by InvestorPlace Staff | April 10, 2012 12:38 pm
Most people who visit Las Vegas happily ignore the admonishment “hang on to your wallet,” but if MGM Resorts International (NYSE:MGM) sticks by its proposal to install a few zip-lines across The Strip, hanging on to your wallet, car keys, loose change, sunglasses, and slot-machine tokens will become standard operating procedure.
Basically, MGM has floated the idea as an attraction for those who don’t mind heights or climbing a few stairs, but “have decided that bungee jumping is a bit too rich for their tastes,” as project consultant Greg Borgel explained it to the Las Vegas Review-Journal.
MGM’s plans, which were submitted to county officials in December, include a 950-foot run beginning at 339 feet and ending at 238 feet above street level. Another run would stretch 340 feet with a 20-foot drop, and a third would send riders 1,440 feet with a 107-foot drop. Ziptrek Ecotours, based in Whistler, British Columbia, would operate the rides, which would take about two hours to complete.
Construction costs and ride fees have not yet been disclosed.
Because the zip-lines would be strung between buildings relatively close to McCarran International Airport, plans for the project also have been submitted to the Federal Aviation Administration for review.
Source URL: http://investorplace.com/2012/04/mgm-resorts-says-why-walk-the-las-vegas-strip-when-you-can-zip-it-mgm/
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