The Battle for Las Vegas

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  • Опубликовано: 6 мар 2023
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    A closer look at the competition between MGM Resorts International and Caesars Entertainment for supramecy on the Las Vegas Strip. Just two operating companies control a large part of the Casino business in the gambling capital. This video dives into the mergers, acquisitions, and high-stakes business gambles that led to today's fascinating situation. It presents an outlook on how the real estate business in Las Vegas is changing today.
    Images via Getty, AP Newsroom
    Map source by MapTiler / OpenStreetMap Contributors via Geolayers 3
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Комментарии • 2,7 тыс.

  • @mindob766
    @mindob766 11 месяцев назад +3227

    "While mom and dad gamble upstairs, the kids go downstairs to the arcade" responsible parenting right there

    • @Riptionator
      @Riptionator 10 месяцев назад +190

      You have to realize that Excalibur was following the business model of the original Circus Circus, which was built in the 60s. During that time and up to the 90s, latchkey kids were a common thing. You let your kids loose to go play throughout the day and just told them when to be home for dinner. It was a real thing because it was actually safe back then. It made kids stronger rather than weaker and taught them responsibility.
      My Dad would always hand us cash and we'd spend hours playing games while he gambled. It was a blast.

    • @gamzillio
      @gamzillio 10 месяцев назад +15

      I laughed hard at this.

    • @SWLinPHX
      @SWLinPHX 9 месяцев назад +7

      @@Riptionator Yes, Excalibur was Circus Circus Entertainment's second casino. Since the 1970s Circus Circus was THE family casino (although I couldn't stand the annoying and chaotic circus sounds and atmosphere when I stayed there on night due to a free stay I had).

    • @H8Magnet
      @H8Magnet 9 месяцев назад +28

      ​@@Riptionatoryeah but no. That was bad parenting back then and it is still the same today.

    • @alexcisneros2980
      @alexcisneros2980 8 месяцев назад

      ​@@H8Magnethelicopter overbearing domineering paranoid tracking 24/7 surveillance parenting modern style life 360 is the way to go!
      F-ing dipsht.

  • @andres7th
    @andres7th Год назад +11090

    As a non-American, Las Vegas looks like such a surreal place

    • @stevenjlovelace
      @stevenjlovelace Год назад +1731

      As an American who's never been there, I agree!

    • @Akash-lo5ts
      @Akash-lo5ts Год назад +1886

      As someone who has been there multiple times, I agree

    • @yokobono1180
      @yokobono1180 Год назад +1639

      It’s legit like GTA lobby lol

    • @TheLaziiness
      @TheLaziiness Год назад +453

      As a frog on the side of the road, I have to agree

    • @gjd424
      @gjd424 Год назад +477

      It’s an adult version of disneyworld! 🎰

  • @MockOverdrive
    @MockOverdrive 9 месяцев назад +730

    I like how the video game, Fallout New Vegas, depicted the hotels as being ganglike factions competing for power, with one being ran by a mafia, another by cannibals, and one ran by a senior citizen with bloodthirsty robots. The House always Wins 💰

    • @littlewinston8141
      @littlewinston8141 8 месяцев назад +55

      Patrolling the Mojave almost makes you wish for a nuclear winter

    • @teogonzalez7957
      @teogonzalez7957 4 месяца назад +22

      Lucky 38 isn’t open. The third casino is the tops, which is the stereotypical 50s casino as opposed to the NSFW casino and the luxurious casino.

    • @clu2573
      @clu2573 3 месяца назад +11

      I clicked on this video thinking it was a history of gang warfare in Las Vegas.

    • @sethleoric2598
      @sethleoric2598 Месяц назад +4

      Ave true to Caesar.

    • @TachyonKing
      @TachyonKing Месяц назад +4

      I like that the least worst faction on the strip are the Chairmen simply by virtue that ‘they are neither the White Glove Society nor the Omertas’ , and even then the game has you almost murdered by their leader in the first two minutes.

  • @zacka6226
    @zacka6226 8 месяцев назад +239

    About a year ago, I was super drunk in Vegas trying to get back to my hotel and I kept walking around in circles because I kept seeing MGM on everything and thinking I was still all the way back at the actual MGM Grand hotel. I'm actually very familiar with where everything is on the strip and I don't get confused or disoriented if I'm not extremely drunk. But I was, so it was hopeless. I had to literally just sober up enough to realize the MGM logos were on other casinos, I'm not all the way back at the MGM Grand.

    • @davestevens4263
      @davestevens4263 8 месяцев назад +2

      That’s awsome brotha , I get it !

    • @joeroscoe3708
      @joeroscoe3708 2 месяца назад +2

      Good job Zack

    • @liamh1015
      @liamh1015 Месяц назад +1

      If it makes you feel any better, I got really stoned in the MGM grand and couldn’t find my way out for half an hour.

    • @joeroscoe3708
      @joeroscoe3708 Месяц назад +1

      @@liamh1015 Good job Liam

    • @mcfly7
      @mcfly7 29 дней назад

      Wake up and pay attention.

  • @eringanley1796
    @eringanley1796 Год назад +5739

    Crazy how many monopolies exist where we might not even realize it. Love the visuals you did for this, really easy to get a sense of how everything shifted around until we got to how everything is today!

    • @thefatbob3710
      @thefatbob3710 Год назад +93

      not really a monopoly if its the corporate version of a fucking 1v1

    • @graxx478
      @graxx478 Год назад +213

      @@thefatbob3710 duopoly

    • @americanhero8606
      @americanhero8606 Год назад +57

      Land is the most precious commodity, it literally underpins and makes possible all other worthwhile products, services and investments. There's nothing more lucrative than desirable urban land parcels, that's why most urban properties in big cities will never be listed on public stock markets for the "regular Joe" to invest in. The profits and ROI are something above and beyond anything you or I can ever reach with our boring stock and bond portfolios. Even most REITS on the markets are bad imitations, usually just suburban mall operating companies (malls are kinda a bad investment when you buy your stuff on Amazon).
      Henry George famously wrote about the "evil" of allowing land to be a commercialized property, not in the communist sense but in the "we didn't make the land, none of use should get rich just from lucking out or taking possession of land that just so happens to be better than other pieces of land".
      More people need to get on board with the idea of abandoning taxes on earned income and sales, and putting high taxes on the value of land since land value inequality is the #1 driver of socioeconomic inequality in the world.

