However, I do not think that it should be a reason to ignore all the positive change happening on the property. If you do not like the new name, use the old one like I will probably do for decades. Only $5 3:2 blackjack on the Las Vegas Strip. Stratosphere is the only casino on the Las Vegas Strip that offers 3:2 blackjack with a $5 minimum bet. Stratosphere, layer of Earth’s atmosphere lying between the troposphere and the mesosphere. The lower portion of the stratosphere is nearly isothermal (a layer of constant temperature), whereas temperatures in its upper levels increase with altitude. The stratosphere extends from the tropopause at.

• Stratosphere Hotel Name Change
• Stratosphere Las Vegas Name Change
• Stratosphere Name Change
• Stratosphere Changes Name
• Stratosphere Hotel Name Change

The Stratosphere casino, hotel, and landmark in Las Vegas will have a new name come Monday: The Strat Hotel, Casino, and Skypod. Golden Entertainment Inc., which owns the Stratosphere, will air a commercial during Sunday’s Super Bowl to launch a marketing campaign for The Strat.

Stratosphere Hotel Name Change

The rebranding is part of a $140 million, three-phase renovation of the Stratosphere that was announced in March 2018. Golden Entertainment acquired the 1,149-foot property in October 2017 when it purchased American Casino & Entertainment Properties (ACEP).

In the $850 million buyout of ACEP, Golden Entertainment also acquired three other casinos: Arizona Charlie’s Boulder, Arizona Charlie’s Decatur, and Aquarius Casino Resort.

The Stratosphere is the largest freestanding observation deck in the United States. As such, it’s a landmark in the Las Vegas area. Located just north of the Las Vegas Strip, tourists visit the observation deck, while most visitors can see the structure from their hotel rooms in the city.

Bob Stupak’s Vegas World

The renovation was needed, because the Stratosphere is considered to have outdated rooms and furnishings in its 2500-room hotel and casino. The resort began as Bob Stupak’s World Famous Million-Dollar Historic Gambling Museum and Casino in 1974, though Stupak’s casino burned down two months after it opened.

Bob Stupak reopened in 1979 as the Vegas World Hotel & Casino. Stupak first conceived the observation tower in 1989, though it took until 1990 for the developer to produce the designs which led to approval for the ambitious tower to be constructed.

At the time, Bob Stupak said he wanted the definitive landmark for Las Vegas, adding, “What I’m trying to do for Las Vegas is what the Eiffel Tower did for Paris, what the Empire State Building did for New York, what the Seattle Space Needle did for Seattle.”

Carl Icahn Buy Stratosphere

Construction began in February 1992 with an opening date tenatively set for August 1994. Fire, damaged construction equipment, high winds, and financing problems caused a series of delays, so the Stratosphere’s tower did not open until April 1996. By that time, Bob Stupak had had to sell 33% of his company to Grand Casinos.

Shortly after the tower opened, Stratosphere Corporation filed for bankruptcy. Carl Icahn gained control of the casino, hotel, and tower during the bankruptcy process, then sold the property ten years later to American Casino & Entertainment Properties for a massive profit.

Stratosphere Attractions

Over the years, the various owners have added a second tower, along with SkyJump Las Vegas (bungie-jump) and three notable thrill rides: Big Shot, Insanity the Ride, and X-Scream. The Strat also has a variety of retail shops and 9 restaurants. The 80,000 square foot gaming space has 50 gaming tables and 1,500 slot machines. The Strat Casino also has a poker room and a sportsbooks.

Frankie Moreno and his ten-piece band have a permanent show at the Strat, while David Perrico with the orchestra Pop Evolution has been an award-winning act at the Strat in recent years. Playboy Playmate Claire Sinclair’s show “Pinup” was featured at the resort until March 2017.

Super Bowl LIII Commercial

Golden Entertainment is spending over $5 million to run its Super Bowl LIII commercial, though few details about the spot have leaked. It will be hard to stand out in the star-studded commercial lineup this year. Steve Carrell and Cardi B are starring in a Pepsi commercial where they answer the question “Is Pepsi OK?”

Tennis legend Serena Williams stars in a Bumble dating app commercial. Harrison Ford to Jeff Bridges, Sarah Jessica Parker each have Super Bowl spots for various products and services. Christina Applegate is in a M&Ms ad. Maroon 5 will perform at the Halftime Show along with Travis Scott and Big Boi.

The Super Bowl is a great way to launch a rebranding effort, if one can afford the commercial time. For one day, everyone in America (and many around the globe) seem to be paying attention to the Super Bowl. Even the controversies grab attention in the week before and the days after the Big Game. For instance, the Super Bowl Halftime Show now attracts controversy, due to the perceived treatment of activist-quarterback Colin Kaepernick by the NFL.

Super Bowl 51 received a 45% rating in the Neilsen Ratings in an era when a 7% is considered dominant. When 12 million to 23 million viewers gets a show rated in the Top 10, Super Bowl 52 last year had a 104 million viewers in what was considered a disappointing total. With over 100 million Americans expected to view the Super Bowl, The Strat Hotel, Casino, and Skypod should launch its new name to nearly a third of the nation.

Stratosphere Las Vegas Name Change

Table Of Contents

Nevada Regulators Report Net Loss by State's Largest Casinos for FY 2018

This week the Nevada Gaming Control Boardreleased its annual 'Gaming Abstract' reporting financial information regarding casinos in the state that grossed $1 million or more in gaming revenue during the fiscal year ending June 30, 2018.

