VEGAS INC Magazine - Latest Las Vegas business news, features and commentaries about gaming, tourism, real estate and more
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the basics Pick 'Em Get smart Power tweets Power Lunch The Numbers Sin City Media Overheard talking points Done Deal the numbers Chatter Smith's world We hear .com Buy high Sell low 400 VEGASINCmag Executive class YOUR AD HERE Read this! The Pitch is back American dream Mike Smith is an award-winning editorial cartoonist featured daily in the Las Vegas Sun. Smith's work also is distributed nationally by King Features Syndicate. See archives of his work at lasvegassun.com/smithsworld. Moonlighting NOW SERVING LAS VEGAS Vegas then ? ? ? ? ? ! The innovator VEGASinc2021 95 Gate keeper The number of seats in the Green Valley Ranch Resort's $ new bingo room, which opened May 13. FortuneCookie 3 Grilled The Survivor The number of days it took Ultimate Poker, the first legal online poker site in the United States, to deal 100,000 hands after opening. The site has eclipsed 1 million hands dealt. $5,000 The buy-in for Ultimate Poker's $25/$50 no-limit hold'em game. It is the largest game offered by the website. 7.2 The number of pounds in Windy City Beefs-N-Pizza's "Sears Tower Challenge." The sandwich is composed of 2 pounds of Italian bread stuffed with 5 pounds of sliced Italian beef and Italian sausage, and a bag of fries. Eaters have 30 minutes to finish the entire sandwich. 9 The amount of people who have attempted the "Sears Tower Challenge." All have failed. 22 The number of pounds competitive eater Ryan Rodacker gained during his recent visit to Las Vegas. Rodacker, known as "Max Carnage," attempted the "Sears Tower Challenge," falling short by 2.2 pounds. It was the final leg of his eating journey that also included the 16-scoop sundae at Sugar Factory, a quadruple bypass burger with chili at the Heart Attack Grill and an attempt at the "Get Beefed" challenge (a 10-pound sandwich) at Sonio's Café. Rodacker expects it to take about two weeks to lose all of the weight he gained. Reader comments We want to hear from you. Visit vegasinc.com to post your opinion. On Ray Brewer's May 13 and May 14 lasvegassun. com stories about a new ownership group purchasing the Las Vegas 51s and their plans to move the team to a new stadium in Summerlin ("Group buys Las Vegas 51s with plans to move team to Summerlin" and "New Las Vegas 51s owners plan to build 'finest Triple-A facility in the country' "): I wish this group would consider building their stadium downtown where it would be convenient for the entire valley. I'm glad the team is back under local ownership, but building a stadium in Summerlin reeks of elitism. — Ken Kraft (kennekra) Here we go again. Fat cats looking for taxpayer handouts. No way should tax dollars be involved in private enterprise. I don't want to pay for you going to the opera, and I don't want you to pay for me going to the ballpark. — Jerry Fink (lvfacts101) $20 million VEGAS INC FILE The sale price of the Las Vegas 51s. The team was purchased by Summerlin Las Vegas Baseball Club LLC, which is a joint venture of the Howard Huges Corp. and Play Ball Owners Group including investors Steve Mack, Bart Wear and Chris Kaempfer, who bought the team with plans of moving it to a new stadium in Summerlin. The deal was finalized on May 13. Having opened in 1983, Cashman Field is the 27th-oldest facility in Triple-A baseball. 24 20130527_VI24_F.indd 24 While they are at it, rename this silly team. Call them the Summerlin (fill in the blank). If Red Rock Station benefits, where is their investment in this stadium? While this move may very well alienate any baseball audience in Henderson, just head to Phoenix to see all of the baseball facilities that they have built down there for Spring Training that are superior to Cashman Field. — Kirkland Read the book, "Bad Sports: How Owners Are Ruining the Games We Love," then tell me who really wins with a new ballpark. If you have enough money to buy the team, then you have enough money for a stadium. Look at the Florida Marlins for the latest example. — Martin Bee (flyermart74) I live in a town that has built five stadiums/arenas in the past 40 years, all with taxpayer assistance. One stadium is now vacant and just sold for pennies on the dollar, leaving the taxpayers stuck for millions. The others are just putting money into the owners' pockets. Do we get reduced ticket prices? No. Cheaper parking? No. Does the beer cost less? No. Take a hint and let the millionaires pay for it. It's their business, their profits, not yours. — Ernest Binder (ernieb1202) On Eli Segall's May 15 vegasinc.com story on Lake Las Vegas' slow, but steady, economic recovery ("Lake Las Vegas, long viewed as a bust, is rebounding"): Lake Las Vegas is a beautiful destination in a horrific location. It's really that simple. The development failed all three rules of real estate: Location, Location, Location. It's too far out to enjoy the amenities of Las Vegas proper, and you have to drive through a very dumpy area (relatively speaking) to get there. If you don't think that has the makings for a terrible real estate investment, well, I've got some oceanfront property in Kansas I'd like to sell you cheap. — Chris Underwood | 2 7 M AY 2 0 1 3 | 5/23/13 2:34:20 PM