Two weeks after we broke down why Paradise Co. bought a 501-room tower for $151 million, the doors are open and the press releases are flying. The question I asked then is the same question I'm asking now: what happens when the VIP tables go cold?
Paradise City just added 501 Hyatt Regency rooms next to its Grand Hyatt, bringing total inventory to 1,270 keys at an integrated resort near Incheon Airport. The question nobody's asking: who's actually filling those rooms, and what happens when the casino VIP pipeline hiccups?
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