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Mar 25, 2026
Vegas Openings, New Deals, And Industry Updates
Vegas Openings, New Deals, And Industry Updates
00:00
26:26
Transcript
0:00
Oh, yeah... and I can only imagine her performances. She would fly around the stadium. Flying around. She did it at Allegiant. Yeah. She did it at T-Mobile when you saw her. She did it at T-Mobile.
0:07
And the Sphere is, like, even bigger. Prefix. Oh, is that- Does that include it, or do you have to pay for that? No, that's, that's included. A prix fixe menu is a menu that- Just one?... is already set for you.
0:15
I know, but one? There's a- there's five restaurants. So Uber's gonna lose a lot of drivers. A lot of people are gonna lose jobs if they have self-driving cars. That's, that's too bad. I don't like that.
0:24
I was wrong about this. Uh-oh. I said that I thought that they- they wouldn't get the- All right, guys. So this week's lead story. [laughs] Rumor mill. It's not official. Right, right.
0:42
We'll, we'll see what happens, but I'm hoping for it. Yes. Pink might be coming to the Sphere. There you go, Pink. We had, uh, Metallica. Yeah.
0:49
The last couple weeks we've been talking about that, and they kept on adding dates. This is rumored for 2027. Supposedly she's, quote-unquote, "all but signed." How cute this is.
0:57
Even here on, on the, on the computer you put a exclamation for the I. Yeah, 'cause that's how she does it. Yeah. Yeah. I, I didn't know that. I, but I, that's great. Yeah. It looks very Pink. Yeah.
1:09
Yeah, so it'll be the first solo female artist- Oh, okay... there. So- When we saw her she had a female solo artist open for her. Who would that have been? I don't know what her name was. I don't remember her name.
1:19
She was good. She had one really big song. I think that it w- uh... Yeah, was Sheryl Crow, like- No, it wasn't Sheryl Crow. When we saw her at Allegiant I think that's who opened for her. Yeah, it wasn't.
1:27
If I remember correctly. Yeah, it definitely wasn't Sheryl Crow. She opened for somebody that I know for sure- I know who that is... we saw. At any rate, I'm super excited about this.
1:33
Uh, I might catch some flak for this. Yeah. It's okay. Yeah. I'm used to it. I catch lots of flak about a lot of things. I'm even more excited about this than Metallica. I- Stop it... at their, at...
1:41
Well, after Metallica was announced, 'cause they're like, "Oh, we're gonna not repeat anything over a weekend." Oh, yeah. And all of a sudden- Yeah... man, they must have way more songs than I thought that they did.
1:48
Right. So I went and got on Spotify- Right... and typed in Metallica and listened to the thing, and I'm like, "I know four or five of these songs." Yeah.
1:54
So now I'm wondering, like, what am I gonna do there for two and a half, three hours? Right. List- Right... waiting for one or two songs that I know. I mean, I'll go because they're great musicians, you know?
2:02
Well, maybe we'll just have to listen to some more of that in the backyard so that you can- Maybe... like more songs. But that would require not listening to Dead & Company, which is- Which is tough for you. True...
2:08
sacrilegious. True. Very true... yeah, we don't really do that very often. So at any rate, uh- So she's supposed to be at the Sphere. That's, that's the rumor. And we'll find out here- 2027... pretty soon, I think.
2:17
Which is... It seems like an eternity away, but then it goes faster- Yeah... and faster every year at the same time, so. True. Uh, she has a lot of great songs. Oh, yeah. And I can only imagine her performances.
2:27
She would f- you know, we, we saw her at Washington, DC, at Nationals Park, and she was flying around the stadium. Flying around. She did it at Allegiant. Yeah. She did it at T-Mobile when you saw her.
2:35
She did it at T-Mobile. And the Sphere is, like, even bigger. Yeah. Like, you don't realize, even when you're there, how freaking big this thing is. From the outside it looks way smaller- It does... than the inside.
2:43
And even when you're inside, to me, like, maybe it's just, like, optical illusion, it doesn't feel that big. Right. 'Cause the way the- 18,000 seats...
2:49
the screen and the way that the seats are, 'cause you don't see, like, the seats behind. Yeah. You know, it just looks like there's a screen. So you don't understand, like, how much space there is there.
2:57
Right, right, right. And the first time I realized how much space there was was when we went to one of the first Raves, and they had lasers. Okay.
3:03
And you see the lasers and you're like, "Holy crap, that is a- And you look back. Yeah... you're like, "That is a lot of dead space. This is, like, a really big- Right... uh, environment in here." Right. Pretty amazing.
