Discussion: 4 comments so far...

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1. By United_727

   March 24, 2010

   2:10 p.m.

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   Why would anyone want to buy that ageing dump,other than the land it sits on ?

2. By JustMe

   March 24, 2010

   4:02 p.m.

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   with all but one tower having their rooms updated, the Riv could make some good cash flow in these times when rebuilding is not an option and there are plenty of value conscious tourists still coming to town

   Unfortunately current management is running it into the ground. and have all but evaporated any existing customer base.

   Personally, if I was running the place it would be at 90% + occupancy and able to survive in this harsh environment with places like City Center needing to get $200/night plus $15/drink just to keep the lights on. Give me the Riv to run and I will give away free rooms (conditions would apply) and have the place filled. they are already giving them away for $20/night, why not give them away for fee, charge a $10 or $15 fee per person upon check in, then give them back the $10 in a comp to the Cafe. Room is free, hotel is full, cafe would be busy(if run properly), and you can bet with that many people in the building, the casino would more than make up for the free room. Of course this only works if the place is properly managed in the 3 main areas of hotel, food and bev and casino operations. Casino operations aside, the Riv is severely lacking in it's management of the the other 2. I am not familiar enough with their casino operations to comment on their effectiveness. Just one trip in the place will make it easy to see that the casino is so empty there is nothing to really manage.

3. By stevem

   March 25, 2010

   10:43 a.m.

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   i stayed here back in june because i get a super low rate...i still feel like i got ripped off.

   they're just "penny-wise / pound-foolish".

   the check-in is a bunch of digital kiosks that it seems anyone over the age of 50 can't work...so they have to get help...slowing everyone else down.

   get rid of those freaking kiosks. almost everyone that steps up to one either can't understand how to use it OR the ones that can use it (like me) can't find their reservation.

   there were 4 people helping people using the kiosks ANYWAY, so just have them behind the counter at a computer.

4. By serious

   March 26, 2010

   5:15 a.m.

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   The bondholders and other debt holders have allowed management to run this property down for the past fifteen years...where has the Board of Directors been...would rather stay in the Wild Wild West before the Riviera...it is a disgrace how this once great property has been mismanaged. But the few at the top made sure they were paid well.