bobbartop
bobbartop
Joined: Mar 15, 2016
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Ayecarumba
December 20th, 2019 at 9:28:51 AM permalink
Looks like the way is cleared for Phil Ruffin to take Circus Circus and Slot o Fun from MGM. I'm thinking this has got to be a big improvement no matter how you look at it. Especially since MGM sucks. Ruffin's an interesting man. More interesting than MGM's bean counters.
"you're a lying, dog-faced, pony soldier"
Ayecarumba
Ayecarumba
Joined: Nov 17, 2009
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bobbartop
December 20th, 2019 at 10:29:20 AM permalink
It's a huge piece of property that has been unloved for quite some time. I wonder if he plans to really commit all the capital required to bring it up to snuff, or if he is planning to flip it like the Frontier, or cut it up and sell it a chunk at a time?
Simplicity is the ultimate sophistication - Leonardo da Vinci
vegas
vegas 
Joined: Apr 27, 2012
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Ayecarumbabobbartop
December 20th, 2019 at 10:33:01 AM permalink
Ruffin did say he would close the RV park and put in a huge swimming pool on the Circus property where the RV park sits.
50-50-90 Rule: Anytime you have a 50-50 chance of getting something right, there is a 90% probability you'll get it wrong
bobbartop
bobbartop
Joined: Mar 15, 2016
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December 20th, 2019 at 12:33:48 PM permalink
Bring back the Pick'em machines to Slots o Fun. lol
"you're a lying, dog-faced, pony soldier"
TDVegas
TDVegas
Joined: Oct 30, 2018
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bobbartop
December 20th, 2019 at 2:54:59 PM permalink
Relatively speaking, Circus Circus was an absolute cash cow for MGM. Their profit margins were extremely high as it relates to their other properties. Cheap to run, brings in money. Ruffin loved the fact that there is big land and it was generating big profits related to cost.

Place is a dump....to a businessman, he understands one thing. Cash cow.

They did release some plans for a new sand pool and other upgrades. Rooms will likely stay as is. Slots o fun will get renovated. RV Park is to go. Land has huge value to him.
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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December 20th, 2019 at 6:48:32 PM permalink
Quote: TDVegas

Relatively speaking, Circus Circus was an absolute cash cow for MGM. Their profit margins were extremely high as it relates to their other properties. Cheap to run, brings in money. Ruffin loved the fact that there is big land and it was generating big profits related to cost.

Place is a dump....to a businessman, he understands one thing. Cash cow.

They did release some plans for a new sand pool and other upgrades. Rooms will likely stay as is. Slots o fun will get renovated. RV Park is to go. Land has huge value to him.

It was probably all the customers from the the RV park that were generating all the profits for the casino.

If they turn it into a higher-end place where all the Mexicans go? Do other casinos allow 12 family members per room? They should probably leave well enough alone making one peso at a time.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
Ayecarumba
Ayecarumba
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TDVegas
December 20th, 2019 at 11:16:19 PM permalink
Quote: AxelWolf

It was probably all the customers from the the RV park that were generating all the profits for the casino.

If they turn it into a higher-end place where all the Mexicans go? Do other casinos allow 12 family members per room? They should probably leave well enough alone making one peso at a time.



Hmm, I think posting this thought crosses a line.
Simplicity is the ultimate sophistication - Leonardo da Vinci

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