3:11
At any rate, stay tuned for that. We might've been the first ones to break it, besides the people that broke it that told us. Yeah. And the people that told them. Right. Yeah. So, you know.
3:19
Yeah, we're the first people- Yeah... to break it. [laughs] Okay. All right. So, uh, next, next one here. Again, this kinda goes with this whole underlying story- Pretty-... trend that we've been talking about.
3:31
Are pe- are they catering to the, to the rich? Are they catering to the everyday people? Right. What are we gonna do about declining, uh, visitors? Right. Well, Conrad, which is one of the hotels at Resorts World.
3:42
At Resorts World, right. I- it's kind of a weird situation. Resorts World has, like, three different lobbies. Yeah. Yeah. There's three different hotels.
3:47
They're all Hilton properties, but it's like good, better, best Hilton. Right. Uh, I think Conrad's, like, in the middle, if I remember correctly, to, to what's there.
3:55
And, uh, they're doing, uh, starting May 26, so it's still a little ways out, but you can start booking it now. Right. May 26 through Eight- uh, s- sorry September. September... September 8th,
4:05
$150 a person per night, so 300 bucks a room for a couple. Yeah. Gotta have two- Per night... two person occupants. Still not exactly cheap. Not cheap. But for Resorts World, hear me out for a second. Right.
4:16
This actually isn't so bad. Right. It is pretty cheap. You get complimentary valet parking. Oh, well, there you go. That's worth about $127 a day. [laughs] They charge- 'Cause they charge insane- They charge so much...
4:24
amounts for parking, for parking now. Right. I think the actual amount's probably- 30 bucks or something... 40 or 45. Yeah. Around something. No, it's more than 30 mostly. More than 30 there?
4:31
I mean, it's, it's 40 or 45 at, at MGM properties. Is it really? Yeah. Oh. But we have a platinum card, so. Yeah, goodness. You know, I, I feel so good every time I get that free 45 hours of parking- Right...
4:39
and then I go in there and lose 500 bucks. That's true. You know? That's true. I think that I got a good deal. Yeah. That's what they do with these cards. Yeah, yeah.
4:45
Uh, Club 66 Lounge, you get daily continental breakfast, which, pretty solid. Okay. And social hour in the evening with cocktails. So- So you go up there. So a, a croissant? Yeah. Crossiant.
4:57
You might get some scrambled eggs that are made with- Oh, hey... with powder. Continental breakfast. Yeah, yeah. Okay. Uh, maybe some coffee, which you- Yeah... might start drinking now. Which I don't need.
5:04
Well, you may... They have tea. What is this- They have Coke. What is this prix fixe? Oh, a pre- Does that include it, or do you have to pay for that? No, that's, that's included.
5:12
A prix fixe menu is a menu that- Just one?... is already set for you. I know, but one? There's a- [laughs] There's five restaurants here. You get to pick from the, uh, I believe, like- Oh, you pick? Okay...
5:19
uh, I think it's once per day. You don't... Oh, you don't get to go to- It's a part of the stay... each one of them? No, no. Okay. But they're, they're, they're good restaurants. It's not the, it's not the food hall.
5:26
This is, like, their, their solid- Right... top-of-the-line restaurants. Prix fixe menu's usually, you know, something in, like, in the $90- Gotcha... value. Like a Kobe. You get, like, an appetizer,
5:38
a, a main course, and a dessert type of thing. Yeah, yeah, yeah. Maybe a, you know, some other shared thing. I got that part, but I, I, I didn't know these... the five different places. I only know the first one.
5:47
We, we've eaten at that one. I don't know the other ones. Okay. They, they have... We don't really go there often, quite frankly. No, no. I mean, I, I love the property.
5:53
Uh, they- We haven't played there, but- They, they don't let us film there anymore... they won't let us film anymore. It's- Not just us. They don't let anybody. Right, yeah. We didn't do anything.
6:00
Right.Um, but the main reason is what we've decided is that we're gonna put most of our time in MGM because they have properties around the country. Right. Around the world. Right. And so we wanna be...
6:12
have an opportunity. We're going to National Harbor- Right... in a few days. They have the place in Mississippi, Boston. Uh, I've been told... I was talking to our host last night.
6:19
She's like, "Based on what you do in, in Washington on this trip, you're probably gonna get offers now for all the other regionals-" Okay... "like almost immediately." It's similar when you come to Vegas.
