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Old 12th April 2007, 10:51 PM   #2 (permalink)
matt
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Default Good idea. No, GREAT idea!

On Apr 12, 8:17 pm, "CLM in ND" <camarv...@m> wrote:
> Here's a thought I had. Why don't casinos offer gift cards? You
> could redeem them for slot play, chips at a table game, food in the
> coffee shop, gifts & snacks in the gift shop, etc, etc....


Tropicana used to do that, but people exploited it. They bought gift
certificates with credit cards, redeemed the credit cards for chips
and cashed those out. They then got a 1% rebate on their credit card,
so they made money on it and the Trop was losing about 2% on every
transaction.

I guess it would work if you paid with cash. But who goes to Vegas
with extra cash just to buy gift certificates? I drink every last
penny I have with me.

Matt
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