BetSelection.cc

Casinos & Industry => Vegas and Atlantic City => Topic started by: alrelax on April 02, 2020, 07:23:48 AM

Title: The property that failed and failed before never opening. Will it ever open?
Post by: alrelax on April 02, 2020, 07:23:48 AM
If dreams can come true so can nightmares. Resorts World just might want to be thinking about if it was such a good choice in the very beginning:

"Resorts World President Scott Sibella, a veteran casino executive and former president and CEO of the MGM Grand, is no stranger to challenges. But Resorts World is the biggest and most expensive project he has worked on."

https://vegasinc.lasvegassun.com/business/gaming/2019/dec/09/resorts-world-president-this-will-be-a-property-li/
Title: Re: The property that failed and failed before never opening. Will it ever open?
Post by: alrelax on April 02, 2020, 08:09:58 AM
Actually, what you said a few years ago is exactly what happened to the strip today. I hereby award you an A+ in prediction.!

"I think we've turned conventional wisdom on its head today,"

https://www.spokesman.com/stories/2013/mar/05/asian-group-buys-site-of-stalled-vegas-casino/

Just what the Vegas Strip is going to want, a huge mega resort featuring Chinese food if they ever do open.  :))
Title: Re: The property that failed and failed before never opening. Will it ever open?
Post by: alrelax on April 23, 2020, 03:19:37 PM
Welcome to the Las Vegas Strip:

https://vegas.eater.com/2020/3/26/21194916/resorts-world-halts-work-bar-deli-coronavirus
Title: Re: The property that failed and failed before never opening. Will it ever open?
Post by: 8OR9 on April 24, 2020, 02:38:56 PM
Here is another Vegas project that was probably doomed before it was  begun, even without COV19.   

The Sphere will cost between $ 1.2 and $ 1.7 Billion....and it's basically a high tech movie  house.

They will have to charge between $ 50 and $ 100 a ticket, and how can they show a profit since  it will cost so much to build.......and when you go at least once, you will probably know what it is like and won't go back.

Construction is halted because of the virus......probably doesn't matter since it most likely would have failed anyway even without the virus....it just cost too much......not enough revenue to service the debt.


https://en.wikipedia.org/wiki/MSG_Sphere_at_The_Venetian

https://www.msgsphere.com/