Text excerpt from log report for Day 11:

"The Strip" is the main boulevard lined with Las Vegas' most spectacular casino hotels. The largest complex (in September 1998) - the MGM hotel casino with over 5,000 rooms - was built in the early 1990's. To stand out against other hotels, each hotel has a distinctive theme. For example, the Luxor Hotel has the shape of a huge glass pyramid, and its interior, too, including hotel rooms, is reminiscent of Egyptian art.

Room prices are a direct reflection of market forces: From Monday through Wednesday, rates can be 300 % lower than during busy, overbooked weekends! In the 1990's between 22 and 30 million visitors have come to Las Vegas per year, spending about 5 billion dollars in the various casinos. The city earns about the same amount from shopping, entertainment and other leisure activities. (More details in log report for Day 12). Notably, Austria's "Casino Austria AG" is also present in almost every casino in Las Vegas.

Picture: A theme hotel in Las Vegas
Picture: Ghost town of Bodie
Picture: Skyscrapers in the Financial district of Los Angeles
Picture: The Mission of Carmel - established as the main mission in charge of the 20 other missions in California

Most of the casinos in Las Vegas are owned by two big companies - the Circus-Circus Development Corp., and the hotel tycoon Steven Win. Another major player is Starwood Hotels & Resorts Worldwide Inc., which owns "Cesar's Palace," "Ceasars Tahoe" in Stateline, Nevada, and "Ceasars Atlantic City" in New Jersey. The latest newcomer is Park Place Entertainment Corp., which was created in 1998 when Hilton Hotels spun off its gambling operations. In April 1998, Park Place offered 3 billion dollars to acquire "Ceasars Palace" from Starwood Hotels and Resorts Worldwide Inc. (Associated Press, April 28, 1999.)

<< Back