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The Chip Board Archive 08

Re: Opera House and Silver Nugget

I don't think that the issue is whether the policy prevents casinos from making money.

FOr the sake of rounding lets pretend each chip costs $1 to produce.

Your theory is that the sale of 30 $100 subsudizes the cost of producing $1 chips and allow sthe casino to make a profit.

the 30 $100 sell for a total $3,000 at a profit of $2,770. If the Casino produced 500 $100 and sold only 35 of them they would make $3,500 less the $500 for a net fo $3,000.

The real reason for the short issues has been to try to benefit certain people in the secondary market.

Messages In This Thread

what does it mean to the hobby ?
My 2 cents
Re: what does it mean to the hobby ?
I agree with Paul...
I disagree!!!
Re: I disagree!!!
Re: what does it mean to the hobby ?
Re: what does it mean to the hobby ?
Re: what does it mean to the hobby ?
counterpoints...
Re: what does it mean to the hobby ?
Re: what does it mean to the hobby ?
Laws and Regualtions
Re: Laws and Regualtions
Re: Laws and Regualtions-Pete
$10,000 chip less than $2 to make
Re: $10,000 chip less than $2 to make
Re: $10,000 chip less than $2 to make
Re: $10,000 chip less than $2 to make
Re: $10,000 chip less than $2 to make
Re: $10,000 chip less than $2 to make
Re: $10,000 chip less than $2 to make
Re: $10,000 chip less than $2 to make
Opera House and Silver Nugget
Re: Opera House and Silver Nugget
Re: Opera House and Silver Nugget
Re: Opera House and Silver Nugget
Re: what does it mean to the hobby ?
Re: Las Vegas is not "the hobby" ....

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