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Las Vegas Club - The Downhill Slide....

Discussion in 'Downtown Hotels & Casinos' started by gregluvsvegas, Jan 4, 2015.

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  1. gregluvsvegas

    gregluvsvegas Tourist

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    It's clearly evident that LVC is on its last legs. Between Labor Day and Christmas there were marked changes. In September they still had a selection of newer slots on the floor. In December they had nothing but older (I assume, owned outright) machines on the floor. It's pretty clear that LVCs days are numbered. I have always had a soft spot for this place, but no more. It's clear that they have given up, and so have I. Neglect is one thing, but not even trying to save the place is another. Tamares - just pull the plug. You've chiseled away enough already! Let something new come in and grow.
     
  2. MikeOPensacola

    MikeOPensacola VIP Whale

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    It is tough to watch the demise of a casino that could have so much going for it. The location alone has to be attractive for somebody with some guts and imagination.
     
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  3. gambler

    gambler VIP Whale

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    It does have a great location. I've always thought that Tamares was just waiting for an improved economy before they sell the joint. I tend to agree with you greg, that it's just being neglected right now. I've wondered though if they were to just put the shutters on it and wait to sell, if that would also have a negative effect on The Plaza as well, which they seem to be improving. They may just be letting the LVC limp along to keep people going to that end of town and then over to The Plaza.
     
  4. makikiboy

    makikiboy VIP Whale

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    I wish that tamares will sell the LVC to another bunch of investors that know how to run casinos. And open up their rooms again. It is unfortunate that tamares gave up on the place, it was a decent place to stay and play for low rollers. Room rates were comparable to the lowest rates downtown, I know people said the place was a dump but if I could get decent rates I would stay there again.
     
  5. smartone

    smartone VIP Whale

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    I went through a phase of staying at the Plaza (my per-diem was pretty low in those days) and spending a chunk of time at the Las Vegas Club in the early 90's. I've always maintained an affinity for the "grit" the LVC had and the clientele they attracted then. I walked though a few months ago and was so disappointed. The posters above are correct, great location... could be so much more.
     
  6. Electroguy563

    Electroguy563 Over-Fried Gambler

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    Sometimes I fantasize about a sky bridge similar to the one linking MSS and the Cal also linking the Cal to the LVC. Wouldn't that be neat? Visit all three casinos without ever going out on the street.

    Wonder if Boyd ever contemplated taking over the LVC. At this point any takers would probably be better than the current owner. Seems like Tamares doesn't care anymore.
     
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  7. kingpasty

    kingpasty High-Roller

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    Is their hotel even open any more? Their reservation page doesn't even work...
     
  8. Joe

    Joe VIP Whale

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    Closed in 2013.
     
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  9. makikiboy

    makikiboy VIP Whale

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    I think the problem is that Tamares wants too much for the place.

    I'm sure that Boyd thought about buying the place but had problems the past few years with the failed echelon project and the downturn of the economy. With echelon sold off maybe they might have some funds to pick up lvc but I think it all depends on what tamares wants to do with the place.

    I think tamares was holding onto the place waiting for the economy to get better so they can also make the lvc another "upper class" hotel :poke:. But with the "failure" of the Plaza (not making a lot of money, esp from the gaming) they are probably rethinking their grand plan (meaning they haven't figured out what to do or are still waiting for the economy to get better(?)). BTW they did attempt to renovate the LVC, I stayed there before they "closed" and they changed the carpets (all bought from the fountainbleu failure) and started to renovate the bathrooms. Not sure if they completed their renovations though.

    The other problem is that Boyd already has MSS, Cal and Fremont so may not want another downtown hotel (they may be comfortable with what they already have) and don't want to overextend themselves. We shall see but I think LVC could be a good fit for Boyd. Remember that MSS was just a shell many years ago and Boyd turned that into a popular place to stay downtown.
     
  10. REELmoneySlotFan

    REELmoneySlotFan High-Roller

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    Walked into the LVC during our last trip to Vegas. Stayed there for a total of 2 minutes. There is absolutely I can think about that's worth staying there for more than two minutes. The place has absolutely nothing to offer in my opinion. Until somebody starts to put some effort into renovating this place and give it a litlle atmosphere I don't see myself coming back.
     
  11. Disconay

    Disconay Tourist

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    You forgot about the $1.00 Hamms or Rolling rock beer at the bar.
     
  12. matti

    matti Low-Roller

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    LVC is the only casino in Vegas where I saw police handcuff a guy and drag him out. Not sure what he did wrong.

    I think it's a great location, though. Perhaps they could tear it down and put in a few Walgreens?
     
  13. northerngirl

    northerngirl Low-Roller

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    Being a total downtown fan since the early 90's....so sad to see the downfall of places like the Vegas Club and the Binion era. If only I had enough money to run a casino.....
     
  14. Royal Flusher

    Royal Flusher Savvy Gambler

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    I've seen LVC security handcuff people and bring them IN to the casino.
     
  15. Hawaiianmark

    Hawaiianmark Low-Roller

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    Really true
     
  16. Guy

    Guy Low-Roller

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    I did hear (was it on the FiveHundy podcast?) that Derek Stevens (of GoldenGate and TheD fame) was very close to buying LVC - agreed a price and everything and the current owners backed out at the last minute.

    Does anyone know what sort of Business Taxes the LVC would have to pay to keep the doors open (assuming that's how things work Stateside)? They are probably turning a profit from just a few slotmachines if they don't have mountains of debt to service (cf. CET)
     
  17. TIMSPEED

    TIMSPEED !địt mẹ!

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    Ding Ding Ding!
    With no debt, it has very low overhead and no doubt is turning a decent profit for them...I know of a few casinos that followed that business model..."just make money with no money re-invested"...
    Of course they all sold or closed within a year of that decision, but still...lol
     
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  18. tominiowa

    tominiowa High-Roller

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    It is especially sad to see the LVC downslide for me. I stayed there a lot in the Tom Kaminsky days. He treated me better than anyone else.
    It was the first steak comp at the Great moments room for me. I even got to share a drink there with Barrick when he owned it. They were so
    nice to normal steady gamblers. The back tower rooms were not bad and he gave what they called MVP rooms with a couch and fridge in them.
    Who doesn't miss the upper deck reasturant?

    The problem is the casino is just laid out bad with the front being seperated from the back too much. It needs to be redone where the casino is
    wide open from front to back, but I don't know if that is possible. Being a DT guy I hope it does change hands and gets a fresh start. It will never
    recover till new owners come in.

    No matter what they will never stop all my memories I had there. I could tell go on and on with many firsts for me there. I know it had many firsts for many others also
     
  19. MikeOPensacola

    MikeOPensacola VIP Whale

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    Back in the early 80s LVC had the best BJ games on the planet, and that is not an exaggeration. The BJ games were packed, very difficult to find a seat. I always thought that it was a great marketing move to bring the masses into the LVC with very liberal BJ rules. It seemed to work - the place was always packed. Binion's was raking in the business back then too with 100x odds. Sad to see these once downtown gambling gems in such dire straits. Location is a great asset but management, or lack thereof, is the determining factor.
     
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  20. LoveDowntownVegas

    LoveDowntownVegas Low-Roller

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    There was this one dealer that caught my eye.. ;)
     
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