and like most of his gambling, he is a loser. The 51.1 million dollar check was in settlement of a 72 million dollar debt so he only lost 20 million dollars of the shareholders money on that great investment. History shows - Grand Casino, Stratosphere, that he is a loser, like most big risk takers.
Despite what you post he has been very successful ant managing "RISK" and his only fault can be found that after 400,000,000.00 in Gross Revenues he appears to reach his limitation at which time he sales.
His track record with Start-ups is very tough to beat as he has more then one become a Small-Cap publicly traded vehicle.
Wow! What brought on this short Lyle history? Anyway the check was 57.1m.
not 51.1m Secondly, if your timing was good, you made out quite well on Grand
Casino stock Lastly Rocky Gap is shaping up an excellent future income producer.
Relax and enjoy the future of LACO..
I took a beating in both Grand Casino and Stratosphere. Lakes, I have owned from day 1 and it has also been a disaster. Lyle is a wealthy man, however, he does not know how to run a gambling company, the aforementioned disasters being 3 examples.