Land-based Casino Gambling in Florida

[Matt J]

That's an old trick - gambling will bring high paying jobs to your area - the reality is that those jobs are typically entry level - maids, dishwashers, cleaning staff, not casino execs.

Per Salary.com, even if you count all their possible benefits a Vegas blackjack dealer makes less than $50k a year - after taxes they're cashing a weekly paycheck of less than $500.

Salary.com?s Salary Wizard?- Do you know what you're worth?

Well I believe salary.com got it wrong. We both know a former dealer who made about that 20 years ago on a casino boat. ;-) I've met her friend who is a Vegas casino dealer and enjoys a very nice income. While it has dropped with the economy he's not starving and ramains well over the $50,000 average. That weekly check doesn't include the tips they get every day.

 

[scooterbug44]

Check out the link - their base pay is about a third of their salary - the rest is bonuses/tips.

All I'm saying is that I've already gone through this elsewhere, and a decade later they're still waiting for all those high paying jobs they were promised to materialize! :roll:

 

[Matt J]

Check out the link - their base pay is about a third of their salary - the rest is bonuses/tips.

All I'm saying is that I've already gone through this elsewhere, and a decade later they're still waiting for all those high paying jobs they were promised to materialize! :roll:

I'm going to assume you are referencing your home town/state. Remember though that a view of beaches usually wins over dairy cows. ;-)

 

[SHELLY]

Starting in January 2009, I'll bet these folks aren't tossing their money in the slots or on the gambling tables....and there's more to come:

Jan. 29: Eastman Kodak (nyse: EK - news - people ) took a $137 million Q4 loss and will cut up to 4,500 jobs, up to 18% of workforce.

Jan. 29: Textron (nyse: TXT - news - people ) subsidiary Cessna Aircraft will increase layoffs from 2,600 to 4,600, to be completed by April.

Jan. 29: Ford Motor's (nyse: F - news - people ) credit subsidiary cuts 1,200 jobs, about 20% of its workforce.

Jan. 29: Black & Decker (nyse: BDK - news - people ) will eliminate 1,200 jobs as power tool sales decline and Q4 earnings plunge.

Jan. 29: ESPN, part of the Walt Disney Co., (nyse: DIS - news - people ) will cut 200 jobs and Disney-ABC Television Group will release 400 to cope with weak economy.

Jan. 28: Boeing (nyse: BA - news - people ) increases previously announced layoffs--bringing total to 10,000 workers, or 6% of the companys workforce.

Jan. 28: Starbucks (nasdaq: SBUX - news - people ) organizes closings at 900 stores worldwide and fires 6,700 in the process.

Jan. 28: Target (nyse: TGT - news - people ) cuts 400 open positions and 600 employees on sagging sales.

Jan. 27: Time Warner's (nyse: TWX - news - people ) AOL reduces workforce by 10% (700 workers) as it fights declining ad revenue.

Jan. 27: Cabinet company Merillat--a subsidiary of Masco (nyse: MAS - news - people )--cuts 20% of workforce (70 workers).

Jan. 26: Texas Instruments (nyse: TXN - news - people ) pink-slips 3,400 (12% of workforce).

Jan. 26: Lincoln National (nyse: LNC - news - people ) posts five quarterly declines in profit; cuts 540 (5% of workforce).

Jan. 26: Caterpillar (nyse: CAT - news - people ) announces quarterly profit plunge of 32%; fires 20,000.

Jan. 26: Following the acquisition of the small drug outfit Wyeth for $68 billion, Pfizer (nyse: PFE - news - people ) closes five factories and cuts 15% of total workforce (19,000 workers).

Jan. 26: Sprint Nextel (nyse: S - news - people ) pink-slips 8,000 workers--recording more than $300 million in severance charges but saving $1.2 billion a year in labor costs.

Jan. 26: Home Depot (nyse: HD - news - people ) closes high-end home design shops and slims ranks at headquarters; dismisses 7,000.

Jan. 26: General Motors (nyse: GM - news - people ) cuts production at several plants and fires 2,000 in Michigan and Ohio.

Jan. 23: Abercrombie & Fitch (nyse: ANF - news - people ) cuts 50 from headquarters as company leans expenses.

Jan. 23: Harley-Davidson (nyse: HOG - news - people ) sees 60% drop in profits in fourth quarter of 2008; fires 1,100 (10% of workforce).

