Quote:
Originally Posted by Cannon Shell
Give me a break. There is no dance, there is fact. The fact is that the CENTERPIECE OF THE PROJECT is a hotel/casino. hink they are making a ton of money on 63% occupancy at $82 a night? Again i didnt call it the centerpiece and the journalist most likely got that from City center literature.
Regardless of how you want to spin it the place is going to tank. Whether it is because it was going to tsnk anyway or if the recession killed it or some combination of the two the fact is that there is nothing positive about this project. Even the shills from MGM speak guardedly about the thing.
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You called the 150k of gaming space " a major piece of the puzzle" Would you like me to link you to the post you said it in Fred Astaire? LOL
Why do you have such a strong opinion about a project you admittedly don't know a whole lot about? Its interesting to me. And they aren't charging 82 bucks a night. Thats a big part of the problem. The average nightly rate is about twice that and the weekend rate is over 3.5x that.
But what are they going after? Again, success or failure can't be judged in the first quarter.
As far as Dubai World being done, surely you don't think that Kirkorian et al is suddenly broke or creditless. Do you?