Double or Nothing: How Two Friends Risked It All to Buy One of Las Vegas' Legendary Casinos

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9780060835835: Double or Nothing: How Two Friends Risked It All to Buy One of Las Vegas' Legendary Casinos

Most young men who find themselves with more money at the age of thirty than anyone can expect to make in a lifetime would retire to an easy life. And the two friends tried to do that...briefly. But Tim Poster had a life-long dream of owning his own casino. Coming from a long line of Vegas bookmakers and gamblers, Tim has the intensity of a Joe Pesci character, and a bit of the volatility too. Together Tim and Tom persuade Steve Wynn to sell them The Golden Nugget, the storied property that Wynn himself used as the first step in building a gambling empire and making Vegas what it is today.Determined to bringing the real gamblers back to the Nugget located in downtown Vegas (a good 20 minutes away from the Vegas strip) Tim and Tom raised the odds to lure the high-rollers - and nearly lost their casino. In the end, Tom and Tim sold the Golden Nugget for $130 million profit, proving to everyone in Vegas who tagged them as lucky beneficiaries of the Internet craze that the boys were a force to be reckoned with.

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