You didn't have to be a stock analyst to write the epitaph for Caesars and Gary Loveman's genius.
Caesars [formerly Harrah's] desperately needs Boston and other venues to salvage this disaster.
Remember that under Gary Loveman's leadership, Harrah's determined that 90% of their profits originated from 10% of their patrons - that's Gambling Addiction.
Harrah's then targeted, marketed, pursued, comped and schmoozed that 10% to suck as much $$$ from them as possible. Gary Loveman's amoral genius set new standards for the Gambling Vultures.
Sunday, June 23, 2013
Caesars: Casino on the Brink
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