Having served its purpose in getting the (rather soporific) Mob Attraction off the ground — including forgiving some lease payments — the Tropicana Las Vegas finds itself kicked to the curb. The Attraction will move to a new site (reputedly a Caesars Entertainment property). “Awesome technology enhancements” 
are promised … but wasn’t the technology already supposed to be awesome? In any event, the Attraction has become modestly profitable, which seems to have gone to ownership’s head. John Katsilometes reports that the Attraction will “expand the brand worldwide.” “We are currently evaluating domestic and international opportunities with new locations to be announced in the coming months,” says consultant Tom Zaller. I’m not holding my breath.
Eli Roth’s Goretorium, the evisceration-themed tourist attraction won’t even make it to Halloween. It’s closing this week, although it promises to return in pop-up form and possibly something more permanent. Given the 4.3/1 ratio of debt to assets, it’s difficult to see how Goretorium remains a going concern. Whatever happens, creditors will have to eat a lot of debt. Given that Goretorium has rarely posted a profitable month, a quick dissolution may be the less-painful option.
It’s a new week, which means it’s time for Sheldon Adelson to lose another lawsuit. In this case, his litigation against the National Jewish Democratic Council got tossed from federal court. The latter accused Adelson of turning a blind eye (at minimum) to prostitution in his Macao casinos. Not surprisingly, Adelson vows to appeal the decision and keep fighting … although I wonder whether his chances of vindication are good enough to keep bringing this accusation up in people’s minds.
Can you live for two months without the skanky Sirens of TI? I think you can.
