Ladies & gents, the MONORAIL!

The Robert N. Broadbent Las Vegas Monorail will be inaugareted tomorrow. It's the newest attraction on the famous Las Vegas skyline. Running at 50 miles per hour, it allows passengers to cover the four mile route of the Strip in approximately 14 minutes. Because time is money! :-)

LV Monorail directly connects several major resorts (MGM Grand; Bally’s/Paris; Flamingo/Caesars Palace; Harrah’s/Imperial Palace; Las Vegas Hilton; Sahara), and 9 convention facilities, including the world’s largest convention center. The idea, which has been around for quite a long time, became a plan after the success of the 1995 one mile-two station monorail system built by MGM Mirage and Bally’s; it carried approximately 5 million passengers annually.

Verbatim from:
http://www.lvmonorail.com

"For the first 60 days, the Las Vegas Monorail will operate daily from 8 a.m. to midnight. The cost to ride the system will be $3 each way, or less. Daily, multi-day and multi-ride passes will be available for purchase. After the first 60 days, the monorail will operate daily from 6 a.m. to 2 a.m."

Harrah's near deal to buy Caesars

Ehy ehy ehy! More news about the future of the gaming industry.

After MGM Mirage put its eyes on Mandalay Resort, Harrah's is aiming at Caesars' properties. It seems Harrah's found a way to deal with its competitor expansion plans, playing its same game.

Considering the size of the acquisition, the U.S. Federal Trade Commission, the Justice Department and several states will discuss on the terms of this operation. These two big acquisition are going to reshape the gaming industry, not only in the main market - that's it baby, our Vegas! - but nationwide. Gaming regulations and laws are regulated on a State base, so they differ very much form State to State.

Harrah's, which as long be seen as one of the best player in the industry for its marketing approach and which made independent choices about themed casinos, seems to be playing its poker hand very smartly. If regulators and gaming authorities approve MGM acquisition, they will follow with their own financial operation to jump ahead competitors.

"NEW YORK - Harrah's Entertainment Inc. is near a deal to buy rival Caesars Entertainment Inc., in what would be the gambling industry's second major takeover in a month, The Wall Street Journal reported on Wednesday."

More on:
http://msnbc.msn.com/