What's the name of that casino down there that was built few years back and went out of biz. MusT be homeless shelter
Revel....I think they are making it college dorms now??
What's the difference?
Revel TARGETED college-aged and twenty-something hipsters. They did the exact OPPOSITE of the successful casino/hotel model that's been working for more than fifty years. You're supposed to feed your suckers on one end (with comps, etc.), and bleed them on the other (the gaming tables).
Those idiots tried to make the place a hangout for the young FIRST, thinking that it would carry over into the casino. Fucking idiots. They deserved to go belly up, and I don't wish unemployment on anyone. It's just that they should have left it to people who know what the fuck they're doing.
Long story short, a busy hotel doesn't mean shit. You can't make it in that business without real players. No way, no how.
