Boz
Boz
  • Threads: 155
  • Posts: 5701
Joined: Sep 22, 2011
May 23rd, 2017 at 4:24:18 PM permalink
https://www.reviewjournal.com/business/casinos-gaming/sls-las-vegas-on-strip-sold-to-merulo-group/

Seems to be a hard draw until someone gives customers a reason to go up that way. If your too tight for the locals, you have no shot in that area with the tourists. Unless your going for the Strat crowd.
GWAE
GWAE
  • Threads: 93
  • Posts: 9854
Joined: Sep 20, 2013
May 23rd, 2017 at 4:41:30 PM permalink
Yay a new chip to get
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
Wizard
Administrator
Wizard
  • Threads: 1491
  • Posts: 26435
Joined: Oct 14, 2009
May 23rd, 2017 at 4:43:54 PM permalink
I'm sorry to hear that as I liked the SLS. It didn't seem very locals friendly but I always had a good time when I visited. As I understand it, they cast their nets towards the young crowd. It seemed to me like an economy version of the Cosmopolitan. However, it was usually pretty empty whenever I was there. Maybe they need to sell rooms at cost, or even below, just to get more exposure and helpfully drive profit elsewhere on the property. Then again, what do I know about running a business?
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Rigondeaux
Rigondeaux
  • Threads: 30
  • Posts: 2549
Joined: Aug 18, 2014
May 23rd, 2017 at 6:07:11 PM permalink
I don't know what can be done. It was a cool looking place and the restaurants are great. Especially Cleo.

It wasn't quite upscale enough to be Cosmo 2.0. You'd have to blow it up and build a new place. But they did make the most of what they had.

Perhaps turning it into a low roller local joint can work. I don't understand the gambling side too much.

Maybe they can make it a hip hop version of the hard rock. Rap concerts every night!
ams288
ams288
  • Threads: 22
  • Posts: 6483
Joined: Sep 26, 2012
May 23rd, 2017 at 6:40:11 PM permalink
I liked it the few times I've strolled through. Gambled a little. Good drink service. Aside from the opening weekend when I walked though, it was always pretty empty.

But yeah - they tried to go for the Cosmo crowd, and it just didn't work out for them.

And I've seen angry rants on other Vegas boards about their high limit room and some of the bad treatment people have received in there...
Ding Dong the Witch is Dead
billryan
billryan
  • Threads: 240
  • Posts: 16282
Joined: Nov 2, 2009
May 23rd, 2017 at 6:40:12 PM permalink
I'm surprised no one has made an effort to capture the Hispanic/Latino crowd. Not only is the local population yuge, but lots of wealthy visitors. When I'd visit with my Columbian friends, they were amazed a city this big had such mediocre entertainment aimed towards the Spanish speaking population.
The difference between fiction and reality is that fiction is supposed to make sense.
Boz
Boz
  • Threads: 155
  • Posts: 5701
Joined: Sep 22, 2011
May 23rd, 2017 at 6:46:05 PM permalink
Quote: billryan

I'm surprised no one has made an effort to capture the Hispanic/Latino crowd. Not only is the local population yuge, but lots of wealthy visitors. When I'd visit with my Columbian friends, they were amazed a city this big had such mediocre entertainment aimed towards the Spanish speaking population.



See Key Largo 15 years ago. Of course the homeless burned it down.
monet0412
monet0412
  • Threads: 9
  • Posts: 627
Joined: Feb 18, 2016
Thanked by
bobbartop
May 23rd, 2017 at 7:09:05 PM permalink
Quote: Boz

See Key Largo 15 years ago. Of course the homeless burned it down.



I miss Key Largo... good gamble over there. I was sad when they shut the doors.
Boz
Boz
  • Threads: 155
  • Posts: 5701
Joined: Sep 22, 2011
May 23rd, 2017 at 7:20:52 PM permalink
Quote: monet0412

I miss Key Largo... good gamble over there. I was sad when they shut the doors.



Yea it seems like worlds ago. I'm sure you and others on here have good stories to tell. I made money off their fun books at a time going of strip was an adventure for me.
billryan
billryan
  • Threads: 240
  • Posts: 16282
Joined: Nov 2, 2009
May 23rd, 2017 at 7:47:33 PM permalink
Quote: Boz

See Key Largo 15 years ago. Of course the homeless burned it down.



I don't remember them catering to a Latin crowd. In any event it was a small local casino ,as I recall, not a resort.. Much smaller than the old Teribles.
The difference between fiction and reality is that fiction is supposed to make sense.
Boz
Boz
  • Threads: 155
  • Posts: 5701
Joined: Sep 22, 2011
May 23rd, 2017 at 8:06:47 PM permalink
Quote: billryan

I don't remember them catering to a Latin crowd. In any event it was a small local casino ,as I recall, not a resort.. Much smaller than the old Teribles.



https://en.m.wikipedia.org/wiki/Key_Largo_(hotel_and_casino)

Yea not mentioned here but most locals of the time remember it as a place that catered to Hispanics.

