Some folks are wondering if the purchase of the Bourbon Street by Harrah's means implosion for the Flamingo.
I'm still a strong 'No' vote there but anything is possible in Las Vegas.
The Bourbon Street will close in October.
Bourbon Street to Close
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Categories: Business of Gaming, Caesars/Harrah's, Las Vegas Strip
Hunter, I'm not sure I understand. Do you mean the Flamingo could be imploded or Barbary Coast?
I stayed at Flamingo twice in either the late 1980's or early '90's. Both times they were adding another tower. It was in the heat of the summer, so the workers installing the iron beams started working in the middle of the night to avoid the heat. Never again will I stay in a place under construction or next to one.
It's amazing how many rooms Flamingo built on that relatively small piece of land.
There's been some chatter about The Flamingo being imploded, though I think it is unlikely.
If Harrah's ever bought Barbary Coast, now owned by Boyd, it might make sense to build an entire new property stretching from Flamingo Road to the Imperial Palace. Now that Engelstadt is gone, what's the possibility of Harrah's buying IP?
Harrah's would then own that entire side of the Strip from Paris/Bally's, across Flamingo Road all the way to Venetian.
Wow! Would that ever change the Strip.
Here's an article on Barbary Coast in the August 1 Las Vegas Sun:
I know that Harrah's has tried to buy the IP several times but Engelstadt's widow hasn't been very interested.
I think that's just a matter of time though - Harrah's would LOVE that property.
Another possiblity is that they will initially use this property as a staging area for an upcoming construction project, e.g., Bally's redevelopment.
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