this post was submitted on 12 Jul 2024
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The power of 21000 homes for advertising.
What's most impressive is that it is even legal.
Or profitable
Is it? Last I‘ve heard it was bleeding money.
This way some faulty internet lore. The money losses were from a fluke of timing the opening date of operations versus when quarterly finances were reported. Big startup costs meant the first numbers looked silly until they had enough events to get steady profits. They’re doing fine now.
Internet should’ve known better too. It’s hard to lose in Vegas and the investors obviously knew what they were doing. The power costs are shocking for sure though. Yikes!