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Friday, March 16, 2012

Purchased Hooters casino/hotel on Vegas strip for $75M on 2/22, out of bankruptcy court (assets $63M, debt $163M). Plan to combine it with charter packages, and aggressive pricing to fill to capacity 365 nights a year.

Casino will add poker room, and offer lowest rake/best comps/best odds in town. Adding sports book, 50 big screens, comfy chairs, free drinks and chips/salsa. $2 sandwiches, $3 subs.Want be be known as where the local pros play.

Poker room, all new chairs and tables, super comfy. Open up tables ASAP, 100 tables, 5% rake, max $3. Happy hours with $1 max rake. Daily tournaments, no fee, house take of 2.5%, 30 minute levels.

10AM, 7 days, $50, NLHE, $5K guarantee
11AM, 7 days: $120, NLHE, $15K guarantee
3PM, 7 days: $125, NLHE, $25K guarantee
7PM, 7 days: $200, NLHE, $50K guarantee

1PM, Fr-Su: $250, NLHE, $25K guarantee
5PM, Fr-Su: $300, HORSE, $30K guarantee
9PM, Fri-Sa: $150, HORSE, $15K guarantee

Adding 150 more tables for huge 1st annual Hooters Holiday Tourney, Dec. 4-17, guarantees every tourney:

All begin at 1PM, 45 minute levels, 15 minute breaks every other level, 75 minute lunch after 6 levels, play ends after 10 levels, next day begins at 2PM, always 4x buy-in for chips, all have $100K guarantee unless otherwise posted, no rake,

12/4: $500
12/5: $750
12/6: $1000, $150K g
12/7: $1200, $250K g
12/8: $2500, $300K g
12/9: $500
12/10: $1000
12/11: $500
12/12: $1000
12/13: $5000, $2.5M g
12/14: $1500, $250K g
12/15: $1000
12/16: $750


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