6:27
Right, right, right, right. Where we... where a local is going somewhere else. So she's like, "You're..." 'Cause I kind of explained to her what our plan was. Right. And she's like, "Oh, man.
6:32
Wait till you see what you get-" After... "for Mississippi and a- all the other ones." And so Resorts World's not gonna give us that opportunity. They have- Resorts World is-...
6:39
12 different properties, but- Resorts World is not that old t- that they needed- No... to renovate their pool. I mean, it's, you know- It's not that old... th- someone probably- Threw up in the pool? [laughs] Well, yeah.
6:50
Baby, baby, baby Ruth. Baby Ruth? Oh, Baby Ruth. Yeah, Baby Ruth. Yeah. Complimentary entry into Zouk nightclub. Into Zouk, which is irrelevant for us 'cause we don't- Yeah, we don't go to nightclubs ver-...
6:58
we don't go to do that... very often... but... And I don't even know what that's, what that costs anymore, but I think probably 25 to 50 bucks to go in there. Yeah.
7:04
Uh, so at any rate, I mean, and it's funny that the- Some more details, you can find those online too. It's, uh, it seems like a decent deal. C- it, it seems like something that they copied from Circa.
7:14
If you're gonna stay there anyway. Yeah. I mean, at least you're getting something more than just pay $300- But we, we have friends, uh-... have a room... Subzero likes to stay there. He does. Uh, and, and Joe. He does.
7:22
It's, it's a great... I've stayed there. I, I had a, a free room there one night, staying there to talk at a conference, and- I have not stayed there... I, I enjoy the place.
7:29
I mean, like, I, I just wish they were less brick forward. I wish there was- Yeah... but then we just... we only have so much time- True, true... to go from property to property.
7:36
So if you're just coming in as a visitor, you wanna take advantage of a premier hotel at a reduced rate, seems like a good deal. Right. All right. This is a cool one right here. We talked about this last time. We have.
7:44
They picked a date. Cadence Crossing is opening officially- Yeah... Wednesday, March 25th. And we may or may not, depending on- Depends...
7:52
if we can get it into the video and if we end up being able to get out there, 'cause there's some scheduling conflicts still. Right. But we might go out there and, uh- For the opening... and show the grand opening.
8:00
And if we did that, we probably would put that footage in right around now. This is the old Jokers Wild. Uh, you know. If you've ever been out on Boulder Highway, 920 North Boulder Highway, Henderson.
8:13
Was a little standalone casino. Used to have a lot of fun there actually. Yeah. Um- I'm excited about it. I think it's good. It needs to- You're good. No, you're fine, brother.
8:20
[laughs] People are, are actually respectful and calm. We're, we're, we're in a, uh- Yeah... casino. As you can tell. Yeah. Um- People, people are gonna walk by. So Wednesday, March 25th, grand opening.
8:29
Go, go check that out. Go check 'em out. If we can get the footage in here, we will. If not, we'll probably put it in next week. All right. And, uh, new stuff coming in town. Th- you just told me about this yesterday.
8:37
Yeah. This is an interesting one. But you didn't put in here what you told me. They bought Rivians. That was a different... That's a d- uh, well, that's a different situation. Okay. Yeah. Okay. So Uber- Yeah... and Zouk.
8:47
Uber and Zouk. So Zouk is a already established, budding, [laughs] established, 'cause it's, it's- Right... it's not fully, like, w- uh, implemented citywide yet. Right.
8:57
They have restrictions on where they- Self-driving... where they can pick you up and where they can take you. Yes, okay. But fully autonomous. Right. There is no driver in this vehicle.
9:04
The, the front seats face backwards. Yes. This is like- Yes... the Terminator- It's like a little- Or no, not Terminator. There was a Total Recall- It's like, yeah-... cab... it's like a little mini van cab.
9:13
Where the, you know... Yeah. Yeah. Yeah. So, like, there, there, there is no driver. It's completely autonomous. Well, they're, they've partnered with, with Uber.
9:20
So- So starting later this year, uh, in the summer, they just kinda have a vague- Right... uh, thing. Sometime in the future you said they bought a bunch of Rivians, and they're gonna use those.
9:28
That was what I heard, that they, uh... And that's nationwide. Okay. Gotcha. But what I... the headline that I read was that they had bought $1.25 billion, or putting an order in for $1.25 billion- Wow...
9:37
of Rivians' self-driving, fully autonomous- Right... vehicles. Why they went with them instead of Tesla- Yeah, that's weird... uh, well, I have a, I have a theory. You do?
