Harrah's dirty plan

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Harrah's dirty plan

Postby Jasmine on Tue Feb 28, 2006 11:24 pm

:x I have a friend in Las Vegas who has talked to some people from Harrah's out there. They said that if Harrah's gets the slots license in Pittsburgh, they will NOT contribute any money to a new arena because they are building their own new facility in Vegas where they want to attract both the Penguins and an NBA team. Sadly, I believe this to be a fact. We must keep up the fight here!!!!!!!!!!!!
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Postby spi on Wed Mar 01, 2006 12:12 am

Hopefully doing business in pittsburgh will mean that they must contribute to an arena. If Barden ponies up the cash it will be tough for Harrahs not to. I think they would gladly shell out the cash if it meant getting the casino. I think they are just playing their hand so to speak. Why let everyone know you have pocket aces when you havent even seen the flop?

I think as Dan O says, at the end of the day all 3 will say that they will contribute. Also, if Harrahs wants the pens in LV, why don t they buy them now?
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Postby TRazzy66 on Wed Mar 01, 2006 1:28 am

spi wrote:I think as Dan O says, at the end of the day all 3 will say that they will contribute. Also, if Harrahs wants the pens in LV, why don t they buy them now?


You really think that the NHL will allow a gambling business to buy an NHL team? It will never happen. Maybe another group with las vegas ties, but not harrahs.
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Postby bill from turtle creek on Wed Mar 01, 2006 8:06 am

Maybe Rick Tocchet can be their coach in Vegas.
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Postby alain blanc on Wed Mar 01, 2006 8:13 am

Maybe Rick Tocchet can be their coach in Vegas.
:lol: :lol: :lol:
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Postby Sam's Drunk Dog on Wed Mar 01, 2006 9:56 am

trazzy66 wrote:
spi wrote:I think as Dan O says, at the end of the day all 3 will say that they will contribute. Also, if Harrahs wants the pens in LV, why don t they buy them now?


You really think that the NHL will allow a gambling business to buy an NHL team? It will never happen. Maybe another group with las vegas ties, but not harrahs.


I think that is the same reason the NHL will never allow a Gambling company to build an arena for a team in Las Vegas. Especially if the company receives profit from the team.
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Re: Harrah's dirty plan

Postby ExPatriatePen on Wed Mar 01, 2006 10:07 am

Jasmine wrote::x I have a friend in Las Vegas who has talked to some people from Harrah's out there. They said that if Harrah's gets the slots license in Pittsburgh, they will NOT contribute any money to a new arena because they are building their own new facility in Vegas where they want to attract both the Penguins and an NBA team. Sadly, I believe this to be a fact. We must keep up the fight here!!!!!!!!!!!!


We all due respect, I have a tough time believing this for a number of reasons.

1) No way Harrahs would shoot themselves in the foot by opening a Pittsburgh based business and then P' off a large segment of the population. Not to mention Seriously bad press around the country.

2) No way that the NHL agrees a team in LV this close to the Tochett scandal. Even less of a chance the NHL ever allows a Gambling co. to own a franchise (As SDD and trazzy66 pointed out)

3) Harrahs operates a large Sports book operation, owning an NHL team would mean that they would have to stop taking action on the NHL. Not a likely prospect as would handicap their casinos with respect to Ceasers, Mirage, etc...

As for spi's question about "why wouldn't they buy the Pens now, if they want them so bad..." They couldn't, the contract the Pens have with IoC dictates that if the franchise is sold, the new ownership group MUST keep the Pens here until the license issue is resolved, and if IoC gets the license, it would make no sense to move them.

(Imagine that, Harrahs would buy the Pens now, IoC ends up getting the license and Harrahs operates the team in a city they don't have any opeartions in, in a Barn built by IoC. It just ain't gonna happen.
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Postby Pitts on Wed Mar 01, 2006 10:50 am

Also, I'm sure that Harrah's is banking on the Pen's games attracting traffic to their casino in SS if they get the license. I would think casino play would get a bit of a boost before and after most Pen's games.
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Postby newarenanow on Wed Mar 01, 2006 12:13 pm

Pitts wrote:Also, I'm sure that Harrah's is banking on the Pen's games attracting traffic to their casino in SS if they get the license. I would think casino play would get a bit of a boost before and after most Pen's games.


