Klondike Casino cited for low capital
Quote: beachbumbabsI think about 50 of us should pool our money and buy the place. We can give new games a trial (after the mathies verify they're viable, of course), have a place to hang, fix it up into a fun joint. Would a friendly British/Irish pub be a good theme, with good drafts, shepherd's pie, a few gaming tables, and the slots along the walls? lol...
I'm sure you're kidding. And I have no money. But I'd gladly quit my job, move to Vegas, and work for equity...
ROFLMAO!Quote: MoosetonYou pull up. You park in an unevenly paved parking lot with weeds growing in the cracks. You think about leaving but decide to check it out anyways. You go in. You see a hall of machines turned off. You immediately feel like you've entered some weird closed casino in a dream like state. You feel the urge to give a bum $1 to help him out but there's nobody there. You want to turn around but curiosity takes the better of you so you keep walking. You see a bar and surprisingly a bartender. ---
This will be you're story to finish if you choose to check it out.
Turn to page 62 if you choose to put $5 in a slot.
Turn to page 46 if you choose to order a drink.
Quote: FleaStiff
I wish I had the money to buy it. I could probably find a few winos I could scrub up and have them sign affidavits to my good moral character.
Quote: rdw4potusI'm sure you're kidding. And I have no money. But I'd gladly quit my job, move to Vegas, and work for equity...
Maybe FLEASTIFF could loan RDW some of his winos as references !
As our first order of business, I suggest our marketing campaign would be to hire some students studying the film industry from out of So Cal (or better yet make them unpaid interns !), and have a reality TV show. Great way to drum up some business ? We could also set our slots very loose, advertise that, and still make money letting them run on auto-pilot, right ?
OK, I looked this up so our due diligence is done.
http://www.lasvegassun.com/news/2012/jun/22/lawsuit-filed-over-planned-sale-klondike-sunset-ca/
Quote: beachbumbabsI think about 50 of us should pool our money and buy the place. We can give new games a trial (after the mathies verify they're viable, of course), have a place to hang, fix it up into a fun joint. Would a friendly British/Irish pub be a good theme, with good drafts, shepherd's pie, a few gaming tables, and the slots along the walls? lol...
I would join in if you would be willing to pay for the licensing. That cost will be much greater than the price to buy it. I would estimate $50k to $100k per person for licensing a non-restricted location.
Quote: rdw4potusI'm sure you're kidding. And I have no money. But I'd gladly quit my job, move to Vegas, and work for equity...
I would do the same. I think Steve Wynn once said that in order to make money in a casino, you need to own it.
I last stopped in the Klondike Sunset in early 2012 (last time in Vegas for me). On every trip, we avoid the strip, and enjoy our gambling at low roller hole in the walls such as this. I played 10 cent roulette, while my woman played a slot machine. We were the only 2 customers in the establishment, but it was probably a Tuesday at 2pm or so. Friendly little dive that could use some sprucing up, not to mention a bit of marketing.
Personally, I'd find a niche for it. Call it the vintage slot machine hall of fame (similar to Pinball hall of fame), and procure the oldest video and reel slots one can find. I'd try to get Sigma Derby in there too, along with a couple of ancient mechanical machines.
As a slot player, I miss some of the early video slots that have somewhat disappeared for the newer, more advanced machines.
Think about it, no one has done this kind of niche yet in Vegas, and I'm kind of surprised. The closest I've seen are the ancient coin dropper VP machines at the Eastside Cannery (if they are still there). When you win, the coins automatically fall out, immediately. No cash out button, and does not accept bills. I thought I read somewhere that they preserved these machines from the Nevada Palace due to their popularity.
I'm sure there's a niche for it. A small niche...but still.
Perhaps if they offered an "old fashioned single deck" game, and other old fashion games (no idea what they'd be).....it could get at least a small group in there.
Unfortunately, most players prefer the new fancy stuff....and I'd imagine you'd get more players with fancy new stuff than old fashioned rusty machines.
