An uptick of 3.33% is anemic, given the overheads involved – – – for Stateline to be down 6.75% is considerably worse, given the increased “investment”, as I feared that another open property would only dilute the existing anemic number of visitors. . .

The increase in attracting the entertained crowd will end up doing the same thing, as going to more concerts (with more acts on top of each other, succeeding one after the other). . . for example, Grateful Dead tickets were averaging over $ 900 across the country, not counting Silicon Valley which has recorded prices of $ 115,000 (!!), so which part of demographics will also drive 100 miles or more (?): the ones that can afford less !

This is not a demographic that bodes well for Tahoe, as ‘affording less’ may actually mean a ‘shoestring’ that doesn’t include much “gaming”, but they will take up the available space anyway. . .

As all venues in Northern California have reached the same conclusion – to book heavy – we’ll see how that local limit works out. . .in any increase in numbers.