Plug has been pulled.
]]>Well illustrated.
]]>So this is akin to a show, I’m being told. People are expecting to pay $50 or more, possibly $100, to see a show, at noon or 2 p.m. on a Monday or Wednesday, presumably.
Some show do really well in Vegas. Some are constantly offering discounted tickets through discounters, and they’re doing one show per night, five or six nights a week. Shows are closing every month. New ones are filling the void, but plenty of shows are opening and closing in a matter of months. The shows that last for years have often had a name that transcends Vegas, be it Donald and Marie, Penn and Teller, Carrot Top or Cirque of Soleil.
So a guy that isn’t well known to mainstream America, I’d argue, is the name behind a new, exotic show that won’t run once per night, 6 nights per week, but hours per day, presumably seven days per week. Seems like a bigger gamble than Lucky Dragon.
This might be the start of a new trend. 20 years ago I never dreamed that people would be lining up to go to nightclubs in casinos and droppimg hundreds of dollars for the privilege of listening to a DJ play CDs. The next thing you know, the off-strip nightclub experience is nearly dead, as everybody wants to pay through the nose and brag they partied at MGM. I would have bet against it, and lost.
So as far fetched as it sounds to me, in five years we could have a handful of these things up and down the strip. If not, then perhaps it’ll be held in the same esteem as Eli Roth’s Goretorium.
]]>Cool, you have to pay big money to spend big money. Good luck with that. I’m sure plenty of people will, but count me among those who won’t.
I’m guessing you’ll have plenty of elbow room after the first couple of weeks.
]]>I think what a lot of readers are thinking and saying is, this is the wrong market for this experience.
Sure there maybe some millennial who will spend to see the experience. If you can get great selfies or social media posts, or if it becomes a place to meet people to hook up. What about the other people who visit Vegas such as the conventioneers, the gamblers, the budget tourists, and seniors. Is this really a venue that is going to appeal across a wide demographic?
My gut tells me no. This is a very niche product offering that has to capture a significant market share and spend to cover the construction costs and lease payments. I’m struggling to see how this makes money, especially when much broader appealing venues have failed to capture market share at the Linq.
]]>In my view – this sounds unique, and possibly as “out there” as it needs to be to succeed in what is a crowded entertainment market filled with options
I will be sure to check it out once it opens
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