    • @thefatbob3710
      @thefatbob3710 Год назад +6

      @@graxx478 implies that they would be working together

    • @graxx478
      @graxx478 Год назад +8

      @@thefatbob3710 you think they aren’t?

  • @GodTierComments
    @GodTierComments Год назад +1074

    I'm so glad that the 0.1% can avoid federal tax, I was worried for a moment that casinos might have to close down

    • @Apple_Beshy
      @Apple_Beshy 9 месяцев назад +12

      The thing is, these people is providing 90% of the total tax we have, they paid the less percent, but they are the biggest contributor in taxes

    • @harish5724
      @harish5724 9 месяцев назад +191

      @@Apple_Beshy This is completely false and not even close to true. Your numbers are way off.

    • @Apple_Beshy
      @Apple_Beshy 9 месяцев назад

      @@harish5724 then you can do your own research most of the tax funds came from these billionaires

    • @srs6461
      @srs6461 9 месяцев назад +62

      @@Apple_Beshy Where the f did you get that information?

    • @gonzzzz
      @gonzzzz 9 месяцев назад

      His source is that he made it up and believes trickle down economics actually works

  • @drumraider
    @drumraider Год назад +976

    I do agree heavily that Vegas is like GTA. It really feels like it having lived here for years. People drive fancy cars with total disregard for traffic laws, there's crazy guns and many people are armed, there's constantly helicopters including police copters flying around, an airforce base nearby so sometimes you see jets in the sky, and the whole culture is over the top. Even our billboards are completely ridiculous, crazier than anything I saw growing up 18 years in the Midwest.
    I once saw a digital billboard go from an ad for beer, to an ad for guns, to an ad for a Marijuana dispensary. Doing all those together is a felony but on a billboard in vegas? A typical Tuesday 😅

    • @calzoneyyy
      @calzoneyyy Год назад +35

      my personal favorite is the fbi tips billboard

    • @sethleoric2598
      @sethleoric2598 10 месяцев назад +92

      Billboards for hookers too, really felt like something i'd see in GTA

    • @Faceplay2
      @Faceplay2 10 месяцев назад +6

      To be fair, it’s really not like that. Anywhere in the West Coast for the most part besides, California is going to be better with gun laws rhyme from Arizona. We even have better gun laws, the Nevada.
      Also no one can just buy crazy guns in normal citizen. Can’t just purchased like a machine gun.
      That’s a company with a specific gun license.

    • @adog3129
      @adog3129 10 месяцев назад +3

      @@Faceplay2 oh yeah they're talking about battlefield vegas, aren't they? i was wondering

    • @whoismillie1
      @whoismillie1 10 месяцев назад +1

      dont forget the news and the radio stations

  • @AverytheCubanAmerican
    @AverytheCubanAmerican Год назад +1940

    This is literally a Monopoly game in real-life. Another thing, these resorts are in Paradise, a town created in 1950 so that the resorts WOULDN'T pay taxes to the city of Las Vegas. Vegas tried to absorb the strip that year, and then the state government itself tried absorbing the strip for Vegas in 1975 and also failed.
    Something else to note: When Treasure Island opened, it became the first Las Vegas resort to house a Cirque du Soleil show, called Mystère. Thus, this changed Vegas entertainment forever as more Cirque du Soleil resident shows dominated. O would later join at the Bellagio in 1998 with the feat of being Cirque's first aquatic show, then Zumanity at the New York-New York in 2003 (since retired in 2020 and replaced with the show Mad Apple), Kà at MGM Grand in 2004, The Beatles Love at The Mirage in 2006, Criss Angel Believe at Luxor in 2008 (retired in 2016), Viva Elvis at Aria in 2009 (retired in 2012 and replaced with Zarkana which retired in 2016), and Michael Jackson: One at Mandalay Bay in 2013.

    • @wokeclub1844
      @wokeclub1844 Год назад +23

      wow. this comment needs more likes. i just checked in the maps and chuckled at the Paradise thing

    • @drdewott9154
      @drdewott9154 Год назад +39

      That reminds me, wasn't Monopoly created as a way to warn kids about runaway monopolies, by showing how awful it is to be losing in the game and how thats reflecting of real life if we allow such monopolies

    • @joshuamartinez9067
      @joshuamartinez9067 11 месяцев назад +6

      @@drdewott9154this comment

    • @ianerickson2210
      @ianerickson2210 11 месяцев назад +8

      @@drdewott9154 Nah the real message is just to get the monopoly first. "Be the winner or settle for middle class and eventually broke" - Monopoly (some year probably)

    • @dunkmasterflexx
      @dunkmasterflexx 11 месяцев назад +3

      @@drdewott9154 you might be the first one on the internet to spell 'losing' correctly. Congrats!

  • @richardtemple342
    @richardtemple342 Год назад +1441

    I would love to see a full history from say the 1960's to the present Las Vegas Strip. Showing what was where and when it was built and destroyed would be really impactful.

    • @getthebagnelly
      @getthebagnelly Год назад +11

      There is a video like that

    • @michaelward944
      @michaelward944 Год назад +19

      My first trip there was in 77'. There's been more change there than one can keep up with

    • @Student0Toucher
      @Student0Toucher Год назад +19

      The Italian Mafia built vegas

    • @shalenasutter829
      @shalenasutter829 Год назад +24

      The 40s would be a better starting decade - some of the casinos on the Strip and downtown have that old of roots. El Cortez, 1941. Golden Nugget, 1946. Flamingo in 1946, too, and as the narrator said, its the oldest operating one on LV Blvd. Binion's Horseshoe on Fremont Street, 1951, before it became just Binion's and Horseshoe was bought by Caesers. To better understand the Strip, its best to know why and how it started, which begins with the downtown area.

    • @Vavin124
      @Vavin124 Год назад +2

      The Cynical Historian has a series on Los Vegas history.

  • @xxDxxism
    @xxDxxism Год назад +4177

    One takeaway from this is companies can't make up their minds on a name

    • @activityuday5229
      @activityuday5229 Год назад +60

      Agreed... Lol.

    • @johnshoemakerpbc
      @johnshoemakerpbc Год назад +11

      Here here

    • @Dabidto
      @Dabidto Год назад +11

      @@johnshoemakerpbc it's hear hear.

