The man has one heck of a guardian angel, that's all I can say. Jim Murren, the former CEO of MGM Resorts, the man who brought us resort fees is at it again. Seriously wonder about this. The man who has made his career out of nearly bankrupting people, companies, and economies, has a way of always coming out of it all wearing a smile and sporting a much fatter … [Read more...] about Kill the Economy, Make Millions, Again
A question that has been popping up on the Las Vegas forums a lot lately is asking about the recent news of the MGM being sold. So did the MGM sell the MGM, Mandalay Bay and the Bellagio? If so, what does that mean for the hotels? [arve url="https://youtu.be/s0f9RgEtr5w" title="Did the MGM really Sell the MGM?" /] The Short Answer The short answer is "Yes" MGM sold the … [Read more...] about Did the MGM Sell the MGM ? (video)
Our Week Begins Big News Story #1: This week started with leftover chatter about the Big News Story from last week when it was announced that MGM Resorts announced the possible sale of the Bellagio and MGM grand properties to the Blackstone Financial Group. Big Story #2: That chatter was pushed aside when the news broke that "Nevada gaming regulators move to ban casino … [Read more...] about Why Steve Wynn’s Las Vegas Must Die
Every time a new story about Steve Wynn and the decades-old allegations of sexual harassment makes the news, the famous scene in the movie Casablanca replays in my head. The scene where Captain Renault is shutting down Rick's Cabarete to show the German officials that he is truly in charge of Casablanca. Captain Renault tells Rick, " I'm shocked, shocked to find that gambling … [Read more...] about Steve Wynn and Rule #39
The problems with a company town; Just when you get a great idea that can benefit the tourists as well as the city, moving in the right direction, it gets filled in with dirty Nevada politics and open corruption that has defined the state since its birth. Enter exhibit 2000, the Domed Stadium. Las Vegas and the State would benefit greatly from having a 60,000 seat … [Read more...] about Dirty Politics at the Dome? Nothing New Here Folks!