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NORTON NOTES: AC Could Learn from LV Convention Business
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by Steve Norton
CEO, Norton Management
Las Vegas casinos welcoming new games and new betting options in 2017
Skill based games, e-sports, social gaming at bars, are all great; because they give us new reasons to visit Las Vegas and stay at a Strip Resort. And the rooms department is where most of the profit comes from (over 40 percent compared to the casino's 27 percent). The LV Strip has learned an important lesson, still a secret to most of the other companies in the gaming industry; in that the only department that matters is the casino and gaming.
NORTON NOTES: Baha Mar
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by Steve Norton
CEO, Norton Management
In the Bahamas, a Long-Awaited Opening for Baha Mar Resort
Baha Mar is a wonderful destination resort, like Atlantis. But my concern is that adding 1,800 rooms and soon another 500, is too much for the existing air capacity, and will harm occupancies and average rates of all Nassau/Paradise Island accommodations.
NORTON NOTES: Paradise City will do well in South Korea
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by Steve Norton
CEO, Norton Management
GGRAsia – South Korea’s Paradise City casino resort to open today
Although South Korean casino visitors from China are being severely curtailed, the new Paradise City will not suffer as much as the rest of S. Korea because of its nearness to Seoul, a vibrant city with over 25 million residents. But even though citizens cannot gamble; other than at the Kangwon Land casino; the city has tremendous tourism and company headquarters that attract millions of visiting businessmen, looking for evening entertainment.
NORTON NOTES: AC Charter Flights
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by Steve Norton
CEO, Norton Management
Why are Atlantic City International charter flights on the rise? | Casinos & Tourism | pressofatlanticcity.com
Charter flights by Borgata and Caesars are a great way to bring a limited number of casino players to Atlantic City International Airport; but they can't address our real dilemma.