    • @masterdriveroftoyotazupr4164
      @masterdriveroftoyotazupr4164 Год назад +70

      @@Dabidto Hear, hear” is a shortened version of “hear ye, hear ye,” which goes back to British Parliament in the 1600s, if not earlier. The expression was - and is - used to draw attention to what someone is saying. It implies agreement with the speaker or, in modern times, the writer and you just read all of this? Damn you bored. Go outside my guy

    • @nicktechnubyte1184
      @nicktechnubyte1184 Год назад

      Same goes for start-up companies!

  • @IronicHavoc
    @IronicHavoc Год назад +57

    I literally just realized the Caesar's Legion being a faction in New Vegas was a reference to Caesar Entertainment.

    • @joeroscoe3708
      @joeroscoe3708 29 дней назад

      Well _nothing_ gets by you, does it

  • @mtgbigdog5984
    @mtgbigdog5984 8 месяцев назад +49

    War never changes. The battle for the Mojave strip raged on. Caesar’s Entertainment and The MGM continued to skirmish in the ruins of New Vegas, taking no prisoners. Only a courier, with luck 10, shot in the head by some junkie in Fremont, could bring change…

  • @_PS.
    @_PS. Год назад +2031

    As a vegas native this honestly blew me back at a few points and made my jaw drop.
    The fact the battle is alot deeper is amazing great work!

    • @Hilissa
      @Hilissa Год назад +21

      SAME HERE!! I used to worked for both the companies.

    • @dankelly5150
      @dankelly5150 Год назад +8

      @@Hilissa No worries, there's plenty of my money to be wasted at both companies casinos!!

    • @visiondemedici6347
      @visiondemedici6347 Год назад +6

      I’ve been here since 1953, and had no idea.

    • @benwarped7272
      @benwarped7272 Год назад +5

      the fact so many people live there ignorant of the political happenings is jaw dropping.

    • @visiondemedici6347
      @visiondemedici6347 Год назад +1

      @@benwarped7272 I agree!!

  • @Homer-OJ-Simpson
    @Homer-OJ-Simpson Год назад +1037

    The history of Las Vegas is fascinating. I've been there maybe a dozen times, a few times for pleasure and the rest for work. To think that the old popular part of Vegas was it's downtown by the 1970's or 1980's, the strip became the hot spot while downtown began to die out. The strip even pivoted in the 90's to family friendly only to drop that a few short years later.
    When I first went to Vegas around 2005, downtown (Freemont Street) was dead and old. Looks nothing like today -- it was mostly seniors and locals. By around 2010 when I next went to Freemont, I saw some changes happening with new hotels plus the light show. It still didn't draw huge crowds like today but on my next trip to Freemont around 2015ish, it was a hot spot. Numerous improvements and modifications. It looked nothing like a decade before. Today, Freemont St is a must stop even for one day if you're visiting the strip. The light show is a great fun experience, there are at least 3 stages playing live music and sometimes even famous acts. I saw Shaggy perform for an hour for free with thousands of people watching.
    Step away from downtown or the strip, and you have some areas serving great food. To the west of the strip is a huge area of great Asian food -- Chinese, Japanese and Korean. There are also great Mexican restaurants throughout the city. And from Vegas you can go to the lowest spot in the Americas which is the hottest place in the world -- Death Valley. Hoover Dam is a very popular half day trip for tourists and it's a must do. Or hit the mountains nearby, especially the beatiful Valley of Fire park.

    • @IsaPodrasky
      @IsaPodrasky Год назад +11

      I’m actually planning to go to Las Vegas for the first time this year (if I get the approved time off first. If not this year, definitely next year). But on both trips (and future trips), there will be at least one day spent in the Fremont Street area. Because of all the research that I did, Fremont Street is just like the main Strip; there’s so much to do and see that you can’t do everything in one vacation.

    • @tyler1783
      @tyler1783 Год назад +1

      I’d say the strip is pretty family friendly.

    • @coreygarrett9545
      @coreygarrett9545 Год назад +12

      Local here can confirm, the strip sucks but Fremont is where it’s at big time.

    • @Homer-OJ-Simpson
      @Homer-OJ-Simpson Год назад +3

      @@IsaPodrasky Freemont is much smaller. You could see everything in one day though coming back twice in the evening is nice. During the day, it doesn't compare to the stirp but at night, it's a mini version of the strip.

    • @Homer-OJ-Simpson
      @Homer-OJ-Simpson Год назад +1

      @@coreygarrett9545 Since I've been to Vegas so many times (12 times), I know spend at least one full day sometimes two in Freemont. I'm bored of the strip and it's over prices so unless my company is paying for it while there for business, i'm going to spend some time in downtown.

  • @poprostugrzegorz9684
    @poprostugrzegorz9684 Год назад +4

    I’ve just found this channel and I immediately subscribed. Great job, please do more films like this!

  • @johnjohn888
    @johnjohn888 Год назад +8

    Excellent job on the story telling, presentation, high quality production. Anyone who wants to know about the subject, this video has it all.

  • @JessicaZane4realz
    @JessicaZane4realz Год назад +250

    There is so much space out there, make a Vegas part 2.

    • @felineboy1586
      @felineboy1586 Год назад +19

      That's not why people live in cities to have big open spaces cities exist to allow dense concentrations of population socio-economics are the answer

    • @MrAsianPie
      @MrAsianPie Год назад +15

      Vegas part 2? You mean Macau?

    • @swaree
      @swaree Год назад +5

      please don't

    • @user-jq1mg2mz7o
      @user-jq1mg2mz7o Год назад +25

      a New Vegas, if you will

    • @jlc5639
      @jlc5639 Год назад +4

      @@user-jq1mg2mz7o i dig

  • @myeviltwin666
    @myeviltwin666 Год назад +237

    I never heard anyone pronounce "Bally's" as "Baileys" Baileys is something you might find in a cocktail!

    • @mdpeterman
      @mdpeterman Год назад +53

      This. It’s BALlys. Not Baileys. Drove me crazy.

    • @retroguy1976
      @retroguy1976 Год назад +2

      well vegas has good frozen baileys lol

    • @radekjedrak
      @radekjedrak Год назад +13

      I think the presenter on the video has some sort of speech impediment.

    • @moneyhoopla
      @moneyhoopla Год назад +23

      @@radekjedrak No he's probably just not a native English speaker.

    • @rygregory
      @rygregory Год назад +3

      Yeah. It made me cringe each time.

