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January 8, 2007
Vegas4Visitors Weekly

by Rick Garman

 
  • Review: Louie Anderson
  • Harrah’s Sale
  • Celine, Mamma Mia to Close
  • Celebrity Stupidity Vegas Style
  • Smoking Ban Takes Effect, Sort Of
  • Q&A: New for 2007?

  • Sold!

    Harrah’s Sale
    I take a couple of weeks off and look what happens: the largest gaming industry buyout in history.

    Harrah’s Entertainment agreed to a nearly $28 billion buyout from two private equity firms just before the end of the year. For that money, the firms will get all of Harrah’s assets, including Vegas casinos Harrah’s, Rio, Caesars Palace, Flamingo, Bally’s, Paris, Imperial Palace, and Barbary Coast and dozens of other casinos around the world. They also get all of Harrah’s debt, about $10 billion worth.

    Not much has been talked about since the sale was announced – one of the benefits of a private company as opposed to a publicly held one is they don’t have to answer to anyone but themselves. Several top level Harrah’s executives have tendered their resignations but most of them are probably doing so with giant chunks of change from the $90 a share the private equity firms paid.

    What does this mean for the future of the aforementioned Vegas casinos? Probably not much for the near term. Harrah’s Entertainment had been rumored to being close to announcing a massive redevelopment of their Strip properties that would’ve included tearing down the Imperial Palace, Barbary Coast, and at least part of Bally’s. While everyone believes those plans will go forward at some point, the new owners, saddled with more debt than they are probably comfortable with, may not want to rush into racking up a few billion more by immediately starting on a major construction project. I expect an announcement in the next couple of months that will be a slower, more measured approach that will leave most or all of the casinos in their portfolio open until at least 2008.

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    Celine, Mamma Mia To Close
    Official announcements were released recently on the closure of two big Vegas shows, one expected and the other a bit of a surprise.

    Everyone knew that Celine Dion’s contract was ending in 2007 and no on expected her to renew it beyond that, but now it is official: December 15, 2007 will be the last show at Caesars Palace for the Canadian songstress. She began her impressive run in 2003, against fairly heavy odds that a show with a single headliner commanding sky-high ticket prices could succeed. But for the bulk of the four years that she will have done her show she sold out almost every one of the 4,000 seats in the Colosseum.

    Although not official yet, it is expected that Bette Midler and Cher will be announced as replacements for 2008.

    The other show closure notice was more of a surprise when the folks at ">Mandalay Bay announced that “Mamma Mia!,” the Broadway hit musical featuring the music of ABBA, would shut down after more than five years and 2,300 performances. Now if you’re a knowledgeable Vegas or ABBA fan you might note that at this particular juncture of time we’re at about four years and just past 1,500 performances and wonder about the discrepancy. That’s because the announcement of the show closure was quite early, with the final bow not expected until late summer 2008.

    No word on what will replace the show but most expect yet another Cirque du Soleil production of some type.

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    Celebrity Stupidity Vegas Style
    Celebrities and Vegas have been an inseparable combination for decades but over the last few weeks the headline grabbing stories mating the two (usually involving some sort of obnoxious behavior) have been coming fast and furious.

    First came the news that everyone’s last choice in babysitters, Michael Jackson, has moved to town. Word has it that he is holed up in a massive mansion just west of The Strip near The Orleans and has been wreaking havoc at local malls like The Forum Shops by going on shopping sprees surrounded by a small army of bodyguards. And yes, everyone is wondering who is paying for all of this since there is much speculation in the media that Jacko is not exactly flush with cash.

    According to the gossip mill, Jackson is in town to reinvent himself Celine Dion style with some sort of headliner gig at a Vegas hotel showroom. This has been rumored for years but Jackson’s arrival in town seems to suggest that he is actively pushing the idea now that there is some distance between him and that whole child molestation trial unpleasantness.

    I wonder what hotel would have him. It would gain a lot of press and lots of people would come at least at first if for no other reason than the curiosity factor, but I don’t know that any of the major corporately run casino/hotels would want to be in business with the guy no matter the potential upside.

    Moving on from Michael, we had Britney Spears who reportedly “fell asleep” shortly after hosting the New Year’s Eve festivities at Pure nightclub at Caesars Palace. “Fell asleep,” “passed out,” potato po-tah-to. Norm Clarke of the Las Vegas Review Journal reported in his column that he was mere feet from Spears and watched her downing at least one cocktail and then several glasses of champagne after midnight so judge for yourself.

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    Smoking Ban Takes Effect, Sort Of
    A judge has upheld the controversial ordinance that would ban smoking in all bars that serve food, restaurants, convenience stores, and other locations in Las Vegas. In doing so, however, the judge stripped away all criminal penalties for lighting up so the worst that will happen now is you’ll get a fine.

    The law was voted in by state residents and bar and tavern owners took it to court to stop it, claiming it was unfairly targeting some small casino businesses while leaving the big casinos exempt (smoking will still be allowed at major gambling halls). But the court ruled against them and the law has been put into effect… sort of.

