Issue 282
February 6 - February 12, 2006
Volume 6
page 2
 

Rolling Stone next to build LV casino?
As Reported by Las Vegas Review-Journal

LAS VEGAS, Nevada - The owner of Rolling Stone magazine is making a bid to turn Alexis Park on Harmon Avenue into a $500 million hotel-casino that would attract the same customers as the nearby Hard Rock Hotel, a real estate source said Wednesday.

The New York Observer reported that Rolling Stone founder Jann Wenner visited Las Vegas over the weekend to work on development plans for a rock 'n' roll-themed resort using the magazine's licensed name.

Neither a location nor details of a real estate transaction were revealed.

A source in Las Vegas who asked not to be identified said Wenner is looking at the 17-acre site of the Alexis Park, a nongaming hotel that was purchased by Los Angeles investor Richard Alter and his partners for $62 million in 2004.

The source said Alter has had the property in escrow more than once, but has run up against differences with his Asian business partners on how to proceed with development.

Alter said he is not selling the property to Rolling Stone magazine and ended a Wednesday telephone conversation by abruptly hanging up.

When he bought Alexis Park, Alter said he was going to invest $400 million renovating the property with a 28-story hotel tower, 60,000-square-foot casino, restaurants and health spa. Room inventory would be expanded from 500 to 1,500.

Alter's company, L.A. Pacific Center, also bought a 4.5-acre apartment complex next to the hotel for $8.1 million, Clark County Assessor's records show.

Harmon Avenue is being transformed into a corridor of hip, new development with an estimated $20 billion in planned projects, including the Hard Rock expansion, Las Ramblas by George Clooney, Starwood's W Las Vegas, MGM Mirage's Project CityCenter and Bruce Eichner's Cosmopolitan.

A spokesman for the Hard Rock said owner Peter Morton has been a longtime friend of Jann Wenner. And, while nothing has been confirmed, should the Rolling Stone hotel go through, the spokesman said, Morton would welcome the competition and thinks it would be good for the Las Vegas market.

 

 

 


St. Lucia to open first casino
As reported by The Jamaica Observer

CASTRIES, St. Lucia - St. Lucian authorities have approved plans for the first casino in the eastern Caribbean island, hoping to boost the country's vital tourist industry.

The casino, which will include 350 slot machines and 14 gaming tables, is scheduled to open by December, according to the management company, Treasure Bay Corp LLC of Biloxi, Mississippi.

Treasure Bay said the 15,000 square-foot (4,500 square-meter) casino would be built 16 kilometres (10 miles) north of the capital, Castries, and would employ 300 full-time workers.

"We are very excited to be working with Treasure Bay, St Lucia, Ltd in a partnership to enhance the amenities on St Lucia," said Peter Foster, the mayor of Castries and an attorney for the casino. "We look forward to seeing the final product and to their assistance in further boosting our economy."

In the past, casino proposals have been opposed by religious leaders and the St Lucia Labour Party when it was in the opposition. But the SLP, which has been the ruling party since 1997, later reversed its position on the issue.

Bon Jovi Inducted Into Mohegan Sun's Walk of Fame
As Reported by Las Vegas Review-Journal

UNCASVILLE, Connecticut - The legendary rock group Bon Jovi was inducted into Mohegan Sun's Walk of Fame on Wednesday, February 1, 2006. The event helped to celebrate their second sold-out show of the "Have A
Nice Day" tour at the venue.

Bon Jovi formed in 1984, breaking through to amazing success in 1986 with the album Slippery When Wet which yielded two #1 singles -- "You Give Love A Bad Name" and "Livin' On A Prayer." To date, Bon Jovi has played more than 2500 concerts in 50 countries, and has sold more than 100 million albums world-wide. Their latest CD Have A Nice Day was released in late 2005, and the tireless rock stars have been out on the road playing to packed houses since then. Since 2003, Bon Jovi has played three separate concerts at Mohegan Sun for a total of nearly 25,000 fans.

Over the past nine years, Mohegan Sun has grown to become the Northeast's premier entertainment destination, and to recognize those individuals who have made significant contributions to the company's success, Mohegan Sun has developed the "Mohegan Sun Walk of Fame." Tim McGraw was the first inductee in 2004; Rod Stewart and Alan Jackson were honored in 2005. Country's new supergroup Rascal Flatts was recently inducted on January 27, 2006. All individuals inducted into the "Mohegan Sun Walk of Fame" will have their name engraved in a plaque that will be permanently placed at the entrance to the Mohegan Sun Arena. They will also receive a crystal replica to commemorate the occasion during a special induction ceremony held at Mohegan Sun.

Mohegan Sun
boasts three entertainment venues: Mohegan Sun Arena, Cabaret Theatre and Wolf Den. Since it first opened in 1996, the legendary gaming and entertainment destination has hosted the best of every generation and genre--including country superstars Alan Jackson and Tim McGraw; rock icons Aerosmith and Rod Stewart; classic musicians Tony Bennett and Burt Bacharach; and legendary sold-out concert attractions Cher and Jimmy Buffett. Major sporting events, including championship boxing, college and professional basketball, tennis, billiards, bull riding and bowling, have also found a home at Mohegan
Sun. In 2003, Mohegan Sun made headlines as the first non-NBA owner of a WNBA team with the acquisition of the Connecticut Sun -- the 2004 and 2005 Eastern Conference Champions.

Mohegan Sun, owned by the Mohegan Tribe, is one of the largest, most distinctive and spectacular entertainment, gaming, shopping and meeting destinations in the United States. Situated on 240 acres along the Thames River in scenic southeastern Connecticut, Mohegan Sun is within easy access of New York, Boston, Hartford, Providence and located 15 minutes from the museums, antique shops and waterfront of Mystic Country. What began with the Casino of the Earth in 1996 has evolved into a legendary destination that now includes: the Casino of the Sky and over 300,000 square feet of total gaming space; The Shops at Mohegan Sun, featuring more than 60 retail shops and dining venues ranging from food court-style to gourmet; the 10,000-seat Mohegan Sun Arena for world-class sporting events and concerts, and an intimate Cabaret; and a 34-story luxury hotel, featuring 1,200 guestrooms and suites, premier meeting and convention space and a world-class spa.

David Spade

Danny Gans Theatre: From Saturday Night Live to the movies, to sitcoms, and now Capital One spokesman, funny guy David Spade will be appearing for 2 nights at The Mirage's Danny Gans Theatre.

Dates: February 24-25, 2006

Time: 9 p.m. Friday, 10:30 p.m. Saturday

Ticket Price: $77

For more information: (866) 80-SHOWS

 
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