  • @johnf2539
    @johnf2539 Год назад +8

    I've been a regular Vegas visitor since 1978, so this type of content was very interesting. Great job!

  • @MasterSluggyKornNuts
    @MasterSluggyKornNuts Год назад +19

    I first went to Vegas in 1989 and then 1991. There was some growth then. But when I lived there from 2001 to 2015 to see the growth and change was tremendous on and off "The Strip". Even the Welcome To Las Vegas sign had to change and add parking because tourists were getting killed and or hurt crossing the street to take pictures.

  • @matthoward598
    @matthoward598 Год назад +366

    This is the best video explaining all of the acquisitions and mergers that I've ever seen. I remember this all happening in real time and didn't fully understand what exactly was going on. Thanks for the explanations

  • @pjay6746
    @pjay6746 Год назад +347

    The Mirage acquisition from MGM by Hard Rock International was finalized in 2022; HRI now has a long-term lease with Vici. The property is in renovation and will be renamed Hard Rock Hotel & Casino Las Vegas.
    What wasn't mentioned was that Steve Wynn sold his Wynn Resorts company to MGM back in 2000. That's how MGM acquired the Mirage, Monte Carlo, Treasure Island, Bellagio, and Mandalay Bay.
    Good video overall (though the pronunciation of Bally's and Mirage was odd).

    • @raylopez99
      @raylopez99 Год назад +16

      Also not mentioned is Steve Wynn is near sighted and once accidentally put his arm through a priceless modern art painting due to be sold...sale was rescinded.

    • @bb1111116
      @bb1111116 Год назад +18

      About the odd pronunciations, I assume the narrator is from Asia and not from the US, considering many of the names and words are said with a strong accent.

    • @pocketaces6756
      @pocketaces6756 Год назад +8

      @@raylopez99 He had it repaired and sold it to the same buyer for about 12 million more than the previous agreement, about 7 or 8 years later. No harm, no foul.

    • @AndreYoutube111
      @AndreYoutube111 Год назад +6

      So much completely skipped over. A great video but misleading, these two while large, there’s more money at stake than just these two operators. Of course, it is always changing. Still, good video.

    • @AndreYoutube111
      @AndreYoutube111 Год назад +4

      So much completely skipped over. A great video but misleading, these two while large, there’s more money at stake than just these two operators. Of course, it is always changing. Still, good video.

  • @CarolinaAutos
    @CarolinaAutos Год назад +11

    I just moved to Las Vegas from the east coast (where I grew up, I'm 33 now) and WOW what a crazy place to live. I moved into the Downtown area on Fremont Street and I have to say I'm glad I didn't commit fully to the strip. It's a whole different vibe up this way and I love it. Enjoying learning more about my newly adopted city with videos like this

  • @davidlocke1668
    @davidlocke1668 Год назад +2

    Excellent video, thank you. Big history lover here and this was really nice to see. Thank you so much!

  • @champan250
    @champan250 Год назад +47

    This video only focused on MGM vs Ceasars, there are still other very important players in the strip that drove some decision makings, like Las Vegas Sands, Wynn and the new entrant named Genting

    • @adamseidel9780
      @adamseidel9780 10 месяцев назад +7

      Las Vegas Sands doesn’t own any properties in Vegas any more, they sold last year to… Vici and Apollo.

  • @noodlessurprise
    @noodlessurprise Год назад +43

    I stayed at the Venetian - it took 25 mins to get from my room to outside, it was a myriad of mazes to ensure you won’t leave the place.

    • @hostileaks4495
      @hostileaks4495 Год назад +1

      When I went I stayed at a cheap hotel and when I was standing outside a local resident and street worker told me venetian was their favorite of all hotels I believed em because I imagine they were in them a lot

  • @miggymouse357
    @miggymouse357 10 месяцев назад

    Very well done. I really enjoyed this documentary. Things change so quickly in Vegas it is hard to keep up - kudos!

  • @JackT_Music_on_Vinyl
    @JackT_Music_on_Vinyl Год назад +2

    A lot of work went into this. Thank you, Joey for sharing!

  • @crazycuckoohead9908
    @crazycuckoohead9908 Год назад +174

    I live in Vegas, and it is interesting how interconnected so many of the casinos are, some even have trams connecting one another. Personally, if you want to stay at any specific resort/hotel/casino depending on your budget, caesar's palace and the venetian I believe are going to give you a pretty good bang for your buck. Nice rooms, facilities, casino floor, and shopping area, and hey, marble nude statues in caesars too. If you want to go expensive, Bellagio, Wynn, The Cosmopolitan now and the new Resorts World are fairly luxurious. Especially the two other hotels inside Resorts World and their separate casinos (its weird). Budget, Treasure Island, Mandalay Bay, and Planet Hollywood are fine. Planet Hollywood's miracle mile is kinda fun. I wouldn't want to stay downtown unless maybe you are staying at the Circa. Maybe you may want to visit it if you go to the strip, but it is a bit of a drive from downtown to the strip, but the small restaurants, container park, and the general area can be fun, particularly with friends. No gambling advice, I mean, slot machines are a waste of time, roulette is fun with people at the table, same with blackjack and especially craps. Poker can be stressful for some but can be fun for others. Budget yourself though, because every single thing at the strip is very expensive, even bottled water or a protein bar.

    • @gumshew2007
      @gumshew2007 Год назад +5

      You really have to be extremely wealthy to live in Las Vegas. I go once or twice a year and everything like food etc is 3 or 4 times the price where I live. Just to go out to a dinner on a Friday night will set you back $200 minimum.

    • @TotallyJoel
      @TotallyJoel Год назад +43

      ​@@gumshew2007 You mean to live in the strip lol. Las Vegas homes are pretty affordable compared to the west coast.

    • @uknowmetwin
      @uknowmetwin Год назад

      Who owns circus circus now?

    • @ktcottrell
      @ktcottrell Год назад +5

      Venetian is a little closer to the more luxury hotels and I definitely wouldn't put Mandalay in the budget category. Mandalay, MGM and Caesars are all the standard level hotels. Budget picks would be NYNY, Excalibur, Luxor, TI, PH. Park is somewhere between those two levels.

    • @GSC2000
      @GSC2000 Год назад

      @@ktcottrell Where would you rank The Mirage? Is it worth it or not?