9:46
My theory is that i- it's gonna be Uber and Tesla kinda fighting out for dominance in this market. Right. Because while Tesla doesn't have it yet, and this is all just speculation here- Right...
9:55
that isn't necessarily about Vegas, but, you know, Tesla's got their Cybercab coming out- Right...
9:59
which I think is gonna link up directly with their app, and you'll be able to call Cybercab through, through Tesla, and then there'll be Uber, which will be, like, the, the Uber taxi, Uber- Right... Rivian partnership.
10:10
And these guys are gonna be fighting for- Fighting, yeah... which is probably good because then it stops there from being, like, an FTC- Monopoly-type... monopoly issue anyway. Right, right. So, um, so Uber's- Uber...
10:20
siding with Zouk, and Tesla doesn't have anything rolled out yet for nationwide. They're, they're testing it out in California. So Uber's gonna lose a lot of drivers.
10:27
A lot of people are gonna lose jobs if they have self-driving cars. That's, that's too bad. I don't like that part. There's a, another podcast that I love called A Diary of a CEO. Okay.
10:34
And they just interviewed the Uber driver, and he's... or the Uber CEO, and he's just like almost kind of unapologetically like, "80% of people are gonna lose their jobs." Wow. Wow. It's like, uh, the drivers,
10:46
you know, if you... Driver as- Yeah... as a profession is the- Is going away... number one profession in the United States- Yeah... from what I'm told, like, in terms of, like- Numbers... numbers. Yeah, wow.
10:55
They're just... And I mean, just sheer numbers. Like, he, he mentioned- Cabs... uh, just the number of drivers on their platform. Right. Uh, you know, and these people have other jobs.
11:03
But like, and, you know, when you have another job, you still have- That... driver. Yeah, yeah. You're, you're a driver of something- Right... whether it's, like I said, a taxi or a courier service- Limo...
11:11
or a limo- Yeah... or a long haul or short haul or final mile trucking- Oh... or Amazon or- Massive... Walmart or any of the... I mean, it's just there's lots and lots of drivers.
11:20
And you know, that part of the economy's gonna get kinda decimated- It's gonna suffer... was, was what he talked about on Diary of a CEO. Right. Um, I'm officially getting old. You are. This is nuts.
11:31
I remember when the Strat was brand-new. Okay. First time I came to Vegas, it was one or two years old. Okay. And now 30th anniversary, April 30th, 2026. Wow. They have Better Than Ezra coming out there.
11:44
We might have to go out there and, and check this out. Okay. Okay. Uh, I'm a fan of them. Uh, I, again, I probably only know four or five of their songs, but- Is that their pool, Swim and Social? Yeah.
11:51
I didn't even realize that they, they had that. I mean, I'm sure they have a pool. We are in Vegas, and it's a hotel. I understand. I just didn't realize that they had- But I've, I've never been there. Yeah.
11:58
Like, I'm thinking is it more like, uh, you know, Virgin, the old Hard Rock's, like, thing out there where there's, like, a, a place for bands to- Right... come play in outdoors. I've just never been over there.
12:06
I'm surprised they're not doing it next door- So-... at the golf place, the Atomic Golf. Yeah. I've heard that's struggling as well. Yeah. So I'm not so sure about that.
12:14
But obviously the Strat's a, a classic property here. Right. It's... defines the, the skyline. Even though it's not a part of, like, the main core of the Strip, it's still-On Las Vegas Boulevard- Yes... on the Strip.
12:24
Yes. I mean, technically, obviously. Uh, and whenever you see a, a painting of Vegas, it's like the Luxor light and the Stratosphere. Right. It seems to be like the two- The two... and the Bellagio fountains- Right...
12:33
are, are like the things that you see in those paintings. And so a staple on the, on the Strip. Uh, you know, I, I haven't been there in a while, u- up to the top of the, the top of the Strip. No. No.
12:42
But they have a great restaurant up there, at least it used to be really good. It's good. And amazing views. Yeah. And it's fun. Like, while you're at the restaurant, it slowly makes like one rotation- Right...
12:50
while you're eating, about once an hour. And you can see all- Space Needle. Same, same as in Seattle. Yeah. It's cool.
12:55
So that one in Seattle, we did the tour of that, and that thing spins, and it's thousands of tons of pounds. Yeah. Right? It's nuts. And it's, uh, a, I think it was a two horsepower motor. Is that right? Yeah.
