Harrah's is in trouble...
07-25-2010
, 08:06 PM
Quote:
Originally Posted by prodonkey
all the seafood is fresh from lake mead
07-25-2010
, 08:26 PM
Quote:
The Nov 9 money is SAFE.
Its just not Harrah's who is in trouble. All of Las Vegas is in trouble.
The days when people flocked to Vegas for 1.99 shrimp cocktails and 3.99 all you can eat breakfast buffet's are LONG gone.
Rooms used to be inexpensive but now even Circus Circus which is the dirtiest Casino in Vegas charges over a 100.00 a night on Fri-Sat for a room.
Everyone is tightening their belts and so are the Hotels. Laying off people working with bare minimum staff.
I stayed at the Gold Coast last weekend to watch the final 27 of the ME play. My room there was 95.00 the towels smelled burned the air conditioner was a wall mounted one that barely worked and when I got up to use the restroom and turned on the light, 2 black bugs ran across the floor.
I have heard numerous stories about other Hotels similar to mine the past year.
People will still go to Vegas for that dream of winning it big. However until Vegas starts taking care of the people who come from Southern California which is about 43% of Vegas yearly income, they will be hurting.
Profits are down almost 13% from a year ago already. So it's just not Harrahs the Wynn may be the last hotel standing but how many people want to pay 300.00 a night for a room?
Its just not Harrah's who is in trouble. All of Las Vegas is in trouble.
The days when people flocked to Vegas for 1.99 shrimp cocktails and 3.99 all you can eat breakfast buffet's are LONG gone.
Rooms used to be inexpensive but now even Circus Circus which is the dirtiest Casino in Vegas charges over a 100.00 a night on Fri-Sat for a room.
Everyone is tightening their belts and so are the Hotels. Laying off people working with bare minimum staff.
I stayed at the Gold Coast last weekend to watch the final 27 of the ME play. My room there was 95.00 the towels smelled burned the air conditioner was a wall mounted one that barely worked and when I got up to use the restroom and turned on the light, 2 black bugs ran across the floor.
I have heard numerous stories about other Hotels similar to mine the past year.
People will still go to Vegas for that dream of winning it big. However until Vegas starts taking care of the people who come from Southern California which is about 43% of Vegas yearly income, they will be hurting.
Profits are down almost 13% from a year ago already. So it's just not Harrahs the Wynn may be the last hotel standing but how many people want to pay 300.00 a night for a room?
