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#1
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The year-long buy-out of Caesars Entertainment by Harrah's was completed today. Already, there is speculation about how Harrah's (now the world's largest gaming company) is going to reshape the Vegas Strip.
It seems certain that Bally's, with a dead-center location on the Strip, is going to be at least renamed and possibly torn down to make room for a new Horseshoe casino. Here's a local Vegas TV report about the merger and possible impact. I also found Las Vegas Casino Death Watch which watches what casinos are targeted for the wrecking ball. |
#2
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Does harrah's own the rights to the Ballys name? They sold the Ballys boat in tunica to Resorts (IIRC) and it's still called Ballys, so if they're still operating the joint in Vegas as Ballys they must have worked out some deal on the naming.
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#3
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From the Death Watch web link:
"So, where might that Horseshoe go? Gaming Today suggests that Harrah's might build a new Horseshoe on the vacant land behind Bally's. " I do recall that large open space behind Bally's. Great place to vomit, no one bothers you. Bally's also has an odd off hand sexual relationship with Paris Casino. Incestuous perhaps? And what ever happen to Bob Stupak?! I miss Vegas World! Also, I see some work may be done on the Barbary Coast! I’ve stayed there more than a few times (and also at Bally’s). Both are great central locations to stay at on the strip. -Zeno |
#4
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[ QUOTE ]
And what ever happen to Bob Stupak?! [/ QUOTE ] Stupak was last seen wandering around that large open space behind Bally's, looking for a game. They need to start preserving some of the Vegas landmarks, like Vegas World. And Stupak. LV's answer to Hunter Thompson. |
#5
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Here is a tip... new ownership of the Sahra within the next year. You heard it here first.
TT [img]/images/graemlins/club.gif[/img] |
#6
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The Harrah's people don't think that Bally's is a recognizable name or attractive brand. Horseshoe is a possibility for the site.
link to LV Sun article |
#7
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I could see Bally's LV being rebranded, but in AC it's still a very strong name. combined with the Claridge and Wild Wild West divisions, Bally's Park Place has the second highest casino revenue in the region, behind only the Borgata. in fact, Borgata didn't officially overtake Bally's until just this year.
compare figures of end of the year 2004 and YTD 2005. http://www.state.nj.us/casinos/december2004.htm http://www.state.nj.us/casinos/may2005.htm |
#8
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Doesn't Stupak own the Stratosphere? I have seen him numerous times over the past 2 weeks at the RIO WSOP.
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#9
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Doesn't Stupak own the Stratosphere? I have seen him numerous times over the past 2 weeks at the RIO WSOP. [/ QUOTE ] He sold that quite some time ago, I believe. |
#10
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well??
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