The Movable Buffet: Dispatches from Las Vegas by Richard Abowitz

« Palms Place to open without Britney | Main | Palms Place opens with wow amid Vegas woes »

Managing pays well, dealing pays better

10:50 AM PT, Jun 2 2008
Trop4 Forbes.com offers a list of the most surprising six-figure jobs and  missed the story a bit by including "gaming managers," who "plan, organize, direct, control or coordinate gaming operations in a casino. Formulate gaming policies for their area of responsibility." The article notes that Nevada is the top state for this occupation. Anyone really surprised that being a casino manager on any level has a six-figure compensation?  But Forbes.com missed the more interesting story: At many of the casinos on the Strip there are problems finding dealers willing to move up into management. The reason: Thanks to tip pooling, the dealers already are generally out-earning their supervisors. In fact, to fix this problem Steve Wynn attempted to give his mangers a cut of the tip pool in violation of Vegas tradition. The result: Less than a year later, rallied largely by this issue, Wynn's dealers became among the few on the Strip to vote to unionize.

So yes, maybe it surprising to outsiders that "gaming managers" can break 100k (though I was more surprised when Forbes revealed that the average gaming manager garners only $69,600). But more surprising is that often in Las Vegas staying outside management pays even better. (Photo by Richard Abowitz)
Bookmark it:  Digg It!    Del.icio.us!

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/t/trackback/532456/29693828

Listed below are links to weblogs that reference Managing pays well, dealing pays better:


Add a comment
If you are under 13 years of age you may read this message board, but you may not participate.
Here are the full legal terms you agree to by using this comment form.

Comments are moderated, and will not appear until they've been approved.

If you have a TypeKey or TypePad account, please Sign In






ADVERTISEMENT


Subscribe
to Blog:
MyLATimes
More RSS Readers
Categories