Las Vegas Sportsbooks – A Dying Breed?
Las Vegas is hurting. Some may understand that, some don’t. But it’s real.
There are more than a few high-profile construction projects along the Strip which can’t be completed because the banks won’t lend any more money, and that includes the Fountainebleu, which has gone into bankruptcy and might be purchased for less than ten cents on the dollar by Carl Icahn. Some hotel rooms are being rented for less than the daily cost of their maintenance. The taxi lines at the hotels have gotten shorter and shorter; at least that’s what two or three distressed cab drivers have told me.
