{"id":439,"date":"2008-04-03T12:29:00","date_gmt":"2008-04-03T20:29:00","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/blogs\/dmckee\/index.cfm\/2008\/4\/3\/Hooters-sagging"},"modified":"2020-10-16T06:59:23","modified_gmt":"2020-10-16T14:59:23","slug":"hooters-sagging-2","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/hooters-sagging-2\/","title":{"rendered":"Hooters sagging"},"content":{"rendered":"

Yes, they’re drooping again at the mammary-themed hotel — revenues, that is<\/a>. The recession continues to hit the bargain-niche properties first and hardest. The interesting info is buried toward the end, as potential buyer Richard Bosworth<\/b> (who’s already put $3 million down, with $222 million to go) is shelling out another non-refundable half-million to keep its option alive for another month.<\/p>\n

This is the same stalling pattern Christopher Milam<\/b> fell into with the Wet ‘n Wild property. If Bosworth is having trouble scaring up the purchase price (and does the Hooters<\/b>-augmented San Remo<\/b> look like that tempting of a credit risk?), it doesn’t bode well for the promised $130 million redevelopment, either.<\/p>\n

On a related note …<\/b> You can set your watch by it. The annual, obligatory Passion Parties story<\/a>. It must be some journalistic hazing ritual.<\/p>\n

Fix? In? Not here!<\/b> Another scofflaw gets off lightly<\/a>.<\/p>\n

An implosion! Woo-hoo!<\/b> All right, so it’s only a casino garage<\/a> and it’s in Atlantic City<\/b>. But it looks like that Pinnacle Entertainment<\/b> project is still in “on” mode, Dan Lee<\/b>‘s caveats notwithstanding. There’s video, too.<\/p>\n

Double or Nothin<\/i><\/b>g<\/b> UNLV’s David Schwartz<\/b> reviews the apologia pro vita sua<\/i> of former Golden Nugget<\/b> co-owner Tom Breitling<\/a><\/b>. Schwartz finds a great deal to like in the book, and is very generous and sympathetic<\/a> in his appraisal. I’m not scheduled to weight in on Double or Nothing<\/i> until the May 5 issue of City Life<\/i>, but I feel safe in saying that your book dollars are far better invested in Christina Binkley<\/b>‘s Winner Takes All<\/a><\/i>. Breitling’s book is a quick read, though, partly by dint of leaving out whole chunks of the story — like a not-so-successful filmmaking venture with the Fertitta brothers<\/b>, which goes completely unmentioned.<\/p>\n

How much interest will there be in Double or Nothing<\/i>? Hard to say. It’s been over three years since he and Tim Poster<\/b> sold the Nuggets, a timespan far longer than that of their brief ownership, and they never became major players in the industry (as opposed to the pages of Norm!<\/b>). For a businessman as successful as Breitling, I’m surprised he’d get his product so tardily to market.<\/p>\n

And now to end on a (rare, some would say) classy note …<\/p>\n

Honoring a legend<\/b>. Former Silver Slipper<\/strong> owner Claudine Williams<\/a><\/b> receives a “Philanthropist of the Year” award tonight. Congratulations to the grande dame<\/i> of the gaming industry. Long may she flourish.<\/p>\n","protected":false},"excerpt":{"rendered":"

Yes, they’re drooping again at the mammary-themed hotel — revenues, that is. The recession continues to hit the bargain-niche properties first and hardest. The interesting info is buried toward the end, as potential buyer Richard Bosworth (who’s already put $3 … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[23,24,51,30,9],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/439"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=439"}],"version-history":[{"count":4,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/439\/revisions"}],"predecessor-version":[{"id":28245,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/439\/revisions\/28245"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}