The existing gaming corridor extends 1,500 feet on either side of Las Vegas Boulevard between St Louis on the north to St. Rose Parkway on the south. The expansion of the district among other properties would have brought into the fold Wynn's 142-acre golf course, an adjacent 14 acres assembled by Marriott across from the Las Vegas Convention Center, and land Landry's acquired for an expansion of the Golden Nugget in Downtown Las Vegas.
There was no known opposition to the legislation the subject churches, which are located near the Strip in order to work with people who frequent it. UNLV economics professor Bill Robinson told the Las Vegas Sun recently that the bill may not be welcomed by established operators not directly benefiting from it, such as MGM Mirage and Harrah's, which own a majority of the existing Strip casinos, but it's good for Vegas as a whole.
"What we have now is an oligopoly...which lowers innovation and creates copycats instead of innovators," he said. "You have to have strong competition in your industry and the possibility of new people coming in and new ways of doing things."
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.