Two Way Hard Three | Las Vegas Casino & Design Blog

This time we feature:

* Wynn Financials and Conference Call

* The Sahara and Sam Nazarian

* Steve Wynn vs. Bloggers

* UNLV Casino Gaming Study

* Consolidation in the Gaming Industry

The show is available via iTunes or here:

Feel free to comment below. Thanks for listening.


Read archived comments (7 so far)
July 27, 2008 5:07 PM Posted by Jerry

Vegas Rex is the only blogger I saw respond to Steve Wynn's comment. Would you be able to provide links to some other bloggers who responded as well. I would be interested in reading them. Thank you and keep up the excellent work.

July 27, 2008 9:23 PM Posted by Hunter

I guess I'm thinking more podcasts - The Strip covered it as did we. Plus we had some internal discussions via email.

July 28, 2008 5:27 PM Posted by Jeff in OKC

Regarding Sahara. You guys are nuts! Every other city on earth rehabilitates properties and makes it work. Nazarian has made his reputation on rehabbed properties, and has a proven track record. Although I will admit Las Vegas is unique, I hope someone suceeds beside trying to keep up with the Wynnses.
Great show, as usual. I do miss the bookmarks, though. Thanks.

July 28, 2008 6:22 PM Posted by Jeff Simpson

Lol. Thanks, Jeff, for straightening us out.

This kind of disagreement is what makes airing our opinions fun. I hope you are right and that Nazarian does actually spend the money to thoroughly renovate the Sahara and that it does succeed.

As I have already said, it will be an unprecedented success if it works.

July 29, 2008 12:18 PM Posted by Jeff in OKC

Thank God no one exposed my hyprocisy and asked when I was booking my next stay at the Sahara.

July 29, 2008 1:46 PM Posted by David McKee

Don't do it before Nazarian builds some of those new towers, Jeff. :-)

July 29, 2008 4:43 PM Posted by GregoryZephyr

I have no factual basis to go on so you can categorize this comment in the 70% BS group but I suspect Jeff's idea that Nazarian puts a little money into fixing up the existing property but then tries to flip it in a couple years is the most likely scenario. And, frankly, that's what I would do too.