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Thread: RIP All American Dave (at the WSOP, that is)

  1. #21
    Platinum FRANKRIZZO's Avatar
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    Hamilton worked there also.

  2. #22
    Gold Jayjami's Avatar
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    Lol Dave. He’s already admitted the LLC is insolvent. By distributing the physical assets to unsecured creditors who request those deposits back on a “first come, first served” basis, he is favoring one creditor over another. If the LLC then files bankruptcy, or a creditor forces the LLC into it, the trustee will have the power to demand return of those assets, in order to fairly distribute them.

    I don’t think there is any intentional fraud here. There were unforeseen circumstances (the move from the Rio). Don’t fault him for going to Fiji. It’s one of my favorite countries, and is about half the cost of going to Hawaii.

  3. #23
    Diamond TheXFactor's Avatar
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    There is a simple solution to this problem.

    All American Dave needs to setup in the Grand Bazaar Shops just outside of Bally's.

    They have Giordano's, Wahlburgers, Dirt Dog, Dave's Hot Chicken, etc.

    If you walk by the Grand Bazaar Shops at 3am you will see about 20 people in line to buy some middle-eastern food.

    They have plenty of units that they could rent out at the Grand Bazaar Shops some with kitchens some without.

    This is the solution to All American Dave's problem.

    Note about Bally's. The staff there have a real shitty attitude and they like to fuck with people. WSOP is going to be a fucking disaster. Paris Las Vegas is the exact opposite, they will bend over backwards to make things happen.


     
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      JoeD: I was thinking the same thing AAD either did not think this through carefully or there is more to the story

  4. #24
    Diamond TheXFactor's Avatar
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    Quote Originally Posted by Jayjami View Post
    Don’t fault him for going to Fiji. It’s one of my favorite countries, and is about half the cost of going to Hawaii.
    Only if Dan Bilzerian didn't pay the fucking bill.

    All American Dave is not a business man.
    He is a personal trainer and chef.
    In business, you must have vision and adapt to change.

    Dave was making over $700K for about two months of work for seven years.

    Dave is upset because Caesars won't allow him to deliver to customers tables like they do at Caesar's Palace Sportsbook.

    Become an official vendor and open a restaurant in Caesar's Palace food court then you can deliver wherever you want.




  5. #25
    Master of Props Daly's Avatar
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    Quote Originally Posted by PositiveVariance View Post
    He mentions the "WSOP was his business". Most people would love to have a business they can run 7 weeks per year that supports them all year. In my opinion he really took this for granted. It's one thing if he had assets to fall back on. If I was in his position, I would have took that income from the 7 weeks each year and considered it a windfall. Do something the other 45 weeks per year to support yourself. It's one thing if he was semi-retired and had assets to fall back on, but he didn't.
    He Works 7 weeks per year, then wonders what happened when shit goes bad.

    Far as I can tell he’s not bitching that the wsop pulled the plug on him and blaming the rest of the world for his problems.

    I’m sure he would love this gig back.

    I’m sure many of the rest of us would too.

  6. #26
    Master of Props Daly's Avatar
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    Quote Originally Posted by TheXFactor View Post
    There is a simple solution to this problem.

    All American Dave needs to setup in the Grand Bazaar Shops just outside of Bally's.

    They have Giordano's, Wahlburgers, Dirt Dog, Dave's Hot Chicken, etc.

    If you walk by the Grand Bazaar Shops at 3am you will see about 20 people in line to buy some middle-eastern food.

    They have plenty of units that they could rent out at the Grand Bazaar Shops some with kitchens some without.

    This is the solution to All American Dave's problem.

    Note about Bally's. The staff there have a real shitty attitude and they like to fuck with people. WSOP is going to be a fucking disaster. Paris Las Vegas is the exact opposite, they will bend over backwards to make things happen.

    Iím sure he would love this / but no fucking way they going to let him operate there unless they getting a huge chunk of the $$.

  7. #27
    Diamond TheXFactor's Avatar
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    So companies like Sunset Case that sell cellphone accessories must pay Caesar's 70% of all profits in order to operate at the Grand Bazaar Shops?

    Bullshit.


  8. #28
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    Thexfactor, just curious, where did you get the 700k figure?

  9. #29
    Master of Props Daly's Avatar
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    Quote Originally Posted by TheXFactor View Post
    So companies like Sunset Case that sell cellphone accessories must pay Caesar's 70% of all profits in order to operate at the Grand Bazaar Shops?

    Bullshit.


    Iím sure they ďjustĒ pay rent. I canít imagine what retail rent goes for on the strip but it ainít cheap.

  10. #30
    Diamond TheXFactor's Avatar
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    The $700K number comes from All American Dave himself.

    Dave is very hard-headed.
    He won't comprise on anything.

    He won't give up his food truck but won't operate it like a real food truck.

    Dave's prices are a little high for a food truck but people are buying $15 sandwiches and $20 pizza's from food trucks.


  11. #31
    Bronze donkeykilla's Avatar
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    Quote Originally Posted by TheXFactor View Post
    The $700K number comes from All American Dave himself.

    Dave is very hard-headed.
    He won't comprise on anything.

    He won't give up his food truck but won't operate it like a real food truck.

    Dave's prices are a little high for a food truck but people are buying $15 sandwiches and $20 pizza's from food trucks.

    He needs the truck so he can haul his toys around.

  12. #32
    Cubic Zirconia
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    It really bothers me that Dave borrowed money from the government, and pissed it all off because he doesn't know how to budget for a rainy day. I hope his loan does not get forgiven, or anybody else's for that matter. I own a small business that was impacted by COVID, but I didn't borrow a penny from anybody. In fact, I don't believe in going into debt, ever. Just my personal opinion.

  13. #33
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    Quote Originally Posted by Online Veteran View Post
    It really bothers me that Dave borrowed money from the government, and pissed it all off because he doesn't know how to budget for a rainy day. I hope his loan does not get forgiven, or anybody else's for that matter. I own a small business that was impacted by COVID, but I didn't borrow a penny from anybody. In fact, I don't believe in going into debt, ever. Just my personal opinion.

    I'm almost certain his loan was forgiven. All you have to say is that you used the money for certain things and your good. There was almost no enforcement for these PPP loans. The bank is on the borrowers side for these loans as the government pays off the loan to the lender. He likely blew that 200k plus on on ransom shit - not his business.

  14. #34
    Diamond TheXFactor's Avatar
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    You are supposed to spend most of the PPP money on your employees. Dave's got 60? No fucking way. Even during great times when he paid dozens of mostly women to deliver his meals, he never employed that many people at a time.

    What did Bankrupt Dave buy with nearly $250K? A Rolex? A new vehicle? A new home? A new girlfriend? Did he spend it on his wife & kid?

    Look Bankrupt Dave is a good chef and personal trainer.

    I think he could have made money being regular food truck but Dave doesn't have that kind of time and won't put the work in. What should Bankrupt Dave do now? He is finished in the poker community and probably with Las Vegas too.

    Move to Hollywood, train the rich and famous.

    You just know that you will see one of Dave's vehicles at a future Trump rally.


     
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