Revel going away TR
Quote: aceofspadesJust checked in
Some random pics
I've seen mausoleums with more foot traffic."It's not called gambling if the math is on your side."
Full card 10k three winners
Then again, what another 10K to them?
Quote: aceofspadesTime to play BINGO
Ace, you've found your demographic, you
feel right at home here I bet.
Quote: EvenBobQuote: aceofspadesTime to play BINGO
Ace, you've found your demographic, you
feel right at home here I bet.
It was relaxing indeed
Time to work on Bingo AP
Quote: aceofspades
It was relaxing indeed
Time to work on Bingo AP
Maybe you can pick up one of those
hot blue haired bingo chicks.
Even funnier, that's a real thing.Quote: aceofspadesQuote: EvenBobQuote: aceofspadesTime to play BINGO
Ace, you've found your demographic, you
feel right at home here I bet.
It was relaxing indeed
Time to work on Bingo AP
What dancer are you? girl on the left is kind of hefty. No wonder they are closing.Quote: aceofspadesDANCE BREAK
Quote: AxelWolfWhat dancer are you? girl on the left is kind of hefty. No wonder they are closing.Quote: aceofspadesDANCE BREAK
Hefty...?!? Where? They have beautiful dancers bodies with gorgeous legs
Quote: aceofspadesDANCE BREAK
That's me in the blue shirt, why didn't
speak say hi.
Quote: sodawaterShe'd better get that in cash. No way would I take a check from Revel at this point.
Can she get it in pennies ?
Ultralounge was empty - I checked in there a few times throughout the night and there was a couple playing roulette and one guy playing blackjack
Quote: pacomartinI find it really difficult to believe that no one will buy this place. Sooner or later the price will fall to some value that is attractive.
I guess the problem is the running cost would be too high, regardless of using it as a casino or just as a hotel without the casino.
And you won't get enough customers either way.
The daily quote of a million/day must be hiding something I figure. If it costs that much, it costs that much but you don't hear similar stories from older less efficient buildings as far as I've heard. I just doubt the figures.Quote: pokerfaceI guess the problem is the running cost would be too high, regardless of using it as a casino or just as a hotel without the casino.
And you won't get enough customers either way.
Quote: onenickelmiracleThe daily quote of a million/day must be hiding something I figure. If it costs that much, it costs that much but you don't hear similar stories from older less efficient buildings as far as I've heard. I just doubt the figures.
I don't have definite knowledge of their cost structure, but with the ridiculous 3 story ceiling in the casino, the other large open spaces elsewhere, and the sheer size of the place, I can believe $1M/d.
Quote: onenickelmiracleJust head up to the roulette wheel and bet $30,000 on #9. If you lose, just take back the chips and say you were kidding.
I've seen that happen in roulette, for smaller
amounts. They'll grab the bet back after the
spin and say they made a mistake. I've never
seen a casino give them a hard time about
it. It's usually a min bet. I saw an 'ethinic'
guy grab his bet back and run out the door
at Binions. The dealer just shrugged and said
it happens a lot. That's when they had a table
right at the entrance.
Quote: Dicenor33300 mil for a casino. Divide the amount by one million of shareholders. $300 to by a first class resort. Sounds like a bargain to me. Why not issue shares, make it public.
Would one million people buy the shares?
whet belly up at Bingo.
Quote: EvenBobNothing from Ace today, I'm concerned he
whet belly up at Bingo.
Haha I did not play at all - I hung out and watched some regulars play but the boycott remained intact
Worst hand watched:
Lady playing 3 hands
she is dealt:
K, 9
A, 10
Q,Q
Dealer has an Ace showing
lady takes even money
I root her on stating "You got this!"
Dealer has an Ace up, turns over and Ace, draw a King .draws ..a .
9
Ughhhhh
Quote: pokerfaceI guess the problem is the running cost would be too high, regardless of using it as a casino or just as a hotel without the casino.
And you won't get enough customers either way.
