{"id":89,"date":"2009-10-12T21:17:00","date_gmt":"2009-10-13T01:17:00","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/blogs\/dmckee\/index.cfm\/2009\/10\/12\/Leaving-Las-Vegas"},"modified":"2021-10-10T05:23:43","modified_gmt":"2021-10-10T13:23:43","slug":"leaving-las-vegas","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/leaving-las-vegas\/","title":{"rendered":"Leaving Las Vegas"},"content":{"rendered":"

At least 28,000 have done so over the two years-plus (probably more when you allow for the people still moving here). What are the likely consequences of Las Vegas<\/strong>‘ pegging its future on a one-trick economy? And is it going to be like one of those Rust Belt cities (like Pittsburgh<\/strong>) that turned it around or one of those (say, Detroit<\/strong>) that continues to decline?<\/p>\n

Those questions and others are posed in a splendid article that connects most of the dots<\/a> regarding Vegas’ economic plight. One of the most disturbing points raised by Las Vegas Sun<\/em> reporter J. Patrick Coolican<\/strong> is that cities doing well at present tend to be ones that possessed robust institutions of higher learning — and invested in them. Neither can be said of Nevada’s dismal education system, the recipient of savage budgets, thanks to our governor and the ever-feckless Lege.<\/p>\n

If Las Vegas’ future hinges on well-funded and -respected academic institutions, then the near-term prognosis is grim.<\/p>\n

Speaking of Detroit<\/strong>, casino owners and politicians there may be casting a wary eye on rising pro-casino sentiment in Ohio<\/strong>. In whichever form casino gambling is legalized by Buckeye State voters, it stands to take a big bite out of Motown casino receipts — and sap state and local revenue collection, too. A helpful Detroit News map shows precisely which Detroit, Indiana<\/strong>, Pennsylvania<\/strong> and West Virginia<\/strong> casino operators have reason to be fretful about the emergence of a casino industry next door.<\/p>\n

Like their Strip brethren<\/strong>, tribal powerhouses Mohegan Sun<\/strong> and Foxwoods Resort Casino<\/strong> went all-in … into debt, that is. Now that it’s time to pay the piper,\u00a0 they find themselves in binds<\/a> comparable to those facing non-tribal casinos. However, they have fewer options for relief, as they discover the downside of being a tribal operation.<\/p>\n

Dog’s breakfast at Tiffany’s<\/strong>. Few readers of this column can probably afford to buy anything at the Tiffany<\/strong> mega-boutique that will be part of the Crystals<\/strong> mall at CityCenter<\/strong>. However, it will make for some lovely window-shopping<\/a>. (Click on the pictures to see them in a larger size.)<\/p>\n

Atlantic City reprieve<\/strong>. Although New Jersey<\/strong>‘s three-way gubernatorial race is up for grabs, casino owners can take one consolation. Whichever of the two leading candidates is elected, continued opposition to racinos is promised.<\/p>\n","protected":false},"excerpt":{"rendered":"

At least 28,000 have done so over the two years-plus (probably more when you allow for the people still moving here). What are the likely consequences of Las Vegas‘ pegging its future on a one-trick economy? And is it going … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[23,56,28,44,14,26,67,68,11,71,95,111,9,19,20],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/89"}],"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=89"}],"version-history":[{"count":2,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/89\/revisions"}],"predecessor-version":[{"id":30154,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/89\/revisions\/30154"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=89"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=89"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=89"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}