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PostPosted: Mon Aug 13, 2007 11:16 am 
PHD From Del Rey University!
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Joined: Tue Sep 02, 2003 11:25 am
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Location: Escazu, Costa Rica
"Word on the street" ( there it is again) has it that the hotel and casino are being sold very soon. They are supposedly in final negotiations with a group from Reno. Hopefully the new owners will see the benefit of continuing the relationship with CRT.


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PostPosted: Mon Aug 13, 2007 11:31 am 
PHD From Del Rey University!
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Joined: Sun Jan 15, 2006 7:31 pm
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Location: Land of Milk and Honeys
It has been on the market for quite a while with an unreasonable owner. Be interesting to see if it goes through this time. I think it is a hidden gem with the right team running it.

BKTUNA
I am never going home


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PostPosted: Mon Aug 13, 2007 11:47 am 
PHD From Del Rey University!
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Joined: Fri Jul 01, 2005 11:30 am
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Location: Where Am I ???
Bktuna wrote:
...I am never going home

BK,
I think it's time to change your signature line from the above to....

Bktuna
"I AM HOME !" :lol:

MG :wink:

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PostPosted: Mon Aug 13, 2007 12:09 pm 
Masters Degree in Mongering!
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Joined: Fri Aug 12, 2005 8:59 pm
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Location: California U.S.A.
“A group from Reno…”

Hmmm… only two groups that I know that would have the cash flow and experience.
1) Carrano Family, owners of the El Dorado and a few other good money properties
2) The group that owns the Peppermill…

Outside shot is the group that owns the Clarion in Reno… probably has an inside track with Clarion… but the Reno property is hurting and I wonder if there is cash flow..

Both groups are well respected and run quality operations. Reno is in the tank now due to Indian gaming in California… Interesting to see who is bailing out or diversifying. My bet is that any group out of Reno will be willing to work with CRT to sell beds and put $$$ into the Casino. This could be very good for us. :D

Mendo

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PostPosted: Mon Aug 13, 2007 12:09 pm 
PHD From Del Rey University!
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Joined: Sun Jan 15, 2006 7:31 pm
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Location: Land of Milk and Honeys
Lol,

"I may be here for a while" is another choice.

I have traveled and lived all over the US and the world but Richmond, Va will always be home.


BKTUNA
I am never going home


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