Re: OK, I\'ll be honnest with you...
 

I'll be honest with you ... anyone with a boatload of money starting a new business in a field they know nothing about is going to fail.

Re: OK, I\'ll be honnest with you...
 

Acquiring a license from the state to operate a gambling facility is hard work. Lots of states have a few rooms, but they aren't looking to put more in.

Even Louisiana and Miss in their weakened state are unlikely to want someone who has no gaming background.

So if you're buddy really wants to get into gaming, tell him to buy someone else's license.

Re: OK, I\'ll be honnest with you...
 

I have always said, if I could obtain a legal gambling license in the state of Texas, I would open up a place in Austin instantly.

Re: OK, I\'ll be honnest with you...
 

find an indian casino that has no poker room, work out a deal to build and operate a card room on their land and then pay them a piece. as far as i know you won't have to deal with any other authorites(state, fed, local, ...) then the tribe's gaming commision

Re: OK, I\'ll be honnest with you...
 

Thanks for all the suggustions / ideas. He knows it will be a long road ahead with lots of obstacles.

Re: OK, I\'ll be honnest with you...
 

[ QUOTE ]
find an indian casino that has no poker room, work out a deal to build and operate a card room on their land and then pay them a piece. as far as i know you won't have to deal with any other authorites(state, fed, local, ...) then the tribe's gaming commision

[/ QUOTE ]

Even with indian casinos, I think the govt has some say. I know the Wisconsin tribes have issues with the govt all the time. Can't speak for other states. This is still the best idea I have seen so far on this thread though.

This sounds like a tough road. Outside of vegas, these places are charged high tax rates, face political opposition, if they do get legalized, they will quickly face competition from deeper pockets than your friend's.