Quote:
Originally Posted by 14ers
Casinos are not in the business to lose money. I think the fine print would read something like this.
1) Gas only available at a particular gas station
2) Gift cards only available in exact amounts. (50 gallon gift cards) Pump 1 or 50 gallons it doesn't matter.
3) Gift cards written in your name.
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You are right, Casinos are NOT out to lose money.
The agreement would go more like this.
Mr. Casino, I want to advertise my struggling gas station and drive in business. I am willing to run a promo that wil assist you and allow me free advertising. I will give you 31k worth of gas to giveaway for 15k dollars.
Then you can give away a 31k prize and it only costs you 15k.
My real cost is probably closer to 20k, I'll write somee off to advertising, I'll offset more with the increased revenue and I'll wager that all the gas will never be used to further drive down my promo cost.
So the casino would have the gas and add the cash option as a legal non-raqueteering escape.