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Posted At : July 25, 2008 10:22 AM | Posted By : D McKee
Related Categories:
Penn National,Donald Trump,The Strip,Kansas
Have you lost a job recently? Do you find yourself suddenly without a paycheck. Well, you can feel better because you're not "unemployed." No, according to Donald J. Trump, you're merely experiencing a "change of schedule." To hear the old blowhard tell it, the 73 pink-slipped employees at Trump International are orbiting the gold-glassed tower in a holding pattern, living on nectar and ambrosia whilst they wait for The Donald to snap his fingers and "bring them back on" when "more sales close." (At present, Trump Int'l is only 31% occupied.)
Trump: Be of good cheer -- or else!
And in the meantime? I guess we're to believe that the unlucky 73 will forego paychecks and food, biding their time until Trump recalls them.
Or not. Someone identifying themselves as a Trump employee writes to the Las Vegas Review-Journal that "We received severance pay and signed an agreement severing our ties to the property ... It was the elimination of about 25% of the staff (including entire departments) at what is currently an extremely troubled property."
But look at the bright side: When Donald Trump eventually shuffles off this mortal coil like the rest of us, he won't be dead -- just having "a change of respiration."
Penn National, having thrown a snit and made its Cherokee County, Kansas casino contingent upon also getting a Sumner County license, is trying to walk its threat back. Penn has been making a hash of this. It effectively ran up the white flag when the Quapaw Tribe opened a casino across the state line, in Oklahoma.
Now Penn wants to dribble its $225 million infrastructure commitment across a 12-year period, in a kind of protracted (very protracted) "soft opening." If they're not going to agressively compete in Cherokee County, why bother at all?
As for Sumner County, Penn finished a distant third in independent revenue projections, which means that the company has some apple-polishing to do in order to remain in the running. Penn's threatening to take its ball and go home could hardly have been more badly timed.
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Have you heard any reports from short term guests there?