Las Vegas megaresort opening may tell Nevada’s future
Publisher’s note: This is an editorial from the Reno Gazette-Journal first published on Dec. 15, 2009.
(Today’s) opening of the newest megaresort in Las Vegas, the first in quite a few years, could tell us a lot about the future of casino gaming in Nevada.
For its owners, MGM Mirage and Dubai World, the debut of Aria, one of four hotels in the massive CityCenter project, couldn’t have come at a more difficult time.
Casino revenues have been on a steady decline in Nevada for about two years, thanks to the spread of casinos around the country and the worst recession to hit the nation, and much of the rest of the world, since the Great Depression of the 1930s.