    According to stories in the local papers, confusion is reigning on when to actually institute the ban and many establishments, now free from any criminal penalties, are saying they will actively flaunt the law since there probably won’t be a lot of people out there to enforce it since health officials will be writing the tickets, not the police.

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    Feature of the Week

     
    Review: Louie Anderson
     

    Louie Anderson is a stand-up comedy staple – part of the funny-people food chain that includes folks like Jerry Seinfeld, Roseanne, Ellen Degeneres, Paula Poundstone, and fellow Vegas performer Rita Rudner. His act always has been and still is traditional, observational humor with a nice-guy midwest ethos that makes you just want to sit there and be entertained.

    Now performing at the Excalibur, the showroom he shares with male strippers – although not at the same time, mind you – is nothing to get too excited about. A few booths surround the tightly packed narrow tables and banquet chairs that are apparently designed to make you uncomfortable within about three seconds of sitting down in them. Seriously, who still thinks this kind of layout is a good thing?

    But that’s okay, you’re not here for the furniture, you’re here to laugh and Louie Anderson does not disappoint.

    His stock and trade has always been humor about his weight and he still hits those beats with the kind of timing that only a true master of the craft can muster. On walking the maze of ropes in the airport security lines, with a low mumble “I hope there’s a piece of cheese at the end.” On his inability to move gracefully, “If I could spin (in a circle) the tickets would’ve cost you an additional $30.” Why doesn’t he play craps? “I’m too lazy. If they had a version where you could lay down to throw the dice, then okay.”

    Vegas is a good target as well, with everything from the psychology of slot machines (“A woman once told me to cash out my winnings but keep laying because the machine will think I’ve left.”) to the hell he caught for splitting a pair of tens at a blackjack table once.

    Getting older is a big part of the routine these days, detailing his battles to try to be healthier by doing things like quitting smoking despite the fact that the people who make those nicotine patches don’t make entire suits of the stuff.

    It’s obvious throughout the show that Anderson likes to riff, like a jazz artist who goes in whatever direction he happens to find himself going in. He chats up people in the audience and takes his cues from them, turning “where are you from” and “what do you do for a living” into extended bits about everything from flying to guns and why the simple solution to the war in Iraq is to quite simply build a bunch of Krispy Kreme shops over there (“I know we were going to go blow something up, but the donuts are hot!”).

    Anderson comes off as a truly nice guy and the humor is accessible for just about everyone, with nary a hot button topic or “adult” joke in sight. Add in a reasonable ticket price and you have a terrific option for an early evening Vegas show.

    Vegas4Visitors Grade: B+

    Louie Anderson
    Excalibur
    3850 Las Vegas Blvd. S.
    Las Vegas, NV 89109
    702-597-7600
    Tickets
    Showtimes:

  • Tues-Sun 7pm Tickets:
  • $45

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  • Question of the Week

     
    From: Mona in Santa Fe, New Mexico

    Question: What’s in store for Vegas for 2007? Any new casinos or shows opening?

    Answer: So far 2007 is shaping up to be a pretty quiet year in terms of major openings of hotels. The only big one set to open this year is Palazzo, the $1.6 billion, 3,000 room sister hotel to The Venetian. It is expected to open before the end of the year but no official date has been set yet.

    When complete it will operate as a separate hotel from The Venetian, with its own check-in and services, but will be connected to The Venetian in several places to create one contiguous experience once you get inside. In addition to the rooms, bringing the total to more than 7,000 in the entire complex, there will be a 100,000-square-foot casino, more shopping, meeting space, and all of the restaurants and nightclubs you would expect in a hotel of this caliber.

    The other new hotel set for its debut this year is not really new in the way most people apply it. Within the next couple of months, work should finally be complete on the revamping of The Aladdin into Planet Hollywood, which will bring with it a whole new look and feel both outside and in. The casino is reportedly nearing completion and work is underway on redoing the mall area, the guest rooms, and the exterior of the building. This long delayed project should be fully complete by spring.

    That’s it for openings, but 2007 could see a closure or two. Imperial Palace and Barbary Coast were slated to close in 2007 but that has been delayed now by the $27 billion purchase of Harrah’s Entertainment. I expect these places will now remain open into 2008.

    Portions of the Tropicana may close as a massive redevelopment of that properties gets underway this year but the bulk of the property will remain open.

    And of course The Stardust will be imploded soon to make way for the new $4 billion Echelon Place development. And no, I don’t know when it will be imploded yet but will put it in my column when I do.

    A couple of major shows will be opening in 2007 including “The Producers” at Paris Las Vegas and “Spamalot” at Wynn Las Vegas. Later in the year we should see the new Cirque du Soleil magic themed show opening at Luxor, although that has not been officially announced yet.

    2008, 2009, and 2010 will be the really big years at The Strip will gain more than 10,000 new hotel rooms with major developments now under construction.

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