Re: Binnions SOLD
The Monorail simply has zero chance to ever be anything but a waste of money.
Re: Venetian and Harrah's, there are major traffic issues in that back corridor which I believe necessitated the odd traffic flow.
The Venetian got blackballed out of having a monorail stop. That was just shortsightedness by those involved as conventioneers have been the major patrons.
Regarding "where will the mid-level players play since everyone is targeting the high end" question, that's simple. First and foremost the casinos will fill the hotels at any cost. So as all the new capacity comes on in the next few years, if there really is not enough high-end demand to fill all the rooms, then it just means that rates will drop and the middle-market gamer will end up with a room far far far nicer than he'd ever dream of getting otherwise.
All these new high-end projects will likely benefit the middle-income gamer more than anyone else. And if not, it's because there will be amazing depth to the high end, resort type market.
The biggest issue Vegas will have is capacity constraints at McCarron and rising (here to stay IMO) fuel costs which will cause 1. issues getting enough people into the city and 2. will cause higher airline rates which reduces disposable income/gaming budget/hotel ADR/frequency of visitation.
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