The Mirage, June 8-11.
Posted by Mike E on June 15, 2008
I took my parents for a three-night getaway at The Mirage as a combined Mother's and Father's Day gift. This trip was ultra-mellow by my standards but just as memorable as any other. Rather than the usual play-by-play, I've broken the report down in sections. Feel free to skip around to parts that interest you.
(More after the jump)
Vegas Gang #10 - Economic Woes to Bankrupt LVS?
Posted by Hunter on June 13, 2008
Vegas Gang #10 is up - http://www.vegasgangpodcast.com
This episode focuses on the CityCenter walkout and the economy vs. Las Vegas. We cover a few stories on the specifics, including an entry suggesting that LVS is heading for Chapter 11. That may be an extreme outcome but its an interesting discussion point.
Also, a little bit on the iPhone and its impact on Las Vegas.
Enjoy the show and feel free to post your comments here.
UPDATE: Stiffs and George's has a story about Palazzo's underwhelming performance: http://www.lasvegasadvisor.com/blogs/dmckee/index.cfm/2008/6/13/Oops-he-did-it-again
UPDATED: Workers Strike at City Center, MGM Mirage Shares Fall
Posted by Hunter on June 3, 2008
The Las Vegas Sun is reporting on a workers strike at City Center, MGM Mirage's large development on the Las Vegas Strip.
Due to a rash of construction deaths, the workers are demanding increased safety provisions be made before work will start again.
http://www.lasvegassun.com/news/2008/jun/03/workers-walk-citycenter-site-protest/
Update: It's possible that work will re-start again soon - it appears Perini and the trades had a positive meeting.
Details on "ARIA" - City Center's Anchor Hotel
Posted by Hunter on May 19, 2008
As speculated, the name 'ARIA' is official.
MGM Mirage's press release had a bit more info than I've seen published elsewhere. I don't usually just publish these things but I think this is of interest so continue reading after the jump.
LV Sun: City Center Will Open in Stages
Posted by Hunter on May 16, 2008
Despite the original plan to open everything in November of 2009, it seems MGM Mirage is now planning to open the complex in stages, starting August 2009 with the first condo tower and going through December 15, 2009 when the main hotel opens.
http://www.lasvegassun.com/blogs/gaming/2008/may/16/citycenter-will-not-all-open-once-after-all
NOTE: They refer to the main hotel as 'Aria'. It's my understanding this name was scrapped. Also, unrelated - new Vegas Gang going up tonight.
Update: People on the Internets seem to think this name is correct. We'll see I guess. I don't really like the name, FWIW.
The Future Is Now At CityCenter
Posted by detroit1051 on April 29, 2008
The LV Sun gives us a glimpse into CityCenter Casino's server-based slot floor. Will players be apprehensive about a casino's ability to manage the games, denominations, paybacks and players' comp accounts from a central IT office? Or, in this age when everyone, including seniors, are at ease with computers, will the benefits be welcomed? In my opinion, it will be a huge success as long as players don't believe the casino can manage payback with each spin of the reels. This concern can be easily managed with strict controls from gaming regulators and through effective communication strategies by casinos. What does everyone think?
Server- Based Slot Floor At CityCenter
Vegas Doom and Gloom From The UK
Posted by Hunter on April 8, 2008
A Las Vegas-is-gonna-go-bust doom and gloom article from the Times Online in the UK.
http://www.timesonline.co.uk/tol/comment/columnists/chris_ayres/article3701686.ece
Open Topic Discussion - March 23rd, 2008
Posted by Hunter on March 23, 2008
Another open topic for discussion.
One thing of note - I got some photos from Mike_Ch which I published:
http://www.ratevegas.com/photo/most_recent
Thanks Mike!
Open Topic Discussion - February 15, 2008
Posted by detroit1051 on February 15, 2008
CityCenter: Selling A Dream
"The overall experience is sensually sensational, even elating -- you've clearly reached the aspirational apex of luxury and achievement. It's stimulating and soothing; you feel like you belong. For the moment.
But the view from this summit has a swift kickback, a shadow side. It might leave you feeling curiously deflated -- like maybe you've been living your life wrong all these years. Left out. A loser."
Behold, the tiny, beguiling future
Podcast: Vegas Roundtable w/ Simpson, McKee, Schwartz, Monster and Me!
Posted by Hunter on February 7, 2008
The first episode of what could become a new, semi-regular podcast has been posted.
