Thursday, June 15, 2006

Gambling In Las Vegas

Taking a gamble on Las Vegas could be a very expensive venture. This according to local real estate experts who say across the U.S. corporations are trying to get a leg in the Las Vegas market. But anyone who is watching the market knows that it is getting harder and harder to purchase any Vegas real estate for a reasonable price here lately.

Those who have been in Las Vegas for a long while are even expressing their disdain for where the Las Vegas market looks to be heading. A spokesman for Donald Trump, who already has quite an investment in Las Vegas, was quoted saying that Mr. Trump was very interested in Las Vegas until the prices started getting so high.

He also said that they can't see having an opportunity in Las Vegas in the short term.
Optimists are saying that the Las Vegas market is fine and that all that has happened is that it has hit the proverbial bump in the road.

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