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December 20th, 2009
07:07 AM ET

Vegas Rolls the Dice on CityCenter

From CNN's Betty Nguyen:

It's a city within a city. A massive 67-acre, 18-million-square-foot web of hotels, spas, a casino and so much more.

It's called CityCenter. And it officially opened for business last week on the Vegas Strip, creating much-needed jobs - thousands of them.

I recently caught up with some workers who took a gamble on CityCenter - and won.

Some 170,000 people applied for the 12,000 permament jobs at CityCenter.

But with Vegas tourism down 6% this year, and the convention business dropping by almost 1/3, it might be a while before there's a full return on the billion-dollar investment.

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soundoff (One Response)
  1. michael armstrong sr. TX.

    Sounds like a real fun place but can the other casinos compete or are they doomed to turn into stop and go stores and close .

    December 20, 2009 at 10:19 am |