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Hard Rock making major changes after takeover.

May 22nd, 2011 at 9:49:48 AM permalink
gofaster87
Member since: Mar 19, 2011
Threads: 3
Posts: 445
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May 22nd, 2011 at 11:22:17 AM permalink
teddys
Member since: Nov 14, 2009
Threads: 100
Posts: 2721
Thanks for the report.
"If you can make one heap of all your winnings / And risk it on one turn of pitch-and-toss / And lose, and start again at your beginnings / And never breathe a word about your loss..." -Rudyard Kipling
May 22nd, 2011 at 11:29:11 AM permalink
gofaster87
Member since: Mar 19, 2011
Threads: 3
Posts: 445
......
May 22nd, 2011 at 11:50:50 AM permalink
pacomartin
Member since: Jan 14, 2010
Threads: 544
Posts: 6192
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.
Wine loved I deeply, dice dearly -Edgar, betrayed son of Gloucester in King Lear
May 22nd, 2011 at 4:06:47 PM permalink
gofaster87
Member since: Mar 19, 2011
Threads: 3
Posts: 445
.....
May 22nd, 2011 at 6:40:54 PM permalink
pacomartin
Member since: Jan 14, 2010
Threads: 544
Posts: 6192
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.
Wine loved I deeply, dice dearly -Edgar, betrayed son of Gloucester in King Lear

 

Bovada is the only Internet casino endorsed by the Wizard.
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