Archive for May, 2009

Las Vegas Sands Showing Signs of Bounce Back

Thursday, May 28th, 2009

The Owner and CEO of LVS Group – Las Vegas Sands has announced earlier this week that he has set out a very good possibility for a financing plan to recommence hotel and casino projects in both the US and Macau.

There were several projects on the go before the financial crisis began last year. There was a project in that was started in Pennsylvania, another in Las Vegas, and 2 major projects in Macau. All 4 were put on complete hold when the stock began to drop drastically and the economy overall was facing a recession.

All of the projects coming to a complete halt resulted in over 10,000 job loses throughout the US and Macau.

CEO- Sheldon Adelson says that he is confident that all the planned projects will come back to life, resume, complete and be successful ventures all in the very near future.

Adelson himself has been largely affected by the downfall of his company and his wealth. He was previously the 3rd richest man in 2007 with a net worth of 28 Billion US Dollars, he is now considered to be worth 3.4 Billion Dollars, which isn’t bad but doesn’t scale in comparison to two years prior.

It is not clear exactly what will be done to get the financial help that is needed to re-start the projects and get them moving again. But analysts are thinking that the LVS Corp will likely have to sell off some part of the project in Macau or some of the retail land there.

WSOP Returns to Las Vegas

Monday, May 25th, 2009

It’s become a highly anticipated event all around the globe. Poker amateurs and professionals from Las Vegas and the world gather together in Las Vegas to battle it out with skill, strategy and of course an element of luck to compete against each other for the coveted title and the WSOP bracelet in the one and only World Series of Poker.

The WSOP will begin May 26th, 2009 and will continue through to July 15th, with the main event final table concluding on live television November 10th of this year. Most of the events will be taking place in the RIO hotel and casino located at 3700 West Flamingo Road.

The events bring in many players and spectators. Traffic in Vegas is sure to pick up around this time and continue on through the summer months. Las Vegas restaurants and entertainment venues are gearing up to entertain and cater to those that are looking for the most elite in treatment.

Online casinos are strongly supporting those that are looking to get into an event in the WSOP and launching many various tournaments that allow players a better chance to make it to the final table.

Las Vegas officials are saying that they are very happy that this event is coming to town and are hopeful that this will completely turn around everything that has been happening in recent months. Sales are at a loss and hotels are standing in place with plenty of vacancies. Hotels and casinos are excited to see some fresh faces and are ready for change.

No Doubt Starts Off 2009 Tour in Las Vegas

Wednesday, May 20th, 2009

You may have noticed that popular pop/rock band No Doubt has taken a break and been off of the main wavelengths in the last little while. But the band has recently come back together and is set to open their tour in Las Vegas this year.

Gwen Stefani, who is the lead singer for the band has been quite busy on her little hiatus from the band. She has managed to have two children, released two very successful albums and has also launched a fashion line complete with leather goods as well as a perfume that is available for purchase all throughout high end retailers in North America.

Gwen says that she is excited to start in city like Las Vegas having all the glitz and glamour that any show would love for their opening night. She says that the number one focus of the show will be the fans and she really looks forward to everything that this new experience will bring.

Las Vegas is a popular destination for tourists and locals to seek out their concerts and other theatrical events. Concerts have a history of selling out because they are exposed to both the local population as well as the large community of tourists that frequent the city from all over the world. Also because of its close proximity to LA, Las Vegas is only a hop, skip and jump from all of what Hollywood has to offer.