Showing posts with label blimp. Show all posts
Showing posts with label blimp. Show all posts

Thursday, March 26, 2009

A doctor's office in a casino!?!?!

Back when Hunter Hillegas of RateVegas.Com and I ambled through the opening night of M Resort, we both took pause at the notion of this...


It struck us and others that placing a pharmacy inside a casino served just one purpose, to lure in geezers. And luring them in with promises of free co-pays and the like seemed to be preying on geezers who aren't well and who probably are short on cash. In my interview for The Strip this week, though, Marnell defended it as an amenity just like the buffet and said he believes most oldsters are getting free meds anyway from the government so how could it be "predatory," as I felt.

Well, back when I first wrote about this for a VegasHappensHere.Com post on March 1, I wrote: "Why not have a doctor's office and eyeglass shop, too? As Hunter cracked, which locals casino will be first to market with funerary services?"

So imagine my surprise when, in quizzing Marnell about this and asking him what the next logical move was, he said that he's about to OPEN A DOCTOR'S OFFICE. Hear all about it starting at around 1:15:30 on this week's episode of The Strip. He says he's recruited a doctor who is popular in the region.

There was other news out of this conversation:

* The famous M Blimp will be retired in a few months when the contract runs out. Plans to sell advertising on it failed because the ad market has dried up and the idea of selling rides in its gondola just didn't make sense if the ship itself wasn't making revenue.

* The player's club has hit its 100,000th enrollee. (A press release on this went out today, a day after the interview.) Marnell said 95 percent were people coming into the property and the remainder via the Internet.

* Even though MGM Mirage invested $160 million in the project, which cost $1 billion, they own a 50 percent equity stake. I'm wondering if there's someone out there with, say, $200 million, who might want half of a beautiful new resort that seems to be doing well and also to help MGM out with its cash-flow crisis. Paging Mr. Boyd...

* There were plans to build a movie theater and bowling alley on the property but Marnell said they ran out of money.

I feel like I'm forgetting something, but I can't remember what. It's a good interview, even if you don't care about a locals casino. Marnell has lots of stuff to say about his dad, too, and what he's built. Go listen to it. No word on when the M Funeral Services office will be opening for business.

Wednesday, March 25, 2009

The Show is UP: M is for MONEY

Here I am holed up on a motel in San Antonio, posting this notice about this week's show. And gosh, what a good one it is. We went for our first time to the new LVRocks.Com studio -- there's some background noise but they're still doing sound-proofing and other stuff like that -- and Miles and I were well rested and ready to roll. Plus, the Marnell interview yielded several bits of news that I'll recap in another post later tonight or tomorrow morning. For now, though, click on the date below to listen or right-click and save to your computer. Or subscribe (it's free!) via the iTunes link or via the Zune link. Enjoy.

March 26: Anthony Marnell III

His father built the Mirage, Bellagio, Wynn Las Vegas, Sam’s Town, the Rio, Caesars Forum Shops and countless other iconic structures. But now is 35-year-old Anthony Marnell III’s time, with the surprisingly successful opening of the $1 billion M Resort way, way, WAY south on Las Vegas Boulevard. Marnell the younger talks this hour about the future of his famous M Blimp, about growing up on Vegas construction sites and about why the new resort is in some ways a way for his father to receive the recognition he deserves. Plus, Steve confronts him about whether putting a pharmacy in a casino is, as Steve believes, predatory.

In Banter: MGM Mirage's woes, Phil Ruffin's financing issue, Luxor billboards, hard-to-believe Lion King ticket sales, getting in trouble taking pictures in casinos and thought on Terry Fator.

Links to stuff we discussed or referenced:

The M Resort’s site
The Strip Sense column on the Olds’ visit to the M
VegasHappensHere.Com coverage of the Reid-MGM controversy
The Review-Journal’s Howard Stutz reveals that Phil Ruffin can’t seem to finance $175 million
VegasHappensHere.Com on the Luxor billboards
Norm Clarke’s report on the Lion King’s ticket sales
VegasHappensHere.Com breaks news that Celine Dion has inked a Caesars deal
Reviews of Terry Fator from VegasHappensHere.Com, the Las Vegas Sun and the Review-Journal
The R-J’s Ben Spillman’s piece about a blogger who fought with Cannery security about photos
The Poker Grump blog
The Dinner In The Sky in Las Vegas website