Saturday, June 16, 2007

Who Owns The Strip

In Vegas, the house always wins.

Many of the largest hotel, casino and resort properties are located on The Strip - MGM Grand, Caesar's Palace, Bellagio, Paris, Luxor, Newyork-Newyork, Excalibur.

It is more than likely that your squandered money goes to fill the pockets of just two.

Wondering how?

You will be surprised to know that despite so many different casinos and varied building themes, most of The Strip is owned by just two companies - MGM Mirage and Harrah's Entertainment.

Harrah's is in fact also the largest gaming company in the world followed by MGM Mirage.

Here is an image from Wikipedia edited to contain what these two big guys own on The Strip.

BTW in my case, the house did not always win. In Atlantic City, I won $900 on slot machines. Sweet huh!

However in Vegas I lost around 200 bucks at the end of a 2 day gambling frenzy.

So when you go to Vegas next time, you will know who is exactly taking your money.

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