  • @persjofors2586
    @persjofors2586 Год назад +160

    I live in Los Angeles and visit Vegas at least 3-4 times every year. And have done since about 1982 or maybe 1983. I don't gamble and visit for meetings and trade shows. Vegas is like Disney Land for adults. Love it. Very very interesting video, and what great graphics. Whoever did those need an Oscar.

    • @supraa18
      @supraa18 Год назад +8

      Love to see elders sharing their experiences on this platform ❤

    • @gumshew2007
      @gumshew2007 Год назад +3

      It’s the old people like you I could listen to stories about Vegas all day. I’m sure you have a few.

    • @calvinma9493
      @calvinma9493 Год назад

      You go for the prostitution and drugs

    • @GodzillaMane
      @GodzillaMane Год назад +3

      I’m sure you have seen Vegas change a lot. I was born and raised in Vegas. And even in the nearly 30 years I’ve been alive, Las Vegas changed so much. So very much. It’s such a trendy place. Definitely nothing like Vegas, yes we have gambling and legal prostitution in Nevada just north of Vegas, but Vegas is unique.

    • @JoeRogansForehead
      @JoeRogansForehead 4 месяца назад

      @@gumshew2007stop glazing strangers

  • @mattbattaglia4694
    @mattbattaglia4694 Год назад +5

    what an absolutely incredible video. So entrancing and easy to follow, truly top notch stuff

  • @S.E.C-R
    @S.E.C-R Год назад +1

    This was interesting… I’ve spent a lot of time in Vegas and have stayed at several of the hotels on the strip and never knew any of this, but I am not surprised by it at all. Great video!

  • @davidfeltheim2501
    @davidfeltheim2501 Год назад +93

    The history and cultural impact of Vegas is fascinating, It's crazy to learn the actual business behind all these casinos which people never second guess are actually under the same corporations.

    • @ozzyzarate2259
      @ozzyzarate2259 Год назад

      Go for MGM gold membership trust me it's the shit, all casinos charge for parking so if you reach a lvl of sapphire and up you get free parking for all MGM hotels and free nights stay at the Excalibur or Luxur. I got married at the Belagio back in 2018 and man I been living it up with all the free things they been giving me.

  • @SupremeLeaderKimJong-un
    @SupremeLeaderKimJong-un Год назад +259

    There's also Las Vegas Sands who owned the Venetian and Palazzo before selling them to Vici in 2021 to focus on Macau. As successful as Vegas is, it's still nothing compared to its Asian rival Macau who is one of the richest territories/countries in the world. Las Vegas Sands replicated the Strip by using landfill to combine Coloane and Taipa, and built a way bigger Venetian there, as well as The Londoner and The Parisian. Other chains like Wynn and even MGM have opened resorts there. This creation of the Cotai Strip has boosted Macau's economy. Gambling being banned in Mainland China also plays a role.

    • @Raphael_Bizmann
      @Raphael_Bizmann Год назад +42

      How very knowledgeable. Thank you, Dear Leader.

    • @Jack-he8jv
      @Jack-he8jv Год назад +6

      useless places with negative productivity.

    • @cheesy223
      @cheesy223 11 месяцев назад

      @@Raphael_Bizmann lmao!! 👌

    • @neeljavia2965
      @neeljavia2965 10 месяцев назад

      Nice joke.

    • @paulgerrard9227
      @paulgerrard9227 3 месяца назад

      Wynn was stripped of his vegas license. Venetian Macau is massive. I would guess gondalier canals are 10 times size through huge mall. But macau lacks a lot. vegas has more sleeze

  • @nickhood4073
    @nickhood4073 Год назад +2

    Very well made video with great visuals for better understanding. Great work 👍

  • @PlutoIsntReal_
    @PlutoIsntReal_ 8 месяцев назад +22

    Ive been to the Excalibur before and lemme tell you, being in that huge shopping tunnel was so surreal. I remember so SO many side shows and activities it was almost overwhelming, we went in through the Castle casino and got out on the complete other side. Its almost impressive how much time flies while you're in there, I spent like 8 hours in there and it felt like 4.

    • @RageABoo
      @RageABoo 8 месяцев назад +1

      went there 15 years ago with family, it was a blast, most of my time there was either the arcade or the buffet though , while they go gambling or shopping, afterwards its the shows, i like the tournament of kings, the food was okay, just give you a knife, but the the fruit juice was the best( dunno what they used) like the jousting matches( prop shafts lol when i know better at older age) feels like they were duking it out.

    • @jenniferolivera8966
      @jenniferolivera8966 3 месяца назад

      Agreed ! I just stood at the Luxor for Nye and I was alone going through all of it time def flies in there!

  • @edrianaviles996
    @edrianaviles996 Год назад +24

    I laughed when the narrator pronounced (my workplace) Bally's as "Bailey's".😂

    • @favor4afavor823
      @favor4afavor823 Год назад +5

      Lots of mispronunciations in this video, but still good

  • @ryebread921
    @ryebread921 Год назад +224

    Steve Wynn is the GOAT of casino design. That's why MGM casinos are superior to Caesars. And the Wynn is the classiest casino in Vegas.

    • @DaedricFaZe
      @DaedricFaZe Год назад +44

      Most of the newer hotels are the classier ones, honestly wouldn't stay in half the hotels mentioned here, like Paris, Excalibur or the Luxor... yuck.

    • @zedpilled
      @zedpilled Год назад +12

      MGM casinos are mid af, NYNY, Excalibur,Luxor all trash

    • @do9138
      @do9138 Год назад +18

      @@zedpilled What does mid af mean? Do you know words?

    • @ryebread921
      @ryebread921 Год назад +28

      @@zedpilled The Bellagio, Aria, Vdara, Cosmopolitan are all MGM operated casinos. I would even rather stay at Park MGM over Caesars Palace

    • @Omega-qi4kn
      @Omega-qi4kn Год назад

      @@ryebread921 no

  • @JellisJansen
    @JellisJansen 4 месяца назад

    Probably one of my favorite videos on the site. Great editing, great storytelling, great subject.

  • @participantparticipant506
    @participantparticipant506 Год назад +5

    Caesar's has a smaller connector in Reno: Circus Circus, Silver Legacy and El Dorado. All three are quite busy for Burning Man.

