Word: venetian
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...Mandalay Resort Group to form the world's largest gaming company--until last week, when Harrah's Entertainment agreed to buy Caesars Entertainment in a $9.25 billion deal (including cash, stock and debt) that would create an even bigger company. Sheldon Adelson, the 70-year-old owner of the Venetian, is contemplating an IPO to score some cash to make a bigger bet on a new Strip hotel, the Palazzo, and other properties in the U.S. and overseas. In April, Steve Wynn, 62, the man who brought renewed glamour to Vegas in the 1990s with the shimmering-sided Mirage...
...high-end it employs more master sommeliers than any other U.S. city. The hotels only get more and more extravagant and opulent. One of the must-have features is a posh spa: every Strip hotel has one, such as the 69,000-sq.-ft. Canyon Ranch SpaClub at the Venetian, which has a two-story rock-climbing wall. Luxury designer shops, from Louis Vuitton and Gucci to Armani and Dior, are so common that they seem practically like Gaps in Vegas. Just down the Strip from the Guggenheim Hermitage Museum, which is inside the Venetian, the Bellagio houses another impressive...
...with Mandalay Resort Group to form the world's largest gaming company - until two weeks ago, when Harrah's Entertainment agreed to buy Caesars Entertainment in a $9.25 billion deal (including cash, stock and debt) that would create an even bigger company. Sheldon Adelson, 70, the owner of the Venetian, is contemplating an ipo to score cash to make a bigger bet on a new Strip hotel, the Palazzo, and other properties in the U.S. and overseas. In April, Steve Wynn, 62, who brought renewed glamour to Vegas in the '90s with the shimmering-sided Mirage and the Bellagio...
...rate is more than a third below the national average, and there's more construction than in any other American city. The hotels only get more and more extravagant. One must-have feature is a posh spa, such as the 6,400-sq-m Canyon Ranch SpaClub at the Venetian, which has a two-story rock-climbing wall. Vegas dining has become so high-end, with restaurants run by chefs such as Alain Ducasse, Wolfgang Puck and Jean-Georges Vongerichten, that it employs more master sommeliers than any other U.S. city. Luxury shops - Louis Vuitton, Gucci, Armani, Dior...
...than 30,000 visitors a day at the $240 million Sands Macao, which uses the Portuguese spelling. But the Sands, with its golden façade and shimmering neon-purple fountain, will have some sibling rivalry in 2006 when its parent company finishes an $800 million replica of the Venetian Resort Hotel Casino, complete with imitation canals and singing gondoliers. Sands chairman Sheldon Adelson is so gung ho about Macau that he is enlisting partners in a $10 billion project to duplicate the Vegas Strip on a sliver of reclaimed land between two of the territory's islands. The Sands...