Tag: Las Vegas (Page 2 of 4)

      Drama for Wynn Casinos

      May 14, 2013 /

      Wynn Casino wikimedia public domain

      Steve Wynn has an incredible knack for creating the ultimate high roller experience. Sure, some also blame him for the corporate culture that invaded Las Vegas with the introduction of the Mirage. I guess those people liked it better when the mob ran Vegas. Regardless of that, Wynn was the main guy that brought Vegas out of the tacky 1970s into the ultra luxury era. After the Mirage can Bellagio, which elevated the standard even further. After cashing out, then he decided to put his name on the building. The Wynn casino wasn’t that much of a leap beyond Bellagio, but it did plant itself as one of the premiere luxury spots on the Strip. If you’re a group of guys or high rollers ready to have a great time in Vegas, then you can’t go wrong at the Wynn.

      But now Steve Wynn the person is back in the news, as his ex-wife is threatening his casino empire. BusinessWeek explains that “Elaine Wynn has asked a federal court for permission to sell the Wynn Resorts (WYNN) shares she was awarded in the couple’s 2009 divorce.” This is a problem as she’s a swing shareholder of the company. Even if she just sells half of her 9.6 percent stake, such a transaction could possibly trigger a series of events that would threaten Steve’s sway over his company according to the article.

      It’s funny how little things like a divorce, even a $750 million divorce, can have such a potential impact on a place like Las Vegas. Not that any of us really care. There are so many places in Vegas to gamble.

      Frankly, I wouldn’t be surprised if Wynn decided to start all over again. Now with Aria and Cosmopolitan, his Wynn casino is no longer the newest luxury hot spot on the Strip. The guy seems obsessed with setting new standards, so maybe all of this drama will lead him to create something new again. That said, the odds may be against that course of action. Vegas is so saturated right now with high end hotels, and the days of the whale from Asia seem to be gone with overseas competition. Still, we love new hotels, so who cares if it’s a financial success for Wynn. He can afford it, even after his $750 million divorce!

      Casino Games, Casinos, High Rollers, Luxury, Nightlife, Resorts

      Entertainment money pours back into Las Vegas

      January 16, 2013 /

      Las Vegas is still having some issues following the economic crisis of 2008. Things have changed a lot in the city, and as a result we saw a collapse in the local real estate market. While visitor numbers are creeping up, gambling receipts are still a problem as Macau attracts so many of the world’s high rollers.

      You wouldn’t be able to guess, however, if you pay attention to the shows and the nightclubs. Celine Dion just signed a $100 million extension with Caesars. and now there is speculation that Britney Spears could easily top that figure if she completes a deal as well.

      Meanwhile, the biggest, newest casinos are killing it. Places like Aria and the Cosmopolitan are packed with the beautiful people, while the hottest clubs are packing them in again.

      So Las Vegas continues to evolve. It still attracts the big time poker players, so it’s a mecca for that sport. As more people play online, it just creates more and more players who want to test their skills in person against the best in Las Vegas. If the feds ever get their act together and set up a federal regulatory system for online poker, the popularity will probably explode even more, and that’s very good for Vegas.

      The key, of course, is dealing with all the distractions when you get there. Of course we all want to live like a high roller, but living that life has its costs. The booze, the women and the all-night parties make it a lot harder to be effective at the poker table for long stretches of time.

      So the real key is discipline. Are you serious about being a winning poker player, or are you more concerned with bringing a hot babe to the Britney Spears concert? These are the choices you have to make. Win first, and then enjoy the festivities.

      Casinos, Nightlife, Poker

      Dayclubs reopening in Las Vegas

      April 21, 2012 /

      It’s been a long winter. You’ve been watching a lot of TV, and all of your gambling has been done online as you stay up late playing online poker. You’ve been itching to get some warm weather and party by a pool to go with your gambling fix, so now is the time to start planning your trip to Las Vegas! It’s springtime, and the weather is warming up.

      This is a great time to hit Vegas as all of the dayclubs are starting to open up again. There are tons of options as Vegas has figured out how to bring the crazy nightlife alive during the day.

      This mostly started with the crazy Rehab Sundays at the Hard Rock pool. As you can see from the photo above, this was a wild a crazy party that definitely drew in a younger crowd. All of the nightlife elements like reserving a cabana and buying bottle service were brought to the poolside as well, and when you have girls in bikinis the atmosphere can get even wilder. Ditch Fridays at The Palms also became a huge hit.

      You also have mellower options like Bare at The Mirage. They have a DJ and it’s definitely a party, but it caters to a more chill crowd. This is great if you want to relax a bit as well and enjoy the beautiful sites of the pool.

      The whole dayclub scene has gotten even more popular now with some of the newer and trendier casinos like The Cosmopolitan which features the Marquee Dayclub. Here you definitely get the more upscale crowd along with celebrities and many well-known DJs. Cost to get in is usually around $80 per person (not counting local ladies!) so get ready to empty your wallet as well.

      These are just many of the new ways that Vegas caters to the party crowd. If you’re a high roller you can expect some VIP treatment from your casino host, but realize that the dayclubs are now one of the more sought after experiences in Vegas.

      Nightlife, Parties

      Rick Santorum would ban Internet gambling

      February 20, 2012 /
      U.S. Republican presidential candidate Rick Santorum speaks during a campaign appearance in Fallon, Nevada February 2, 2012. REUTERS/Robert Galbraith (UNITED STATES – Tags: POLITICS ELECTIONS)

      Social issues have returned for Republicans as they start talking about how they want to run your private lives. Now they’re going after Internet gambling.

      National Review’s Jim Geraghty wonders whether there might be a business-related reason behind casino magnate Sheldon Adelson’s reported opposition to Rick Santorum. Take a look at what the former Pennsylvania senator had to say about gambling during a recent interview with Jon Ralston:

      I’m someone who takes the opinion that gaming is not something that is beneficial, particularly having that access on the Internet. Just as we’ve seen from a lot of other things that are vices on the Internet, they end to grow exponentially as a result of that. It’s one thing to come to Las Vegas and do gaming and participate in the shows and that kind of thing as entertainment, it’s another thing to sit in your home and have access to that it. I think it would be dangerous to our country to have that type of access to gaming on the Internet.

      Freedom’s not absolute. What rights in the Constitution are absolute? There is no right to absolute freedom. There are limitations. You might want to say the same thing about a whole variety of other things that are on the Internet — “let everybody have it, let everybody do it.” No. There are certain things that actually do cost people a lot of money, cost them their lives, cost them their fortunes that we shouldn’t have and make available, to make it that easy to do.

      People who like gambling need to recognize that one party wants to tell you how to live your life.

      Casino Games, Casinos

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