It doesn't yet have a name but the working title is 'Vegas Roundtable'. It's a gaming industry related podcast in a discussion format. Today's participants include:
Jeff Simpson - http://www.lasvegassun.com and http://www.inbusinesslasvegas.com
David McKee - http://www.lasvegasadvisor.com/blogs/dmckee/
Dave Schwartz - http://www.dieiscast.com
Chuck Monster - http://www.vegastripping.com
Thanks to all participants. The podcast is in my normal feed for 'The Worst Las Vegas Podcast' but it will probably move to a dedicated feed. Also, if anyone can think of a good name, drop them in the comments.
If you don't subscribe to the feed and want the direct URL, here it is:
http://media.ratevegas.com/35-roundtable_1-02_07_08.mp3
Filed under
Atlantic City
,
Boyd Gaming
,
Business of Gaming
,
Fontainebleau
,
Las Vegas Strip
,
MGM MIRAGE
,
Monte Carlo Fire
,
Palazzo
,
Podcasts
,
Project CityCenter
,
Vegas Roundtable
,
Venetian/LV Sands
,
Wynn Resorts
Strip Walk: December 2007 - City Center, Luxor, Treasure Island, Palazzo, Wynn Las Vegas, Encore and More...
Posted by Hunter on December 12, 2007
Mike_ch is back with another Stripwalk. This time he visits Encore, City Center, TI, Palazzo, Luxor and more. Check it out after the jump plus don't forget to check out the new photos:
Photos: http://www.ratevegas.com/photo/gallery/stripwalk
Strip Walk: November 2007 - City Center, Palazzo, Mirage, Wynn Las Vegas, Encore and More...
Posted by Hunter on November 21, 2007
Here we are with a special Thanksgiving-eve 'Strip Walk' segment. This time around, mike_ch checks out the Frontier, Encore, City Center, Luxor, The Mirage and more. Text after the jump...
Photos: http://www.ratevegas.com/photo/gallery/stripwalk
Filed under
Bellagio
,
Boyd Gaming
,
Business of Gaming
,
Casino Design
,
Las Vegas Photography
,
Las Vegas Strip
,
MGM MIRAGE
,
Palazzo
,
Project CityCenter
,
RateVegas.com
,
Strip Walk
,
Venetian/LV Sands
,
Wynn Resorts
November 2007 LV Strip Construction Photos Posted
Posted by Hunter on November 14, 2007
I've posted my Las Vegas Strip construction photos: Most Recent Las Vegas Photos
All sorts of great stuff including Encore's high and low rise buildings, WLV's villa atrium, Palazzo, the white tiger pit at The Mirage, City Center, P-Ho, Bellagio, and more.
The link above should show them all but you can also visit the November 2007 tag. Also, based on some feedback I plan to add new searching and sorting capabilities to the photo database soon.
Filed under
Bellagio
,
Business of Gaming
,
Casino Design
,
Las Vegas Photography
,
Las Vegas Strip
,
MGM MIRAGE
,
Palazzo
,
Project CityCenter
,
Strip Walk
,
Trip Reports
,
Venetian/LV Sands
,
Wynn Resorts
Strip Walk: October 2007 - City Center, Palazzo, Bellagio, Luxor, Mirage, Wynn Las Vegas, and More...
Posted by Hunter on October 11, 2007
Thanks to Mike for another installment of 'Strip Walk', or semi-regular feature that focuses on Las Vegas Strip construction progress.
Lots of great new info here and of course, we've got photos: http://www.ratevegas.com/photo/gallery/stripwalk
Filed under
Bellagio
,
Business of Gaming
,
Casino Design
,
Fontainebleau
,
Las Vegas Photography
,
Las Vegas Strip
,
MGM MIRAGE
,
Palazzo
,
Project CityCenter
,
RateVegas.com
,
Strip Walk
,
Venetian/LV Sands
,
Wynn Resorts
Inside The MGM MIRAGE Brain Trust: Jim Murren
Posted by Hunter on October 10, 2007
In Business Las Vegas did a fascinating interview with MGM Mirage President and COO Jim Murren last week. It is a highly recommended read that gives great perspective into the thinking that has driven recent deals with Kerzner, Dubai World and others.
It's clear that Terry Lanni and Jim Murren 'get it' when it comes to the biz side of the gaming industry - they are re-defining the standard practices that have been common knowledge in the industry. Business as usual? Not anymore.
