AxelWolf
AxelWolf
Joined: Oct 10, 2012
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January 4th, 2018 at 1:53:35 PM permalink
Quote: Mikey75

I heard the investors didn't get their green cards and cut off their funding. Don't know how true that is and I'm sure various stories will come out about the closure.

I thought that was SLS?
♪♪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♪♪
Boz
Boz
Joined: Sep 22, 2011
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January 4th, 2018 at 1:54:13 PM permalink
Quote: Mikey75

I heard the investors didn't get their green cards and cut off their funding. Don't know how true that is and I'm sure various stories will come out about the closure.



Now Trump has killed casinos in 2 states!
Mikey75
Mikey75
Joined: Mar 1, 2013
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January 4th, 2018 at 3:00:32 PM permalink
Quote: AxelWolf

I thought that was SLS?



I think your right Axel. I had the two confused.
MrV
MrV
Joined: Feb 13, 2010
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January 4th, 2018 at 3:55:39 PM permalink
Stupid question, perhaps, but here goesL Do wealthy Asians still come to Las Vegas to play baccarat like they once did?

One would think that the new casinos opening at Macao would have pretty much ended that.
"What, me worry?"
terapined
terapined
Joined: Dec 1, 2012
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January 4th, 2018 at 4:38:27 PM permalink
Quote: MrV

Stupid question, perhaps, but here goesL Do wealthy Asians still come to Las Vegas to play baccarat like they once did?

One would think that the new casinos opening at Macao would have pretty much ended that.



All casinos are catering to wealthy Asians
Even here in little ol Tampa
Our Seminole Hard Rock Casino caters to Asians. Asian food and Asian games such as Pai Gow tiles. A part of the casino is dedicated just to Asians.
WOV supports censorship. Bring back free speech challenging lies.
MaxPen
MaxPen
Joined: Feb 4, 2015
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January 4th, 2018 at 4:40:05 PM permalink
The whole thing was a green card scam. 120 families funded 500k for total 60million. You have to have a 500k at risk investment that employs 10 people for a year to get a permanent green card. You automatically get the permanent green card if the project fails after first year.
That is why they had more workers than players on the floor 90% of the time. Unfortunately there was free play lost. I had just used a comp in the Ocean place. Uggggh.....the food was to Chinese for me.(sort of an inside joke)

The bigger question is how much Chinese gang money was laundered during their existence.
FleaStiff
FleaStiff
Joined: Oct 19, 2009
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January 4th, 2018 at 6:20:02 PM permalink
Quote: MaxPen

The whole thing was a green card scam.
The bigger question is how much Chinese gang money was laundered during their existence.


Investors wanted a Green Card and an ongoing business, but it was probably a scam from the beginning. I mean any casino that can't put up a few signs about 'main entrance' just ain't trying to get customers.
Ayecarumba
Ayecarumba
Joined: Nov 17, 2009
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January 4th, 2018 at 7:25:03 PM permalink
Supposedly they are re-organizing and will re-open within 6 months. If they can hang on until the Genting mega-resort opens across the street, they may be okay in the long run.
Simplicity is the ultimate sophistication - Leonardo da Vinci
MaxPen
MaxPen
Joined: Feb 4, 2015
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January 4th, 2018 at 9:08:51 PM permalink
They have 6 months or they lose their license.
I wonder what is going to happen to the progressives?
Mission146
Mission146
Joined: May 15, 2012
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January 4th, 2018 at 9:23:32 PM permalink
Quote: MaxPen

They have 6 months or they lose their license.
I wonder what is going to happen to the progressives?



As I understand it, they could open for as little as a day in a limited capacity and it would qualify. I could be wrong, though. Isnít that what they did to keep the Las Vegas Club and Mermaids licenses going?
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219

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