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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Bill who wrote (1493335)10/14/2024 10:36:39 AM
From: zax3 Recommendations

Recommended By
Eric
pocotrader
rdkflorida2

  Read Replies (1) | Respond to of 1573690
 
>> I’ve never run a casino, so I really don’t know the dynamics. Obviously, a casino that pays out winnings honestly is more at risk than a cheating casino. Sounds like you’re say Trump was too honest.




To: Bill who wrote (1493335)10/14/2024 2:52:19 PM
From: Bonefish1 Recommendation

Recommended By
longz

  Read Replies (5) | Respond to of 1573690
 
Couldn't compete with native American casinos that pay no taxes.



To: Bill who wrote (1493335)10/14/2024 7:57:50 PM
From: Tenchusatsu3 Recommendations

Recommended By
Brumar89
Eric
pocotrader

  Respond to of 1573690
 
Bill,
I’ve never run a casino, so I really don’t know the dynamics. Obviously, a casino that pays out winnings honestly is more at risk than a cheating casino.
a) Casinos don't have to "cheat" in order to make money off of their games. The rules are known. The odds are known and mathematically proven to be accurate. The cards, the dice, the machines, they are all tested to make sure they are "fair."

b) Moreover, casinos can't afford to "cheat." They HAVE to pay out winnings honestly, or else they'd be in huge trouble with gaming commissioners.
Sounds like you’re saying Trump was too honest.
Honesty had nothing to do with how Trump's casinos failed. It was all about his business plan and execution.

Tenchusatsu

P.S. - And to think that I once looked down upon Cornell's College of Hotel Management, but now I see that the Hotelies were the truly smart ones ...