Well, they might be working on it, but prospects are slim the casino could open under the current ownership. They’re in bankruptcy and trying to reorganize their credit situation, but it looks bleak.

They need to keep a ton of employees on payroll, and hotel operations employ far more than casinos. It’s likely they’re already bumping up against the requirements, so not sure of the point, but better than shutting down entirely if they’re trying to entice a buyer or investor.

They opened in November 2016 – So you’re saying they’re going to have to limp on until November like this? To shut down the casino is just stupid. If anything, they should have shut down the hotel and left the casino operational (ala Binion’s or previously Las Vegas Club). If they were making more on the hotel than the casino, they were doing something very wrong.

Better tell that to the folks at Resorts World!

I’ll take that bet! It’s to preserve the EB-5 investment. Has to operate two years and keep 10 employees for every $500,000 invested.

It would be fun trying to make a go of that place. Rumor was someone eyeing it thought about making it a sports-themed bar experience. That would’ve been fun to watch, too.

I believe it’s more related to EB-5 financing, but I guess we’ll see when CES leaves town if they hotel remains in operation.