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Las Vegas News of the Week

 
September 24, 2007
Vegas4Visitors Weekly

by Rick Garman

Lady Luck Back On Track?
The long shuttered Lady Luck hotel in Downtown Las Vegas may finally be back on track with new ownership promising design details by this fall while they quietly work on trying to find a way to link the property to the
Fremont Street Experience. The Lady Luck closed in 2006 after a company bought it with big plans to revamp the place. None of that ever came to fruition and after nearly two-years of what appeared to be empty promises, the CIM Group bought the property a couple of months ago and is giving it another go. CIM has a solid track record of doing this kind of renovation, having successes in Hollywood and other areas.

Although plans are still under wraps, word on the street is that they will rebuild the portions of the hotel that the former owner tore down, adding a new casino, retail, and entertainment components that could extend down 3rd Street to the Fremont Street Experience. The hotel towers could either be revamped as boutique accommodations or turned into residential lofts or both.

The plans should be unveiled by November.

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Coming Back?
New Ways To Get Cash in Casinos
Getting money to waste… I mean… gamble in casinos is not exactly difficult right now but in the future it could be even easier if a pair of technological advances get approved by the Nevada Gaming Commission.

The first looks like it will almost definitely be a go – an ATM style machine that will allow you to get slot machine tickets instead of cash. Insert your debit card and withdraw funds just like you normally do but instead of paper money you get the same kind of paper tickets that slot machines dispense now. The theory is that this will make people more comfortable than having to walk around with big wads of cash in their pockets.

The other is more of a pipe dream at this point but really shows the future, which will be not only cashless but paperless. Before you leave home you’ll be able to transfer money into a special casino account, most likely tied to your players’ club card. Insert your card in the machine, enter a PIN, and you’ll be able to transfer money from the account into the machine. Winnings would then be transferred back so you’ll never have to touch a bill or a ticket again.

Both of these “advances” are currently in the testing phase and will face a number of hoops to jump through but you should pay attention to them if for no other reason than they give a glimpse into what gaming will be like in the coming years.

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Green Valley Goes to “Hell”
Chef “Rock” Harper arrives today as head chef at Terra Verde Italian restaurant at
Green Valley Ranch Resort after recently being crowned winner of Fox’s popular reality show, “Hell’s Kitchen 3,” hosted by acclaimed chef Gordon Ramsay. Rock outlasted 11 other competitors during the culinary boot camp to earn the coveted title of head chef at Terra Verde, the resort’s newest upscale culinary offering. Terra Verde is open Sunday through Thursday from 5 -10 p.m., and Friday and Saturday from 5 – 11 p.m. Reservations are recommended by calling 702-617-7075.

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Tangerine Sticks Around
Apparently rumors of its demise were greatly exaggerated. Well, to be specific, an announcement of the nightclub Tangerine’s demise were, if not necessarily wrong, then at least not official. The folks at
Treasure Island had said that the popular Tangerine nightclub would close this month to make way for something bigger and better but now the club will stay put through the end of 2007 while the Pure Management Group puts the final touches on what will take its place. According to Norm Clarke in the Las Vegas Review Journal (who is rarely wrong about these kinds of things) the thing that will take its place will be a nightclub based on the popular “Miami Ink” reality show with tattoo artists mixing it up with the glitterati.

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Feature of the Week

 
Start Your Engines: Concours d’Elegance Set for Vegas
1934 Packard Model 1108 Twelve Deitrich Convertible Sedan

Car enthusiasts from all over the world will descend on Las Vegas Thursday, October 25, 2007 for four days of pomp and circumstance called Concours d’Elegance Las Vegas. Like other Concours events that have been held all over the world since the early 1900s, the event will feature hundreds of the most prized collector cars in the world, in addition to a week-long series of events to support local charities, including high fashion, automotive artwork and charity gala and auction, all leading up to the Concours d’Elegance Las Vegas Car Competition and Exhibition on Sunday, October 28, 2007.

The Concours d’Elegance Las Vegas Car Competition and Exhibition will feature some of the world’s most elegant collector cars on the 18th fairway of the PGA golf resort TPC at the Canyons. On display for the public will be car collections including pristine examples of pre-war, European, exotic, muscle, and custom automobiles. The Concours is not a contest of speed, but of excellence. Automobiles are judged for their style and excellence of design. In addition to the cars in competition, the Concours will offer late model and specialty vehicles for the public to view.

During the event, spectators and entrants will enjoy gourmet food, fine wines and live music. Tickets to Sunday’s event are $75 in advance and $100 at the door.

Concours d’Elegance events began over 100 years ago in the parks of Paris, the Rivera and other elegant resort towns of Europe . The rich and famous of European society gathered to socialize and celebrate the latest automobiles and women’s fashions as unique art forms that graced their stylish lives as much as the homes in which they lived and the banquets and dinner parties they attended. They called these events Concours d’Elegance, a phrase that, when translated, quite literally meant ‘competition of excellence’.

The Concours made its American debut in 1950 in Pebble Beach , CA . Today there are several dozen shows that have adopted the Concours name.

For more information on Concours d’Elegance Las Vegas please call 702-860-4565 or visit www.lasvegasconcours.com.

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Question of the Week

 
From: Dave in Madison, Wisconsin

Question: I know it’s impossible to figure out where to find slots that pay well but is there a certain denomination of machine that pays better than others?

Answer: As with everything in a casino, it’s really all about the luck of the draw – or the pull of the handle in this case, but generally speaking the higher the denomination the higher the payout percentage.

According to Nevada state law, a machine has to give back at least 75% of what it takes in over the machine’s pay cycle (which is usually based upon a pre-determined number of spins and is usually top secret). That’s the base payout percentage and if the casinos are playing fairly then all machines will be above that.

Since the bottom line is established by law there is only so much they can take on each individual machine. Considering the fact that a nickel machine takes up the same amount of room as a dollar machine, the casinos usually make the payout percentage lower on nickel slots so they can take in more money on a percentage basis and slightly higher on quarters and dollars and so on.

Of course, this is not a science and there’s no guarantee that the dollar machine you sit at is going to give you a jackpot and the nickel machine across the aisle isn’t.

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