Firm offers 225m to buy Revel
September 16th, 2017 at 7:11:48 PM
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September 16th, 2017 at 8:06:00 PM
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Straub is just a jerk of epic proportions
No longer hiring, don’t ask because I won’t hire you either
September 16th, 2017 at 8:42:07 PM
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why?Quote: WizardofnothingStraub is just a jerk of epic proportions
bought August 2015 for $82 million.
over 150% profit in 2years.
I say financial savvy
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Lets hear it for the SpeedCount Mathletes :)
September 17th, 2017 at 12:06:19 AM
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Quote: 100xOddswhy?
bought August 2015 for $82 million.
over 150% profit in 2years.
I say financial savvy
Except he was paying interest on the debt, taxes and upkeep on the property. Not nearly 150% profit.
The difference between fiction and reality is that fiction is supposed to make sense.
September 17th, 2017 at 4:20:32 AM
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I think he was mainly paying lawyers and public relations firms. The interest and taxes were probably not all that great.Quote: billryanExcept he was paying interest on the debt, taxes and upkeep on the property. Not nearly 150% profit.
All this reminds of the line in Turks and Caicos, a BBC production involving Bill Nighy and Winona Ryder: "The only money in the world is Dirty Money'. A comment that was made in reference to tax havens and banking havens existing solely to service the billions that have been hidden away and must be brought out as legitimate laundered money.
Some unidentified private equity firm? I wonder who really owns it? Were they the people that were going after him for fines and levies and the like? Is TEN going to be owned by the idiots who ran it into the ground when it was Revel? Was it all intentional mismanagement?
September 17th, 2017 at 6:22:12 AM
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That article says that someone else had offered $220mil in July. Does anyone really believe that Straub was holding out for a mere $5mil more?
I invented a few casino games. Info:
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Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
September 18th, 2017 at 5:47:15 AM
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He paid 30+million for the power plant and it costs about 1m a month just sitting empty for maintanance.
He should take it and run!
He should take it and run!
September 18th, 2017 at 7:30:02 AM
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Quote: DJTeddyBearThat article says that someone else had offered $220mil in July. Does anyone really believe that Straub was holding out for a mere $5mil more?
There's hundreds of reasons why the offer may not have panned out. I'd have to imagine there's a lot of stipulations and due diligence when talking about deals this big.
September 22nd, 2017 at 2:35:43 PM
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Whosoever winds up with the property best of luck!
Hard Rock looked at it and considered the place unworkable.
Hard Rock looked at it and considered the place unworkable.
