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re: The new Las Vegas Sphere is not doing well at all
Posted on 11/30/23 at 9:42 am to UnitedFruitCompany
Posted on 11/30/23 at 9:42 am to UnitedFruitCompany
quote:
Anything they report before year 5 is strictly for tax purposes.
Tax purposes likely play a part but if they are having significant problems with getting revenue, which certainly can happen in a bad economy, they may end up in a really bad spot.
The oil state economies were so bad in the mid-80s due to oil prices bottoming out that all entertainment started avoiding the area. No music, no pro wrestling, even all the escort agencies in New Orleans went bust.
When people aren’t buying hookers in New Orleans, things are bad.
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