Jan. 22: Microsoft (nasdaq: MSFT - news - people ) has first mass layoff in 34-year history; pink slips 5,000.

Jan. 22: Huntsman (nyse: HUN - news - people ) reduces workforce by 9%; cutting 1,175 regular workers and 490 full-time contractors.

Jan. 21: Burlington Santa Fe cuts 2,500 workers (5% of workforce) despite a 19% jump in earnings during the fourth quarter.

Jan. 21: UAL (nasdaq: UAUA - news - people ) fires 1,000 to cut overhead costs.

Jan. 21: SPX (nyse: SPW - news - people ) attempts to sell a business unit and cuts 400 employees to help endure the downturn.

Jan. 21: Intel (nasdaq: INTC - news - people ) closes five manufacturing plants and pink slips 5,000.

Jan. 21: Walt Disney (nyse: DIS - news - people ) offers voluntary buyouts to 600 theme park executives on poor attendance.

Jan. 21: Wynn Resorts wraps up construction on Las Vegas Strip casino with 53-worker layoff in design and construction affiliate.

Jan. 21: Eaton (nyse: ETN - news - people ) brings total workforce reduction since the beginning of last year to 10% with 5,200-worker cut.

Jan. 21: Warner Bros. Entertainment--a part of Time Warner (nyse: TWX - news - people )--cuts 10% (800) of its jobs.

Jan. 20: Clear Channel Communications (nyse: CCU - news - people ) reduces workforce across the entire company by 9% accounting for 1,850 job losses.

Jan. 20: Deere & Co. (nyse: DE - news - people ) dismisses 120 at Iowa plant.

Jan. 16: ConocoPhillips (nyse: COP - news - people ) trims capital spending by 18%, writes off $34 billion and reduces workforce by 4% (1,300 jobs).

Jan. 16: Hertz Global Holdings (nyse: HTZ - news - people ) sets out for worldwide restructuring in first quarter of 2009; cuts 4,000 jobs.

Jan. 16: WellPoint (nyse: WLP - news - people ) reduces workforce by 600 and removes 900 open positions.

Jan. 16: Advanced Micro Devices (nyse: AMD - news - people ) reduces global workforce by 9% (1,100 jobs).

Jan. 15: Xerox (nyse: XRX - news - people ) cuts 275 jobs in New York region.

Jan. 15: MeadWestvaco (nyse: MWV - news - people ) fires 2,000 and plans closings or restructurings at up to 14 plants.

Jan. 15: Autodesk (nasdaq: ADSK - news - people ) expects loss from 2008 fourth quarter; pink-slips 750 (10% of workforce).

Jan. 15: Marshall & Ilsley (nyse: MI - news - people ) cuts 8% of staff (830) in ongoing cost-cutting.

Jan. 15: General Electric (nyse: GE - news - people )'s (nyse: GE - news - people ) jet-engine group cuts 1,000 white-collar jobs.

Jan. 14: Ecolab (nyse: ECL - news - people ) restructures and reduces workforce by 4% (1,000 jobs).

Jan. 14: Delta Air Lines (nyse: DAL - news - people ) gives 2,000 early retirements as part of 8% capacity reduction.

Jan. 14: Motorola (nyse: MOT - news - people ) lays off 4,000 following a 3,000-worker layoff last year; expects savings of $700 million a year.

Jan. 14: Google (nasdaq: GOOG - news - people ) fires 100 hirers as it cuts back on contract workers and temporary employees.

Jan. 13: Cummins (nyse: CMI - news - people ) freezes salaries for the rest of the year and lets 800 go.

Jan. 13: Pfizer (nyse: PFE - news - people ) cuts 800 researchers as it lowers cost in the face of poor performance and coming patent losses.

Jan. 12: Mosaic (nyse: MOS - news - people ) fires 1,000 in Saskatchewan.

Jan. 12: Aircraft maker and Textron (nyse: TXT - news - people ) subsidiary Cessna sends 2,000 packing.

Jan. 12: Best Buy (nyse: BBY - news - people ) clears 12.5% of its headquarters staff with 500-employee layoff.

Jan. 12: Precision Castparts (nyse: PCP - news - people ) dismisses 40 as airline industry continues to struggle.

Jan. 9: Oracle (nasdaq: ORCL - news - people ) reportedly cuts 500 from U.S. sales and consulting businesses.

