Deals Least Likely To Get Done

List Author: Hunter
Description: There are real estate and casino deals proposed what seems like every day in Las Vegas. With the insane prices on the Strip, it seems that even more mogul-types want to try to get their names on a deal. Anyway, this list are the deals that we don't see happening.
  • RIo/Barbary Coast Swap - Uh-huh… This rumor came out this week and it goes something like this: Harrah’s wants the Barbary Coast pretty badly and the idea is that they would trade the Rio for the BC… Hmmm, I don’t think so. The Rio is a $1 billion+ property loaded with convention space. The BC is a 4 acre TINY joint that may have its charm but the main asset is location. This deal seems way out of balance.
  • Maxim Hotel - Announced for a North Strip location near Circus Circus, the idea is that the infamous men’s magazine will brand a hotel for its ‘loyal followers’. Our take? Unlikely at best but not impossible. We’ll see.
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