  • @sam08g16
    @sam08g16 Год назад +273

    Patrolling the Mojave almost makes you wish for a nuclear winter

    • @grantmccoy6739
      @grantmccoy6739 Год назад +21

      Nevada means snowfall 🤯

    • @I.____.....__...__
      @I.____.....__...__ Год назад +4

      It's really something those wopmafioso criminals made out in the middle of nowhere, huh?

    • @Liam-iv7wk
      @Liam-iv7wk Год назад +21

      When I got this assignment, I figured there would be more gambling.

    • @maxkos7166
      @maxkos7166 Год назад +27

      We won’t go quietly, the legion can count on that.

    • @senorbaguette2269
      @senorbaguette2269 Год назад +15

      When the Legion gets here, I have a bullet I'm saving just for me.

  • @trapizonn3603
    @trapizonn3603 Год назад +24

    Living here it’s so fascinating to me how everybody is so interested in this city

  • @mamabearsantos4897
    @mamabearsantos4897 Год назад +1

    Wow! Great educational video. I’ll be in Vegas in 2wks and will be looking at it with a new set of eyes 👀
    Love to visit often as I have over the years and this really taught me something.

  • @kastsports3528
    @kastsports3528 10 месяцев назад

    Great Video. So well done for the content and the production. Kudos.

  • @XER0GRAVITY
    @XER0GRAVITY Год назад +106

    Saw this on Nebula first. Neo never disappoints

    • @jh0720
      @jh0720 Год назад +2

      Athletic Greens could never

    • @ducknotfound
      @ducknotfound Год назад

      ​@@jakewatson2660imagine waiting

    • @Homer-OJ-Simpson
      @Homer-OJ-Simpson Год назад +2

      I think it was at least 2 weeks ago that it was on Nebula. Maybe a month or so ago.

    • @XER0GRAVITY
      @XER0GRAVITY Год назад +1

      @A Z I’m paying $20 a year for both, but I really only use Nebula

    • @kalebponds5848
      @kalebponds5848 Год назад

      @@XER0GRAVITY what is on Nebula?

  • @Emiljournal
    @Emiljournal Год назад +16

    most of the Las Vegas Strip (the casions you talk about) is located in the unincorporated town of Paradise, which is separate from the City of Las Vegas

  • @DannyBeeVegas
    @DannyBeeVegas 10 месяцев назад +7

    I live in Vegas and the battle of the Strip is real- the battle of Las Vegas is intense when it comes to your entertainment dollar. When you look into who owns who and who leases what, its really eye opening and this is just the Strip. We haven't even started with Strip corridors, Downtown, and local casinos that add names like Red Rock Resorts/Stations Casinos, Boyd Gaming, even Indian/Native American casino operators Mohegan Sun (Virgin Hotel), San Manuel (Palms Resort), and the Seminoles (The Mirage soon to be Hard Rock).

  • @creativside
    @creativside 9 месяцев назад

    This video was so well produced, the music, animation, it was compelling throughout 🔥💯

  • @redyurt5367
    @redyurt5367 Год назад +52

    This story clearly shows how capital works. Small businesses and BS like that have absolutely no any chances to survive because any capital always strives to capitalization or conglomeration (to become bigger), parallelly getting rid of all smaller and weaker competitors.

    • @Trigathus
      @Trigathus 10 месяцев назад +2

      CIA disliked this post

    • @ryang2573
      @ryang2573 9 месяцев назад +3

      It's consumers though who are to blame for this. It is customers who supply demand and customers who are, ultimately, the arbiters of what businesses can or cannot do. How many people are conscientious consumers who do research about the products they're looking to buy, dig in to how ethically sourced its materials or practices are, etc? In most cases, the only thing that matters is _their_ bottom line. This isn't some abstract theoretical either. Decades ago, when Oprah merely suggested to her viewers that they eat less beef, demand for beef plummeted and the American Beef Growers Association ended up suing her over it. Regardless of what you think she did, you cannot deny that she put a real fear into a multi-billion industry.
      No matter how big a company might be, they cannot exist without people choosing to use their good or service. Someone like Jeff Bezos might be one of the most wealthy men on the planet, but there is absolutely nothing he could do if everyone decided tomorrow to stop using Amazon. Same goes for every other megacorp on the planet. One might hem and haw about how inconvenient it might be but that only proves my point that most people, when left to make their own decisions, will prioritize cost and convenience over any other factor; even factors that might hypothetically benefit them in the long term such as keeping money in their local economy.

    • @censored4christ162
      @censored4christ162 8 месяцев назад +1

      Our boy donald J trumps hotel sure seems to be growing in value in a situation like this. Hes gotta be one of the few truely independant. Hope his sons keep the empire going. Trump hotel 2050

    • @Lizwindsor
      @Lizwindsor 4 месяца назад

      @@censored4christ162🤮

  • @uncletrick1
    @uncletrick1 Год назад +10

    I've been a Las Vegas resident since 1986 and have witnessed everything mentioned in this video. The video is very well put together. (Except the pronunciation of Bally's. BAH-lee. Rhymes with Tally. Taken from on old pinball machine called BallyHoo.)

  • @florianplack2973
    @florianplack2973 Год назад +1

    Such a stunningly made video! This is so pretty! Amazing job.

  • @SWLinPHX
    @SWLinPHX 9 месяцев назад +10

    I hate how they took out the interior themes even from the highly-themed buildings: Luxor had the Nile river, cocktail waitresses in Egyptian wigs, shirtless valets dressed as pharaohs with eye makeup and headdress, hieroglyphics on the interior walls, Nefertiti's Lounge, etc. Excalibur had medieval candelabras and room decor and themed shops too. They all become more generic. And the buffets have not be a great deal since the 1990s. Do they even still have buffets after Covid?

    • @4fthell
      @4fthell 3 месяца назад

      I loved themed hotels/shops and that makes me so sad

    • @paulgerrard9227
      @paulgerrard9227 3 месяца назад

      Only a few are left. Circus only lunch. MGM only brunch. Wynn super expensive. Luxor i think brunch but its like a sewer. Buffet days are gone and sooooo expensive. And quality is poor. Crab legs are as big as seafood gets now. Yuk. No queues like 15 yrs ago. Back then you could buffet three meals a day for reasonable price.

  • @I_Love_Learning
    @I_Love_Learning Год назад +46

    You always have the best quality! Can't wait to watch.