From partnering with interesting companies to big ambitious projects like City Center in Las Vegas, they are bringing techniques that have worked well in the general hospitality industry to gaming and it seems to be paying off in spades.
Personally, I'd love to do an interview with Murren but MGM MIRAGE sometimes looks down on Internet media, even those of us with larger numbers than some print publications. I'm hoping one of these days these companies will wake up to that. They're not as bad as some companies but they could do better in this department.
Strip Walk: September 2007
Posted by Hunter on September 27, 2007
Well, you know the drill at this point. Another episode featuring MGM Grand, Wynn Las Vegas, City Center and more.
Photos are here: RateVegas Photos
This time we get a bonus video: Diablo's Cantina
Filed under
Business of Gaming
,
Casino Design
,
Fontainebleau
,
Las Vegas Photography
,
Las Vegas Strip
,
MGM MIRAGE
,
Palazzo
,
Project CityCenter
,
Reader Reviews
,
Strip Walk
,
Venetian/LV Sands
,
Wynn Resorts
Open Topic Discussion: September 24, 2007
Posted by detroit1051 on September 24, 2007
"USA Today" profiles Terry Lanni:
"Throughout its history, Las Vegas has seen its share of legendary tycoons, from Howard Hughes to Steve Wynn. The low-profile Lanni flies under the public's radar, but he's one of the most-respected and influential forces in the $90 billion gaming industry.
"I've dealt with a few CEOs, and I'd have to rate Terry up there at the top," says Kirk Kerkorian, the 90-year-old owner of Tracinda, which held 56% of MGM Mirage's stock as of June. "I've always liked this company. We've got a hell of a team there."
Executive Suite: You can bet on MGM Mirage's Lanni
Bobby Baldwin Interview
Posted by detroit1051 on September 18, 2007
Liz Benston interviews Bobby Baldwin in the LV Sun. He answers some of the questions we asked during our recent call-in podcast.
"He typically shuns publicity but was keen to address rumors that he might be leaving MGM Mirage - perhaps to join his old boss - after a management reshuffle. Baldwin would have been a natural choice for operations chief at MGM Mirage, a job that went to finance chief and CityCenter's chief idea man Jim Murren. Baldwin says he is impressed by Wynn's growth in Las Vegas and Macau but he's satisfied and challenged at MGM Mirage, at least for now.
The poker whiz from Oklahoma will retain control of CityCenter and the two adjacent resorts, Bellagio and Monte Carlo, while becoming chief visionary in planning projects along the Strip and beyond."
Q+A: Bobby Baldwin
Worst Las Vegas Podcast #17 - September 15th, 2007
Posted by Hunter on September 16, 2007
Our second time using Talkshoe.com and it was a lot of fun. Regular readers like Detroit1051, Mike E, Brian Fey, mike_ch and BarbaryKevin were all in on the action.
We covered a broad range of issues, from Cotai, Harrah's, Wynn Resorts, Las Vegas Sands, Palazzo, Encore, IGT and a lot more.
During the show we talked about Chuck's Macau diary. That link is here: http://www.macautripping.com
Filed under
Bellagio
,
Boyd Gaming
,
Business of Gaming
,
Casino Design
,
Detroit Casinos
,
Harrah's
,
Las Vegas Strip
,
MGM MIRAGE
,
Macau Casinos and Hotels
,
Palazzo
,
Podcasts
,
Project CityCenter
,
RateVegas.com
,
Station Casinos
,
Strip Walk
,
Venetian/LV Sands
,
Wynn Resorts
StripWalk: September 2007
Posted by Hunter on September 13, 2007
Here's the latest Strip Walk, this time hitting Wynn Las Vegas, Trump Las Vegas, New Frontier, Palazzo, Treasure Island, New York New York, Excalibur, Luxor and more...
As always, the photos are here: http://www.ratevegas.com/photo/gallery/stripwalk
Commentary after the jump... Take it away Mike!
Filed under
Business of Gaming
,
Casino Design
,
Las Vegas Photography
,
Las Vegas Strip
,
MGM MIRAGE
,
Palazzo
,
Project CityCenter
,
RateVegas.com
,
Strip Walk
,
Venetian/LV Sands
,
Wynn Resorts
Strip Walk: August 2007
Posted by Hunter on September 2, 2007
We're back with another Strip Walk! This was written almost a week ago and this time around you'll get Mike's comments but a few of my own sprinkled in - I was in Vegas for one night last week and took some of my own photos as well.
