If the economy was better yes-but it's not getting better. Even with the so called "deficit reduction deal" we will be at Greek levels (140%) of Debt-GDP in 5 or 6 years. Sooner in the increasingly unlikely event Nobama gets re-elected.
Then you have the issue of casinos popping up everwhere. If Cal. ever smartens up and allows full non Indian casinos LV and Reno's gooses will be further cooked.
--- In vpFREE@yahoogroups.com, "lfcmja@..." <lfcmja@...> wrote:
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> --- In vpFREE@yahoogroups.com, "derangedmutant040925" <derangedmutant040925@> wrote:
> >> Though not perceptive of the fact that the casino where Maloof made his fortune was the Fiesta, now the Fiesta Rancho---not the Palms. Those familiar with the Palms when it opened will remember that he imported some of the same methods that had made the Fiesta successful--such as a strong locals appeal.
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> Maloof fell into the greed mode " had to build " another tower and then the economy collapsed. Yet I wonder if he would have been able to recoup even if the economy was better?
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> Larry F.
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