So, the 'Golden Boys' are out of gaming... Does anyone have the real read on these guys? They claim they got an offer they couldn't refuse and on paper, that might be believable.
Until the Laughlin deal with Barrick fell apart, it looked like Poster Financial (the holding company for their investments) might make off with some cash. As it turned out, that deal fell apart (and into the court system) and Landry's ended up getting the Laughlin Nugget for no additional cash. Hmmmm... That's about $30 million that didn't go back into the pot.
Based on what we know, this seems like a botched deal to me. What do you guys think?