User profile: yetis
Joined: Oct. 23, 2008
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Total Comments: 9 (view all)
Shut it down and help the well run operations the chance to survive. (Also kick Resorts out on their a$$).
Hmmm, not sure anyone is asking for a bailout in Las Vegas. If three fail, it is not like the gaming industry will disappear. Further, there are some that believe Detroit is of strategic importance. Once again, not so with gaming.
Finally, so what if one failed from the eyes of the employee. While the 2-bit casino in middle of nowhere might shut down, it seems pretty unlikely that the Bellagio or the Venetian would go dark. The Tropicana in AC has been bankrupt for over a year and it still operates... The case for a bailout of Detroit is that Michigan already has the highest unemployment rate in the US, letting an car company go under is assuring its will never survive, except in pieces as the two other surviving operators hack away the choicest pieces of meat. Personally I think that is what should happen, but its nothing like the gaming industry!
They will never be like video games as law requires slot machines to give all players an equal chance.
Yeah, and adding a 3-16% tax on room rates IS NOT a good way to Drive tourists into the market!
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tannsummers, your kidding me! LV Sun once again needs to check the quality of its sources. This is the same company that valued the mortgage pools so very INCORRECTLY, that got us into this mess in the first place!
https://www.corelogic.com/services/inves...
Look at its wonder "partial list" of clients...
https://www.corelogic.com/about-corelogi...
This company needs to create the most shocking analysis possible, to attract people to the company, as it looks to rebrand itself away from the its prior core growth segment.
If people wall away, where do they go? Very few states don't have income tax and the if they rent, that props up property values.