1. Welcome to VegasMessageBoard
    It appears you are visiting our community as a guest.
    In order to view full-size images, participate in discussions, vote in polls, etc, you will need to Log in or Register.

Aliante Station news

Discussion in 'Off-Strip Hotels & Casinos' started by westie, Jul 27, 2012.

Thread Status:
Not open for further replies.
  1. westie

    westie VIP Whale

    Joined:
    Jun 24, 2002
    Messages:
    4,021
    Location:
    Kensington, CT
    Trips to Las Vegas:
    60
    The following was posted by the administrator of VPFree

    "Howard Stutz, LVRJ gaming reporter, tweeted from the NGC meeting
    that as of mid-November Station Casinos will no longer be managing
    Aliante Station. And "Station" will be dropped from Aliante Station's
    name at that time."
     
  2. sammasseur

    sammasseur VIP Whale

    Joined:
    Oct 25, 2009
    Messages:
    2,785
    Location:
    Salem Oregon
    Trips to Las Vegas:
    63
    More bad news for the suffering property. It's gorgeous, but I'd never spend a dime in their casino. Never have I been to a place where the slots were so tight. I played for 30 minutes and never won 5 cents back on a spin. And it was so empty, it felt like I'd broken into a closed business.
     
  3. Viva Las Vegas

    Viva Las Vegas Ramblin' Gamblin' Man

    Joined:
    May 31, 2008
    Messages:
    2,594
    Location:
    Chicago
    Trips to Las Vegas:
    46
    This is consistent with the bankruptcy agreement. Station Casino owners kept their ownership in the 17 other Station Casinos (Fertitta, Greenspun, et al) after all was said and done (Boyd wanted to jump in on several properties but the Station folks were able to keep all their properties post bankruptcy).

    There is a usual 1-2 year grace/transition period when casinos are transfered. Treasure Island stayed on the MGM system for some time after the sale, and they still use MGM player numbers though they broke off a few years ago.


    Link - The legend of leverage

    May 25, 2011

    Station Casinos Inc., the biggest U.S. gambling company in bankruptcy, won court permission to turn over its Aliante Station casino to lenders owed more than $378 million.

    U.S. Bankruptcy Judge Gregg W. Zive, in Reno, Nevada, approved a reorganization plan for the 40-acre property, owned by Las Vegas-based Station and closely held Greenspun Corp. They will hand over the resort to creditors for less than its original $662 million cost.

    In March, two people familiar with the deal told Bloomberg News that TPG Capital and Apollo Global Management LLC are among the lenders that will take over Aliante. The private-equity firms bought Aliante debt at a discount and are among the biggest holders, the people said.

    “The plan for the Aliante debtors is a straightforward turnover of the Aliante property to the Aliante lenders on a consensual basis,” the company said in court papers.
     
  4. cruiser

    cruiser High-Roller

    Joined:
    Feb 5, 2002
    Messages:
    593
    So what does this mean other than a name change? Will Aliante no longer be a "Station Casino"? What happens with their boarding pass? And will they take away our favorite VP machines?

    Cruiser
     
  5. Viva Las Vegas

    Viva Las Vegas Ramblin' Gamblin' Man

    Joined:
    May 31, 2008
    Messages:
    2,594
    Location:
    Chicago
    Trips to Las Vegas:
    46
    Yes, they will transition to independent status.

    They will likely have a phase out transition period (similar to how other separations such as Treasure Island / Mirage) where points may be redeemed earned until a certain cutoff. TI still uses the MGM numbers for older accounts, but the comp systems are now totally separate. During the transition, you could use your MGM points at TI for certain transactions.

    That can't be answered until the takeover. Palms stripped some of their FP machines after their latest sale. You'll either have to call a slot host or check with VP2 online to see if anyone reports any changes to their machine inventory.

    Thankfully, other Stations Casinos still offer FPDW. Hope they keep the games and your able to go to your favorite casino. I look forward to future beat the casino trip reports, either at Alainte or at RR or GVR!

    I'm going to try to book a stay in September before the change, and will report back.
     
  6. cruiser

    cruiser High-Roller

    Joined:
    Feb 5, 2002
    Messages:
    593
    Frank,

    We're booked at Aliante Station in October so I'm looking forward to hearing anything we can regarding the management of Aliante and what's going to happen with their boarding pass and comp system. When we get there in October, I plan to chat with our Host to see what she can tell us. We love Aliante but if they take away our machines (FPDW), we may have to return to GVR. RR just doesn't like us anymore. Our last host at RR told me she couldn't offer us anything. We currently spend 8 days/nights at Aliante twice a year but when I retire in 2015 (at least, that's the plan), we're hoping to spent 8 days/nights at Aliante four times a year.

    Cruiser
     
  7. chef

    chef Resident Buffetologist

    Joined:
    Apr 20, 2002
    Messages:
    4,981
    Location:
    Illinois
    Agreed, a nice property, but it takes forever to get there. Way too isolated to survive in this economic climate.
     
  8. Nevada Kid

    Nevada Kid VIP Whale

    Joined:
    Feb 26, 2002
    Messages:
    1,828
    Location:
    here
    Trips to Las Vegas:
    55
    One good thing Cruiser is that Sunset brought back your FPDW quite a while ago. You could go back to your Sunset/GVR combo.

    I stayed at Aliante a few months ago and enjoyed the place, but it really is isolated!
     
  9. westie

    westie VIP Whale

    Joined:
    Jun 24, 2002
    Messages:
    4,021
    Location:
    Kensington, CT
    Trips to Las Vegas:
    60
    The LVA is reporting the change over will be in December.
     
  10. dmr

    dmr Registered Abuser

    Joined:
    Feb 18, 2011
    Messages:
    4,627
    Location:
    Somewhere in Middle America
    Trips to Las Vegas:
    70
    It's very nice, but out in the middle of nowhere! If you're coming back from VOF or somewhere it's a nice stop-off, but not really worth going out there from the Strip just to go out there.

    I didn't think the machines were that tight! Last time out there I found a classic Lucky Lion Fish and came out waaaay ahead!
     
  11. vegasgirl101

    vegasgirl101 Tourist

    Joined:
    Jul 26, 2012
    Messages:
    25
    Trips to Las Vegas:
    17
    Aliante is a great place minus the fact their beds don't have boxsprings.

    Like you said, it's EXTREMELY REMOTE. A good 45 mins from the strip.
     
Tags:
Thread Status:
Not open for further replies.