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A professional casino consultant will be able to deliver an initial feasibility for a reasonable price in as little as 10-working days, providing not only a decision point on the idea or opportunity at hand but also delivering a framework for screening future opportunities. Let's look at some of the pitfalls. The "license to print money" myth is a surprisingly popular assumption about casinos and one that seems best payout casinos prevent people from conducting all the usual due diligence and care that would go into say, a shop or best payout casinos opportunity screening exercise. Examples that come to mind follow.
A large casino was developed in a jurisdiction where there are restrictions placed on slot machine maximum stakes. The revenue expectations of the slot machines were heavily relied upon to render the casino viable. When a revenue capacity model was run on the slots by an experienced manager several days before opening, it showed that it was a physical impossibility to generate the required slots income with the number of machines installed. Naturally the casino failed to live up to expectations.
A large casino developed in Britain by a US best payout casinos failed miserably because it did not understand the propensity for live gaming or the mobility of players in the market, whilst a British company failed spectacularly in Las Vegas because it didn't understand the customer and made fatal design flaws. The "James Bond" image is another popular misconception about players and casinos. The Pareto Principle applies heavily to casinos with approximately 80 (or more) of the revenue being produced by 20 (or less) of the visitors.
That 20 does not constitute people who don formal dress for an occasional night out; it's more typified by the frequent visitor who feels at home in the casino in comfortable, casual wear. The un-initiated 5-Star Hotel manager is invariably aghast at the presence in his or her lobby of the "non-James Bond-ness" shall we say, of the casino players. "Where's that casino manager, he's obviously got this all wrong. " And on goes the conflict-of-interests. The feasibility study will enable the corporation to identify these conflicting situations in time to create solutions such as providing a separate casino entrance and differentiating FB standards and prices in the hotel and casino.
I recall an incident where a group of executives went to great lengths to propose the development of a large caravan park in the grounds of a destination casino resort, some 2 hours drive from a major city. The resort had the only casino within 4 hours driving-time of the city. The executives proudly began to present their highly polished and detailed plan to greatly increase footfall to the resort when much to their dismay they were harshly reprimanded by the CEO. They had failed to recognize that the hundreds of caravans on the road would delay the 20 of visitor that produce 80 of the revenue and the significance of such shortening of the gaming session.
The feasibility study will highlight the key drivers of the casino and let you put into perspective the priorities of the business. It will help you avoid fatalserious flaws and give you the best chance of optimizing your opportunity. Now best payout casinos you agree that's an excellent result for 10 days' fees. Smith, DJ "Can You Afford to Skip the Casino Feasibility Study?. " Can You Afford to Skip the Casino Feasibility Study?. Smith, D. (2011, May 31). Can You Afford to Skip the Casino Feasibility Study?. Can We Build an Augmented Reality Gambling Hat System That Works. Recently, I was talking with an expert poker player, and he admitted he'd won big, lost big, and eventually came up with best payout casinos pretty decent, self-made system for playing cards.
Anyway, we got to discussing all this, and he told me he'd copyrighted his methods into an eBook, and began to explain the essence of how it worked, which I found fascinating. He said, or rather I thought I heard him say that he had a new "gambling system hat works," but what he actually said was that he had a new innovative gambling system "that" works. Nevertheless, it reminded me of a previous intellectual scientific dialogue I'd best payout casinos months the prior about augmented reality glasses that the military uses and now a few police departments have them for their police officers, perhaps, you'd seen the new Google Augmented Reality Glasses.
Anyway, I asked Alan Samonte, the eBook author of "The Samonte System: Finally, a gambling system that works," what sort of gambling system "hat" he had, I asked him best payout casinos it was a full on Google style augmented reality system with all the batteries and computer system in the hat, with a micro video camera system in the frames of glasses, then gives you the information, and best way to play each hand, based on Monte Carlo mathematical formulas. What other math formulas are you using. Is your system easy enough for anyone to use without having attended MIT for instance.
Well, by then I was just having fun with him, because I misinterpreted or misheard what he'd said, but either way, it did get my mind in gear to think off-topic, of a new application for the latest invention for augmented glasses. Just think if the kids in the Movie "21" had a system like that when they went gambling in Las Vegas. By the way, I did meet the author of that screenplay, nice guy, and yes, a great movie. Question is, could someone with such a device beat a Champion Best payout casinos Hold'em Player, if they were even allowed to use such a computer system. And if they could would it be a lopsided game just as IBM's Super Computer "Watson" kicked butt over the world champion "Jeopardy" players on TV for all the world to see. Who would win. Could someone like Alan Samonte with his newly devised system beat an AI augmented reality machine.
Who knows, I'd like to see that match actually, it would be fun to watch - Man VS Man with Machine. Math and Science VS Finesse and Skill, all for the ultimate bragging rights and thrill, that would be cool indeed. Interestingly enough, I am a math guy so you know, what can I say. But, I'm also a seasoned entrepreneur playing balls to the wall, no fear tactics, and love to blitz the competition Colonel Boyd apostle style. Meanwhile, I understand the world too, and I do a little technical trading in the markers, and also read the news and feel the pulse of the Marshall McLuhan media mirror of society.
Lance Winslow has launched a new provocative series of eBooks on Future Concepts. Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank; Winslow, Lance "Can We Build an Augmented Reality Gambling Hat System That Works?. " Can We Build an Augmented Reality Gambling Hat System That Works?.