As always, the photos are here: http://www.ratevegas.com/photo/gallery/stripwalk
Commentary after the jump...
Filed under
Bellagio
,
Boyd Gaming
,
Business of Gaming
,
Casino Design
,
Downtown Las Vegas
,
Las Vegas Photography
,
Las Vegas Strip
,
MGM MIRAGE
,
Palazzo
,
Project CityCenter
,
RateVegas.com
,
Strip Walk
,
Venetian/LV Sands
,
Wynn Resorts
Dubai To Buy 9.5% of MGM Mirage and Half of CityCenter
Posted by detroit1051 on August 22, 2007
"Dubai agreed to pay $5 billion for a 9.5 percent stake in MGM Mirage and half of the Las Vegas casino owner's biggest development, bringing billionaire shareholder Kirk Kerkorian his biggest investment in the company."
This is huge news. There is a more in-depth report in the 8/22 Wall Street Journal for subscribers. The news troubles me, but Lanni and Murren haven't disappointed yet,
Dubai World To Buy 9.5% of MGM Mirage
MGM Mirage Shuffles Upper Management
Posted by Hunter on August 21, 2007
MGM Mirage made a few changes in the executive suite which they announced today.
First off, the extremely capable Jim Murren has been promoted to President and COO of the company (from President, CFO, and Treasurer). Murren came from Wall Street and is probably the most responsible for MGM Mirage being a model for other gaming companies to follow, especially when talking about reporting. Murren will also oversee all properties except for those that are part of the 'City Center Campus'.
Bobby Baldwin has been moved into a new position - Chief Design and Construction Officer. He'll oversee all new construction and capital improvements in the US. He also will oversee the 'City Center Campus', which includes City Center, Monte Carlo and Bellagio.
Lastly, Dan D'Arrigo has been promoted to EVP and CFO.
All of these positions report to Terri Lanni, the company's Chairman and CEO. Additionally, John Redmond, who had been running the properties formerly in the MGM family, including MGM Grand and NYNY has resigned as planned.
The press release is here:
http://phx.corporate-ir.net/phoenix.zhtml?c=101502&p=irol-newsArticle&t=Regular&id=1042568&
Unrelated, Harrah's has scheduled an announcement for tomorrow regarding entertainment changes at their resorts in Las Vegas.
Filed under
Atlantic City
,
Bellagio
,
Business of Gaming
,
Casino Design
,
Detroit Casinos
,
Harrah's
,
Las Vegas Strip
,
MGM MIRAGE
,
Macau Casinos and Hotels
,
Press Releases
,
Project CityCenter
Strip Walk: August 2007
Posted by Hunter on August 16, 2007
Welcome to a new semi-regular feature, 'Strip Walk'. These photo updates from the Las Vegas Strip (and other parts of the Valley) have previously been presented by our man in the field, mike_ch. Well, now he's an official part of the crew and we're aiming to get these two you about every other work, time and schedule permitting.
His notes follow after the jump and the photos for this and future walks are here:
http://www.ratevegas.com/photo/gallery/stripwalk
Enjoy!
Filed under
Boyd Gaming
,
Business of Gaming
,
Casino Design
,
Harrah's
,
Las Vegas Photography
,
Las Vegas Strip
,
MGM MIRAGE
,
Palazzo
,
Project CityCenter
,
Strip Walk
,
Venetian/LV Sands
MGM Mirage Quarterly Profit Up On Property Sales
Posted by Hunter on August 2, 2007
MGM Mirage had a big quarter but a large portion of the ground they gained were from one time events - property sales in Primm and elsewhere.
Still, income from continuing operations was also up - the company is healthy and I still consider it to be one of the best run in gaming - a model for the industry in that regard.
Revenues hit $2.11 billion and earnings were at $360 million with those property sales factored in. Incoming from continuing operations was $182 million, up from about $140 million in the year ago quarter.
REVPar on the Strip jumped 7%. I hope to have property specific info soon.
http://biz.yahoo.com/ap/070802/earns_mgm_mirage.html?.v=2
http://phx.corporate-ir.net/phoenix.zhtml?c=101502&p=IROL-NewsText&t=Regular&id=1035817&
Technorati Tags: atlantic city, bellagio, borgata, cirque du soleil, cirquedusoleil, condos, gaming industry, las vegas, lasvegas, luxor, macau, mandalay bay, mgm grand, mgm mirage, mirage, project citycenter, treasure island, vegas
Open Topic: 8/01/07
Posted by detroit1051 on July 31, 2007
"Exclusive Resorts today announced that it will develop and own 30 luxury condominiums at MGM MIRAGE's (NYSE: MGM - News) highly anticipated Vdara at CityCenter on the Las Vegas Strip. Vdara Condo Hotel, one of the $7.4 billion project's four residential towers, is set to open in late 2009."
