Daily Archives: February 18, 2010

Lake Las Vegas Continues Death Throes

Casino MonteLago, which opened in 2003 – the only gaming location inside the upscale, now bankrupt Lake Las Vegas, located approximately 50 miles south of Las Vegas – has announced it will close on March 14, eliminating in its wake 177 jobs. 

The 40,000 square foot casino has 635 slot machines, a dozen gaming table games, a race and sports book, and two restaurants. 

This venue casualty follows a notice a week ago of the impending shutdown of the Ritz-Carlton in Lake Las Vegas, planned for May, costing an additional 350 jobs. 

Two of the three luxury golf courses have already been shut down during the community’s prior Chapter 11 bankruptcy proceedings. 

Lake Las Vegas already has more than $700 million in liabilities- and growing. 

The only holdout, for now, is the 493-room nongaming Lowes Lake Las Vegas and the MonteLago Village retail center. 

Come June, the environmentally pleasing alternative to the fast-pace and glitter of the Las Vegas Strip, will be largely transformed into a gem of a ghost town.

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Welcome to Sin City, Mr. President!

With an unprecedented 30-mile radius air traffic prohibition in place (usually it’s half that) during his trip to Las Vegas, costing commercial air tour travel operators thousands of dollars of lost revenue, President Barack Obama remains undaunted, planning to land his Air Force One gas guzzling hog later tonight, marking his second presidential visit to Sin City– you know, the little hideaway berg that encourages corporations to blow their government bailout funds or simply have students waste their college savings on gambling forays. 

Despite having such a notorious moniker, Las Vegas tourism officials have weathered the multiple gaffes and predict a million more visitors in 2010.  Thank you, Mr. President. 

He’ll probably need to bring a strong suit of armor and sharp swords when he speaks Friday for select invitees at the Las Vegas Convention and Visitors Authority, where his prior barbs were specifically aimed.

His olive branch offering, if you will, will be his quest to seek congressional approval of the Travel Promotions Act- an overseas $4 billion promotion program that could bring more moneyed foreign tourists to Las Vegas.   Morevover, the bill promises it could bring 40,000 new American jobs and $320 million in new federal tax revenue, according to the U.S. Travel Association. 

If that doesn’t stick when the Prez throws it against the wall, his backup plan (or an add-on, depending on crowd rancor) could be to announce the Department of Transportation’s $30 million project for a new Sahara Avenue – one of the most traveled byways in Las Vegas – bus project as part of the multibillion stimulus package. 

But outspoken ex-mob lawyer turned Las Vegas Mayor Oscar Goodman will not being rolling the red carpet out.   Goodman remains upset at President Obama. Goodman said he needs to be true to his conscience and, therefore, won’t accept invitations to greet the president of attend any town hall meeting unless he personally gets “some kind of retraction.”  

If you like to be part of this surely politically entertaining event, you can line up for tickets now at Green Valley High School in Henderson for Friday’s 10 a.m. town hall meeting. 

Mr. President, please be sure to enjoy yourself when you’re in the home of sin.  It’s a devilishly fun town.

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