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Free drinks, people in tank tops on drugs, and everyone is losing money: are casinos the new WeWork?

WeWork can’t do everything, but they do two things really well: liquor up a bunch of underqualified knuckleheads and provide a roof over which these knuckleheads can lose thousands, even millions, of dollars – which begs the question: are casinos the new WeWork? The answer…is yes, casinos are in fact the new WeWork!

Let’s take a look at the data:

  • Casinos have free alcohol and no one is counting the drinks. WeWorks have free alcohol and no one is counting the drinks.
  • Casinos have groups of impeccably-dressed Japanese men huddled together yelling at one another. WeWorks have groups of impeccably-dressed Japanese men huddled together yelling at one another.
  • Casinos have a bunch of nerds from MIT with secret algorithms. WeWorks have a bunch of nerds from Cornell with secret algorithms.
  • Casinos: free food. WeWorks: you guessed it, free food.
  • Casinos: have a bunch of weird loners who don’t seems to have a group and try to latch onto yours. WeWorks: have a bunch of weird loners who don’t seems to have a group and try to latch onto yours.
  • Casinos: full of cigarette smoke. WeWorks: full of Juul mango vape plumes.

That’s right – your WeWork is one giant casino, only the house is also losing money.