I had never heard of Exclusive Resorts, but I sure fall short of its demographics. This is not your father's timeshare. MGM Mirage and Exclusive issued a press release on Exclusive's purchase of 30 units at Vdara. Membership fees run from $239,000-$459,000 with annual dues of $14,000-39,000.
Here's the release with a link to Exclusive Resorts site:
Exclusive Resorts Buys 30 Units At Vdara
Weekly Open Topic-June 30
Posted by detroit1051 on June 30, 2007
Last week's topic had 64 replies, so let's start a new one.
Kerkorian's initial interest in acquiring Bellagio and CityCenter certainly helped MGM during the month of June. The RJ summarizes share price changes in June for operators and slot manufacturers. MGM leads the pack.
Kerkorian's bid boosts MGM Mirage
Kerkorian Withdrawing from CityCenter, Bellagio?
Posted by detroit1051 on June 20, 2007
The 6/20/07 WSJ reports that Kerkorian will withdraw his plans to take over Bellagio and CityCenter. Since the original announcement, MGM's share price is up 37%.
Was this only a ploy by Kerkorian and MGM to get the stock moving? Regardless, imo, MGM is still in play to be taken private.
An announcement may also be made today regarding a joint-venture between MGM and Kerzner Inetrnational to develop a multi-billion dollar casino resort on the 40 acres at the Strip and Sahara.
Subscribers to the WSJ can read the story at:
Kerkorian's MGM Plans in Doubt
June 2007 Las Vegas Strip Development Update
Posted by Hunter on June 7, 2007
Thanks to mike_ch who is back with another Las Vegas Strip development/construction update.
The photos are here: http://www.ratevegas.com/photo/gallery/mikech
Keep reading after the jump!
Technorati Tags: bellagio, casino design, condos, gaming industry, las vegas, lasvegas, lasvegassands, luxor, mandalay bay, mgm mirage, palazzo, photography, planet hollywood, project citycenter, trip report, vegas, vegas photos, venetian, wynn, wynnlasvegas
Filed under
Bellagio
,
Boyd Gaming
,
Business of Gaming
,
Casino Design
,
Las Vegas Photography
,
Las Vegas Strip
,
MGM MIRAGE
,
Palazzo
,
Project CityCenter
,
Reader Reviews
,
Trip Reports
,
Venetian/LV Sands
,
Wynn Resorts
Updated: Breaking News: Kerkorian Wants Bellagio, CityCenter / LVS Wants The Mirage and TI?
Posted by detroit1051 on May 22, 2007
From Wall Street Journal
May 21, 2007 4:39 p.m. EDT
Tracinda to Enter Into Talks
With MGM to Acquire Bellagio
By DENISE JIA
May 21, 2007 4:39 p.m.
Billionaire investor Kirk Kerkorian's Tracinda Corp. announced Monday that it intends to enter into negotiations with MGM Mirage to purchase MGM's Bellagio Hotel and Casino and City Center properties.
In a filing with the Securities and Exchange Commission, Tracinda said it also wishes to pursue strategic alternatives with respect to its investment in the world's second-largest casino operator, which may include financial restructuring transactions involving all or a substantial portion of the remainder of the company.
Tracinda currently owns 158.8 million shares, or a 56% stake in the Las Vegas-based company, according to the SEC filing.
Tracinda said it has made no decision with respect to any such restructuring transactions and reserves the right not to engage in or approve any transaction.
Shares of the company closed Monday at $62.89.
Updated by Hunter / Tuesday Evening: In an interview with Steve Friess, Bill Weidner from Las Vegas Sands indicated that his company might be interested in The Mirage and Treasure Island if MGM Mirage's properties were to be sold off individually.
Ok - this is getting a bit out of hand. Now, Weidner has actually expressed interest in those two properties in the past. I don't have a link but when the MGM/Mandalay deal was going through, everyone wondered if the FTC would require an asset sale to complete the purchase (they did not in the end). It was at that time he mentioned that LVS would be interested in buying The Mirage and/or TI to include with their portfolio. We know how that story ended.
