darnits
darnits
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February 28th, 2010 at 6:56:35 AM permalink
Which strip hotel built post-1990 do you think WILL be shut down/closed/imploded first?

Which strip hotel built post-1990 do you WANT to be shut down/closed/imploded first?
lowroller
lowroller
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February 28th, 2010 at 7:00:00 AM permalink
No idea when built, but I have always felt that Ballys needed to be demolished. Too big, too ultra-modern, and taking up valuable real estate on the strip. If it was off by the Hilton it would fit in better and i wouldn't care so much but i find it sticks out like a sore thumb.
NicksGamingStuff
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February 28th, 2010 at 7:09:12 AM permalink
How about they get rid of the Imperial Palace! If they can give their rooms away for $15 a night (which I could afford to live in on my bagel shop salary) its time for it to go, at least Bally's offers a lot of games;
teddys
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February 28th, 2010 at 7:23:52 AM permalink
I actually don't think _any_ hotels will be imploded right now or in the near future, because nothing is going to happen on the strip for a few years. There might even be a moratorium like there was in the period before Mirage opened.
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If I had to pick one I would say Circus Circus is the most likely to be demolished. Imperial Palace is also a good bet (but is too profitable for Harrah's right now). But I don't see anyone coming in with the money to demolish one of the independent shops.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
Jumboshrimps
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February 28th, 2010 at 9:50:50 AM permalink
Quote: darnits

Which strip hotel built post-1990 do you think WILL be shut down/closed/imploded first?

Which strip hotel built post-1990 do you WANT to be shut down/closed/imploded first?



1) Agreed on Imperial Palace. But, wouldn't Harrah's be wise to tear down O'Sheas and locate its next mega-casino on that site?

2) Treasure Island. Stayed there recently and the staff would rather step on you than help you. Unacceptable line to check in. Still mad.
NicksGamingStuff
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February 28th, 2010 at 10:37:38 AM permalink
I had fun at ti the check in line was long but that is how it is. Are you sure your not too needy
Jumboshrimps
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February 28th, 2010 at 11:18:36 AM permalink
Quote: NicksGamingStuff

I had fun at ti the check in line was long but that is how it is. Are you sure your not too needy



I had fun, too. You say, "That's how it is." My friend, if you accept poor service you can expect poor service. There is no excuse for having to wait more than 5 minutes to check into a hotel at which there is a CASINO.
teddys
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February 28th, 2010 at 1:06:24 PM permalink
Quote: Jumboshrimps

Quote: darnits

Which strip hotel built post-1990 do you think WILL be shut down/closed/imploded first?

Which strip hotel built post-1990 do you WANT to be shut down/closed/imploded first?



1) Agreed on Imperial Palace. But, wouldn't Harrah's be wise to tear down O'Sheas and locate its next mega-casino on that site?



O'Sheas has too small of a footprint to locate a new mega-resort on. Harrah's would be wise to tear down them both at the same time.

Imperial Palace is outlasting its welcome solely because of its location. Circus Circus MUST die because its location is bad and its theme is outdated. The three cheapo resorts on the North strip (Sahara, Riviera, CC, and to a lesser extent Stratosphere) will keep driving each others' prices down and will eventually cannibalize one of their own, I think.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
Croupier
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February 28th, 2010 at 2:27:13 PM permalink
Hooters and the Tropicana would be my guesses for the next to go. I have no reasoning to back it up its just my instinct. as for when, i have no idea.
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pacomartin
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February 28th, 2010 at 5:32:39 PM permalink
Very few people are taking your question at face value. Imperial Palace, Circus circus, Flamingo, Harrah's, Tropicana, Hooters, Sahara, Riviera and Palace Station were all built well before the Mirage opened in November of 1989.

I think that Vegas is a long way from imploding any hotels. With Stardust and New Frontier imploded and leaving only empty lots there is very little talk of imploding anything, no matter what year it was built.

I am thinking that Wild Wild West and some of the industrial buildings to the West of I-15 will be the next to go. But they will simply be bulldozed, as they are too small to implode. With Harmon Avenue crossing I-15 that region is ripe for development. It appears that North strip will end up on the dump heap of the recession. currently Station Casinos owns most of that land, but it looks like they will sell it to someone else to develop.

Quote: teddys

Circus Circus MUST die because its location is bad and its theme is outdated. The three cheapo resorts on the North strip (Sahara, Riviera, CC, and to a lesser extent Stratosphere) will keep driving each others' prices down and will eventually cannibalize one of their own, I think.



