"Dusk till Dawn" Poker Club In Nottingham Diary (by Rob Yong)

[robyong]

Nick came round today to give me some good news. Our application for Casino Planning has been granted today, this is really good news and will help our Gaming Licence progress aswell. I'm still narked that they changed the law in April 2006 and we had to re-apply for a new licence, but its a relief, and now we can finally get started on the re-fit. I just cannot see us not getting the Gaming Licence now after this piece of good news, but nothing would surprise me with this process. Anyway, something positive to report for the minnows of the gaming world.

Nick was round my house last night, he won a seat on Stars for the WSOP main event so he'll be joining Chubbs out there. He's been flat out on our last apartment project so the "break" will do him good, ready to get stuck into the DTD re-fit project when he gets back. You never know, maybe he'll get a big cash and lend me some money to replenish my ever decreasing cashflow. I'm not joking..............I'm well over £600k costs now and don't have much to show for it. I'm paying wages and bills out left right and centre with no revenue coming in, hopefully now that Rebecca, my FD, has taken over the money side, we'll get some type of controls in place. She is doing her nut with all the money I am spending, and I keep having to get her to "have faith".

Once I can get this Gaming Licence nailed down, I know I can start to turn the corner and things will progress at a much faster rate. Also, when we get some DTD office space (there is loads of room above my pub,The Broxtowe!) I can start putting some pressure on people, its all a bit disjointed at the moment. What started as a throw away comment by Nick , quote: "why don't we just open our own poker club?", after being ejected from Notts Gala for being 1 minute late, has created a monster. I suddenly find myself trying to put together a business much bigger than I first anticated with many more complications. In reality, there is no more international poker for me for the foreseable future.

Anyway, I have a much better idea of the costs now, I had to supply the Gaming Board with all of the financial information on set up and running cost and they are as follows:

Set Up:

Pre-Opening Costs (licencing, wages, planning, design, IT etc)     £0.75m
Re-Fit Costs (building works, flooring, electrics, heating etc)         £0.90m
Fixtures & Fittings (poker tables, chairs, furniture, Audio, TV etc) £0.35m

                                                                             Total      £2m

Year 1 Running Costs

Wages  (dealers, bar staff, management etc)                           £1.25m
Overheads (lease, rates, utilities etc)                                       £0.35m
Marketing (online & Live)                                                        £0.40m

                                                                             Total     £2.0m

A bit scary, but you need that to get the adreneline going, don't you?

Cheers Rob

[Chili]

My head hurts

[RED-DOG]

Got my adrenalin going just reading about it!

[M3boy]

WOW Rob, those figures are astounding!! Especially as I presume this is all your own money and not financed.

Hell of a risk,,, but I am sure it will be all worth it.

Haven't met you many times, but with your drive/determination/belief .....etc    NO PROBLEM!!

[Robert HM]

This thread really holds the attention. It really is looking good.

[simonow]

 
By the way Rob Coached Nick last nite, and last year he won five Main event packages, so dont just write him off just yet in the Poker Players World. ( plus he taught me to play heads up, even ariston could beat me before then)
Chubbs

[Karabiner]

Damn those figures are scary !

Terrific news about the planning permission though. It would seem illogical to grant that and deny the license.

 

[robyong]

GOOD NEWS
I got a phone call from the Gaming Board tonight. They are have finalised their report on Dusk Till Dawn and are recomending that we are granted the gaming licence. However, as a new applicant (rather than a Gala or Grovesnor etc), I still have to attend 1 more interview at their new head offices in Birmingham. They told me that subject to me "not totally blowing the interview" we will recieve our gaming licence in mid August. The Senior Gaming Inspector, Bob Meek, who has dealt with the Dusk Till Dawn application, , has never had one of his recomenedations overturned in his 20 years of service at the Gaming Board. Following that, we also have to apply to the local council at attend a magistrates hearing in Nottingham, but again, they told me that this should also be a formaility based on the strength of our application". I would say its 95% there, allowing 5% just because nothing in life can be 100%, as us poker players all know.

BAD NEWS
One of the conditions of them granting the licence is that I will not be able to play poker at Dusk Till Dawn.

Cheers Rob

[Div]

Great news Rob - though the extra condition is a real shame.

Congratulations.

[Robert HM]

I want to congratulate you on that post but that last bit of news is a bitter pill to swallow.

[Tonji]

Congratulations Rob (I think), but were you expecting that last bit? Seems hard, when part of your aim was to play in your own club.

[Royal Flush]

Thats like having AK vs AQ, the flop coming K2J turn Q river T. You didnt get beat but you didnt exactly win either!

Look on the brightside though m8, thats an extra 100k you will save a year

[simonow]

Thats like having AK vs AQ, the flop coming K2J turn Q river T. You didnt get beat but you didnt exactly win either!

Look on the brightside though m8, thats an extra 100k you will save a year

The way the Yong is running at the mo, it could be saving him 100k a month

[dik9]

Well pleased for you Rob, fantastic news and compelling reading. All that hard work and red tape must be grinding, but the light at the end of the tunnel is now looking very near and the weight can start easing off your shoulders now. Best of luck in Brum!!

[Karabiner]

WOOOOOOOHOOOOOOO