BONZER WOLF™

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Las Vegas Luck Running Out?
bonzerwolf
Is Las running out of luck?  Not when the she wolf is in town but she's back in Dallas.  This recession is really hurting everyone. It's even hurting  Las Vegas, the economy that was once thought to be impervious to the economic swings suffered by the rest of the country. Not anymore.  What's leaving Las Vegas more susceptible to this economic crisis than to previous ones? Diversification. Roughly 60 percent of the Las Vegas Strip's revenues now come from nongaming activities. By contrast, in 1991 and 1992, when the last comparable slowdown occurred, nongaming activities provided just 42 percent of overall revenue.  It doesn't help that the city's convention business is slipping.  The mortgage mess and the subsequent credit crunch have taken a toll on Vegas. Several major construction projects on the Strip are delayed due to financing problems, including a second tower for Donald Trump's new condo-hotel. Also delayed is a plan to build a $6 billion version of New York City's famed Plaza Hotel.  Nevada’s foreclosure rate leads the nation. A UNLV economist says the Las Vegas economy could be weak through 2010.  Gold1020 recented commented in the Las Vegas Sun," I think it'll take longer than 2010 to turn the Vegas economy around. The reason Vegas had 7 great years was because of easy credit & easy money. People in the U.S. had a boatload of discretionary income. The days of easy money are gone-and they're not coming back any time soon. Also-with Vegas portraying itself as a luxury destination-they've effectively thumbed their noses at all the middle income customers. People don't need Vegas. They've all got casinos within an hours drive from their own homes."

The Wolfs are returning to Las Vegas in March for a wedding.  Room rates were as low as I can remember in 2008 and continue to fall in 2009.  But the days of of risking  the Bonzer bankroll, even on positive expectation games like Full Pay Dueces WIld (100.76% return) six to eight times a year are definitely on hold. Cash is king and Bonzer can't see the light at the end of  this recession tunnel. The real question we need to ask ourselves, "is the luck that made this the greatest country on earth starting to run out?"



Photos: Las Vegas Luck Running Out? | Newsweek Business | Newsweek.com



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While I appreciate the info on Vegas, it's time for the BWolf to get back to work exposing the world of ICE. We can't look to Debbie Schlussel for updates until the situation in the Gaza Strip is taken care of.

Johnbreen, I could not agree with you more. Since returning from Vegas I have been under the weather due to an unexpected medical issue, which I expect to recover from very quickly. Just today, Mrs. Wolf mentioned that the same illness would take much longer to recover from when I was stuck in the "ICE Age" of constant hassling from the likes of Dallas ICE management morons like Tim O'Connor and Ric "the Dick" Manriquez. Of course the coward behind the curtain in Dallas is SES Special Agent in Charge John Chakwin Junior. Be assured that ICE in particular and government waste, fraud and mismanagement in general are not leaving my radar screen in 2009. In my opinion, ICE has thousands of honorable, dedicated rank and file agents, officers and support staff who are being victimized by the most incompetent, vindictive, malicious management in the federal bureaucracy. Neither Junior nor any of the other ICE management morons will prevent the truth from being published on this website. The First Amendment rights guaranteed by the U.S. Constitution insure the continued existence of Bonzer Wolf's World. All sources of information who contact me concerning the atrocities at ICE will be held in complete confidence. My contact information is available on the Bonzer Wolf profile page.

Edited at 2009-01-14 11:07 pm (UTC)

Bonzer-man,

Good to see you are alive and well and still on FIRE! I got a little ICE related news...here I am a struggling ex-fed, trying to make it in a hard old "immigration consulting" world, just trying to get by and WHO but the likes of the ICE QUEEN, or ex-ICE PRINCESES or whatever DS called her turns up immediately post ICE as offering herself as an IMMIGRATION consultant!! Really...how can an old retired guy compete!

Well...I still got this Army gig to fall back on...but if there is anyway you can run ol J. M. out of the immigration consulting business...well it'll be another one I owe you!

Breechloader...."I only use my gun...when kindness fails!"

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