13:10
So it's like on a really good ball bearing? Like... Yeah. It's, uh, and a, and, uh, the, the gear ratio for it is, is the torque of it is what... They don't need a lot of power. Okay. And it just spins super slow.
13:21
Is this so- It was impressive... just so, just so I'm understanding, it's thousands of tons of pounds? Tons of pounds, yeah. Okay. That's why I said that. Thousands of tons of pounds. That's why I said that. Okay. Yeah.
13:28
I wanted to make sure everyone- Just making sure... just, or kilos also. Oh, that too. It's a lot of kilos. It's a lot of kilos. Yeah, a lot of kilos. [laughs] Okay.
13:33
Uh, not surprising, we broke the story, uh- This I wanted to talk to you about... a few weeks ago. Yeah. Nevada ver- the state of Nevada versus Cal sheet. Yes. Prediction markets. Escalation. Uh, I was wrong about this.
13:44
Uh-oh. I said that I thought that they, they wouldn't put the injunction in, and they did. Okay. March 20th, a Nevada judge granted a temporary restraining order- Wow... blocking Cal sheet's event contracts in state.
13:55
Wow. From the judge's point of view, these contracts can't qualify- Okay... as an unlicensed sports pool under Nevada law. Wow. So- That's pretty big...
14:04
you know, once there's prec- You know, the whole thing about legal stuff, as once there's precedence and, you know, there's a case- Yeah... for it, it's a lot easier for- Move forward...
14:11
other states to move forward- Yeah, yeah... and make it happen much quicker. Now, this is just an injunction. It's not a, a ruling. Right. Right. But there's two types of things.
14:18
Like, you have one side says, "You need to stop this right now." Yeah. The other side says, "Wait a second." Yeah. Like, "You gotta find me guilty first." Don't tell me what to do.
14:25
Well, in this case, like, you know, whenever there's an injunction, they, they, they, they say, "Wait, well, you probably are guilty, so we're gonna, we're, we're gonna put this injunction in right now." Well, yeah.
14:34
Right. So not a great sign. Right. It's, it's not a great sign. Now, it's not done yet. I mean, there's been lots of times where there's been an injunction, and at the end of the day, they're like, "Well, actually,
14:45
we're not gonna, we're not gonna-" Yeah... "grant you a case," so we'll see what happens. But the next major hearing is in April 3rd, right around the corner. Right. So we'll, we'll- We'll know more...
14:52
make sure that we talk about that then. For sure. Uh, and we'll, we'll see about if they can lift the... Because they're trying to get the l- injunction lifted.
14:58
Um, but this is gonna shape the boundary between state regulated sports betting and figur- federally re- regulated stuff. Right. They're using a, a loophole right now, and everybody knows it. Yeah.
15:09
It's not like, you know- Yeah, yeah. They, they're just smug about it. I mean- Yeah, we talked about this last week- [laughs]... and I, and, or two weeks. It was a week l- week or two weeks ago, and I'm, I've...
15:16
This baffles me that there, that that loophole exists, [laughs] that they allow them to even do it. I mean, in a- Uh, but-...
15:22
in a category of too soon, it's very similar to what's happening in Texas with the card room loophole. Right. Right. Like, they're like, "It's a, it's a club." Yeah. Wink, wink. It's a club, as we- Yeah.
15:31
And I mean, I- As we gamble... I don't wanna gamble. M- my opinion of all this- Right... and just this is just what's going on right now. Right. Um, I guess sure, I will give my opinion. I'm- Ah.
15:40
I'm annoyed that they're, that the, what, what, what's happened down there 'cause I- Yeah... think that it should be allowed and whatever, but, like, my opinion doesn't matter, and that's that state's prerogative. Right.
15:47
And people know what they're getting themselves into. Right. Same thing happened here. They had an opinion that there was a strong loophole from a legal perspective. You can gamble on anything 'cause it's peer to peer.
15:56
And they've gotten away with it for a while. It's been years now. So. It's been, it's been years. All right. Well- Here we are. Here we are... we are, we are here. At Green Valley Ranch.
16:04
So I figured we'd give them a shout-out. Yeah, you might as well. Uh, lots of things going on here. Like, you can see stuff happening in real time. There's a lot...
16:10
I'm surprised that they are allowing this to happen here. Right. A lot of disruption. I guess you have no choice. Right. It's a 24/7 operation. If you wanna replace the carpet, you gotta shut stuff down. You gotta do it.
16:19
So every time we come in here, there's a different section of the casino being shut down right now for the carpet to go in. Right. Which I feel like is a weird o- order of operations. I grew up in construction.