Of course LVS is interested in The Mirage and TI - and not just a close approximation - these are places that perform very well and have a long established record. I was at The Mirage earlier today for dinner and despite it being a Tuesday, it was quite busy and doing well with occupancy. LVS would do well to score either property but it is so extremely unlikely that there's no point discussing it. Kerkorian's motivations are unknown but it seems more likely that instead of trying to raise cash through selling properties, he's either making a first step toward an LBO for MGM Mirage or it is an attempt to impose a valuation on the company that is closer in line to what he can see as MGM Mirage's rightful place in the market. The latter would be a particularly shrewd move and U'I'm sure we we will discuss these motivations more as we learn more.
Technorati Tags: bellagio, las vegas, lasvegas, lasvegassands, mgm mirage, mirage, project citycenter, sands, treasure island, vegas, venetian
"Condo Craze Cools"
Posted by detroit1051 on May 18, 2007
In Business Las Vegas has a story on the slowdown of new condo development in Vegas. The big exception is CityCenter which is still going strong with condo sales and is actually benefitting from the cancellation of "W" on Harmon. Buyers want the Strip!
"That success is evident by MGM Mirage reporting there are more than $1.1 billion in sales out of $2.7 billion in units it has on the market. Some 205 of the 227 residences at Mandarin Oriental have been sold. The Vdara condo hotel has sold 452 of its 1,543 residences and the two Veer Towers have written deals for more than 220 of its 670 condos, said Tony Dennis, executive director of CityCenter's residential division."
Condo Craze Cools
Reader Report: Bellagio April 2007
Posted by Hunter on May 4, 2007
Thanks to reader Aaron_B for providing this write up and photos from his recent trip to Bellagio.
His report follows after the jump and the photos, available at the link below, show off some of the recent construction work. You'll also see some comments on the new car rental facility at LAS.
http://www.ratevegas.com/photo/gallery/april2007
Thanks Aaron!!
Quick note on the balustrade damage: I remember seeing some of that way back in May 1999, just after opening. I looked out my window and was surprised that it was already cracked.
Technorati Tags: bellagio, casino design, gaming industry, las vegas, lasvegas, mgm mirage, photography, project citycenter, trip report
Study Pessimistic on Las Vegas' Ability To Recruit New Businesses and Diversify Economy Beyond Gaming
Posted by detroit1051 on April 28, 2007
UNLV's Lied Institute for Real Estate Studies has released a report which says, "The marketing of sin that helps draws tourists to Las Vegas is an impediment in luring corporate headquarters to Southern Nevada....paints a pessimistic picture of Las Vegas' ability to recruit companies to Southern Nevada and diversify its economy beyond gaming."
The report is critical of some of the issues we've discussed here before, namely higher costs, unaffordable housing, poorly educated workforce, school system problems, lack of "cultural amenities", etc.
In Business Las Vegas summarized the report, but I've been unable to find a link to Lied's report itself. I'd like to read it in its entirety. I find the headline of the story a little over the top, using words like, "...image repels corporate relocation."
Do those here who either live in Las Vegas or frequently do business in Southern Nevada agree with the findings?
To read the article:
Report: Sin City Image Repels Corporate Relocation
New York Times Looks At Las Vegas Growth Spurt: Most Outrageous Expansion?
Posted by Hunter on April 24, 2007
The New York Times has an interesting article that covers the upcoming growth spurt in Las Vegas. A lot of general info for a mass audience but I did think the quote from Wynn indicating that this was the 'most over the top' expansion so far was interesting.
Is this a bigger game changer than milestones like the International, MGM Grand #1, The Mirage, and then Bellagio?
Technorati Tags: bellagio, casino design, fontainebleau, gaming industry, las vegas, lasvegas, project citycenter, vegas, venetian, wynn, wynnlasvegas
MGM Mirage's Project City Center Steaming Ahead
Posted by Hunter on April 20, 2007
MGM Mirage put out a press release today updating folks on City Center's progress.
I've heard a lot of chatter from insiders about the project and from all accounts it is coming along quite nicely - MGM Mirage executives are very pleased with their progress. Of course, recent photos show the main hotel is really taking shape.
There's also news on some budget changes to the project - nothing significant and entirely expected for a development in this stage and of this scope. MGM Mirage is also putting pressure on sub-contractors to reduce some project costs and budgets and without that, the price would have gone up more than they are indicating here.
