There are reports that the Las Vegas Sands are considering the sale of their Macau Casino properties. When contact, the LVS authorities would neither confirm nor deny the rumor that the entire Macau operation could be up for grabs in the near future.

There have been many stories surfacing with regards to the LVS Corporation in recent times. Since the casinos and the economy overall have not been doing well in the last year or so, many companies are having to liquidate and land based casinos are now struggling to hold onto investments that they have had for years previous.

The whole casino industry has been taken by storm due to the downturn in the economy. LVS has been hit particularly hard because the company has several operations that were under construction when all the trouble began and travel has also affected the industry.

LVS is also currently rumored to be selling off retail property in Macau. Again this is something that LVS reps are not reporting on directly but the word is that it there has not been much interest in those properties that are available for sale.

The casino industry in Las Vegas itself tends to do better in the spring and summer months than it does in the future. The hope is that this next season will bring some good news not only to this casino and retail giant but to the city as a whole.

The reports for MacCaren International airport are following a consistent downward pattern in recent times. For the last 17 months the airport is losing traffic in both directions of outbound passengers and in bound passengers as well.

Traffic for this particular month is down 11.8% versus the same exact month last year and this time last year was not the best time for Las Vegas traffic either.

No matter how the figures are read or reported it is clear that the economy in Las Vegas depends solely on the travel and tourism and due to the this the city and state are suffering much more seriously, economically than several other cities within the US.

While the gap in the decreasing numbers is actually getting smaller people are still not coming as much as they used to and financial analysts are saying that it will be months and months before Vegas and other cities of that sort will be back on their feet and in full swing such as they were in 2007.

Casino and hotel operates are saying the exactly same things as those that work with in the airport and the other travel sectors.

Casino and Hotel revenues in Las Vegas have been down for quite some time now. The resorts are happy to report when their numbers are in less than double digit declines these days. And there hasn’t been any great numbers to report.

Perhaps the spring and summer seasons will make for a happier prediction but until we see what people decide to do with the little spare cash they have we won’t really know.

The actress and singer that has been seen all over tabloids in the last few months is making yet another appearance. Several sources have said that Lindsay Lohan approached the director of an upcoming show which will be on stage at the Planet Hollywood hotel and casino. The show will be titled the “Peepshow” and Lohan is interested in taking part front and center.

It seems as though Lindsay Lohan is determined to get some attention no matter the quality: Good or Bad. Either she is just looking to be noticed or the ones noticing her are making a complete deal out of nothing at all. Many believe that it is very likely that she is the one that is fueling the fire.

Nobody is quite sure whatever happened to the cute little girl that appeared as two separate twin characters on the parent trap over ten years ago.

Lilo joining the show would likely pick up traffic and ticket sales for the Planet Hollywood show and generate more revenue for the casino and restaurants within the hotel.

Other members of the shows cast currently include two previous members of the Dancing with the Stars cast. The show is rumored to be rather tame. However, the part that Lilo is rumored to be going for requires her to strip until she is in the bare minimum as part of the performance.

This is likely all very good news for Las Vegas. We are just not sure if it’s good news or bad news for Lindsay Lohan and her not so wholesome image these days.

Miss USA was crowned last night at the Planet Hollywood hotel and casino in Las Vegas last night. The lucky winner was Miss North Carolina, who will now be set to compete in the next level of competition being Miss Universe.

While this competition is not the same competition as Miss America, the title is still a worthy one of holding and the winner of Miss USA, Kristen Dalton is quite proud to wear the crown.

The lucky and of course beautiful lady will be heading over to the Bahamas this summer in August to try her best at bringing “Miss Universe” back to home soil.

The Planet Hollywood Resort and Casino was quite happy to hold the event at their very large and stunning Theatre for the Performing Arts. The event created some much needed buss for the hotel this week and occupancy was at the highest point that it has been in recent times.

Other hotels on the strip had reported that they also experienced some positive numbers in the days leading up to the pageant. Visitors were happy to see all the beautiful ladies either live on stage or through the live broadcast that was available on several TV screens throughout the city.

Kristen Dalton comes from a family of pageant winners as both her mother and her sister were also winners of Miss USA and Miss Teen USA respectively in years previous. The family is very proud of their newest winner and has high hopes for her in the next competition.

Almost everyone thinks that this could never happen to them and the truth is your chances are extremely slim. But for Rachel Romanick the lucky day was this past Sunday when she one a $33 million dollar jackpot by playing on a slot machine at the Terrible’s Rail City Casino casino in Las Vegas.

The lucky lady was playing on the slot machine for just ten minutes when she hit it bigger than she could ever imagine.

This wins is one of the biggest wins in history for the state of Nevada. The Biggest slot win was in the Excalibur casino on the strip for a total sum of nearly 40 million dollars just about 6 years ago.

This weekends jackpot was hit playing $3 per spin and was won on the Megabucks progressive jackpot machines that are available throughout many casinos in Las Vegas.

The player claims that she absolutely could not believe her eyes and had to ask other casino players if this was really happening to her.

The casino that she won the jackpot at is actually going out of business but the jackpot is insured and will certainly be paid out to the player.

The casino is quite happy that a Las Vegas resident had won this jackpot and are glad that they could be part of this experience for Rachel and her family.

