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Old 12-02-2011, 06:49 PM
 
Location: Up above the world so high!
45,270 posts, read 88,260,799 times
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Trump in talks to buy golf club on Lake Norman | CharlotteObserver.com & The Charlotte Observer Newspaper (http://www.charlotteobserver.com/2011/12/02/2820943/trump-in-talks-to-buy-point-lake.html - broken link)
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Old 12-02-2011, 07:41 PM
 
205 posts, read 570,478 times
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The article says (among other things) people are afraid he might build Casinos there. From what I can recall, none of that area is on an Indian Reservation. Is there any other way he could do that?
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Old 12-02-2011, 08:02 PM
 
Location: Charlotte NC
1,077 posts, read 2,198,985 times
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HALLELUJAH!!!!! Bring on the casinos!!!!!! I'm sick of driving 3-4 hours to play poker, like I'm gonna do tomorrow lol.

Anyways, since there were no specific concerns by the OP, I'll throw my $.02 in:

I don't see how this can be anything but a positive, maybe with the exception of people who currently live in the Point Lake community, or eventually The Don himself. The most likely scenario is he will take a high end living community that 99% of us will never live in and make it nicer and more expensive to live in. Who cares?!? Oh, and he'll probably take what I'm sure is a nice golf course and turn it into an insanely nice golf course. Who cares? Well, I do...if I can ever sneak on there, I'll be stoked! Here's a few snippets from the article along with my feedback, if anyone gives a hoot:

"Among their concerns: Could Trump take the club public? Could he build casinos and hotels, raise fees or load the club with debt? Might some families be priced out of the Point?"
- and again, I say who cares, or yes, do it! Build the dang casinos. Make the course public (it'll still be too expensive for me to play).

"The 900-lot Point golf course community was built by Crescent Resources in the late 1990s and has attracted NASCAR drivers, sports figures, medical professionals and executives from the nearby Lowe's Cos. headquarters. The median house size is 4,500 to 5,000 square feet, and the average lot size is an acre. In 2006, the average home price was more than $1 million."
- dang, just when I was about to buy a 5,000 sq ft house, they're gonna go and make em bigger!

"All homeowners must be club members and pay annual dues ranging from $6,000 to $18,000 in addition to initiation costs and other fees. "
- wow, that's gotta suck, to be able to do that.

"Trump said he and his father are not looking to buy development rights at the Point. The sale would be a strict golf play, he said."
- wait, no casinos? dang it!
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Old 12-03-2011, 06:09 AM
 
Location: State of Being
35,885 posts, read 66,980,955 times
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Unfortunately, it would take legislative action to allow anyone to build a casino anywhere in NC.

Too bad. We need the revenue and I love BlackJack, lol.

Who knows if this will even go through, but if it does . . . I think Trump's organization has proven to be topnotch w/ resort properties, so sounds like a winner to me.
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Old 12-03-2011, 06:17 AM
PDD
 
Location: The Sand Hills of NC
8,776 posts, read 14,795,499 times
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One thing for sure if Trump takes over the golf course it will be the "Best" golf course in NC.
Everthing Trump owns is the "best" if you don't believe me you can ask him.
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Old 12-03-2011, 06:18 AM
 
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I doubt they'd build a casino 7 miles from the closest highway that only has one road leading in and out. Trump owns a lot of properties that aren't casinos.
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Old 12-03-2011, 07:23 AM
 
Location: State of Being
35,885 posts, read 66,980,955 times
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Quote:
Originally Posted by GoPhils View Post
I doubt they'd build a casino 7 miles from the closest highway that only has one road leading in and out. Trump owns a lot of properties that aren't casinos.
Like I said . . . Trump or anyone else for that matter - cannot build a casino in this state. It is illegal. It would take legislative action to change laws to allow anyone to put a casino anywhere in this state. The only reason Harrah's is here is b/c it is on land owned by the Eastern Band of the Cherokee Indians and they have a pact with the state of NC. Even with that pact, there are stipulations as to the types of gambling that can take place in the casino, i.e. "games of skill" only.
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Old 12-03-2011, 07:47 AM
 
5,869 posts, read 7,693,199 times
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Quote:
Originally Posted by anifani821 View Post
Like I said . . . Trump or anyone else for that matter - cannot build a casino in this state. It is illegal. It would take legislative action to change laws to allow anyone to put a casino anywhere in this state. The only reason Harrah's is here is b/c it is on land owned by the Eastern Band of the Cherokee Indians and they have a pact with the state of NC. Even with that pact, there are stipulations as to the types of gambling that can take place in the casino, i.e. "games of skill" only.
I know. I was just saying that I doubt they'd even have any intention of doing so at that location.
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Old 12-03-2011, 08:41 AM
 
Location: Salisbury,NC
10,482 posts, read 4,358,693 times
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The biggest concern is the donald's use of the chapter 11 rules when he over-leverages the golf course. He has done it 3 times at least and leaves behind debt and other problems. He should be asked to show a business plan which the members can see and have checked out.
A number of private clubs around the country are facing finanical problems. Some have become semi-private, some have closed.
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Old 12-03-2011, 08:49 AM
 
Location: State of Being
35,885 posts, read 66,980,955 times
Reputation: 22369
Quote:
Originally Posted by GoPhils View Post
I know. I was just saying that I doubt they'd even have any intention of doing so at that location.
Gotcha.

I am aggravated about the whole casino situation here in NC b/c I feel it is backwards . . . the state could use the tax revenue and I personally enjoy casinos and think many others would, too. At least put some on rivers or the coast. It would create jobs, too - both for construction of the facilities and for the employees later.

Like so many things, there are people who are deadset against gambling and so they squeal whenever casinos are mentioned and make it into a moral issue. Here is the way I see it . . . it is an enterprise, and one that employs people and raises tax revenue . . . and those who aren't into gambling and/or casinos don't have to patronize them.

I would love to see Trump come in and do the golf course thing - and it would be even better if his corporation added a hotel w/ a casino, lol.
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