Casino Scandal, foreseeable foreclosure, EB5, Chinese investors, Big & Rich... (1 Viewer)

Lovejoyz

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I'm sorry I can't provide more information, as I'm not able to speak publicly on these topics. However, it could come up with some really REALLY good reading material for the forum if somebody wants to do the research. The bottom line is that the casino in question is going into a lawsuit from their Chinese investors because they were not paying them back. The casino will lose, and go into foreclosure. This will probably leave a bunch of chips on the market, but a good casino story nonetheless even if that's months away.

Once you find out what casino it is, follow the story from the building/remodel process, investing process, chamber keeping them afloat, etc... It's a long and interesting story.
 
SLS Las Vegas? Chips will be destroyed . . .

Damn Nevada Gaming Commission and their stupid, stupid rules. :banghead:

Not a huge loss though - their chips are kinda ugly...

1546970969164.png
 
The chips aren't anything special for sure. But if anybody finds the story of how the Casino came to be, the scandal involved, somebody 'killed' themselves, all kinds of weird stuff. It's a good read when it's all put together.
 
I'm sorry, but SLS chips almost deserve to be destroyed. Hopefully the property that replaces them will have lots of well-designed THC chips in lots of denoms that are harvest-friendly!
 
Old thread update: All of the debt was bought out by some investor group that could afford to take a hit while they try to bring back business. It won’t last... but, it gives the employees hope. They hired a new young casino manager that they don’t have to pay nearly enough. This place will still fail, it’s just on hold for a while...
The initial investor interest of some 10k/day was settled on with the Chinese investors, and they are out.
 
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