onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
  • Threads: 212
  • Posts: 8277
June 19th, 2014 at 9:32:53 PM permalink
I've been hired to save them. 4:5 bj and 2500 royal 5/5 video poker everywhere starting monday. Change machines will change your money into thin air(with free fragrance).
Follow me: https://www.heavensgate.com/
sodawater
sodawater
Joined: May 14, 2012
  • Threads: 64
  • Posts: 3321
June 19th, 2014 at 9:38:42 PM permalink
Revel just mailed me an offer for a free salad bowl and a MYSTERY GRAB-BAG.

I wonder if the grab-bag is filled with shredded bankruptcy documents.
onenickelmiracle
onenickelmiracle
Joined: Jan 26, 2012
  • Threads: 212
  • Posts: 8277
June 19th, 2014 at 9:55:31 PM permalink
Quote: sodawater

Revel just mailed me an offer for a free salad bowl and a MYSTERY GRAB-BAG.

I wonder if the grab-bag is filled with shredded bankruptcy documents.

The grab bag might actually be cool. I got those before filled with extra inventory of all kinds of stuff I actually liked.
Follow me: https://www.heavensgate.com/
Venthus
Venthus
Joined: Dec 10, 2012
  • Threads: 23
  • Posts: 1110
June 19th, 2014 at 10:43:07 PM permalink
Quote: onenickelmiracle

The grab bag might actually be cool. I got those before filled with extra inventory of all kinds of stuff I actually liked.



I suspect the Grab Bag actually has more interesting stuff since everybody would assume they're junk and wouldn't bother going out of their way to pick it up.

(...Like the last scratch-off promo I got. 500$FP, and I didn't bother because I didn't feel like walking across the parking lot in 100+ weather, damn it...)
Boz
Boz
Joined: Sep 22, 2011
  • Threads: 155
  • Posts: 5701
June 20th, 2014 at 9:13:16 AM permalink
AC jobs were going to be lost no matter what based on the expansion of Gambling in the East over the past 10 years. However with proper management from Day 1, Revel would have made it and others would have had to close. This place could have been Borgata Number 2 if they would have known what they were doing. Instead they hired Kevin DeSanctis who made it clear to players he didnt need them. He upset many potential customers that he alone was responsible for the changing of the casino landscape in AC.

I believe that if Revel was run right from the start, we would be looking at 5-6 casinos left standing in AC today, instead we have Revel possibly closing the door.

This is the legacy of Kevin DeSanctis and his cronies.
kewlj
kewlj
Joined: Apr 17, 2012
  • Threads: 212
  • Posts: 4299
June 20th, 2014 at 9:28:53 AM permalink
It is truly stunning (and sad) how mismanaged the Revel has been since day 1.

The project never made sense. There are two issues: 1) the economic crash of 2008 and 2) the decline of AC even before that.

This project started BEFORE the 2008 crash, so you can make a case that that wasn't part of the plan, but the project stalled. It was revived AFTER the crash with the bad economy. I don't believe it should have been revived. Fontaine Blue in Vegas remains permanently stalled. If a project no longer makes sense, you don't complete it just because it is partially complete.

The decline of AC was underway long before the Revel project began. Competition from nearby states....a whole variety of reasons why AC was on a continuing decline. The last thing AC needed was a new casino. And anyone who thought that a new fancy casino was going to make a difference, doesn't understand this industry, nor this market.

And the third thing, as I mentioned Revel mismanagement. They didn't seem to think they needed to do any kind of marketing to compete for the dwindling AC market share. They seemed to be under the impression that "if you build it, they will come". Yes, they will come once to take a look. But it takes marketing and fair gambling conditions to get them to come BACK.

At this point, I don't know if Revel can be saved, with new ownership/management. I do hope so.
GWAE
GWAE
Joined: Sep 20, 2013
  • Threads: 93
  • Posts: 9854
June 20th, 2014 at 9:46:04 AM permalink
A place like the showboat need a renovation. It would probably be cheaper for them to buy the Revel for 30 mil then turn around and sell the assets out of the showboat for a few mil. Then sell it to MJ group people for 10 mil with no gaming license. They will be out 10 mil for a brand new casino that they can rename showboat. Seems like a smart move to me, but I am poor and had a failing business so what do I know.
Expect the worst and you will never be disappointed. I AM NOT PART OF GWAE RADIO SHOW
strictlyAP
strictlyAP
Joined: Jun 20, 2012
  • Threads: 116
  • Posts: 983
June 20th, 2014 at 9:55:19 AM permalink
i seriously think I could put together 60 people with 500k each and make this work-
The bet will not be paid- not now not ever
mickeycrimm
mickeycrimm
Joined: Jul 13, 2013
  • Threads: 62
  • Posts: 2299
June 20th, 2014 at 10:16:10 AM permalink
Quote: Dicenor33

These CEOs are college trained, you need someone like Binnion or Winn, or Loughlin.



There is a rumor in Laughlin that there is a tunnel from the Riverside to the bank so they don't have to carry Don Laughlin's money in public. All those joints sprung up around him and he wouldn't let one of them out do him. He just kept adding things on. The south tower with the no smoking casino, the six screen movie theater, the bowling alley, kids care. He wouldn't let one of them other casinos get bigger than him. And the all time event: When Harrah's came to town they proposed a bridge across the Colorado to be funded by the public and placed on the south side of the casino district. Don Laughlin walked into the meeting and said "I'll pay for the bridge. The public doesn't have to pay for anything. And by the way, we're going to put the bridge on the north side of the casino district, right next to my place, assholes. If you don't like it then kiss my ass."
"Quit trying your luck and start trying your skill." Mickey Crimm
mickeycrimm
mickeycrimm
Joined: Jul 13, 2013
  • Threads: 62
  • Posts: 2299
June 20th, 2014 at 10:21:20 AM permalink
Before the bridge all the Laughlin casinos had water taxis to ferry people from the Arizona side of the river. Don Laughlin was able to buy two of the parking lots and put the water taxis out of business for the Pioneer and the Golden Nugget. LMAO!
"Quit trying your luck and start trying your skill." Mickey Crimm

  • Jump to: