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#1512331 --- 01/12/18 08:03 AM Negative outlook for del Lago: Moody’s report
newsman38 Offline
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Registered: 03/21/01
Posts: 4947
Loc: Fourth Estate
Moody’s report: Negative outlook for del Lago

Moody’s Investor Services has downgraded del Lago’s Corporate Family Rating to a negative outlook. Analysts say the resort and casino is about $100M short of expected goal citing too many other casinos close to them. Moody’s is a global provider for financial research on bonds issued by commercial and government entities.

By News partner, News10NBC
Posted at 7:18 AM

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#1512337 --- 01/12/18 11:28 AM Re: Negative outlook for del Lago: Moody’s report [Re: newsman38]
scwoodchuck Offline
Senior Member

Registered: 05/22/14
Posts: 1935
Loc: LOST IN SPACE
And the Oneidas are about to open another casino near Syracuse March 1st
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I can't wait till humans evolve into an intelligent species.

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#1512338 --- 01/12/18 01:05 PM Re: Negative outlook for del Lago: Moody’s report [Re: newsman38]
Here's Johnny Offline
Senior Member

Registered: 11/14/10
Posts: 847
Loc: New York
The bad idea that became the next big thing has begun the death spiral

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#1512339 --- 01/12/18 01:52 PM Re: Negative outlook for del Lago: Moody’s report [Re: scwoodchuck]
kyle585 Offline
Gold Member

Registered: 02/18/09
Posts: 19801
Loc: Somewhere out there
Originally Posted By: scwoodchuck
And the Oneidas are about to open another casino near Syracuse March 1st
The idea that upstate NY could support this many casinos is pathetic and is now coming home to roast as I predicted since it was first proposed.
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#1512367 --- 01/12/18 03:31 PM Re: Negative outlook for del Lago: Moody’s report [Re: kyle585]
Top Dog Offline
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Registered: 04/25/00
Posts: 1988
Loc: Lap Dog
Only made 150 million. Practically starving. We are getting 125,000 more vehicles off the thruway exit monthly. This isn't a small addition to the county.

Patrons need to stop visiting NA casinos... This is the Gov Cuomo's effort to fight them at their own game.

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#1512370 --- 01/12/18 04:13 PM Re: Negative outlook for del Lago: Moody’s report [Re: Top Dog]
Timbo Offline
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Registered: 07/18/12
Posts: 14295
Loc: CNY
Originally Posted By: Top Dog
Only made 150 million. Practically starving. We are getting 125,000 more vehicles off the thruway exit monthly. This isn't a small addition to the county.

Patrons need to stop visiting NA casinos... This is the Gov Cuomo's effort to fight them at their own game.

Apparently, people have instead decided to stop visiting del Lago. grin
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Everyone's entitled to their own opinions, but not their own facts.

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#1512372 --- 01/12/18 05:24 PM Re: Negative outlook for del Lago: Moody’s report [Re: Timbo]
kyle585 Offline
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Registered: 02/18/09
Posts: 19801
Loc: Somewhere out there
I picture Native Americans of the past as a proud people. Fierce warriors and families living a simple life of hunting and fishing.

So what about their ancestors in today's world? Are they farmers and fishermen? Maybe work with their hands like Amish and Mennonites on simple projects? No they are into two of the least desirable businesses that exist today in my opinion: gambling and cigarettes. I think their ancestors would be appalled.
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#1512373 --- 01/12/18 05:54 PM Re: Negative outlook for del Lago: Moody’s report [Re: Timbo]
Top Dog Offline
Senior Member

Registered: 04/25/00
Posts: 1988
Loc: Lap Dog
Originally Posted By: Timbo
Originally Posted By: Top Dog
Only made 150 million. Practically starving. We are getting 125,000 more vehicles off the thruway exit monthly. This isn't a small addition to the county.

Patrons need to stop visiting NA casinos... This is the Gov Cuomo's effort to fight them at their own game.

Apparently, people have instead decided to stop visiting del Lago. grin


Sorry. But it means less than projected. A projected number that probably can't be met with the current traffic flow available to visit the facility. 125,000 more vehicles a month at the exit is a fact.

It will be fine. Not as big as promised.

Indians are jealous and angry.

