Back in the day, Las Vegas was anything but a tourist destination. The high rollers who frequented the strip came from all walks of life, and around the globe, just to stake their claim on the millions held within. There were no families coming in for a vacation and bit of gambling. It was more like career gamblers, loan sharks, and wayward souls looking to get rich quick. Back then, the mob held a tight reign over all dealings in Vegas. There were consequences for all who violated their rules.
During the late 1980’s and into the 1990’s things began rapidly changing. Las Vegas was becoming a family friendly tourist destination. Almost overnight Vegas was transformed into the vacation hotspot you see today.
The Linq project in Las Vegas is the next logical phase of evolution for the town that already has nearly every indulgence imaginable. Located directly across the street Caesars Palace, the Linq project is a unique outdoor shopping and entertainment complex. At a proposed $550 million dollar price tag, the Linq promises to be as nothing ever built before it. The centerpiece of The Linq will be its 550-foot observation wheel called “The High Roller”.
Proponents say this couldn’t come at a better time. Ever since the economy tanked, the strip has dropped as the prime American vacation destination. While people are still feeling the economic stranglehold, it is hoped that the Linq will once again bring in the much-needed revenue stream.
Opponents point out that, although the Linq could increase the overall revenue stream in Las Vegas, it is something that needs more thought and consideration prior to implementation. The estimated $550 million dollar price tag, some say, is too costly during these hard economic times.
Of course it all comes down to finding a balance between expenditures and potential income streams. The Linq, it is hoped, will give a huge infusion of capital into a town that has seen better times. You can get construction updates and the latest info from the Linq Blog.