This week in the Green Felt Journal I wanted to revisit an issue that continue to be relevant: casino debt loads”
It’s the dark matter of the Las Vegas casino business: there, but not readily apparent to the naked eye. You can spy reflections of it in deferred maintenance and longer check-in lines on the Strip. It’s casino debt, and it could remake the Strip over the several next years. Or not.
I also have a web extra–some thoughts from Applied Analysis principal Jeremy Aguero on what’s happened on to the Strip’s mountain of debt. You can read it here.