Neil Freiman

What was that?

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This isn't the Vegas of old.

So traditionally, here was the breakdown of how a resort and casino would make money.

75% came from gambling.

25% came from other entertainment.

Then the 2000s happened and that ratio completely flipped.

It was 75% money coming from

entertainment and dining and 25% coming from gambling.

So when those when that economics changed, no longer was it viable for for a resort casino to have a buffet as a loss leader.

And that's what these were.