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Rainbow Club to be acquired by owners of Emerald Island

Discussion in 'Casino Industry & Development' started by spinette, Dec 24, 2019.

  1. spinette

    spinette Low-Roller

    Jun 2, 2014
    Trips to Las Vegas:
    Peppermill agreed to sell Rainbow Club to the Brooks brothers on December 9th, 2019.


    With the massive downgrading of their VP one-two years ago and the effective closure of their restaurant for breakfast (which had a sometimes decades-long loyal following of local residents), it appeared RC was trying to court a buyer in the retail market--likely Boyd, owner of the nearby Eldorado. Perhaps EI will approach Boyd in 3-5 years with an offer of sale.

    Also noteworthy is Ellis Island's opening of its multimillion-dollar Patio space and a similar gutting of its top VP inventory. On offer are higher limit $5 ACE$ bonus (with the ultra-rare royal pay for unbroken aces) and $2 bonus poker. Gone are JB and DW with excellent pay schedules. Is Ellis getting dressed for a sale to nearby Harrahs?
  2. nfajgmbr03

    nfajgmbr03 High-Roller

    Jan 21, 2015
    Trips to Las Vegas:
    I was sure impressed with emerald island and their hospitality. First time I was there they walked around with chocolates for all those gambling. I like some of their old video slots too.