[AlCzervik]

Recently, MGM-Mirage resorts merged with Mandalay Bay and Harrah's announced today that it is buying out Caesar's. The number of major casino players is ever-shrinking. I believe that one theory for this is that less competition means that they don't have to give out as many perks/comps. But, could Vegas be onto the fact the shit is going to hit the fan soon, few people will have any disposable income to gamble, and so they are merging to make quick cash and beef up balance sheets ala Chevron Texaco, Exxon Mobil and BP Amoco? All I know is that the house doesn't lose, and if Vegas is "betting on" peak oil, it confirms that Campbell, Simmons, Lahrrere, Aleklett, et al. are right on the mark.

[Jack]

It sure is a possibility. Imagine Vegas without air conditioning...or, for that matter, with fewer tourists due to the cost of travel.

With the huge hotels they have, I'd wager they are attuned to energy costs and trends.

[OilsNotWell]

Vegas betting on their own destruction. Now THAT'S irony defined! Funny, too.


Sodom and Gomorroh meets The Day After Tomorrow.