tag:blogger.com,1999:blog-3235679145814825223.post8832064982507486494..comments2024-03-27T20:19:17.048-07:00Comments on Nevada Progressive: Penn National DOES Want F-bleau, After Allatdnexthttp://www.blogger.com/profile/18339904136472258194noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3235679145814825223.post-53693655031180426822009-11-17T19:03:23.029-08:002009-11-17T19:03:23.029-08:00While I believe the place was a disaster from the ...While I believe the place was a disaster from the get go and will always be an eyesore regardless of what happens, $50M plus another $350M is a steal for the joint. There is no way the boys at Penn spend another billion and half to finish it. They bang it out as cheap as possible (gone are all those snazzy high-tech room amenities) and see what happens. Considering they pay for it all in cash, there is not the crushing debt-load everyone else has, so they will turn themselves a nice profit even in the current environment.<br /><br />I see it as an eventual win for the Vegas customer if they run the place wisely and bring a value joint back to the north Strip.<br /><br />Rob<br /><a href="http://www.vegascasinoinfo.com" rel="nofollow">www.VegasCasinoInfo.com</a>VegasCasinoInfo.comhttps://www.blogger.com/profile/16057367733050971555noreply@blogger.com