Glyfair said:In addition, Indy is during the summer when people tend to be free to plan vacations around it. SoCal's timing is such that it will mostly draw local people. Even people who might be free usually are busy with the holidays. Gaming companies are probably doubly concerned, since it usually takes up a couple of weeks of their employees time during the holiday season.
Indeed. If you haven't already done so, I'd highly suggest reading Peter's "open letter" on the whole situation (jodyjohnson's post has the link).
Peter notes the calendar issue as a big one, as well as it being an expensive venue with a difficult union, eroding exhibitor support (which the booth prices certainly didn't help) and lack of attendee growth.
It sounds like he was taking a financial beating on the con anyway, and doing things like lowering the booth prices, or offering one-day badges (as T. Foster wanted; GenCon Indy offers them) probably would have just increased the beating.

At least Peter is a smart-enough businessman to figure out when to stop throwing good money after bad.