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Thread: More Bad News On CET Today

  1. #21
    Quote Originally Posted by slotbender View Post
    Hey, you never know how this will all turn out Kenny? The CEO of Caesars (CET) is a product of the Wall St. bankers. He was an economics professor at one of the top Ivy League universities before being recruited by Goldman Sachs and then finally onto Caesars. He is a well educated and well trained (by Goldman Sachs) corporate implosion artist. These kind of people like to bankrupt everyone and everything for their own personal gain.
    So that's why our country is in such a financial mess. Many former Goldman players are in the current administration.


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    dwwright12
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  2. #22
    Senior Member treyster's Avatar
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    Quote Originally Posted by Penguin View Post
    Currently we are receiving about 20 to 25% of theoretical losses back in FP from Cleveland Horseshoe plus free rooms/jr. suites at Ritz Carlton. I'd say that's not bad at all. Headed to Cleveland Friday to get new Diamond card for MrsPenguin. Atlantic City Caesars in 3 weeks. Not worried about BK at all. Cleveland Horseshoe has highest payouts of all casinos/racinos in Ohio. Tightly regulated. No need to screw with payouts as casinos are cash cow.
    CET no longer owns any part of the Ohio casinos, they sold their % to majority owner Rock. At this point, they simply run the rewards programs. At some point in the future, I expect that to change.
    #######
    Fair dinkum legend

  3. #23
    Senior Member treyster's Avatar
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    Quote Originally Posted by TwoArmedBandito View Post
    How about we pool our money and buy one?
    Call it The Jokers Wild Gambling Emporium

    We all are from the camp that keeping payouts high will result in a packed casino.

    We'd have to invent a way for the hotel to operate without a staff so it wouldn't eat up our money on labor costs. The challenge of doing business in the 21st century...
    #######
    Fair dinkum legend

  4. #24
    Quote Originally Posted by treyster View Post
    Call it The Jokers Wild Gambling Emporium

    We all are from the camp that keeping payouts high will result in a packed casino.

    We'd have to invent a way for the hotel to operate without a staff so it wouldn't eat up our money on labor costs. The challenge of doing business in the 21st century...
    Gotta have topless cock waitresses for drinks though...(haha!)

  5. #25
    Topless waitresses and bottomless drinks!

  6. #26
    Quote Originally Posted by dwwright12 View Post
    So that's why our country is in such a financial mess. Many former Goldman players are in the current administration.


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    dwwright12
    Well said. I have met more than a few investment bankers in my time and have several observations: (i) they constantly complain about how hard they work, e.g., "the last time I took a vacation was in 1987"; (ii) they never really work any near as hard as they lead you to believe; and (iii) they add very little to a deal short of putting a buyer and seller together -- that sounds like it might be worth a lot, but it really isn't and they get paid incredible sums of money to do it.
    NOLEMAN

    The Threadjacker

  7. #27
    Eliminate the middle man. Get a deal.

  8. #28
    Hello had no idea they had so many international properties

  9. #29
    Quote Originally Posted by TwoArmedBandito View Post
    Topless waitresses and bottomless drinks!
    And topless and bottomless waiters/cashiers/slot technicians. For @phillycub @zeus,and I (and others).

  10. #30
    Senior Member treyster's Avatar
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    Quote Originally Posted by SoCalRob View Post
    And topless and bottomless waiters/cashiers/slot technicians. For @phillycub @zeus,and I (and others).
    Why stop there? Open the worlds first nude and nudist casino!

    Our motto: Cocks and slots for everyone!
    #######
    Fair dinkum legend

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