When the mob ran Vegas, they knew they could make their money on the gambling, so the attract gamblers, they gave a lot a away. Now that corporations own a lot of the facilities, their MBA’s tell them that they must make a profit from every cost center.
Same with mortgage lending. It used to be a service of your local state bank. It made a steady profit for the bank and was good for the local community.
Then all the MBA boomers started arriving fresh from college and the goal was to maximize the profit from every cost center. Banks became interstate and home mortgage hustlers.