Schenectady’s Rivers Casino’s 12th week in operation generated its worst revenues figures so far: GRR $2,237,542. That was 11.6% lower than its prior worst week, which ended April 16. Slots dollars were the lowest yet. And, last week’s poker dollars were down from the prior week:
Despite revenues going down for the 8th time in 10 weeks, Rivers Casino’s Schenectady General Manager, Mary Cheeks, had this conversation with TU food columnist Steve Barnes:
Q: How has Rivers performed in its first three months, and how does that compare to company projections?
A: I have no complaints. We’re still in ramp-up mode, so I’m fine with what we’re achieving so far, and we’re making changes as warranted.
Also:
Q: What do your demographics show about where Rivers patrons are coming from?
A: Primarily from the Capital Region, but surprisingly enough to me, as someone who’s been in this business for 27-plus years, is the large amount we have coming from beyond 120 miles. Since the casino’s hotel isn’t open yet, we’re assuming most of them are day-trippers, not lodgers.
Q: The casino operates 24 hours a day. Is there really enough business to warrant that?
A: Yes.
Q: For example, on average, how many patrons are on the gambling floor at 3 a.m. on a Monday or Tuesday?
A: I’d have to guess at least 300, but it’s not just for gambling. [restaurants and lounge also open]
- Personal Note: Why am I not a journalist? I do not have the poker face to deal with statistics-free generalities or half-answers, much less the unanswered questions.
Also, have you wondered about the size of payouts at Rivers Casino Mohawk Harbor:
Q: What is the biggest largest payout at Rivers so far?
A. It was $47,000 on a slot machine.
Q: What was the biggest at the Philadelphia and Pittsburgh casinos in the 5 years that you handled both of them?
A. In Pittsburgh, $150,000, ad $100,000 in Philadelphia.
- For more information and discussion about revenues at the Mohawk Harbor Casino, see our posting on April 7, 2017, which has relevant charts and links; short URL: http://tinyurl.com/RiversDown .