Wednesday, June 16, 2010

Punditry without Pontification

Anyone remember the experiment the NFL had many years ago with regular season football games broadcast entirely without commentators?  The video had all the normal 'heads-up' type information on the status of the game: score, down, distance, etc, etc, but there was no Bob Trumpy to tell you what it all meant.   Didn't last long, and local games would always have local analysts... or we would just listen to Cope on the radio.

It came to mind because I was thinking that I will experiment here and put this up entirely without comment on it. The data behind this figure is online here, but this is the trend in total weekly wagering at the two local casinos since the beginning of 2009.  What is there to say? or not say.


Anonymous BrianTH said...

Let's see:

On a minor point, there appears to be some sort of imperfect correlation in the week-to-week fluctuations. So that's interesting.

On a more significant point: one obvious thing to say is that Rivers apparently got unlucky with the timing of their launch. I'm guessing the explanation is the economy (I'd like to see that graphed against consumer confidence, in fact), so maybe local commentary has been a little too focused on particular events, table games, and so forth.

Accordingly, it is probably premature to be drawing too many conclusions about long-term revenues, both in absolute terms and relative to Meadows, since economic conditions are improved but still uncertain and worse-than-usual. Of course we could be in for a slow recovery, so that isn't necessarily comforting analysis in the short run.

Wednesday, June 16, 2010 3:39:00 PM  
Blogger Epanastrophe said...

I'd be interested to see a 'total combined wagering' ---since it's pretty obvious Meadows has gone down since last fall, I'm curious how the amount it's gone down by compares to the amount Rivers is taking in....

Friday, June 18, 2010 12:39:00 PM  

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