What is happening right now is that the player base for both casinos and affiliates alike has shrunk. The casinos are not happy because they want to continue to run the joint as usual, without reducing expenses. So the perfect way is to have the affiliates absorb the present losses for one of the properties applied to all the different properties at once. This frees up extra money on a monthly basis as profits are not paid out.
Not so sure if I agree with that. Most casinos are taking a bit of pain, and I can name at least four groups that have laid off people and are taking big steps to reduce costs and I would say this is probably the case with most. I have friends who have lost their business (and a very good one it was) because of this.
I think to say that we are absorbing the losses is taking it a bit far.
I am not defending VA. All I am saying os that we cant; expect things to continue merrily as if nothing has changed.