Downtown Vegas is rocking and there are lots of people knocking. when April’s numbers came out last week, it was downtown’s revenues that raised more than a few eyebrows. Downtown’s
Tag: Economy
Caesars Entertainment Finally (?) Going PublicCaesars Entertainment Finally (?) Going Public
Today Caesars Entertainment set it’s IPO price range in an effort to go public to raise funds. NEW YORK (MarketWatch) — Casino operator Caesars Entertainment Corp. on Thursday said it
What Are People Spending Money On In Las Vegas?What Are People Spending Money On In Las Vegas?
Q: What are people spending their money on in Vegas? A: Not what they used to spend it on. Over the past year people (including me) have questioned the Cosmopolitan
Las Vegas…You’re A Has-BeenLas Vegas…You’re A Has-Been
I love Vegas and you love Vegas, but does Wall-Street love Vegas? Maybe they don’t love Las Vegas. In a year-end review of MGM Resorts International’s stock price, The Motley Fool said
Stratosphere or Hilton…Who Would You Kill?Stratosphere or Hilton…Who Would You Kill?
I was reading this article about Goldman Sachs denying that they’re foreclosing on the Las Vegas Hilton in order to keep the Stratosphere alive and I got to thinking which of these
Caesars Entertainment Customers Spending Much LessCaesars Entertainment Customers Spending Much Less
Gary Loveman of Caesars Entertainment was on Nightly Business Report on PBS recently to talk business. Nothing he said was too surprising, but he did have a couple of interesting
Hilton Out…Sahara In?Hilton Out…Sahara In?
Colony Resorts (part of Colony Capital) announced yesterday that they’re ending their relationship with Hilton at the end of the year and that Las Vegas Hilton would be no longer
George Maloof: Chairman of the Board of the PalmsGeorge Maloof: Chairman of the Board of the Palms
Good thing Matt Goss isn’t at Palms any longer or George Maloof may not be able to tell people that he’s the Chairman of the board a la Frank Sinatra.
MYTHBUSTER: Proof Cosmo Doesn’t Care About GamblersMYTHBUSTER: Proof Cosmo Doesn’t Care About Gamblers
I’ve written about the Cosmopolitan’s lack of marketing to gamblers and how I don’t understand why they they would avoid such a large part of the market before. The NY
Steve Wynn Doesn’t Like Barack ObamaSteve Wynn Doesn’t Like Barack Obama
Sensational headline? Maybe. Judging what Steve Wynn says in this video it seems as he doesn’t like nor agree with the Barack Obama and his staff’s current political policy. This