Showing posts with label Casinos. Show all posts
Showing posts with label Casinos. Show all posts

Friday, December 14, 2007

Las Vegas Happenings

Snippets of Events

Ride 'em Cowboy: Plenty of goings on to celebrate the Valley of the Dollars this week. Pickup trucks have replaced limos as the primary means of transport among attendees of the National Finals Rodeo events. Of course, bucking broncos, Brahma bulls, and bareback steeds are among the means of transportation inside the Thomas and Mack Center, although some of the rides have been briefer than the cowboys had hoped. Wearers of huge silver belt buckles and their posses will have pumped more than fifty million smackeroos into the local economy during their stay. Yeeee-haw!

Palazzo Lallapalooza: One thing hotels and casinos do really really well is market. "Marketing idea of the season" goes to the Las Vegas Sands Corp. that decided to merge swinging hips with rose hips and enter a float for their Palazzo Hotel in this year's January Rose Parade. Never heard of the Palazzo hotel you say? That's why it is so brilliant! The $ 1.8 billion hotel will announce its opening to 40 million television viewers who watch the parade. The float will also show off the Palazzo's sister hotel, the Las Vegas Venetian. A brilliant idea by any other name doth smell as sweet.

Teaching is Taxing: Everybody knows that teachers are overworked and underpaid. Nowhere is that so evident as in Las Vegas. Reading, writing, and 'rithmatic may be taught to the tune of the hickory stick, but teachers need salary to pay for their cups of joe and celery. Each school year starts with thousands of teaching positions absent licensed teachers in large part due to poor salaries. The teacher's union did its homework and decided the gaming industry had not contributed its fair share of taxes. It hopes to send a discipline slip to the voters that will increase gaming taxes to pay for education.

Casino Execs Disrupt Classes: In junior high school many a fight has been started by talking about somebody's mother. In Nevada, fights start by talking about raising gaming taxes. Several big guns who collectively are building $ 14 billion worth of new resorts have told the teachers union, "Don't paddle my canoe." They are willing to write 100 times on the chalkboard, "We will not pay higher gaming taxes." The proposed 3% increase is not the new math gamers want to calculate. They want educators to look for the jackpot in another classroom.

Las Vegas Sings "O Solar Mio:" The Valley of the Dollars boasts more than 350 sunny days per year yet it continues to use the falling levels of the Colorado River, Hoover Dam, and Lake Mead as its primary source of energy. That's where the water turns the turbines that create electricity. With all the sun shining over the valley, developing solar energy resources seems to be a no-brainer. That's exactly what the solar company Ausra of Palo Alto, CA thought when it decided to build a huge solar thermal assembly plant in Las Vegas. The company makes solar power collectors. Las Vegas has as much solar power as anywhere else. With that we will end today's blog. Maestro, how about a little blogging music.... lets do, "You Are My Sunshine."

Dr. Forgot

Thursday, December 13, 2007

Aussies Get Canned In Vegas

A Crown in the Can

Las Vegas continues to be invaded by immigrants. Just as many local companies decided to try their luck in the new, hot Asian market, a group from Australia called Crown, Ltd. made a nearly $ 2 billion purchase of the Cannery Casino Resorts. The purchase caught many locals and Vegas watchers a bit off guard as the Cannery recently topped off construction on its newest casino on Boulder Highway, the former Nevada Palace. The Cannery casino opened a few years ago in North Las Vegas, adding to plethora of successful off-Strip neighborhood casinos in the Valley of the Dollars. Shortly thereafter the management team took over operations at the mucho upscale J.W. Marriott casino in Summerlin. The same group is also building a casino next to the Meadows Race Track outside Pittsburgh scheduled to open in 2009.

The fellows from the land of kangaroos are jumping with joy. They have been trying to enter the US gaming market for some time and apparently found their entry with the deal. No word yet on whether they will put a shrimp on the barbie in Cannery restaurants but the outback boys seem to be ecstatic over the deal which will take an estimated 18 months to fully consummate.

The announced deal will not be completed immediately. Gaming licenses must be obtained in Nevada and Pennsylvania. Crown is no stranger to the resort and gaming business. They have a couple of high class joints on their home turf as well as part ownership in casinos in Macau, Canada, and the United Kingdom. But the Cannery and J.W. Marriott casinos will clearly be the Crown jewels.

We predict that the deal will not only bring thunder from Down Under, it will bring marketing of Aussies to Las Vegas in order to gamble in "their" casinos. Crown owner, billionaire James Packer has a bloodline whose DNA runs deep in Las Vegas. His papa was a well known high roller on the Strip. Legend has it that Papa Koala Bear once walked away from the MGM Grand with nearly $ 40 million in winnings over several days. Junior of course plans to be on the other side of the casino cage. A little blogging music maestro... how about "Pennies From Heaven?"

Dr. Forgot

Wednesday, November 21, 2007

Las Vegas Strip Hotels

The "Strip" is considered to be Las Vegas Boulevard between Sahara Avenue and Russell Road. Between Sahara Avenue and Spring Mountain Road the major Strip hotels include:

Sahara
Riviera
Circus Circus
Wynn

From Spring Mountain/Sands to Flamingo Road Strip hotels include:

Venitian
Treasure Island (TI)
Mirage
Harrahs
Flamingo
Caesars Palace

From Flamingo Road to Tropicana Avenue Strip Hotels Include:

Ballys
Bellagio
Paris Las Vegas
Planet Hollywood
Monte Carlo
MGM Grand
New York New York

From Tropicana Avenure to Russell Road Strip Hotels include:
Tropicana
Excalibur
Luxor
Mandalay Bay

Other smaller hotels are along the Strip and some of those listed contain hotels within the hotels but those listed are the majot "Strip" Hotels, none of which, ironically, lie within the Las Vegas city limits.

Downtown Hotels:
The downtown area, sometimes referred to as Glitter Gulch, is essentially the first six blocks of Fremont Street. This is the city's most historic and oldest area.

Plaza
Las Vegas Club
Sal Sagev (makes sense if you're dyslexic)
Four Queens
Golden Nugget
El Cortez

Other smaller hotels and casinos can be found in the downtown area, but the ones listed are considered the majot downtown hotels.