We hear all the headlines everywhere. Gaming casinos in Las Vegas are losing money, casinos in Atlantic City are also losing money, and many gaming venues across the country are tightening their budgets to weather the next year and a half of tough economic times. This budget tightening has also hurt the job market in these regions who rely mostly on gaming revenue to keep food on their tables, but despite all this gloom and doom, there is one company that still has the guts to bring a big project to Las Vegas and bring many jobs along with it. MGM has invested $9.1 billion in its incredible City Center project that will come online in late 2009.

The amazing thing about City Center is that it’s practically a city within a city. Whatever you’re looking to do within the city, whether it’s shopping, dining, golfing, sports or gambling, you’ll find you can do it all at City Center. The beauty of City Center is that you can also buy combination rooms and live there. It will be a city within a city that is capable of sustaining itself without much outside help.

All of this comes at a time when many analysts are predicting that the economic recession will likely abate in early 2010 and by then downtown will be completely finished, bringing at least 12,000 new jobs to Las Vegas. This new project and the new jobs that will emerge should instantly put Las Vegas back on the path to the economic boom it was enjoying before the recession hit.

Now, if you have a bit of hindsight, I would be more looking to invest in Las Vegas houses right now, since they are so cheap and sellers can’t even give them away. This new project will also attract more players and exclusive visitors than Las Vegas is used to having in its city. This is a very exciting project that I have been waiting for a long time to finally happen.

Right now our job is to get through this recession and try to save a little more money, but it’s nice to know that there are amazing projects like this in Las Vegas to look forward to the next time we plan our trip there sometime this year. 2010. The future of Las Vegas sure looks fun