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New Caesars CEO is "shocked" at lack of casino innovation

Discussion in 'Casino Industry & Development' started by vegasvic, Oct 1, 2015.

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  1. vegasvic

    vegasvic VIP Whale

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    A few interesting tidbits

     
  2. vegasvic

    vegasvic VIP Whale

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    It's always a challenge for a business to try to retain existing customers while trying to attract new customers. I think he's right in that slots are for the "older" players, and you need something to attract the new (younger) players. Of course it doesn't have to be an either/or. But I think you'll find the number of traditional slots decreasing over the next decade.
     
  3. bshowell

    bshowell VIP Whale

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    This will be interesting to see what the response is. I guess something has to be done to increase revenue.
     
  4. h0und10

    h0und10 Low-Roller

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    interesting stuff about appealing to the new crop coming up (the millennials) I hope the CWs over serve me when I am sitting at one of the "skill based" games lol
     
  5. pleepleus

    pleepleus 2016 - The monkey is back

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    I hope this isn't the type of innovation he's looking for which was showcased at G2E this year...
    [video=youtube;-1L57K-vbwY]https://www.youtube.com/watch?v=-1L57K-vbwY[/video]
     
  6. Nevyn

    Nevyn VIP Whale

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    Well, most people on here have hated every Vegas change catering to millenials so far.

    One guess how changes to the gambling will go over ...
     
  7. paperposter

    paperposter VIP Whale

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    stripers , they need to add stripers , thats my recomendation
     
  8. SH0CK

    SH0CK Stylin' and Profilin' Quasi Tech Admin

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    Candy stripers?
     
  9. Ernie Vegas

    Ernie Vegas Low-Roller

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  10. broncofn

    broncofn VIP Whale

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    Is that supposed to be based off of that dance video game? Looked kind of similar lol
     
  11. pleepleus

    pleepleus 2016 - The monkey is back

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    They actually have an avatar component where the dealer becomes virtual.
     
  12. Mafioso

    Mafioso Low-Roller

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    Gambling is how he can increase revenue.
    Add single deck and double deck Blackjack tables that Stay on Soft 17, Double after split permitted, Double on any two cards permitted and re-split Aces up to 4 times.

    Craps with 10 times Odds

    Add a single zero roulette Wheel where every 2 hours for 30 minutes you pay 100 to 1 if player has money on single zero.

    Offer free room comps to players who left
    Comp Dinners more aggressively,

    Be known for something other than a the Joke You have become.

    The only thing you are known for as far as Im concerned is terrible blackjack rules and a great restaurant in only one of your locations and that location is Paris and the restaurant is Ramsay Steak.
     
  13. JeJas

    JeJas VIP Whale

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    I don't think the industry needs to attract the young. People are aging and changing.
    Do you think the millenials will not gamble when they are 70 years old? nonsense! they will be the same as today's 70 years old.
    By then, the casinos will be different, slot machines will be different, some games will be different, but the fundamental thing will be the same.
     
  14. dmr

    dmr Registered Abuser

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    Look at how different slot machines are here and now in 2015 compared to, say, 1978.

    Table games are more or less the same, other than increased minima and a few such sucky items like 6:5.
     
  15. leo21

    leo21 VIP Whale

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    They know millenials like table games. I don't know why the interest is in drawing them to slots when there is intersest in tables. And with the student loan debt issue, they will not be gambling like previous generations no matter what they do. The casinos need to make sure their existing customers are happy, too.
     
  16. dutchvelvet

    dutchvelvet VIP Whale

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    You know what mlilennials really want?

    Fun dealers. Clean cheap rooms. Fair games. Fast and good drinks. Good comps. Attractive members of the opposite sex at the clubs. That's it.

    You don't need to cater you just need to provide the best version of the product you already have. I could care less about a dancing slot machine or a "pop up" casino within the casino. Just give me a good dealer and a smooth glass of scotch.

    Source: I'm a Millennial
     
  17. Nevyn

    Nevyn VIP Whale

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    I think today's 70 year olds got the itch for gambling when they were 20-30 somethings finding games that appealed to them.

    I think what is concerning vegas people is the millenials not showing as much interest as the 20-30 somethings of the past.
     
  18. saintpauljeff

    saintpauljeff VIP Whale

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    I think this is something most people would like, from all generations
     
  19. thecarve

    thecarve Misanthrope

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    So, is it safe to say that he was "shocked...shocked to find that no gambling was going on in here"?

    Sorry. :rolleyes2:
     
  20. dutchvelvet

    dutchvelvet VIP Whale

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    Exactly. We don't need to be catered to. We just need the product to be good.
     
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