16:29
You'd think you would... 'Cause they're, they're repainting, and they're, they're getting rid of stonework, and they're- Right...
16:33
putting in, like, new ceiling stuff, and there's gonna be other, like, much heavier construction. So you think you would do all that on the old carpet. Carpet last. Yeah. Carpet last. Right. It was always the thing.
16:41
You would think. It was, when the carpet goes in, like, it's about time to get your, your occu- occupancy permit. Right.
16:46
So I'm surprised about that, but they are or they have remodeled the west tower suites here, which- Yeah... I didn't, you know, I haven't been to. Yeah. They have a new- I haven't stayed here in a while...
16:54
a new butler service here, so they're trying to, like, raise the level of, of what they're doing here. Right. Um, it's a $200 million project here. Yeah. We- I mean, it's, it's a massive project.
17:03
They're putting a bunch of money in here. Taking money when casinos... And I learned this years and years and years ago. Reinvesting money into the casino or business or property or what, however you wanna term it,
17:18
is a write-off. Yeah. So that's why they always do it. Yeah. Well, I mean, that's any, any business. I mean- So, so when they put s- the stone, take the stone off of these pillars,
17:29
and they pay $200 million to do it, it probably, probably doesn't really cost them $200 million. Well, they get the tax write-off. But they inflate things- Yeah... and they write all that money off.
17:42
It costs us $200 million 'cause we're, we're the ones paying. Yeah. [laughs] We're out there. Yeah. [laughs] We're putting it in the machines. We're... [laughs] Yeah. Yeah. So.
17:48
I, I don't see anything here about, uh, them having a Desert Dgens suite or wing. No, they don't. I- No, I'm not seeing anything... they just, they're still going with the west tower, so we're- Yeah...
17:55
waiting for that... 71 luxury suites- Yeah... and 422 rooms. Yeah. West tower. 37 west tower suites available to book right now. Yep, they're already there. There's a 2,790 square foot- Yeah...
18:07
suite- Their signature one... with a, with a view... with a view, view of the strip, which- Wow... makes sense. It's a big room. We, we know this very well.
18:12
I mean, I haven't seen the strip from this exact location, but- Right... like, if you go to the apartments next door on the back side, they have a, they have a... And they're only- Right... three stories. Right.
18:21
So I've been in the rooms here. Oh. Uh, my buddy Jason had one of their suites here- Okay... recently, and, uh, yeahNice. At a pool table And it's a great property.
18:29
A lot of people love coming here because they don't wanna deal with the riffraff of the Strip. Right. And there's so much great stuff around here. You can walk right over to the District- Yeah...
18:36
and get a bunch of other restaurants that are open- I was there last night, Mike... last year. There you go. There you go. I, I heard. I saw- Laughlin's the best... I saw pictures. Um- This was not us.
18:44
I was gonna say, like, it's- This was not us, Mike. Yeah. I was, I was actually gonna lead with the... We, we hit the jackpot, and you- No... ruined my thunder. No, this was not us. All right. You would know. Yeah.
18:53
You guys would know before this came out. Before. 'Cause this happened on February 29th. We're just finding out about it. Uh, but at the Rio. So the thing that's exciting is we play there all the time.
19:00
So you're saying that it could have been us. We played this machine. Yeah. I don't know which one it was. There's only two, right? Well, this was, uh, 122,000, so it had to be in the high limit room. One of...
19:09
Yeah, and the... I... We played 'em. Yeah. There's two of 'em. Yeah. It's, uh, Chica Bonita. Oh, no. There's three. Chica Bonita on the far wall, and then the two Lightning Links. Oh, those. Yeah, the old ones. Yeah.
19:20
That we've had a lot of luck on. Yeah. Right. The, the chips, and then the, the- Yeah. So it's, uh-... heart... the Dollar Storm. No, not Dollar Storm. Sorry. The, the High Stakes.
19:28
The High Stakes and the Heart one next to it. And then... Yeah, the Heart Throb or something like that. Yeah. What is that one? I don't like that one. No, we're not big fans of that. But I like the High Stakes one.
19:35
Right. Anyway, congratulations to whoever you are. 122,000. You're welcome. We c- contributed to that machine, too. We definitely visited that. No one ever gives us credit. Yeah. Uh, there should be naming rights.
19:43
[laughs] Uh, they should at least put the sign on there like- Right... "Recieved Vegas Matt-" Yeah... "Approved Machine." Yeah. We should get that. "DGems Approved Machine."
