Posted Apr 20, 2007, 9:49 AM
|
Registered User
|
|
Join Date: Apr 2007
Posts: 21
|
|
Is it a possibility that MGM first develops the newly bought site and the Circus Circus motel and trailer park (78 acres should be more then enough) and then renovates Circus Circus into a casino that still caters to the mid-end gamblers and tourists, possibly turn it into a non-themed hotel (or less strongly themed), in order to make it look more in place with the rest of the buildings instead of the somewhat cheesy circus theme? Or should mid-end casino's on the strip considered to be something of the past and will they turn it into (another) high-end place?
Now that properties on the north-end of the strip are getting more and more valuable, it amazes me that there aren't any noteworthy hotels/buildings/developments (correct me if I'm wrong) between Wynn and The Riviera. Wouldn't the owners of these properties be much better of (financially) if they sold there (compared with other strip properties) small businesses and pieces of land to a developer?
|