Hints and tips:
...But Las Vegas officials have turned their backs on that advice and more than 50 year later “Sin City” is continuing to reinvent itself....
...Dr Miriam Adelson, widow of the late Sheldon, and her son-in-law Patrick Dumont, are the largest shareholder and president, respectively, of Las Vegas Sands, the Nevada casino empire....
...At times it is all quite dizzying, such as a section where we hurtle from complex financial products, collateralised debt obligations and such like, to “casino capitalism”, the architecture of Las Vegas...
...When Steve Wynn opened the Bellagio resort on the Las Vegas strip in 1998, it marked a dramatic departure from the casino formula that had worked for decades in Sin City....
...fact of Deutsche’s involvement conjured an image that was irretrievably, almost comically wrong: that of a hapless German lender acting out a fantasy existence as a bow-tied croupier in America’s city of sin...
...Decades ago, Las Vegas was a top haven for money made from organised crime. Today, Sin City is all about the likes of Vanguard and Blackstone....
...He spends, for his sins, a lot of time following the crypto markets....
...After the initial mayhem, Sin City is sealed off. Still inside, of course, is a hotel vault stacked full of casino dollars....
...Sin City, he realised, could bring in suited conference-goers from Monday to Friday to complement the gamblers who crowded in on weekends....
...DD readers need no introduction to Lina Khan, the new chair of the Federal Trade Commission, who is keen on returning the US regulator to its trustbusting origins....
...Though he himself helped spark China’s casino boom, the gambling pioneer’s casinos were notably absent from the industry’s biggest windfall in recent history: sports betting....
...Las Vegas in 2019 recorded $12bn alone of gaming revenue. Recent statistics from Sin City show that tourist traffic is down a quarter so far this year....
...Some of the most famous performers of our time have graced the stages of Las Vegas, ready to entertain the millions of tourists who descend upon Sin City every year....
...Eldorado Resorts, a once-obscure US regional casino operator, appears to be yet another Las Vegas newcomer willing to take on long odds....
...In what was supposed to be an otherwise ordinary second-quarter earnings call earlier this week, management of the US casino chain Caesars shocked the industry by forecasting that its growth in revpar for...
...Feminism’s new wave has reached Sin City. Today, the 45-storey Wynn resort towers loom above South Las Vegas Boulevard, their owner’s name emblazoned across the upper floors....
...In the end, companies like Amazon are like the house in a Las Vegas casino. They always win. Wolfgang Münchau warns that Europe’s nationalists are on the march....
...They stopped in North Dakota, New York, Niagara Falls, Las Vegas (of course), Atlantic City (ditto) and other places....
...An ugly fight between hedge funds holding the debt of the hotel and casino business and Caesars’ private equity owners was finally averted when the sides figured out how much Sin City had recovered from...
...Gamblers could rack up points by betting at Caesars’ small-time casinos in Illinois or Mississippi, then use those points at glitzier resorts in Las Vegas or Atlantic City....
...Mr Trump had never run a casino in Las Vegas. Then again, neither had Mr Ruffin, though such details had never stopped him before....
...By Demetri Sevastopulo Casino war Regulators say Trump’s tactics went too far against competition from Native Americans....
...His book, TrumpNation, chronicled the bankruptcy of Trump’s casinos in Atlantic City. Trump sued O’Brien for $5bn in damages. The case was dismissed....
...Yet finding love in Las Vegas doesn’t always end happily-ever-after: the number of weddings in Sin City has fallen from an average of 116,000 a year during the property boom years of 2002-2007 to 80,000...
...The bright lights of Sin City seem a very long way away....
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