...and now there is only 1.
How many more of the Jaguars clubs are really struggling and need to be closed too? We keep hearing EVERY quarter about how "profitable" they are. Where's the profits? Pole Tax and Labor suit wipe out nexy 2-3 years of "earnings". And "earnings" prior to that where lost in Vegas, and Vivid LA, and Jaguars, and high debt, and lawyer fees and Superbowl perks.
Come on man!...... Where's shareholders' $$$$$$$$$ for once?
16 years guy? Produce or LEAVE!
And he will pay for personal use of company jet.
And Wynn Resorts is a MUCH more profitable company than RICK and it returns big bucks to shareholders through dividends and special dividends. Why can't RICK shareholders have a CEO like that?
Then closed the store due to losses?
Who is the actual mastermind behind this gig? Why is that person still employed at RCI?
If you have 50 stores and close 49 because they were losing money, it isn't accurate to brag about the one store that stayed open and sales went up 4%.
Bottom line, the Vivid in LA should have never been opened with 180 strip clubs, or whatever, in the area. Couple of us pointed that out, management refused to listen and costed shareholders how many millions? Didn't they JUST buy out the partner in that deal? BRILLIANT move, LMAO!
Hate to see what will happen when they give you another one of those conference call tete-a-tetes:
Q. "How's the REIT going?"
A. Well ...honestly ... it's a little hard to get investors. You know you have these RICO laws where someone can score a little hard stuff on your property and the Feds can confiscate your real estate. Then ... who knew? ... a lot of the states have similar confiscation laws. So the perception is this could be a little risky for an outside investor, since you don't know what's going on in the properties.
heis... We see that you do not know the definition of "same store sales."
ouch someone didn't do any research prior to posting this #$%$ comment. you really don't have any idea what property in austin is worth? wow.
Property is worth what it brings. It is not like your cab, your cab is a liability. It smokes and is polluting our great country. Go back to India man, you stink
Your cab is still smoking. Get a new minivan next time instead of a worn out POS
Why do you care? Only if you were a short seller should you care. But according to your math, short sellers have not made any money either. Congrats?
Earnings can be fudged.
So why "strip" (steal) the book value from shareholders at this stage of the game through a private REIT?
Why take on debt, say the company can handle it, then say they need to unload the real estate to a private REIT to "pay down" debt? And the money will just about cover the pole tax and wage lawsuit. So I think the "pay down debt" is a lie!
To many contradictary actions by management in my book.