I was reading this article about Goldman Sachs denying that they’re foreclosing on the Las Vegas Hilton in order to keep the Stratosphere alive and I got to thinking which of these casinos would I rather see go away.
The Hilton “speculates that Goldman Sachs Mortgage Co. may have orchestrated events to favor its interests in the Stratosphere to the detriment of the Las Vegas Hilton, but does not offer a single fact to support those suspicions,” Goldman Sachs’ filing said.
I’ve recently visited both casinos and have mixed feelings. First of all, I think both the Strat and Hilton are going away sometime soon. I thought that Station would take over the Hilton because they share financial backers (Colony Capital), but I’ve recently learned that Colony and Station aren’t interested in the Hilton.
Anyway, the while visiting the Hilton it felt big, old and dirty. That sportsbook was only passable because it was so big. Still it was dark and dirty. Meanwhile, the Strat has been recently remodeled and the casino looks pretty fresh and the room I saw was clean. It would be a shame to see that cleanliness go away.
Neither of these casinos will ever play a part of my life because of their location and independence from the rest of the strip. Neither seem to have much of a future and I don’t think saving one versus the other makes much of a difference in my life.
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