Holland America Line and Cunard Line, among others.

Edited June 10 by IntrepidFromDC

[IntrepidFromDC]

21 minutes ago, jimbo5544 said:

BINGO, in fact double BINGO

"Oooo what do I win?" asked the degenerate rat.

[aborgman]

54 minutes ago, BlerkOne said:

Onboard spend has to, in order to make up for loss of cabin revenue from gifting excess cabins to gamblers. That was the plan from day one of the restart. A new phase is overdue.

 

Be that as it may, Carnival knew, and proved, that if you lower the cabin cost enough, people will sail. As there are more people who have not cruised than have, there is a ready supply of replacements waiting in the wings.

 

Having said that, I know many spending in the casino are not cruising on casino deals. Many cruising on casino deals try to spend the bare minimum to keep getting casino deals. Carnival needs to shuffle the deck.

 

Onboard spend has to, in order to make up for loss of cabin revenue from customers who are paying for cabins.

 

Cabin sales are functionally loss leaders to drive casino and drink spend.

 

If they got rid of casino and booze spend - they would have lost about $5 billion last year instead of a couple hundred million, even if they filled those rooms with customers averaging the same room payment as non casino offers.

[IntrepidFromDC]

56 minutes ago, BlerkOne said:

Onboard spend has to, in order to make up for loss of cabin revenue from gifting excess cabins to gamblers. That was the plan from day one of the restart. A new phase is overdue.

 

Be that as it may, Carnival knew, and proved, that if you lower the cabin cost enough, people will sail. As there are more people who have not cruised than have, there is a ready supply of replacements waiting in the wings.

 

Having said that, I know many spending in the casino are not cruising on casino deals. Many cruising on casino deals try to spend the bare minimum to keep getting casino deals. Carnival needs to shuffle the deck.

I see what you did there, at the end. 😁 🏴‍☠️

[IntrepidFromDC]

1 hour ago, BlerkOne said:

Carnival shouldn't offer free cruises to anyone - especially people who complain.

 

1 hour ago, mz-s said:

 

You should raise that concern at the next shareholder meeting or quarterly earnings report.

mz, please don't encourage her!