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Unread 12 Dec 08, 06:15 PM  
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#25
Diamonddog2801
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Join Date: Nov 07
Originally Posted by lauramcfc View Post
What a great thread Diamonddog , we are going to vegas for 4 nights in April so will be taking notes on your advice Thanks again
Thank you, hope it helps.

I just received a great room deal from the MGM Grand, that runs until April:

reservations.mgmmirage/b...01&code=INB245

Includes:

Holiday Spree!

* $20 per night upgrade to a Bungalow Suite
* $25 per night upgrade to a Celebrity Spa Suite
* 2 for 1 to MGM Grand Buffet
* $10 FREE PLAY

Promotion Runs
December 14, 2008 - April 30, 2009

Offer Expires
January 1, 2009

---------------

May be worth checking out?

ps - having just looked at it again, it's not that great...
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Unread 21 Dec 08, 12:45 PM  
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#26
Diamonddog2801
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Join Date: Nov 07
A piece on the sale of Treasure Island last week. It gives one the sense of deep trouble the major casino operators are in at the moment - and how it's not likely to improve any time soon. I think this year will be the cheapest year for room rates in Vegas since the early 90s.

-------------------


NEW YORK, Dec 15 (Reuters) - MGM Mirage said on Monday it agreed to sell the Treasure Island Hotel & Casino on the Las Vegas strip to real estate mogul Phil Ruffin for a total of $775 million to help boost its liquidity.

MGM, a major holding of billionaire Kirk Kerkorian's Tracinda Corp, in October reported a 67 percent drop in quarterly profit.

Casino companies have been hit hard over the past year by slower consumer spending and tight credit markets. MGM's stock, which has plummeted from $86.75 a year ago, rose about 12 percent to $11.98 in morning trading.

"This transaction creates value to our stakeholders through significantly increased liquidity and enhanced financial flexibility," James Murren, chairman and chief executive of MGM Mirage, said in a statement.

Murren recently took over the top job at MGM from former CEO and Chairman Terry Lanni, who retired as questions were raised about his claim that he earned a master's degree in business administration from the University of Southern California.

The purchase price for the Treasure Island Hotel & Casino will consist of $500 million in cash and $275 million in secured notes.

The deal is expected to close by the end of the second quarter of 2009 and MGM Mirage, the world's second-largest casino operator, anticipates reporting a substantial gain on the sale.

FIZZLED

Casino companies have suffered over the past year as the gambling boom in Las Vegas has fizzled, tight credit markets have jeopardized growth plans and the Chinese government has acted to slow down the Macau gambling market.

MGM, which also operates the Bellagio, Mandalay Bay and Circus Circus resorts in Las Vegas, recently postponed development work for its MGM Grand project in Atlantic City and a planned Las Vegas Strip joint venture with Kerzner International and Istithmar.

Las Vegas Strip casinos won $475 million from gamblers in October, 26 percent less than a year earlier.

Statewide, Nevada casinos' take from gamblers fell 22 percent to $905 million for October as the U.S. economic recession continued to cut into consumer spending.

Nevada has seen gambling revenue drop for 10 consecutive months.

The downturn has decimated the stock market value of gambling companies.

Shares of Las Vegas Sands Corp have declined from over $118 a year ago to under $7 on Monday, and the stock of Wynn Resorts Ltd has fallen from over $124 in February to under $42 on Monday.

(Reporting by Mark McSherry, Editing by Maureen Bavdek, editing by Dave Zimmerman)[/q]
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Unread 9 Jan 09, 07:46 AM  
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#27
riverdancefan
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what an incredibly helpful and detailed thread - well done - and also to some other dibbers who added ! - what a knowledgable lot xxxxx mwhaa xxx
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Unread 9 Jan 09, 09:32 PM  
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#28
Diamonddog2801
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Originally Posted by riverdancefan View Post
what an incredibly helpful and detailed thread - well done - and also to some other dibbers who added ! - what a knowledgable lot xxxxx mwhaa xxx
Thanks - are you thinking of trying Las Vegas sometime?
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Unread 18 Jan 09, 09:41 PM  
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#29
Diamonddog2801
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Just for info - people are picking up Wynn, Trump & The Venetian/The Palazzo (on Priceline & Hotwire) for under $100 per night, right up until May, at the moment. Not guaranteed, of course, but it's well worth looking. These are all 5* hotels at really amazing prices.
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Read the Las Vegas 'All You Need To Know' thread:
http://www.thedibb.co.uk/forums/showthread.php?t=249670
I'm no expert, but I've visited Las Vegas 14 times since 1989 - if you want some advice, feel free to pm me!
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Unread 18 Mar 09, 08:09 PM  
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#30
papadoc
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Join Date: Mar 06
Not sure if it's already been posted, but just in case:

Imperial Palace goes 'All Inclusive', ($95 for one, $135 for two)

imperialpalace/MakeRe...kageCode=IIAIS

Not the best hotel on the Strip, but it's in an ideal location and the offer may suit somebody.
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Unread 28 Mar 09, 01:27 PM  
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#31
Diamonddog2801
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Just for info - when you sign up to the MGM Mirage properties emails, you need to give an American Zipcode, otherwise you will not receive anything from them.

I gave 89109 - the zipcode for Caesar's Palace!
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Read the Las Vegas 'All You Need To Know' thread:
http://www.thedibb.co.uk/forums/showthread.php?t=249670
I'm no expert, but I've visited Las Vegas 14 times since 1989 - if you want some advice, feel free to pm me!
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Unread 28 Mar 09, 02:21 PM  
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#32
Heather1957
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Just got back and as usual had a brill time although I think I'm all Vegased out for a few years (might change my mind of course! )

Just an update that the Duece all day pass is now $7 for a 24hrs pass and a single is now $3.
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