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#1512377 --- 01/13/18 02:49 AM Re: Negative outlook for del Lago: Moody’s report [Re: Top Dog]
kyle585 Offline
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Registered: 02/18/09
Posts: 19801
Loc: Somewhere out there
Originally Posted By: Top Dog
Indians are jealous and angry.
I am jealous of the Indians who do all this without paying taxes.
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#1512379 --- 01/13/18 02:53 AM Re: Negative outlook for del Lago: Moody’s report [Re: Top Dog]
Timbo Offline
Silver Member

Registered: 07/18/12
Posts: 14295
Loc: CNY
Originally Posted By: Top Dog
Indians are jealous and angry.

I submit that from the sound of your post, that it is you who is. whistle
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#1512380 --- 01/13/18 02:54 AM Re: Negative outlook for del Lago: Moody’s report [Re: kyle585]
Timbo Offline
Silver Member

Registered: 07/18/12
Posts: 14295
Loc: CNY
Originally Posted By: kyle585
So what about their ancestors in today's world?

I'll give you one guess why that might be. whistle
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Everyone's entitled to their own opinions, but not their own facts.

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#1512382 --- 01/13/18 10:37 AM Re: Negative outlook for del Lago: Moody’s report [Re: Timbo]
Top Dog Offline
Senior Member

Registered: 04/25/00
Posts: 1988
Loc: Lap Dog
125,000 cars a month coming to our casino. Not yours.

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#1512389 --- 01/13/18 11:15 AM Re: Negative outlook for del Lago: Moody’s report [Re: Top Dog]
Timbo Offline
Silver Member

Registered: 07/18/12
Posts: 14295
Loc: CNY
Originally Posted By: Top Dog
125,000 cars a month coming to our casino. Not yours.

Not MY casinos. I have no use for them. I don't care who owns them.

Nor are those figures even relevant.
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Everyone's entitled to their own opinions, but not their own facts.

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#1512399 --- 01/13/18 12:50 PM Re: Negative outlook for del Lago: Moody’s report [Re: Timbo]
Top Dog Offline
Senior Member

Registered: 04/25/00
Posts: 1988
Loc: Lap Dog
Doesn't matter if it is relevant to you. Money out of the pockets of NA casinos. Relevant to me.

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#1512414 --- 01/13/18 05:10 PM Re: Negative outlook for del Lago: Moody’s report [Re: Top Dog]
Timbo Offline
Silver Member

Registered: 07/18/12
Posts: 14295
Loc: CNY

As I said... "jealous and angry".

I guess we can add "petty" to that list, as well.
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#1512416 --- 01/13/18 05:44 PM Re: Negative outlook for del Lago: Moody’s report [Re: Timbo]
Top Dog Offline
Senior Member

Registered: 04/25/00
Posts: 1988
Loc: Lap Dog
Thankful that I am not on your side.

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#1512418 --- 01/13/18 05:49 PM Re: Negative outlook for del Lago: Moody’s report [Re: newsman38]
Here's Johnny Offline
Senior Member

Registered: 11/14/10
Posts: 847
Loc: New York
Should have found a way to deal with the Cayugas long, long ago. They will always be here. The approach that has been applied has failed miserably.

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#1512427 --- 01/14/18 04:20 AM Re: Negative outlook for del Lago: Moody’s report [Re: Here's Johnny]
kyle585 Offline
Gold Member

Registered: 02/18/09
Posts: 19801
Loc: Somewhere out there
Originally Posted By: Here's Johnny
Should have found a way to deal with the Cayugas long, long ago. They will always be here. The approach that has been applied has failed miserably.
You are so right.
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#1512437 --- 01/14/18 02:07 PM Re: Negative outlook for del Lago: Moody’s report [Re: kyle585]
Timbo Offline
Silver Member

Registered: 07/18/12
Posts: 14295
Loc: CNY
Originally Posted By: Here's Johnny
Should have found a way to "DEAL WITH" the Cayugas long, long ago.

What... genocide not good enough for you? eek
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Everyone's entitled to their own opinions, but not their own facts.

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#1512439 --- 01/14/18 03:18 PM Re: Negative outlook for del Lago: Moody’s report [Re: Here's Johnny]
Timbo Offline
Silver Member

Registered: 07/18/12
Posts: 14295
Loc: CNY
Originally Posted By: Here's Johnny
They will always be here. The approach that has been applied has failed miserably.

Not for lack of trying though, right? eek
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Everyone's entitled to their own opinions, but not their own facts.

