PCP - Great Consolidation Remastered

About this episode

The episode explores the history of corporate consolidation in Las Vegas, focusing on the major players and their impact on the city's development.

Since the creation of modern day Las Vegas, there have always been people lamenting the good ole days, whatever that means to that individual at the time. Determining what is considered “good” is about as subjective as subjective can be. Most people today will point to the time before the strip was primarily owned by 2 companies, MGM Resorts and Caesars Entertainment. While the benefits of consolidation are obvious, potentially the best thing about it is the story of how it all happened. To do that, we are going to have to trace back to how these assets exchanged hands before finally ending up in the corporate portfolio that are currently a part of. To keep the story clean and the timeline defined, we are only going to focus on the majority owners and only their moves in Las Vegas. We’re calling this, the Great Consolidation of Las Vegas

Topics covered

• Las Vegas history
• corporate consolidation
• MGM Resorts
• Caesars Entertainment
• real estate transactions
• strip ownership

Keywords

• Las Vegas
• MGM Resorts
• Caesars Entertainment
• consolidation
• history
• real estate
• strip

Mentioned in this episode

Organizations: MGM Resorts, Caesars Entertainment

Places: Las Vegas

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