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Las
Vegas 1975 |
The Appraiser's Report: Spotlight on Las Vegas circa 1975 |
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In their quest to get mortgage financing for the Xanadu, its builders tapped Gary H. Kent to conduct a feasibility study and write an appraisal report. The report was a detailed description of the current (1975) Las Vegas tourist and casino market. Given the economic vigor of the other Strip casinos, Kent concluded that the project would be a "highly feasible venture" if built and estimated its ultimate fair market value at $144 million. The appraisal included loads of financial data on casino and hotel operations on the Strip, as well as photos of all major Strip resorts. |
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Text of the Report: The "Las Vegas Strip" Tourist Industry
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Hotel Statistics Summary of existing "Strip" hotel facilities | Gaming Statistics Income per device (21, roulette, craps) Income per device (slots continued) | |
Other Strip Casinos |
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Photos of the site with original captions | |||
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© 2019 University of Nevada, Las Vegas. Do not copy or reuse without permission. |
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Last modified
Tuesday, 06-Dec-2022 10:30:41 PST
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