According to the report, the 289 Nevada casinos falling into that category 'generated a net loss of $1,168,224,369 from total revenues of $27,107,879,852.' In other words, after patrons of the casinos spent $27.1B on 'gaming, rooms, food, beverage, and other attractions,' the casinos' expenses resulted in a nearly $1.17B loss 'prior to deducting federal income taxes and prior to accounting for extraordinary expenses.'

Comparing those numbers to the previous year, in FY 2017 the state's largest casinos experienced total revenues of almost $26.2B and realized a net income of $1.58B following expenses.

Stratosphere Name Change

As KSNV notes, the 'net loss was driven by expenses associated with the reorganization of Caesars Entertainment after exiting bankruptcy.'

Initial Super Bowl Betting Figures Released

Super Bowl LIII landed with a thud last weekend as the New England Patriots defeated the Los Angeles Rams 13-3 in the lowest-scoring Super Bowl in the game's history.

According to NV regulators, just over $145.9 million was wagered on the Super Bowl in the state's sportsbooks. That marked the second-highest handle ever for Super Bowl wagering, though was down from the almost $158.6 million bet on last year's big game, prompting headlines such as Forbes''Like The Super Bowl Game Itself, Betting Handle Comes Up Short Of Expectations.'

The NV sportsbooks won more this year, however, collectively realizing an almost $10.8 million win after only winning $1.17 million a year ago. As reported by Forbes, one bettor alone lost $3.8 million on the game after losing multiple bets on the Rams.

Betting on the Super Bowl in other states — a first this year thanks to last May's U.S. Supreme Court ruling lifting the federal prohibition on sports betting — helped carry the overall total of legal Super Bowl wagers higher.

In New Jersey, about $34.9 million was bet on the game, with sportsbooks coming away a $4.5 million loser overall. Meanwhile in Mississippi the Super Bowl handle was $4.67 million and in Delaware it was $2.2 million (per Forbes). Regulators from other states with sports betting (New Mexico, Pennsylvania, Rhode Island, and West Virginia) have yet to release their states' figures.

State Attorneys General Object to Adelson Influence Upon New DOJ Online Gambling Opinion

Stratosphere Changes Name

This week came some follow-up to last month's news of a new opinion emanating from the U.S. Department of Justice that signaled a change of position regarding the DOJ's stance on online gambling. Two attorneys general from states currently offering legal online gambling have made known their objection to the new opinion in a letter to acting U.S. Attorney General Matthew G. Whitaker.

As you might recall, in mid-January the DOJ made public a new opinion on the Interstate Wire Act of 1961 that stated the law's prohibitions extended beyond sports betting to cover other forms of online gambling. That position is different than one advanced in a December 2011 opinion that held the Wire Act applied to sports betting only.

Following the 2011 opinion, Delaware, New Jersey, Nevada, and Pennsylvania passed legislation to allow various types of online gambling, with other states currently considering online gambling bills of their own.

Following the opinion's publication, some speculated it might halt the expansion of online gambling in the U.S. by discouraging states from progressing with legislation and also potentially being used as an obstacle to prevent interstate compacts such as the one Nevada, New Jersey, and Delaware have to allow players on WSOP.com to play against one another as part of a shared player pool.

Meanwhile others characterized such fears as needless overreaction to the new opinion, with some predicting court challenges to come.

For analysis of the new DOJ opinion and its potential significance, see Maurice 'Mac' VerStandig's 'The Justice Department Gets its Wires Crossed.'

At the time the new opinion was made public, The Washington Post was reporting right away how the position it presented reflected the influence of 'GOP megadonor' and Las Vegas Sands CEO and chairman Sheldon Adelson. Indeed, the DOJ opinion closely matched the argument outlined in a memo from the D.C. law firm of Charles Cooper on behalf of a lobbying group backed by Adelson.

Yesterday The Washington Post reported that Josh Shapiro, attorney general of Pennsylvania, and Gurbir S. Grewal, attorney general of New Jersey, have jointly written a letter to U.S. AG Whitaker expressing concern that the new opinion 'followed substantial lobbying by outside groups.'

Stratosphere Hotel Name Change

In their letter, the attorneys general object not only to the process by which the new opinion was authored, but the position it represents which they say 'tramples over the law and states' rights.'

See The Washington Post article for further details about Adelson's anti-online gambling campaign and other reaction from legislators and others to the new DOJ opinion. For further reading on the matter, see also yesterday's op-ed for USA Today written by former U.S. deputy attorney general Peter J. Ferrara, 'Department of Justice shouldn't end online gambling to appease Trump donor Sheldon Adelson.'

Stratosphere to be Renamed the STRAT Hotel, Casino and Skypod

Finally, one of Las Vegas's best known hotel-casinos will be getting a new name. This week Golden Entertainment, Inc., owner of Stratosphere Casino, Hotel & Tower, announced the resort will be rebranded to The STRAT Hotel, Casino and Skypod.

The change comes as part of a larger campaign that includes large-scale remodeling and renovation of the hotel and casino. Heralding the announcement were two commercials aired during Super Bowl LIII.

Also announced was the rebranding of the top three floors of the Stratosphere's iconic 1,149-foot tower as SkyPod, including the Top of the World restaurant, the SkyLounge, and more including the Sky Jump, Big Shot, Insanity and X-Scream rides.

'The Stratosphere is a Las Vegas icon, so in acquiring the property we chose to preserve that quality while also reimagining the resort through a comprehensive remodel that spans from the tower to the main casino floor,' said Golden Entertainment Executive VP and CEO Steve Arcana. 'We have developed a new brand that speaks to the fun and excitement of this grand transformation and we are thrilled to announce The STRAT.'

^{Photo: 'Stratosphere Hotel' (adapted), Sahmeditor, CC BY-SA 3.0.}

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