Quote:
Originally Posted by Well Read Ted
If true, not having enough would not stop someone like Mattress Mack. He wants to put together an investor group to buy the Houston Rockets for 1.85 billion.
Should be "wanted." That was before the franchise was sold last year for $2.2 billion. I guess not having enough stopped him. As for it possibly losing money last year, it was purchased by the previous owner in 1993 for $85 million.
Quote:
Originally Posted by Well Read Ted
Seems like successful business people know how to get financing if they're are passionate about something.
I thought you conceded that it wasn't going to make any money, so this was about a rich guy who wanted to do something fun and didn't care if it "cost them millions in losses but it's interesting to them." That's going to be a tough investment prospectus.
Anyway, you win. A Poker Themed Hotel could make it in Vegas if we find an owner who is willing to spend tens of millions of his money to have fun and doesn't care about profits (or perhaps finds an investment group that also doesn't care about profits), if famous poker players are willing to sit at a table for free in order to draw players, and if 'make it' doesn't depend on any actual success or profitability.
Last edited by illdonk; 03-04-2018 at 01:49 PM.