Thoughts on Las Vegas and ‘View of the World from 9th Avenue’

View of the World from 9th AvenueOn a wall at the New To Las Vegas world headquarters is a blown-up replica of arguably the most famous magazine cover ever. “View of the World from 9th Avenue” by illustrator Saul Steinberg, graced the March 29, 1976, issue of The New Yorker. Its careful distortion of diminishing detail and distance–still studied in art schools–perfectly captured the notion that elite New York City residents are haughty folks full of hubris wrapped up in their own surroundings and barely able to distinguish much of anything west of the Hudson River.

Take a close look at the cover, which I have reproduced elsewhere on this page. Past the thin band across the middle of  my native “Jersey,” you can see Chicago, Texas, Los Angeles, something representing the Rockies, and in the far distance beyond the Pacific Ocean, China, Japan (as one island) and Russia.

Plus Las Vegas. Continue reading

It Didn’t Stay Here: NY indictment for Las Vegas meeting

It Didn't Stay HereOMG, this is juicy!

The U.S. Attorney in Manhattan this morning announced an indictment of four men–including three born in the lands of the former Soviet Union–on campaign finance charges involving laundering of Russian-money contributions benefiting Donald Trump and Republican candidates to state office in Nevada. Among many other things, the indictment states that an alleged conspiracy involving the four included a 2018 meeting in Las Vegas and hints the goal of the Nevada contributions–which public records suggest were to the campaigns that year of Attorney General Adam Laxalt for governor and Wesley Duncan for attorney general–was to grease the skids to get a retail marijuana license.

I have no idea whatsoever about the merits of the allegations, and there is no public evidence now that Laxalt and Duncan, accused of nothing, knew anything about purported motives. But the four-count, 21-page indictment is more than enough to make the four named defendants–Lev Parnas, Igor Fruman, David Correia and Andrey Kukushkin–candidates for my list It Didn’t Stay Here. That roster consists of folks in trouble elsewhere for something that happened in Las Vegas, refuting “What Happens Here, Stays Here,” the famous marketing slogan of the Las Vegas Visitors and Convention Authority. I’d say an indictment brought by feared federal prosecutors in the Southern District Of New York qualifies as trouble elsewhere. You can see previous nominees nearby. (As it happens, they also include Trump for an earlier matter).

This indictment will get massive attention because two of the defendants, Parnas and Fruman, have been helping Trump attorney/fixer Rudy Giuliani gin up allegations concerning Joe Biden and his son, Hunter Biden, over their dealings in Ukraine. But as someone New To Las Vegas, I prefer to focus on the sideshow of the local angle. Continue reading

In Las Vegas, Forbes 400 roster declines again

Forbes 400This morning, the 38th edition of the Forbes 400, the famous annual ranking of the richest Americans, was released, and again it was bad news for the Las Vegas area. Of the seven locals on last year’s list, two dropped off completely, and most showed a decline in their individual net worth.

From a ranking standpoint, the biggest losers were brothers Lorenzo Fertitta and Frank Fertitta, casino owners who last year were tied at No. 388 with net worths of $2.1 billion each year. Thanks to a 30% decline in the share price of their Red Rock Casinos, their stash is now assessed at $1.9 billion each, a 9œ% decline. That put them below this year’s cutoff of $2.1 billion, and likely ranked in a tie for No. 404. But that’s no cigar on a list of 400. Continue reading

In Las Vegas, no honor among newspaper co-monopolists

newspaper co-monopolistsnewspaper co-monopolistsImagine two thieves who, after a heist, can’t agree on the division of spoils, and one of them actually sues the other in court. Outrageous, eh?

That’s sort of how I see the newest lawsuit brought by the Las Vegas Sun against the owners of the Las Vegas Review-Journal. The Sun and the RJ have been in an federally sanctioned agreement for 30 years that allows them carte blanche to violate antitrust laws. Yet after three decades of enjoying these benefits, the Sun now claims the RJ is–wait for it–violating antitrust laws.

This is rich. Continue reading