{"id":945,"date":"2008-02-18T10:40:00","date_gmt":"2008-02-18T18:40:00","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/blogs\/dmckee\/index.cfm\/2008\/2\/18\/Columbia-Sussex-roundup"},"modified":"2020-12-26T06:11:40","modified_gmt":"2020-12-26T14:11:40","slug":"columbia-sussex-roundup","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/columbia-sussex-roundup\/","title":{"rendered":"Columbia Sussex roundup"},"content":{"rendered":"<p>It&#8217;s difficult to figure out CEO <b>William Yung III<\/b>&#8216;s endgame in his high-profile pursuit of <b>a casino in Kentucky<\/b>, as it could potentially further complicate the attempted sale of <i>Casino Aztar<\/i> in Evansville, Ind. So far, suitors have proven to be <a href=\"http:\/\/cms.ibj.com\/ASPXPages\/6iframes\/FrontEndArticlesDetailPage.aspx?ArticleID=11246&amp;NoFrame=1\" class=\"broken_link\">thin on the ground<\/a>.<\/p>\n<p>It actually might be in Yung&#8217;s best interest if the Kentucky state senate ashcans Gov. <b>Steve Beshear<\/b>&#8216;s proposed casino legalization. After all, the closer Kentucky gets to casino gambling, the more it inherently depresses the value of <i>Casino Aztar<\/i> in an, um, watered-down market. There&#8217;s a reason Columbia Sussex was able to buy its Vicksburg casino for $28 million and re-sell it for $35 million: Ain&#8217;t no casinos coming to Arkansas now or in the foreseeable future.<\/p>\n<p>Meanwhile, the <i>Tahoe Daily Tribune<\/i> has an eyewitness report of the <b>opening salvos in a lawsuit<\/b> whereby Columbia Sussex seeks to hang onto its lease on Horizon Casino Resort. As in Atlantic City, the perceived failure to maintain a &#8220;first-class facility&#8221; is a central point of contention. To that end, landlord <b>Park Cattle Co.<\/b>&#8216;s lawyers produced photos of Horizon that may be worth several thousand words (or dollars). Also, a former casino operations manager averred that Yung &#8220;was past trimming off the fat and had resorted to whacking at the bone.&#8221; (Sound familiar?)<\/p>\n<p>There&#8217;s a possibility that the <a href=\"http:\/\/www.lasvegassun.com\/news\/2008\/feb\/01\/trop-dragging-down-gaming-culinary-says\">payroll hiccups<\/a> at the <b><a href=\"http:\/\/www.lasvegassun.com\/news\/1957\/apr\/03\/regal-tropicana-prevues-on-strip-today\">Las Vegas Tropicana<\/a> <\/b>may have been caused by miscommunication between Columbia Sussex HQ, back in Kentucky, and local management. Hypothetically speaking, Friday&#8217;s payroll may have been handed on Wednesday, which might explain the &#8220;Don&#8217;t cash for 48 hours&#8221; scenario. If this is the case, an innocuous explanation from Columbia Sussex could have doused the fire. Instead, the company chose to <a href=\"http:\/\/www.lvcitylife.com\/articles\/2008\/02\/07\/news\/local_news\/iq_19560396.txt\" class=\"broken_link\">get all shirty<\/a> about the matter. God knows why.<\/p>\n<p><b>If you need a laugh<\/b> (or several), check out new Planet Hollywood headliner <b>David Spade doing Daniel Plainview<\/b> in &#8220;<a href=\"http:\/\/www.youtube.com\/watch?v=E5wTI8dAyVs\">There Will Be Oscars<\/a>.&#8221; It&#8217;s a riot. He <a href=\"http:\/\/www.youtube.com\/watch?v=CIj2cuSLWIM\">drinks your milkshake<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s difficult to figure out CEO William Yung III&#8216;s endgame in his high-profile pursuit of a casino in Kentucky, as it could potentially further complicate the attempted sale of Casino Aztar in Evansville, Ind. So far, suitors have proven to &hellip; <a href=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/columbia-sussex-roundup\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[15,68,10,9],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/945"}],"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=945"}],"version-history":[{"count":2,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/945\/revisions"}],"predecessor-version":[{"id":28984,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/945\/revisions\/28984"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}