Of course, Steven is right (as usual). Clearly I misremembered. Judging by the date on the article linked to, I was probably hanging with Brian Williams in the French Quarter, counting bodies floating by in the flooded streets. Maybe I misremembered that.
But, I am more clearly remembering that the company that bought the La Concha and El Morocco sites was the Triple Five company. The are, I think, the owners of the Mall Of America, and other large shopping centers. They listed it for sale within the last couple years, for much less than they paid, and I don’t think they have any plans for the site.
I can’t imagine the Riviera being converted for non-gaming use in any scenario. I don’t care how much money they lose, the iconic Las Vegas Strip casinos are much like Sports Franchises: they ain’t making more of them, and EVERYONE wants to own one. They found a buyer with money, and that entity will put a lot into it. Maybe it will hit, maybe it won’t.
]]>Agree Scott. I live in Los Angeles within 1 mile of 4 CVS and 1 Wallgreens.they all do great business. Maybe im being old fashioned but i think the strip should limit non gaming non entertainment establishments on the strip. I guesss if they over build the free market will fix?the problem
]]>Just about everything in Vegas is based upon Capitalism and profitability, so there’s clearly a demand. We just wish they’d do them more interestingly, because to be honest, TI’s new shopping addition looks like an industrial park draped in WTF.
]]>Everything in Vegas is based upon Capitalism, so there’s clearly a demand. We just wish they’d do them more interestingly, because to be honest, TI’s new shopping addition looks like an industrial park.
]]>What is the deal with all these drug stores opening on the strip..is there that much demand for pain killers?..oh I forgot its Lost Wages!
]]>The official announcement middle of next week should cover those bases. “)
]]>What sources do you have to substantiate this?
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