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Non-Tech : CasinoBuilders.com (CSNO)

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To: Safe Cents who wrote (12)9/14/1999 3:25:00 PM
From: Gator  Read Replies (1) of 29
 
This is a tremendous opportunity, not only for CasinoBuilders, but also for casino entrepreneurs. Right now, it take a ton of cash to build or buy the initial casino, and then it takes money to advertise and build a customer base. What CasinoBuilders is offering is a line of credit to pay for the casino up-front, which will enable the entrepreneurs to utilize their saved cash for advertising. Cash flow will be positive much quicker with this approach.

What does CasinoBuilders get out of it? Well, hopefully the entrepreneur will by CSNO's avatar casino. If not, CSNO still gets something like a 30% return on gaming revenues as a management contract (which I think is part of the deal of the entrepreneur receiving the line of credit).

Looking for more big news soon.

Gator
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