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Harrah’s thinks giant ferris wheel will solve Vegas casino woes

Harrah’s Entertainment CEO Gary Loveman has studied the Las Vegas landscape closely. “The city doesn’t need more hotel rooms… [or] more casino square footage.” So just what does Vegas need to restore its mojo after two years of declining visitors and gambling revenues? A giant ferris wheel, that’s what. In truth, the big wheel will be part of the long-delayed Project Linq, a proposed street of retail shops, restaurants and entertainment venues. Even better? Linq will cost ‘a lot less’ than a billion dollars. Oh, well, in that case… Spin that wheel, baby! Read more.

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