Casino rolling program May 07,  · Las Vegas discussion forum - Chip rolling and its effect, page 1.



Founded in by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. When looking at earnings from gaming companies, trying to casino rolling program out what all of the numbers mean can be confusing. Revenue and net income are easy enough, but luck plays a role and companies throw out terms casino rolling program "rolling chips" and "drop" like casino rolling program everyday terms.

So, let's take a look at what link numbers mean and how they impact earnings reports. How the house works There are generally three categories in any earnings reports: Mass market is simple enough: It's the average person who walks into a casino and puts money down at a table or into a slot machine.

VIP players play on credit and use what are called rolling chips. Slots are just that -- slot machines. Casino rolling program what the terms and numbers mean.

Slots Before we dive into the all-important VIPs, let's start with slots. Einer where is the winstar casino oder every company reports the same data, but full disclosure would include the following.

Below I have two examples, one from Las Vegas Sands ' NYSE: LVS Venetian Macau and the other from Wynn Resorts ' NASDAQ: WYNN Las Vegas operations. Note that all numbers in this article are from third-quarter because not all companies have reported fourth-quarter results. You can see that hold percentage in The Venetian Macau casino rolling program lower than that at Wynn Las Vegas, a typical difference between Las Vegas and Macau.

Las Vegas Sands' U. To put these numbers into some perspective, MGM Resorts NYSE: MGM expects slot hold percentage to be 7. This is what casino rolling program known as the "drop," "table game drop," or sometimes "non-rolling casino rolling program drop. Win is usually expressed as a percent of drop, which also corresponds to revenue. Below are mass market drop numbers from three casinos in Macau, including Melco Crown 's NASDAQ: MLCO City of Dreams. I've also included the expected win percentage for companies that publish such data.

Think about these win percentages next time you enter a casino. Where the big bucks are made In recent years, investors have become focused on rolling chip drop, or VIP play in Macau's casinos.

Usually this is done with a junket, a company that will borrow a player's money and collect a cut of their losses from the casino. In Macau, junkets sometimes operate their own rooms, but no matter the arrangement, VIP players use rolling chips, which can't be cashed out directly for cash -- you have to gamble them.

Rolling chip drop or volume is the amount of rolling chips wagered and dropped casino rolling program the table like cash is dropped. Casino rolling program are paid out in cash-equivalent chips.

A casino records revenue based on how much of the rolling chip play is lost. Here are a few examples. With VIP play accounting for a vast majority of casino revenue in Macau, you can see why this win percentage can create very volatile earnings from quarter to quarter.

When reading gaming earnings, check this out that rolling chip drop is the casino rolling program as volume or turnover. Different companies use different terms, but they mean the same thing. How to use this data Even the small sample I've provided above can be used by investors. You can see casino games casino play now Wynn Resorts generates a large amount of revenue from VIP tables and The Venetian generates far less.

On the flip side, The Venetian is a huge mass market location, as spin diesel review City of Dreams, whereas Wynn Macau is not. Over the past year we've seen VIP play in Macau slow and mass market play pick up. This casino rolling program why these two companies have seen earnings grow more than Wynn Resorts. These detailed numbers tell the story.

Making things difficult Not all companies report the same numbers, and some don't report much of anything at all. While most companies in Macau report a fair amount of data about gaming trends, MGM Resorts doesn't reveal much data about its operations. CZR doesn't report much detail at all, not even about its largest Las Vegas operations. On the flip side, Las Vegas Sands is the most transparent, providing VIP, mass, and slot volume and win percentages at each of its casinos.

Hopefully this overview will help next time you see all of these numbers in a company's earnings report. Fool contributor Travis Hoium owns shares of Wynn Resorts, Limited. You can casino rolling program Travis on Twitter at FlushDrawFoolcheck out his personal stock holdings or follow his CAPS picks at TMFFlushDraw. The Click to see more Fool has no position in any of the stocks mentioned.

Try any of our Casino rolling program newsletter services free for 30 days. We Fools may not all hold the casino rolling program opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Travis Hoium has been continue reading for fool. Skip to main content The Motley Fool Fool. Premium Advice Help Fool Answers Contact Us Login. Casino rolling program Stock Picks Stocks Premium Services. Stock Advisor Flagship service. Rule Breakers High-growth stocks. Income Investor Dividend stocks. Hidden Gems Small-cap stocks. Inside Value Undervalued stocks. Learn How to Invest. Credit Cards Best Credit Cards of Best Credit Card Sign-Up Bonuses Best Balance-Transfer Credit Cards Best Travel Credit Cards Best Cash-Back Credit Cards Best No-Annual-Fee Credit Cards.

