Paradise Misplaced: Xanadu--Las Vegas, 1975


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Las Vegas 1975

The Appraiser's Report: Spotlight on Las Vegas circa 1975
Las Vegas, 1975	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.
Las Vegas, 1975	Text of the Report: Area and city information Neighborhood description The "Las Vegas Strip" Tourist Industry Site Description Summary of Findings: Hotel Summary of Findings: Gaming	Hotel Statistics Summary of existing "Strip" hotel facilities Inner hotel ratios Room rate comparison chart Air and ground travel Vacancy rates: Las Vegas vs. national Available Strip hotel rooms and spending	Gaming Statistics Income per device (21, roulette, craps) Income per device (bac, keno Income per device (slots) Income per device (slots continued) Annual income per gaming device Gaming revenue/hotel/casino spending
Other Strip Casinos
Las Vegas Strip casino map, 1975	Aladdin Hotel	Caesars Palace	Castaways
	Circus Circus	Desert Inn	Dunes Hotel
	Flamingo Hotel	Frontier Hotel	Hacienda
Holiday Inn	Landmark	Las Vegas Hilton	Marina
MGM Grand	Riviera	Royal Inn	Sahara
Sands	Stardust	Thunderbird	Tropicana
Photos of the site with original captions
"Neighborhood"	Looking southeasterly at the subject from near its northwest corner	Aerial view of the subject looking northeasterly	Looking southwesterly at the subject from near its northeast corner
"Neighborhood"	Aerial view of the subject and the "Strip" looking northerly	Looking northwesterly at the subject from near its southeast rear corner. Photo shows Freeway ramp in the background	Looking northeasterly at the subject from near its southwest corner.
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Last modified Wednesday, 02-Dec-2009 11:37:40 PST