19:50
Like, "The DGems have put money into this machine." We did. All right. Uh, Laughlin. That doesn't make it onto the agenda very often. No. It must have been a short news week. No, it doesn't. Laughlin. Laughlin. What?
20:00
What is this? I live there. I lived there for seven months. Oh, I kid, I kid, I kid. [laughs] Uh, they're doing a house plus cash promo. Okay. A $300,000 house. House. No, house. And... Oh.
20:11
Like, meaning, like, they're giving you a house. They're giving a house. They're giving away a house. Wow. Uh, plus $60,000 cash. Don't quite understand the cash part. Maybe it's, like, to pay the taxes or something.
20:19
Maybe. Or- That could be... buy yourself some furniture. That could be. But you gotta go out there, uh, Saturdays, March 14th through 11th. Uh, and you can earn tickets through April 18th.
20:29
Or ticket earning window through E- Right. So the weekly draws... That's interesting. There must- 500 cash certificate. Yeah, okay. I feel like we have something wrong here. I need to go double check.
20:37
And we'll, we'll do a revised thing 'cause s- something doesn't quite add up there to me. But we- The grand prize is the 18th. That's the house. That's what, that's what I missed. At Aquarius. I see.
20:45
The weekly draws are March 14th through 11th. Right. And I'm like, "Something's missing here." Yeah, that's what it is. Uh, now I see it. So the 18th you can earn tickets right up until the day of the drawing. Right.
20:52
Someone's gonna win a house. Awesome. Uh, in the final sp- there'll be 120 certificate holders, so it's gonna be like the weekly drawing. I guess, like, contributes towards you- Gets you into it. Right, okay...
21:00
with one of these multi-level things. It's not too bad. Only 120. Uh, the cash option if you don't want the house, I don't know where the house is gonna be. Right. Uh, you could take 210K. Okay.
21:07
Yeah, I, I would take that. I don't need a house in Laughlin myself. We could pay our house off. [laughs] That'd be kinda cool. Right? That'd be awesome. Guys, this is d- this is a multifaceted story, this next one.
21:18
This, this might actually be a problem for us. Yeah. This next point is, uh- Not happy... we're leaving here- Yeah... to go out to DC. Yeah. And I'm wondering if we need to be there five hours early. We, we, we have to.
21:27
They were talking about this last night on the poker table. We have to be. It's not good. And I'm not hap... Like, I, I almost wanna cancel our trip. Like, that's how much it upsets me. Oh.
21:35
'Cause we have to deal with it twice, on the way there and the way back. Yeah. Is it worse in DC? Have you... Have... I- I have a f- I almost wanna go out to the airport just to see if TSA line is five hours or not.
21:46
I have a friend who just waited a couple of hours in line- Ugh, gross... at, at the airport in DC. It doesn't even matter if you have TSA PreCheck. Doesn't even matter.
21:53
Well, she did say that, uh, PreCheck was reopened in DC, was also in our post. Oh, really? Yeah. So I think that this is fluid. But, uh, it was cool. MGM sent, uh, people out there to help the TSA workers.
22:03
They sent them 700 chef prepared lunch boxes to help the TSA- That's cool... staff here at the local Harry Reid Airport. So we also helped pay for that. Um- We, we play at Park MGM.
22:11
Well, I'm, I'm glad that we can help the TSA workers. [laughs] Right. I'm... Yes. You know. Something good came of it. Yeah. Um, I don't know. I don't do well with lines. Some people- Yeah. They'll...
22:20
My wife doesn't care. It's like, "Whatever." Um, I'm already mentally preparing myself, so it helps when I do that.
22:26
But I'd rather get through the TSA thing quickly and go into the airport club and relax before having to fly. I have this stupid Amex card, and I don't fly any longer. Right.
22:35
I'm thinking about canceling it 'cause I don't fly enough anymore. Right. And, uh, and, and then we're gonna wait in line instead of getting to use the darn club. Yeah, that's no good. So I don't know.
22:42
But, uh, at least, uh, MGM's helping, helping out the TSA workers. So. That is cool that they sent out some, some prepared lunch boxes. Um, my understanding is that they're, like, not getting paid. Yeah. Yeah. So.
22:52
But I think Congress, all the people in Congress, all the, you know, people that we, we all voted for. Yeah. Uh, they, they're still getting paid. [laughs] It, it's funny.
23:02
One of the things, we, we have this news podcast now, but I don't really watch the news. Right. Like, I'm... This is the, how I'm getting my news. This is our news. Is like, is r- doing the research for all this stuff.
