Only place I knew that could charge $30-$100 cover, $12-$20 for a cocktail and would run a $100K operating loss a night.
You grew up in Vegas, witnessed the changes firsthand, and this
surprises you?
In another recent thread we were discussing the Revel in Atlantic City. They tried to operate a casino using the exact opposite of the model for that business. They thought they could make it on food and booze, and that the gambling was the gravy. They lasted all of two years.
