Mohegan Sun says go for broke—even if you really are
Posted on Fri Feb 20 2009
Right now, most Americans' idea of a game of chance is
going to work to see if there's a pink slip stuck to their computer screens.
It's not hitting the slots or the craps table at the nearest casino.
With
discretionary spending but a quaint memory, gambling resorts across the country
are losing their shirts: Revenues are down nearly 5 percent at Minnesota's 17
casinos; Donald Trump's three Atlantic City properties are in the bankruptcy;
and in Vegas some 50,000 hotel-room nights have been cancelled in the last six
weeks alone. The industry's
tactical response to troubles like these usually takes the form of giveaways
and heavy discounting. But if there's one big no-no in the hospitality
biz-which trades heavily on fantasy and escapism-it's admitting that things are
bad. Well, don't tell that to the marketing folks at Mohegan Sun. The gambling
mecca in the Connecticut hinterlands has just introduced something it calls the
"Stimulus, Recovery and Rebound Package."
Hmmm. No need to wonder
what that's all about. Is this package still a lot of giveaways and heavy
discounting? Sure, but it's got a recession theme-aimed squarely at a new breed
of customer: the budget-conscious high roller. The minimum bet at the black
jack table has been dropped to just five bucks. Half- and even quarter-cent
slot machines have hit the gaming floor, too. Meanwhile, the Sun is hoping to
recapture some of the fast-disappearing expense-account trade with its
"Business Bail Out" program, which includes free gaming lessons for
corporate clients.
Hell, even the GM brass could justify that kind of
getaway.
—Posted by Robert Klara


