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Originally Posted by mac78130
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Looks very promising indeed. It will be interesting to see if this actually happens. I am wondering if Drai is just entering into a partnership with Harrah's, or if he is buying Barbary Bill's outright (which I doubt Harrah's would want to lose anything in their stretch of real estate).
If this does happen and makes money, I would hope that Harrah's would seriously invest some capital into all the properties from Harrah's to Bally's (and internally link PH with Paris if they are serious about keeping these properties in their portfolio).
With them turning Barbary Bill's into a party pit, it appears that the Harrah's Masterplan for this block is pretty much dead, which means hopefully they'll start investing serious capital into some of these properties. Maybe they'll seek outside partnerships or different hotel management companies to run some of the hotels if Drai's boutique nightlife hotel thing works out.
Without the masterplan, here's what Harrah's could do:
They could knock down most of Harrah's and Imperial Palace, maybe keeping a few of the hotel towers here and there and combining the two properties into a 500-1000 room boutique property with a 60,000-90,000 strip fronting casino (think of a more modern looking version of Encore). Rebrand it something else. They could keep the Asian theme of IP and give the property a really modern take of Asian design.
Completely gut out and redesign the Flamingo, reconfiguring all the public spaces and casino, basically rebuilding the strip frontage while also opening up the casino into the existing pool/garden areas. A new main porte cochere would be added to the north in the space currently. Reskin the towers, while completely gutting all the rooms and suites.
With Bally's and Paris connected, they could either completely retheme Bally's into the Paris theme, making Bally's just a new extention of Paris, or give Bally's a completely new theme. In both cases, it would be smart to bring the casino right to the street and removing all that dead space that was once the MGM Grand parking lot.
I guess I can dream. It's not 2005 anymore, and will never be again. Doubt they'll do a thing.