Issue 109
October 14-20, 2002
Volume 3
page 1
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Conde Nast Traveller Readers Name Bellagio Best Hotel in the Americas and Caribbean

Canterbury Park To Add Casino To Racetrack

Maucau To Model Las Vegas

Mexico Debates Casinos

Harrah’s to Sell Wagon Wheel Casino

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Conde Nast Traveller Readers Name
Bellagio Best Hotel in the Americas and Caribbean

LAS VEGAS - Bellagio, often described as the most spectacular and romantic resort in the world, recently was named Best Hotel in the Americas and Caribbean by readers of Conde Nast Traveller (UK) magazine. Winners were announced in the publication's fifth anniversary Readers' Travel Awards issue.

"Conde Nast Traveller's readers travel extensively worldwide. It is a remarkable honor for such a group to recognize Bellagio as the best leisure destination in the Americas and Caribbean; an honor that has everything to do with the commitment our employees make to each and every guest that walks through our doors," said Randy Morton, Vice President of Hotel Operations.

Hotels were evaluated on a number of criteria, including leisure facilities, restaurants, standard comfort of accommodations, location, environmental friendliness, ambience, shopping facilities, value for money and service.

"It is a great honor for Bellagio to receive the highest score in its category in our annual Readers' Travel Awards," said Sarah Miller, magazine editor. "Acknowledging our readers' appreciation of the world's best hotels and their desire to see more than 20 worldwide listed in the magazine, this year we expanded the leisure hotels' category by breaking it into five regions of the world -- Africa and the Middle East, Asia, Australia and the South Pacific, Europe, and the Americas and Caribbean. Each category was judged according to 10 criteria and Bellagio took its three highest scores in the following: standard of accommodation, location and service."

Bellagio was named at the top of a list that included The Wickaninnish Inn in Canada, Las Ventanas Al Paraiso in Mexico, Le Sport in St. Lucia and Mondrian in Los Angeles among the readers' top five picks.

"It is a highly impressive occasion in the hospitality industry for a resort with the scope and complexity of Bellagio to be recognized as having attributes of intimacy and service superior to the other hotels in this select group given that these resorts are far smaller," Mr. Morton said. "To be chosen for this honor by people who extensively travel the world affirms Las Vegas' rise to prominence on the world travel scene."

The publication launched in 1997 aimed at the British and European market. It is a wholly autonomous entity from the American version of the magazine. Conde Nast Traveller's Readers' Travel Awards recognize excellence in hotels, airlines, islands and spas worldwide among other leisure businesses and travel destinations. Conde Nast Traveller was honored as the lifestyle magazine of the year for 2000 and 2001 by the British Society of Magazine Editors.

Inspired by the beautiful villages of Europe, Bellagio overlooks a Mediterranean-blue eight-acre lake in which fountains perform a magnificent aquatic ballet choreographed to music and lights. Within Bellagio are award-winning dining experiences including Picasso, a Mobil Five-Star/AAA Five Diamond restaurant, a world-class art gallery currently featuring Faberge: Treasures from the Kremlin, exquisite gardens, luxurious spa services, an elegant casino and Cirque du Soleil's stunning performance of "O." The resort's shopping promenade, Via Bellagio, features upscale boutiques including Giorgio Armani, Gucci, Tiffany & Co., Prada, Fred Leighton, Hermes, Moschino and Yves Saint Laurent. Bellagio is a wholly owned subsidiary of MGM MIRAGE.

Canterbury Park To Add Casino To Racetrack

SHAKOPEE, MN - Canterbury Park wants to become a "Racino," by adding a casino to its horserace track.

The Shakopee-based Canterbury Park Holding Corp. said it has plans to build a 100,000-square-foot facility with room for slot and video gaming, a hotel and conference center, and an agriculture event facility at its existing 367-acre site in Shakopee.

Expanding Canterbury Park to the "Racino" concept would cost about $50 million.

Canterbury Park said that the new facilities would generate at least $55 million in new state gaming taxes, about $1.5 million in local taxes and more than 1,000 new full and part-time jobs.

Canterbury Park has offered limited gambling at its 50-table card club, which opened in the third quarter of 2000. The card club, which also provides betting on races at tracks in other states, had revenue of about $4.5 million in the second quarter this year.

Canterbury Park had second quarter revenue of $11.9 million, with net income of $613,000.

The state legislature must approve the proposed expansion before work can start.

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