Will PYD ever entertain - Slot Machine Routes ?Got to thinking -
I remember PYD stating awhile back - they wanted to get into - Route Slot Machine operartions -Louisiana - truck stop - restaurants - and i was thniking - would it be far more profitabe - than when compared to casinos and floor lease space and competing for the attention of consumers - while vying amongst the competitors slot placements ?
I wonder what the $$$$$ profit would be be - if one were to do the $$$$$ comparables -
Route operations @t small venues @ hotels @ restaurants etc.... VS Casinos?
Would it be just a straight percentage give and take when dealing with restaurants or hotels ? And when one compares the exuberant floor lease costs all up front and placing machines along side competitors - in casinos- i would love to see the stats on that....
Perhaps route operations would prove more profitable ? Who knows -
But it sounds appealing - weighing the comparables - and suppose the restaurant or hotel - has a high turn over of BUSINESS CLIENTS - OvVER NIGHT CLIENTS - DRAW FROM NEARBY COMMUNITY GOOD POPULATION - it sure sounds good - and i'd be happy if pyd entertained this - type of placement -
I could easily - see a ball room or banquette hall converted - into a sizable casino filled with slots - simply - convincing the hotel with a simple question and survey - how much do you earn in hall rentals ? VS - how much they could make if converted to small casino - with 100 - 200 slots ? I'd rather pyd do this - than pay big floor leases- which cuts into the revenues -
Why doesn't PYD target Hotels?
Ya never know - there just maybe a few out there - that would consider converting some of their floor space ( ball room ) which has little attention or can't turn a prfit in rentals - or that goes unused - the only obstacle would be the licensing -
I've even seen golf and country clubs convert or add a casino to thier establishment - theres another idea - but i think hotels would be far better - higher turn over of consumer traffic - capitolizing on the consumer whose bord at night - looking to pass the time - and have some fun - imagine a hotel with only pyd's slots ????? Their SLOTS would have no competition - they'd get all the attention vs placing in a casino amongst other competitors - the trick would be to secure the right establishement that has a ton of turn over with clients - throw some live entertainment at the hotel - a few food venues -and boom - rock the night away.
Target marketing at its best !
Maybe pyd will bring this idea to fruition - after al lit was their original business plan - they should at try it out - to avert the high flooe lease costs - sink 250k on some second slots - place 100 machines - and give it a whirl - set a temporary contract based on performance - have a back up establishment - just incase - to pull the slots and re restablish elsewhere - if the restaurant or hotel has limited reception - sometimes small is better - smaller can sometimes outperforms bigger - .smart business moves.....
Cheers !