Entertainment money pours back into Las Vegas

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.

  

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