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Re: Gambit13 post# 7305

Thursday, 04/01/2010 2:36:33 PM

Thursday, April 01, 2010 2:36:33 PM

Post# of 48320
They are leasing the hotel, the owner of the hotel owns a large number of shares of CGAQ. This is actually a very good business plan because it means that they didn't have to spend a great deal of money putting the casino together. They are also in negotiations to start up 2 more casinos. If they follow the same approach, they should be pretty profitable with those casino's as well. If you haven't had a chance to see the actual casino, here's a link for it: