{"id":1325,"date":"2007-04-20T14:51:21","date_gmt":"2007-04-20T21:51:21","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=1325"},"modified":"2007-04-20T14:52:34","modified_gmt":"2007-04-20T21:52:34","slug":"whats-the-hottest-game-in-vegas-strip-monopoly","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1325\/whats-the-hottest-game-in-vegas-strip-monopoly\/","title":{"rendered":"What’s the hottest game in Vegas? Strip Monopoly!"},"content":{"rendered":"

Oh, keep your shirt on… Strip Monopoly refers to that famed Parker Brothers board game (now owned by the soulless Hasbro, alas) as played with the real-life real estate on Las Vegas Boulevard — a\/k\/a “The Strip.”<\/p>\n

Earlier this week, Kirk Kerkorian’s MGM Mirage acquired 33.4 acres of Strip-front real estate surrounding the company’s Circus-Circus property<\/a>. This brings the Circus-Circus site, already 68-acres huge, to over 100 acres of land fronting on one of the priciest streets in the history of pricey streets.<\/p>\n

MGM Mirage is already building the $7 billion Project City Center on and around the old Boardwalk property<\/a> — apposite appellation strictly coincidental. The company plans a similar city-within-a-giant-casino development on the Circus-Circus site.<\/p>\n

Vegas Today and Tomorrow has a nice Monopoly map to show you who is winning the game<\/a>. Here’s a way of thinking of things: The green spots on the board are split between Wynn Las Vegas and The Venetian. Harrah’s owns the orange and the yellow properties. The railroads and utilities are divided among Boyd Gaming, Station Casinos and various minor players. Everything else belongs to MGM Mirage.<\/p>\n

Harrah’s is technically the largest gaming company on earth, but MGM Mirage owns more undeveloped<\/i> Strip-fronting real estate than Harrah’s owns in developed<\/i> land on the Strip. All three of the companies that merged to form MGM Mirage — MGM Grand, Mirage Resorts and Mandalay Resort Group — have been persistently greedy in acquiring land on Las Vegas Boulevard over the years.<\/p>\n

Circus-Circus was built by the man who may have understood Las Vegas best, Jay Sarno<\/a>. He also built Caesar’s Palace, thereby inventing the idea of the themed casino-resort-hotel. Caesar’s, of course, has become almost a city unto itself, and it was the success of the Forum Shops that led other Strip casino operators to explore the convergence of gaming and shopping. MGM Mirage pledges to refurbish Circus-Circus as part of its development of the newly-assembled 100 acre parcel, so both of Sarno’s creations will live on in the city he influenced so decisively.<\/p>\n

But what’s next for Strip Monopoly?<\/p>\n

Other than Caesar’s Palace and The Paris, most of the Harrah’s Strip-front Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Oh, keep your shirt on… Strip Monopoly refers to that famed Parker Brothers board game (now owned by the soulless Hasbro, alas) as played with the real-life real estate on Las Vegas Boulevard — a\/k\/a “The Strip.” Earlier this week, Kirk Kerkorian’s MGM Mirage acquired 33.4 acres of Strip-front real estate surrounding the company’s Circus-Circus […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,6,5],"tags":[],"class_list":{"0":"post-1325","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-investment","7":"category-marketing","8":"category-real-estate","10":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1341,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1341\/more-strip-monopoly-icahn-sells-nevada-casinos\/","url_meta":{"origin":1325,"position":0},"title":"More Strip Monopoly: Icahn sells Nevada casinos","author":"Greg Swann","date":"April 23, 2007","format":false,"excerpt":"More on the theme of Strip Monopoly: Billionaire Carl Icahn is selling all of his Nevada casino holdings to Goldman Sachs' Whitehall Street Real Estate Funds for $1.3 billion. This is interesting on a number of grounds, taken more or less least to greatest. Third, Icahn is going to net\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2507,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2507\/what-do-you-do-about-a-3-dollar-foreclosure-you-can-take-it-in-stride-or-you-can-squish-it-like-a-bug\/","url_meta":{"origin":1325,"position":1},"title":"What do you do about a $3 billion dollar foreclosure? You can take it in stride — or you can squish it like a bug","author":"Greg Swann","date":"January 17, 2008","format":false,"excerpt":"Foreclosure is normally not a topic for amusement, but the Las Vegas real estate scene is like a brand new Hasbro game show, Monopoly.TV. The news:The developer of the $3 billion Cosmopolitan Resort & Casino says its lender, Deutsche Bank, filed a notice of foreclosure on the property for a\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3323,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3323\/a-suite-in-the-augustus-tower-with-a-view-of-the-south-strip-a-bucket-of-ice-and-a-bottle-of-old-bushmills-and-a-gorgeous-blonde-i-was-lucky-enough-to-marry-but-if-you-take-away-everything-exce\/","url_meta":{"origin":1325,"position":2},"title":"A suite in the Augustus Tower with a view of the South Strip, a bucket of ice and a bottle of Old Bushmills — and a gorgeous blonde I was lucky enough to marry… But if you take away everything except Cathleen, we’ll still have a wonderful anniversary","author":"Greg Swann","date":"July 4, 2008","format":false,"excerpt":"It's our wedding anniversary today, and normally we would be in Sin City, swimming and playing. But Q4 2007 and Q1 2008 were lean enough that Cathy insists on wasting our money paying bills, rather than wasting it in Las Vegas, where money is meant to be wasted. It's funny\u2026","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":844,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/844\/project-city-center-in-las-vegas-now-thats-a-model-home\/","url_meta":{"origin":1325,"position":3},"title":"Project City Center in Las Vegas: Now that’s a model home!","author":"Greg Swann","date":"January 3, 2007","format":false,"excerpt":"What you're seeing is an over-the-shoulder peek at the new model home center for Project City Center in Las Vegas, to be built on the Strip-front parcel formerly occupied by the Boardwalk casino-hotel-resort, as well as behind the Monte Carlo and New York-New York properties -- all owned by MGM-Mirage.\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":583,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/583\/a-radically-different-way-of-thinking-about-real-estate-what-if-las-vegas-boulevard-were-private-property\/","url_meta":{"origin":1325,"position":4},"title":"A radically different way of thinking about real estate: What if Las Vegas Boulevard were private property . . . ?","author":"Greg Swann","date":"October 28, 2006","format":false,"excerpt":"For Galen Ward from Rain City Guide, here is a weblog post I wrote in 2003 on the idea of mass transit and private property in Las Vegas. The Las Vegas Monorail was then still in construction, and I was busily demonstrating why it must fail -- which it has,\u2026","rel":"","context":"In "Casual Friday"","block_context":{"text":"Casual Friday","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/casual-friday\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18569,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18569\/overnight-news-when-the-clowns-take-over-the-circus-do-they-eat-the-elephants-first\/","url_meta":{"origin":1325,"position":5},"title":"Overnight News: When the clowns take over the circus, do they eat the elephants\u00a0first?","author":"Greg Swann","date":"October 20, 2021","format":false,"excerpt":"The headline of the day belongs to The Babylon Bee, the most-accurate news source in America: \"Arms Race Heats Up: Just As China Reveals Space Nukes, America Responds With Trans Admiral.\" We are led by a pageant of clowns. Who can argue that we don't deserve exactly what we're getting?\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/1325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=1325"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/1325\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=1325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=1325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=1325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}