Monday, January 12, 2009

Harrah's to Postpone Completion of Newest Tower

Although this is not a Harrah's sign, it appears you can get a BJ for $2 at one Las Vegas casino!

According to the Las Vegas Review-Journal, Harrah's--the world's largest casino company confirmed Monday that it is postponing opening nearly 660 rooms in the new Caesars Palace Octavius Tower from its scheduled midsummer completion "until a period of stronger demand."

Just last Thursday, the same newspaper reported that the 9.1 billion dollar MGM Mirage owned "City Center" was scaling back the size of one of it's towers, (, postponing it's opening and cancelling the condo portion.

The newspaper reported on August 1, 2008 that Boyd Gaming Corp. (who also owns the East Peoria, Illinois Par-A-Dice Casino & Hotel) announced that it will delay construction of the $4.8 billion Echelon project because of the souring credit markets. You really should check out the picture of the incomplete enormous construction of Echelon! (

To sum it up, Las Vegas isn't doing so good right now!

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