current EBITDA for Grand Victoria is in the $8M range. Pritzkers were motivated sellers. They were trying to get rid of this casino for years. There is room for margin expansion. I could see the EBITDA getting up to $10M run rate within a year of closing the deal. This casino attracts a different customer then the other casinos. I think this was a good purchase for FLL.
you can be sure its nit,,just mgt. doing a deal to hold their jobs for 3 - 4 more years and take huge pay, theybe old and dont talk english to shareholders,,iococca stays home and andre has no time to be in mich and help runs it