Technorati Tags: casino design, gaming industry, las vegas, lasvegas, project citycenter
mike_ch Las Vegas Strip Construction Update - April 2007
Posted by Hunter on April 18, 2007
Here comes mike_ch's Las Vegas construction update April 2007. This one covers Paris, Planet Hollywood/Aladdin, Bellagio, City Center, NYNY, Excalibur, Mandalay Bay and Luxor.
Thanks again to him for providing this stuff.
Photos are located here: http://www.ratevegas.com/photo/most_recent
There are also some new videos, located here: http://www.ratevegas.com/photo/videos
Technorati Tags: aladdin, bellagio, casino design, gaming industry, harrahs, las vegas, lasvegas, luxor, mandalay bay, mgm mirage, planet hollywood, project citycenter, trip report, vegas, vegas photos, video
Permits and Zoning: Wynn Las Vegas, Fontainebleau, and City Center
Posted by Hunter on April 12, 2007
From the agenda of Clark County planners, we have some insight into future projects. Here goes:
City Center - Not much, just a slight increase in the height of the towers from 543 feet to 580 feet. The FAA signed off and MGM is stating that they need the space for stuff like elevators and if residents want to put stuff on the roof (I assume satellite dishes, etc...). Also, the retail component is being increased from 650,000 square feet to 666,870 square feet. One interesting note is that Bellagio's holding company, Bellagio LLC, is the applicant - surely they have new holding companies for City Center - I would assume at least one per development for legal and financial reasons.
Wynn Las Vegas - Again, nothing major. They want to build a walkway from their Sands Ave. parking to the back of house area of the hotel, just for employees. The walkway does intersect with the monorail and the request states they will install a 'protective roof plate' to prevent falling debris hitting anyone. Ha.
Fontainebleau - Some details on the project, which is in review. The tower will be 735 feet high with 2,880 hotel rooms and 1,020 condos with kitchens. The tower sites on a low-rise podium with heights that vary from 81 feet (LVB side) to 175 feet on the convention center side on the back. Other than that, the details are few. They do have a batch plant on site at this time.
Technorati Tags: casino design, entertainment, fontainebleau, gaming industry, las vegas, lasvegas, mgm mirage, project citycenter, wynn, wynnlasvegas
City Center: Visiting the Sales Pavilion
Posted by Hunter on April 4, 2007
We all know the base genetics of MGM Mirage's City Center development - a mixed use project across 76 acres on a prime piece of Las Vegas Strip real estate. Multiple hotels, gaming, restaurants, retail and condos all coming together in an effort to master plan an miniature city.
The construction cranes are crawling over the property and the 4,000 room hotel/casino that will anchor site is up beyond the 11th floor. A live Web cam of the construction is on the official Web site. Also, MGM MIRAGE provided me with some photos and renderings of the project. Some may be familiar and others new.
I was able to tour the sales pavilion that has been a key tool in allowing MGM Mirage to almost completely sell out one of their condo developments (The Residences at Mandarin Oriental). Along with the tour some questions were answered about some of the other components of the project.
Keep reading after the jump for some more thoughts on what I saw.
online casino games
Technorati Tags: casino design, cirque du soleil, entertainment, gaming industry, las vegas, lasvegas, mgm mirage, project citycenter, vegas, vegas photos
Mike_ch's February Las Vegas Strip Construction Update
Posted by Hunter on February 27, 2007
Thanks again to Mike_ch who is kind enough to share his updates and thoughts on what's going on down on the Las Vegas Strip.
This one covers the Stardust, Bellagio, Wynn Las Vegas and Encore, The Venetian, Palazzo, Luxor, Mandalay Bay, Monte Carlo, New York New York, Planet Aladdin, and more.
Photos are located here: http://www.ratevegas.com/photo/gallery/mikech
Keep reading after the jump for the report.
Technorati Tags: aladdin, bellagio, boyd, caesars, casino design, gaming industry, harrahs, las vegas, lasvegas, lasvegassands, luxor, mandalay bay, mgm mirage, mirage, palazzo, photography, planet hollywood, project citycenter, stardust, vegas, vegas photos, venetian, wynn, wynnlasvegas
Filed under
Bellagio
,
Boyd Gaming
,
Casino Design
,
Harrah's
,
Las Vegas Photography
,
Las Vegas Strip
,
MGM MIRAGE
,
Project CityCenter
,
Reader Reviews
,
Trip Reports
,
Venetian/LV Sands
,
Wynn Resorts
Quickies: CityCenter Model Walkthrough ; Imploding the Stardust
Posted by Hunter on January 21, 2007
Today's newspapers have some interesting stories.
