Hang on baby, we are going to Vegas!
Very interesting news.
Dubai World is chipping in for a stake in Las Vegas' MGM Grand for $5bn. Making Dubai the proud owner of 9.5% share in one of the largest hotels on the strip.
Someone told me that its impossible for a an Arab/Muslim city to invest in a gambling operation and most likely its wrong. But the story was also on CNN, so most likely its true. I am not worried about Arab's reaction to it, but more towards American one.
Can't wait to see Jon Stuart's thoughts on it tomorrow night; he is in Iraq at the moment by the way.
I'll be very honest with you, I don't care about this whole arab investing in gambling business. I spent a whole week in Vegas last summer and I stayed in MGM. I didn't hit the tables, instead I spent a small fortune on shows like BlueMan show, KA and others. So, there are lots of things to do in Vegas other than to gamble.
I am with this move and if they can buy 100% of MGM, I am down with it.
Also, the place is full of themed venues such as NewYork NewYork, Luxor, Paris and Aladdin (now known as Planet Hollywood). Who knows, we might end up seeing a Dubai themed hotel on the strip :)
Dubai World is chipping in for a stake in Las Vegas' MGM Grand for $5bn. Making Dubai the proud owner of 9.5% share in one of the largest hotels on the strip.
Someone told me that its impossible for a an Arab/Muslim city to invest in a gambling operation and most likely its wrong. But the story was also on CNN, so most likely its true. I am not worried about Arab's reaction to it, but more towards American one.
Can't wait to see Jon Stuart's thoughts on it tomorrow night; he is in Iraq at the moment by the way.
I'll be very honest with you, I don't care about this whole arab investing in gambling business. I spent a whole week in Vegas last summer and I stayed in MGM. I didn't hit the tables, instead I spent a small fortune on shows like BlueMan show, KA and others. So, there are lots of things to do in Vegas other than to gamble.
I am with this move and if they can buy 100% of MGM, I am down with it.
Also, the place is full of themed venues such as NewYork NewYork, Luxor, Paris and Aladdin (now known as Planet Hollywood). Who knows, we might end up seeing a Dubai themed hotel on the strip :)
Labels: Business, Dubai, Entertainment, US
posted by moryarti at
8/22/2007 06:57:00 PM
6 Comments:
Interesting thought. What would a "Dubai Themed Hotel" actually look like ?
Will it be made up of 500 intricate, but interlocking construction cranes and the occasional cement mixer ?
Will it be staffed by foreign guest workers paid a pittance, but allowed to sit in the shade between1230 and 1500 ?
Or will it have a 6 lane highway running down the middle full of complete and utter lunatics ??
Sounds very interesting !!!!
Anyone else have some ideas for a Dubai Themed Hotel ?
By
Anonymous, at August 22, 2007 at 10:16 PM
Oh, so THIS is where our Salik money is going!
By
KJ, at August 23, 2007 at 10:03 AM
So this is how Dubai World is going to make more money - gambling profits!
I've been to Vegas 4 times now, and I'm proud to say that I have not gambled once - not even a quarter into a slot machine!
By
nzm, at August 23, 2007 at 10:55 AM
Perhaps gambling will be referred to raffle draws or prediction contest from now on......think Dubai World Cup!
By
Impala Lily, at August 26, 2007 at 7:49 PM
Dubai-themed hotel? Hmmm...maybe something like Cyclone. It'll be a hit.
By
Anonymous, at August 28, 2007 at 12:04 PM
Actually, being born and raised in Vegas.. Aladdin hotel got changed to Planet Hollywood for a few reasons, one of said reasons was that an arabic themed resort doesn't do so well. Which meant you could get great deals at that place when the rest of the strip was full hah. No Dubai themed hotel anytime soon :P
By
Anonymous, at September 14, 2007 at 3:04 PM
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