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...stomach hurts. It's 7 A.M., and somehow person after person after person has persuaded me to pull an all-nighter so they can show me their little slice of Vegas--their glossy strip club, their late-night pool-cabana scene, their Studio 54, their swank ultralounge. And now, at an after-hours nightclub, the bass pumping, my eyes jolted open every few seconds by the shock of manufactured cleavage, they are offering me a beer. Not even a light beer. All I wanted was to see a nice Cirque du Soleil show, work my expense account at Le Cirque...

Author: /time Magazine | Title: The Strip Is Back! | 7/26/2004 | See Source »

...Entertainment agreed to buy Caesars Entertainment in a $9.25 billion deal (including cash, stock and debt) that would create an even bigger company. Sheldon Adelson, the 70-year-old owner of the Venetian, is contemplating an IPO to score some cash to make a bigger bet on a new Strip hotel, the Palazzo, and other properties in the U.S. and overseas. In April, Steve Wynn, 62, the man who brought renewed glamour to Vegas in the 1990s with the shimmering-sided Mirage and then the Continental swank of the Bellagio, will open the $2.6 billion Wynn Las Vegas...

Author: /time Magazine | Title: The Strip Is Back! | 7/26/2004 | See Source »

...sexification has helped put Vegas on pace for a record year in visitors, after having 35.5 million last year. In the second quarter, revenue per available room in top hotels along the Strip rose to $190 a day, according to Joseph Greff of Fulcrum Global Partners. Room rates are up 40% from the same period last year, but the increase didn't stop occupancy from zooming to 95%. The city's casinos, hotels, restaurants, shops and clubs took in a record $32.8 billion in 2003. Vegas is the fastest-growing major U.S. city; 7,000 people move to Clark County...

Author: /time Magazine | Title: The Strip Is Back! | 7/26/2004 | See Source »

...Keller, Alain Ducasse, Charlie Palmer, Wolfgang Puck and Jean-Georges Vongerichten, Vegas dining has become so high-end it employs more master sommeliers than any other U.S. city. The hotels only get more and more extravagant and opulent. One of the must-have features is a posh spa: every Strip hotel has one, such as the 69,000-sq.-ft. Canyon Ranch SpaClub at the Venetian, which has a two-story rock-climbing wall. Luxury designer shops, from Louis Vuitton and Gucci to Armani and Dior, are so common that they seem practically like Gaps in Vegas. Just down...

Author: /time Magazine | Title: The Strip Is Back! | 7/26/2004 | See Source »

...competitors: "There's no music, no shows. Except for gambling, there's nothing else to do." Look out, seedy vice dens, Las Vegas is going global. Macau, Britain, Thailand and even squeaky-clean Singapore are being bombarded with billion-dollar investment offers from the same companies that made a strip of Nevada desert synonymous with over-the-top entertainment. The sudden urge to export Vegas-style casinos stems as much from regulatory reform abroad as from limited growth opportunity in the States. Indeed, after MGM Mirage announced plans last month to build a casino in Macau, Merrill Lynch predicted that...

Author: /time Magazine | Title: Exporting The Fun | 7/25/2004 | See Source »

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