First off is the Sun with an article on Bobby Baldwin and the CityCenter plan. Some of the water and special features are alluded to here. A very interesting article. From this piece I can't help but think that pretty soon there will be way too many interesting resorts to really see Las Vegas in a single weekend anymore... if you can even do that still today.
http://www.lasvegassun.com/sunbin/stories/consumer/2007/jan/21/566630061.html
Second is an article on implosion prep for the Stardust:
http://www.reviewjournal.com/lvrj_home/2007/Jan-21-Sun-2007/business/12010899.html
Technorati Tags: boyd, casino design, condos, echelon, gaming industry, las vegas, mgm mirage, project citycenter, vegas
Project CityCenter Sales Pavilion
Posted by Hunter on January 19, 2007
** I was originally scheduled to do a tour of the City Center Sales Pavilion this weekend. Unfortunately something has come up and I will be in California instead. Anyway, here's some info I got on PCC from MGM MIRAGE and I will re-schedule my tour. **
MGM MIRAGE opened the Project CityCenter Sales Pavilion in early January to showcase the various features of their $7 billion project. The center features models of several of the condo units, incorporating state-of-the-art technology to give prospective buyers an immersive experience.
The Pavilion is open daily, 10am - 7pm. Appointments are preferred but according to MGM MIRAGE staffers serious prospects can often be squeezed in. More info, direct from MGM MIRAGE, on the various units follows.
Technorati Tags: casino design, gaming industry, las vegas, project citycenter, vegas, vegas photos
Wynn Resorts Adjusts the Mix in Macau ; MGM MIRAGE Presents New CityCenter Renderings
Posted by Hunter on January 12, 2007
Howdy folks! As a quick aside, I meant to do a podcast tonight but it didn't happen - sorry!! I'm shooting for the weekend and from then on, probably every 7-10 days. Thank you for being patient. There's clearly a lot to about.
I am planning on being in Las Vegas at the end the month, just for a weekend, to tour and document the progress at CityCenter's preview center - thanks to MGM MIRAGE for any access. From what I'm told, the preview center is amazing - I look forward to sharing with everyone... Expect photos to follow.
Regarding Wynn Macau, their 'Diamond Suites' project, located on the property edge near the future MGM Grand (with its neat/original curtain wall design), is a new hotel tower with the aim to up their room inventory as the company also looks into possibilities on Cotai Originally, Wynn Macau had something akin to a phase '1b', which was supposed to expand the casino floor, add a showroom and a new 'front feature', all to open in early 2007. This front feature is some kind of special effects room that Wynn says will 'blow us all away'.
Given that the public spaces are now going to be more aligned with the 'Diamond Suites' areas, they have been delayed until later this year. The 'Diamond Suites' tower is still 18 to 25 months out, though no specific dates have been announced. Some of the new tables and slots will open for the celebration of Chinese New Year, which is also coming to Las Vegas in a few weeks.
Ok, and last, MGM MIRAGE has new renderings of both CityCenter and MGM Grand Macau in their latest financial presentation. Very interesting shots that really show how the new buildings will interact with each and specifically "NOT" interact with neighbors.
MGM Mirage Financial Presentation 1/2007
I realize this was long winded - sorry. I hope everyone is doing well. Photos will follow in this space.
Technorati Tags: boyd, casino design, fremont
Reader Trip Report: Bellagio December 2006
Posted by Hunter on January 1, 2007
Thanks to reader Aaron_B for this well written trip report from Bellagio. This is his first contribution so let's give him a warm welcome.
Also, if there's anyone else out there that would like to share a report, please feel free to send them to editor@ratevegas.com. I cannot guarantee that it will be published but I will guarantee to read it and get back to you. I'm especially interested in reports from hotels that we don't cover as often (i.e. not Wynn Las Vegas, The Mirage, Bellagio, etc...) but that doesn't mean you cannot submit one from the above.
Some photos are also posted:
http://www.ratevegas.com/photo/most_recent
The report continues after the jump. Enjoy!
Technorati Tags: bellagio, las vegas, lasvegas, photography, project citycenter, trip report, vegas,