Re: [vpFREE] Re: LVRJ: Equity groups seek controlling stake in Palms casino

 

bye bye Palms

 

--- In vpFREE@yahoogroups.com, "VpKing77" <vpking77@...> wrote:
>
> Why would the new group change anything as long as George is there. The Palms is a brand. They market to locals during the day. The Nightclub people in the evening. I don't think they tamper with a succesful business model. They are not going to turn into a Harrahs.
> >

I hope you are correct, but from the article....

"Should a deal be completed, given the would-be ownership structure of Palms, we would anticipate the property being rolled into the Caesars portfolio," Santarelli told investors. "We believe this would have a positive impact for both the Palms, via its inclusion in the Total Rewards program"

When the Borg, I mean Caesars Entertainment, invade, I fear George will find that resistance is futile.

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