Quote:
Originally Posted by MikeStarr
Why, because I didn't know Caesars owned or managed any Indian casinos?
no, its because you have several times questions his credibility.
IMO his OP is one the most credible, omg ive been banned stories I've seen here, and there have been many.
Quote:
Im also not sure why they would want Caesars managing it since Caesars managed themselves right into bankruptcy.
for starters I cant think if any mgmt contract CZR has that didnt start years ago, back when they were actually a pretty good company.... you know before Loveman. (off topic CZR totally effed up opportunity in Macau under his watch which lead to your friend Sheldon Alderson and LVS crushing in Macau . All harrahs got in first round of concessions In Macau was a worthless golf course. CZR Board should have canned him straight away just for that.) It was downhill for CZR after that for this but many other reasons.
as far as why a Tribe brings in mgmt company, thats pretty easy.
Your a tribe . you have land in trust and starting to negotiate your compact with the State to build and open.
But you have no money and no experience whatsoever building and operating a casino. So you bring in a company like CZR that has the money and the experience and give them a piece. Not all tribes have done that, but many have in one form or another.
Last edited by PTLou; 08-16-2019 at 09:02 PM.