1win mines predictor free,Best international casinos.REGISTER NOW GET FREE 888 PESOS REWARDS! https://www.abouttanzanitejewelry.com/vitalvegas/lucky-dragon-sells-for-36-million-to-construction-equipment-company/ Essential Las Vegas News, Tips, Deals and WTF. Thu, 25 Apr 2019 12:13:06 +0000 hourly 1 https://wordpress.org/?v=6.4 By: Andrea https://www.abouttanzanitejewelry.com/vitalvegas/lucky-dragon-sells-for-36-million-to-construction-equipment-company/#comment-68026 Thu, 25 Apr 2019 12:13:06 +0000 https://www.abouttanzanitejewelry.com/vitalvegas/?p=21674#comment-68026 In reply to Doug.

Stupak times were totally different,he would have gone banrkrupt in a month if he’d ever tried some of his gimmicks in today’s market…

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By: William Wingo https://www.abouttanzanitejewelry.com/vitalvegas/lucky-dragon-sells-for-36-million-to-construction-equipment-company/#comment-67934 Wed, 24 Apr 2019 22:23:32 +0000 https://www.abouttanzanitejewelry.com/vitalvegas/?p=21674#comment-67934 In reply to Doug.

Amen. Bob was really one of a kind. He used to say because he was Polish, he lost money on every transaction–but made it up on volume.

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By: Vegas Insight https://www.abouttanzanitejewelry.com/vitalvegas/lucky-dragon-sells-for-36-million-to-construction-equipment-company/#comment-67888 Wed, 24 Apr 2019 15:07:36 +0000 https://www.abouttanzanitejewelry.com/vitalvegas/?p=21674#comment-67888 In reply to Daniel.

A few of you folks take hyperbole way too seriously.

But I enjoyed the mathematical analysis of hyperbole.

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By: Doug https://www.abouttanzanitejewelry.com/vitalvegas/lucky-dragon-sells-for-36-million-to-construction-equipment-company/#comment-67864 Wed, 24 Apr 2019 11:49:33 +0000 https://www.abouttanzanitejewelry.com/vitalvegas/?p=21674#comment-67864 BTW Bob Stupak would have made a mint out of this place. The worse the location, the easier it is to trap the rubes and vacuum out their cash. Tease them with a bizarre promo package with dubious goodies.

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By: Pete B https://www.abouttanzanitejewelry.com/vitalvegas/lucky-dragon-sells-for-36-million-to-construction-equipment-company/#comment-67863 Wed, 24 Apr 2019 11:48:25 +0000 https://www.abouttanzanitejewelry.com/vitalvegas/?p=21674#comment-67863 I have heard that Aherns is deeply involved with the Planet 13 guys. How involved, dunno. Maybe they are going to make it a weed hotel/distribution center. That would not surprise me.

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By: alex https://www.abouttanzanitejewelry.com/vitalvegas/lucky-dragon-sells-for-36-million-to-construction-equipment-company/#comment-67842 Wed, 24 Apr 2019 08:08:32 +0000 https://www.abouttanzanitejewelry.com/vitalvegas/?p=21674#comment-67842 If they’re smart, they will attach the new hotel to one of the major hotel groups (Marriott, Hilton, IHG). Lots of people are very loyal to their preferred hotel group…to the point where they will stay in an out-of-the-way location just to get a perk like free breakfast or the chance of an upgrade.

But, that strategy also means that the national sales team for the hotel group will be selling the location as a option for meeting planners. That can be huge for a hotel like this one.

Finally, aligning with a hotel group means access to corporate business travels from large corporations. Most large companies direct their employees to one hotel group in order to maximize discounts (which are based on volume). Becoming a Marriott/Hilton/IHG-branded hotel would help get heads in the beds.

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By: Daniel https://www.abouttanzanitejewelry.com/vitalvegas/lucky-dragon-sells-for-36-million-to-construction-equipment-company/#comment-67839 Wed, 24 Apr 2019 07:55:15 +0000 https://www.abouttanzanitejewelry.com/vitalvegas/?p=21674#comment-67839 In reply to Vegas Insight.

100yrs?? Armageddon will be here way before that

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By: doug https://www.abouttanzanitejewelry.com/vitalvegas/lucky-dragon-sells-for-36-million-to-construction-equipment-company/#comment-67819 Wed, 24 Apr 2019 05:10:36 +0000 https://www.abouttanzanitejewelry.com/vitalvegas/?p=21674#comment-67819 In reply to Vegas Insight.

$1 billion value in 100 years is an appreciation rate of about 3.4%, not much better than inflation or putting your money in the bank. A bankruptcy sale like this, when he is paying well below the construction cost, could well return 50% or better. I agree the play probably depends on Resorts world etc. Once people are staying in it and booking meetings again, which will probably be in just a couple of years, it could well be worth at least the original investment of $98 million. If not, it will probably be a budget alternative to its neighbors like SLS and Stratosphere.

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By: Andrew https://www.abouttanzanitejewelry.com/vitalvegas/lucky-dragon-sells-for-36-million-to-construction-equipment-company/#comment-67768 Tue, 23 Apr 2019 20:43:35 +0000 https://www.abouttanzanitejewelry.com/vitalvegas/?p=21674#comment-67768 In reply to Vegas Insight.

My thought exactly,will the new owner be interested in having a gaming license? The way I see it this place will be a parasite hotel for resorts world,pretty much like the holiday inn boardwalk was. By then they may be interested in becoming a slot joint too..

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By: Vegas Insight https://www.abouttanzanitejewelry.com/vitalvegas/lucky-dragon-sells-for-36-million-to-construction-equipment-company/#comment-67759 Tue, 23 Apr 2019 19:43:33 +0000 https://www.abouttanzanitejewelry.com/vitalvegas/?p=21674#comment-67759 So, will there be maintenance of a gaming license for the property… the once every two years deal, or whatever it is, where the temporary trailer rolls onto the lot?

Not sure how much hotel/conference demand there is at the site, but if it can make a buck or two annually, and it’s gaming ready for the day when the north strip fills in, about 100 years from now, then that $36M investment is going to be worth $1 billion.

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