The Dubai World group which is a major stake holder in the upcoming City Center project in Las Vegas has offered a proposed plan to attempt to rescue the project from complete bankruptcy.

The mammoth building structure and vision of hotels, condos, casinos and shopping venues has an estimated cost of over $8.6 billion US dollars and was scheduled to be completed this year.

The plan that is proposed by the organization is an investment of $3 billion dollars by all the project leaders including MGM Mirage, The Dubai World Group and the other investment lenders that are currently involved in the plan.

The infusion of money by these companies would leave enough money for the plans to be completed according to course and would allow for the loaned sums to be less in capacity than what they would be if extra lending was required to continue.

With the economy at its lowest, the future of this project does not look as bright as when the project was planned and the schedules were made.

Another proposed solution is an alternative investment infusion that is on the tables from Colony Capital LLC, which has proposed investing in the project to protect the company from potential bankruptcy and keep the companies involved out of courts and in the talks for a brighter future.

It seems that stock advisors change their recommendations about as often as they brush their teeth. From a “buy” recommendation one day to a “sell” recommendation not even 24 hours later.

MGM stock prices have been rallying in the last couple of days, this is largely due to announcements that the company may get funding support from outside sources or may sell of a few of their assets in order to continue on with the City Center project.

Unfortunately most advisors are currently saying that the rally of the stocks is quite premature and there is not concrete indication that the company is anywhere close to being out of the debt that they are currently in.

The MGM Company as a whole has approximately a 10 billion debt that will be due early in 2011. If business does not pick up and surpass projections it will be quite difficult for the company to stabilize and get back onto their feet like they have in the past.

Company reps were contacted for them to comment on the situation that they were in but there have been no responses from reps at this time.

The company and its shareholders are likely optimistic for some funds to be invested into their projects but the unfortunate truth of the economy remains the same and no one really knows for sure when businesses will be back to normal operating standards or when the economy is due to bounce back.

Some financial analysts are hopeful that things can be back to the way we were used to as early as the beginning of 2010.

Casino stocks have been all the talk in recent times and MGM is at the top of the list this week as financial analysts are recommending a “buy” call. The company is planning on liquefying certain properties in order to re-coup some of the billions in debt that have built up due to the struggling economy and the many construction projects that are still underway.

The MGM stock price is currently up to $6.18 which is up more than 50% over the numbers that the company saw last week and the weeks prior to this.

The casino company has hotels and casino all over the US as well as several other properties throughout major tourists destinations in other areas of the world.

The MGM company recently hired Morgan Stanley to help control the sale of two very lucrative hotels for the company these hotels and casinos being rumoured to be the MGM Grand Detroit and Biloxi’s Beau Rivage Casino.

The company hopes that this will help to pay off $13.5 Billion dollars in debt across the board as well as aid in some cushion for the $8.6 Billion dollar city center project that is still only footsteps underway and have a long way to go before nearing completion.

The budgets for the city center are an educated estimated amount; however experts are saying more money may be needed to complete this project since the budgets were made originally with this year in mind for completion.

MGM company reps say that the company is not happy to be losing properties but is certain that they will see a positive turn around sometime in the near future and will grow the company and pick up new business ventures along the way.

It is about time that the Las Vegas Sands companies have some good news to report to its stock holders and investors. For weeks and weeks we have been hearing nothing other than disappointing news out of Las Vegas based companies such as the Las Vegas Sands Corp, MGM, Wynn, Harrah’s and other players in the industry.

For the first time in a while the Las Vegas Sands is reporting that they will resume their planned Macau project to finish the hotel by the end of 2009. While this is just a preliminary plan for the company, executives are saying that they are hoping that many things will begin to turn around by the end of the year.

Just weeks prior to this news the hotel stock looked as if it was approaching bankruptcy nearing the $1 mark. The company is happy to see a bit of a rally along with other companies that are happy to be experiencing the same thing this week. The LVS stock is currently at $4.15 which is near the $4.40 mark when financial analysts gave it a buy rating say that they stock is likely to reach at least $9 this year.

LVS Corp will be happy to have all their projects around the world resumed and back to plans as they were going strong in 2007. The crash in the economy came as a surprise to many but some are saying that they are slowly picking up the pieces and hope to have most elements restored and thriving by 2010.

It looks as though ABC will be getting some Vegas flavor since the popular reality show “dancing with the stars” will be getting a Vegas feel with an appearance from Le Reve on the April 7th episode.
The Le Reve Cirque du Soleil has been a Vegas staple and has been on stage appearing on the stages of the Wynn hotel for some time now.

Cirque du Soleil shows are most certainly a popular attraction in Las Vegas and visitors to the city often make a point of seeing at least of the many options when they visit the city.

The most popular show in Vegas in recent times has been “O” followed by “Ka”. Both spectacles have received amazing reviews and many say that no other type of live theatre compares to that of the shows that are put on by the Cirque teams of dancers and actors.

The Wynn Las Vegas is happy to have the show at their hotel and believe that the prestige of the theatre ties in well with their high quality service and luxury hotel and casino experience that they offer endlessly to their clients that are sure to come for visits time and time again.

The appearance on “Dancing with the Stars” is sure to make for some great entertainment as well as a nice promotional piece for both the Las Vegas Hotel and the Cirque show as well. It will absolutely be something interesting to watch.