A casino in South Dakota apparently owned by Hollywood actor Kevin Costner has officially closed its doors after running for 26 years.
On August 29 Tuesday, the Midnight Star casino located in Deadwood, South Dakota announced it was going to shut down, leaving 40 of its employees without a job.
The business opened in 1991, the very same year the South Dakota-located film (directed by C[...] Read more » South Dakota casino owned by actor closes after 26 years
Joined: May '08
Location: Lithuania
Age: 39 (M)
Posts: 10090
well probably the place was not making any money or even worse making a loss year after year, so Costner decided to pull the plug and we can't really criticize him, after all the owners is the owner and he makes the decisions.
Joined: Mar '09
Location: Greece
Age: 47 (F)
Posts: 14136
I was surprised to see that costner owned the casino But with the years it remained open you can say it was successful , for quite some time. And it is someone that has made a fortune over the years. According to a search, they are estimating his net worth from 150 to 250 millions.
Joined: Mar '09
Location: Portugal
Age: 57 (M)
Posts: 1703
Hello my fellow mobsters This is tottaly new to me did not know that Kevin cosner owened a casino got for him well at the end was not so good because he close it but still 26 years where probably very profitable But there must be some or better there is another cause to the close up will never know
It's like the casinos attractiveness faded the same way as the actor/owners fame did. Cannot point out one sane man or woman who cares about Kevin Costner memorabilia much that they would travel to his casino.
Joined: Mar '11
Location: United Kingdom
Age: 55 (M)
Posts: 7371
It's always a great shame whenever you see a business close down but sometimes you just have to cut your losses. You cannot beat the buzz of a casino and the locals will probably miss this place greatly
Joined: Mar '14
Location: Japan
Age: 49 (M)
Posts: 8946
Kevin Costner... “The Bodyguard” is one of my favorite movies. Kevin plays Frank Farmer, a former Secret Service agent, who guards and protects a pop singer Rachel Marron (portrayed by Whitney Houston). I think the movie was released in 1992. Around the same time the casino opened its doors.
Edited by Tony_MON7ANA (05 September 2017 @ 07:35 GMT)
Joined: Aug '10
Location: Germany
Age: 52 (M)
Posts: 2219
I thought every Casino in the world was a money machine. You can find at every place on earth enough gambler to make profit with a Casino. But it seems, against the big Casino it was not so easy to earn enough money.
Joined: Jan '14
Location: Romania
Age: 44 (M)
Posts: 13295
A business that can no longer be profitable can not be keep open. Kevin Costner can not pay the salary of the employees in every month when the casino goes down. Bankruptcy it happens because of what he says in the article could not keep up with the options that new casinos had. Another mistake is bad management of the team and business is gone.
Kevin had a casino ???? .... for me it's a surprise .... 26 years of work, of course, a long period of work ... but in the end it all ended in bankruptcy ... sad ... maybe in this casino you could really win if in the end everything ended bankrupt .... good luck to Kevin in another business