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#1512453 --- 01/15/18 05:40 AM Re: Negative outlook for del Lago: Moody’s report [Re: Timbo]
Top Dog Offline
Senior Member

Registered: 04/25/00
Posts: 1988
Loc: Lap Dog
Again, live in squalor while the elite live lakeside.

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#1512457 --- 01/15/18 11:04 AM Re: Negative outlook for del Lago: Moody’s report [Re: Top Dog]
Timbo Offline
Silver Member

Registered: 07/18/12
Posts: 14295
Loc: CNY

You're quite the social crusader. crazy
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Everyone's entitled to their own opinions, but not their own facts.

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#1512458 --- 01/15/18 11:12 AM Re: Negative outlook for del Lago: Moody’s report [Re: newsman38]
Get Real Offline
Senior Member

Registered: 11/22/00
Posts: 714
Loc: Seneca Falls, NY
You do realize the initial profit forecasts were made over 5 years ago right? The casino isn't going anywhere, and also remember that money they made is without the hotel being open for 5 or 6 months.
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#1512459 --- 01/15/18 11:58 AM Re: Negative outlook for del Lago: Moody’s report [Re: Get Real]
kyle585 Offline
Gold Member

Registered: 02/18/09
Posts: 19801
Loc: Somewhere out there
Originally Posted By: Get Real
The casino isn't going anywhere,
That is what a great businessman/owner thought here too. And it was on a famous boardwalk and ocean front, not in smelly cow country.

http://www.latimes.com/business/la-fi-trump-taj-mahal-20170509-story.html

by Associated Press - May 9, 2017

The Trump Taj Mahal, the Atlantic City, N.J., casino that the real estate mogul built for $1.2 billion in 1990, went for 4 cents on the dollar when it was sold in March.
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**** ATTENTION! BAD POLITICIANS ARE ELECTED BY GOOD PEOPLE WHO DON'T VOTE! ****

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#1512466 --- 01/15/18 06:08 PM Re: Negative outlook for del Lago: Moody’s report [Re: newsman38]
Here's Johnny Offline
Senior Member

Registered: 11/14/10
Posts: 847
Loc: New York
A flawed approach.

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#1512528 --- 01/18/18 12:07 PM Re: Negative outlook for del Lago: Moody’s report [Re: kyle585]
Timbo Offline
Silver Member

Registered: 07/18/12
Posts: 14295
Loc: CNY
Originally Posted By: kyle585
I picture Native Americans of the past as a proud people. Fierce warriors and families living a simple life of hunting and fishing.

So what about their ancestors in today's world? Are they farmers and fishermen? Maybe work with their hands like Amish and Mennonites on simple projects? No they are into two of the least desirable businesses that exist today in my opinion: gambling and cigarettes. I think their ancestors would be appalled.

Thank God that Europeans and their descendants from the time of Sir Walter Raleigh to Philip Morris to Donald Trump have never sullied their hands with such immoral endeavors.

Fool, educate thyself:
https://indiancountrymedianetwork.com/news/business/2016-hot-list-native-businesses/
https://www.inc.com/inc5000/list/2015/diversity/nativeamerican
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Everyone's entitled to their own opinions, but not their own facts.

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#1512551 --- 01/18/18 06:24 PM Re: Negative outlook for del Lago: Moody’s report [Re: newsman38]
cwanky Offline
Member

Registered: 06/29/07
Posts: 247
Loc: new york
I am a gambler, have been for many years. I was thrilled with the prospect of a casino within minutes of my home .
When DeLago opened i went there on a regular basis saving myself over an hour travel to Turning Stone.

It has been many many months and will continue forever that i do not go to DelLago. I could post many reasons but first and foremost is I can't win jack there.......

I enter TS with 3 or 4 hundred dollars and play all day.
Same 3 - 4 hundred dollars in Lago is gone is less than 1 hour. same machines same bet money is gone.

Before you mouth off I am not new at this, been losing for many years. I have played same machines exactly the same machines at each establishment and TS returns way more opportunity than DelLago can even pretend to.

While multi million dollar casinos are built strictly to take my money, (i know this better than most) Lago is like a boat in my opinion, A boat is a hole in the water where you pour your money. Lago is a building that makes owning a boat look like a grand bargan.
Indians or not lago has to learn you can't milk your cows to death.
cwanky

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