Up until this year I would have said that Circus Circus pays its own way and will not be demolished until they are good and ready to replace it. However revenue has tumbled and it is now MGM-MIRAGE's lowest revenue AND least profitable resort on the strip.
Nareed
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March 1st, 2010 at 7:15:25 AM permalink
Let's start over. Which hotels were built after 1990?

If memory serves, 1990 was the year The Mirage opened, ushering in the Vegas megaresort (or so the copywriters say, Caesars was plenty big then, too).

About IP, it isn't so bad but it could use another renovation. On the other hand it's at a prime location and it's small. It might make better sense to demolish it and then build something bigger in its place (I'm thinking a two-deck casino, no attractions and a 3 star humongous hotel tower).

Up north the Strip does have a bit a of a ghost town feel. I think that drives down the prices of the properties there more than competition does. After all, who wants to stay at an area that looks dilapidated and abandoned? One reason I probably won't stay at the Startosphere is that there are few people out and about at night in the area, which makes it feel unsafe.

Having said that, the Sahara is good for the price, even with the afwul dinner buffet, and the Startosphere and Riviera are nice enough to visit during the day. But I'll spend my nights clsoer tot he center of the Strip or even Downtown. As for Circus Circus, there's nothing to recommend it. Looking through Slot-a-fun, though, was an interesting experience. Stepping isnide I could have sworn I'd hit a time-warp to 1975 ;) There was even a change machine.
Donald Trump is a fucking criminal
Jumboshrimps
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March 1st, 2010 at 7:18:29 AM permalink
Quote: pacomartin

Very few people are taking your question at face value. Imperial Palace, Circus circus, Flamingo, Harrah's, Tropicana, Hooters, Sahara, Riviera and Palace Station were all built well before the Mirage opened in November of 1989.

I think that Vegas is a long way from imploding any hotels. With Stardust and New Frontier imploded and leaving only empty lots there is very little talk of imploding anything, no matter what year it was built.

I am thinking that Wild Wild West and some of the industrial buildings to the West of I-15 will be the next to go. But they will simply be bulldozed, as they are too small to implode. With Harmon Avenue crossing I-15 that region is ripe for development. It appears that North strip will end up on the dump heap of the recession. currently Station Casinos owns most of that land, but it looks like they will sell it to someone else to develop.

Quote: teddys

Circus Circus MUST die because its location is bad and its theme is outdated. The three cheapo resorts on the North strip (Sahara, Riviera, CC, and to a lesser extent Stratosphere) will keep driving each others' prices down and will eventually cannibalize one of their own, I think.



Up until this year I would have said that Circus Circus pays its own way and will not be demolished until they are good and ready to replace it. However revenue has tumbled and it is now MGM-MIRAGE's lowest revenue AND least profitable resort on the strip.



You're right. The question was about post-1990 hotels. I say TI. And I also hope it's TI. How bout Excalibur?
teddys
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March 1st, 2010 at 9:25:30 AM permalink
It's a long way off and a pre-1990 hotel will obviously close before a post-1990 one, but I would go with Luxor or Excalibur. But that's a loooong ways off.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
wildqat
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March 1st, 2010 at 10:31:07 AM permalink
Quote: Nareed

Let's start over. Which hotels were built after 1990?



Damn, I looked at all these yesterday, but didn't do anything about it. Wasted effort FTW :^)

Complete timeline of current Strip properties:

12/26/1946 Flamingo (although the oldest surviving parts probably date to 1967)
10/07/1952 Sahara
04/20/1955 Riviera
04/04/1957 Tropicana
1959 Imperial Palace (as Flamingo Capri)
08/05/1966 Caesars Palace
10/18/1968 Circus Circus
07/02/1973 Harrah's (as the Holiday)
12/05/1973 Bally's (as the first MGM Grand, although parts of it may be the Bonanza, 1963)
1975 MGM Grand (the west wing was the Marina, the rest was built in 1993)
1978 Casino Royale (as Nob Hill, and it was apparently a restaurant before that)
03/1979 Bill's (as Barbary Coast)
1979 Slots-A-Fun
07/01/1989 O'Sheas
11/22/1989 The Mirage
06/19/1990 Excalibur
10/15/1993 Luxor
10/27/1993 Treasure Island
04/30/1996 Stratosphere
06/21/1996 Monte Carlo
01/03/1997 New York-New York
10/15/1998 Bellagio
03/02/1999 Mandalay Bay
05/03/1999 The Venetian
09/01/1999 Paris
08/18/2000 Planet Hollywood (as the second Aladdin)
04/28/2005 Wynn Las Vegas
12/30/2007 The Palazzo
12/22/2008 Encore
12/16/2009 Aria
12/31/2010 The Cosmopolitan
12/22/2012 Fontainebleau
12/31/2020 Echelon

So I'd say that of what's been built since Mirage that's been opened, the Excalibur and Luxor would probably be the first to go, primarily because they're both fairly low-end properties and theme casinos to one extent or another (although they've dethemed Luxor somewhat), and theme casinos aren't where the money's at these days.

