{"id":887,"date":"2008-08-06T16:54:00","date_gmt":"2008-08-07T00:54:00","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/blogs\/dmckee\/index.cfm\/2008\/8\/6\/Robbing-Luxor-to-pay-for-CityCenter"},"modified":"2018-03-30T09:02:44","modified_gmt":"2018-03-30T17:02:44","slug":"robbing-luxor-to-pay-for-citycenter","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/robbing-luxor-to-pay-for-citycenter\/","title":{"rendered":"Robbing Luxor to pay (for) CityCenter?"},"content":{"rendered":"

No sooner had MGM Mirage<\/strong> brass sprayed Wall Street’s fire<\/a> during yesterday’s earnings call than comes a new scare: Glenn Hausmann<\/strong> of Hotel Interactive Inc.<\/strong> reported that “A variety of industry suppliers who wished to speak off the record have told Hotel Interactive that the company has been diverting cash from planned renovations at Excalibur <\/strong>and Luxor<\/strong> into the CityCenter<\/strong> project.<\/em>”<\/p>\n

A source at MGM responds that Hausmann’s got it half right, that spending reductions are<\/em> taking place, but: “The changes in project spending are not as a result of diverting funds to CityCenter.<\/em>” The source adds that Hausmann has subsequently spoken with MGM and stricken the paragraph in question, which had followed the quote by MGM CFO Dan D’Arrigo<\/strong>.<\/p>\n

Luxor is a potentially problematic situation because it’s still in the middle of a big retheming (or, more accurately, a revision). The spending slowdown might explain why the switchover of the Titanic<\/em> exhibit from the Tropicana<\/strong> is taking so long. And somebody should clue in the Trop that Bodies<\/em> is over at Luxor now<\/a>, regardless of what the Trop’s Web site says<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

No sooner had MGM Mirage brass sprayed Wall Street’s fire during yesterday’s earnings call than comes a new scare: Glenn Hausmann of Hotel Interactive Inc. reported that “A variety of industry suppliers who wished to speak off the record have … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1642,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[15,11,9],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/887"}],"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=887"}],"version-history":[{"count":2,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/887\/revisions"}],"predecessor-version":[{"id":21424,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/887\/revisions\/21424"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media\/1642"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}