Originally Posted by redietz View Post
Originally Posted by Rob.Singer View Post
Originally Posted by redietz View Post
This "debate" is just silly. Lady Luck closed, I believe, in late 2005. Downtown Grand opened late 2014. It would be a very, very unusual business strategy to pump $100 million into renovating a property and retain machines more than 10 years old. Video poker machines, if I recall correctly, ballpark at about 15K each. So a place the size of the Lady Luck, maybe holding a max of what, a 100 video poker machines on the high end? You do the math.

The problem with some people's "common sense" is the lack of common sense. I don't think what television news somebody watches has much to do with the math of doing business or common sense, but, you know, that's just common sense.

Here's a brilliant fucking idea. Somebody ask them. "How many 10-year-old machines did you keep after spending $100 million on renovations?" Oh right, I'll be there Monday. I'll ask them.

Oh yeah, the property was described as "gutted" in multiple articles. So we're talking removing and storing 100 more-than-10-year-old video poker machines, then reinstalling them onto brand new carpeting and flooring to spiff up the place.

As some folks like to say, "It's not impossible. it could have happened."
You're failing if you're trying to help kew. LL closed in 2006. DTG opened in 2013. And all casinos LEASE machines for long periods of time. In cases where casinos close with the expectation of another entity purchasing it and re-opening, machines do not not leave. 10 yr. old machines are not OLD these days since the 2002-2005 generations arrived. In established casinos, there are far more of those than there are "new" ones. Go ahead and research it like kew tries to give the perception he would do. I do it all the time because I'm looking for certain age machines.

Asking DTG helps but it's doubtful any 2013 employees are still there. I just called and two casino supervisors said they had no idea.

LOL. Yeah, "all casinos LEASE machines for long periods of time." Yeah, let's examine that statement. First of all, we're talking video poker, not all machines. But to give certain people a break, let's say we're talking all machines. According to Global Gaming Business magazine, 85% of domestic slot machines are owned by casinos and 15% are leased, as of 2018. Video poker is more one-sided.
Correct. All vp machines are leased, which makes perfect business sense. That's why all old VP machines go back to the manufacturer for selling to distributors.

So now let's get back to the original question prior to you, kew, and fellow hater mcap coming apart at the seams again. Did anyone check to see if the DU issue was in any of the machines there?