  • @gfullcrayon562
    @gfullcrayon562 11 месяцев назад +47

    Four years have passed since MGM Resorts held the Dam - just barely - against Caesars Entertainment onslaught.
    The Legion did not retreat.
    Across the river, it gathers strength. Campfires burned, training drums beat.
    Through it all, the Vegas Strip has stayed open for business under the control of its mysterious overseer, Mr. House.
    And his army of rehabilitated Tribals and police robots.
    You are a courier, hired by the Mojave Express, to deliver a package to the Vegas Strip.
    What seemed like a simple delivery job has taken a turn ...for the worse.

  • @OzDaMonke
    @OzDaMonke 8 месяцев назад +1

    Ayoo! My most recent trips suddenly make more sense now. What a doc! Thank you for researching this and making such an amazing vid!

  • @Crazy_Nancy
    @Crazy_Nancy Год назад +24

    How the hell did you get all this amazing model flyover footage? Incredible.

    • @NickSchale
      @NickSchale Год назад

      SAME question! I do video production and this is BEAUTIFUL. GeoLayers? Google Studio?

    • @riverlife2379
      @riverlife2379 Год назад

      DRONES DRONES DRONES
      jb

    • @riverlife2379
      @riverlife2379 Год назад

      @@NickSchale
      DRONES DRONES DRONES
      jb

    • @NickSchale
      @NickSchale Год назад +1

      @@riverlife2379 lol. I just noticed in the description they are using GeoLayers. Great work with it.

    • @riverlife2379
      @riverlife2379 Год назад

      @@NickSchale
      That's right DRONES. GO PRO
      GEO LAYERS AND OTHER BRANDS...
      remember always everything in the aerial 🚡 either flyovers planes heli
      Or Drones depends on ur brand...
      TECHNOLOGY FOR U...
      jb

  • @mpaulm
    @mpaulm Год назад +67

    My favorite thing about Vegas is being able to walk in hotels you don’t stay at.

  • @vvalasek
    @vvalasek 4 дня назад

    This is a great analysis - the 3d maps are stunning not sure how you created them and thanks for clearing this up !!

  • @likemostthings
    @likemostthings 11 месяцев назад +1

    great video! Love the Animations of a city I thought I knew well, but never seen like that before.

  • @rizrocadillac6077
    @rizrocadillac6077 Год назад +3

    This is the first video I’ve watched on your channel. Love it

  • @vipersxbl4832
    @vipersxbl4832 Год назад +11

    Great visual representation for the Las Vegas Strip, especially with the high quality 3D of the hotels

  • @normiesammie
    @normiesammie Год назад

    _WoW_ .... Great video .. Very informative .... I never knew this.... Thank you.... _Keep up the great worK_

  • @stelazhou
    @stelazhou 7 месяцев назад

    Omg I love this video!! I’ve been researching about vici properties and this gave me even a bigger picture about Las Vegas strips and the competitiveness

  • @lioneatsthesheep8996
    @lioneatsthesheep8996 Год назад +9

    such a well made video, I wish I knew how to make videos like this

  • @TheUnlegend
    @TheUnlegend Год назад +114

    It’s also really interesting to know if you look at all the events and shows that go into these hotels, all the A/V is done by one company, Encore Event Technologies. Those hotels and the money they make are actually mostly responsible for Encore still being alive today as many of their other properties around the world are failing. It’s a very interesting topic and I absolutely think it’s worth research

    • @gavin2391
      @gavin2391 Год назад +6

      Encore lives on grift

    • @Bustah
      @Bustah Год назад +5

      Worked there, can confirm grift

    • @TheUnlegend
      @TheUnlegend Год назад +3

      @@Bustah oh no it’s terrible working there but I just think it’s interesting the chokehold they have on Vegas AV

    • @Bustah
      @Bustah Год назад +5

      @@TheUnlegend there’s an IT branch that works most of the casinos as well. The AV folks always seemed decent, can’t speak for them much (I know that’s the majority of revenue though)

    • @ktcottrell
      @ktcottrell Год назад

      @@Bustah curious as to what you mean by grift

  • @mr.someone6128
    @mr.someone6128 Год назад

    This is an amazing documentary. You deserve millions of subscribers.

  • @Skyguy_steve
    @Skyguy_steve 4 месяца назад

    This video is amazing, and please update it every year as we all know they're going be more changes as the years a pass.

  • @ajbeaver25
    @ajbeaver25 Год назад +3

    I've been waiting for this video my whole life

  • @estebanpertuz2590
    @estebanpertuz2590 Год назад +4

    Great video Bro! Thanks for such a high quality doc.

  • @RANDsreviews
    @RANDsreviews 7 месяцев назад

    Lots of great content here. Thank you for doing the research! I know it’s a lot of work.

  • @Dos895
    @Dos895 8 месяцев назад

    I like learning about the background and backstory of things and I learned a lot here. Well put together too.

  • @flo8720
    @flo8720 Год назад +6

    Seeing The Battle for Las Vegas and Caesar in the same context had me like "Fallout New Vegas, in the real..."

  • @Beavis-ej3ny
    @Beavis-ej3ny 10 месяцев назад +11

    The most confusing thing is that Circus Circus in Las Vegas is an independent casino, but Circus Circus in Reno, is owned by Caesar’s Entertainment.

  • @polishprince7219
    @polishprince7219 Год назад

    great video and the music goes well with the tone of each story!

  • @Badia147
    @Badia147 4 месяца назад

    I would love to get a playlist, the soundtrack sounds amazing!

  • @coolman949
    @coolman949 Год назад +49

    It's mind blowing to see what Vegas has become. First time I visited in 1990, all they had was Excalibur, Tropicana, Flamingo, Mirage, Caesar's, Circus Circus, and a few others. Even people with money stayed at the lower end hotels. Now it seems to be all about prestige and bragging about where you stayed, vs having a good time.

    • @josiahpetz5770
      @josiahpetz5770 Год назад +4

      I went there for the first time a month ago and people I tell about my trip always ask where I stayed, I stayed at my cousin's place who lives there so I get to tell them how I didn't spend anything on a room. I don't get to brag about me staying at the Bellagio, Luxor, etc but I do get to brag it cost me nothing where I stayed

    • @beamed7770
      @beamed7770 Год назад +9

      @@josiahpetz5770 i don't think anyone would brag about staying at the luxor LOL

    • @forzaacmilan36
      @forzaacmilan36 9 месяцев назад +3

      @@beamed7770 What you got against ancient egypt?

