Let them eat cake
They are throwing a party today to mark the one-year anniversary of their slots operation. As anyone who read our Sunday piece knows, they had a pretty good year.
All they took in was a measly $1.7 billion dollars. You read that correctly. Yep, that’s a lot of zeroes. Of course, you have to temper that with the notion that of that amount they atually paid out $1.5 billion. They don’t say how much of what they paid out is simply dumped right back in the machines.
At any rate, they’re throwing a little shindig at the waterfront casino today. If you’re watching your 401K disappear in front of your eyes as the markets go into the toilet and are considering dumping it all into a slot machine, the casino wants you to know you can have your cake and eat it, too.
To mark their first birthday, casino officials will roll out a huge birthday cake this morning. The confection will measure 8 feet by 4 feet and will be rolled out in the casino lobby on the fourth floor at 9:30 a.m.
The public is invited to snag a slice. First come, first served. Of course casino officials are hoping you’ll pick up that slice on your way to your favorite slot machine.
Only a cynic would make a crack about “Let them eat cake.”
Hey, the way the markets look, by the end of the day we might all be eating cake.