Casino Service Dangers

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Presentation Description

Casinos are facing some real dangers. This presentation outlines 5 of them.

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Presentation Transcript

Slide 1: 

Will you be prepared? The 5 Dangers… Robinson & Associates, Inc. Martin R. Baird CEO

This could all be wrong… : 

This could all be wrong… But what if it’s not…

The Positive Side : 

The Positive Side V

The Other Side : 

The Other Side

The 5 Dangers You Face : 

The 5 Dangers You Face

Slide 6: 

1

Slide 8: 

CNN March 1, 2010

Slide 9: 

If you make one dollar every second, you will have a million dollars in twelve days. You will be a billionaire in 32 years, but it will take you more than 31,000 years to make a trillion dollars.

Slide 12: 

Unemployment

Underemployed : 

Underemployed WASHINGTON, D.C. -- Gallup's daily measure of U.S. employment reveals that 19.9% of the U.S. workforce was underemployed during the month of January, translating to close to 30 million Americans who are working less than their desired capacity. Those who were underemployed reported spending 36% less than those who were employed

Slide 14: 

2

No Bottom YET! : 

No Bottom YET! CEO of Quicken Loans Bill Emerson says that home prices will not appreciate by much for the next five years. We have not hit bottom. March 5, 2010

Slide 17: 

The aggregate dollar value of negative equity was $801 billion 11.3 million, or 24 percent, of all residential properties with mortgages, were in negative equity at the end of the fourth quarter of 2009

Personal Debt : 

Personal Debt

Slide 21: 

3

Competition : 

Competition

Number of Gaming Positions : 

Number of Gaming Positions

Gaming Revenue : 

Gaming Revenue

2005-2009 by the Numbers : 

2005-2009 by the Numbers

Competition2000-2009 : 

Competition2000-2009

Slide 27: 

4

TAXES : 

TAXES

QUIZ : 

QUIZ North Dakota Montana Only 2 States Projected Not To Have a Deficit 2009-2010

Turning To Casinos2008 Election Results : 

Turning To Casinos2008 Election Results Colorado voters backed the expansion of table gaming and betting limits at casinos Missouri voters approved the end of "loss limits" during casino sessions. Delaware's legislature has legalized sports betting in casinos Pennsylvania and Illinois are moving to place video poker machines in bars.

Slide 32: 

5

The “S” Curve Business Cycle : 

The “S” Curve Business Cycle If you know where you are on the curve… you already know what is coming next

Slide 34: 

More To Think About

Additional Factors : 

Additional Factors Internet gaming International economic situations… Greece Oil Product and Demand US Consumer Spending +70% of US economy… How much do people that have to spend after taken pay cuts or lost jobs? Possible Tax Law Changes International Conflicts

Slide 36: 

Next Steps

Slide 37: 

Decisions…

Slide 38: 

If anything, the tough economy has made starker the difference between companies that put customers first and those that sacrifice loyalty for short-term gain. Stark Reality

Slide 39: 

1 in 3 people come to a brand through personal recommendations 76% of people don’t believe marketing 92% of consumers rate word of mouth as best source of information Customer Advocacy is #1 influence on purchase decision

Slide 40: 

As long as some risk exists in your mind, and as long as the potential costs of not taking action are outweighed by the costs of taking action, then it makes sense to take action. Think About it

This all could be wrong… : 

This all could be wrong… But what if it’s not…

Slide 42: 

Thank You!

Additional Information : 

Additional Information