Jan. 9: Boeing (nyse: BA - news - people ) cuts 4,500 and returns workforce size to what it was in early 2008.

Jan. 9: Freeport-McMoRan (nyse: FCX - news - people ) slices workforce in half at Arizona mine; 1,550 workers let go.

Jan. 9: Smitfield Foods' (nyse: SFD - news - people ) Butterball--the nation's largest turkey company--fires 75 at Missouri plant.

Jan. 8: Union Pacific (nyse: UNP - news - people ) pink-slips 230 as company struggles; stock down 22% year-to-date.

Jan. 8: Navy shipbuilder Bath Iron Works--owned by General Dynamics (nyse: GD - news - people )--dismisses 179.

Jan. 8: Continuing companywide job cuts at Eaton (nyse: ETN - news - people ) hit Iowa, with 78 laid off.

Jan. 8: Walgreen (nyse: WAG - news - people ) cuts 1,000--roughly 9%--from corporate and field manager ranks.

Jan. 7: EMC (nyse: EMC - news - people ) fires 2,400 as it reduces 2009 expenses by $350 million.

Jan. 6: Alcoa (nyse: AA - news - people ) starts global salary and hiring freeze, plans sale of four non-core businesses and cuts workforce by 13% (13,500 jobs).

Jan. 6: Aqua Glass--a subsidiary owned by Masco (nyse: MAS - news - people )--pink-slips 30 employees.

Jan. 5: Cigna (nyse: CI - news - people ) reduces workforce by 4% (1,100 jobs).

Jan. 5: United States Steel (nyse: X - news - people ) cuts 50 jobs as it closes production lines in Texas.

 

[scooterbug44]

Yes, casinos are well known for their large picture windows so you can enjoy the scenery! :roll: These casinos are as likely to be beachfront as they are to bring in high paying jobs.

Seriously though, post a link with an example of gambling bringing in high-paying jobs. I haven't seen it happen on the Mississippi gambling boats, at the dog tracks, or at the Indian casinos.

 

[Matt J]

Hey Debbie Downer, I didn't see MGM Universal on that list. ;-)

 

[Matt J]

Yes, casinos are well known for their large picture windows so you can enjoy the scenery! :roll: These casinos are as likely to be beachfront as they are to bring in high paying jobs.

Seriously though, post a link with an example of gambling bringing in high-paying jobs. I haven't seen it happen on the Mississippi gambling boats, at the dog tracks, or at the Indian casinos.

Have you ever been to Vegas? There's really no comparison between a Vegas strip casino vs. a dog track. :roll:

The point is that if you could build a complex akin to the Wynn on the north side of the bay with high roller access to beach front amenities it would have more of a draw than Vegas.

I realize that the actual casinos aren't built to have a view, but the actual rooms are. ;-)

 

[scooterbug44]

Yes, I've been to Vegas and I've visited most of the major casinos - Bellagio, Venetian, MGM Grand, Caeser's Palace, etc.

I totally agree that there is no comparison between a major Vegas strip casino & hotel and what we are likely to get built here <cough EBRO cough>. ;-)

 

[Matt J]

Yes, I've been to Vegas and I've visited most of the major casinos - Bellagio, Venetian, MGM Grand, Caeser's Palace, etc.

I totally agree that there is no comparison between a major Vegas strip casino & hotel and what we are likely to get built here <cough EBRO cough>. ;-)

2 or 3 years ago the Seminole tribe of Florida had their annual meeting in PCB. Kind of funny when you consider the convention space they own and operate in south Florida. ;-)

 

[SHELLY]

Hey Debbie Downer, I didn't see MGM Universal on that list. ;-)

That was just the announcements for JANUARY 2009--there were others before that:

MGM Mirage layoffs were long-planned
AH&LA SmartBrief | 01/13/2009

This week's announcement of 400 middle-management layoffs at MGM Mirage was in the plans for months: The effort was devised in August in reaction to a stalling economy. The cuts, which largely were in Las Vegas, are expected to save the company millions of dollars each year, the company said, and no additional cuts are expected unless the economy makes another significant dip.

Nov. 6: Five-year-old Atlantic City establishment the Borgata Hotel Casino and Spa--a joint venture between Boyd Gaming and MGM Mirage --sacks 400 employees.

Dec. 4: General Electric's NBC Universal pink-slips 500 (3% of workforce).