"Substantial Doubt" — Bally's Is in Real Trouble, Circa's Brand New Rooms & a $75M Raiders Handout?

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Episode Description

Bally's used language in a filing this week that companies do not use unless things are genuinely bad, and it puts the entire ballpark site project in question. There are also rumors about who might swoop in and take it over, and the name being floated has history on the Strip that a lot of people are still not over. Meanwhile the Raiders want $158 million for a new North Plaza with $75 million of it coming from public funds, Downtown Grand has been sold, Circa quietly opened two new floors of rooms, and there is a Strip buffet charging locals ten bucks. Let us know in the comments who you would want to see take over that site.


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Chapters:
0:00 The 4AM Cashier Line
0:38 The Raiders' $158 Million North Plaza
3:09 We Forgot About Run at Luxor
4:47 Suncoast's New Center Bar
6:32 Resorts World Drops Mulberry Street
8:33 A $9.99 Buffet for Locals
10:40 There's a Vineyard at GVR
11:44 Downtown Grand Has Been Sold
14:13 Circa Opens Two New Floors
17:06 Bally's Liquidity Problem
17:29 Could Boyd Take the Ballpark Site?
18:54 The Downsized Ballpark Plans
21:00 "Substantial Doubt"
22:42 Final Thoughts

Key Links

Cashier line - https://x.com/ayahuasca_aaron/status/2087643825590186246?s=20
Raiders plaza - https://x.com/mickakers/status/2090443281062912048?s=20
R.U.N. - https://en.wikipedia.org/wiki/R.U.N_%28Cirque_du_Soleil%29
Suncoast Center Bar - https://x.com/suncoastcasino/status/2089355720474906850?s=20
Mulberry Out - https://x.com/VitalVegas/status/2089795493522203113
Virgin buffet and locals offers - https://virginhotelslv.com/casino/cherry-rewards-locals/
https://www.youtube.com/watch?v=OfNZZ2ImCd0
GVR Vineyard - https://x.com/GVRcasino/status/2090226420169814099?s=20
Downtown Grand sale - https://www.reviewjournal.com/business/casinos-gaming/buyer-lined-up-for-downtown-las-vegas-casino-court-approval-needed-3866190/
Circa's new rooms - https://www.reviewjournal.com/business/casinos-gaming/downtown-las-vegas-casino-debuts-new-hotel-rooms-suites-from-previously-unfinished-floors-3865634/
Bally's warning - https://finance.yahoo.com/markets/stocks/articles/bally-drops-31-liquidity-warning-162627735.html
Bally's changes - https://www.reviewjournal.com/business/casinos-gaming/ballys-changes-course-on-development-around-as-vegas-ballpark-3866219/
Bally's Vegas buyer? - https://www.reviewjournal.com/business/casinos-gaming/could-last-minute-buyer-purchase-rights-to-ballys-project-around-as-las-vegas-ballpark-3865700/
Category
Las Vegas Casino
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