Of course, they'll probably knock Echelon over before either of those two.

Quote: Nareed

About IP, it isn't so bad but it could use another renovation. On the other hand it's at a prime location and it's small. It might make better sense to demolish it and then build something bigger in its place (I'm thinking a two-deck casino, no attractions and a 3 star humongous hotel tower).


Believe it or not, it's not that small. IP has 2600 rooms; it's just short and laid out so weird that it looks small. I haven't been to the hotel, but yeah, it probably could stand a good renovation. Of course, so could Harrah's and Bally's (at least the South Tower).

Quote: Nareed

Up north the Strip does have a bit a of a ghost town feel. I think that drives down the prices of the properties there more than competition does. After all, who wants to stay at an area that looks dilapidated and abandoned? One reason I probably won't stay at the Startosphere is that there are few people out and about at night in the area, which makes it feel unsafe.


More than a bit. You have a mostly-but-not-quite-completed Fontainebleau, the skeleton of Echelon (which will be sitting there for years), a run-down Circus Circus, a not-as-run-down-but-it-really-could-use-some-love Riviera, and a whole hell of a lot of empty land. North of Sahara Ave., everything just takes on that "Hey, kids, you noticing all this plight? Roll-em-up" feel. All of that really hurts the North Strip. I think Echelon and Fontainebleau were being built to help combat that, but since they're on hold, they're actually doing more harm than good now.
AZDuffman
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March 1st, 2010 at 10:55:29 AM permalink
I think I would agree with those that say Luxor would be the first of post-mirage generation to go, but not until 2023 at least. It was built when themes were popular and now they are not, how will you totally de-theme that place? It has a weird layout with the towers being where they are in relation to the main building. And they can't seem to get a good RevPAR based on what I see as a price when I book.

The more important question from the city's prespective is will the north rebuild or will everything keep moving further and further south? What was once the low-rent area has become the nicer area while where the Stardust was an anchor to all the best places is now a ghost town.
All animals are equal, but some are more equal than others
pacomartin
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March 1st, 2010 at 11:25:29 AM permalink
Harrah's bought Imperial Palace and formally stated that they bought it as a knock down. Since then they decided that they had almost no corporate experience with building a major resort from scratch. They have bought almost their entire portfolio (including everything in Vegas), and only built some relatively small scale hotels. They have since made a corporate decision not to blow anything up except may Bill's Gamblin' Hall which is very small.

Certainly right now it seems that people are eyeing empty land along Harmon Avenue and Tropicana both east and west of I15 as the next development area, and abandoning the north part of the strip for future development.


Of the old casinos (pre-Mirage)

This group made over $72 million in gaming revenue in fiscal year 2009
Caesars Palace (still one of the top 6 casinos on the strip) (HET)
Flamingo (+ Oshea's) (HET)
Imperial Palace (HET)
Harrah's (HET)
Bally's (HET)
The Hilton at convention center
Palace Station

This group made under $72 million in gaming revenue in fiscal year 2009
Sahara (towers are closed)
Riviera (bankrupt)
Tropicana (recovering from bankruptcy)
Circus Circus (since the depression it barely makes a profit )
Slots-A-Fun
Casino Royale
Terrible's Casino (formerly the Continental; emerge from bankruptcy)
Bill's Gaming Hall (bought as a teardown)
Wild Wild West (holding a spot for future development)
Ellis Island
Last edited by: pacomartin on Mar 3, 2010
Lhornbk70
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July 27th, 2010 at 6:48:07 AM permalink
You really think the Luxor will be knocked down even that soon? I would think the sheer uniqueness of the pyramid would keep it safe unless it just flat out started to lose money. I could see them doing major renovations inside the pyramid, and maybe even knocking down the towers and building something totally new around the pyramid. But I have a hard time seeing them getting rid of what has become almost a landmark anytime soon.
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