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Entertainment Gaming Asia Inc. Message Board

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  • jssurfer jssurfer May 28, 2011 7:16 PM Flag

    The land is only worth $25,000 US

    we pay 1,000.00 for the land and 1,999,000.00 for the location... the first lot after the border crossing. like anything else the 3 most important things to concider when building any business
    location location location in that order. I think Clarence got the best piece of land after conversing with the company elecnomic. personally I think it was a great call... time will tell

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    • I think that some of that "location" money is used for the political "grease" needed to obtain a casino license in Cambodia. ;-)

      • 2 Replies to kidecar
      • K,
        Not convinced the political grease can be measured solely in $$$, but there is no question that EGT has the needed lubricant.

        No other way would EGT gain the approval and backing of the C government.

        Re location, remember Goldrush from 20ish years back ? Had THE premiere location in Central City, Colorado when CO legalized gaming in Black Hawk, Central City, and Colorado Springs. I went to see the property first hand. The first piece of land when entering Central City. GREAT piece of land.

        Goldrush went bankrupt. I lost hundreds (of thousands).

        But they did have a great parcel, first piece of property "after the border" from Black Hawk into Central City.

        (For the record, I am counting on much better results from EGT, but then again I was expecting great things from Goldrush.)

        Regards

      • yep... I think that is one of those we cant say but your right statements!!

 
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