That $75 million figure made my bullshit detector start to squawk, so I did the math. The web site says it has a capacity of 4,400 visitors per hour, and assuming $3.75 per ride (if nobody gets the daily pass for $5), it only has to operate at maximum capacity all hours of the day and night, 24/7, for 6 months to bring in that amount of revenue.
So if the profit margin is 50%, the Vegas Loop can make $75 million in a year of continuous operation at 100% capacity. Seems legit. /s
![[image] Sometimes it feels like folks in US would build anything but efficient transit 🤦](https://slrpnk.net/pictrs/image/9fee6912-22f8-44a0-b34c-75dd59e25f54.png){kind=link}
That $75 million figure made my bullshit detector start to squawk, so I did the math. The web site says it has a capacity of 4,400 visitors per hour, and assuming $3.75 per ride (if nobody gets the daily pass for $5), it only has to operate at maximum capacity all hours of the day and night, 24/7, for 6 months to bring in that amount of revenue.
So if the profit margin is 50%, the Vegas Loop can make $75 million in a year of continuous operation at 100% capacity. Seems legit. /s