Another icon closes on the Las Vegas Strip
But rumors that one of the most famous Las Vegas Strip establishments is set to close are simply not true.
Las Vegas exists in a state of almost endless renewal. That's especially true on the south and central parts of the Las Vegas Strip, where something old has to go away in order for something new to be built.
That can mean saying goodbye to favored places that might no longer be the draws they once were. Jimmy Buffett's Margaritaville recently closed at the Flamingo to make way for hipper choices from Lisa Vanderpump and Gordon Ramsay.
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It wasn't that Jimmy Buffett's vibe no longer fit Las Vegas, but the venue had become a little tired, and it was often only opening part of its space. Technically, Caesars Entertainment (CZR) just let the lease expire, but the reality is that nothing lasts forever on the Strip.
In some cases, a property just gets pushed aside so another one can use the space better. The relatively tiny Casino Royale, for example, will soon get knocked down to make way for a much larger resort casino.