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"This $2.4B Goat Rodeo...The Revel!"

Discussion in 'Non-Vegas Chat' started by Hobofrank, May 31, 2015.

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  1. Hobofrank

    Hobofrank Prime Minister of Idiocracy

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    Damn Anthony Bourdain!, that's both harsh and beautiful at the same time

    for those of you who missed tonight's episode of CNN's Parts Unknown: New Jersey

    it was a great great episode
     
  2. Piggylane

    Piggylane Well-Known Member

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    I drove to AC last week as I was up at Lakehurst Naval Weapons Station for a few days. It was Twilight Zone time seeing such a large building all dark. Never was in AC when it was open so never set foot in the big mistake.
     
  3. ACMike

    ACMike High-Roller

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    A shame that Revel closed, it was by far the most beautiful casino in AC, and also nicer than most of the Vegas casinos. It always reminded me of Aria.
     
  4. lithium78

    lithium78 High-Roller

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    Once Glenn Straub gets the power issue worked out for the building, it looks like it is going to reopen as a Hard Rock casino from what I've been reading lately. That would be awesome for concerts.
     
  5. hail2skins

    hail2skins Low-Roller

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    I think it was designed by the same folks who designed Cosmopolitan.

    I really liked Revel too.....great rooms (probably the most comfortable bed I ever slept on). The casino was laid out kind of funky, but the table minimums were decent and it was cool to be able to look out at the ocean while you gambled (in some of the pits). Unfortunately, I don't think they had a well thought out comp policy put together, and basically opened at a time when Pennsylvania was already taking a huge bite out of AC. I'm skeptical about what Glenn Straub is going to pull off with the building.
     
  6. hammie

    hammie VIP Whale

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    I downloaded the CNN app and watched it on my iPad. I grew up in South Jersey and thought it was a pretty good piece. I was a fan of Southside Johnny and the Asbury Jukes back in the 80's, but nobody puts mayo plus oil and vinegar on an Italian sub. I thought he might have made mention of Trenton's Taylor Pork Roll and may have mentioned more of the crops grown in the state or the seafood industry. But, this was filmed in the winter and it was only a one hour piece. Gotta get one of those cheesesteaks from Donkey's.

    Bourdain was pretty harsh on Trump, good for that, and his assessment of Revel being a Goat Rodeo is spot on. What would you call a $2.4 billion casino that closed in less than two years and was sold for 4 cents on the dollar? Revel's new owner can't seem to work out a deal with the operators of the adjacent power plant.
     
  7. Hobofrank

    Hobofrank Prime Minister of Idiocracy

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    is there anything about AC that isn't a complete clustershtup, besides a few restaurants?
     
  8. hammie

    hammie VIP Whale

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    Didn't you read Bronco's recent TR to Borgata? :peace:

    For sure, there's a lot of hurt going on in AC, but there are 8 casinos pulling down about $2.7 billion in annual revenue with millions of visitors, so it's not all bad. But like anything else, you gotta take the bitter with the better.

    The market has been halved since 2007 due to competition from local casinos in MD, DE, PA, NY, CT and four properties closed. The Borgata sued to lower it's tax assessment and won, so the city had to borrow money to issue a refund. The city is trying to get the remaining casinos to agree to a "Payment In Lieu of Taxes" program so tax revenue is not based on property values. Meanwhile the legislature is trying to get casinos in North Jersey. Lots of moving parts.
     
    Last edited: Jun 3, 2015
  9. lithium78

    lithium78 High-Roller

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    I'm still annoyed that CET closed the Showboat. It was still profitable and it had the best rock venue in AC: The AC House of Blues. Man, I loved going to shows there.
     
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