Re: And maybe not (504 Views)
Posted by:
TGJB (IP Logged)
Date: March 29, 2004 04:37PM
I don't understand a lot of that-- why would there be an 8% drop in handle? And if what you meant was an 8% drop in takeout, why would someone getting the lower takeout care why he gets it, or who else does? But I'll tell you this--
The only reason that Barry Scwartz's takeout reduction did not have even more dramatic results is that the big players, who are the most price sensitive, happened to be moving, at exactly the same time, to rebates. If this dumb legislation in NY goes through, it may IN THE LONG RUN work out well for the game because there will be a MAJOR reduction in handle that everyone will notice. That's what I'm talking about-- the only way to make legislators understand is to beat them over the head with numbers that show the handle is price sensitive.
TGJB