Harrah's [now Caesars, the Gambling Company with $20 BILLION debt], determined that 90% of their profits originated from 10% of their patrons - most of that from slot machines, most of that from Slot Barns around the nation as they suck discretionary income from the local economies.
Although they generously fund studies, polls and focus groups to determine elegant, euphemistic terms, like calling Gambling gaming to pretend it's something it isn't, a Slot Barn is a Slot Barn, just as they're proposing in East Boston.
Caesars' exec: Don't call Baltimore casino 'slots parlor'
Baltimore Business Journal by James Briggs, Reporter
Date: Friday, September 14, 2012
- James Briggs
- Reporter- Baltimore Business Journal
File photo
A rendering of the planned Harrah's Baltimore casino.Baltimore City will not be getting a slots parlor.
That’s the view of city leaders, as well as CBAC Gaming LLC, a partnership that includes Caesars Entertainment and Rock Gaming.
Sure, CBAC still plans to build and operate the $310 million Harrah’s Baltimore, a 3,750-slot casino off Russell Street, just south of M&T Bank Stadium. But the term slots parlor has been banished from CBAC’s vocabulary.
“We unabashedly call it a casino,” said Greg Miller, the senior vice president of development for Caesars.
It remains to be seen whether Harrah’s guests will be able to play games beyond slots machines.
Voters Nov. 6 will decide whether to allow a new casino in Prince George’s County, as well as whether to allow table games across the state, including Harrah’s.
Regardless of the outcome of that referendum, Kim Clark, the acting Baltimore Development Corp. president, said city leaders consider Harrah’s a casino.
“I call it a casino because that’s a heck of a lot easier to say than video lottery facility,” Clark said, referring to the official term used by the state for a slots-only venue. “And it sounds much, much better than a slots parlor.”
http://www.bizjournals.com/baltimore/blog/real-estate/2012/09/caesars-exec-dont-call-baltimore.html
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