BCL
Engineer
I'm pretty sure a lot of the buses are subsidized - especially the chartered coaches that serve Asian communities. I've seen $50 round trip fares, where they won't make money without some other income. I've heard that the Greyhound "Lucky Streak" buses that drop off passengers at specific casinos do get some sort of subsidy. The passengers can also get bonuses like bonus play or special casino chips (ones that can't be directly cashed but must be played at a table game).Wait, Greyhound gets paid by casinos?It was noted that improvements needed would be costly. As it stands now, people want to fly in or drive in, and much of the bus service to Las Vegas is subsidized by the casinos.There are about 36,000.000 people a year use just i15 alone and another 3.7 million fly between LA and LV. A very sizable volume to be ignoring.Las Vegas is not Atlantic City. Even with the economic downturn there, Vegas has a much larger population, more diverse economy than many people realize, gets a lot more convention business, and has a huge number of people who travel from Southern CA to Vegas. What has likely kept Amtrak from actively pursuing a LA to Vegas corridor service is lack of spare equipment, I would guess lack of strong interest by Nevada, and the cost of the track upgrades that UP wants.Considering the struggle and demise of Amtrak's Atlantic City service, they probably weren't interested in going down that road again...
If the X-Train plans happen, LVRE has agreed to put $27 million in escrow to pay UP for initial track improvements and provide an additional $29 million in 2 years for more improvements. The LVRE X-Train service will also be able to take advantage of BNSF and UP track projects in Southern CA that are being undertaken for Metrolink and Transcon freight service. There are start-up costs that someone has to pay for.
I've actually played with such chips (something like $30 value for $10 cash), although it was a coupon promotion. They were a little bit odd looking, and whenever I lost they took them and dropped them in the cash box. When I won they paid out in negotiable chips. So I'd just play them until I didn't have any more, and by that point I had more than I paid for the original chips.