Hard Rock making major changes after takeover.

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Thanks for the report.

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Interesting.

Hard Rock was a small but very profitable lifestyle resort. The property was sold and went bankrupt trying to upgrade it to a major gambling destination. Now it seems as if the new owners are renovating the casino for the 2nd time within two years to make another try for the gamblers.

At the same time, the Cosmopolitan and the Venetian/Palazzo seem to have given up on being high limit gambling destinations, and are trying to be profitable as lifestyle resorts.

Maybe they should try to duplicate the efforts of the Tropicana in Atlantic City and permit people to play $50K per hand.

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Quote: gofaster87

The reasoning behind the high limit room move is too allow young gamblers to be seen in there.

Hmm. The last management said that they wanted to cater to Asian gamblers that were merely "rich" as opposed to the mega-whales going to Wynn. They said that these gamblers craved quiet and privacy where they could 'work' without distraction. They deliberately hid their high level room from public view.

As long as everyone is in agreement with the policy that works.