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Binion's sale

 
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loyo1
1K Club


Joined: 22 Aug 2004
Posts: 1957

PostPosted: Sat Mar 01, 2008 8:12 pm    Post subject: Binion's sale Reply with quote

Nick, you spoke a bit about Binion's sale in the VegasTripping interview. I know it was approved by the Gaming Commision in January, with the sale to be finalized in February.

Haven't heard anything further, and wondered if you had? I'm cautiously optimistic since Terry Caudill is taking over--would like to see the place bounce back.
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NickChristenson



Joined: 28 Feb 2008
Posts: 31
Location: Las Vegas, NV

PostPosted: Sat Mar 01, 2008 10:14 pm    Post subject: Reply with quote

Terry Caudill is expected to take control of Binion's any day now. I'm sure it will be reported in the Las Vegas papers, and when I hear something final it will go up on the Death Watch page.

I can't say I'm all that optimistic about Binion's chances in the medium-term, but I'm much more optimistic with the new regime coming in than I have been at any time in the last decade. If Mr. Caudill thinks he can turn Binion's around, who am I to argue with him? Moreover, I wish him good luck.
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NickChristenson



Joined: 28 Feb 2008
Posts: 31
Location: Las Vegas, NV

PostPosted: Mon Mar 03, 2008 1:03 pm    Post subject: Binion's sale set to close sometime this week. Reply with quote

More almost-news:
http://money.cnn.com/news/newsfeeds/articles/apwire/6c61388fad826f2c1dca5abe59d0d3f6.htm

Binion's sale set to close sometime this week.
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loyo1
1K Club


Joined: 22 Aug 2004
Posts: 1957

PostPosted: Mon Mar 03, 2008 7:02 pm    Post subject: Reply with quote

Good news. The sooner Caudill gets control of the place, the better, I suspect.
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NickChristenson



Joined: 28 Feb 2008
Posts: 31
Location: Las Vegas, NV

PostPosted: Tue Mar 11, 2008 1:16 pm    Post subject: Reply with quote

Finally, Binion's officially switches hands:

http://www.lvrj.com/business/16489566.html
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loyo1
1K Club


Joined: 22 Aug 2004
Posts: 1957

PostPosted: Tue Mar 11, 2008 6:51 pm    Post subject: Reply with quote

Woot! Now Caudill can get on with his plans---wish him luck. I'm interested in seeing what he does.
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