QuadDeuces
QuadDeuces
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February 18th, 2012 at 6:06:08 PM permalink
If I read things correctly, on or about April 1, 2012 Rampart Casino is going to change from being managed by Cannery to being self-managed (Hotspur Casinos) with Affinity (Terrible's) as hired consultants.

Any predictions on what to expect?

I'm not hopeful considering what Terrible's has done to their VP.

But maybe it's a chance for the newbie casino managers to make some mistakes?
s2dbaker
s2dbaker
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February 18th, 2012 at 6:09:07 PM permalink
I predict that I will still have never heard of that casino in six months.
Someday, joor goin' to see the name of Googie Gomez in lights and joor goin' to say to joorself, "Was that her?" and then joor goin' to answer to joorself, "That was her!" But you know somethin' mister? I was always her yuss nobody knows it! - Googie Gomez
pacomartin
pacomartin
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February 18th, 2012 at 9:49:22 PM permalink
Quote: QuadDeuces

If I read things correctly, on or about April 1, 2012 Rampart Casino is going to change from being managed by Cannery to being self-managed (Hotspur Casinos) with Affinity (Terrible's) as hired consultants.



Rampart is one of the collection of local casinos that used to make over $72 million in gaming revenue, but as of fiscal year 2011, no longer does. The Cannery management company, and American Casino Enterprises have had all their casinos drop below $72 million.

Sometimes it is not the expectation of a turnaround, it's just a way to cut expenses.

---------------------------------

27333-01 CANNERY HOTEL CASINO (>$72M in FY10)
23624-03 RAMPART CASINO (>$72M in FY09)

03836-03 STRATOSPHERE TOWER (>$72M in FY08)
01344-05 ARIZONA CHARLIE'S DECATUR(>$72M FY08)
13288-02 AQUARIUS CASINO RESORT (>$72M in FY09)

17910-02 TEXAS STATION (>$72M in FY09)

02037-03 CIRCUS CIRCUS HOTEL (>$72M in FY08)
01177-04 IMPERIAL PALACE HOTEL (>$72M in FY09)
01998-04 LAS VEGAS HILTON (>$72M in FY10)
QuadDeuces
QuadDeuces
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February 18th, 2012 at 10:42:24 PM permalink
I really don't care what it means for them. I care what it means for me.

I don't think there is any precedent for Terrible's/Affinity entering into a consulting deal like this one. It'll be interesting to see what it looks like this summer.
Wizard
Administrator
Wizard
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February 19th, 2012 at 4:06:33 AM permalink
That is the closest casino to my house, but I seldom go there. It attracts a very elderly crowd with promotions for gift certificates and various nick-knacks. The staff is nice but for the pure fun factor I'll take the Suncoast or Red Rock any day.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
FleaStiff
FleaStiff
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February 19th, 2012 at 4:41:46 AM permalink
Previously Ramparts appears to have been managed as a casino rather than as a casino-hotel. So now perhaps rooms will be comped and a different market than "local fuddy duddy retirees" will be sought.
teddys
teddys
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March 7th, 2012 at 6:36:45 PM permalink
Sources now say that Michael Gaughan, Jr. (the third generation of Gaughan gamers) will take over the management contract of the Rampart on April 1. This is not the Michael Gaughan who owns the South Point; it is his son. (LVA reported this incorrectly). MG Jr. already manages the J.W. Marriott portion of the hotel. Now, he will take over casino operations as well.

In my opinion, this is welcome news. The South Point is one of the better properties in Las Vegas, and if anything has rubbed off from his father, I expect good things from MG Jr. He has a really nice property to work with, too. I wouldn't hold out much hope for the 100x odds on craps to remain, though.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
Boz
Boz
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March 7th, 2012 at 6:59:27 PM permalink
Quote: teddys

In my opinion, this is welcome news. The South Point is one of the better properties in Las Vegas, and if anything has rubbed off from his father, I expect good things from MG Jr. He has a really nice property to work with, too. I wouldn't hold out much hope for the 100x odds on craps to remain, though.



Doesn't look well run from the "Vegas Stripped" show on Travel. I understand editing and TV drama, but they look like fools who are never ready for anything.
QuadDeuces
QuadDeuces
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March 8th, 2012 at 2:29:50 PM permalink
They just sent a mailer stating the entire property, Rampart Casino + JW Marriott Hotel, is going to be under one management as of April 1.

"all your points and comps will be available for use throughout the Rampart Casino and JW Marriott Hotel."

Signed:

Michael Gaughan Jr.
General Manager
JW Marriott Hotel
AxelWolf
AxelWolf
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January 12th, 2014 at 3:50:52 AM permalink
Quote: QuadDeuces

If I read things correctly, on or about April 1, 2012 Rampart Casino is going to change from being managed by Cannery to being self-managed (Hotspur Casinos) with Affinity (Terrible's) as hired consultants.

Any predictions on what to expect?

I'm not hopeful considering what Terrible's has done to their VP.

But maybe it's a chance for the newbie casino managers to make some mistakes?

Thanks for alerting all the AP's. If you have to ask if there may be an opportunity from this situation, that means most likely you will miss it, especially now that you have alerted all the APs to this situation, anything good will be locked up and you will be shut out.
♪♪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♪♪
Perdition
Perdition
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January 12th, 2014 at 4:00:55 AM permalink
I think this is a 2 year old post someone bumped to viral market their timeshare link. Whatever plays there were would be long gone by now I imagine.
AxelWolf
AxelWolf
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January 12th, 2014 at 4:05:09 AM permalink
Quote: Perdition

I think this is a 2 year old post someone bumped to viral market their timeshare link. Whatever plays there were would be long gone by now I imagine.

I didn't notice that. However possibly someone reading my statement may get the hint.
♪♪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♪♪
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