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The Las Vegas Strip is going to be dominated by only two companies: MGM and Harrah's. I guess hotel rates will go up and comps will go down. If you like going to LV this sucks!!!
1 posted on 07/15/2004 10:04:12 AM PDT by mkj6080
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To: mkj6080

Yeah, when two companies compete against each other, they always raise prices and eliminate features to attract customers away from the other guy...


2 posted on 07/15/2004 10:08:19 AM PDT by flashbunny (Taxes are not levied for the benefit of the taxed.)
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To: mkj6080
The Las Vegas Strip is going to be dominated by only two companies: MGM and Harrah's. I guess hotel rates will go up and comps will go down.

That has been the trend. Comps are much more difficult today than they were 10 years ago.

3 posted on 07/15/2004 10:08:34 AM PDT by Always Right
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To: mkj6080

I've been there a few times, I've never understood the fascination with the place.

It's like a big mall with liquor and gambling, and the house always wins in the end.


6 posted on 07/15/2004 10:23:11 AM PDT by adam_az (Call your State Republican Party office and VOLUNTEER!!!!)
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To: mkj6080
Both deals will face intense scrutiny from federal and state gambling regulators...

Yep, they wanta be certain they get their fair cut of the action.

10 posted on 07/15/2004 10:37:44 AM PDT by Willie Green (Go Pat Go!!!)
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To: mkj6080

Strip is overbuilt anyway, IMO

but they just keep on building...


11 posted on 07/15/2004 11:04:09 AM PDT by Shermy
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To: mkj6080

The rich end by the airport, that is.

But there is still plenty of takeover space with the older casinos at the other end. Riviera, Circus Circus, etc.


12 posted on 07/15/2004 12:08:02 PM PDT by Sam the Sham
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