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.
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!
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...
Quote: billryanI'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.
Quote: BozSee 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.
Quote: monet0412I 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.
Quote: BozSee 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.
Quote: billryanI 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.
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.Quote: monet0412I miss Key Largo... good gamble over there. I was sad when they shut the doors.
Quote: Bozhttps://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?
Quote: AyecarumbaIn 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.
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?
Quote: WizardMaybe 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
Quote: JohnnyQOnly 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.