    • @saikik.6534
      @saikik.6534 5 месяцев назад

      @@beamed7770I’ve never been to Vegas but what’s wrong with the Luxor I would assume its really nice no?

    • @beamed7770
      @beamed7770 5 месяцев назад

      @@saikik.6534 nothings “wrong” with luxor, but it’s like an average hotel, not something to brag about. think it’s around $50 a night

  • @riskbusin3ss
    @riskbusin3ss Год назад +22

    For someone that visit Vegas multiple times a year and now lives here is sure feels like a magical place.

    • @kiwikiwi2483
      @kiwikiwi2483 Год назад

      How's it like living there?

    • @riskbusin3ss
      @riskbusin3ss Год назад +3

      @@kiwikiwi2483 If you can get over the hot summer then is a fantastic place. There is much more then the strip in Vegas for the locals to enjoy.

    • @michaelellringer5600
      @michaelellringer5600 Год назад +5

      @@kiwikiwi2483 I lived there for 22 years and I couldn't stomach the conservatism of Sinless City any longer. Too much Mormon influence in local and state politics.

    • @kiwikiwi2483
      @kiwikiwi2483 Год назад +2

      @@riskbusin3ss Vegas is such a fascinating place to me. Anytime I'm there it just feels so fantastical and I often forget that people genuinely live in the surrounding area. Couldn't imagine seeing that skyline light up every night

    • @Presssent
      @Presssent Год назад

      I go very often and want to move there! All the food on/off strip, china town, local perks with casinos like parking and discounts! The pools are opening up soon and although the waters are disgusting I love to lounge and ppl watch!

  • @aaaaaa-hd7zp
    @aaaaaa-hd7zp 11 месяцев назад +2

    This is an excellent video. It would be interesting to see how the mob has been involved in the development. I know there's many videos out there but the way you break it down is the best.

  • @justindt94
    @justindt94 10 месяцев назад

    The visuals were fantastic! Such an interesting topic

  • @_Morph1ne_
    @_Morph1ne_ 10 месяцев назад +21

    Vegas is such a cyberpunk dystopia. I’ll never go there but I love learning about it. Almost every aspect feels so surreal.

    • @JH-ot5mn
      @JH-ot5mn 9 месяцев назад +1

      No, it isn't. Its a huge, plastic, fake mall. I mean they literally have people taking gondola rides, in a fake waterway, by fake boatmen, thru a literal mall.

    • @Simple_But_Expensive
      @Simple_But_Expensive 8 месяцев назад

      If you want to see the real Vegas, watch the alleys behind the casinos for a couple of hours. Visitors see all the flashing lights and workers in company uniforms and costumes. They aren’t allowed to see the real life in Vegas, because it is ugly.

    • @luishuerta8893
      @luishuerta8893 7 месяцев назад

      @@Simple_But_Expensivewhat goes on?

  • @4567praveen
    @4567praveen Год назад +8

    This is one of the best use of google 3D view I’ve seen in a video

  • @Justeen15
    @Justeen15 Год назад

    Very informative and well animated. liked!

  • @carasmussen27
    @carasmussen27 11 месяцев назад +1

    MGM Grand was already there but was damaged by a fire. It moved down The strip from it's original location. I love the clips of Old Las Vegas!!

  • @charliewestfort6245
    @charliewestfort6245 Год назад +5

    The same time I was watching this I was thinking about food in Canada because we think brands are different and think we do something but we’re still helping one main player grow. Thanks for the video. Life is a game of monopoly everywhere

  • @MGSXNProductions
    @MGSXNProductions Год назад +3

    (Early in view.)
    I remember as a kid, long before MGM bought the south end (and they had an amusement park that's now a parking garage), Excalibur, Luxor, and Mandalay Bay (as per the example) were connected, but each one had a distinct feel, making it obvious when you shifted from one to the other. And as for interior walkways, the summer heat is cancer there.
    Also, who remembers that arcade at Excalibur and the dragon shows?

  • @mazenoss
    @mazenoss Год назад

    I’ve been there three times and everytime is like im there for the first time ! It is very nice !

  • @tymccarthy5465
    @tymccarthy5465 Год назад +2

    The tilt shift effect on here is really top notch!

  • @huntayony
    @huntayony Год назад +4

    Love this content and product team ❤
    Great presentation 👍🏻👍🏻👍🏻

  • @Orozco_PNW
    @Orozco_PNW Год назад +5

    I used to go annually to Vegas for a work conference. The Caesar's Palace Mall is cavernous and always seemed completely empty. Dead-Mall level empty almost, except the area where H&M and some other shops were.

    • @vincenthamilton09
      @vincenthamilton09 9 месяцев назад

      Seriously? It was always bustling back in the day. That toy store was incredible

  • @MrJoeybabe25
    @MrJoeybabe25 9 месяцев назад

    You have an excellent channel! Bravo! Subscribed!

  • @SubwayTutorials
    @SubwayTutorials 10 месяцев назад +1

    My favourite place in the world. Been twice and both were the best times. Absolutely incredible. Downtown vegas strip, lightshows and constant music.

  • @felixsoheili1154
    @felixsoheili1154 Год назад +8

    Yes while these mega resorts are battling people forget to notice Station and Boyd own huge chunks of land and casino operations in Las Vegas with Boyd owning 8 properties along with having a larger national presence than MGM Resorts.

  • @limecm
    @limecm Год назад +6

    Went to Vegas a little while back, I hate the entertainment there but I admit the architecture is insane

  • @Dylan_Dynamite
    @Dylan_Dynamite Год назад

    Very informative video! Great video!

  • @the_officials38
    @the_officials38 8 месяцев назад +1

    I love the artstyle the overhead view looks superb!!

  • @rawiro
    @rawiro Год назад +9

    What an amazing job you've done. Very interesting topic with financial content. Thank you!

  • @Army-xn9tj
    @Army-xn9tj Год назад +53

    Technically speaking the strip is not in Las Vegas. It's actually in Paradise, Nevada

  • @xxxoo2131
    @xxxoo2131 9 месяцев назад

    good insights of behind the scenes business battles in Las Vegas

  • @deltachoi
    @deltachoi 9 месяцев назад

    Great video! I didn't even know all these details until i watched this. The deals made was really mind boggling. Its good business nonetheless

  • @dandiey
    @dandiey Год назад +3

    Watching your videos feels like playing Hitman. It’s so good!