In this week’s Vegas Seven, I have a feature article considering the ways that the spirit of 1993 is still with us: In the fall of 1993, the wrapping came off three new resorts that promised to change the way people visited Las Vegas. The opening of The Mirage four years earlier is rightfully credited […]
From the Emerald City to Pharaoh’s Tomb | Vegas Seven Read More »
Vegas SevenThe latest Vegas Seven is out, and in it I talk a little about Treasure Island, post-MGM Mirage: Treasure Island sits next to The Mirage, the casino that changed the Strip when it opened in 1989, and across the street from the Venetian/Palazzo and Wynn/Encore megaplexes, representing billions of dollars in casino capital. It’s not
TI talk in Vegas Seven Read More »
news about gambling, writingIt’s Thursday, which means another edition of the Green Felt Journal in Vegas Seven magazine. This week, as whether the “little guy” still has a chance on the Strip:P Last year at around this time, “deconsolidation” was the buzzword along the Strip. MGM Mirage had just announced its sale of Treasure Island to Phil Ruffin,
Giving the little guy a chance on the Strip Read More »
news about gambling, writingReading David McKee’s post on the TI sale to Phil Ruffin, something clicked that made me realize the transaction made perfect sense. For a while now, MGM Mirage has been positioning itself as a casino builder and hospitality brand manager. The international moves are ample evidence of that, as are the City Center partnership with
Big news from the LVRJ this morning. Treasure Island is about to be sold: Former New Frontier owner Phil Ruffin is buying the Treasure Island from MGM Mirage for $775 million, sources confirmed Sunday night. The deal is expected to be announced today. Ruffin, a Wichita, Kan., businessman, sold the New Frontier in May 2007