The Star Entertainment Group $SGR should take a page out of the Donaco $DNA playbook and learn how to run a casino 😉 (Neither held)
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The Value of a Great Dealer If you read my posts, you notice I consistently craft posts around the Silent Killers of Table Games Revenues. Two main factors contributing to casino revenues are time and motion and time on device. Give up time and motion; you need to gain time on device and vice versa. What is the value of a technically proficient and friendly dealer? I consistently see casinos have these people on the front lines without recognition. Are you guilty? Losing just one of these individuals can cost your operation six figures a year. Next time you're on the floor, stop and look around. Are you missing an opportunity to attack an obvious Silent Killer? The impact of recognition is rarely discussed but is a vital component of success. #recognitionmatters #casinos #revenuegrowth
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It’s fascinating how the world of gambling continues to grapple with cheaters and their ever-evolving tactics. In 2024, two employees at Rivers Casino in Pittsburgh were accused of rigging video roulette table games. The scheme involved both the dealers and players, resulting in more than $10,000 being taken from the casino1. Here’s what happened: Robin Schnepp, a casino employee, allegedly spun the roulette ball in a way that wouldn’t trigger the sensors, allowing players to continue betting even after a number hit. Her supervisor, Anthony Laush, would then override the error by using his electronic fob on the machine. Two players, Jack Daniel Mars III and Gabriella Marie Bianco, were part of the scheme and made off with almost $11,000 through this rigging. The investigation revealed that these players knew exactly what they were doing during the errored state of the roulette table. An anonymous letter tipped off the authorities, leading to the discovery of multiple instances of this cheating since December 2023. The casino is now implementing changes to prevent such incidents in the future1. So, while the bad guys may still try their luck, it’s essential for casinos to stay vigilant and adapt to new challenges. Check out the latest episode of BintheKnow. Don’t forget to Like, Share and Subscribe.
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Today’s casinos no longer just serve players - they’re entertainment venues for all kinds of audiences and events. And as casino entertainment offerings expand, it’s critical to have effective video management in place. 📹 XProtect empowers casinos to seamlessly monitor every aspect of their venue, ensuring the safety and enjoyment of all guests. And it gives you access to smart analytics that help you optimize resources, staff availability and make data-driven decisions for running a better casino. Learn more about how XProtect helps support your casino management: http://ow.ly/8Mlg104F7Ts #CasinoExperience #Entertainment #VideoManagement #VideoTechnology
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6moI think you would find that The Star is extremely inefficient with wages to revenue, which is why it struggles to have high EBIT. Likely driven by the power of the union.