3 major changes in Vegas today...

[MonkeyF0cker]

1. City Center opens in its first phase today, with the introduction of the Vdara non-gaming, all-suite condo/hotel.

2. Binion's closes its hotel due to the economic conditions here. Plummeting room rates and occupancy forces them to close the Binion's Coffee Shop and hotel portion of their operation, cutting 100 jobs. The casino, steakhouse, and cafes will remain open.

3. Harrah's filed an application with the Gaming Control Board to acquire Planet Hollywood. When approved, they will control everything on the east side of the strip between Casino Royale and MGM. It also likely takes away a sportsbook out as PH was one of the few independent books remaining in town.

[SlickFazzer]

Good info. thanks.

[Iwinyourmoney]

1. City Center opens in its first phase today, with the introduction of the Vdara non-gaming, all-suite condo/hotel.

Got a offer in the mail for January from there, 3 free nights and $200 in food. Might have to check it out

[blittydeuce]

Thanks for the update MF. Do you know when city center will be completely ready?

[AMBlai01]

Matty Rain will be sad about the Binions news....that was his favorite place when he was in Vegas.

[MonkeyF0cker]

December 16th is the last phase of its grand opening, Blitty. That's when Aria opens...

[Matt Rain]

2. Binion's closes its hotel due to the economic conditions here. Plummeting room rates and occupancy forces them to close the Binion's Coffee Shop and hotel portion of their operation, cutting 100 jobs. The casino, steakhouse, and cafes will remain open.

Hope they can keep the rest of the property open. Their steakhouse was a huge surprise when I went this summer - had an amazing filet mignon on their tab.

[MonkeyF0cker]

I'm not sure (and I don't even think MGM is yet) as to when the Veer towers or the Harmon Hotel are due to be completed/opened...

[MonkeyF0cker]

Hope they can keep the rest of the property open. Their steakhouse was a huge surprise when I went this summer - had an amazing filet mignon on their tab.

Definitely. The steakhouse is excellent. I'd be lost downtown without their snack bars too. Plus they have some of the best poker tournaments in town. Solid structures and turnouts.

[Mudcat]

I won't trust any of this information until it is confirmed by Fishhead who is close personal friends with both Ace Rothstein and Robert Deniro who portrayed him in Casino.

[mr. leisure]

Definitely. The steakhouse is excellent. I'd be lost downtown without their snack bars too. Plus they have some of the best poker tournaments in town. Solid structures and turnouts.

Take a picture with the million dollars and get a $10 match play

[Brock Landers]

what is happening with the old stardust site? I believe work was halted on that and remains that way. What was it called, Echelon place?

[Shark79]

Great insight MF.

Would luv to fly back to Vegas for another sweet weekend.

[MonkeyF0cker]

Yeah. Construction on Echelon is still halted, Brock. Economic conditions here continue to worsen. We won't be seeing the completion of Echelon for years - if we ever do...

[blittydeuce]

I won't trust any of this information until it is confirmed by Fishhead who is close personal friends with both Ace Rothstein and Robert Deniro who portrayed him in Casino.

[Shark79]

Blitty ... u up for another Vegas trip ?

[MonkeyF0cker]

Great insight MF.

Would luv to fly back to Vegas for another sweet weekend.

Definitely, bud. Good times.

[AMBlai01]

Definitely. The steakhouse is excellent. I'd be lost downtown without their snack bars too. Plus they have some of the best poker tournaments in town. Solid structures and turnouts.

That snack bar was heavenly....next time I am back in Vegas (at least downtown) I want to go back. Great food for a great price.....

I won't trust any of this information until it is confirmed by Fishhead who is close personal friends with both Ace Rothstein and Robert Deniro who portrayed him in Casino.

[blittydeuce]

Blitty ... u up for another Vegas trip ?

You know it Mang!!!!!

[Shark79]

Amby ... u remember that place at the end of the street (in downtown) ... great food for a reasonable price .. no doubt

U ready for another Vegas trip Amberto ? ?

[AMBlai01]

Can't remember the name of the place we ate at...but it definitely was pretty good especially for the price.

I am down for another trip...always.

[Trident]

I won't trust any of this information until it is confirmed by Fishhead who is close personal friends with both Ace Rothstein and Robert Deniro who portrayed him in Casino.

Rumor has it he was parked right next to Ace when they blew up his car and came away without a scratch.

[philswin]

Think CityCenter was partly financed by that Dubai company having so much trouble wonder if that will affect City Center at all.

[soli]

So what's the best Harrah's owned Sportsbook on the strip?

[Steeve]

That really blows about PH. That is my favorite casino. I guess I need to find a new hangout, if what you posted is true.

[MonkeyF0cker]

Think CityCenter was partly financed by that Dubai company having so much trouble wonder if that will affect City Center at all.

Yeah. Dubai World. They own the M Resort too. They are facing liquidation of some of their properties. Their two Las Vegas interests aren't thought to be in any danger of this, however.

[MonkeyF0cker]

So what's the best Harrah's owned Sportsbook on the strip?

Caesars Palace

[MonkeyF0cker]

That really blows about PH. That is my favorite casino. I guess I need to find a new hangout, if what you posted is true.

Agreed. Harrah's knows how to turn something good into vanilla crap too. Hate to see that happen to PH. I really hate to see the book go to Harrah's more though...

[Bread]

Um....Nice info...but why are MF, Blitty, Sharky and Amby planning a Vegas trip without me?

It's like dat dirty??

[gomiamigo]

Yeah. Dubai World. They own the M Resort too. They are facing liquidation of some of their properties. Their two Las Vegas interests aren't thought to be in any danger of this, however.

Not exactly, they are proposing a 6-month moratorium on paying interest. I sincerely doubt bondholders would prefer near-unsellable CRE in this environment over cold hard cash in 180 days. They would deal the trophy properties but only at the right price.

[tltaylor89]

Nice

[MonkeyF0cker]

Um....Nice info...but why are MF, Blitty, Sharky and Amby planning a Vegas trip without me?

It's like dat dirty??

LOL. We already counted you in...

[MartinBlank]

I am stunned the casinos have been able to remain open at all.

[MonkeyF0cker]

Not exactly, they are proposing a 6-month moratorium on paying interest. I sincerely doubt bondholders would prefer near-unsellable CRE in this environment over cold hard cash in 180 days. They would deal the trophy properties but only at the right price.

I was simply stating what they may be facing if their debtors don't approve it. From everything I've heard here, nobody seems concerned about their properties here as a result of their financial woes.

[odusmykal]

December 16th is the last phase of its grand opening, Blitty. That's when Aria opens...

Thanks, MF