Why would people drive to SS after Pens games if the casino is nowhere near the arena?

This would be a great thing if the IOC wins the license. People would go over to the casino before and after Pens games.
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Postby dboss on Wed Mar 01, 2006 12:20 pm

newarenanow wrote:
Pitts wrote:Also, I'm sure that Harrah's is banking on the Pen's games attracting traffic to their casino in SS if they get the license. I would think casino play would get a bit of a boost before and after most Pen's games.


Why would people drive to SS after Pens games if the casino is nowhere near the arena?

This would be a great thing if the IOC wins the license. People would go over to the casino before and after Pens games.


Not even just after Pens games, but after EVERY arena event (ok, maybe not the Disney events with all the kids). That is why I can't believe that Harrah's revenue projections would be SOOO much higher than IoC's. With an arena right there, that is a draw of 15 - 20k approximately 300 nights a year. That equates to between 4.5 and 5 million addtional people being brought into the casino's area every year. A large % of those people are bound to drop a few quarters into a slot machine now and then. If Harrah's wants to play 'who has the better rev. projections' IoC should play along and hype (inflate) their projections as well. At least they have the numbers to back it up, which is something I don't think SS really has.
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Postby Pitts on Wed Mar 01, 2006 1:09 pm

newarenanow wrote:
Pitts wrote:Also, I'm sure that Harrah's is banking on the Pen's games attracting traffic to their casino in SS if they get the license. I would think casino play would get a bit of a boost before and after most Pen's games.


Why would people drive to SS after Pens games if the casino is nowhere near the arena?

This would be a great thing if the IOC wins the license. People would go over to the casino before and after Pens games.


Many times I've met friends at Station Square and hopped the T to the arena. I'm certain many people still do that.
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Postby passmaster16 on Wed Mar 01, 2006 1:47 pm

That is why I can't believe that Harrah's revenue projections would be SOOO much higher than IoC's. With an arena right there, that is a draw of 15 - 20k approximately 300 nights a year. That equates to between 4.5 and 5 million addtional people being brought into the casino's area every year. A large % of those people are bound to drop a few quarters into a slot machine now and then. If Harrah's wants to play 'who has the better rev. projections' IoC should play along and hype (inflate) their projections as well. At least they have the numbers to back it up, which is something I don't think SS really has.


I agree. Even if the gaming board cannot factor in the amount of loss (150 mil) that the city would incur if the Pens leave as well as the 290 mil that IoC is offering for an arena, you would have to assume that the IoC casino has just has much revenue generating potential as SS because of its proximity to the arena. In fact, IoC could argue that the arena in and of itself is a bigger draw than SS and the more people that are in the vicinity means the increased chance they will stop by the casino to drop some quarters in the slots. And I absolutely agree that if Harrah's wants to throw out inflated numbers off the record, IoC might want to bump their figures a bit as well. I think right now both IoC and Barden are trying to play it safe by informing the public of Harrah's bogus numbers. The problem with this is its their word vs Harrah's. Harrah's came out with their high figures first, and that is all people remember whether proven to be false or not. The gaming board is *supposed* to audit these sorts of things to differientiate fact from fiction...but can we really be confident that this will happen?
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Postby BurghThing on Wed Mar 01, 2006 4:07 pm

Forest will do just like he's doing up in NY. Say he's going to build something and just drag his feet.
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Postby ExPatriatePen on Wed Mar 01, 2006 4:25 pm

passmaster16 wrote:The gaming board is *supposed* to audit these sorts of things to differientiate fact from fiction...but can we really be confident that this will happen?


Gaming board employees are trustworthy souls. Just look at their record so far. Two arrests for public intoxication, distrubing the peace, assault, one for manslaughter.
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