23:11
Exactly. Exactly. This just upsets me so much that I've just decided to stop watching it 'cause mostly the news just infuriates people on- Right... either side, and I don't wanna be upset. It's like when I lived in LA.
23:20
So. I didn't watch the news because every night there was a car chase with the police. Right. And I didn't need to see it. Yeah, I've already seen, I've already seen that episode. I didn't need to...
23:25
Yeah, I didn't need to see it anymore. Yeah. All right. To wrap things up, Caesars- Caesars... sales chatter. Yeah. This is probably gonna be- Let's do this... in the podcast- Going forward... almost every week. Yeah.
23:37
It's such a big- Pretty big deal... such a big deal 'cause again, it's like 25 to 30, you know, a, a quarter to a third of the Strip. Right. You add up all the hotels. Uh, March 11th. Yes.
23:47
So, uh, just after the last episode we put out, uh, there's a discussion around $34 a share. So now there's- That's-... like, actual numbers out there, uh, which is $7 billion. Uh, puts it...
23:57
And we talked about that $7 billion number before. Yeah. The one that was less, no, it was less last time we talked about it. That was 7 billion. 7? Yeah. That was what we talked about last week.
24:05
'Cause the, 'cause the number was, uh, down in the 20s for, uh, share. Well, when you, you typically, when you have, like, a- When you buy it, you get a little better. Yeah...
24:11
a takeover, you, you typically have to bid higher than what- Well, it was up, uh, 120 at one point. Right. So. March 14th, this is where things are k- starting to slide a little bit. Uh, now it's $32 a share. Okay. So.
24:21
'Cause that puts it at 6 and a half billion. Coming down a little. So it is coming down. Um, but it is typical. I mean, I've been in the stock market since I was 18. Right.
24:28
Uh, and whenever you get, you know, a hostile takeover or a takeover bid or- Yeah... uh, a, an untendered share off or whatever it is, it's almost always above market price because what ends up happening is
24:39
the shareholders have a vote. And so it's like, why would I just sell this- Yeah... at market value? Right. I want- I want something... above market value- Yeah, yeah... to get, to get the votes- That makes sense...
24:49
uh, as a public company. And so- Plus they hope it's gonna go up. [laughs] You know? That's right. They're not buying it to lose, hopefully. Yeah. So at any rate, now the price is 6 and a half billion.
24:58
So it's like Wall, uh, Wall, Wall Street when, uh, Gordon's like, "Ah, so I'm only gonna make a, you know- Yeah... a couple million," whatever. So now it's like, "It's what's a half a billion dollars?" Yeah. Yeah.
25:07
It's only $500 million. No big deal. It's no big deal. Uh- [laughs] Supposedly, this could happen in the next 45 days. That's crazy. Which is actually pretty nuts. That is crazy.
25:16
So that, that's, that's what makes, I think, such a big story right now is that this could be, this could be happening by the next podcast episode- A huge takeover... or something. You know, it could be announced. So.
25:26
Yeah. Uh, it will change Vegas forever. I mean, it, it's, it just, it is such a big part of the Strip. We talked about this before. Right. So we'll see if and when this goes through.
25:36
These types of things get announced all the time and don't happen. Right. They even get announced, and be like, "This is the offer," and still don't go through because of other regulatory, other approval.
25:44
There might be some type of thing where the FTC steps in and says, "Wait a second." Yeah. "Now you have too much of-" You have too much. Yeah. You know, 'cause they already own other things. Yeah.
25:51
So we'll see what happens. But, uh- Well, the building we're sitting in, the brothers own. Right. This is the other brother- Right... that's trying to buy Caesars. So. And so they would argue that- Right...
25:58
you know, they're, it's a different company, different people. Yeah. They would. So, you know, we'll, we'll see what happens. Well, they got good attorneys too, so. Yes, they do. They'll probably figure it out.
26:05
That's probably why they had to lower the price by a half a billion dollars. Yeah. Pay for their attorneys. Pay for that. Possibly. [laughs] So. All right. I think that about wraps it up this week. All right.
26:12
Hopefully next week we can announce Pink is here. Oh, I hope so. Yeah. I hope so. All right, guys. We'll see you next week. Mrs. DG's gonna be very happy when that's announced. Yeah? Okay. Me too. Your Mrs. D. Oh, yeah.
26:22
Yeah. We get to go to a show together. True. All right. All right. Bye, everybody. Bye, everyone.
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