Hotel Kick-backs to Tournament Promoters

[lfigueroa]

Not in the modern version of Caesar's Entertainment. I did casino hotels earlier in my career and I had one group at Caesar's in Las Vegas, but this was not my specialty. Earlier in my career I did groups in Las Vegas, but I avoid them now if possible. I concentrate on high end resort meetings with the vast majority in Hawaii.

Las Vegas is definitely a seller. I don't know if it's the largest convention city in the world in terms of usable meeting space and rooms, but from my experience it's right up there.

Vegas is one thing, but I would suggest -- having had GS tell me details of the situation for the DCC and the late SBC -- that dealing with a casino which is located in a market with little competition in terms of rooms and space, is a different kettle of fish.

Lou Figueroa

 

[Kid Dynomite]

I know the three regional tours that I've played on, the TD's took in about 1500 for about 28-30 hours of work at the tournament and however many hours promoting the event in the weeks bulking up to it. Even if they only spend an average of 5 hours a week for 2 weeks leading up to it, that's 40 hours of work for 1500. (That's with a good turnout for the tournament.). A little over 40 an hour... Not the 300 an hour you are purporting. And that is before expenses.

Again, find the old thread and you will see! Unless, they deleted the thread!

This was addressed before and old news. 1500 for 30 hours is 50 an hour. 6hrs day one 4hrs day 2= 10hrs or $150 an hour! Still very hefty sum.

But, hey continue to down play it.

Kd

 

[KRJ]

Again, find the old thread and you will see! Unless, they deleted the thread!

This was addressed before and old news. 1500 for 30 hours is 50 an hour. 6hrs day one 4hrs day 2= 10hrs or $150 an hour! Still very hefty sum.

But, hey continue to down play it.

Kd

Right, only 30 hours to get a big tournament together ?? And whatever they make, good for them, they should make money on it. Otherwise, who in their right mind wants the headaches. Nobody here is stepping up doing all that work for free.....

 

[Dagwoodz]

Again, find the old thread and you will see! Unless, they deleted the thread!

This was addressed before and old news. 1500 for 30 hours is 50 an hour. 6hrs day one 4hrs day 2= 10hrs or $150 an hour! Still very hefty sum.

But, hey continue to down play it.

Kd

1.If it's old news why bring it up again?

2. I don't need to look up the old threads.

I used to work those tournaments so I know much of the work that goes into it. Not saying there aren't those that skate and do as little work as you are accusing. But the tournaments I was at, it was a solid 12-15 hours both days. (Edit: that's 12-15 each day, not total)

 

[Kid Dynomite]

1.If it's old news why bring it up again?
I did not bring it back up but used it as an example
2. I don't need to look up the old threads.
Then why engage in conversation if you are oblivious to any supporting facts other than those that support your point of veiw???
I used to work those tournaments so I know much of the work that goes into it. Not saying there aren't those that skate and do as little work as you are accusing. But the tournaments I was at, it was a solid 12-15 hours both days.

god fella's give it a break!!!

Here

http://forums.azbilliards.com/showthread.php?p=2880183&highlight=tournament#post2880183

Have fun reading!!!

KD

 

[bdorman]

Las Vegas is definitely a seller. I don't know if it's the largest convention city in the world in terms of usable meeting space and rooms, but from my experience it's right up there.

Last I remember Las Vegas and Orlando FL were neck-in-neck for meeting space and hotel rooms. Chicago, Atlanta, San Diego are near the top. NYC has lots of hotel rooms but large meeting space (non-Javits Center) is hard to find.

 

[Banks]

Either somebody puts on a tournament and you go, or they put on a tournament and you don't go.

If anybody's going to nickel and dime this to death, they should just put on their own tournament.

Do you go up to the bar and ask how much they pay per keg, then complain about the upcharge all night long?
Do you tell a friend you'll give them gas money, then ask for change from $5?
Do you go out to dinner and ask them how much the aioli costs to make?
Do you ask an artist how much their canvas was?
Do you tell folks at the gas station that the delivery driver makes too much?

Nothing but crying.

I hope they make money. A lot of money! The more profitable it is, the more they will want to host. The more they host, etc..

Seriously, people are just concerned with the wrong things here.

They should fill up all of the rooms and get as much in kick-backs as they can! That means they've done a damn good job selling a tournament. If the people enjoy it and feel it is worth their time, they'll be back and I guarantee you, there won't be a room filled with people wondering if the room charge included a kick-back.

 

[Chicagoplayer]

Used to Live in Columbia!

I doubt it is as simple as Fran suggests. I live in Columbia Missouri and there are plenty of hotels here but no pool tournaments. If promoters were raking in truckloads of cash there would be big tournaments every weekend all over the country.

___________________________________________

Off Topic:
Is The Blue Note, Booches and Trattoria Strada Nova still there?

 

[TATE]

Vegas is one thing, but I would suggest -- having had GS tell me details of the situation for the DCC and the late SBC -- that dealing with a casino which is located in a market with little competition in terms of rooms and space, is a different kettle of fish.

Lou Figueroa

Pool tourneys are low end business because of the lack of organized banquet business and low room rates. There are not too many decent hotels willing to bend over backwards, or even accept, this kind of business. All hotel contracts are risky business. Typically once you sign, a promoter is guaranteeing room revenue and banquet minimums for most of the contract. Groups like this would usually have to accept the worst time period (ie. July in Las Vegas), the least popular destinations (ie. Reno), or both. Basically they have to find hotels deperate to fill otherwise empty rooms (or casino's) and fight the discounting that will eventually undermine the rates.

 

[Mark Griffin]

Damn Lyn -

PLEASE get your facts straight.

ACS LOST 1/3 of their size when they moved from the Riviera to the Tropicana.

I wish all you experts would analyze what you say before you post. There are so many moving parts that there is no way we can get true information as to shy people come or not. Also the expenses are like a moving target.

PLEASE try it for yourself. I promise I will attend.

Mark Griffi

Excellent point. BCAPL faced that question when they moved from the Riv to Rio. Did the attendence drop because of the new month? The new venue? The airline / fuel price rise? Too high venue prices? Hate to admit it but your unorganized comment is spot on.

ACS actually gained entries after moving from the Riv to Tropicana. Don't know what to attribute that to.

Lyn

 

[CocoboloCowboy]

Damn Lyn -

PLEASE get your facts straight.

ACS LOST 1/3 of their size when they moved from the Riviera to the Tropicana.

I wish all you experts would analyze what you say before you post. There are so many moving parts that there is no way we can get true information as to shy people come or not. Also the expenses are like a moving target.

PLEASE try it for yourself. I promise I will attend.

Mark Griffi

Mark part of the problem is most of the people who have contributed to this thread do not have a clue what it cost to be in business, much less understand a balance sheet if they look at one.

So they only see you and your Company as this budsiness taking inn all this money, and do not see the other end of the deal. The out go of money beforecyou finally have aprofit be in big, small or red ink.

Plus I know you have zero intension of opening up your book to your critics,as they arte for your eyes only.

Sure is fun being a rich, and powerful business owner is it not? For me it was, but it was also many sleepless night from this little thing called stress.