pacomartin
pacomartin
  • Threads: 649
  • Posts: 7895
Joined: Jan 14, 2010
January 14th, 2010 at 4:17:19 PM permalink
Just a point of curiosity. Hooters probably has the highest ratio of non-gaming to gaming revenue on the strip. It's pretty close to 3:1. But their gaming revenue is in the low $20 millions for the year. That is a fraction of most of the locals casinos.
- Such low revenue didn't justify the cost of the purchase of the building and the operating expenses. It was an expensive building to try and sell buffalo wings.
Wizard
Administrator
Wizard
  • Threads: 1518
  • Posts: 27037
Joined: Oct 14, 2009
January 14th, 2010 at 4:51:08 PM permalink
I think they bought the building at a bad time, when business in Vegas was booming. It would not surprise me if that place goes the way of the dodo bird.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
Croupier
Croupier
  • Threads: 58
  • Posts: 1258
Joined: Nov 15, 2009
January 14th, 2010 at 6:38:25 PM permalink
Hope it doest go that way before the end of June, got a coupon for $200 free slot play i was hoping to use.
[This space is intentionally left blank]
pacomartin
pacomartin
  • Threads: 649
  • Posts: 7895
Joined: Jan 14, 2010
January 24th, 2010 at 5:55:01 PM permalink
The small or old casinos around the Las Vegas strip cumulatively add up to a billion dollar a year business (gaming and non-gaming). Although dwarfed by the main resorts on the strip that is still a fairly big business. Only a handful of movies have ever made a billion dollars.

Hooters, Tropicana, Riviera, Sahara, Wild Wild West, Terribles, Ellis Island, Casino Royale, Tuscany, Causarina, Slots o Fun, Bill's Gaming Hall, and Hard Rock.

Actually Hard Rock should increase this year with all the improvements.
teddys
teddys
  • Threads: 150
  • Posts: 5529
Joined: Nov 14, 2009
January 24th, 2010 at 7:30:08 PM permalink
Quote: Croupier

Hope it doest go that way before the end of June, got a coupon for $200 free slot play i was hoping to use.



HA!

Those coupons are worthless...!
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
  • Jump to: