User profile: robert_lv
Joined: March 30, 2008
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Total Comments: 147 (view all)
Yes, Reza, you are really one smart dude. How are those book sales coming along?
Las Vegas lives on disposable income. People have less disposable income. Las Vegas depends on cheap air travel. With the price of oil high and going higher, those days are gone. Las Vegas lives on people obsessed with gambling. Almost every state either has gambling or will add it in the future. The outlook for the economy here is bleak.
As for CityCenter, it makes as much sense as building another car dealership when auto sales are declining. And if CityCenter needs a cash infusion at some point, best not go to Dubai to get it.
Time for a parade. Quick, close the strip.
Calling the casino's "victims" is a bit of a stretch.
Steve Green - you need to report the fact that CoreLogic changed its methodology - the old method had over 80% of Las Vegas homeowners with negative equity on their mortgage.
WSJ:
"The latest First American data aren't comparable to previous estimates because the company revised its methodology. First American now accounts for payments made by homeowners that reduce principal, and it no longer assumes that home-equity lines of credit have been completely drawn down."
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Dawn Gibbons' story: First lady talks about divorce, humiliation, fears (18 Comments)
The Kats Report
Kirk Kerkorian: CityCenter is 'simply the most amazing' Vegas project ever (17 Comments)
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Dom Irrera at the Riviera Comedy Club
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I don't know if I see the point in ripping CityCenter any more. It is just too easy. I will be looking to book a room in 2010 - when the rates drop even further.