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Casino rolling program

Founded in by brothers Tom and David Gardner, The Motley Fool helps millions of people casino rolling program financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. When looking at earnings from gaming companies, trying to figure out what all of the numbers mean can be confusing. Revenue and net income are easy enough, but luck plays casino rolling program role and companies throw out terms like "rolling chips" and "drop" like they're everyday terms.

So, let's take a look at what those numbers mean and how they impact earnings reports. How the house works There are generally three categories in any earnings reports: Mass market is simple enough: It's the average person who walks into a casino rolling program and puts money down at a table or into a slot machine. VIP players play on go here and use what are called rolling chips.

Slots are just that -- slot machines. Here's what the terms and numbers mean. Slots Before we dive into the all-important VIPs, let's start with slots. Not every company reports casino rolling program same data, but full disclosure would include the following. Below I have two examples, one from Las Vegas Sands ' NYSE: LVS Venetian Macau and the other from Wynn Resorts ' Casino rolling program WYNN Las Vegas operations.

Note that all numbers in this article are from third-quarter because not all companies have reported fourth-quarter results. You can see that hold percentage in The Venetian Macau was lower than that at Wynn Las Vegas, a typical difference between Las Vegas and Macau.

Las Vegas Sands' U. To put these numbers into some perspective, MGM Resorts NYSE: MGM expects slot hold percentage to be 7. This is what is known as the "drop," "table game drop," or sometimes "non-rolling chip drop. Win is usually expressed as a percent of drop, which also corresponds to revenue. Below are mass market drop numbers from three casinos in Macau, including Melco Crown 's NASDAQ: MLCO City of Dreams. I've also included the casino rolling program win percentage for companies that publish such data.

Think about these click percentages next time you enter a casino. Where the big bucks are made In recent years, investors have become focused on rolling chip drop, or VIP play in Macau's casinos. Usually this is done with a junket, a company http://lylibellule.biz/casino-online-svizzera.php will borrow a player's money and collect a cut of their losses from the casino.

In Macau, junkets sometimes operate their own rooms, but no matter the arrangement, VIP players use rolling chips, which can't be cashed out directly for cash casino rolling program you have to gamble them.

Rolling chip drop or volume is the amount of rolling chips wagered and dropped at the table like cash is dropped. Winnings are paid out in cash-equivalent chips. A casino records revenue based on how http://lylibellule.biz/casino-pay-with-phone-bill.php of the rolling chip play is casino rolling program. Here are a few examples.

With VIP play accounting for a vast majority of casino revenue in Macau, you can see why this win percentage can create very volatile earnings from quarter to casino rolling program. When reading gaming earnings, remember that rolling chip drop is the same as volume or turnover.

Different companies use different terms, but they mean the same thing. How to use this data Even the small sample I've provided above can be used by investors. You can see that Wynn Resorts generates a large amount of revenue from VIP tables and The Venetian generates far less.

On the flip side, The Venetian is a huge mass market location, as is City of Dreams, whereas Wynn Macau is not. Over the past year we've casino rolling program VIP play in Macau slow and mass market play pick up.

This is why these two companies have seen earnings grow more than Wynn Resorts. These detailed numbers tell the story. Making things difficult Not all companies report the same numbers, and some don't report much of anything at all. While most companies in Macau report a fair amount of data about gaming trends, MGM Resorts doesn't reveal much data about its operations.

CZR doesn't report much detail at all, not even about its largest Las Vegas operations. On the flip side, Las Vegas Sands is the most transparent, providing VIP, mass, and slot volume and win percentages at each of casino rolling program casinos. Hopefully this overview will help next time you see all of these numbers in a company's earnings report.

Fool contributor Travis Hoium casino rolling program shares of Wynn Resorts, Limited. You can follow Travis on Twitter at FlushDrawFoolcheck out his personal stock holdings or follow his CAPS picks at TMFFlushDraw. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

Click here Motley Fool has a disclosure policy. Travis Casino rolling program has been writing for fool. Skip to main content The Motley Fool Casino no minimum. Premium Advice Help Fool Answers Contact Us Login. Latest Stock Picks Stocks Premium Services. Stock Advisor Flagship service. Rule Breakers High-growth stocks.

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May 07,  · Las Vegas discussion forum - Chip rolling and its effect, page 1.
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The Commonwealth Casino Commission has authorized a rolling chip program with recently approved junket regulations. Edward C. Deleon Guerrero, commission executive.
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Although other casinos have tried the program on a limited basis for special VIP guests, the newer Lucky Dragon Casino in Las Vegas is the first to offer a rolling.
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