Mikes Las Vegas

Posts Tagged ‘Las Vegas’

December 23 1973, the MGM Grand opens on the Las Vegas strip, at the time it had been said that there were too many hotel rooms and the market was saturated with casinos. The town could do with out any more rooms, casinos, and bars. Little did they know at the time that MGM would be the end of the second building boom. 1989 Steve Wynn purchases land from Howard Hughes and builds the Mirage, then the most expensive hotel in the world, it was said that they would never re coup the cost. “And so it begins” the third building boom which brought us, Luxor, Treasure Island, Bellagio, Excalibur, MGM Grand, Mandalay Bay, And Wynn just to name a few. This brings us to today a few days after the December 15th opening of the cosmopolitan and the 21st year of the third building boom. A few years back you would have seen no end in sight but as the economy slowed so did construction, projects on the strip stand rusty, and sun burnt with no activity. For those of us who look forward to new and exciting places to explore, we are left with the thought that there may be many years between openings, and of course some may never open.