The way I figure it $2.4 billion over 20 years at zero interest is $328,767 per day. At 7% it would be $620,666. Someone mentioned they heard $1 million/day which presumably means finance plus operating expenses.
I find it very difficult to believe that operating expenses alone makes Revel unprofitable. While the financiers are obviously going to take a bath, I can't imagine how it is more profitable to let a brand new multi billion dollar building simply rot, then to run it as a business.
It may be that Trump Plaza and Atlantic City Hotel cannot be operated and need to be razed, but not Revel.
Not a place I would venture.
Quote: AxelWolfWhy not have gaming in the clubs?
I do not think the club has a gaming license
get one.Quote: aceofspadesI do not think the club has a gaming license
Quote: AxelWolfget one.
I wonder what NJ would charge now...
I dont want to knock AC but They should pay you.Quote: tringlomaneI wonder what NJ would charge now...
Seriously if clubs are where all the money is at nowadays, redesign the machines and incorporate some gambling. You have A DJ, a massively drunk crowd, Just pump up the gamblers with promotions. Also Incorporate EZ Cell pone gaming or something, everyone as a cell.
PS. They should be selling raffle tickets at the door. Meet the DJ and win X. Meet Spin and Win raffle
Quote: AxelWolfI dont want to knock AC but They should pay you.
Seriously if clubs are where all the money is at nowadays, redesign the machines and incorporate some gambling. You have A DJ, a massively drunk crowd, Just pump up the gamblers with promotions. Also Incorporate EZ Cell pone gaming or something, everyone as a cell.
PS. They should be selling raffle tickets at the door. Meet the DJ and win X. Meet Spin and Win raffle
I don't think it would work. People go to the club to do club things, not to gamble. When I was there a few weeks ago I played in the Taj at the Almost Angels party pit. The only reason I went in there was because it was the only $10 black jack table that I could find.
It was basically empty and no one was paying any attention to the dancers. I actually sat at a table with a guy dealer because it was the most empty. However, the "club" area had a bunch of people dancing and drinking.
Quote: pacomartinThe way I figure it $2.4 billion over 20 years at zero interest is $328,767 per day. At 7% it would be $620,666. Someone mentioned they heard $1 million/day which presumably means finance plus operating expenses.
I find it very difficult to believe that operating expenses alone makes Revel unprofitable. While the financiers are obviously going to take a bath, I can't imagine how it is more profitable to let a brand new multi billion dollar building simply rot, then to run it as a business.
It may be that Trump Plaza and Atlantic City Hotel cannot be operated and need to be razed, but not Revel.
Finally someone else who agrees with me. No way letting a 2 Billion dollar building sit empty makes any business sense.
Quote: vendman1Quote: pacomartinThe way I figure it $2.4 billion over 20 years at zero interest is $328,767 per day. At 7% it would be $620,666. Someone mentioned they heard $1 million/day which presumably means finance plus operating expenses.
I find it very difficult to believe that operating expenses alone makes Revel unprofitable. While the financiers are obviously going to take a bath, I can't imagine how it is more profitable to let a brand new multi billion dollar building simply rot, then to run it as a business.
It may be that Trump Plaza and Atlantic City Hotel cannot be operated and need to be razed, but not Revel.
Finally someone else who agrees with me. No way letting a 2 Billion dollar building sit empty makes any business sense.
The Pinnacle corporation purchased the Sands Casino in 2006. They paid $270 million and knocked it down. They were going to build a new casino. Instead they saw the future of AC and canceled their plans. They finally sold an empty lot to Boardwalk Piers in 2013 for $30.6 million.
Quote: FatGeezus
The Pinnacle corporation purchased the Sands Casino in 2006. They paid $270 million and knocked it down. They were going to build a new casino. Instead they saw the future of AC and canceled their plans. They finally sold an empty lot to Boardwalk Piers in 2013 for $30.6 million.
Smart move by Pinnacle to cut their losses.