Or the AP's who remember it in fond memories.
JohnnyQ
JohnnyQ
  • Threads: 262
  • Posts: 4021
Joined: Nov 3, 2009
May 24th, 2017 at 3:43:07 AM permalink
Quote: monet0412

I miss Key Largo... good gamble over there. I was sad when they shut the doors.

Only went in there several times, do didn't play much there. Would walk by when we stayed at TUSCANY and walked to the Strip. Good cheeseburger in their diner if I recall correctly.
There's emptiness behind their eyes There's dust in all their hearts They just want to steal us all and take us all apart
100xOdds
100xOdds
  • Threads: 638
  • Posts: 4256
Joined: Feb 5, 2012
May 24th, 2017 at 7:09:22 AM permalink
Quote: Boz

https://www.reviewjournal.com/business/casinos-gaming/sls-las-vegas-on-strip-sold-to-merulo-group/

Seems to be a hard draw until someone gives customers a reason to go up that way. If your too tight for the locals, you have no shot in that area with the tourists. Unless your going for the Strat crowd.


I was wondering how it was doing.
I guess not well.

with the closing of the Rivera that end of the Strip seems like it's on it's last legs.
Much like the Taj Mahal end of the Boardwalk in Atlantic City.

How does the Stratosphere stay in business?
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
Ayecarumba
Ayecarumba
  • Threads: 236
  • Posts: 6763
Joined: Nov 17, 2009
May 24th, 2017 at 7:56:21 AM permalink
In a couple of years, the Resorts World will open, which should pump up traffic on the north end of the Strip. It looks like Lucky Dragon is trying to hold on until then, so perhaps SLS should also rebrand for a Chinese/Asian target market? "Little Malaysia" anyone?
Simplicity is the ultimate sophistication - Leonardo da Vinci
rdw4potus
rdw4potus
  • Threads: 80
  • Posts: 7237
Joined: Mar 11, 2010
May 24th, 2017 at 3:58:46 PM permalink
Quote: Ayecarumba

In a couple of years, the Resorts World will open, which should pump up traffic on the north end of the Strip. It looks like Lucky Dragon is trying to hold on until then, so perhaps SLS should also rebrand for a Chinese/Asian target market? "Little Malaysia" anyone?



I'm surprised they didn't try that the first time. Clean and modern with mildly Asian influenced decor is a theme for at least some of their hotels.
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
100xOdds
100xOdds
  • Threads: 638
  • Posts: 4256
Joined: Feb 5, 2012
July 6th, 2017 at 5:03:14 PM permalink
new SLS owner to rename casino back to "Sahara"?
https://www.reviewjournal.com/business/casinos-gaming/sls-las-vegas-rewards-program-rebranded-as-homage-to-sahara/

SLS spent $415M renovating.
Wonder how much they lost since opening in 2014, including this sale?
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
AxelWolf
AxelWolf
  • Threads: 164
  • Posts: 22272
Joined: Oct 10, 2012
July 6th, 2017 at 9:15:17 PM permalink
Does anyone know the exact date of the sale?
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
Ibeatyouraces
Ibeatyouraces
  • Threads: 68
  • Posts: 11933
Joined: Jan 12, 2010
July 6th, 2017 at 9:24:18 PM permalink
According to the article, the name change is just a rumor at this point but wouldn't doubt it happening. As for the players club, they immediately run your name to see if you are databased as an AP.
DUHHIIIIIIIII HEARD THAT!
Hozdaddy
Hozdaddy
  • Threads: 0
  • Posts: 11
Joined: Dec 26, 2017
December 26th, 2017 at 1:12:48 PM permalink
I liked it, nice décor/atmosphere, friendly dealers. Bought in for $300 at a $10 craps table and received free room offers in the mail.
Zcore13
Zcore13
  • Threads: 41
  • Posts: 3808
Joined: Nov 30, 2009
December 26th, 2017 at 3:21:10 PM permalink
Quote: Wizard

Maybe they need to sell rooms at cost, or even below, just to get more exposure and helpfully drive profit elsewhere on the property. Then again, what do I know about running a business?



Sounds like Imperial Palace's strategy. We know how that worked out.


ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
bobbartop
bobbartop
  • Threads: 133
  • Posts: 2594
Joined: Mar 15, 2016
December 26th, 2017 at 4:59:03 PM permalink
Quote: JohnnyQ

Only went in there several times, do didn't play much there. Would walk by when we stayed at TUSCANY and walked to the Strip. Good cheeseburger in their diner if I recall correctly.



If I recall, 5X points, FPJW (coins?), 101%, etc., pretty good play when I started out. I've got some good pictures somewhere on my hard drive.
'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.
  • Jump to: