{"id":23675,"date":"2019-03-12T06:16:48","date_gmt":"2019-03-12T14:16:48","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=23675"},"modified":"2019-03-12T06:16:48","modified_gmt":"2019-03-12T14:16:48","slug":"tunnel-travel-in-vegas-icahn-raises-the-ante","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/tunnel-travel-in-vegas-icahn-raises-the-ante\/","title":{"rendered":"Tunnel travel in Vegas?; Icahn raises the ante"},"content":{"rendered":"<p>As the <strong>Las Vegas Convention Center<\/strong> expands to proportions once seemingly unimaginable (two miles in length), the governing authority is looking for new methods to get conventioneers around it &#8212; especially to their parked cars. The <strong>Las Vegas Convention &amp; Visitors Authority<\/strong> has settled upon a subterranean people-mover designed by <strong>Elon Musk<\/strong>&#8216;s <strong>The Boring Co<\/strong>. <a href=\"https:\/\/newatlas.com\/las-vegas-boring-company-convention-center\/58769\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"broken_link\">Three potential routes<\/a> have been submitted, and the cost has been pegged between $30 million and $55 million, supposedly <a href=\"https:\/\/www.theverge.com\/2019\/3\/6\/18252302\/boring-company-las-vegas-dig-plans-2021\" target=\"_blank\" rel=\"noopener noreferrer\">the cheapest option presented<\/a>. We&#8217;re a little skeptical of those figures, given the cost overruns associated with mass transit in neighboring states. Also, Musk recently mortgaged five &#8220;gigantic&#8221; mansions, according to <em>L.A. Biz<\/em>.<\/p>\n<p>However, if Musk can build his Convention Center tram cost-efficiently, it bodes well for another idea he&#8217;s floated: <!--more-->a people mover stretching from <strong>Circus Circus<\/strong> to <strong>McCarran International Airport<\/strong>. Now that plans to the extend the <strong>Las Vegas Monorail<\/strong> to <strong>Mandalay Bay<\/strong> appear to have collapsed, a serious look at Musk&#8217;s alternative is warranted. We rather fancy one of the alternatives that was rejected &#8212; gondolas &#8212; but we can see why the LVCVA was leery of a proposed monorail. Those things have a grim track record in <strong>Las Vegas<\/strong>. Musk currently has similar irons in the fire in <strong>Chicago<\/strong> and <strong>Washington, D.C.<\/strong> If it&#8217;s good enough for the nation&#8217;s capitol, why not Sin City.<\/p>\n<p>* In case you missed it, <strong>Carl Icahn<\/strong> has increased his stake in <strong>Caesars Entertainment<\/strong> to 15.5%, making him the largest single shareholder in the company. Couple that with his three surrogates on the board and his prerogative to name the next CEO, it&#8217;s Icahn&#8217;s company now.<\/p>\n<p>* Despite the presence of legal casinos in <strong>Arizona<\/strong>, black market operations have cropped up. Last week, police descended upon\u00a0<strong>Thanh Long Billiards<\/strong> and <strong>Lah Anh Billiards<\/strong>. The bust demonstrates that illegal gambling could be lurking right under your nose: &#8220;One of the storefronts appears to be located in a non-descript strip mall, the other a residential area.&#8221; <a href=\"https:\/\/www.azcentral.com\/story\/news\/local\/phoenix\/2019\/03\/08\/1-million-seized-illegal-gambling-bust\/3104946002\/\" target=\"_blank\" rel=\"noopener noreferrer\" class=\"broken_link\">Gambling devices were confiscated<\/a>, along with $1 million in cash. The billiard-parlor operators are looking at Class 5 felony charges for their alleged activities. The question remains, Why would a gambler risk arrest to play at an illegal casino when so many lawful alternatives present themselves.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the Las Vegas Convention Center expands to proportions once seemingly unimaginable (two miles in length), the governing authority is looking for new methods to get conventioneers around it &#8212; especially to their parked cars. The Las Vegas Convention &amp; &hellip; <a href=\"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/tunnel-travel-in-vegas-icahn-raises-the-ante\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[109,244,82,189,75,9,100],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/23675"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=23675"}],"version-history":[{"count":1,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/23675\/revisions"}],"predecessor-version":[{"id":23680,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/23675\/revisions\/23680"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=23675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=23675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=23675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}